Lifeway Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	229.42	212.5	186.82	160.12	141.57	119.07
Revenue Growth (YoY)	21.85%	13.74%	16.67%	13.11%	18.90%	16.70%
Cost of Revenue	164.9	154.29	138.25	117.68	114.78	90.36
Gross Profit	64.52	58.21	48.57	42.44	26.79	28.71
Selling, General & Admin	43.06	41.49	34.18	24.91	23.9	22.71
Depreciation & Amortization Expenses	4.1	3.98	3.39	3.16	2.97	2.87
Total Operating Expenses	47.16	45.47	37.57	28.07	26.87	25.58
Operating Income	20.92	16.17	13.85	17	2.35	5.88
Interest Expense	-0.13	-0.08	-0.11	-0.38	-0.27	-0.12
Other Non-Operating Income (Expense)	0.19	3.59	0.22	0.04	-0.24	-0.15
Total Non-Operating Income (Expense)	0.05	3.51	0.12	-0.35	-0.51	-0.26
Pretax Income	20.98	19.69	13.97	16.65	1.84	5.62
Provision for Income Taxes	5.98	5.83	4.94	5.28	0.92	2.31
Net Income	14.99	13.86	9.03	11.37	0.92	3.31
Net Income to Common	14.99	13.86	9.03	11.37	0.92	3.31
Net Income Growth	47.88%	53.56%	-20.60%	1130.19%	-72.09%	2.44%
Shares Outstanding (Basic)	15	15	15	15	15	16
Shares Outstanding (Diluted)	15	16	15	15	16	16
Shares Change (YoY)	1.80%	2.70%	0.18%	-3.91%	-0.35%	0.04%
EPS (Basic)	0.99	0.91	0.61	0.77	0.06	0.21
EPS (Diluted)	0.97	0.89	0.60	0.75	0.06	0.21
EPS Growth	46.97%	48.33%	-20.00%	1150.00%	-71.43%	-
Shares Outstanding	15.28	15.23	15.1	14.69	14.65	0.02
Free Cash Flow	-20.71	-16.41	6.27	12.59	0.54	3.64
Free Cash Flow Growth	-	-	-50.24%	2240.15%	-85.23%	-18.89%
Free Cash Flow Per Share	-1.34	-1.06	0.41	0.83	0.03	0.23
Gross Margin	28.12%	27.39%	26.00%	26.51%	18.92%	24.11%
Operating Margin	9.12%	7.61%	7.41%	10.61%	1.66%	4.94%
Profit Margin	6.54%	6.52%	4.83%	7.10%	0.65%	2.78%
FCF Margin	-9.03%	-7.72%	3.35%	7.86%	0.38%	3.06%
EBITDA	25.02	20.15	17.24	20.16	5.32	8.75
EBITDA Margin	10.91%	9.48%	9.23%	12.59%	3.76%	7.35%
EBIT	20.92	16.17	13.85	17	2.35	5.88
EBIT Margin	9.12%	7.61%	7.41%	10.61%	1.66%	4.94%
Effective Tax Rate	28.53%	29.60%	35.39%	31.73%	49.81%	41.04%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q