Lifeway Foods, Inc. (LWAY)

Nasdaq: LWAY · Dairy Products · Morton Grove, IL · filing with the SEC since 1995

Grade5.9

◀ Past 4.0● Present 6.8▶ Future 6.7

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 17, 2026	Mar 14, 2025	Mar 20, 2024	Mar 27, 2023	Jul 21, 2022	Mar 25, 2021	Apr 14, 2020	Apr 15, 2019	Mar 30, 2018	Apr 10, 2017
Revenue	212,496	186,820	160,123	141,568	119,065	102,026	93,662	103,350	118,893	123,879
Cost of revenue	154,290	138,246	117,682	114,782	90,355	75,093	68,367	74,646	85,757	88,847
Gross profit	58,206	48,574	42,441	26,786	28,710	26,933	22,149	25,858	30,696	35,032
General and administrative	21,603	19,439	13,130	12,593	11,611	11,661	12,828	13,616	13,955	13,783
Total operating expenses	42,034	34,722	25,446	24,437	22,830	22,010	24,082	28,968	31,222	28,947
Operating income	16,172	13,852	16,995	2,349	5,880	4,923	-1,933	-3,110	-526	6,085
Interest expense	77	105	384	267	116	118	249	271	242	220
Other income (expense), net	279	230	4	0	-62	47	84	16	2^r	-448
Total non-operating income (expense)	3,514	117	-346	-508	-264	-95	3,168	-201	-278	·
Income before income taxes	19,686	13,969	16,649	1,841	5,616	4,828	1,235	-3,311	-804	5,637
Income tax expense	5,827	4,944	5,282	917	2,305	1,596	782	-225	-458	2,158
Net income	13,859	9,025	11,367	924	3,311	3,232	453	-3,086	-346	3,479
Earnings per share, basic	0.91	0.61	0.77	0.06	0.21	0.21	0.03	-0.19	-0.02	0.22
Earnings per share, diluted	0.89	0.60	0.75	0.06	0.21	0.21	0.03	-0.19	-0.02	0.22
Weighted average shares, basic	15,200	14,769	14,667	15,396	15,537	15,597	15,748	15,872	16,105	16,155
Weighted average shares, diluted	15,539	15,130	15,103	15,718	15,773	15,766	15,804	16,319	16,105	16,160

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueGoodsNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton LWAY · research, not advice