# Lamb Weston Holdings, Inc.: financial statements, quarterly

LW · NYSE · CIK 1679273 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends May 31

Pages: [Overview](/companies/lw.md) · [Financials](/companies/lw/financials.md) · [Filings](/companies/lw/filings.md) · [Insiders](/companies/lw/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/lw/financials.md?period=annual).

## Income statement

| Line item | Unit | Q2 FY2024 (2023-11-26) | Q3 FY2024 (2024-02-25) | Q4 FY2024 (2024-05-26) | Q1 FY2025 (2024-08-25) | Q2 FY2025 (2024-11-24) | Q3 FY2025 (2025-02-23) | Q4 FY2025 (2025-05-25) | Q1 FY2026 (2025-08-24) | Q2 FY2026 (2025-11-23) | Q3 FY2026 (2026-02-22) | Q4 FY2026 (2026-05-31) | Q1 FY2027 (2026-08-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,732](/filings/0001679273-24-000087.md) | [1,458](/filings/0001679273-25-000026.md) | [1,612 d](/filings/0001679273-26-000026.md) | [1,654](/filings/0001679273-25-000070.md) | [1,601](/filings/0001679273-25-000076.md) | [1,521](/filings/0001679273-26-000013.md) | [1,676 d](/filings/0001679273-26-000026.md) | [1,659](/filings/0001679273-26-000052.md) | [1,618](/filings/0001679273-25-000076.md) | [1,565](/filings/0001679273-26-000013.md) | [1,770 d](/filings/0001679273-26-000026.md) | [1,670](/filings/0001679273-26-000052.md) |
| Cost of revenue | $m | [1,257](/filings/0001679273-24-000087.md) | [1,055](/filings/0001679273-25-000026.md) | [1,224 d](/filings/0001679273-26-000026.md) | [1,298](/filings/0001679273-25-000070.md) | [1,323](/filings/0001679273-25-000076.md) | [1,098](/filings/0001679273-26-000013.md) | [1,334 d](/filings/0001679273-26-000026.md) | [1,317](/filings/0001679273-26-000052.md) | [1,294](/filings/0001679273-25-000076.md) | [1,233](/filings/0001679273-26-000013.md) | [1,409 d](/filings/0001679273-26-000026.md) | [1,404](/filings/0001679273-26-000052.md) |
| Gross profit | $m | [476](/filings/0001679273-24-000087.md) | [404](/filings/0001679273-25-000026.md) | [388 d](/filings/0001679273-26-000026.md) | [356](/filings/0001679273-25-000070.md) | [278](/filings/0001679273-25-000076.md) | [423](/filings/0001679273-26-000013.md) | [342 d](/filings/0001679273-26-000026.md) | [342](/filings/0001679273-26-000052.md) | [324](/filings/0001679273-25-000076.md) | [332](/filings/0001679273-26-000013.md) | [361 d](/filings/0001679273-26-000026.md) | [267](/filings/0001679273-26-000052.md) |
| Selling, general and administrative | $m | [170](/filings/0001679273-24-000087.md) | [180](/filings/0001679273-25-000026.md) | [175 d](/filings/0001679273-26-000026.md) | [144](/filings/0001679273-25-000070.md) | [185](/filings/0001679273-25-000076.md) | [164](/filings/0001679273-26-000013.md) | [141 d](/filings/0001679273-26-000026.md) | [154](/filings/0001679273-26-000052.md) | [171](/filings/0001679273-25-000076.md) | [157](/filings/0001679273-26-000013.md) | [183 d](/filings/0001679273-26-000026.md) | [170](/filings/0001679273-26-000052.md) |
| Operating income | $m | [306](/filings/0001679273-24-000087.md) | [224](/filings/0001679273-25-000026.md) | [213 d](/filings/0001679273-26-000026.md) | [212](/filings/0001679273-25-000070.md) | [18.5](/filings/0001679273-25-000076.md) | [249](/filings/0001679273-26-000013.md) | [186 d](/filings/0001679273-26-000026.md) | [157](/filings/0001679273-26-000052.md) | [139](/filings/0001679273-25-000076.md) | [127](/filings/0001679273-26-000013.md) | [169 d](/filings/0001679273-26-000026.md) | [82.2](/filings/0001679273-26-000052.md) |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [66.2](/filings/0001679273-24-000087.md) | [43.1](/filings/0001679273-25-000026.md) | [50.7 d](/filings/0001679273-26-000026.md) | [50.8](/filings/0001679273-25-000070.md) | [13.4](/filings/0001679273-25-000076.md) | [57.5](/filings/0001679273-26-000013.md) | [21.4 d](/filings/0001679273-26-000026.md) | [47.9](/filings/0001679273-26-000052.md) | [36.0](/filings/0001679273-25-000076.md) | [30.3](/filings/0001679273-26-000013.md) | [13.9 d](/filings/0001679273-26-000026.md) | [16.9](/filings/0001679273-26-000052.md) |
| Net income | $m | [215](/filings/0001679273-24-000087.md) | [146](/filings/0001679273-25-000026.md) | [130 d](/filings/0001679273-26-000026.md) | [127](/filings/0001679273-25-000070.md) | [(36.1)](/filings/0001679273-25-000076.md) | [146](/filings/0001679273-26-000013.md) | [120 d](/filings/0001679273-26-000026.md) | [64.3](/filings/0001679273-26-000052.md) | [62.1](/filings/0001679273-25-000076.md) | [54.0](/filings/0001679273-26-000013.md) | [110 d](/filings/0001679273-26-000026.md) | [29.1](/filings/0001679273-26-000052.md) |
| Diluted EPS | $ per share | [1.48](/filings/0001679273-24-000087.md) | [1.01](/filings/0001679273-25-000026.md) | not reported | [0.88](/filings/0001679273-25-000070.md) | [(0.25)](/filings/0001679273-25-000076.md) | [1.03](/filings/0001679273-26-000013.md) | not reported | [0.46](/filings/0001679273-26-000052.md) | [0.44](/filings/0001679273-25-000076.md) | [0.39](/filings/0001679273-26-000013.md) | not reported | [0.21](/filings/0001679273-26-000052.md) |
| Basic EPS | $ per share | [1.48](/filings/0001679273-24-000087.md) | [1.01](/filings/0001679273-25-000026.md) | not reported | [0.89](/filings/0001679273-25-000070.md) | [(0.25)](/filings/0001679273-25-000076.md) | [1.03](/filings/0001679273-26-000013.md) | not reported | [0.46](/filings/0001679273-26-000052.md) | [0.45](/filings/0001679273-25-000076.md) | [0.39](/filings/0001679273-26-000013.md) | not reported | [0.21](/filings/0001679273-26-000052.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q2 FY2024 (2023-11-26) | Q3 FY2024 (2024-02-25) | FY2024 (2024-05-26) | Q1 FY2025 (2024-08-25) | Q2 FY2025 (2024-11-24) | Q3 FY2025 (2025-02-23) | FY2025 (2025-05-25) | Q1 FY2026 (2025-08-24) | Q2 FY2026 (2025-11-23) | Q3 FY2026 (2026-02-22) | FY2026 (2026-05-31) | Q1 FY2027 (2026-08-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [78.3](/filings/0001558370-24-000050.md) | [62.3](/filings/0001679273-24-000021.md) | [71.4](/filings/0001679273-25-000049.md) | [121](/filings/0001679273-24-000073.md) | [79.0](/filings/0001679273-24-000087.md) | [67.5](/filings/0001679273-25-000026.md) | [70.7](/filings/0001679273-26-000026.md) | [98.6](/filings/0001679273-25-000070.md) | [82.7](/filings/0001679273-25-000076.md) | [57.5](/filings/0001679273-26-000013.md) | [68.2](/filings/0001679273-26-000052.md) | [166](/filings/0001679273-26-000052.md) |
| Current assets | $m | [2,081](/filings/0001558370-24-000050.md) | [2,159](/filings/0001679273-24-000021.md) | [2,090](/filings/0001679273-25-000049.md) | [2,064](/filings/0001679273-24-000073.md) | [2,191](/filings/0001679273-24-000087.md) | [2,195](/filings/0001679273-25-000026.md) | [2,033](/filings/0001679273-26-000026.md) | [1,873](/filings/0001679273-25-000070.md) | [2,011](/filings/0001679273-25-000076.md) | [2,060](/filings/0001679273-26-000013.md) | [2,014](/filings/0001679273-26-000052.md) | [2,050](/filings/0001679273-26-000052.md) |
| Total assets | $m | [7,045](/filings/0001558370-24-000050.md) | [7,246](/filings/0001679273-24-000021.md) | [7,367](/filings/0001679273-25-000049.md) | [7,513](/filings/0001679273-24-000073.md) | [7,452](/filings/0001679273-24-000087.md) | [7,423](/filings/0001679273-25-000026.md) | [7,393](/filings/0001679273-26-000026.md) | [7,237](/filings/0001679273-25-000070.md) | [7,331](/filings/0001679273-25-000076.md) | [7,394](/filings/0001679273-26-000013.md) | [7,380](/filings/0001679273-26-000052.md) | [7,323](/filings/0001679273-26-000052.md) |
| Current liabilities | $m | [1,618](/filings/0001558370-24-000050.md) | [1,816](/filings/0001679273-24-000021.md) | [1,624](/filings/0001679273-25-000049.md) | [1,730](/filings/0001679273-24-000073.md) | [1,627](/filings/0001679273-24-000087.md) | [1,621](/filings/0001679273-25-000026.md) | [1,476](/filings/0001679273-26-000026.md) | [1,258](/filings/0001679273-25-000070.md) | [1,403](/filings/0001679273-25-000076.md) | [1,410](/filings/0001679273-26-000013.md) | [1,416](/filings/0001679273-26-000052.md) | [1,409](/filings/0001679273-26-000052.md) |
| Total liabilities | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Long-term debt | $m | not reported | not reported | [3,837](/filings/0001679273-24-000036.md) | not reported | not reported | not reported | [3,772](/filings/0001679273-25-000049.md) | not reported | not reported | not reported | [3,675](/filings/0001679273-26-000026.md) | not reported |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Short-term borrowings | $m | [297](/filings/0001558370-24-000050.md) | [541](/filings/0001679273-24-000021.md) | [326](/filings/0001679273-25-000049.md) | [530](/filings/0001679273-24-000073.md) | [321](/filings/0001679273-24-000087.md) | [485](/filings/0001679273-25-000026.md) | [371](/filings/0001679273-26-000026.md) | [215](/filings/0001679273-25-000070.md) | [187](/filings/0001679273-25-000076.md) | [269](/filings/0001679273-26-000013.md) | [249](/filings/0001679273-26-000052.md) | [279](/filings/0001679273-26-000052.md) |
| Shareholders' equity | $m | [1,668](/filings/0001679273-25-000026.md) | [1,758](/filings/0001679273-25-000026.md) | [1,788](/filings/0001679273-26-000026.md) | [1,837](/filings/0001679273-25-000076.md) | [1,633](/filings/0001679273-26-000013.md) | [1,634](/filings/0001679273-26-000013.md) | [1,738](/filings/0001679273-26-000052.md) | [1,790](/filings/0001679273-26-000052.md) | [1,754](/filings/0001679273-26-000013.md) | [1,827](/filings/0001679273-26-000013.md) | [1,825](/filings/0001679273-26-000052.md) | [1,807](/filings/0001679273-26-000052.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: not reported
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: not reported
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q2 FY2024 (2023-11-26) | Q3 FY2024 (2024-02-25) | Q4 FY2024 (2024-05-26) | Q1 FY2025 (2024-08-25) | Q2 FY2025 (2024-11-24) | Q3 FY2025 (2025-02-23) | Q4 FY2025 (2025-05-25) | Q1 FY2026 (2025-08-24) | Q2 FY2026 (2025-11-23) | Q3 FY2026 (2026-02-22) | Q4 FY2026 (2026-05-31) | Q1 FY2027 (2026-08-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [121 d](/filings/0001679273-24-000087.md) | [26.3 d](/filings/0001679273-25-000026.md) | [317 d](/filings/0001679273-26-000026.md) | [330](/filings/0001679273-25-000070.md) | [99.1 d](/filings/0001679273-25-000076.md) | [56.0 d](/filings/0001679273-26-000013.md) | [383 d](/filings/0001679273-26-000026.md) | [352](/filings/0001679273-26-000052.md) | [178 d](/filings/0001679273-25-000076.md) | [65.2 d](/filings/0001679273-26-000013.md) | [347 d](/filings/0001679273-26-000026.md) | [235](/filings/0001679273-26-000052.md) |
| Capital expenditure | $m | [240 d](/filings/0001679273-24-000087.md) | [256 d](/filings/0001679273-25-000026.md) | [166 d](/filings/0001679273-26-000026.md) | [326](/filings/0001679273-25-000070.md) | [149 d](/filings/0001679273-25-000076.md) | [75.8 d](/filings/0001679273-26-000013.md) | [87.8 d](/filings/0001679273-26-000026.md) | [77.6](/filings/0001679273-26-000052.md) | [77.4 d](/filings/0001679273-25-000076.md) | [102 d](/filings/0001679273-26-000013.md) | [146 d](/filings/0001679273-26-000026.md) | [88.7](/filings/0001679273-26-000052.md) |
| Dividends paid | $m | [40.8 d](/filings/0001679273-24-000087.md) | [40.4 d](/filings/0001679273-25-000026.md) | [52.0 d](/filings/0001679273-26-000026.md) | [51.7](/filings/0001679273-25-000070.md) | [51.6 d](/filings/0001679273-25-000076.md) | [51.4 d](/filings/0001679273-26-000013.md) | [52.2 d](/filings/0001679273-26-000026.md) | [51.7](/filings/0001679273-26-000052.md) | [51.6 d](/filings/0001679273-25-000076.md) | [51.4 d](/filings/0001679273-26-000013.md) | [52.8 d](/filings/0001679273-26-000026.md) | [52.2](/filings/0001679273-26-000052.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock

## Shares

| Line item | Unit | Q2 FY2023 (2022-11-27) | Q3 FY2023 (2023-02-26) | Q1 FY2024 (2023-08-27) | Q2 FY2024 (2023-11-26) | Q3 FY2024 (2024-02-25) | Q1 FY2025 (2024-08-25) | Q2 FY2025 (2024-11-24) | Q3 FY2025 (2025-02-23) | Q1 FY2026 (2025-08-24) | Q2 FY2026 (2025-11-23) | Q3 FY2026 (2026-02-22) | Q1 FY2027 (2026-08-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [145](/filings/0001558370-24-000050.md) | [145](/filings/0001679273-24-000021.md) | [147](/filings/0001679273-24-000073.md) | [146](/filings/0001679273-24-000087.md) | [145](/filings/0001679273-25-000026.md) | [144](/filings/0001679273-25-000070.md) | [143](/filings/0001679273-25-000076.md) | [142](/filings/0001679273-26-000013.md) | [140](/filings/0001679273-26-000052.md) | [140](/filings/0001679273-25-000076.md) | [139](/filings/0001679273-26-000013.md) | [138](/filings/0001679273-26-000052.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 137,780,447 at 2026-09-29, from the cover of the [10-Q filed 2026-10-06](/filings/0001679273-26-000052.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:45 ET. No prices; not investment advice.