# Lifeway Foods, Inc.: overview LWAY · Nasdaq · CIK 814586 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/lway.md) · [Financials](/companies/lway/financials.md) · [Filings](/companies/lway/filings.md) · [Insiders](/companies/lway/insiders.md) Latest reported revenue: [$66.9m](/filings/0001683168-26-006302.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 13, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001683168-26-006302). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [46.1](/filings/0001683168-25-008212.md) | [46.9 d](/filings/0001683168-26-001886.md) | [46.1](/filings/0001683168-26-003839.md) | [53.9](/filings/0001683168-26-006302.md) | [57.1](/filings/0001683168-25-008212.md) | [55.4 d](/filings/0001683168-26-001886.md) | [63.0](/filings/0001683168-26-003839.md) | [66.9](/filings/0001683168-26-006302.md) | | Gross margin | % | [25.7%](/filings/0001683168-25-008212.md) | [25.3% d](/filings/0001683168-26-001886.md) | [23.9%](/filings/0001683168-26-003839.md) | [28.6%](/filings/0001683168-26-006302.md) | [28.7%](/filings/0001683168-25-008212.md) | [27.8% d](/filings/0001683168-26-001886.md) | [27.5%](/filings/0001683168-26-003839.md) | [19.5%](/filings/0001683168-26-006302.md) | | Operating margin | % | [9.1%](/filings/0001683168-25-008212.md) | [1.5% d](/filings/0001683168-26-001886.md) | [3.4%](/filings/0001683168-26-003839.md) | [10.8%](/filings/0001683168-26-006302.md) | [8.8%](/filings/0001683168-25-008212.md) | [6.8% d](/filings/0001683168-26-001886.md) | [10.0%](/filings/0001683168-26-003839.md) | [0.9%](/filings/0001683168-26-006302.md) | | Net margin | % | [6.5%](/filings/0001683168-25-008212.md) | [(0.3%) d](/filings/0001683168-26-001886.md) | [7.7%](/filings/0001683168-26-006302.md) | [7.9%](/filings/0001683168-26-006302.md) | [6.2%](/filings/0001683168-25-008212.md) | [4.6% d](/filings/0001683168-26-001886.md) | [7.4%](/filings/0001683168-26-006302.md) | [0.2%](/filings/0001683168-26-006302.md) | | Diluted EPS | $ per share | [0.19](/filings/0001683168-25-008212.md) | not reported | [0.23](/filings/0001683168-26-003839.md) | [0.28](/filings/0001683168-26-006302.md) | [0.23](/filings/0001683168-25-008212.md) | not reported | [0.30](/filings/0001683168-26-003839.md) | [0.01](/filings/0001683168-26-006302.md) | | Free cash flow | $m | [5.9 d](/filings/0001683168-25-008212.md) | [(3.8) d](/filings/0001683168-26-001886.md) | [(2.4)](/filings/0001683168-26-003839.md) | [1.6 d](/filings/0001683168-26-006302.md) | [5.6 d](/filings/0001683168-25-008212.md) | [(17.4) d](/filings/0001683168-26-001886.md) | [(6.7)](/filings/0001683168-26-003839.md) | [(8.8) d](/filings/0001683168-26-006302.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [119](/filings/0001683168-23-001804.md) | [142](/filings/0001683168-24-001564.md) | [160](/filings/0001683168-25-001592.md) | [187](/filings/0001683168-26-001886.md) | [212](/filings/0001683168-26-001886.md) | | Gross margin | % | [24.1%](/filings/0001683168-23-001804.md) | [18.9%](/filings/0001683168-24-001564.md) | [26.5%](/filings/0001683168-25-001592.md) | [26.0%](/filings/0001683168-26-001886.md) | [27.4%](/filings/0001683168-26-001886.md) | | Operating margin | % | [4.9%](/filings/0001683168-23-001804.md) | [1.7%](/filings/0001683168-24-001564.md) | [10.6%](/filings/0001683168-25-001592.md) | [7.4%](/filings/0001683168-26-001886.md) | [7.6%](/filings/0001683168-26-001886.md) | | Net margin | % | [2.8%](/filings/0001683168-23-001804.md) | [0.7%](/filings/0001683168-24-001564.md) | [7.1%](/filings/0001683168-25-001592.md) | [4.8%](/filings/0001683168-26-001886.md) | [6.5%](/filings/0001683168-26-001886.md) | | Diluted EPS | $ per share | [0.21](/filings/0001683168-23-001804.md) | [0.06](/filings/0001683168-24-001564.md) | [0.75](/filings/0001683168-25-001592.md) | [0.60](/filings/0001683168-26-001886.md) | [0.89](/filings/0001683168-26-001886.md) | | Free cash flow | $m | [3.6](/filings/0001683168-23-001804.md) | [0.5](/filings/0001683168-24-001564.md) | [12.6](/filings/0001683168-25-001592.md) | [6.3](/filings/0001683168-26-001886.md) | [(16.4)](/filings/0001683168-26-001886.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/lway/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [Divisadero Street Capital Management, LP](/funds/1901865.md) | 2026-06-30 | $62.7m | 2,101,540 | | Added +692,772 | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $27.8m | 930,109 | | Added +858,228 | | [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $17.5m | 585,100 | | New +585,100 | | [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $11.3m | 377,171 | | Added +8,500 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $10.9m | 366,771 | | Added +104,710 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $9.6m | 322,184 | | Added +44,434 | | [Pillsbury Lake Capital LLC](/funds/2111915.md) | 2026-06-30 | $8.7m | 291,709 | | New +291,709 | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $7.7m | 258,374 | | Added +22,664 | | [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $6.8m | 228,136 | | Added +108,507 | | [AWM Investment Company, Inc.](/funds/1535264.md) | 2026-06-30 | $6.7m | 223,000 | | New +223,000 | ## Recent filings [All 841 filings](/companies/lway/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-13 | 13:00 ET | [10-Q](/filings/0001683168-26-006302.md) | Quarterly report, period 2026-06-30 | 0001683168-26-006302 | | 2026-08-13 | 13:00 ET | [8-K](/filings/0001683168-26-006301.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001683168-26-006301 | | 2026-07-07 | 20:05 ET | [8-K](/filings/0001683168-26-005332.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001683168-26-005332 | | 2026-06-18 | 21:28 ET | [8-K](/filings/0001683168-26-004989.md) | 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001683168-26-004989 | | 2026-06-05 | 21:01 ET | [8-K](/filings/0001683168-26-004593.md) | 1.02 Termination of a material agreement; 3.03 Change to security holders’ rights | 0001683168-26-004593 | | 2026-06-03 | 13:00 ET | [8-K](/filings/0001683168-26-004480.md) | 8.01 Other events | 0001683168-26-004480 | | 2026-05-20 | 20:30 ET | [SCHEDULE 13D/A](/filings/0001193125-26-232696.md) | Ownership report, active investor, amended | 0001193125-26-232696 | | 2026-05-20 | 20:05 ET | [SCHEDULE 13D/A](/filings/0001683168-26-004169.md) | Ownership report, active investor, amended | 0001683168-26-004169 | | 2026-05-14 | 21:02 ET | [8-K](/filings/0001683168-26-003934.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001683168-26-003934 | | 2026-05-14 | 10:00 ET | [10-Q](/filings/0001683168-26-003839.md) | Quarterly report, period 2026-03-31 | 0001683168-26-003839 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001683168-26-001886.md), filed Mar 17, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/66a3955d-ba36-483d-9613-8c2bf63ad749) ## About the filer - CIK: 814586 - Tickers: LWAY - Exchange: Nasdaq - SIC code: 2020 Dairy Products - State of incorporation: IL - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:25 ET. No prices; not investment advice.