# Lifeway Foods, Inc.: financial statements, quarterly

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)

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/lway/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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 | [40.9](/filings/0001683168-24-008025.md) | [42.1 d](/filings/0001683168-25-001592.md) | [44.6](/filings/0001683168-25-003458.md) | [49.2](/filings/0001683168-25-005922.md) | [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) |
| Cost of revenue | $m | [29.8](/filings/0001683168-24-008025.md) | [30.3 d](/filings/0001683168-25-001592.md) | [33.1](/filings/0001683168-25-003458.md) | [35.9](/filings/0001683168-25-005922.md) | [34.2](/filings/0001683168-25-008212.md) | [35.0 d](/filings/0001683168-26-001886.md) | [35.1](/filings/0001683168-26-003839.md) | [38.5](/filings/0001683168-26-006302.md) | [40.7](/filings/0001683168-25-008212.md) | [40.0 d](/filings/0001683168-26-001886.md) | [45.7](/filings/0001683168-26-003839.md) | [53.9](/filings/0001683168-26-006302.md) |
| Gross profit | $m | [11.1](/filings/0001683168-24-008025.md) | [11.8 d](/filings/0001683168-25-001592.md) | [11.5](/filings/0001683168-25-003458.md) | [13.3](/filings/0001683168-25-005922.md) | [11.9](/filings/0001683168-25-008212.md) | [11.9 d](/filings/0001683168-26-001886.md) | [11.0](/filings/0001683168-26-003839.md) | [15.4](/filings/0001683168-26-006302.md) | [16.4](/filings/0001683168-25-008212.md) | [15.4 d](/filings/0001683168-26-001886.md) | [17.4](/filings/0001683168-26-003839.md) | [13.0](/filings/0001683168-26-006302.md) |
| Operating income | $m | [5.0](/filings/0001683168-24-008025.md) | [5.8 d](/filings/0001683168-25-001592.md) | [3.6](/filings/0001683168-25-003458.md) | [5.4](/filings/0001683168-25-005922.md) | [4.2](/filings/0001683168-25-008212.md) | [0.7 d](/filings/0001683168-26-001886.md) | [1.6](/filings/0001683168-26-003839.md) | [5.8](/filings/0001683168-26-006302.md) | [5.0](/filings/0001683168-25-008212.md) | [3.8 d](/filings/0001683168-26-001886.md) | [6.3](/filings/0001683168-26-003839.md) | [0.6](/filings/0001683168-26-006302.md) |
| Interest expense | $m | [0.1](/filings/0001683168-23-007925.md) | [0.1 d](/filings/0001683168-24-001564.md) | [0.1](/filings/0001683168-24-003353.md) | [0.0](/filings/0001683168-25-005922.md) | [0.0](/filings/0001683168-25-008212.md) | [0.0 d](/filings/0001683168-26-001886.md) | [0.0](/filings/0001683168-26-003839.md) | [0.0](/filings/0001683168-26-006302.md) | [0.0](/filings/0001683168-25-008212.md) | [0.0 d](/filings/0001683168-26-001886.md) | [0.1](/filings/0001683168-26-003839.md) | [0.2](/filings/0001683168-26-006302.md) |
| Income tax | $m | [1.5](/filings/0001683168-24-008025.md) | [1.7 d](/filings/0001683168-25-001592.md) | [1.1](/filings/0001683168-25-003458.md) | [1.6](/filings/0001683168-25-005922.md) | [1.4](/filings/0001683168-25-008212.md) | [0.9 d](/filings/0001683168-26-001886.md) | [1.4](/filings/0001683168-26-003839.md) | [1.7](/filings/0001683168-26-006302.md) | [1.6](/filings/0001683168-25-008212.md) | [1.2 d](/filings/0001683168-26-001886.md) | [1.6](/filings/0001683168-26-003839.md) | [0.3](/filings/0001683168-26-006302.md) |
| Net income | $m | [3.4](/filings/0001683168-24-008025.md) | [4.0 d](/filings/0001683168-25-001592.md) | [2.4](/filings/0001683168-25-008212.md) | [3.8](/filings/0001683168-25-008212.md) | [3.0](/filings/0001683168-25-008212.md) | [(0.2) d](/filings/0001683168-26-001886.md) | [3.5](/filings/0001683168-26-006302.md) | [4.2](/filings/0001683168-26-006302.md) | [3.5](/filings/0001683168-25-008212.md) | [2.5 d](/filings/0001683168-26-001886.md) | [4.7](/filings/0001683168-26-006302.md) | [0.1](/filings/0001683168-26-006302.md) |
| Diluted EPS | $ per share | [0.23](/filings/0001683168-24-008025.md) | not reported | [0.16](/filings/0001683168-25-003458.md) | [0.25](/filings/0001683168-25-005922.md) | [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) |
| Basic EPS | $ per share | [0.23](/filings/0001683168-24-008025.md) | not reported | [0.17](/filings/0001683168-25-003458.md) | [0.26](/filings/0001683168-25-005922.md) | [0.20](/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 | [0.31](/filings/0001683168-26-003839.md) | [0.01](/filings/0001683168-26-006302.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- 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 | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [12.6](/filings/0001683168-23-007925.md) | [13.2](/filings/0001683168-25-001592.md) | [12.0](/filings/0001683168-24-003353.md) | [14.6](/filings/0001683168-24-005522.md) | [20.6](/filings/0001683168-24-008025.md) | [16.7](/filings/0001683168-26-001886.md) | [19.4](/filings/0001683168-25-003458.md) | [21.2](/filings/0001683168-25-005922.md) | [23.0](/filings/0001683168-25-008212.md) | [5.6](/filings/0001683168-26-006302.md) | [5.6](/filings/0001683168-26-003839.md) | [7.1](/filings/0001683168-26-006302.md) |
| Current assets | $m | [36.9](/filings/0001683168-23-007925.md) | [38.2](/filings/0001683168-25-001592.md) | [37.6](/filings/0001683168-24-003353.md) | [39.3](/filings/0001683168-24-005522.md) | [44.8](/filings/0001683168-24-008025.md) | [43.6](/filings/0001683168-26-001886.md) | [47.4](/filings/0001683168-25-003458.md) | [49.3](/filings/0001683168-25-005922.md) | [53.8](/filings/0001683168-25-008212.md) | [37.1](/filings/0001683168-26-006302.md) | [42.7](/filings/0001683168-26-003839.md) | [47.2](/filings/0001683168-26-006302.md) |
| Total assets | $m | [80.1](/filings/0001683168-23-007925.md) | [81.7](/filings/0001683168-25-001592.md) | [82.8](/filings/0001683168-24-003353.md) | [84.9](/filings/0001683168-24-005522.md) | [91.3](/filings/0001683168-24-008025.md) | [90.5](/filings/0001683168-26-001886.md) | [93.7](/filings/0001683168-25-003458.md) | [98.3](/filings/0001683168-25-005922.md) | [110](/filings/0001683168-25-008212.md) | [106](/filings/0001683168-26-006302.md) | [121](/filings/0001683168-26-003839.md) | [132](/filings/0001683168-26-006302.md) |
| Current liabilities | $m | [16.4](/filings/0001683168-23-007925.md) | [16.6](/filings/0001683168-25-001592.md) | [14.9](/filings/0001683168-24-003353.md) | [13.9](/filings/0001683168-24-005522.md) | [16.7](/filings/0001683168-24-008025.md) | [15.5](/filings/0001683168-26-001886.md) | [16.4](/filings/0001683168-25-003458.md) | [16.3](/filings/0001683168-25-005922.md) | [23.4](/filings/0001683168-25-008212.md) | [16.6](/filings/0001683168-26-006302.md) | [20.0](/filings/0001683168-26-003839.md) | [22.5](/filings/0001683168-26-006302.md) |
| Total liabilities | $m | [24.1](/filings/0001683168-23-007925.md) | [21.2](/filings/0001683168-25-001592.md) | [19.2](/filings/0001683168-24-003353.md) | [16.9](/filings/0001683168-24-005522.md) | [19.8](/filings/0001683168-24-008025.md) | [18.6](/filings/0001683168-26-001886.md) | [19.5](/filings/0001683168-25-003458.md) | [19.6](/filings/0001683168-25-005922.md) | [26.8](/filings/0001683168-25-008212.md) | [19.8](/filings/0001683168-26-006302.md) | [30.2](/filings/0001683168-26-003839.md) | [47.8](/filings/0001683168-26-006302.md) |
| Long-term debt | $m | [3.0](/filings/0001683168-23-007925.md) | [2.8](/filings/0001683168-24-001564.md) | [2.5](/filings/0001683168-24-003353.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | 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 |
| Shareholders' equity | $m | [56.0](/filings/0001683168-24-008025.md) | [60.4](/filings/0001683168-26-001886.md) | [63.5](/filings/0001683168-25-008212.md) | [68.0](/filings/0001683168-25-008212.md) | [71.5](/filings/0001683168-25-008212.md) | [71.9](/filings/0001683168-26-006302.md) | [74.2](/filings/0001683168-26-006302.md) | [78.7](/filings/0001683168-26-006302.md) | [82.8](/filings/0001683168-25-008212.md) | [85.8](/filings/0001683168-26-006302.md) | [90.3](/filings/0001683168-26-006302.md) | [84.6](/filings/0001683168-26-006302.md) |

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

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [6.7 d](/filings/0001683168-24-008025.md) | [4.8 d](/filings/0001683168-25-001592.md) | [1.5](/filings/0001683168-25-003458.md) | [6.5 d](/filings/0001683168-25-005922.md) | [7.5 d](/filings/0001683168-25-008212.md) | [(2.6) d](/filings/0001683168-26-001886.md) | [(0.2)](/filings/0001683168-26-003839.md) | [3.9 d](/filings/0001683168-26-006302.md) | [6.9 d](/filings/0001683168-25-008212.md) | [0.3 d](/filings/0001683168-26-001886.md) | [4.4](/filings/0001683168-26-003839.md) | [(0.3) d](/filings/0001683168-26-006302.md) |
| Capital expenditure | $m | [1.2 d](/filings/0001683168-24-008025.md) | [1.2 d](/filings/0001683168-25-001592.md) | [2.5](/filings/0001683168-25-003458.md) | [1.4 d](/filings/0001683168-25-005922.md) | [1.5 d](/filings/0001683168-25-008212.md) | [1.3 d](/filings/0001683168-26-001886.md) | [2.2](/filings/0001683168-26-003839.md) | [2.3 d](/filings/0001683168-26-006302.md) | [1.3](/filings/0001683168-25-008212.md) | [17.7 d](/filings/0001683168-26-001886.md) | [11.0](/filings/0001683168-26-003839.md) | [8.5 d](/filings/0001683168-26-006302.md) |
| Dividends paid | $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 |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [4.9](/filings/0001683168-26-006302.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment, us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: not reported
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [15.8](/filings/0001683168-23-007925.md) | [15.0](/filings/0001683168-24-003353.md) | [15.1](/filings/0001683168-24-005522.md) | [15.1](/filings/0001683168-24-008025.md) | [15.2](/filings/0001683168-25-003458.md) | [15.2](/filings/0001683168-25-005922.md) | [15.3](/filings/0001683168-25-008212.md) | [15.3](/filings/0001683168-26-003839.md) | [15.4](/filings/0001683168-26-006302.md) | [15.4](/filings/0001683168-25-008212.md) | [15.6](/filings/0001683168-26-003839.md) | [15.3](/filings/0001683168-26-006302.md) |

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

Shares outstanding: 15,106,747 at 2026-08-07, from the cover of the [10-Q filed 2026-08-13](/filings/0001683168-26-006302.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:25 ET. No prices; not investment advice.