Quarterly ResultAug 13, 2026, 09:06 AM

Lifeway Foods Q2 Net Sales Up 24.1% to $66.9M; Net Income Down 97%

AI Summary

Lifeway Foods reported a significant increase in net sales for the second quarter and first half of 2026, with Q2 net sales rising 24.1% to $66.9 million and H1 net sales up 29.9% to $129.9 million. However, net income for Q2 plummeted 97% to $0.1 million, and H1 net income decreased 38.4% to $4.8 million, primarily due to higher cost of goods sold, increased selling expenses, and interest expense. The company also increased its debt with $22 million outstanding on its revolving credit facility and repurchased $4.9 million in treasury stock, while investing heavily in property and equipment.

Key Highlights

Q2 2026 net sales increased 24.1% to $66.9 million from $53.9 million in Q2 2025.
Q2 2026 net income decreased 97% to $0.1 million from $4.2 million in Q2 2025.
Basic EPS for Q2 2026 was $0.01, down from $0.28 in Q2 2025.
Total assets grew 25.4% to $132.4 million at June 30, 2026, from $105.6 million at December 31, 2025.
Total liabilities increased 141.6% to $47.8 million at June 30, 2026, from $19.8 million at December 31, 2025.
$22 million was outstanding under the Revolving Credit Facility as of June 30, 2026.
The company purchased $4.9 million of treasury stock during the six months ended June 30, 2026.
Net cash provided by operating activities for H1 2026 was $4.0 million, up from $3.8 million in H1 2025.

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LWAY

Packaged Foods

Lifeway Foods, Inc.

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