FY2025 · ended Dec 31, 2025 · Revenue $212.50M, +13.7% YoY · Filed Mar 17, 2026
Lifeway Foods, Inc. (LWAY) files with the SEC under industry code 2020, Dairy Products. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $212.5 million and net income of $13.9 million. Free cash flow was -$16.4 million. As of Jun 30, 2026 it held $7.1 million in cash and investments and $521,000 in total debt.
Revenue (TTM)
$242.41M
+25.6% vs year-ago TTM
Net income (TTM)
$10.87M
+2.5% vs year-ago TTM
Operating cash flow (TTM)
$11.22M
+30.0% vs year-ago TTM
Free cash flow (TTM)
$-6.62M
-603.3% vs year-ago TTM
EPS (TTM)
$0.70
+0.5% vs year-ago TTM
Dividend per share
$0.07
Shares outstanding
15.15M
-0.4% vs prior year
Net cash
$6.57M
as of Jun 30, 2026
Operating margin
6.5%
FY 2026
Company profile
- Industry
- Dairy Products (SIC 2020)
- Listed as
- LWAY (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- IL
- Headquarters
- Morton Grove, IL
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 814586
- Former names
- LIFEWAY FOODS INC (until Aug 15, 2018)
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $212.5M | $186.8M | $160.1M | $141.6M | $119.1M |
| Operating income | $16.2M | $13.9M | $17.0M | $2.3M | $5.9M |
| Net income | $13.9M | $9.0M | $11.4M | $924,000 | $3.3M |
| Diluted EPS | $0.89 | $0.60 | $0.75 | $0.06 | $0.21 |
| Operating cash flow | $10.9M | $13.0M | $16.9M | $4.0M | $5.6M |
| Free cash flow | -$16.4M | $6.3M | $12.6M | $538,000 | $3.6M |
| Total assets | $105.6M | $90.5M | $81.7M | $69.0M | $70.9M |
| Total liabilities | $19.8M | $18.6M | $21.2M | $21.4M | $21.7M |
| Stockholders' equity | $85.8M | $71.9M | $60.4M | $47.6M | $49.1M |
| Cash and investments | $5.6M | $16.7M | $13.2M | $4.4M | $9.2M |
| Total debt | $466,000 | $117,000 | $2.9M | $3.9M | $4.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 13, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Jul 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Shareholder vote results, Regulation FD disclosure
|
Jun 18, 2026 | Jun 17, 2026 |
| 8-K |
Current report
Agreement ended, Change to shareholder rights
|
Jun 5, 2026 | Jun 5, 2026 |
| 8-K |
Current report
Other events
|
Jun 3, 2026 | Jun 3, 2026 |
All 1001 Lifeway Foods, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.