Lifeway Foods, Inc. (LWAY) — Financial statements
Income statement, balance sheet, and cash flow for Lifeway Foods, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 212↑13.7% | 187↑16.7% | 160↑13.1% | 142↑18.9% | 119 | |
| Cost of Revenue | 154↑11.6% | 138↑17.5% | 118↑2.5% | 115↑27.0% | 90 | |
| Gross Profit | 58↑19.8% | 49↑14.5% | 42↑58.4% | 27↓6.7% | 29 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 22↑11.1% | 19↑48.1% | 13↑4.3% | 13↑8.5% | 12 | |
| Selling & Marketing Expenses | 20↑34.9% | 15↑25.2% | 12↑4.2% | 11↑1.9% | 11 | |
| SG&A Expenses | 41↑21.4% | 34↑37.2% | 25↑4.2% | 24↑5.2% | 23 | |
| Other Expenses | 0.54↑0.0% | 0.54↑0.0% | 0.54↑0.0% | 0.54↑342.6% | 0.12 | |
| Operating Expenses | 42↑21.1% | 35↑36.5% | 25↑4.1% | 24↑7.0% | 23 | |
| Total Costs & Expenses | 196↑13.5% | 173↑20.8% | 143↑2.8% | 139↑23.0% | 113 | |
| Operating Results | ||||||
| Operating Income | 16↑16.7% | 14↓18.5% | 17↑623.5% | 2↓60.1% | 6 | |
| Depreciation & Amortization | 4↑17.5% | 3↑7.1% | 3↑6.4% | 3↑3.4% | 3 | |
| EBITDA | 20↑15.4% | 17↓13.5% | 20↑297.5% | 5↓41.0% | 9 | |
| EBIT | 16↑14.9% | 14↓17.4% | 17↑708.0% | 2↓63.2% | 6 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.08↑26.7% | -0.11↑72.7% | -0.38↓43.8% | -0.27↓130.2% | -0.12 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.08↓26.7% | 0.11↓72.7% | 0.38↑43.8% | 0.27↑130.2% | 0.12 | |
| Non-Operating Income | 0.00↑100.0% | -0.22↓484.2% | -0.04↓115.8% | 0.24↑62.8% | 0.15 | |
| Other Income / Expenses | 4↑2903.4% | 0.12↑133.8% | -0.35↑31.9% | -0.51↓92.4% | -0.26 | |
| Income Before Tax | 20↑40.9% | 14↓16.1% | 17↑804.3% | 2↓67.2% | 6 | |
| Income Tax Expense | 6↑17.9% | 5↓6.4% | 5↑476.0% | 0.92↓60.2% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 14↑53.6% | 9↓20.6% | 11↑1130.2% | 0.92↓72.1% | 3 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 14↑53.6% | 9↓20.6% | 11↑1130.2% | 0.92↓72.1% | 3 | |
| Bottom-Line Net Income | 14↑53.6% | 9↓20.6% | 11↑1130.2% | 0.92↓72.1% | 3 | |
| EPS (Basic) | 0.91↑49.2% | 0.61↓21.8% | 0.78↑1200.0% | 0.06↓71.4% | 0.21 | |
| EPS (Diluted) | 0.89↑50.8% | 0.59↓21.3% | 0.75↑1175.5% | 0.06↓72.0% | 0.21 | |
| Weighted Average Shares | 15↑2.9% | 15↑0.7% | 15↓4.7% | 15↓0.9% | 16 | |
| Weighted Average Diluted Shares | 16↑1.8% | 15↑1.1% | 15↓3.9% | 16↓0.3% | 16 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.