Lifeway Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	204.07	186.82	160.12	141.57	119.07	102.03	Upgrade
Revenue Growth (YoY)	12.14%	16.67%	13.11%	18.90%	16.70%	8.93%	Upgrade
Cost of Revenue	146.02	135.4	115.06	112.35	87.6	72.01	Upgrade
Gross Profit	58.05	51.42	45.06	29.22	31.46	30.02	Upgrade
Selling, General & Admin	41.08	34.18	24.91	23.9	22.71	21.86	Upgrade
Amortization of Goodwill & Intangibles	0.54	0.54	0.54	0.54	0.12	0.15	Upgrade
Operating Expenses	44.93	37.57	28.07	26.87	25.58	25.1	Upgrade
Operating Income	13.12	13.85	17	2.35	5.88	4.92	Upgrade
Interest Expense	-0.06	-0.11	-0.38	-0.27	-0.12	-0.12	Upgrade
Other Non Operating Income (Expenses)	0.31	0.23	0	-	-0.06	0.05	Upgrade
EBT Excluding Unusual Items	13.37	13.98	16.62	2.08	5.7	4.85	Upgrade
Gain (Loss) on Sale of Investments	3.39	-	-	-	0	0	Upgrade
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.03	-0.24	-0.09	-0.03	Upgrade
Pretax Income	16.75	13.97	16.65	1.84	5.62	4.83	Upgrade
Income Tax Expense	5.59	4.94	5.28	0.92	2.31	1.6	Upgrade
Net Income	11.16	9.03	11.37	0.92	3.31	3.23	Upgrade
Net Income to Common	11.16	9.03	11.37	0.92	3.31	3.23	Upgrade
Net Income Growth	-15.17%	-20.60%	1130.19%	-72.09%	2.44%	613.47%	Upgrade
Shares Outstanding (Basic)	15	15	15	15	16	16	Upgrade
Shares Outstanding (Diluted)	15	15	15	16	16	16	Upgrade
Shares Change (YoY)	-0.62%	-0.97%	-3.91%	-0.35%	0.04%	-0.24%	Upgrade
EPS (Basic)	0.74	0.61	0.78	0.06	0.21	0.21	Upgrade
EPS (Diluted)	0.74	0.60	0.75	0.06	0.21	0.21	Upgrade
EPS Growth	-14.05%	-20.00%	1150.00%	-71.43%	1.34%	620.39%	Upgrade
Free Cash Flow	-2.83	6.27	12.59	0.54	3.64	4.49	Upgrade
Free Cash Flow Per Share	-0.19	0.42	0.83	0.03	0.23	0.28	Upgrade
Gross Margin	28.45%	27.52%	28.14%	20.64%	26.42%	29.42%	Upgrade
Operating Margin	6.43%	7.41%	10.61%	1.66%	4.94%	4.83%	Upgrade
Profit Margin	5.47%	4.83%	7.10%	0.65%	2.78%	3.17%	Upgrade
Free Cash Flow Margin	-1.38%	3.35%	7.86%	0.38%	3.06%	4.40%	Upgrade
EBITDA	16.97	17.24	20.16	5.32	8.75	8.16	Upgrade
EBITDA Margin	8.32%	9.23%	12.59%	3.76%	7.35%	8.00%	Upgrade
D&A For EBITDA	3.85	3.39	3.16	2.97	2.87	3.24	Upgrade
EBIT	13.12	13.85	17	2.35	5.88	4.92	Upgrade
EBIT Margin	6.43%	7.41%	10.61%	1.66%	4.94%	4.83%	Upgrade
Effective Tax Rate	33.37%	35.39%	31.73%	49.81%	41.04%	33.06%	Upgrade
Advertising Expenses	-	5.45	3.73	3.35	3.27	2.41	Upgrade

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q