Lifeway Foods Q2 sales hit record $66.9M, but net income falls to $0.1M
Lifeway Foods reported second-quarter 2026 net sales of $66.9 million, up 24.1% from a year earlier and its highest quarterly total on record. Net income fell to $0.1 million, or $0.01 per diluted share, from $4.3 million, or $0.28 per share, as gross profit margin dropped to 19.5% from 28.6% on higher milk, packaging and transportation costs. Management said it expects gross margin and profitability to fully recover in 2027, but the filing gives no numeric forecast.
Key points
- Net sales rose 24.1% year-over-year to $66.9 million, $3.9 million above the prior quarterly record.
- Net income was $0.1 million, or $0.01 per diluted share, versus $4.3 million, or $0.28 per diluted share, a year earlier.
- Gross profit margin fell to 19.5% from 28.6%, which the company attributes mainly to elevated milk prices.
- Management expects gross margin and profitability to fully recover in 2027.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.