Lifeway Foods, Inc. logo

Lifeway Foods, Inc.

LWAY

NASDAQConsumer DefensivePackaged Foods

Previous close

$25.93

+$0.02 · +0.08%

Aug 21, 4:00 PM ET

LWAY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

44

Fair Value

Momentum

75

Gaining

Sentiment

61

Bullish

Risk resilience

66

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Lifeway Foods, Inc. manufactures and distributes a variety of probiotic-rich goods, serving both the United States and international markets. Its principal offering is drinkable kefir, a fermented dairy item available in numerous forms, including organic and conventional options, various volumes, flavors, and formulations such as reduced-fat, fat-free, whole milk, high-protein, and BioKefir. Additionally, the company supplies European-style soft cheeses, cream, and other dairy selections. Their product portfolio also features ProBugs, a dedicated kefir line for children; single-serving cupped kefirs; Icelandic Skyr, which includes strained kefir and yogurt products; and frozen kefir in both soft-serve and pre-packaged pint formats. These products are sold under their proprietary Lifeway and Fresh Made brand names, and also as private label merchandise for other customers. Sales are primarily conducted via their internal sales personnel, alongside the use of brokers and third-party distributors. The company was founded in 1986 and maintains its headquarters in Morton Grove, Illinois.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
US
CEO
Julie Smolyansky
Listed since
Dec 29, 1988
Employees
293

Market position

Day range

Current $25.93

52-week range

Current $25.93

Open
$25.98
Previous close
$25.91
Volume
124.28K
0.75× average
Average volume
166.1K
Average daily volume
Market cap
396.26M USD
Beta
0.46
Market reference 1
50-day average
$28.9978
-10.58% below average
200-day average
$24.5651
+5.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
363.19M USD
EV / EBITDA
15.3×
Earnings yield
3.76%
Free cash flow yield
-4.46%

Profitability & efficiency

Return on equity
16.15%
Return on assets
13.12%
Return on invested capital
12.78%

Financial health

Current ratio
2.23×
Altman Z-score
8.4
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%19%9%-2%Gross margin, FY2021: 24.11%Gross margin, FY2022: 18.92%Gross margin, FY2023: 26.51%Gross margin, FY2024: 26.00%Gross margin, FY2025: 27.39%Operating margin, FY2021: 4.94%Operating margin, FY2022: 1.66%Operating margin, FY2023: 10.61%Operating margin, FY2024: 7.41%Operating margin, FY2025: 7.61%Net margin, FY2021: 2.78%Net margin, FY2022: 0.65%Net margin, FY2023: 7.10%Net margin, FY2024: 4.83%Net margin, FY2025: 6.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.11%. Gross margin FY2022 18.92%. Gross margin FY2023 26.51%. Gross margin FY2024 26.00%. Gross margin FY2025 27.39%. Operating margin FY2021 4.94%. Operating margin FY2022 1.66%. Operating margin FY2023 10.61%. Operating margin FY2024 7.41%. Operating margin FY2025 7.61%. Net margin FY2021 2.78%. Net margin FY2022 0.65%. Net margin FY2023 7.10%. Net margin FY2024 4.83%. Net margin FY2025 6.52%.

Income trends

Revenue

212.5M USD+13.74%

Operating income

16.17M USD+16.75%

Net income

13.86M USD+53.56%
Income trends across reported periods233.65M USD149.02M USD64.4M USD−20.23M USDRevenue, FY2021: 119.07M USDRevenue, FY2022: 141.57M USDRevenue, FY2023: 160.12M USDRevenue, FY2024: 186.82M USDRevenue, FY2025: 212.5M USDOperating income, FY2021: 5.88M USDOperating income, FY2022: 2.35M USDOperating income, FY2023: 17M USDOperating income, FY2024: 13.85M USDOperating income, FY2025: 16.17M USDNet income, FY2021: 3.31M USDNet income, FY2022: 924K USDNet income, FY2023: 11.37M USDNet income, FY2024: 9.03M USDNet income, FY2025: 13.86M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 119.07M USD. Revenue FY2022 141.57M USD. Revenue FY2023 160.12M USD. Revenue FY2024 186.82M USD. Revenue FY2025 212.5M USD. Operating income FY2021 5.88M USD. Operating income FY2022 2.35M USD. Operating income FY2023 17M USD. Operating income FY2024 13.85M USD. Operating income FY2025 16.17M USD. Net income FY2021 3.31M USD. Net income FY2022 924K USD. Net income FY2023 11.37M USD. Net income FY2024 9.03M USD. Net income FY2025 13.86M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue212.5M USD186.82M USD160.12M USD141.57M USD119.07M USD
Cost of goods sold154.29M USD138.25M USD117.68M USD114.78M USD90.36M USD
Gross profit58.21M USD48.57M USD42.44M USD26.79M USD28.71M USD
Selling, general, and administrative41.49M USD34.18M USD24.91M USD23.9M USD22.71M USD
Operating expenses42.03M USD34.72M USD25.45M USD24.44M USD22.83M USD
Interest expense77K USD105K USD384K USD267K USD116K USD
Depreciation and amortization3.98M USD3.39M USD3.16M USD2.97M USD2.87M USD
Operating income16.17M USD13.85M USD17M USD2.35M USD5.88M USD
Net income13.86M USD9.03M USD11.37M USD924K USD3.31M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 6 misses, 1 met estimate
Average EPS surprise
-18.29%
11 comparable reports
Latest EPS result
0.01
Estimate 0.27 · Miss by 96.23%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.340.210.08-0.05Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MetQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 14, 2025: actual -0.01, estimate 0.21, surprise -104.76%, Miss. Q2 2025, reported May 13, 2025: actual 0.23, estimate 0.19, surprise +21.05%, Beat. Q3 2025, reported Aug 12, 2025: actual 0.28, estimate 0.18, surprise +55.56%, Beat. Q4 2025, reported Nov 12, 2025: actual 0.23, estimate 0.28, surprise -17.86%, Miss. Q1 2026, reported Mar 17, 2026: actual 0.16, estimate 0.29, surprise -44.83%, Miss. Q2 2026, reported May 14, 2026: actual 0.3, estimate 0.3, surprise 0.00%, Met estimate. Q3 2026, reported Aug 13, 2026: actual 0.01, estimate 0.265, surprise -96.23%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 0.065, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates69.57M60.85M52.13M43.42MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 14, 2025: actual 46.93M USD, estimate 48M USD, surprise -2.22%, Miss. Q2 2025, reported May 13, 2025: actual 46.09M USD, estimate 54M USD, surprise -14.65%, Miss. Q3 2025, reported Aug 12, 2025: actual 53.9M USD, estimate 55M USD, surprise -2.00%, Miss. Q4 2025, reported Nov 12, 2025: actual 57.14M USD, estimate 55M USD, surprise +3.90%, Beat. Q1 2026, reported Mar 17, 2026: actual 55.36M USD, estimate 55M USD, surprise +0.66%, Beat. Q2 2026, reported May 14, 2026: actual 63.01M USD, estimate 60.8M USD, surprise +3.64%, Beat. Q3 2026, reported Aug 13, 2026: actual 66.89M USD, estimate 61.4M USD, surprise +8.95%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 66.83M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

7 ratings
Strong buy00%
Buy571%
Hold229%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Stock split

Effective Aug 16, 2006

2:1

Stock split

Effective Mar 9, 2004

2:1

LWAY peers

ETFs holding LWAY

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research LWAY

research.disclaimer