What is Lakeland Inds's earnings per share (EPS)?

Lakeland Inds (LAKE) reported diluted earnings per share of -$2.63 for fiscal year 2026. This represents a -8.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lakeland Inds Financials

LAKE

Trailing 12 months to April 30, 2026

Revenue $193.3M +8.8% YoY

Net Income -$21.0M +11.0% YoY

EPS (Diluted) -$2.15 +30.0% YoY

Free Cash Flow -$8.9M +61.9% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Apr 30, 2026 Reported Jun 9, 2026 Currency USD FYE January

Lakeland Inds (LAKE) reported $193.3M in revenue over the twelve months to Apr 30, 2026, up 8.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LAKE FY2026 2026-08-15

Rapid sales expansion is being absorbed by weaker margins, working-capital buildup, and external financing rather than operating cash generation.

Revenue reached $192.6M in FY2026 while gross margin fell to 32.9%. That combination, alongside operating cash flow of -$15.8M after $10.9M in FY2024, indicates growth is consuming working capital rather than funding it.

Cash fell to $12.5M by FY2026 as long-term debt reached $30.4M, a shift toward balance-sheet funding while operating losses persisted. The current ratio remained 3.5x, so near-term coverage exists; however, inventory and receivables absorb much of the current-asset base, limiting how much liquidity is immediately deployable.

FY2026 revenue was $192.6M but gross profit was $63.3M, meaning the larger sales base produced less gross profit than FY2025 despite higher volume. Gross margin compression therefore appears more consequential than the sales increase itself: the business is adding scale without recovering its prior economics. Net loss widened to -$25.3M while shares outstanding reached 9.8M, so per-share pressure reflects both weaker earnings and a larger share count.

Financial Health Signals

Financial Health Score 50/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Lakeland Inds's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Lakeland Inds has an operating margin of -8.1%, meaning the company loses $8 on every $100 of revenue. This results in a profitability score of 21/100. This is down from -5.5% the prior year.

Growth

Lakeland Inds's revenue surged 15.2% year-over-year to $192.6M, reflecting rapid business expansion. This strong growth earns a score of 85/100.

Leverage

Lakeland Inds carries a low D/E ratio of 0.24, meaning only $0.24 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 72/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.53, Lakeland Inds holds $3.53 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.

Cash Flow

Lakeland Inds's operations used $15.8M of cash, and capex of $671K added to the outflow, for a free cash flow shortfall of $16.4M. This results in a cash flow score of 19/100.

Returns

Lakeland Inds posts a -19.6% return on equity (ROE), meaning it loses $20 for every $100 of shareholders' equity. This results in a returns score of 21/100. This is down from -12.3% the prior year.

Altman Z-Score Grey Zone

2.25

Lakeland Inds scores 2.25, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

2/9

Lakeland Inds passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Lakeland Inds reported a net loss of $25.3M while operations used $15.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Lakeland Inds reported an operating loss of $15.5M against $2.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$192.6M

YoY+15.2%

5Y CAGR+3.9%

10Y CAGR+6.8%

Lakeland Inds generated $192.6M in revenue in fiscal year 2026. This represents an increase of 15.2% from the prior year.

EBITDA

-$12.7M

YoY-90.7%

Lakeland Inds's EBITDA was -$12.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 90.7% from the prior year.

Net Income

-$25.3M

YoY-40.0%

Lakeland Inds reported -$25.3M in net income in fiscal year 2026. This represents a decrease of 40.0% from the prior year.

EPS (Diluted)

-$2.63

YoY-8.2%

Lakeland Inds earned -$2.63 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 8.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$16.4M

YoY+5.7%

Lakeland Inds recorded an outflow of $16.4M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents an increase of 5.7% from the prior year.

Cash & Debt

$12.5M

YoY-28.4%

5Y CAGR-25.0%

10Y CAGR+5.9%

Lakeland Inds held $12.5M in cash against $30.4M in long-term debt as of fiscal year 2026.

Shares Outstanding

10M

YoY+3.6%

5Y CAGR+4.1%

10Y CAGR+3.1%

Lakeland Inds had 10M shares outstanding in fiscal year 2026. This represents an increase of 3.6% from the prior year.

Dividends Per Share

Not reported for fiscal year 2026.

Margins & Returns

Gross Margin

32.9%

YoY-8.2pp

5Y CAGR-17.0pp

10Y CAGR-3.6pp

Lakeland Inds's gross margin was 32.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 8.2 percentage points from the prior year.

Operating Margin

-8.1%

YoY-2.5pp

5Y CAGR-35.7pp

10Y CAGR-19.9pp

Lakeland Inds's operating margin was -8.1% in fiscal year 2026, reflecting core business profitability. This is down 2.5 percentage points from the prior year.

Net Margin

-13.1%

YoY-2.3pp

5Y CAGR-35.4pp

10Y CAGR-17.0pp

Lakeland Inds's net profit margin was -13.1% in fiscal year 2026, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.

Return on Equity

-19.6%

YoY-7.3pp

5Y CAGR-48.6pp

10Y CAGR-25.3pp

Lakeland Inds's ROE was -19.6% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 7.3 percentage points from the prior year.

Capital Allocation

Capital Expenditures

$671K

YoY-56.4%

5Y CAGR-16.6%

10Y CAGR-2.2%

Lakeland Inds invested $671K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 56.4% from the prior year.

R&D Spending

Not reported for fiscal year 2026.

Share Buybacks

Not reported for fiscal year 2026.

LAKE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LAKE quarterly income statement

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Revenue	$193.3M	$192.6M+15.2%	$167.2M+34.1%	$124.7M+10.5%	$112.8M-4.7%	$118.4M-25.5%	$159.0M+47.5%	$107.8M+8.9%	$99.0M+3.2%	$96.0M+11.4%	$86.2M-13.5%	$99.6M+6.7%	$93.4M+2.2%	$91.4M-3.9%	$95.1M-1.3%	$96.3M
Cost of Revenue	$130.8M	$129.3M+31.2%	$98.5M+34.1%	$73.5M+9.7%	$67.0M-0.7%	$67.5M-15.4%	$79.7M+14.0%	$69.9M+7.4%	$65.1M+8.9%	$59.8M+9.6%	$54.5M-13.8%	$63.3M+2.6%	$61.7M-7.3%	$66.6M-1.8%	$67.8M+0.4%	$67.5M
Gross Profit	$62.6M	$63.3M-7.8%	$68.7M+34.1%	$51.2M+11.7%	$45.8M-9.9%	$50.9M-35.8%	$79.3M+109.2%	$37.9M+11.8%	$33.9M-6.3%	$36.2M+14.4%	$31.6M-12.9%	$36.3M+14.6%	$31.7M+27.6%	$24.8M-9.1%	$27.3M-5.1%	$28.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$200K0.0%	$200K0.0%	$200K-28.6%	$280K-39.5%	$463K+180.6%	$165K+83.3%	$90K-26.8%	$123K-49.2%	$242K-43.5%	$428K
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$15.3M+14.2%	$13.4M-11.9%	$15.2M+1.0%	$15.1M
Operating Income	-$8.6M	-$15.5M-67.4%	-$9.3M-254.6%	$6.0M+8.2%	$5.5M-65.5%	$16.0M-63.4%	$43.9M+646.9%	$5.9M+64.8%	$3.6M-57.9%	$8.5M+23.8%	$6.8M-42.0%	$11.8M+69.7%	$7.0M+2038.9%	-$359K+65.2%	-$1.0M-159.1%	$1.7M
Interest Expense	$2.2M	$2.1M+30.1%	$1.6M+3073.1%	$52K+40.5%	$37K+146.7%	$15K-34.8%	$23K-80.2%	$116K-7.2%	$125K-23.3%	$163K-73.7%	$620K-21.0%	$785K-53.5%	$1.7M-22.8%	$2.2M+139.4%	$913K+34.5%	$679K
Income Tax	$10.2M	$7.6M+2808.9%	-$281K-107.2%	$3.9M+9.2%	$3.6M-24.7%	$4.8M-44.3%	$8.6M+247.2%	$2.5M+22.3%	$2.0M-74.4%	$7.9M+232.1%	$2.4M-23.6%	$3.1M+138.1%	-$8.2M-187.2%	-$2.9M-156.6%	$5.0M+2080.1%	-$254K
Net Income	-$21.0M	-$25.3M-40.0%	-$18.1M-433.2%	$5.4M+189.6%	$1.9M-83.5%	$11.4M-67.8%	$35.3M+976.8%	$3.3M+124.9%	$1.5M+231.6%	$440K-88.7%	$3.9M+1.0%	$3.9M-54.1%	$8.4M+7128.4%	-$120K+99.5%	-$26.3M-6876.4%	-$377K
EPS (Diluted)	-$2.15	-$2.63-8.2%	-$2.43-437.5%	$0.72+200.0%	$0.24-83.0%	$1.41-67.5%	$4.34+958.5%	$0.41+127.8%	$0.18+200.0%	$0.06-88.7%	$0.530.0%	$0.53-60.2%	$1.33+6750.0%	-$0.02+99.6%	-$4.97-7000.0%	-$0.07

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Revenue	$47.4M+3.5%	$45.8M-3.7%	$47.6M-9.4%	$52.5M+12.3%	$46.7M+0.3%	$46.6M+1.9%	$45.8M+18.8%	$38.5M
Cost of Revenue	$32.5M+4.6%	$31.1M-7.1%	$33.5M-0.7%	$33.7M+8.3%	$31.1M+11.3%	$27.9M+2.7%	$27.2M+16.9%	$23.3M
Gross Profit	$14.9M+1.0%	$14.7M+4.2%	$14.1M-24.9%	$18.8M+20.3%	$15.6M-16.3%	$18.7M+0.7%	$18.6M+21.8%	$15.2M
Operating Income	$2.3M+143.9%	-$5.2M-221.5%	-$1.6M+59.9%	-$4.0M+12.8%	-$4.6M+56.6%	-$10.7M-1423.8%	$807K+150.7%	-$1.6M
Interest Expense	$614K-0.5%	$617K+22.9%	$502K+12.8%	$445K-23.7%	$583K-5.7%	$618K+26.1%	$490K+32.4%	$370K
Income Tax	$1.3M+277.8%	$356K-97.4%	$13.7M+362.1%	-$5.2M-335.3%	-$1.2M-202.5%	-$396K-369.4%	$147K+135.0%	-$420K
Net Income	$369K+105.9%	-$6.2M+61.1%	-$16.0M-2182.9%	$766K+119.6%	-$3.9M+78.8%	-$18.4M-21539.5%	$86K+106.3%	-$1.4M
EPS (Diluted)	$0.04+106.3%	-$0.63+61.6%	-$1.64-2150.0%	$0.08+119.5%	-$0.41+83.5%	-$2.48-24900.0%	$0.01+105.3%	-$0.19

Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.

LAKE Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LAKE quarterly balance sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Total Assets	$209.9M-1.2%	$212.5M+38.2%	$153.7M+7.6%	$142.9M+1.5%	$140.8M+0.9%	$139.6M+40.4%	$99.4M+4.9%	$94.7M+0.2%	$94.5M+11.8%	$84.6M-4.2%	$88.3M-5.3%	$93.2M+15.8%	$80.5M-3.4%	$83.3M-18.6%	$102.4M
Current Assets	$134.2M-1.7%	$136.5M+34.5%	$101.5M-3.9%	$105.6M-12.5%	$120.6M-2.2%	$123.3M+54.5%	$79.8M+5.7%	$75.5M-1.3%	$76.5M+27.3%	$60.1M-3.3%	$62.1M-9.5%	$68.6M+4.8%	$65.5M+2.5%	$63.9M-13.3%	$73.7M
Cash & Equivalents	$12.5M-28.4%	$17.5M-30.7%	$25.2M+2.4%	$24.6M-53.3%	$52.7M+0.2%	$52.6M+260.1%	$14.6M+13.8%	$12.8M-18.7%	$15.8M+52.3%	$10.4M+47.6%	$7.0M+4.7%	$6.7M+47.3%	$4.6M-32.4%	$6.7M+18.0%	$5.7M
Inventory	$82.5M-0.2%	$82.7M+61.4%	$51.3M-11.9%	$58.2M+21.9%	$47.7M+9.5%	$43.6M-1.5%	$44.2M+4.4%	$42.4M-1.3%	$42.9M+20.8%	$35.5M-13.0%	$40.8M+10.1%	$37.1M-6.9%	$39.8M+1.5%	$39.3M-14.0%	$45.7M
Accounts Receivable	$32.0M+16.1%	$27.6M+43.8%	$19.2M+11.0%	$17.3M+17.1%	$14.8M-31.9%	$21.7M+22.6%	$17.7M+7.4%	$16.5M+16.7%	$14.1M+31.9%	$10.7M-6.7%	$11.5M-13.6%	$13.3M-3.8%	$13.8M+0.1%	$13.8M+9.6%	$12.6M
Goodwill	$15.3M-5.9%	$16.2M+18.8%	$13.7M+61.3%	$8.5M+872.8%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K0.0%	$871K-85.8%	$6.1M
Total Liabilities	$80.8M+22.6%	$65.9M+117.6%	$30.3M+32.0%	$22.9M+46.2%	$15.7M-11.8%	$17.8M+24.0%	$14.4M+24.9%	$11.5M-1.7%	$11.7M-10.4%	$13.0M-37.1%	$20.7M-30.7%	$30.0M-16.8%	$36.0M-3.5%	$37.3M+28.1%	$29.1M
Current Liabilities	$38.0M+8.8%	$34.9M+90.3%	$18.3M-1.3%	$18.6M+54.8%	$12.0M-25.8%	$16.2M+25.1%	$12.9M+25.2%	$10.3M-0.4%	$10.4M-15.8%	$12.3M-38.2%	$20.0M-23.9%	$26.2M-2.3%	$26.8M-3.8%	$27.9M+195.2%	$9.5M
Long-Term Debt	$30.4M+85.0%	$16.4M	N/A	N/A	N/A	N/A	$0-100.0%	$1.2M-11.5%	$1.3M+83.2%	$716K+3.6%	$691K-92.9%	$9.8M-50.1%	$19.6M+8.6%	$18.1M	N/A
Total Equity	$129.1M-11.9%	$146.6M+18.8%	$123.5M+2.9%	$120.0M-4.1%	$125.1M+2.8%	$121.8M+43.1%	$85.1M+2.2%	$83.2M+0.5%	$82.8M+15.8%	$71.5M+5.9%	$67.5M+6.7%	$63.3M+42.2%	$44.5M+3.7%	$42.9M-41.5%	$73.3M
Retained Earnings	$23.9M-52.6%	$50.3M-27.4%	$69.3M+7.0%	$64.8M+3.0%	$62.9M+22.1%	$51.5M+193.0%	$17.6M+22.9%	$14.3M+11.4%	$12.8M+3.5%	$12.4M+45.8%	$8.5M+82.8%	$4.7M+224.3%	-$3.7M-692.6%	-$472K-101.8%	$25.8M

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Total Assets	$212.3M+1.1%	$209.9M-4.9%	$220.7M-2.5%	$226.3M+3.7%	$218.1M+2.6%	$212.5M+5.6%	$201.2M+1.4%	$198.4M
Current Assets	$137.2M+2.2%	$134.2M-6.4%	$143.3M-2.5%	$147.1M+4.5%	$140.7M+3.1%	$136.5M+9.0%	$125.3M-2.5%	$128.5M
Cash & Equivalents	$17.4M+39.2%	$12.5M-27.2%	$17.2M-3.1%	$17.7M-4.7%	$18.6M+6.5%	$17.5M+10.3%	$15.8M-36.3%	$24.9M
Inventory	$77.7M-5.8%	$82.5M-6.1%	$87.9M-2.6%	$90.2M+5.1%	$85.8M+3.7%	$82.7M+13.8%	$72.7M+7.1%	$67.9M
Accounts Receivable	$31.5M-1.8%	$32.0M+5.8%	$30.3M-2.1%	$30.9M+12.0%	$27.6M+0.1%	$27.6M+3.9%	$26.6M+15.8%	$22.9M
Goodwill	$15.2M-0.5%	$15.3M-13.1%	$17.6M+16.9%	$15.0M-11.9%	$17.1M+5.2%	$16.2M-27.5%	$22.4M+10.3%	$20.3M
Total Liabilities	$81.8M+1.2%	$80.8M-6.3%	$86.2M+9.1%	$79.0M+5.7%	$74.7M+13.4%	$65.9M-13.9%	$76.5M+3.8%	$73.7M
Current Liabilities	$44.4M+17.0%	$38.0M+1.4%	$37.5M-6.9%	$40.2M+10.9%	$36.3M+3.9%	$34.9M+17.8%	$29.6M-2.3%	$30.3M
Long-Term Debt	$25.8M-15.2%	$30.4M	N/A	N/A	N/A	$16.4M	N/A	$2.9M
Total Equity	$130.5M+1.1%	$129.1M-4.0%	$134.5M-8.7%	$147.3M+2.7%	$143.4M-2.2%	$146.6M+17.6%	$124.7M0.0%	$124.7M
Retained Earnings	$24.2M+1.5%	$23.9M-21.4%	$30.4M-34.9%	$46.6M+1.0%	$46.1M-8.3%	$50.3M-27.1%	$69.0M-0.2%	$69.1M

LAKE Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

LAKE quarterly cash flow statement

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Operating Cash Flow	-$5.1M	-$15.8M+0.8%	-$15.9M-245.5%	$10.9M+300.2%	-$5.5M-142.6%	$12.8M-68.6%	$40.7M+1032.8%	$3.6M+101.1%	$1.8M+175.5%	$648K-94.4%	$11.5M+2318.7%	-$518K-115.6%	$3.3M+185.8%	-$3.9M-379.8%	$1.4M+31214.0%	-$4K
Capital Expenditures	$853K	$671K-56.4%	$1.5M-25.6%	$2.1M+4.2%	$2.0M+147.8%	$801K-51.8%	$1.7M+60.9%	$1.0M-66.7%	$3.1M+242.9%	$905K+119.1%	$413K-50.8%	$840K-10.4%	$938K+13.2%	$829K-40.1%	$1.4M-71.6%	$4.9M
Free Cash Flow	-$8.9M	-$16.4M+5.7%	-$17.4M-297.0%	$8.8M+218.9%	-$7.4M-162.0%	$12.0M-69.3%	$39.0M+1425.4%	$2.6M+294.0%	-$1.3M-412.8%	-$257K-102.3%	$11.1M+915.9%	-$1.4M-156.8%	$2.4M+150.8%	-$4.7M-166305.6%	$3K+100.1%	-$4.9M
Investing Cash Flow	$3.7M	-$1.2M+97.5%	-$47.7M-833.2%	-$5.1M+65.4%	-$14.8M-312.1%	-$3.6M-115.6%	-$1.7M-60.9%	-$1.0M+66.7%	-$3.1M-242.9%	-$905K-119.1%	-$413K+84.6%	-$2.7M-195.7%	-$905K-765.8%	-$104K+82.1%	-$585K+88.0%	-$4.9M
Financing Cash Flow	-$1.2M	$12.5M-77.9%	$56.6M+1739.3%	-$3.5M+41.3%	-$5.9M+40.1%	-$9.8M-667.8%	-$1.3M-85.6%	-$688K+55.6%	-$1.6M-127.8%	$5.6M+172.8%	-$7.7M-306.8%	$3.7M+3293.2%	-$116K-106.2%	$1.9M+6274.3%	-$30K-100.7%	$4.6M
Dividends Paid	$867K	$1.2M+29.9%	$887K-2.3%	$908K-92.7%	$12.5M	N/A	N/A	N/A	N/A	$5.0M	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$333K-93.9%	$5.4M-40.8%	$9.2M	$0-100.0%	$506K-56.6%	$1.2M	$0	N/A	N/A	N/A	N/A	$0-100.0%	$339K

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Operating Cash Flow	$5.8M+215.3%	$1.8M+123.2%	-$7.9M-64.6%	-$4.8M+0.5%	-$4.8M-42.9%	-$3.4M+59.9%	-$8.4M-94.2%	-$4.3M
Capital Expenditures	$1.4M+1131.0%	-$113K-91.6%	-$1.3M+46.1%	$921K-23.8%	$1.2M+2098.2%	$55K-91.4%	$643K+71.0%	$376K
Free Cash Flow	$4.4M+155.4%	$1.7M+118.6%	-$9.3M-61.6%	-$5.7M+5.1%	-$6.0M-75.8%	-$3.4M+62.1%	-$9.1M-92.4%	-$4.7M
Investing Cash Flow	$3.7M+3152.2%	$113K-86.4%	$833K+190.4%	-$921K+23.8%	-$1.2M+94.6%	-$22.4M-2238.4%	-$956K+93.7%	-$15.2M
Financing Cash Flow	-$5.2M+12.0%	-$5.9M-179.0%	$7.5M+206.2%	$2.4M-71.4%	$8.5M-70.0%	$28.3M+2255.5%	$1.2M-92.2%	$15.5M
Dividends Paid	$0-100.0%	$294K+2.4%	$287K+0.3%	$286K+0.4%	$285K+27.8%	$223K+0.5%	$222K+0.5%	$221K

Not reported in any period shown, so not listed: Share Buybacks.

LAKE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

LAKE quarterly financial ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Gross Margin	32.9%-8.2pp	41.1%0.0pp	41.1%+0.4pp	40.6%-2.4pp	43.0%-6.9pp	49.9%+14.7pp	35.1%+0.9pp	34.2%-3.5pp	37.7%+1.0pp	36.7%+0.3pp	36.5%+2.5pp	33.9%+6.8pp	27.2%-1.6pp	28.7%-1.2pp	29.9%
Operating Margin	-8.1%-2.5pp	-5.5%-10.3pp	4.8%-0.1pp	4.9%-8.6pp	13.6%-14.1pp	27.6%+22.2pp	5.5%+1.9pp	3.6%-5.2pp	8.8%+0.9pp	7.9%-3.9pp	11.8%+4.4pp	7.4%+7.8pp	-0.4%+0.7pp	-1.1%-2.9pp	1.8%
Net Margin	-13.1%-2.3pp	-10.8%-15.2pp	4.3%+2.7pp	1.7%-8.0pp	9.6%-12.6pp	22.2%+19.2pp	3.0%+1.6pp	1.5%+1.0pp	0.5%-4.1pp	4.5%+0.6pp	3.9%-5.1pp	9.0%+9.1pp	-0.1%+27.5pp	-27.6%-27.2pp	-0.4%
Return on Equity	-19.6%-7.3pp	-12.3%-16.7pp	4.4%+2.8pp	1.6%-7.5pp	9.1%-19.9pp	29.0%+25.2pp	3.9%+2.1pp	1.8%+1.2pp	0.5%-4.9pp	5.4%-0.3pp	5.7%-7.6pp	13.3%+13.6pp	-0.3%+61.0pp	-61.3%-60.8pp	-0.5%
Return on Assets	-12.1%-3.6pp	-8.5%-12.0pp	3.5%+2.2pp	1.3%-6.8pp	8.1%-17.2pp	25.3%+22.0pp	3.3%+1.8pp	1.5%+1.1pp	0.5%-4.1pp	4.6%+0.2pp	4.4%-4.6pp	9.0%+9.2pp	-0.1%+31.4pp	-31.6%-31.2pp	-0.4%
Current Ratio	3.53-0.4x	3.91-1.6x	5.53-0.1x	5.68-4.4x	10.04+2.4x	7.62+1.5x	6.17-1.1x	7.30-0.1x	7.37+2.5x	4.87+1.8x	3.11+0.5x	2.62+0.2x	2.44+0.2x	2.29-5.5x	7.80
Debt-to-Equity	0.24+0.1x	0.11-0.1x	0.25+0.1x	0.19+0.1x	0.130.0x	0.15+0.1x	0.000.0x	0.010.0x	0.020.0x	0.010.0x	0.01-0.1x	0.15-0.3x	0.440.0x	0.420.0x	0.40
FCF Margin	-8.5%+1.9pp	-10.4%-17.5pp	7.1%+13.7pp	-6.6%-16.7pp	10.1%-14.4pp	24.5%+22.2pp	2.4%+3.7pp	-1.3%-1.1pp	-0.3%-13.1pp	12.9%+14.2pp	-1.4%-3.9pp	2.6%+7.7pp	-5.1%-5.1pp	0.0%+5.1pp	-5.1%

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Gross Margin	31.4%-0.8pp	32.1%+2.5pp	29.7%-6.2pp	35.9%+2.4pp	33.5%-6.6pp	40.1%-0.5pp	40.6%+1.0pp	39.6%
Operating Margin	4.8%+16.2pp	-11.4%-8.0pp	-3.4%+4.3pp	-7.7%+2.2pp	-9.9%+13.0pp	-22.9%-24.7pp	1.8%+5.9pp	-4.1%
Net Margin	0.8%+14.3pp	-13.6%+20.0pp	-33.5%-35.0pp	1.5%+9.8pp	-8.4%+31.2pp	-39.5%-39.7pp	0.2%+3.8pp	-3.6%
Return on Equity	0.3%+5.1pp	-4.8%+7.1pp	-11.9%-12.4pp	0.5%+3.3pp	-2.7%+9.8pp	-12.6%-12.6pp	0.1%+1.2pp	-1.1%
Return on Assets	0.2%+3.1pp	-3.0%+4.3pp	-7.2%-7.6pp	0.3%+2.1pp	-1.8%+6.9pp	-8.7%-8.7pp	0.0%+0.7pp	-0.7%
Current Ratio	3.09-0.4x	3.53-0.3x	3.83+0.2x	3.66-0.2x	3.880.0x	3.91-0.3x	4.230.0x	4.24
Debt-to-Equity	0.200.0x	0.24-0.4x	0.64+0.1x	0.540.0x	0.52+0.4x	0.11-0.5x	0.61+0.6x	0.02
FCF Margin	9.3%+5.5pp	3.8%+23.3pp	-19.5%-8.6pp	-10.9%+2.0pp	-12.9%-5.6pp	-7.4%+12.5pp	-19.9%-7.6pp	-12.3%

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Where Lakeland Inds Ranks

Frequently Asked Questions

What is Lakeland Inds's annual revenue?

Lakeland Inds (LAKE) reported $192.6M in total revenue for fiscal year 2026. This represents a 15.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Lakeland Inds's revenue growing?

Lakeland Inds (LAKE) revenue grew by 15.2% year-over-year, from $167.2M to $192.6M in fiscal year 2026.

Is Lakeland Inds profitable?

No, Lakeland Inds (LAKE) reported a net income of -$25.3M in fiscal year 2026, with a net profit margin of -13.1%.

What is Lakeland Inds's EBITDA?

Lakeland Inds (LAKE) had EBITDA of -$12.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Lakeland Inds have?

As of fiscal year 2026, Lakeland Inds (LAKE) had $12.5M in cash and equivalents against $30.4M in long-term debt.

What is Lakeland Inds's gross margin?

Lakeland Inds (LAKE) had a gross margin of 32.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Lakeland Inds's operating margin?

Lakeland Inds (LAKE) had an operating margin of -8.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Lakeland Inds's net profit margin?

Lakeland Inds (LAKE) had a net profit margin of -13.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Lakeland Inds's return on equity (ROE)?

Lakeland Inds (LAKE) has a return on equity of -19.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Lakeland Inds's free cash flow?

Lakeland Inds (LAKE) recorded an outflow of $16.4M in free cash flow during fiscal year 2026. This represents a 5.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Lakeland Inds's operating cash flow?

Lakeland Inds (LAKE) recorded an outflow of $15.8M in operating cash flow during fiscal year 2026, representing cash used by core business activities.

What are Lakeland Inds's total assets?

Lakeland Inds (LAKE) had $209.9M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Lakeland Inds's capital expenditures?

Lakeland Inds (LAKE) invested $671K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How many shares does Lakeland Inds have outstanding?

Lakeland Inds (LAKE) had 10M shares outstanding as of fiscal year 2026.

What is Lakeland Inds's current ratio?

Lakeland Inds (LAKE) had a current ratio of 3.53 as of fiscal year 2026, which is generally considered healthy.

What is Lakeland Inds's debt-to-equity ratio?

Lakeland Inds (LAKE) had a debt-to-equity ratio of 0.24 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lakeland Inds's return on assets (ROA)?

Lakeland Inds (LAKE) had a return on assets of -12.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

How does Lakeland Inds's liquidity compare with its operating cash outflow?

At the end of fiscal year 2026, Lakeland Inds (LAKE) held $12.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $15.8M over that year. Dividing the one by the other, the reported balance equals about 10 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Lakeland Inds's Altman Z-Score?

Lakeland Inds (LAKE) has an Altman Z-Score of 2.25, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Lakeland Inds's Piotroski F-Score?

Lakeland Inds (LAKE) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lakeland Inds's earnings high quality?

Lakeland Inds (LAKE) reported a net loss of $25.3M while operations used $15.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Lakeland Inds cover its interest payments?

Lakeland Inds (LAKE) reported an operating loss of $15.5M against $2.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Lakeland Inds?

Lakeland Inds (LAKE) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.