Filing Flows › Lakeland Industries (LAKE) › Q1 FY26
Lakeland Industries (LAKE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 9, 2025
Lakeland Industries (LAKE) reported revenue of $46.7M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +0.3% from the quarter before. Operating margin was -9.9%, net loss $3.9M (8.4% of revenue).
Lakeland Industries, Q1 FY26: revenue $46.7M (+29% year over year), operating margin -9.9%, net loss $3.9M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.7M | +0.3% | +29% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $46.7M in Q1 FY26, up 29% year over year and roughly flat from the previous quarter.
Gross margin was 33.5%, down 11.1 points from a year earlier. Operating costs exceeded revenue by $4.6M, an operating margin of -9.9%. Operating expenses grew 45% against revenue growth of 29%. The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $18.4M loss.
Operating cash flow was −$4.8M. Non-cash charges added back $1.1M of depreciation and amortization and $329K of share-based compensation. Working capital and other items used $2.4M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$6.0M.
Questions
What was Lakeland Industries' revenue in the first quarter fiscal 2026?
Lakeland Industries (LAKE) reported revenue of $46.7M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +0.3% from the quarter before.
Was Lakeland Industries profitable in the first quarter fiscal 2026?
Operating loss was $4.6M (-9.9% of revenue) and net loss $3.9M.