Filing Flows › Lakeland Industries (LAKE) › Q1 FY27
Lakeland Industries (LAKE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Lakeland Industries (LAKE) reported revenue of $47.4M for the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier and +3% from the quarter before. Operating margin was 4.8%, net earnings $369K (0.8% of revenue).
Lakeland Industries, Q1 FY27: revenue $47.4M (+1% year over year), operating margin 4.8%, net earnings $369K, operating cash flow $5.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.4M | +3% | +1% |
| Gross profit | $14.9M | +1% | -5% |
| Operating profit | $2.3M | — | — |
| Net earnings | $369K | — | — |
| Operating cash flow | $5.8M | +215% | — |
| Free cash flow | $4.4M | +126% | — |
What changed
Revenue was $47.4M in Q1 FY27, up 1% year over year and up 3% from the previous quarter.
Gross margin was 31.4%, down 2.1 points from Q1 FY26. Operating profit was $2.3M, a 4.8% margin (up 14.7 points year over year). Operating expenses fell 38% while revenue rose 1%. Net earnings were $369K. The effective tax rate was 78.5%.
Operating cash flow was $5.8M, 1572% of net earnings. Non-cash charges added back $1.3M of depreciation and amortization and $800K of share-based compensation. Working capital and other items added $3.3M. Capital expenditures of $1.4M left free cash flow of $4.4M.
Questions
What was Lakeland Industries' revenue in the first quarter fiscal 2027?
Lakeland Industries (LAKE) reported revenue of $47.4M for the first quarter fiscal 2027 (Q1 FY27), +1% from a year earlier and +3% from the quarter before.
Was Lakeland Industries profitable in the first quarter fiscal 2027?
Operating profit was $2.3M (4.8% of revenue) and net earnings $369K.