Filing Flows › Lakeland Industries (LAKE) › Q2 FY26
Lakeland Industries (LAKE) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 9, 2025
Lakeland Industries (LAKE) reported revenue of $52.5M for the second quarter fiscal 2026 (Q2 FY26), +36% from a year earlier and +12% from the quarter before. Operating margin was -7.7%, net earnings $766K (1.5% of revenue).
Lakeland Industries, Q2 FY26: revenue $52.5M (+36% year over year), operating margin -7.7%, net earnings $766K, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.5M | +12% | +36% |
| Operating profit | −$4.0M | — | — |
| Net earnings | $766K | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $52.5M in Q2 FY26, up 36% year over year and up 12% from the previous quarter.
Gross margin was 35.8%, down 3.7 points from a year earlier. Operating costs exceeded revenue by $4.0M, an operating margin of -7.7%. Operating expenses grew 36% against revenue growth of 36%. Net earnings were $766K.
Operating cash flow was −$4.8M. Non-cash charges added back $1.3M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $921K exceeded it, leaving free cash flow of −$5.7M.
Questions
What was Lakeland Industries' revenue in the second quarter fiscal 2026?
Lakeland Industries (LAKE) reported revenue of $52.5M for the second quarter fiscal 2026 (Q2 FY26), +36% from a year earlier and +12% from the quarter before.
Was Lakeland Industries profitable in the second quarter fiscal 2026?
Operating loss was $4.0M (-7.7% of revenue) and net earnings $766K.