Filing Flows › Lakeland Industries (LAKE) › Q2 FY27
Lakeland Industries (LAKE) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 9, 2026
Lakeland Industries (LAKE) reported revenue of $50.1M for the second quarter fiscal 2027 (Q2 FY27), -4% from a year earlier and +6% from the quarter before. Operating margin was -6.7%, net loss $4.9M (9.8% of revenue).
Lakeland Industries, Q2 FY27: revenue $50.1M (-4% year over year), operating margin -6.7%, net loss $4.9M, operating cash flow −$404K. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.1M | +6% | -4% |
| Operating profit | −$3.3M | -246% | — |
| Net earnings | −$4.9M | -1436% | -743% |
| Operating cash flow | −$404K | -107% | — |
What changed
Revenue was $50.1M in Q2 FY27, down 4% year over year and up 6% from the previous quarter.
Gross margin was 37.0%, up 1.1 points from Q2 FY26. Operating costs exceeded revenue by $3.3M, an operating margin of -6.7%. Operating expenses fell 4% while revenue fell 4%. The quarter ended with a net loss of $4.9M, after a profit of $369K the previous quarter.
Operating cash flow was −$404K. Non-cash charges added back $1.4M of depreciation and amortization and $602K of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $43K exceeded it, leaving free cash flow of −$447K.
Questions
What was Lakeland Industries' revenue in the second quarter fiscal 2027?
Lakeland Industries (LAKE) reported revenue of $50.1M for the second quarter fiscal 2027 (Q2 FY27), -4% from a year earlier and +6% from the quarter before.
Was Lakeland Industries profitable in the second quarter fiscal 2027?
Operating loss was $3.3M (-6.7% of revenue) and net loss $4.9M.