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Lakeland Industries (LAKE) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Dec 9, 2025

Lakeland Industries (LAKE) reported revenue of $47.6M for the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier and -9% from the quarter before. Operating margin was -3.4%, net loss $16.0M (33.5% of revenue).

Revenue$47.6M
Year over year+4%
Quarter over quarter-9%
Operating margin-3.4%
Net earnings−$16.0M

Lakeland Industries, Q3 FY26: revenue $47.6M (+4% year over year), operating margin -3.4%, net loss $16.0M, operating cash flow −$7.9M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$47.6M-9%+4%
Operating profit−$1.6M——
Net earnings−$16.0M-2183%—
Operating cash flow−$7.9M——

What changed

Revenue was $47.6M in Q3 FY26, up 4% year over year and down 9% from the previous quarter.

Gross margin was 29.7%, down 10.9 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -3.4%. Operating expenses fell 11% while revenue rose 4%. The quarter ended with a net loss of $16.0M, after a profit of $766K the previous quarter.

Operating cash flow was −$7.9M. Non-cash charges added back $1.2M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $5.5M. Capital expenditures of −$1.3M exceeded it, leaving free cash flow of −$6.6M.

Questions

What was Lakeland Industries' revenue in the third quarter fiscal 2026?

Lakeland Industries (LAKE) reported revenue of $47.6M for the third quarter fiscal 2026 (Q3 FY26), +4% from a year earlier and -9% from the quarter before.

Was Lakeland Industries profitable in the third quarter fiscal 2026?

Operating loss was $1.6M (-3.4% of revenue) and net loss $16.0M.

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Source: Lakeland Industries 10-Q on SEC EDGAR.