Filing Flows › Lands'' End (LE) › Q4 FY26
Lands'' End (LE) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 26, 2026
Lands'' End (LE) reported revenue of $402M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +45% from the quarter before. Operating margin was 6.4%, net earnings $12.3M (3.1% of revenue).
Lands'' End, Q4 FY26: revenue $402M (+5% year over year), operating margin 6.4%, net earnings $12.3M, operating cash flow $64.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $402M | +45% | +5% |
| Gross profit | $210M | +27% | +4% |
| Operating profit | $25.9M | +54% | -30% |
| Net earnings | $12.3M | +138% | -34% |
| Operating cash flow | $64.8M | — | -0.9% |
| Free cash flow | $59.5M | — | +20% |
What changed
Revenue was $402.3M in Q4 FY26, up 5% year over year and up 45% from the previous quarter. U Se Commerce was the largest line at 78% of revenue.
Gross margin was 52.1%, down 0.6 points from Q4 FY25. Operating profit was $25.9M, a 6.4% margin (down 3.2 points year over year). Operating profit fell $11.1M even though revenue rose $20.5M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+119%). Net earnings were $12.3M, down 34% year over year. The effective tax rate was 28.9%.
Operating cash flow was $64.8M (down 1% year over year), 528% of net earnings. Non-cash charges added back $6.8M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $44.0M. Capital expenditures of $5.3M left free cash flow of $59.5M.
Questions
What was Lands'' End's revenue in the fourth quarter fiscal 2026?
Lands'' End (LE) reported revenue of $402M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +45% from the quarter before.
Was Lands'' End profitable in the fourth quarter fiscal 2026?
Operating profit was $25.9M (6.4% of revenue) and net earnings $12.3M.
Source: Lands'' End 10-K on SEC EDGAR.