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Lifecore Biomedical (LFCR) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 6, 2025

Lifecore Biomedical (LFCR) reported revenue of $31.1M for the first quarter fiscal 2026 (Q1 FY26). Operating margin was -9.9%, net loss $10.0M (32.1% of revenue).

Revenue$31.1M
Year over year—
Quarter over quarter—
Operating margin-9.9%
Net earnings−$10.0M

Lifecore Biomedical, Q1 FY26: revenue $31.1M, operating margin -9.9%, net loss $10.0M, operating cash flow $1.8M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$31.1M——
Operating profit−$3.1M-158%—
Net earnings−$10.0M——
Operating cash flow$1.8M——
Free cash flow$25K——

What changed

Revenue was $31.1M in Q1 FY26. CDMO was the largest line at 70% of revenue.

Gross margin was 25.0%. Operating costs exceeded revenue by $3.1M, an operating margin of -9.9%. The quarter ended with a net loss of $10.0M. Net interest and other expense of $6.6M was the main reason.

Operating cash flow was $1.8M. Non-cash charges added back $2.0M of depreciation and $2.4M of share-based compensation. Working capital and other items added $7.4M. Capital expenditures of $1.7M left free cash flow of $25K.

Questions

What was Lifecore Biomedical's revenue in the first quarter fiscal 2026?

Lifecore Biomedical (LFCR) reported revenue of $31.1M for the first quarter fiscal 2026 (Q1 FY26).

Was Lifecore Biomedical profitable in the first quarter fiscal 2026?

Operating loss was $3.1M (-9.9% of revenue) and net loss $10.0M.

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Source: Lifecore Biomedical 10-Q on SEC EDGAR.