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Lifecore Biomedical (LFCR) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed May 6, 2026

Lifecore Biomedical (LFCR) reported revenue of $23.2M for the third quarter fiscal 2026 (Q3 FY26). Operating margin was -20.1%, net loss $15.0M (64.6% of revenue).

Revenue$23.2M
Year over year—
Quarter over quarter—
Operating margin-20.1%
Net earnings−$15.0M

Lifecore Biomedical, Q3 FY26: revenue $23.2M, operating margin -20.1%, net loss $15.0M, operating cash flow $4.7M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$23.2M——
Operating profit−$4.7M——
Net earnings−$15.0M——
Operating cash flow$4.7M——
Free cash flow$3.6M——

What changed

Revenue was $23.2M in Q3 FY26. CDMO was the largest line at 68% of revenue.

Gross margin was 19.2%. Operating costs exceeded revenue by $4.7M, an operating margin of -20.1%. The quarter ended with a net loss of $15.0M. Net interest and other expense of $10.3M was the main reason.

Operating cash flow was $4.7M. Non-cash charges added back $2.3M of depreciation and $1.7M of share-based compensation. Working capital and other items added $15.7M. Capital expenditures of $1.1M left free cash flow of $3.6M.

Questions

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

Lifecore Biomedical (LFCR) reported revenue of $23.2M for the third quarter fiscal 2026 (Q3 FY26).

Was Lifecore Biomedical profitable in the third quarter fiscal 2026?

Operating loss was $4.7M (-20.1% of revenue) and net loss $15.0M.

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Source: Lifecore Biomedical 10-Q on SEC EDGAR.