Filing Flows › Lamb Weston Holdings (LW) › Q4 FY26
Lamb Weston Holdings (LW) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 24, 2026
Lamb Weston Holdings (LW) reported revenue of $1.8B for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and +13% from the quarter before. Operating margin was 9.5%, net earnings $110M (6.2% of revenue).
Lamb Weston Holdings, Q4 FY26: revenue $1.8B (+6% year over year), operating margin 9.5%, net earnings $110M, operating cash flow $347M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +13% | +6% |
| Gross profit | $361M | +9% | +6% |
| Operating profit | $169M | +33% | -9% |
| Net earnings | $110M | +103% | -9% |
| Operating cash flow | $347M | +433% | -9% |
| Free cash flow | $201M | — | -32% |
What changed
Revenue was $1.8B in Q4 FY26, up 6% year over year and up 13% from the previous quarter.
Gross margin was 20.4%, unchanged from Q4 FY25. Operating profit was $0.17B, a 9.5% margin (down 1.6 points year over year). Operating profit fell $0.02B even though revenue rose $0.09B versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 23% against revenue growth of 6%. The fastest-growing cost line was SG&A (+30%). Net earnings were $0.11B, down 9% year over year. The effective tax rate was 11.3%.
Operating cash flow was $0.35B (down 9% year over year), 317% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.12B. Capital expenditures of $0.15B left free cash flow of $0.20B.
Questions
What was Lamb Weston Holdings' revenue in the fourth quarter fiscal 2026?
Lamb Weston Holdings (LW) reported revenue of $1.8B for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and +13% from the quarter before.
Was Lamb Weston Holdings profitable in the fourth quarter fiscal 2026?
Operating profit was $169M (9.5% of revenue) and net earnings $110M.