Filing Flows › Lifeway Foods (LWAY) › Q2 2026 › vs Q1 2026
Lifeway Foods (LWAY) Q2 2026 vs Q1 2026 (quarter over quarter)
Lifeway Foods's revenue rose $3.9M (+6%) from $63.0M in Q1 2026 to $66.9M in Q2 2026. Gross margin 19.5% against 27.5% (-8.1 pts).
Lifeway Foods, Q2 2026: revenue $66.9M (+24% year over year), operating margin 0.9%, net earnings $127K, operating cash flow −$339K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 19.5% | 27.5% | -8.1 pts |
| Operating margin | 0.9% | 10.0% | -9.1 pts |
| Net margin | 0.2% | 7.4% | -7.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $66.9M | $63.0M | $3.9M | +6% |
| Gross profit | $13.0M | $17.4M | −$4.3M | -25% |
| Cost of revenue | $53.9M | $45.7M | $8.2M | +18% |
| Operating profit | $600K | $6.3M | −$5.7M | -91% |
| Operating expenses | $12.4M | $11.0M | $1.4M | +13% |
| Pre-tax earnings | $407K | $6.3M | −$5.8M | -93% |
| Sales & marketing | $7.6M | $6.2M | $1.4M | +23% |
| General & admin | $4.7M | $4.7M | −$46K | -1% |
| Other operating costs | $135K | $135K | $0 | 0% |
| Net earnings | $127K | $4.7M | −$4.5M | -97% |
| Income tax | $280K | $1.6M | −$1.3M | -82% |
| Operating cash sources | $2.1M | $1.9M | $245K | +13% |
| Depreciation & amortization | $1.1M | $1.1M | $88K | +8% |
| Share-based compensation | $535K | $548K | −$13K | -2% |
| Cash used in operations | $339K | −$4.4M | $4.7M | — |
| Working capital & other | $2.1M | $1.9M | $245K | +13% |
Questions
How much did Lifeway Foods's revenue grow quarter over quarter in Q2 2026?
Lifeway Foods's revenue rose $3.9M (+6%) from $63.0M in Q1 2026 to $66.9M in Q2 2026. Gross margin 19.5% against 27.5% (-8.1 pts).