Filing Flows › LSI Industries (LYTS) › Q1 FY27 › vs Q1 FY26
LSI Industries (LYTS) Q1 FY27 vs Q1 FY26 (year over year)
LSI Industries's revenue rose $68.6M (+44%) from $157M in Q1 FY26 to $226M in Q1 FY27. The biggest changes: Display Solutions Segment +$72.8M (+83%); Lighting Segment −$4.2M (-6%). Gross margin 23.1% against 25.6% (-2.5 pts).
LSI Industries, Q1 FY27: revenue $226M (+44% year over year), operating margin 6.3%, net earnings $7.1M, operating cash flow $15.2M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 23.1% | 25.6% | -2.5 pts |
| Operating margin | 6.3% | 7.0% | -0.7 pts |
| Net margin | 3.2% | 4.6% | -1.5 pts |
| Free cash flow margin | 6.1% | -0.2% | +6.3 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Display Solutions Segment | $161M | $88.2M | $72.8M | +83% |
| Lighting Segment | $64.8M | $69.1M | −$4.2M | -6% |
| Revenue | $226M | $157M | $68.6M | +44% |
| Gross profit | $52.2M | $40.3M | $12.0M | +30% |
| Cost of revenue | $174M | $117M | $56.7M | +48% |
| Operating profit | $14.2M | $11.0M | $3.2M | +29% |
| Operating expenses | $38.1M | $29.3M | $8.8M | +30% |
| Pre-tax earnings | $10.2M | $9.7M | $491K | +5% |
| Other expense, net | $4.0M | $1.3M | $2.7M | +211% |
| Net earnings | $7.1M | $7.3M | −$137K | -2% |
| Income tax | $3.1M | $2.4M | $628K | +26% |
| Depreciation & amortization | $6.5M | $3.2M | $3.3M | +104% |
| Share-based compensation | $1.0M | $1.1M | −$60K | -5% |
| Working capital & other | $515K | −$10.9M | $11.4M | — |
| Operating cash flow | $15.2M | $676K | $14.6M | 23× |
| Free cash flow (OCF − capex) | $13.8M | −$291K | $14.1M | — |
| Capital expenditures | $1.4M | $967K | $477K | +49% |
Questions
How much did LSI Industries's revenue grow year over year in Q1 FY27?
LSI Industries's revenue rose $68.6M (+44%) from $157M in Q1 FY26 to $226M in Q1 FY27.
What drove LSI Industries's revenue change in Q1 FY27?
Display Solutions Segment +$72.8M (+83%); Lighting Segment −$4.2M (-6%).