Filing Flows › LSI Industries (LYTS) › Q4 FY26
LSI Industries (LYTS) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Sep 3, 2026
LSI Industries (LYTS) reported revenue of $235M for the fourth quarter fiscal 2026 (Q4 FY26), +51% from a year earlier and +56% from the quarter before. Operating margin was 6.2%, net earnings $6.9M (2.9% of revenue).
LSI Industries, Q4 FY26: revenue $235M (+51% year over year), operating margin 6.2%, net earnings $6.9M, operating cash flow $11.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $235M | +56% | +51% |
| Gross profit | $57.4M | +50% | +42% |
| Operating profit | $14.5M | +255% | +21% |
| Net earnings | $6.9M | +229% | -16% |
| Operating cash flow | $11.6M | +67% | +22% |
| Free cash flow | $9.8M | +57% | +14% |
What changed
Revenue was $234.6M in Q4 FY26, up 51% year over year and up 56% from the previous quarter. Display Solutions Segment was the largest line at 70% of revenue.
Gross margin was 24.5%, down 1.6 points from Q4 FY25. Operating profit was $14.5M, a 6.2% margin (down 1.5 points year over year). Of the extra revenue versus Q4 FY25, 3% reached operating profit, below the 8% margin then. Operating expenses grew 51% against revenue growth of 51%. Net earnings were $6.9M, down 16% year over year. The effective tax rate was 31.4%.
Operating cash flow was $11.6M (up 22% year over year), 168% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $3.2M. Capital expenditures of $1.8M left free cash flow of $9.8M.
Questions
What was LSI Industries' revenue in the fourth quarter fiscal 2026?
LSI Industries (LYTS) reported revenue of $235M for the fourth quarter fiscal 2026 (Q4 FY26), +51% from a year earlier and +56% from the quarter before.
Was LSI Industries profitable in the fourth quarter fiscal 2026?
Operating profit was $14.5M (6.2% of revenue) and net earnings $6.9M.
Source: LSI Industries 10-K on SEC EDGAR.