Lakeland Industries, Inc. (LAKE) Income Statement
LAKE FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsLAKE revenue and net income
Where LAKE's revenue goes
FY2026Each bar shows an amount and its share of revenue. LAKE kept −13.1% of revenue as net income.
LAKE profit margins
LAKE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +15.2% | +19.5% | +3.9% | +6.8% |
| Gross profit | −7.8% | +11.4% | −4.4% | +5.7% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −1,690.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LAKE quarterly EPS vs estimates
Lakeland Industries beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: December 8, 2026 (estimate $0.09).
LAKE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $192.6M | $167.2M | $124.7M | $112.8M | $118.4M | $159.0M | $107.8M | $99.0M | $96.0M | $86.2M |
| Cost of revenue | $129.3M | $98.5M | $73.5M | $67.0M | $67.5M | $79.8M | $69.9M | $65.1M | $59.8M | $54.5M |
| Gross profit | $63.3M | $68.7M | $51.2M | $45.8M | $50.9M | $79.2M | $37.9M | $33.9M | $36.2M | $31.6M |
| Research & development | — | — | — | — | — | $200,000 | $200,000 | $182,000 | $280,000 | $463,000 |
| Sales, general & admin | $77.0M | $61.5M | $43.7M | $39.7M | $33.0M | $33.4M | $29.2M | $30.0M | $26.7M | $24.1M |
| Total operating expenses | $70.8M | $77.9M | $45.2M | $40.3M | $34.9M | $35.4M | $32.0M | $30.3M | $27.7M | $24.8M |
| Operating income | −$7.5M | −$9.3M | $6.0M | $5.5M | $16.0M | $43.9M | $5.9M | $3.6M | $8.5M | $6.8M |
| Interest income | — | — | — | — | — | — | $116,000 | $125,000 | $163,000 | $620,000 |
| Interest expense | $2.1M | $1.6M | $52,000 | $37,000 | $15,000 | $23,000 | $116,000 | $125,000 | $163,000 | $620,000 |
| Income before taxes | −$17.7M | −$18.4M | $9.4M | $5.5M | $16.2M | $43.9M | $5.8M | $3.5M | $8.3M | $6.3M |
| Income taxes | $7.6M | −$281,000 | $3.9M | $3.6M | $4.8M | $8.6M | $2.5M | $2.0M | $7.9M | $2.4M |
| Net income | −$25.3M | −$18.1M | $5.4M | $1.9M | $11.4M | $35.3M | $3.3M | $1.5M | $440,000 | $3.9M |
| EBITDA | −$2.4M | −$13.4M | $11.5M | $7.0M | $18.0M | $45.9M | $7.5M | $4.6M | $9.3M | $8.1M |
| EPS (diluted) | −$1.59 | $0.10 | $0.60 | $0.58 | $1.40 | $4.32 | $0.40 | $0.17 | $0.82 | $0.74 |
| Gross margin | 32.9% | 41.1% | 41.1% | 40.6% | 43.0% | 49.8% | 35.2% | 34.2% | 37.7% | 36.7% |
| Operating margin | −3.9% | −5.5% | 4.8% | 4.9% | 13.6% | 27.6% | 5.5% | 3.6% | 8.8% | 7.9% |
| Net margin | −13.1% | −10.8% | 4.4% | 1.7% | 9.6% | 22.2% | 3.0% | 1.5% | 0.5% | 4.5% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50.1M | $47.4M | $45.8M | $47.6M | $52.5M | $46.7M | $46.6M | $45.8M | $38.5M | $36.3M | $31.2M | $31.7M |
| Cost of revenue | $31.6M | $32.5M | $31.1M | $33.5M | $33.7M | $31.1M | $27.9M | $27.2M | $23.3M | $20.1M | $20.0M | $18.3M |
| Gross profit | $18.5M | $14.9M | $14.7M | $14.1M | $18.8M | $15.6M | $18.7M | $18.6M | $15.2M | $16.2M | $11.2M | $13.4M |
| Sales, general & admin | — | — | $77.0M | — | — | — | — | — | — | — | $10.8M | — |
| Total operating expenses | $20.6M | $19.1M | $22.7M | $20.1M | $19.3M | $20.3M | $18.8M | $17.8M | $16.8M | $14.0M | $14.5M | $9.7M |
| Operating income | −$2.1M | −$4.2M | −$8.0M | −$6.0M | −$465,000 | −$4.6M | −$145,000 | $807,000 | −$1.6M | $2.2M | −$3.3M | $3.6M |
| Interest expense | $525,000 | $614,000 | $1.6M | $502,000 | $445,000 | $583,000 | $618,000 | $490,000 | $370,000 | $172,000 | $30,000 | $13,000 |
| Income before taxes | −$3.7M | $1.7M | −$5.9M | −$2.3M | −$4.4M | −$5.1M | −$18.8M | $233,000 | −$1.8M | $2.0M | $276,000 | $3.6M |
| Income taxes | $1.2M | $1.3M | $356,000 | $13.7M | −$5.2M | −$1.2M | −$397,000 | $147,000 | −$420,000 | $388,000 | $1.3M | $937,000 |
| Net income | −$4.9M | $369,000 | −$6.2M | −$16.0M | $766,000 | −$3.9M | −$18.4M | $86,000 | −$1.4M | $1.7M | −$977,000 | $2.6M |
| EBITDA | −$694,000 | $3.6M | −$3.7M | −$575,000 | −$2.7M | −$3.4M | −$17.9M | $1.9M | −$281,000 | $2.9M | $808,000 | $4.1M |
| EPS (diluted) | −$0.22 | −$0.03 | −$0.16 | −$1.70 | $0.45 | −$0.18 | −$0.03 | $0.10 | −$0.19 | $0.22 | −$0.13 | $0.23 |
| Gross margin | 37.0% | 31.4% | 32.2% | 29.7% | 35.8% | 33.5% | 40.1% | 40.6% | 39.6% | 44.6% | 35.9% | 42.2% |
| Operating margin | −4.2% | −8.8% | −17.4% | −12.5% | −0.9% | −9.9% | −0.3% | 1.8% | −4.1% | 6.1% | −10.6% | 11.4% |
| Net margin | −9.8% | 0.8% | −13.6% | −33.5% | 1.5% | −8.4% | −39.5% | 0.2% | −3.6% | 4.6% | −3.1% | 8.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LAKE's financial statements (latest annual report filed April 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LAKE financial results
In fiscal year 2026 (ended January 31, 2026), Lakeland Industries reported revenue of $192.6 million, up 15.2% from the year before. It had a net loss of $25.3 million, a net profit margin of −13.1%. Diluted earnings per share came to −$1.59. Over five years revenue grew at an average rate of 3.9% a year.
See the LAKE stock overview for the latest quote and news, or the LAKE chart for price history and technical indicators.
LAKE income statement FAQ
What is Lakeland Industries's annual revenue?
Lakeland Industries reported total revenue of $192.6 million for fiscal year 2026, which ended on January 31, 2026. That was up 15.2% from $167.2 million the previous year.
Is Lakeland Industries profitable?
No. Lakeland Industries reported a net loss of $25.3 million in fiscal 2026, a net profit margin of −13.1%; its operating margin was −3.9%.
What is Lakeland Industries's gross margin?
Lakeland Industries's gross margin was 32.9% in fiscal 2026: for every $100 of revenue, Lakeland Industries kept $33 after the direct cost of its products and services.
How fast is Lakeland Industries growing?
Revenue grew 3.9% a year on average over the last five fiscal years, from $159.0 million to $192.6 million.
What are Lakeland Industries's earnings per share?
Lakeland Industries earned $-1.59 per diluted share in fiscal 2026, compared with $0.10 a year earlier.
When will Lakeland Industries report its next earnings?
Lakeland Industries is expected to report results for the quarter ending October 31, 2026 on December 8, 2026.
When does Lakeland Industries's fiscal year end?
Lakeland Industries's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on April 16, 2026.