La-Z-Boy Incorporated (LZB) Income Statement
LZB FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsLZB revenue and net income
Where LZB's revenue goes
FY2026Each bar shows an amount and its share of revenue. LZB kept 4.8% of revenue as net income.
LZB profit margins
LZB growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.8% | −3.3% | +4.2% | +3.4% |
| Gross profit | +1.1% | −2.4% | +4.8% | +4.9% |
| Operating income | −4.9% | −15.1% | −1.1% | +0.5% |
| Net income | +2.4% | −12.2% | −0.9% | +2.6% |
| EPS (diluted) | −7.5% | −11.1% | +0.8% | +5.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LZB quarterly EPS vs estimates
La-Z-Boy beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 17, 2026 (estimate $0.48).
LZB income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.11B | $2.05B | $2.35B | $2.36B | $1.73B | $1.70B | $1.75B | $1.58B | $1.52B |
| Cost of revenue | $1.19B | $1.18B | $1.17B | $1.34B | $1.48B | $994.0M | $982.5M | $1.04B | $961.2M | $913.5M |
| Gross profit | $936.6M | $926.4M | $881.7M | $1.01B | $879.8M | $740.3M | $721.4M | $702.6M | $622.7M | $606.5M |
| Research & development | — | $9.9M | $9.6M | $9.1M | $9.0M | $7.6M | $10.8M | $9.1M | $7.9M | $8.0M |
| Sales, general & admin | $787.4M | $770.0M | $718.2M | $797.3M | $664.3M | $596.3M | $565.2M | $572.9M | $493.4M | $476.0M |
| Total operating expenses | $807.4M | $790.6M | $730.9M | $797.3M | $673.0M | $603.5M | $602.7M | $572.9M | $493.4M | $476.0M |
| Operating income | $129.2M | $135.8M | $150.8M | $211.4M | $206.8M | $136.7M | $118.8M | $129.7M | $129.4M | $130.6M |
| Interest income | $11.9M | $14.9M | $15.5M | $6.7M | $1.3M | $1.1M | $2.8M | $2.1M | $1.7M | $981,000 |
| Interest expense | $524,000 | $545,000 | $455,000 | $536,000 | $895,000 | $1.4M | $1.3M | $1.5M | $538,000 | $1.1M |
| Income before taxes | $138.8M | $147.1M | $165.8M | $205.8M | $205.5M | $145.9M | $115.2M | $95.3M | $128.9M | $130.7M |
| Income taxes | $35.9M | $46.2M | $41.1M | $53.8M | $53.2M | $38.4M | $36.2M | $25.2M | $47.3M | $43.8M |
| Net income | $102.0M | $99.6M | $122.6M | $150.7M | $150.0M | $106.5M | $77.5M | $68.6M | $80.9M | $85.9M |
| EBITDA | $285.9M | $271.3M | $290.9M | $322.8M | $319.2M | $180.3M | $244.3M | $158.3M | $161.2M | $160.9M |
| EPS (diluted) | $2.71 | $2.93 | $2.98 | $3.86 | $3.12 | $2.61 | $2.15 | $2.14 | $1.94 | $1.74 |
| Gross margin | 44.0% | 43.9% | 43.1% | 42.9% | 37.3% | 42.7% | 42.3% | 40.3% | 39.3% | 39.9% |
| Operating margin | 6.1% | 6.4% | 7.4% | 9.0% | 8.8% | 7.9% | 7.0% | 7.4% | 8.2% | 8.6% |
| Net margin | 4.8% | 4.7% | 6.0% | 6.4% | 6.4% | 6.1% | 4.5% | 3.9% | 5.1% | 5.7% |
| 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 | $475.7M | $570.3M | $541.6M | $522.5M | $492.2M | $570.9M | $521.8M | $521.0M | $495.5M | $553.5M | $500.4M | $511.4M |
| Cost of revenue | $267.0M | $307.6M | $308.1M | $291.3M | $283.0M | $319.8M | $290.4M | $290.4M | $282.2M | $313.2M | $287.2M | $288.8M |
| Gross profit | $208.7M | $262.8M | $233.5M | $231.1M | $209.2M | $251.1M | $231.4M | $230.6M | $213.3M | $240.4M | $213.3M | $222.6M |
| Research & development | — | — | — | — | — | — | — | — | — | $9.6M | — | — |
| Sales, general & admin | $210.8M | $201.6M | $203.7M | $195.0M | $187.2M | $201.0M | $196.2M | $191.9M | $181.0M | $178.2M | $180.7M | $189.0M |
| Total operating expenses | $201.5M | $221.5M | $203.7M | $195.0M | $187.2M | $221.5M | $196.2M | $191.9M | $181.0M | $190.3M | $180.7M | $189.0M |
| Operating income | $7.2M | $41.2M | $29.8M | $36.2M | $22.0M | $29.5M | $35.2M | $38.8M | $32.4M | $50.1M | $32.6M | $33.6M |
| Interest income | $2.9M | $2.5M | $2.5M | $3.5M | $3.1M | $3.3M | $3.5M | $3.7M | $4.4M | $4.3M | $4.1M | $4.0M |
| Interest expense | $217,000 | $135,000 | $159,000 | $110,000 | $120,000 | $134,000 | $102,000 | $99,000 | $210,000 | $126,000 | $106,000 | $101,000 |
| Income before taxes | −$3.7M | $43.1M | $31.8M | $39.6M | $24.4M | $32.0M | $38.6M | $40.5M | $36.0M | $54.1M | $35.9M | $37.7M |
| Income taxes | −$1.7M | $9.3M | $10.0M | $10.6M | $6.1M | $16.7M | $9.7M | $10.7M | $9.2M | $13.8M | $7.3M | $10.0M |
| Net income | −$2.3M | $33.3M | $21.6M | $28.9M | $18.2M | $14.9M | $28.4M | $30.0M | $26.2M | $39.3M | $28.6M | $27.2M |
| EBITDA | $42.9M | $77.2M | $66.1M | $71.9M | $56.1M | $59.2M | $69.8M | $71.2M | $71.0M | $83.1M | $66.8M | $72.7M |
| EPS (diluted) | $0.43 | $0.92 | $0.61 | $0.71 | $0.47 | $0.92 | $0.68 | $0.71 | $0.62 | $0.95 | $0.67 | $0.74 |
| Gross margin | 43.9% | 46.1% | 43.1% | 44.2% | 42.5% | 44.0% | 44.3% | 44.3% | 43.1% | 43.4% | 42.6% | 43.5% |
| Operating margin | 1.5% | 7.2% | 5.5% | 6.9% | 4.5% | 5.2% | 6.7% | 7.4% | 6.5% | 9.1% | 6.5% | 6.6% |
| Net margin | −0.5% | 5.8% | 4.0% | 5.5% | 3.7% | 2.6% | 5.4% | 5.8% | 5.3% | 7.1% | 5.7% | 5.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LZB's financial statements (latest annual report filed June 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LZB financial results
In fiscal year 2026 (ended April 30, 2026), La-Z-Boy reported revenue of $2.1 billion, up 0.8% from the year before. It had net income of $102.0 million (up 2.4%), a net profit margin of 4.8%. Diluted earnings per share came to $2.71. Over five years revenue grew at an average rate of 4.2% a year.
See the LZB stock overview for the latest quote and news, or the LZB chart for price history and technical indicators.
LZB income statement FAQ
What is La-Z-Boy's annual revenue?
La-Z-Boy reported total revenue of $2.1 billion for fiscal year 2026, which ended on April 30, 2026. That was up 0.8% from $2.1 billion the previous year.
Is La-Z-Boy profitable?
Yes. La-Z-Boy reported net income of $102.0 million in fiscal 2026, a net profit margin of 4.8%; its operating margin was 6.1%.
What is La-Z-Boy's gross margin?
La-Z-Boy's gross margin was 44.0% in fiscal 2026: for every $100 of revenue, La-Z-Boy kept $44 after the direct cost of its products and services.
How fast is La-Z-Boy growing?
Revenue grew 4.2% a year on average over the last five fiscal years, from $1.7 billion to $2.1 billion.
What are La-Z-Boy's earnings per share?
La-Z-Boy earned $2.71 per diluted share in fiscal 2026, compared with $2.93 a year earlier.
When will La-Z-Boy report its next earnings?
La-Z-Boy is expected to report results for the quarter ending October 31, 2026 on November 17, 2026 after the market closes.
When does La-Z-Boy's fiscal year end?
La-Z-Boy's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on June 16, 2026.