Lifeway Foods, Inc. (LWAY) Form 8-K — Aug 13, 2026

$LWAYForm 8-KItems 2.02, 9.01Filed Aug 13, 2026, 9:00 AM ET0001683168-26-006301Original filing

Lifeway Foods posted the highest quarterly net sales in its history at $66.9 million for Q2 2026, up 24.1% year-over-year and $3.9 million above its prior record, marking the 27th consecutive quarter of year-over-year growth. First-half net sales reached $129.9 million, up 29.9%, roughly 61% of full-year 2025 net sales. Profitability moved the opposite direction: gross margin fell to 19.5% from 28.6% a year ago on elevated milk prices, packaging resin costs and transportation expenses, and Q2 net income collapsed to $0.1 million ($0.01 per share) from $4.3 million ($0.28 per share) in the prior-year quarter.

Key figures

Eps: 0.01 (Q2 2026 basic and diluted, vs $0.28 prior year)
Revenue: 66.9 million (Q2 2026 net sales, record quarterly high)
Guidance: Management expects gross margin and profitability to fully recover in 2027 as milk costs normalize, pricing actions layer in, and the Waukesha expansion completes in early 2027
Net Income: 0.1 million (Q2 2026, vs $4.3 million prior year)
Total Debt: 21.9 million line of credit balance (vs zero at Dec 31, 2025)
Revenue Yoy: +24.1% YoY
Total Assets: 132.4 million (June 30, 2026)
Cash Position: 7.1 million (June 30, 2026)
Shares Outstanding: 15,105
H1 Eps: $0.32 basic / $0.31 diluted vs $0.51 prior year
H1 Capex: $19.5 million
H1 Net Sales: $129.9 million, +29.9% YoY
H1 Net Income: $4.8 million vs $7.8 million prior year
Gross Margin H1: 23.4% vs 26.4% prior year
Gross Margin Q2: 19.5% vs 28.6% prior year
Fy2025 Net Sales: $212.5 million (vs $141.6 million in FY2022, +50.1%)
Loc Borrowings H1: $23.0 million borrowed, $1.0 million repaid
Record Beat Margin: $3.9 million above prior record
Sga Percent Of Sales Q2: 18.4% vs 17.6% prior year
Prior Quarterly Record: $63.0 million (Q1 2026)
H1 Treasury Stock Purchases: $4.9 million
Consecutive Growth Quarters: 27

Price after filing

1 day: -16.8%7 days: -12.7%30 days: -17.1%

Close on the filing date to close N calendar days later (from $29.68). Historical, not a forecast.

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