LAKELAND INDUSTRIES, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $192.6M | $167.2M | $6.3M | $6.0M | $118.4M | $159.0M | $107.8M | $99.0M |
| Cost of Revenue | $129.3M | $98.5M | $73.5M | $67.0M | $67.5M | $79.7M | $69.9M | $65.1M |
| Gross Profit | $63.3M | $68.7M | $51.2M | $45.8M | $50.9M | $79.3M | $37.9M | $33.9M |
| Gross Margin | 32.9% | 41.1% | 812.6% | 764.2% | 43.0% | 49.9% | 35.2% | 34.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $200.0K | $200.0K | $200.0K |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-15.5M | $-9.3M | $6.0M | $5.5M | $16.0M | $43.9M | $5.9M | $3.6M |
| Operating Margin | -8.1% | -5.5% | 95.1% | 92.4% | 13.6% | 27.6% | 5.5% | 3.6% |
| Interest Expense | $2.1M | $1.7M | $52.0K | $37.0K | $15.0K | $23.0K | $116.0K | $125.0K |
| Pretax Income | $-17.7M | $-18.4M | $9.4M | $5.5M | $16.2M | $43.9M | $5.8M | $3.5M |
| Income Tax Expense | $7.6M | $-281.0K | $3.9M | $3.6M | $4.8M | $8.6M | $2.5M | $2.0M |
| Net Income | $-25.3M | $-18.1M | $5.4M | $1.9M | $11.4M | $35.3M | $3.3M | $1.5M |
| Net Margin | -13.1% | -10.8% | 86.1% | 31.2% | 9.6% | 22.2% | 3.0% | 1.5% |
| EPS (Basic) | $-2.63 | $-2.43 | $0.74 | $0.25 | $1.44 | $4.43 | $0.41 | $0.18 |
| EPS (Diluted) | $-2.63 | $-2.43 | $0.72 | $0.24 | $1.41 | $4.34 | $0.41 | $0.18 |
| Shares Outstanding (Basic) | 9.6M | 7.4M | 7.4M | 7.6M | 7.9M | 8.0M | 8.0M | 8.1M |
| Shares Outstanding (Diluted) | 9.6M | 7.4M | 7.5M | 7.7M | 8.1M | 8.1M | 8.0M | 8.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |