LAKE · Lakeland Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2026 | FY 2025 | FY 2023 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $192.65M | $167.21M | $6.30M | $124.69M | $118.39M | $159.00M |
| Cost of Revenue | $129.32M | $98.54M | $67.00M | $73.50M | $67.47M | $79.75M |
| Gross Profit | $63.33M | $68.67M | $45.85M | $51.19M | $50.91M | $79.25M |
| R&D | - | - | - | - | - | $200.0K |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $76.99M | $67.40M | $40.31M | $45.20M | $34.87M | $35.40M |
| D&A | $2.80M | $2.60M | $1.50M | $2.11M | $1.87M | $1.97M |
| Operating Income | ($15.51M) | ($9.27M) | $5.54M | $5.99M | $16.05M | $43.85M |
| Interest Expense | $2.15M | $1.65M | $37.0K | $52.0K | $15.0K | $23.0K |
| Income Tax | $7.61M | ($281.0K) | $3.60M | $3.93M | $4.78M | $8.77M |
| Net Income | ($25.31M) | ($18.07M) | $1.87M | $5.42M | $11.37M | $35.11M |
| EPS - Basic | ($2.63) | ($2.43) | $0.25 | $0.74 | $1.44 | $4.40 |
| EPS - Diluted | ($2.63) | ($2.43) | $0.24 | $0.72 | $1.41 | $4.31 |
Balance Sheet
| Line item | FY 2026 | FY 2025 | FY 2023 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.52M | $17.48M | $24.64M | $25.22M | $52.72M | $52.60M |
| Accounts Receivable | $32.04M | $27.61M | $17.30M | $19.17M | $14.77M | $21.70M |
| Inventory | $82.54M | $82.74M | $58.18M | $51.25M | $47.71M | $43.83M |
| Accounts Payable | $15.56M | $15.74M | $6.56M | $7.38M | $5.86M | $7.40M |
| Current Assets | $134.19M | $136.53M | $104.98M | $101.50M | $120.65M | $123.61M |
| Total Assets | $209.93M | $212.53M | $142.33M | $153.75M | $140.79M | $139.93M |
| Current Liabilities | $37.96M | $34.91M | $17.99M | $18.35M | $12.02M | $15.39M |
| Long-term Debt | $16.43M | - | - | - | - | - |
| Total Liabilities | $80.81M | $65.91M | $22.34M | $30.29M | $15.69M | $17.01M |
| Stockholders' Equity | $129.13M | $146.63M | $119.99M | $123.45M | $125.10M | $122.92M |
| Retained Earnings | $23.86M | $50.32M | $64.77M | $69.28M | $62.89M | $52.69M |
Cash Flow
| Line item | FY 2026 | FY 2025 | FY 2023 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($15.75M) | ($15.88M) | ($5.45M) | $10.91M | $12.78M | $40.67M |
| Investing Cash Flow | ($1.18M) | ($47.74M) | ($14.77M) | ($5.12M) | ($3.58M) | ($1.66M) |
| Financing Cash Flow | $12.51M | $56.59M | ($5.88M) | ($3.45M) | ($9.80M) | ($1.28M) |
| CapEx | $671.0K | $1.54M | $1.99M | $2.07M | $801.0K | $1.66M |
| Free Cash Flow | ($16.42M) | ($17.42M) | ($7.44M) | $8.84M | $11.98M | $39.00M |
Ratios
| Metric | FY 2026 | FY 2025 | FY 2023 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 32.9% | 41.1% | 727.8% | 41.1% | 43.0% | 49.8% |
| Operating margin | -8.1% | -5.5% | 88.0% | 4.8% | 13.6% | 27.6% |
| EBITDA margin | -6.6% | -4.0% | 111.8% | 6.5% | 15.1% | 28.8% |
| Net margin | -13.1% | -10.8% | 29.7% | 4.4% | 9.6% | 22.1% |
| Free cash flow margin | -8.5% | -10.4% | -118.0% | 7.1% | 10.1% | 24.5% |
| FCF / Net income | 0.65 | 0.96 | -3.97 | 1.63 | 1.05 | 1.11 |
| R&D / Revenue | - | - | - | - | - | 0.1% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | 65.8% | 42.0% | 29.6% | 20.0% |
| Return on assets | -12.1% | -8.5% | 1.3% | 3.5% | 8.1% | 25.1% |
| Return on equity | -19.6% | -12.3% | 1.6% | 4.4% | 9.1% | 28.6% |
| Return on invested capital | -8.4% | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 3.53 | 3.91 | 5.84 | 5.53 | 10.04 | 8.03 |
| Quick ratio | 1.36 | 1.54 | 2.60 | 2.74 | 6.07 | 5.18 |
| Cash ratio | 0.33 | 0.50 | 1.37 | 1.37 | 4.39 | 3.42 |
| Leverage | ||||||
| Debt / Equity | 0.13 | - | - | - | - | - |
| Debt / Assets | 0.08 | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -7.2x | -5.6x | 149.8x | 115.3x | 1069.8x | 1906.7x |
| Equity multiplier | 1.63 | 1.45 | 1.19 | 1.25 | 1.13 | 1.14 |
| Liabilities / Assets | 0.38 | 0.31 | 0.16 | 0.20 | 0.11 | 0.12 |
| Efficiency | ||||||
| Asset turnover | 0.92 | 0.79 | 0.04 | 0.81 | 0.84 | 1.14 |
| Inventory turnover | 1.57 | 1.19 | 1.15 | 1.43 | 1.41 | 1.82 |
| Days sales outstanding | 61d | 60d | 1002d | 56d | 46d | 50d |
| Days inventory outstanding | 233d | 306d | 317d | 255d | 258d | 201d |
| Days payable outstanding | 44d | 58d | 36d | 37d | 32d | 34d |
| Cash conversion cycle | 250d | 308d | 1283d | 274d | 272d | 217d |
| Valuation | ||||||
| P / E | - | - | 69.0x | 25.0x | 14.9x | 6.5x |
| P / B | 0.7x | 1.2x | 1.1x | 1.1x | 1.4x | 1.8x |
| P / S | 0.5x | 1.0x | 20.3x | 1.1x | 1.4x | 1.4x |
| EV / EBITDA | - | - | 14.7x | 13.6x | 6.5x | 3.8x |
| Growth | ||||||
| Revenue growth (YoY) | 15.2% | 34.1% | -94.7% | 1879.2% | -25.5% | 47.5% |
| Revenue CAGR (3y) | 212.7% | 12.2% | -61.2% | -7.8% | 7.2% | - |
| Revenue CAGR (5y) | 3.9% | 9.2% | - | 5.4% | - | - |
| Gross profit growth (YoY) | -7.8% | 34.1% | -9.9% | 11.7% | -35.8% | 109.1% |
| Operating income growth (YoY) | -67.4% | - | -65.5% | 8.2% | -63.4% | 646.3% |
| Net income growth (YoY) | -40.0% | - | -83.5% | 189.6% | -67.6% | 970.0% |
| EPS growth (YoY) | -8.2% | - | -83.0% | 200.0% | -67.3% | 951.2% |
| EPS CAGR (3y) | - | - | -16.3% | -44.9% | 98.6% | 315.7% |
| EPS CAGR (5y) | - | - | 32.0% | 32.0% | 21.6% | 52.1% |
| FCF growth (YoY) | 5.7% | - | - | - | -69.3% | 1425.4% |
| FCF CAGR (5y) | - | - | - | - | 1.6% | 79.6% |
| Book value growth (YoY) | -11.9% | 18.8% | -4.1% | 2.9% | 1.8% | 44.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-01-31.
Geographic
$33.90M totalLatin America$16.10M · 47.5%
Asia$13.80M · 40.7%
MX$4.00M · 11.8%
Stability scores
Altman Z′
FY 2026 · bankruptcy risk
1.78
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2026 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Orthopedic, Prosthetic & Surgical Appliances & Supplies
Comparing LAKELAND INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$0.06/share trailing 12 months · -50.0% YoY
| Ex-date | Per share |
|---|---|
| Nov 17, 2025 | $0.0300 |
| Aug 15, 2025 | $0.0300 |
| May 15, 2025 | $0.0300 |
| Feb 14, 2025 | $0.0300 |
| Nov 15, 2024 | $0.0300 |
| Aug 15, 2024 | $0.0300 |
| May 14, 2024 | $0.0300 |
| Feb 14, 2024 | $0.0300 |
| Nov 14, 2023 | $0.0300 |
| Aug 14, 2023 | $0.0300 |
| May 12, 2023 | $0.0300 |
| Feb 14, 2023 | $0.0300 |