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LAKELAND INDUSTRIES INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data LAKELAND INDUSTRIES INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2023FY2025FY2026
Revenue9910815911811361256.3167193
Cost of revenue65.169.979.767.56773.598.5129
Gross profit33.937.979.350.945.851.268.763.3
Research and development0.20.20.2
Operating expenses30.33235.434.940.345.267.477
Operating income3.575.8843.9165.545.99-9.27-15.5
Interest expense0.130.120.020.020.040.051.652.15
Other non-operating income0.04-0.010.050.123.420.2-0.04
Pre-tax income3.485.7543.916.25.479.36-18.4-17.7
Income tax2.022.478.584.783.63.93-0.287.61
Net income1.463.2835.311.41.875.43-18.1-25.3
EBITDA4.537.5245.917.97.057.89-6.67-12.7
EPS, basic0.180.414.431.440.250.74-2.43-2.63
EPS, diluted0.180.414.341.410.240.72-2.43-2.63
Shares, basic (weighted)8.118.017.987.97.567.357.439.63
Shares, diluted (weighted)8.178.048.148.057.747.547.439.63

Balance sheet

FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2023FY2025FY2026
Cash and equivalents12.814.652.652.724.62625.228.417.512.5
Short-term investments02.16
Receivables16.517.721.714.817.316.919.221.827.632
Inventory42.444.243.647.758.257.951.356.182.782.5
Other current assets2.322.034.133.773.523.114.66
Total current assets75.579.8123121106108102114137134
Property, plant and equipment10.810.19.828.719.149.2210.711.913.911.6
Lease right-of-use assets02.242.355.35.475.271112.113.911.2
Goodwill0.870.870.870.878.478.4713.715.216.215.3
Intangible assets06.045.946.837.9225.531.7
Other non-current assets0.160.1
Total assets94.799.4140141143145154172213210
Accounts payable6.217.27.45.866.568.37.389.0515.715.6
Accrued liabilities2.832.451.791.372.523.393.923.994.54.98
Deferred revenue0
Short-term debt0.161.16000.410.120.300.941.89
Total current liabilities10.312.916.21218.620.518.321.134.938
Long-term debt1.160
Lease liabilities01.411.613.683.583.659.1210.210.710.3
Total liabilities11.514.417.815.722.92530.346.465.980.8
Total debt1.321.160016.430.4
Paid-in capital75.675.276.877.878.578.579.479.5123129
Retained earnings14.317.651.562.964.865.869.370.750.323.9
Treasury stock-4.525.02-5.02-14.2-19.6-19.9-20-20-20-20
Other comprehensive income-2.25-2.76-1.61-1.5-3.69-4.41-5.36-5.2-6.96-4.25
Shareholders' equity83.285.1122125120120123125147129
Total equity83.285.1122125120120123125147129
Total liabilities and equity94.799.4140141143145154172213210
Shares outstanding8.017.977.987.627.337.367.367.389.59.81

Cash flow statement

FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2023FY2025FY2026
Net income1.463.2835.311.41.875.43-18.1-25.3
Depreciation and amortization0.971.651.971.871.511.92.62.8
Stock-based compensation0.74-0.41.731.671.491.371.563.39
Deferred income tax0.291.333.010.660.08-0.82-4.154.64
Change in receivables-2.551.413.986.73-2.28-0.84-2.64-2.67
Change in inventory0.152.16-0.81-4.41-9.717.74-14.21.77
Change in payables-0.371.090.19-1.530.040.425.98-1.05
Cash from operations1.793.5940.712.8-5.4510.9-15.9-15.8
Capital expenditures-3.1-1.03-1.66-0.8-1.99-2.07-1.54-0.67
Acquisitions-5.45-45.1-6.17
Purchases of investments-2.15-1.120
Cash from investing-3.1-1.03-1.66-3.58-14.8-5.12-47.7-1.18
Debt issued0
Debt repaid-0.150-0.41-0.64-3.2
Stock issued0
Share buybacks-1.17-0.510-9.18-5.44-0.33
Dividends paid-0.91-0.89-1.15
Cash from financing-1.55-0.69-1.28-9.81-5.88-3.4556.612.5
Exchange rate effect-0.090.090.260.73-1.99-1.76-0.71-0.53
Net change in cash-2.961.78380.12-28.10.58-7.75-4.96
Free cash flow-1.322.563912-7.448.84-17.4-16.4
Interest paid0.130.120.020.020.040.061.652.13
Income taxes paid1.671.73.565.323.152.173.223.05

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $10.50 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin32.6%Gross profit / revenue.
Operating margin-4.1%Operating income / revenue.
EBITDA margin-1.3%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-5.3%Pre-tax income / revenue.
Net margin-14.0%Net income / revenue.
FCF margin-0.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-0.4%Cash from operations / revenue.
Return on equity (ROE)-21.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-12.9%Net income / average total assets.
Return on invested capital (ROIC)-4.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue1.6%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.0%Capital expenditures / revenue.
D&A / revenue2.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y15.2%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-7.8%Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-11.9%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-1.2%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y29.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.98xCurrent assets / current liabilities.
Quick ratio1.09x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.39x(Cash + short-term investments) / current liabilities.
Debt / equity0.22xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets13.0%Total debt / total assets.
Liabilities / assets39.4%Total liabilities / total assets.
Net debt$9.0MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-3.50xOperating income / interest expense.
Working capital$90.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets20.4%(Goodwill + intangible assets) / total assets.
Tangible book value$82.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.92xRevenue / average total assets.
Fixed asset turnover16.4xRevenue / average property, plant and equipment.
Inventory turnover1.72xCost of revenue / average inventory.
Days inventory213 days365 x average inventory / cost of revenue.
Receivables turnover5.96xRevenue / average receivables.
Days sales outstanding61 days365 x average receivables / revenue.
Days payables51 days365 x average accounts payable / cost of revenue.
Cash conversion cycle223 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.69Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$19.21Revenue / diluted weighted shares.
FCF per share-$0.07Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.07Cash from operations / diluted weighted shares.
Book value per share$12.62Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$8.37Tangible book value / shares outstanding.
Cash per share$1.81(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$103.6MShare price x shares outstanding.
Enterprise value$112.6MMarket cap + total debt - cash - short-term investments.
P/S0.54xMarket cap / revenue.
P/B0.83xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.25xMarket cap / tangible book value, when positive.
EV/Sales0.59xEnterprise value / revenue.
FCF yield-0.6%Free cash flow / market cap.
Earnings yield-25.8%Net income / market cap (the inverse of P/E).
Dividend yield3.0%Dividends paid over the period / market cap.
Shareholder yield3.0%(Dividends paid + share buybacks) / market cap.
What was LAKELAND INDUSTRIES INC's revenue in fiscal 2026?

LAKELAND INDUSTRIES INC reported revenue of $192.6M for fiscal 2026, 15.2% higher than the year before.

Was LAKELAND INDUSTRIES INC profitable in fiscal 2026?

No. It reported a net loss of $25.3M.

How much free cash flow did LAKELAND INDUSTRIES INC generate in fiscal 2026?

Cash from operations of $15.8M minus capital expenditures of $671.0K left free cash flow of -$16.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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