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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›LWAY

LWAY

Lifeway Foods, Inc.

Next earnings Aug 10, 2026 · consensus $0.27 EPS, $62.6M rev

Last earnings -4.6% on 2026-05-14

Hold
$29.39
▼ -3.10%
$29.39▲ +20.45%
over 1Y
L $17.80EODHDH $33.82
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-3.1%
1W+11.2%
1M+21.9%
3M+60.6%
YTD+28.9%
1Y+20.5%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
B
Valuation
Undervalued
Filings
Flagged
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 8 analysts
Buy

Revenue grew 13.7% YoY.

Revenue (FY2025) $212M · FY2025

The read

Middling fundamentals offset by an attractive price (~15% below fair value) — worth a look on the value angle.

Lifeway Foods, Inc. shows $212M in FY2025 revenue (+13.7% YoY), a 6.5% net margin, and 16.1% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$119M$142M$160M$187M$212M
Gross profit$28.7M$26.8M$42.4M$48.6M$58.2M
Operating income$5.88M$2.35M$17.0M$13.9M$16.2M
Net income$3.31M$924K$11.4M$9.03M$13.9M
Diluted EPS$0.21$0.06$0.75$0.60$0.89
Net margin2.8%0.7%7.1%4.8%6.5%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$444M
EV / EBITDA22.0
EV / Sales2.1
EV / FCF—
P / FCF—
PEG (trailing)0.62
Earnings yield3.1%
FCF yield-3.7%

Quality & risk

ROIC (est.)14.2%
Free cash flow-$16.4M
Total debt$4.00M
Net cash$1.57M
Altman Z-Score17.42 safe
Piotroski F-Score6/9

Capital returns

Buyback yield0.0%
Dividend yield (est.)0.3%
Shareholder yield0.3%
Shares Δ YoY-0.4%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Red flag in recent filings — agreement terminated (2026-06-05). Worth a closer look.
  1. 8-K Shareholder vote2026-06-18
  2. 8-K Agreement terminated2026-06-05
  3. 8-K Other event2026-06-03
  4. 8-K Material agreement2026-05-14
  5. 8-K Earnings results2026-05-14
  6. 10-Q Quarterly report2026-05-14
  7. DEF 14A Proxy statement2026-04-30
  8. 8-K Earnings results2026-04-01
  9. 10-K Annual report2026-03-17

Recent filings

all on EDGAR ↗
144Filing2026-06-26open ↗4Period ending 2026-06-242026-06-26open ↗4Period ending 2026-06-242026-06-26open ↗144Filing2026-06-24open ↗144Filing2026-06-24open ↗144Filing2026-06-22open ↗4Period ending 2026-06-222026-06-22open ↗8-KPeriod ending 2026-06-172026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-102026-06-11open ↗144Filing2026-06-10open ↗

Quality score

B
ValueGrowthProfitHealthMom.
ValueC
GrowthA
ProfitabilityC+
Financial healthA
Momentum—
  • ✓Revenue growing year-over-year
  • ✓Profitable (positive net income)
  • ✗Net margin above 10%
  • ✓Return on equity above 15%
  • ✓Liabilities below 2× equity
  • ✗P/E below 25

Fair value est.

$33.82

Undervalued +15% vs price

cheapfair valueexpensive

Modified Graham: EPS $0.89 × (8.5 + 1.5 × 22.0% growth) × 1.00 quality = 38.0× multiple. An estimate, not a price target.

Revenue
$212M
+13.7% YoY
Net margin
6.5%
ROE
16.1%
P/E
33.0

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$212M+13.7%
Net income$13.9M+53.6%
Gross profit$58.2M+19.8%
Operating income$16.2M+16.7%
Diluted EPS$0.89+48.3%
Cash & equivalents$5.57M-66.7%
Total assets$106M+16.6%
Total liabilities$19.8M+6.2%
Stockholders' equity$85.8M+19.3%
Gross: 27.4%Op.: 7.6%L/E: 0.23x

Frequently asked

Is Lifeway Foods, Inc. (LWAY) a buy?
LWAY currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Revenue grew 13.7% YoY.
What is LWAY's fair value?
A Modified-Graham model based on LWAY's SEC fundamentals estimates a fair value of about $33.82. It is an estimate from reported earnings, not a price target.
Is LWAY overvalued or undervalued?
Against a Modified-Graham fair-value estimate, LWAY currently appears undervalued relative to its SEC-grounded earnings power.
What is Lifeway Foods, Inc.'s quality score?
LWAY scores 73.17647058823529/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0000814586, latest 10-Q filed 2026-05-14) · EODHD · as of 6/26/2026, 7:16:26 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 4 open-market buys · 7 sales

2026-06-25
SMOLYANSKY LUDMILA
Insider
Sell45.6K @ $29.65$1.35M
2026-06-24
SMOLYANSKY LUDMILA
Insider
Sell40.0K @ $30.12$1.20M
2026-06-24
SMOLYANSKY EDWARD
10% owner
Sell36.7K @ $29.82$1.09M
2026-06-24
SMOLYANSKY EDWARD
10% owner
Sell1.79K @ $30.52$54.7K
2026-06-22
SMOLYANSKY EDWARD
10% owner
Sell50.0K @ $26.20$1.31M
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Exercise6.07K
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Exercise3.40K
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Tax4.01K @ $25.00$100K
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Exercise486.00
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Exercise340.00
2026-06-17
SMOLYANSKY JULIE
CEO, President and Secretary
Tax239.00 @ $25.00$5.97K
2026-06-16
SMOLYANSKY JULIE
CEO, President and Secretary
Exercise12.1K

Dividends

Irregular
Yield (TTM)
—
Annual / share
—
Last ex-date
2013-05-29
Last amount
$0.08
ex 2013-05-29paid 2013-06-28$0.08
ex 2012-05-25paid 2012-06-29$0.07

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-05-14Miss -2.0% est▼ -4.59%8-K ↗
2026-04-01Miss -2.0% est▲ +17.48%8-K ↗
2026-03-17Miss -45.0% est▼ -7.19%8-K ↗
2026-01-08Miss -45.0% est▲ +2.81%8-K ↗
2025-11-12Miss -19.5% est▼ -2.49%8-K ↗
2025-10-06Miss -19.5% est▲ +1.34%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Lifeway removes ‘poison pill’ ahead of shareholders’ meetingBullish
finance.yahoo.com· 2026-06-09
Lifeway removes ‘poison pill’ ahead of shareholders’ meetingBullish
finance.yahoo.com· 2026-06-09
Danone exits stake in Lifeway FoodsBullish
finance.yahoo.com· 2026-05-19
Barfresh: Q1 Revenue Beats Expectations Amid Customer Recovery – Quarterly Update ReportBullish
finance.yahoo.com· 2026-05-18
Danone to sell Lifeway Foods stakeBullish
finance.yahoo.com· 2026-05-18
Danone to sell Lifeway Foods stakeBullish
finance.yahoo.com· 2026-05-18

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score73 vs 67
Revenue growth13.7% vs 7.1%
Net margin6.5% vs 10.5%
Return on equity16.1% vs 12.3%
P/E33.0 vs 25.5

News sentiment

EODHD · 4d
Bullish
+0.07
vs typical · 7 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.