Lakeland Industries (LAKE) Gross Margin (2010 - 2026)
Lakeland Industries (LAKE) posted quarterly Gross Margin of 31.39% for Q2 2026, down 207.0% year-over-year from 29.34% in Q2 2025, and down 2.36% quarter-over-quarter from 32.15% in Q1 2026.
Lakeland Industries (LAKE) Gross Margin (2010 - 2026) Analysis & Trends
Lakeland Industries (LAKE) has reported Gross Margin for 17 consecutive years, with 31.39% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 207.0% year-over-year to 31.39%; the TTM figure through Apr 2026 stood at 32.36% (down 830.0% YoY), while the FY2026 annual figure was 32.87%, down 820.0% from the prior year.
- Gross Margin fell to 31.39% in Q2 2026 per LAKE's latest filing, from 32.15% in the prior quarter.
- Across five years, Gross Margin topped out at 44.57% in Q2 2024 and bottomed at 4.19% in Q1 2022.
- Historically, Gross Margin has averaged 36.61% across 5 years, with a median of 41.25% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin sank 2034 bps — and 2023, when it jumped 283 bps.
- Lakeland Industries' Gross Margin stood at 43.34% in 2022, then dropped by 1 bps to 42.79% in 2023, then fell by 3 bps to 41.45% in 2024, then dropped by 28 bps to 29.7% in 2025, then increased by 6 bps to 31.39% in 2026.
- Business Quant data shows LAKE's Gross Margin at 31.39% in Q2 2026, 32.15% in Q1 2026, and 29.7% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 73.69% |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 29.05% |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 62.68% |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | 54.93% |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 56.18% |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 58.57% |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | 58.34% |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | 75.20% |
| 10 | Lakeland Industries | 110.75 Mn | 93.33 Mn | 14.89 Mn | 31.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 31.39% |
| Jan 31, 2026 | 32.15% |
| Oct 31, 2025 | 29.70% |
| Jul 31, 2025 | 35.85% |
| Apr 30, 2025 | 33.47% |
| Oct 31, 2024 | 41.45% |
| Jul 31, 2024 | 41.99% |
| Apr 30, 2024 | 44.57% |
| Oct 31, 2023 | 42.79% |
| Jul 31, 2023 | 43.11% |
| Apr 30, 2023 | 43.36% |
| Oct 31, 2022 | 43.34% |
| Jul 31, 2022 | 41.25% |
| Apr 30, 2022 | 40.53% |
| Jan 31, 2022 | 4.19% |
| Oct 31, 2021 | 42.52% |
| Jul 31, 2021 | 46.80% |
| Apr 30, 2021 | 43.34% |
| Jan 31, 2021 | 24.53% |
| Oct 31, 2020 | 30.32% |