Lakeland Industries (LAKE) Gross Margin (2010 - 2026)
Lakeland Industries' (LAKE) quarterly Gross Margin came in at 31.39% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin fell 207.0% year-over-year to 31.39% in Q2 2026; TTM through Apr 2026 was 32.36%, a 830.0% decrease from a year earlier, with the FY2026 full-year figure at 32.87%, down 820.0% from the prior year.
- Gross Margin was 31.39% for Q2 2026 at Lakeland Industries, down from 32.15% in the prior quarter.
- Over five years, Gross Margin peaked at 44.57% in Q2 2024 and troughed at 4.19% in Q1 2022.
- A 5-year average of 36.61% and a median of 41.25% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 2034 bps in 2022 and soared 283 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 43.34% in 2022, then decreased by 1 bps to 42.79% in 2023, then dropped by 3 bps to 41.45% in 2024, then decreased by 28 bps to 29.7% in 2025, then climbed by 6 bps to 31.39% in 2026.
- The last three Gross Margin figures came in at 31.39% (Q2 2026), 32.15% (Q1 2026), and 29.7% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.33 Bn | 17.68 Bn | 635.20 Mn | 47.59% |
| 2 | Lincoln Electric Holdings | 13.64 Bn | 13.40 Bn | 449.00 Mn | 36.81% |
| 3 | Stanley Black & Decker | 13.24 Bn | 12.65 Bn | 1.31 Bn | 32.97% |
| 4 | Vontier | 4.35 Bn | 4.08 Bn | 365.00 Mn | 48.24% |
| 5 | Esab | 4.20 Bn | 3.98 Bn | 307.21 Mn | 38.04% |
| 6 | Brady | 4.05 Bn | 3.87 Bn | 231.13 Mn | 52.90% |
| 7 | Kennametal | 2.23 Bn | 2.14 Bn | 433.56 Mn | 58.86% |
| 8 | Enerpac Tool | 1.82 Bn | 1.70 Bn | 88.78 Mn | 52.99% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 49.53% |
| 10 | Lakeland Industries | 94.97 Mn | 77.55 Mn | 14.89 Mn | 31.39% |
Historic Data
Download Data
Historic 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 | 43.09% |
| 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 | 52.32% |