Lifeway Foods (LWAY) Cost of Revenue (2010 - 2025)
Lifeway Foods (LWAY) posted Cost of Revenue of $40.0 million for Q4 2025, little changed on a QoQ basis from $39.8 million in Q3 2025, and up 146.3% year-over-year from $16.2 million in Q4 2024.
Lifeway Foods (LWAY) Cost of Revenue (2010 - 2025) Analysis & Trends
Lifeway Foods' Cost of Revenue history runs 16 years deep, the most recent figure standing at $40.0 million for Q4 2025.
- Quarterly Cost of Revenue rose 146.3% year-over-year to $40.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $118.8 million (up 356.07% YoY) and the FY2025 annual result came in at $154.3 million, up 946.53% from the prior year.
- Cost of Revenue was $40.0 million for Q4 2025 at Lifeway Foods, roughly flat from $39.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $103.8 million in Q4 2022 and bottomed at -$86.4 million in Q4 2024.
- A 5-year average of $17.3 million and a median of $21.9 million in 2021 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 983.16% — and 2024, when it plunged 3182.94%.
- Lifeway Foods' Cost of Revenue stood at $25.0 million in 2021, then jumped by 315.57% to $103.8 million in 2022, then sank by 97.3% to $2.8 million in 2023, then plunged by 3182.94% to -$86.4 million in 2024, then soared by 146.3% to $40.0 million in 2025.
- Business Quant data shows LWAY's Cost of Revenue at $40.0 million in Q4 2025, $39.8 million in Q3 2025, and $4.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 3.83 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 3.01 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 2.45 Bn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 1.16 Bn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 3.29 Bn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 1.15 Bn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 151.99 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 2.18 Bn |
| 10 | Lifeway Foods | 463.07 Mn | 457.50 Mn | 15.36 Mn | 40.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 40.00 Mn |
| Dec 31, 2025 | 40.00 Mn |
| Sep 30, 2025 | 39.82 Mn |
| Sep 30, 2025 | 39.82 Mn |
| Jun 30, 2025 | 4.72 Mn |
| Jun 30, 2025 | 4.72 Mn |
| Mar 31, 2025 | 34.25 Mn |
| Mar 31, 2025 | 34.25 Mn |
| Dec 31, 2024 | -86.38 Mn |
| Dec 31, 2024 | -86.38 Mn |
| Sep 30, 2024 | 3.98 Mn |
| Sep 30, 2024 | 3.98 Mn |
| Jun 30, 2024 | 3.58 Mn |
| Jun 30, 2024 | 3.58 Mn |
| Mar 31, 2024 | 32.44 Mn |
| Mar 31, 2024 | 32.44 Mn |
| Dec 31, 2023 | 2.80 Mn |
| Dec 31, 2023 | 2.80 Mn |
| Sep 30, 2023 | 2.88 Mn |
| Sep 30, 2023 | 2.88 Mn |