Lifeway Foods (LWAY) Cost of Revenue (2010 - 2025)

Lifeway Foods (LWAY) has reported Cost of Revenue for 16 consecutive years, with $40.0 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue rose 14.16% year-over-year to $40.0 million; the trailing twelve-month figure through Dec 2025 stood at $154.3 million (up 11.61% YoY), and the FY2025 full-year result was $154.3 million, up 11.61% from the prior year.
• Cost of Revenue eased to $40.0 million in Q4 2025 per LWAY's latest filing, from $40.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $40.7 million in Q3 2025 and bottomed at $21.3 million in Q1 2021.
• Historically, Cost of Revenue has averaged $30.8 million across 5 years, with a median of $30.0 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 35.43% in 2022, then retreated 2.62% in 2023.
• Over 5 years, Cost of Revenue stood at $25.0 million in 2021, then grew by 11.74% to $27.9 million in 2022, then rose by 8.54% to $30.3 million in 2023, then grew by 15.63% to $35.0 million in 2024, then increased by 14.16% to $40.0 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $40.0 million, $40.7 million, and $38.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.