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
DateValue
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