Lifeway Foods (LWAY) Gross Margin (2010 - 2025)
Lifeway Foods' (LWAY) quarterly Gross Margin came in at 27.75% in Q4 2025, up 240.0% YoY from 8.16% in Q4 2024, and down 3.35% on a QoQ basis from 28.71% in Q3 2025.
Lifeway Foods (LWAY) Gross Margin (2010 - 2025) Analysis & Trends
Lifeway Foods (LWAY) has 16 years of Gross Margin data on file, last reported at 27.75% in Q4 2025.
- Quarterly Gross Margin rose 240.0% year-over-year to 27.75% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 27.39% (up 139.0% YoY) and the FY2025 annual result came in at 27.39%, up 139.0% from the prior year.
- Gross Margin eased to 27.75% in Q4 2025, from 28.71% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 28.75% in Q2 2023 to a low of 16.36% in Q1 2022.
- A 5-year average of 24.54% and a median of 25.79% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 1104 bps — and 2023, when it jumped 1174 bps.
- Tracing LWAY's Gross Margin over 5 years: stood at 19.34% in 2021, then gained by 14 bps to 22.1% in 2022, then grew by 27 bps to 28.01% in 2023, then decreased by 10 bps to 25.35% in 2024, then increased by 9 bps to 27.75% in 2025.
- The last three Gross Margin figures came in at 27.75% (Q4 2025), 28.71% (Q3 2025), and 28.57% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 10.79% |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 38.01% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 17.44% |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 12.92% |
| 10 | Lifeway Foods | 391.40 Mn | 385.83 Mn | 15.36 Mn | 27.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 27.75% |
| Sep 30, 2025 | 28.71% |
| Jun 30, 2025 | 28.57% |
| Mar 31, 2025 | 23.94% |
| Dec 31, 2024 | 25.35% |
| Sep 30, 2024 | 25.74% |
| Jun 30, 2024 | 27.01% |
| Mar 31, 2024 | 25.84% |
| Dec 31, 2023 | 28.01% |
| Sep 30, 2023 | 27.25% |
| Jun 30, 2023 | 28.75% |
| Mar 31, 2023 | 21.70% |
| Dec 31, 2022 | 22.10% |
| Sep 30, 2022 | 19.90% |
| Jun 30, 2022 | 17.01% |
| Mar 31, 2022 | 16.36% |
| Dec 31, 2021 | 19.34% |
| Sep 30, 2021 | 23.66% |
| Jun 30, 2021 | 26.33% |
| Mar 31, 2021 | 27.40% |