Lifeway Foods (LWAY) Gross Margin (2010 - 2025)
Lifeway Foods (LWAY) posted Gross Margin of 27.75% for Q4 2025, down 3.35% on a QoQ basis from 28.71% in Q3 2025, and up 240.0% year-over-year from 8.16% in Q4 2024.
Lifeway Foods (LWAY) Gross Margin (2010 - 2025) Analysis & Trends
Lifeway Foods' Gross Margin history runs 16 years deep, the most recent figure standing at 27.75% for 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 was 27.75% for Q4 2025 at Lifeway Foods, down from 28.71% in the prior quarter.
- Across five years, Gross Margin topped out at 28.75% in Q2 2023 and bottomed at 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 tumbled 1104 bps — and 2023, when it jumped 1174 bps.
- Lifeway Foods' Gross Margin stood at 19.34% in 2021, then climbed by 14 bps to 22.1% in 2022, then rose by 27 bps to 28.01% in 2023, then dropped by 10 bps to 25.35% in 2024, then gained by 9 bps to 27.75% in 2025.
- Business Quant data shows LWAY's Gross Margin at 27.75% in Q4 2025, 28.71% in Q3 2025, and 28.57% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Lifeway Foods | 523.92 Mn | 518.35 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% |