Lifeway Foods (LWAY) Operating Expenses (2010 - 2025)

Lifeway Foods' Operating Expenses history runs 16 years deep, the most recent figure standing at $11.6 million for Q4 2025.

• Quarterly Operating Expenses rose 3.72% year-over-year to $11.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $42.0 million (up 21.06% YoY) and the FY2025 annual result came in at $42.0 million, up 21.06% from the prior year.
• Operating Expenses was $11.6 million for Q4 2025 at Lifeway Foods, up from $11.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $11.6 million in Q4 2025 and bottomed at $5.2 million in Q2 2021.
• A 5-year average of $7.5 million and a median of $6.6 million in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2021 — Operating Expenses decreased 5.59% — and 2024, when it soared 85.2%.
• Lifeway Foods' Operating Expenses stood at $5.6 million in 2021, then grew by 6.7% to $6.0 million in 2022, then grew by 1.34% to $6.0 million in 2023, then surged by 85.2% to $11.2 million in 2024, then gained by 3.72% to $11.6 million in 2025.
• Business Quant data shows LWAY's Operating Expenses at $11.6 million in Q4 2025, $11.4 million in Q3 2025, and $9.6 million in Q2 2025.