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

Lifeway Foods (LWAY) has reported Operating Expenses for 16 consecutive years, with $11.6 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 3.72% year-over-year to $11.6 million; the trailing twelve-month figure through Dec 2025 stood at $42.0 million (up 21.06% YoY), and the FY2025 full-year result was $42.0 million, up 21.06% from the prior year.
• Operating Expenses improved to $11.6 million in Q4 2025 per LWAY's latest filing, 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.
• Historically, Operating Expenses has averaged $7.5 million across 5 years, with a median of $6.6 million in 2022.
• The sharpest annual moves came in 2021 and 2024: Operating Expenses fell 5.59% in 2021, then jumped 85.2% in 2024.
• Over 5 years, 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.
• According to Business Quant data, Operating Expenses over the past three periods registered $11.6 million, $11.4 million, and $9.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.