Lifeway Foods (LWAY) Operating Expenses (2010 - 2025)
Lifeway Foods' (LWAY) quarterly Operating Expenses came in at $11.6 million in Q4 2025, up 3.72% YoY from $11.2 million in Q4 2024, and up 2.04% on a QoQ basis from $11.4 million in Q3 2025.
Lifeway Foods (LWAY) Operating Expenses (2010 - 2025) Analysis & Trends
Lifeway Foods (LWAY) has 16 years of Operating Expenses data on file, last reported at $11.6 million in 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 grew to $11.6 million in Q4 2025, from $11.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.6 million in Q4 2025 to a low of $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 declined 5.59% — and 2024, when it soared 85.2%.
- Tracing LWAY's Operating Expenses over 5 years: stood at $5.6 million in 2021, then advanced by 6.7% to $6.0 million in 2022, then advanced by 1.34% to $6.0 million in 2023, then soared by 85.2% to $11.2 million in 2024, then increased by 3.72% to $11.6 million in 2025.
- The last three Operating Expenses figures came in at $11.6 million (Q4 2025), $11.4 million (Q3 2025), and $9.6 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Lifeway Foods | 395.28 Mn | 389.70 Mn | 15.36 Mn | 11.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.60 Mn |
| Sep 30, 2025 | 11.37 Mn |
| Jun 30, 2025 | 9.61 Mn |
| Mar 31, 2025 | 9.46 Mn |
| Dec 31, 2024 | 11.18 Mn |
| Sep 30, 2024 | 7.68 Mn |
| Jun 30, 2024 | 7.89 Mn |
| Mar 31, 2024 | 7.97 Mn |
| Dec 31, 2023 | 6.04 Mn |
| Sep 30, 2023 | 6.10 Mn |
| Jun 30, 2023 | 6.51 Mn |
| Mar 31, 2023 | 6.79 Mn |
| Dec 31, 2022 | 5.96 Mn |
| Sep 30, 2022 | 6.39 Mn |
| Jun 30, 2022 | 5.46 Mn |
| Mar 31, 2022 | 6.63 Mn |
| Dec 31, 2021 | 5.59 Mn |
| Sep 30, 2021 | 5.95 Mn |
| Jun 30, 2021 | 5.18 Mn |
| Mar 31, 2021 | 6.11 Mn |