---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001888"
form_type: "8-K"
ticker: "LWAY"
cik: "0000814586"
company_name: "Lifeway Foods, Inc."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T11:14:46.552101+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lifeway Foods reports record FY2025 net sales of $212.5M, up 13.7%; net income +54%

## Summary
- FY2025 net sales $212.5M (highest ever), up 13.7% YoY; 19% on comparable basis after strategic exit.
- FY2025 net income $13.9M ($0.89 diluted EPS) vs $9.0M ($0.60 diluted EPS) in FY2024.
- Full-year gross margin 27.4%, up 140 bps from 26.0%; Q4 gross margin 27.8% (+250 bps).
- Q4 net sales $55.4M, up 18.0% YoY; net income $2.5M vs net loss of $0.2M a year ago.
- Reiterated long-term target of $45–50M adjusted EBITDA for FY2027; projects record sales in FY2026.

## SEC filing metadata
- accession: 0001683168-26-001888
- form_type: 8-K
- ticker: LWAY
- cik: 0000814586
- company_name: Lifeway Foods, Inc.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814586/000168316826001888/0001683168-26-001888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814586/000168316826001888/lifeway_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001888
- JSON: https://secwatch.observer/filing/0001683168-26-001888.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001888.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.