NASDAQ NMS - GLOBAL MARKET · Textiles, Apparel & Luxury Goods · CIK 0000798081
$9.23
-1.18% · live
Updated
$90.5M market value
From LAKELAND INDUSTRIES INC's FY2026 10-K, filed Apr 16, 2026 · read the filing
LAKELAND INDUSTRIES makes medical devices and equipment. It took in $192.6M last year, which makes it a smaller company. It spends more than it earns — losing about 13 cents on every dollar of sales.
The financial picture is led by growth, while profitability and debt remain weak.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
A mixed picture — some clear strengths and some weaknesses.
From LAKELAND INDUSTRIES INC's FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
-$9.3M → -$15.5M
Profit
-$18.1M → -$25.3M
Gross margin
41.1% → 32.9%
Long-term debt
$16.4M → $30.4M
Measured against FY2025, from the 10-K filed Apr 16, 2026
Deteriorated: $6.2M wider
-$9.3M to -$15.5MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: $7.2M wider
-$18.1M to -$25.3MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote live), and what was published around it
LAKE fell 1.18% on the latest quote. The average Health Care company tracked here moved +1.62%, and the S&P 500 −1.04%. That is 2.8 points below its sector and in line with the market.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 12.3% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
The essentials
Each answered from the filings, with the numbers behind it.
No. It lost $25.3M last year, losing about 13 cents on every dollar of sales.
Yes, quickly. Sales grew 15.2% last year.
Yes — it carries debt while operations are consuming cash rather than generating it. For every $1 it owes, it owns $2.60 in assets. Its operating profit does not cover its interest bill — -7.22x against the interest it owes.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It paid a dividend while making a loss, so the payment did not come out of profits — it came from reserves, borrowing or asset sales. It has paid in each of the last 3 years.
WeakFigures from the FY2026 annual filing
Last year it lost $25.3M and generated -$15.8M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Apr 16, 2026Filing for FY2026 | FY202510-K · Apr 16, 2026Filing for FY2025 | FY202410-K · Apr 16, 2026Filing for FY2024 | FY202310-K · Apr 11, 2024Filing for FY2023 | FY202210-K · Apr 18, 2023Filing for FY2022 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $192.6M | $167.2M | $124.7M | $112.8M | $118.4M | +15.2% |
| Cost of revenue | $129.3M | $98.5M | $73.5M | $67.0M | $67.5M | +31.2% |
| Gross profit | $63.3M | $68.7M | $51.2M | $45.8M | $50.9M | −7.8% |
| Gross marginGross profit ÷ revenueWhat is this? | 32.9% | 41.1% | 41.1% | 40.6% | 43.0% | −8.2 pts |
| Operating income | -$15.5M | -$9.3M | $6.0M | $5.5M | $16.0M | −67.4% |
| Operating marginOperating income ÷ revenueWhat is this? | -8.1% | -5.5% | 4.8% | 4.9% | 13.6% | −2.5 pts |
| Interest expense | $2.1M | $1.6M | $52.0K | $37.0K | $15.0K | +30.1% |
| Income before tax | -$17.7M | -$18.4M | $9.4M | $5.5M | $16.2M | +3.6% |
| Net income | -$25.3M | -$18.1M | $5.4M | $1.9M | $11.4M | −40.0% |
| Net marginNet income ÷ revenueWhat is this? | -13.1% | -10.8% | 4.4% | 1.7% | 9.6% | −2.3 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $-2.58 | $-1.90 | $0.7366 | $0.2557 | $1.49 | −35.6% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Had shares withheld to cover taxes — 216 shares at $11.40 ($2.5K)
Holds 15,802 shares after this filing.
Had shares withheld to cover taxes — 40 shares at $11.40 ($456.00)
Holds 19,405 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Quarterly report for Q2 FY2027
Operating margin +1.0 pts · Profit turned negative · Profit margin −11.3 pts — against Q2 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingWrite down why you are following LAKELAND INDUSTRIES INC, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
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Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from LAKE's 10-K for fiscal year 2026 (period ending 2026-01-31, filed Apr 16, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 4.7 | 2/9 | 10-K, filed Apr 16, 2026 |
| FY2025 | 4.7 | 2/8 | 10-K, filed Apr 17, 2025 |
| FY2024 | 7.3 | 7/8 | 10-K, filed Apr 11, 2024 |
| FY2023 | 6.0 | 3/8 | 10-K, filed Apr 18, 2023 |
| FY2022 | 6.0 | 5/8 | 10-K, filed Apr 21, 2022 |
| FY2021 | 10.0 | 8/8 | 10-K, filed Apr 16, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
2 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
2.06
In the grey zone
For this model, above 2.99 is safe and below 1.81 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Deteriorated: −8.2 pts
41.1% to 32.9%Critical
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: +85.0%
$16.4M to $30.4MCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Changed: -56.4%
$1.5M to $671.0KCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +15.2%
$167.2M to $192.6MSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Deteriorated: $0.68 wider
-$1.90 to -$2.58Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -28.4%
$17.5M to $12.5MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Changed: +29.9%
$887.0K to $1.2MSignificant
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Deteriorated: -7.8%
$68.7M to $63.3MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: −2.5 pts
-5.5% to -8.1%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −2.3 pts
-10.8% to -13.1%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: $1.0M narrower
-$17.4M to -$16.4MNotable
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Deteriorated: +3.2%
9.5M to 9.8MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q2 FY2027 against Q2 FY2025, from the 10-Q filed Sep 9, 2026 — read it.
Deteriorated: turned negative
$766.0K to -$4.9MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −11.3 pts
1.5% to -9.8%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: turned negative
$0.08 to -$0.50Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: $698.0K narrower
-$4.0M to -$3.3MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +1.1 pts
35.8% to 37.0%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +1.0 pts
-7.7% to -6.7%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: +3.8%
9.6M to 9.9MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q2 FY2027 against Q1 FY2027, from the 10-Q filed Sep 9, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Deteriorated: turned negative
$2.3M to -$3.3MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: turned negative
$369.0K to -$4.9MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −11.5 pts
4.8% to -6.7%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −10.6 pts
0.8% to -9.8%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: turned negative
$0.04 to -$0.50Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +24.6%
$14.9M to $18.5MSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +5.6 pts
31.4% to 37.0%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +5.7%
$47.4M to $50.1MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
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Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Trailing P/E is not meaningful because the latest trailing earnings are zero or negative. The price-to-book and price-to-sales figures below still provide reference points.
This company has not reported enough of the required figures to calculate this score.
Had shares withheld to cover taxes — 609 shares at $11.40 ($6.9K)
Holds 19,930 shares after this filing.
Had shares withheld to cover taxes — 63 shares at $11.03 ($694.89)
Holds 20,539 shares after this filing.
Had shares withheld to cover taxes — 151 shares at $11.03 ($1.7K)
Holds 24,412 shares after this filing.
Had shares withheld to cover taxes — 77 shares at $11.03 ($849.31)
Holds 107,629 shares after this filing.
Had shares withheld to cover taxes — 1,012 shares at $11.03 ($11.2K)
Holds 72,315 shares after this filing.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Had a director or senior officer leave or join · Held a shareholder vote
Quarterly report for Q1 FY2027
Operating margin +14.7 pts · Operating income turned positive · Profit turned positive — against Q1 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2026
Revenue +15.2% · Operating margin −2.5 pts · Operating income $6.2M wider — against FY2025
Read the filingAnnual report for FY2026
Revenue +15.2% · Operating margin −2.5 pts · Operating income $6.2M wider — against FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingSigned a material agreement · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingMade a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q3 FY2026
Operating margin −5.2 pts · Operating income turned negative · Profit turned negative — against Q3 FY2025
Read the filingHad a director or senior officer leave or join · Published results · Made a Regulation FD disclosure · Reported another event
Read the filingReported another event
Read the filingMade a Regulation FD disclosure
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingPrimary sources and further research