Lifeway Foods, Inc. announced record financial results for the second quarter ended June 30, 2025, with net sales reaching $53.9 million, marking its highest quarter ever. This represents an 18% volume-led net sales increase on a comparable basis, extending nearly six years of uninterrupted net sales growth.
The company achieved significant gross margin expansion, increasing by 160 basis points year-over-year and over 460 basis points sequentially. Net income for Q2 2025 grew to $4.2 million, or $0.28 per diluted share, demonstrating double-digit diluted EPS gains year-over-year.
Momentum has continued into the third quarter, with unaudited estimated net sales for Q3 to date through August 11, 2025, reaching $26.4 million, an increase of over 20% year-over-year. Lifeway reiterated its long-term target of $45–$50 million in Adjusted EBITDA for fiscal year 2027, expressing confidence in delivering the strongest annual sales in company history in 2025.
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