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LWAYNasdaqDairy ProductsFiscal year ends December 31

Lifeway Foods, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$22.16+0.07 (+0.32%)

Close on Oct 19, 2026

Market cap
$338.80M
P/E (TTM)
31.7
Dividend yield
–

About Lifeway Foods

Dairy Products, SIC 2020

Lifeway Foods, Inc. produces and markets cultured dairy products. Its primary offering is drinkable kefir across multiple sizes, flavors, and milk types, alongside ProBugs kefir designed for children. The company also supplies European-style soft cheeses such as farmer cheese and white cheese, drinkable yogurt, cream, butter, and sour cream under proprietary brand names and private labels. Lifeway manages its operations in one business segment. Its customers comprise grocery chains, specialty retailers, wholesalers, club stores, convenience outlets, mass merchants, foodservice operators, schools, and military installations.

The company is headquartered in Morton Grove, Illinois, where it also maintains production operations. Additional company-operated manufacturing and distribution facilities are located in Niles, Illinois; Waukesha, Wisconsin; and Philadelphia, Pennsylvania, supported by co-packers in California and Ireland. Lifeway distributes primarily across the United States, with international sales reaching Mexico, Central and South America, the Caribbean, France, Ireland, and the Middle East. Its workforce consists of 293 full-time and two part-time employees.

Summary of the business section of Lifeway Foods's latest annual report, written by StockData.

Company profile

Company

Legal name
Lifeway Foods, Inc.
Founded
1986
Headquarters
Morton Grove, IL
Address
6431 W Oakton 60053
Phone
(847) 967-1010
Employees
295, Dec 31, 2025
Industry
Dairy Products
Incorporated in
Illinois
Fiscal year ends
December 31
Auditor
GRANT THORNTON LLP, Chicago, Illinois

Stock & identifiers

Ticker
LWAY
Exchange
Nasdaq
IPO date
Dec 29, 1988
Shares outstanding
15M, Aug 7, 2026
Public float
$132.50M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
2-for-1, Aug 16, 2006; 2-for-1, Mar 9, 2004
SEC CIK
814586
CUSIP
531914109
ISIN
US5319141090
EIN
36-3442829

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Julie SmolyanskyCEO, President and Secretary, Director2,714,095
Eric A. HansonCFO58,890
Amy M. FeldmanSr. Exec VP of Sales19,913
Juan Carlos DaltoDirector4,751
Dorri McWhorterDirector28,842
Jason Scott ScherDirector1
Kirk ChartierDirector–
Susan HultquistDirector–
Andee HarrisDirector–
Rachel DroriDirector–
Pol SikarDirector22,214
Jody LevyDirector26,847
Perfecto SanchezDirector6,107

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Julie Smolyansky
$3.39M$2.91M$948.46K$98–
FY2024
Julie Smolyansky
$5.37M$10.08M$808.61K$185–
FY2023
Julie Smolyansky
$3.37M$5.12M$772.73K$242–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we employed 293 full-time and two part-time employees, of which 97 were members of a union bargaining unit in Illinois.”

Corporate history

Events identified from SEC filings

DateEventDetails
Nov 5, 2024ListingRegistration of securities on an exchange (Form 8-A)
Dec 7, 2022Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 15, 2022Late filingNotification of late filing
Jun 14, 2022Auditor changeChange in certifying accountant (8-K Item 4.01)
May 13, 2022Late filingNotification of late filing
Apr 25, 2022Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 1, 2022Late filingNotification of late filing
Mar 30, 2020Late filingNotification of late filing
Aug 14, 2019Late filingNotification of late filing
May 15, 2019Late filingNotification of late filing
Apr 1, 2019Late filingNotification of late filing
Aug 15, 2018Late filingNotification of late filing
May 15, 2017Late filingNotification of late filing
Apr 3, 2017Late filingNotification of late filing
Nov 10, 2016Late filingNotification of late filing
Aug 12, 2016Late filingNotification of late filing
Mar 16, 2016Late filingNotification of late filing
Sep 15, 2015Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 26, 2015Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 26, 2015Auditor changeChange in certifying accountant (8-K Item 4.01)
May 20, 2015Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 9, 2015Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Mar 16, 2015Late filingNotification of late filing
Nov 7, 2014Late filingNotification of late filing
Jun 30, 2014Auditor changeChange in certifying accountant (8-K Item 4.01)
May 13, 2014Late filingNotification of late filing
Mar 17, 2014Late filingNotification of late filing
Jul 9, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 15, 2012Late filingNotification of late filing
Apr 29, 2009Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)