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Landec Corporation LNDC
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Quarterly report 2026-Q1
added 05-06-2026

Landec Corporation Income Statement 2025-2009 | LNDC

Brief overview of revenue and earnings at Landec Corporation

The conclusions below are based on five years of reported results. The revenue attributed to Landec Corporation moved from 39.9 million dollars to 75.5 million dollars between the two endpoints. The five-year change reached +89.1%, while CAGR stood at 13.6%. Revenue followed a strong upward trend without signs of stagnation.

Gross profit changed from $13.6 million to $23.7 million (+74.2%). Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. Gross profit as a share of revenue changed from 34% to 31.4%. The business retained less gross profit from each unit of revenue.

EBITDA changed from −7 million dollars to 7.3 million dollars (+203.6%). EBITDA expanded faster than the top line. Comparing the endpoints gives EBITDA margins of −17.6% and 9.7%. Higher profitability strengthens the quality of operating growth.

The net financial result changed from −$38.2 million to −$18 million. The direction improved, yet positive earnings are still absent.

The market value of the business moved from 311 million dollars to 330 million dollars, or +6.1%. The financial trend was stronger than the market valuation.

Summary assessment

The five-year picture requires weighing both strengths and weaknesses. The financial profile benefits from improving net profitability, a larger revenue base and an improving EBITDA margin. The overall view is constrained by a lower gross margin. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Landec Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Market Cap

330 M 290 M 265 M 260 M 315 M 311 M 271 M 424 M 387 M 282 M 389 M 312 M 357 M 214 M 167 M - -

Shares

37.4 M 32.9 M 30 M 29.5 M 29.3 M 29.2 M 28.4 M 27.5 M 27.3 M 27 M 27 M 26.6 M 25.8 M 25.8 M 26.4 M 26.4 K -

Historical Prices

8.83 8.83 8.83 8.83 10.8 10.7 11.2 12.7 13.2 12.6 12 12.8 10.8 11.8 6.03

Net Income

-18 M 12 M -99.6 M -117 M -38.5 M -38.2 M 411 K 24.8 M 10.6 M -11.6 M 13.5 M 19.1 M 22.6 M 12.7 M 3.9 M 3.98 M -

Revenue

75.5 M 63 M 103 M 111 M 43.5 M 39.9 M 558 M 524 M 470 M 477 M 539 M 477 M 442 M 318 M 277 M 238 M -

Cost of Revenue

51.8 M 46.6 M 75.3 M 72.2 M 121 M 121 M 477 M 446 M 391 M 410 M - - 379 M 265 M 230 M 204 M -

Gross Profit

23.7 M 16.3 M 28 M 39.1 M 14.6 M 13.6 M 81 M 78.3 M 79.2 M 66.8 M 65.4 M 62.6 M 62.8 M 52.2 M 46.7 M 33.8 M -

Operating Income

-733 K -19.2 M -21.8 M -11.8 M -134 K -25.9 M 5.48 M 13.6 M 14.7 M -20.6 M 18.5 M 20.2 M 24.9 M 14.6 M 8.03 M 7.98 M -

Interest Expense

256 K -215 K 17.6 M 3.62 M 10.4 M 4.65 M 1.6 M 2.9 M 900 K 1.99 M 1.83 M 1.65 M 2.01 M 929 K 820 K 88 K -

EBITDA

7.29 M -11.3 M -8.62 M 6.27 M 19.7 M -7.04 M 20.7 M 26 M 24.1 M -11.2 M 25.6 M 27.3 M 32.2 M 20.2 M 13.3 M 11.3 M -

Operating Expenses

- 50.7 M 49.8 M 50.9 M 50.6 M 65.3 M 75.5 M 64.8 M 65.8 M 87.4 M 46.9 M 42.4 M 37.9 M 37.6 M 38.7 M 25.8 M -

General and Administrative Expenses

19.5 M 30.8 M 39 M 34.7 M 37.7 M 40.7 M 58.8 M 52 M 52.5 M 46.2 M 40 M 35.2 M 32.5 M 26.5 M 24.6 M 17.7 M -

All numbers in USD currency

Quarterly Income Statement Landec Corporation

2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

37.5 M 37.4 M 37 M 37 M 34.4 M 30.9 M 30.6 M 30.5 M 30.5 M 30.4 M 30.3 M 30.3 M 29.6 M 29.6 M 29.5 M 29.5 M 29.5 M 29.4 M 29.4 M 29.3 M 29.3 M 29.2 M 29.3 M 29.2 M 29.2 M 29.1 M 29.2 M 29.1 M 27.8 M 27.7 M 27.8 M 27.7 M 27.5 M 27.5 M 27.5 M 27.5 M 27.2 M 27.2 M 27.2 M 27.2 M 27 M 27 M 27 M 27 M 26.9 M 26.8 M 26.9 M 26.8 M 26.6 M 26.5 M 26.6 M 26.5 M 25.7 M 25.7 M 25.7 K 25.7 K 25.9 K 26.4 K 25.9 M 26.4 M

Net Income

-15 M -9.99 M - -14.8 M -6.57 M -16.2 M - 15.6 M 14.2 M -10.8 M - -36.5 M -12.8 M -11 M - -13.1 M -38.5 M -9.51 M -38.4 M -9.48 M -13.3 M -13.3 M -13.3 M -11 M -6.74 M -6.74 M -6.74 M -4.78 M -584 K 190 K -584 K 190 K 487 K 2.15 M 487 K 2.15 M 1.33 M 3.31 M 1.33 M 3.31 M 1.87 M 2.95 M 1.87 M 2.95 M 3.22 M 2.35 M 3.22 M 2.35 M 3.45 M 4.75 M 3.45 M 4.75 M 8.91 M 4.37 M 8.91 M 4.37 M 3.34 M 1.81 M 3.34 M 1.81 M

Revenue

23.2 M 31.1 M - 35.2 M 32.6 M 24.7 M - 35.7 M 30.2 M 24.5 M - 26.5 M 21.9 M 23.7 M 29.5 M 37.4 M 43.5 M -9.48 M 258 M 44.7 M 131 M 136 M 131 M 136 M 143 M 139 M 153 M 156 M 125 M 125 M 141 M 149 M 136 M 123 M 260 M 137 M 136 M 132 M 136 M 132 M 140 M 135 M 140 M 135 M 133 M 134 M 133 M 134 M 120 M 109 M 230 M 118 M 115 M 102 M 115 M 102 M 81.6 M 73.3 M 81.6 M 73.3 M

Cost of Revenue

18.7 M 23.3 M - 25.3 M 21.5 M 19.3 M - 23.8 M 20.2 M 21.8 M - 18 M 16.2 M 17.7 M - 24.5 M 116 M 31.2 M 228 M 30.2 M 110 M 119 M 110 M 119 M 127 M 123 M 127 M 123 M 108 M 108 M 108 M 108 M 108 M 97 M - - - - - - - - - - - - - 106 M 106 M 96.9 M 203 M 100 M 96.2 M 88.3 M 96.2 M 88.3 M 68.6 M 62.1 M 68.6 M 62.1 M

Gross Profit

4.46 M 7.79 M - 9.84 M 11.1 M 5.39 M - 11.9 M 9.96 M 2.73 M - 8.55 M 5.68 M 5.98 M - 12.9 M 13 M 10.4 M 30.5 M 14.4 M 20.6 M 16.3 M 20.6 M 16.3 M 15.5 M 15.3 M 15.5 M 15.3 M 16.9 M 16.3 M 16.6 M 16.3 M 14.9 M 18.8 M 15.8 M 19.3 M 17.1 M 20.1 M 19 M 21.1 M 17.3 M 18 M 17.3 M 18 M 15.7 M 14.2 M 15.7 M 14.2 M 13.7 M 12.5 M 13.7 M 12.5 M 18.5 M 13.8 M 18.5 M 13.8 M 13 M 11.2 M 13 M 11.2 M

Operating Income

-4.67 M -3.07 M - -9.03 M -1.96 M -11.6 M - -895 K -1.48 M -8.61 M - -6.53 M -5.35 M -3.27 M - -8.57 M -37 M -2.74 M -40.8 M 2.44 M -1.47 M -12.5 M -1.47 M -12.5 M -6.04 M -4.38 M -6.04 M -4.38 M 10 K -257 K -606 K -447 K -695 K 2.72 M -554 K 2.52 M 3.26 M 5.47 M 3.26 M 5.47 M 2.81 M 3.94 M 2.81 M 3.94 M 3.89 M 3.53 M 3.89 M 3.53 M 3.18 M 1.98 M 3.18 M 1.98 M 11.1 M 3 M 11.1 M 3 M 4.21 M 2.87 M 4.21 M 2.87 M

Interest Expense

110 K 110 K - 333 K -304 K -203 K - -814 K -967 K -170 K - 104 K -237 K -198 K - 4.1 M 4.33 M 6.68 M 12.2 M 2.94 M 3.04 M 3.11 M 3.04 M 3.11 M 2.17 M 2.08 M - 1.77 M 600 K 1 M 1.6 M 1 M 1.3 M 900 K 1.3 M 900 K - 653 K - 484 K 439 K 502 K 941 K 502 K 472 K 383 K 472 K 383 K 436 K 431 K 436 K 431 K 498 K 541 K 498 K 541 K 163 K 176 K 163 K 176 K

EBITDA

-2.36 M -1.09 M - -6.95 M 85 K -9.59 M - 1.11 M 504 K -6.45 M - - -5.35 M 1.08 M - -8.57 M -37 M 2.31 M -29.9 M 2.44 M -1.47 M -7.37 M 8.36 M -7.37 M -6.04 M 123 K 2.99 M 123 K 3.32 M 2.89 M 5.85 M 2.7 M 2.28 M 5.68 M 2.43 M 5.48 M 5.81 M 8.02 M 5.82 M 8.02 M 4.94 M 6.15 M 4.94 M 6.15 M 5.72 M 5.05 M 5.72 M 5.05 M 5.12 M 3.82 M 6.96 M 3.82 M 11.1 M 4.86 M 14.8 M 4.86 M 4.21 M 4.23 M 6.94 M 4.23 M

Operating Expenses

- - - - 13 M 17 M - 12.8 M 11.4 M 11.3 M - 15.1 M 11 M 9.25 M - 21.4 M 50 M 13.2 M 71.3 M 12 M 22.1 M 28.8 M 22.1 M 28.8 M 21.6 M 19.7 M 21.6 M 19.7 M 16.9 M 16.6 M 17.2 M 16.8 M 15.6 M 16.1 M 16.3 M 16.8 M 15.7 M 15.7 M 15.7 M 15.7 M 14.5 M 14 M 14.5 M 14 M 11.8 M 10.7 M 11.8 M 10.7 M 10.6 M 10.6 M 10.6 M 10.6 M 7.37 M 10.8 M 7.37 M 10.8 M 8.8 M 8.38 M 8.8 M 8.38 M

General and Administrative Expenses

7.92 M 8.9 M - 10.1 M 11.1 M 14.8 M - 9.85 M 9.34 M 9.2 M - 10.3 M 8.29 M 8.1 M - 14.2 M 13.8 M 9.47 M 29.8 M 8.13 M 16.1 M 17.9 M 16.1 M 17.9 M 18.7 M 16.9 M 18.7 M 16.9 M 14.4 M 13.8 M 14.7 M 14 M 12.2 M 13.4 M 12.9 M 14 M 13.7 M 13.7 M 13.7 M 13.7 M 12.8 M 12.2 M 12.8 M 12.2 M 9.95 M 8.86 M 9.95 M 8.86 M 8.64 M 8.63 M 8.64 M 8.63 M 9.19 M 8.56 M 9.19 M 8.56 M 6.46 M 6.04 M 6.46 M 6.04 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Landec Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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