For 2025, gross profit margin was 27.4%, up 140 basis points from 26% last year. Net income came in at $13.9 million, or $0.91 per basic and $0.89 per diluted common share, compared to $9 million, or $0.61 per basic and $0.60 per diluted common share in the prior year.
With the 2026 Winter Olympics taking place this month and the upcoming FIFA World Cup, cultured dairy is playing an important part in athletes' training and recovery. Protein-packed products are in high demand.
Dairy Foods will feature Lifeway in the December 2025 issue of the magazine and the brand will be honored with a physical award at IDFA Dairy Forum in January 2026.
Net sales for the first quarters ending March 31 were $46.1, an increase of $1.5 million or 3.3% from the same period in 2024. Net income was $3.5 million or $0.23 per basic and diluted common share for the first quarter ended March 31, 2025.