LENDWAY, INC.

LENDWAY, INC.LDWYEarnings & Financial Report

Nasdaq · Agricultural Production-Crops

LDWY Q2 FY2026 Key Financial Metrics

Revenue

$6.7M

Gross Profit

$484.0K

Operating Profit

$-2.3M

Net Profit

$-2.3M

Gross Margin

7.2%

Operating Margin

-34.0%

Net Margin

-33.8%

YoY Growth

-60.2%

EPS

$-1.29

LENDWAY, INC. Q2 FY2026 Financial Summary

LENDWAY, INC. reported revenue of $6.7M (down 60.2% YoY) for Q2 FY2026, with a net profit of $-2.3M (down 0.3% YoY) (-33.8% margin). Cost of goods sold was $6.3M, operating expenses totaled $2.8M.

Key Financial Metrics

Total Revenue$6.7M
Net Profit$-2.3M
Gross Margin7.2%
Operating Margin-34.0%
Report PeriodQ2 FY2026

Revenue Breakdown

LENDWAY, INC. Q2 FY2026 revenue of $6.7M breaks down across 2 segments, led by Supermarket Customers at $5.7M (84.8% of total).

SegmentRevenue% of Total
Supermarket Customers$5.7M84.8%
Wholesaler Customers$1.0M15.2%

LENDWAY, INC. Revenue by Segment — Quarterly Trend

LENDWAY, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Supermarket Customers and Wholesaler Customers) has evolved quarter over quarter.

SegmentQ2 FY2026Q1 FY2026Q3 FY2025Q1 FY2025
Supermarket Customers$5.7M$4.9M$10.7M
Wholesaler Customers$1.0M$1.7M

LENDWAY, INC. Annual Revenue by Year

LENDWAY, INC. annual revenue history includes year-by-year totals (for example, 2023 revenue was $9.4M).

YearAnnual Revenue
2023$9.4Mvs 2022
2022$17.4Mvs 2021

LENDWAY, INC. Quarterly Revenue & Net Profit History

LENDWAY, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 FY2026$6.7M-60.2%$-2.3M-33.8%
Q1 FY2026$5.2M-22.3%$-2.9M-55.4%
Q3 FY2025$12.4M+54.9%$449.0K3.6%
Q1 FY2025$6.6M$-1.1M-17.0%
Q4 FY2024$16.8M$-534.0K-3.2%
Q3 FY2024$8.0M$-1.2M-14.5%
Q1 FY2024$0$1.1MN/A
Q4 FY2023$0$-36.0KN/A

Income Statement

Q4 2023Q1 2024Q3 2024Q4 2024Q1 2025Q3 2025Q1 2026Q2 2026
Revenue$0$0$8.0M$16.8M$6.6M$12.4M$5.2M$6.7M
YoY GrowthN/AN/AN/AN/AN/A54.9%-22.3%-60.2%

Balance Sheet

Q4 2023Q1 2024Q3 2024Q4 2024Q1 2025Q3 2025Q1 2026Q2 2026
Assets$19.8M$17.6M$106.8M$95.9M$102.5M$100.5M$105.0M$105.6M
Liabilities$4.7M$1.7M$92.3M$82.1M$89.7M$90.2MN/AN/A
Equity$15.1M$15.9M$14.5M$13.8M$12.8M$10.3M$9.3M$7.1M

Cash Flow

Q4 2023Q1 2024Q3 2024Q4 2024Q1 2025Q3 2025Q1 2026Q2 2026
Operating CF$837000$2.4M$1.5M$3.5M$-7.6M$1.7M$-9.9M$-1.5M