Lamb WestonLWEarnings & Financial Report
Lamb Weston Holdings, Inc. is an American food processing company that is one of the world's largest producers and processors of frozen french fries, waffle fries, and other frozen potato products. It is headquartered in Eagle, Idaho, a suburb of Boise.
Revenue
$1.7B
Gross Profit
$342.4M
Operating Profit
$156.5M
Net Profit
$64.3M
Gross Margin
20.6%
Operating Margin
9.4%
Net Margin
3.9%
YoY Growth
0.3%
EPS
$0.46
Lamb Weston Q1 FY2026 Financial Summary
Lamb Weston reported revenue of $1.7B (up 0.3% YoY) for Q1 FY2026, with a net profit of $64.3M (down 49.5% YoY) (3.9% margin). Cost of goods sold was $1.3B, operating expenses totaled $185.9M.
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $64.3M |
| Gross Margin | 20.6% |
| Operating Margin | 9.4% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Lamb Weston Q1 FY2026 revenue of $1.7B breaks down across 3 segments, led by Segments North America at $1.0B (62.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Segments North America | $1.0B | 62.4% |
| Segments International | $529.8M | 31.9% |
| Other | $94.5M | 5.7% |
Lamb Weston Revenue by Segment — Quarterly Trend
Lamb Weston revenue by segment across the last 4 reported quarters, showing how each business line (such as Segments North America and Segments International) has evolved quarter over quarter.
| Segment | Q2 FY2027 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|---|
| Segments North America | — | $1.0B | $1.1B | $1.0B |
| Segments International | — | $529.8M | $548.6M | $529.8M |
| Other | — | — | — | $94.5M |
Lamb Weston Annual Revenue by Year
Lamb Weston annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.5B |
| 2024 | $6.5B |
| 2023 | $5.4B |
| 2022 | $4.1B |
Lamb Weston Quarterly Revenue & Net Profit History
Lamb Weston results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2027 | $1.6B | -67.7% | $54.0M | 3.5% |
| Q3 FY2026 | $1.6B | +2.9% | $54.0M | 3.5% |
| Q2 FY2026 | $1.6B | +1.1% | $62.1M | 3.8% |
| Q1 FY2026 | $1.7B | +0.3% | $64.3M | 3.9% |
| Q4 FY2025 | $1.7B | +4.0% | $119.9M | 7.2% |
| Q3 FY2025 | $1.5B | +4.3% | $146.0M | 9.6% |
| Q2 FY2025 | $1.6B | -7.6% | $-36.1M | -2.3% |
| Q1 FY2025 | $1.7B | -0.7% | $127.4M | 7.7% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.60B | $1.52B | $1.68B | $1.66B | $1.62B | $1.56B | $1.56B |
| YoY Growth | -0.7% | -7.6% | 4.3% | 4.0% | 0.3% | 1.1% | 2.9% | -67.7% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.51B | $7.45B | $7.42B | $7.39B | $7.24B | $7.33B | $7.39B | $7.39B |
| Liabilities | $5.68B | $5.82B | $5.79B | $5.65B | $5.45B | $5.58B | $5.57B | $5.57B |
| Equity | $1.84B | $1.63B | $1.63B | $1.74B | $1.79B | $1.75B | $1.83B | $1.83B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $330.2M | $99.1M | $56.0M | $868.3M | $352.0M | $178.4M | $65.2M | $595.6M |