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Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.

Lifeway Foods, Inc. is the larger business by last-quarter revenue ($55.4M vs $47.3M, roughly 1.2× Mama's Creations, Inc.). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs 1.1%, a 3.4% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 18.0%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-17.4M). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs 11.4%).

Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

LWAY vs MAMA — Head-to-Head

Bigger by revenue
LWAY
LWAY
1.2× larger
LWAY
$55.4M
$47.3M
MAMA
Growing faster (revenue YoY)
MAMA
MAMA
+32.0% gap
MAMA
50.0%
18.0%
LWAY
Higher net margin
LWAY
LWAY
3.4% more per $
LWAY
4.6%
1.1%
MAMA
More free cash flow
MAMA
MAMA
$21.1M more FCF
MAMA
$3.7M
$-17.4M
LWAY
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
11.4%
LWAY

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LWAY
LWAY
MAMA
MAMA
Revenue
$55.4M
$47.3M
Net Profit
$2.5M
$540.0K
Gross Margin
27.8%
23.6%
Operating Margin
6.8%
1.7%
Net Margin
4.6%
1.1%
Revenue YoY
18.0%
50.0%
Net Profit YoY
1688.1%
31.7%
EPS (diluted)
$0.15
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LWAY
LWAY
MAMA
MAMA
Q4 25
$55.4M
$47.3M
Q3 25
$57.1M
$35.2M
Q2 25
$53.9M
$35.3M
Q1 25
$46.1M
$33.6M
Q4 24
$46.9M
$31.5M
Q3 24
$46.1M
$28.4M
Q2 24
$49.2M
$29.8M
Q1 24
$44.6M
$26.7M
Net Profit
LWAY
LWAY
MAMA
MAMA
Q4 25
$2.5M
$540.0K
Q3 25
$3.5M
$1.3M
Q2 25
$4.2M
$1.2M
Q1 25
$3.5M
$1.6M
Q4 24
$-160.0K
$410.0K
Q3 24
$3.0M
$1.1M
Q2 24
$3.8M
$553.0K
Q1 24
$2.4M
$1.4M
Gross Margin
LWAY
LWAY
MAMA
MAMA
Q4 25
27.8%
23.6%
Q3 25
28.7%
24.9%
Q2 25
28.6%
26.1%
Q1 25
23.9%
27.0%
Q4 24
25.3%
22.6%
Q3 24
25.7%
24.2%
Q2 24
27.0%
25.0%
Q1 24
25.8%
29.3%
Operating Margin
LWAY
LWAY
MAMA
MAMA
Q4 25
6.8%
1.7%
Q3 25
8.8%
4.8%
Q2 25
10.8%
4.5%
Q1 25
3.4%
5.7%
Q4 24
1.5%
1.8%
Q3 24
9.1%
5.7%
Q2 24
11.0%
2.6%
Q1 24
8.0%
7.4%
Net Margin
LWAY
LWAY
MAMA
MAMA
Q4 25
4.6%
1.1%
Q3 25
6.2%
3.6%
Q2 25
7.9%
3.5%
Q1 25
7.7%
4.8%
Q4 24
-0.3%
1.3%
Q3 24
6.5%
4.0%
Q2 24
7.7%
1.9%
Q1 24
5.4%
5.3%
EPS (diluted)
LWAY
LWAY
MAMA
MAMA
Q4 25
$0.15
$0.01
Q3 25
$0.23
$0.03
Q2 25
$0.28
$0.03
Q1 25
$0.23
$0.04
Q4 24
$0.00
$0.01
Q3 24
$0.19
$0.03
Q2 24
$0.25
$0.01
Q1 24
$0.16
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LWAY
LWAY
MAMA
MAMA
Cash + ST InvestmentsLiquidity on hand
$5.6M
$18.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.8M
$49.6M
Total Assets
$105.6M
$84.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
MAMA
MAMA
Q4 25
$5.6M
$18.1M
Q3 25
$23.0M
$9.4M
Q2 25
$21.2M
$12.0M
Q1 25
$19.4M
$7.2M
Q4 24
$16.7M
$9.3M
Q3 24
$20.6M
$7.4M
Q2 24
$14.6M
$13.0M
Q1 24
$12.0M
$11.0M
Total Debt
LWAY
LWAY
MAMA
MAMA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$2.5M
Stockholders' Equity
LWAY
LWAY
MAMA
MAMA
Q4 25
$85.8M
$49.6M
Q3 25
$82.8M
$29.6M
Q2 25
$78.7M
$26.4M
Q1 25
$74.2M
$24.9M
Q4 24
$71.9M
$23.0M
Q3 24
$71.5M
$22.3M
Q2 24
$68.0M
$20.3M
Q1 24
$63.5M
$19.6M
Total Assets
LWAY
LWAY
MAMA
MAMA
Q4 25
$105.6M
$84.0M
Q3 25
$109.5M
$51.2M
Q2 25
$98.3M
$52.7M
Q1 25
$93.7M
$47.1M
Q4 24
$90.5M
$47.9M
Q3 24
$91.3M
$43.0M
Q2 24
$84.9M
$47.2M
Q1 24
$82.8M
$45.1M
Debt / Equity
LWAY
LWAY
MAMA
MAMA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LWAY
LWAY
MAMA
MAMA
Operating Cash FlowLast quarter
$267.0K
$3.9M
Free Cash FlowOCF − Capex
$-17.4M
$3.7M
FCF MarginFCF / Revenue
-31.5%
7.8%
Capex IntensityCapex / Revenue
31.9%
0.4%
Cash ConversionOCF / Net Profit
0.11×
7.16×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
MAMA
MAMA
Q4 25
$267.0K
$3.9M
Q3 25
$6.9M
$-1.7M
Q2 25
$3.9M
$6.0M
Q1 25
$-150.0K
$-857.0K
Q4 24
$-2.6M
$4.8M
Q3 24
$7.5M
$-2.4M
Q2 24
$6.5M
$3.6M
Q1 24
$1.5M
$6.7M
Free Cash Flow
LWAY
LWAY
MAMA
MAMA
Q4 25
$-17.4M
$3.7M
Q3 25
$1.8M
$-2.2M
Q2 25
$1.6M
$5.5M
Q1 25
$-2.4M
$-930.0K
Q4 24
$-3.8M
$2.5M
Q3 24
$5.9M
$-4.0M
Q2 24
$5.1M
$2.5M
Q1 24
$-923.0K
$6.6M
FCF Margin
LWAY
LWAY
MAMA
MAMA
Q4 25
-31.5%
7.8%
Q3 25
3.1%
-6.2%
Q2 25
3.0%
15.5%
Q1 25
-5.1%
-2.8%
Q4 24
-8.2%
8.0%
Q3 24
12.8%
-14.1%
Q2 24
10.4%
8.4%
Q1 24
-2.1%
24.8%
Capex Intensity
LWAY
LWAY
MAMA
MAMA
Q4 25
31.9%
0.4%
Q3 25
9.0%
1.5%
Q2 25
4.3%
1.5%
Q1 25
4.8%
0.2%
Q4 24
2.7%
7.2%
Q3 24
3.3%
5.6%
Q2 24
2.9%
3.8%
Q1 24
5.5%
0.4%
Cash Conversion
LWAY
LWAY
MAMA
MAMA
Q4 25
0.11×
7.16×
Q3 25
1.96×
-1.31×
Q2 25
0.92×
4.85×
Q1 25
-0.04×
-0.54×
Q4 24
11.71×
Q3 24
2.50×
-2.10×
Q2 24
1.73×
6.58×
Q1 24
0.64×
4.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LWAY
LWAY

Drinkable Kefirotherthan Pro Bugs$47.8M86%
Cheese$4.7M8%
Cream And Other$1.7M3%
Other$1.2M2%

MAMA
MAMA

Segment breakdown not available.

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