vs
Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $55.4M, roughly 1.3× Lifeway Foods, Inc.). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs 2.0%, a 2.6% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-17.4M). Over the past eight quarters, Lifeway Foods, Inc.'s revenue compounded faster (11.4% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
LWAY vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.4M | $71.1M |
| Net Profit | $2.5M | $1.4M |
| Gross Margin | 27.8% | — |
| Operating Margin | 6.8% | 13.1% |
| Net Margin | 4.6% | 2.0% |
| Revenue YoY | 18.0% | -1.8% |
| Net Profit YoY | 1688.1% | -75.2% |
| EPS (diluted) | $0.15 | — |
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.
| Q4 25 | $55.4M | $71.1M | ||
| Q3 25 | $57.1M | $73.2M | ||
| Q2 25 | $53.9M | $72.8M | ||
| Q1 25 | $46.1M | $74.5M | ||
| Q4 24 | $46.9M | $72.5M | ||
| Q3 24 | $46.1M | $78.5M | ||
| Q2 24 | $49.2M | $78.5M | ||
| Q1 24 | $44.6M | $78.3M |
| Q4 25 | $2.5M | $1.4M | ||
| Q3 25 | $3.5M | $4.0M | ||
| Q2 25 | $4.2M | $4.7M | ||
| Q1 25 | $3.5M | $-2.0M | ||
| Q4 24 | $-160.0K | $5.8M | ||
| Q3 24 | $3.0M | $966.0K | ||
| Q2 24 | $3.8M | $3.7M | ||
| Q1 24 | $2.4M | $-3.4M |
| Q4 25 | 27.8% | — | ||
| Q3 25 | 28.7% | — | ||
| Q2 25 | 28.6% | — | ||
| Q1 25 | 23.9% | — | ||
| Q4 24 | 25.3% | — | ||
| Q3 24 | 25.7% | — | ||
| Q2 24 | 27.0% | — | ||
| Q1 24 | 25.8% | — |
| Q4 25 | 6.8% | 13.1% | ||
| Q3 25 | 8.8% | 25.0% | ||
| Q2 25 | 10.8% | 19.3% | ||
| Q1 25 | 3.4% | 7.2% | ||
| Q4 24 | 1.5% | 5.9% | ||
| Q3 24 | 9.1% | 19.4% | ||
| Q2 24 | 11.0% | 20.6% | ||
| Q1 24 | 8.0% | 5.8% |
| Q4 25 | 4.6% | 2.0% | ||
| Q3 25 | 6.2% | 5.4% | ||
| Q2 25 | 7.9% | 6.4% | ||
| Q1 25 | 7.7% | -2.6% | ||
| Q4 24 | -0.3% | 8.0% | ||
| Q3 24 | 6.5% | 1.2% | ||
| Q2 24 | 7.7% | 4.7% | ||
| Q1 24 | 5.4% | -4.3% |
| Q4 25 | $0.15 | — | ||
| Q3 25 | $0.23 | — | ||
| Q2 25 | $0.28 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.00 | — | ||
| Q3 24 | $0.19 | — | ||
| Q2 24 | $0.25 | — | ||
| Q1 24 | $0.16 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.6M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $85.8M | $452.4M |
| Total Assets | $105.6M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.6M | $118.7M | ||
| Q3 25 | $23.0M | $107.5M | ||
| Q2 25 | $21.2M | $94.3M | ||
| Q1 25 | $19.4M | $89.1M | ||
| Q4 24 | $16.7M | $96.6M | ||
| Q3 24 | $20.6M | $83.8M | ||
| Q2 24 | $14.6M | $66.1M | ||
| Q1 24 | $12.0M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | $2.5M | $439.0M |
| Q4 25 | $85.8M | $452.4M | ||
| Q3 25 | $82.8M | $448.1M | ||
| Q2 25 | $78.7M | $442.4M | ||
| Q1 25 | $74.2M | $433.5M | ||
| Q4 24 | $71.9M | $429.5M | ||
| Q3 24 | $71.5M | $423.1M | ||
| Q2 24 | $68.0M | $418.4M | ||
| Q1 24 | $63.5M | $412.0M |
| Q4 25 | $105.6M | $582.5M | ||
| Q3 25 | $109.5M | $582.2M | ||
| Q2 25 | $98.3M | $574.8M | ||
| Q1 25 | $93.7M | $571.4M | ||
| Q4 24 | $90.5M | $581.6M | ||
| Q3 24 | $91.3M | $578.6M | ||
| Q2 24 | $84.9M | $571.4M | ||
| Q1 24 | $82.8M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | 0.04× | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $267.0K | $40.9M |
| Free Cash FlowOCF − Capex | $-17.4M | $33.5M |
| FCF MarginFCF / Revenue | -31.5% | 47.1% |
| Capex IntensityCapex / Revenue | 31.9% | 10.4% |
| Cash ConversionOCF / Net Profit | 0.11× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-16.4M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $267.0K | $40.9M | ||
| Q3 25 | $6.9M | $17.7M | ||
| Q2 25 | $3.9M | $4.6M | ||
| Q1 25 | $-150.0K | $5.7M | ||
| Q4 24 | $-2.6M | $59.7M | ||
| Q3 24 | $7.5M | $17.6M | ||
| Q2 24 | $6.5M | $15.9M | ||
| Q1 24 | $1.5M | $9.4M |
| Q4 25 | $-17.4M | $33.5M | ||
| Q3 25 | $1.8M | $16.4M | ||
| Q2 25 | $1.6M | $2.9M | ||
| Q1 25 | $-2.4M | $4.0M | ||
| Q4 24 | $-3.8M | $53.0M | ||
| Q3 24 | $5.9M | $16.3M | ||
| Q2 24 | $5.1M | $14.0M | ||
| Q1 24 | $-923.0K | $6.8M |
| Q4 25 | -31.5% | 47.1% | ||
| Q3 25 | 3.1% | 22.4% | ||
| Q2 25 | 3.0% | 4.0% | ||
| Q1 25 | -5.1% | 5.3% | ||
| Q4 24 | -8.2% | 73.2% | ||
| Q3 24 | 12.8% | 20.8% | ||
| Q2 24 | 10.4% | 17.8% | ||
| Q1 24 | -2.1% | 8.6% |
| Q4 25 | 31.9% | 10.4% | ||
| Q3 25 | 9.0% | 1.8% | ||
| Q2 25 | 4.3% | 2.2% | ||
| Q1 25 | 4.8% | 2.3% | ||
| Q4 24 | 2.7% | 9.1% | ||
| Q3 24 | 3.3% | 1.7% | ||
| Q2 24 | 2.9% | 2.4% | ||
| Q1 24 | 5.5% | 3.3% |
| Q4 25 | 0.11× | 28.39× | ||
| Q3 25 | 1.96× | 4.45× | ||
| Q2 25 | 0.92× | 0.97× | ||
| Q1 25 | -0.04× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 2.50× | 18.22× | ||
| Q2 24 | 1.73× | 4.29× | ||
| Q1 24 | 0.64× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
