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Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and SYPRIS SOLUTIONS INC (SYPR). Click either name above to swap in a different company.

Lifeway Foods, Inc. is the larger business by last-quarter revenue ($55.4M vs $30.3M, roughly 1.8× SYPRIS SOLUTIONS INC). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs -12.9%, a 17.5% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs -9.5%). SYPRIS SOLUTIONS INC produced more free cash flow last quarter ($-1.5M vs $-17.4M). Over the past eight quarters, Lifeway Foods, Inc.'s revenue compounded faster (11.4% CAGR vs -7.7%).

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.

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

LWAY vs SYPR — Head-to-Head

Bigger by revenue
LWAY
LWAY
1.8× larger
LWAY
$55.4M
$30.3M
SYPR
Growing faster (revenue YoY)
LWAY
LWAY
+27.4% gap
LWAY
18.0%
-9.5%
SYPR
Higher net margin
LWAY
LWAY
17.5% more per $
LWAY
4.6%
-12.9%
SYPR
More free cash flow
SYPR
SYPR
$15.9M more FCF
SYPR
$-1.5M
$-17.4M
LWAY
Faster 2-yr revenue CAGR
LWAY
LWAY
Annualised
LWAY
11.4%
-7.7%
SYPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LWAY
LWAY
SYPR
SYPR
Revenue
$55.4M
$30.3M
Net Profit
$2.5M
$-3.9M
Gross Margin
27.8%
4.6%
Operating Margin
6.8%
-10.9%
Net Margin
4.6%
-12.9%
Revenue YoY
18.0%
-9.5%
Net Profit YoY
1688.1%
-2992.6%
EPS (diluted)
$0.15
$-0.17

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
SYPR
SYPR
Q4 25
$55.4M
$30.3M
Q3 25
$57.1M
$28.7M
Q2 25
$53.9M
$31.4M
Q1 25
$46.1M
$29.5M
Q4 24
$46.9M
$33.4M
Q3 24
$46.1M
$35.7M
Q2 24
$49.2M
$35.5M
Q1 24
$44.6M
$35.6M
Net Profit
LWAY
LWAY
SYPR
SYPR
Q4 25
$2.5M
$-3.9M
Q3 25
$3.5M
$517.0K
Q2 25
$4.2M
$-2.1M
Q1 25
$3.5M
$-899.0K
Q4 24
$-160.0K
$135.0K
Q3 24
$3.0M
$390.0K
Q2 24
$3.8M
$16.0K
Q1 24
$2.4M
$-2.2M
Gross Margin
LWAY
LWAY
SYPR
SYPR
Q4 25
27.8%
4.6%
Q3 25
28.7%
7.2%
Q2 25
28.6%
8.2%
Q1 25
23.9%
11.4%
Q4 24
25.3%
16.1%
Q3 24
25.7%
16.8%
Q2 24
27.0%
15.9%
Q1 24
25.8%
8.1%
Operating Margin
LWAY
LWAY
SYPR
SYPR
Q4 25
6.8%
-10.9%
Q3 25
8.8%
-6.1%
Q2 25
10.8%
-4.6%
Q1 25
3.4%
-0.4%
Q4 24
1.5%
3.9%
Q3 24
9.1%
4.8%
Q2 24
11.0%
3.6%
Q1 24
8.0%
-3.9%
Net Margin
LWAY
LWAY
SYPR
SYPR
Q4 25
4.6%
-12.9%
Q3 25
6.2%
1.8%
Q2 25
7.9%
-6.5%
Q1 25
7.7%
-3.0%
Q4 24
-0.3%
0.4%
Q3 24
6.5%
1.1%
Q2 24
7.7%
0.0%
Q1 24
5.4%
-6.2%
EPS (diluted)
LWAY
LWAY
SYPR
SYPR
Q4 25
$0.15
$-0.17
Q3 25
$0.23
$0.02
Q2 25
$0.28
$-0.09
Q1 25
$0.23
$-0.04
Q4 24
$0.00
$0.00
Q3 24
$0.19
$0.02
Q2 24
$0.25
$0.00
Q1 24
$0.16
$-0.10

Balance Sheet & Financial Strength

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

Metric
LWAY
LWAY
SYPR
SYPR
Cash + ST InvestmentsLiquidity on hand
$5.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.8M
$17.8M
Total Assets
$105.6M
$107.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
SYPR
SYPR
Q4 25
$5.6M
Q3 25
$23.0M
Q2 25
$21.2M
Q1 25
$19.4M
Q4 24
$16.7M
Q3 24
$20.6M
Q2 24
$14.6M
Q1 24
$12.0M
Total Debt
LWAY
LWAY
SYPR
SYPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$2.5M
Stockholders' Equity
LWAY
LWAY
SYPR
SYPR
Q4 25
$85.8M
$17.8M
Q3 25
$82.8M
$20.0M
Q2 25
$78.7M
$18.7M
Q1 25
$74.2M
$19.0M
Q4 24
$71.9M
$19.6M
Q3 24
$71.5M
$18.2M
Q2 24
$68.0M
$19.0M
Q1 24
$63.5M
$20.8M
Total Assets
LWAY
LWAY
SYPR
SYPR
Q4 25
$105.6M
$107.8M
Q3 25
$109.5M
$112.5M
Q2 25
$98.3M
$105.8M
Q1 25
$93.7M
$110.2M
Q4 24
$90.5M
$119.4M
Q3 24
$91.3M
$121.6M
Q2 24
$84.9M
$124.2M
Q1 24
$82.8M
$129.0M
Debt / Equity
LWAY
LWAY
SYPR
SYPR
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
SYPR
SYPR
Operating Cash FlowLast quarter
$267.0K
$-1.1M
Free Cash FlowOCF − Capex
$-17.4M
$-1.5M
FCF MarginFCF / Revenue
-31.5%
-5.0%
Capex IntensityCapex / Revenue
31.9%
1.3%
Cash ConversionOCF / Net Profit
0.11×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
SYPR
SYPR
Q4 25
$267.0K
$-1.1M
Q3 25
$6.9M
$-178.0K
Q2 25
$3.9M
$1.1M
Q1 25
$-150.0K
$-5.5M
Q4 24
$-2.6M
$2.3M
Q3 24
$7.5M
$-4.8M
Q2 24
$6.5M
$6.2M
Q1 24
$1.5M
$-1.7M
Free Cash Flow
LWAY
LWAY
SYPR
SYPR
Q4 25
$-17.4M
$-1.5M
Q3 25
$1.8M
$-390.0K
Q2 25
$1.6M
$941.0K
Q1 25
$-2.4M
$-5.5M
Q4 24
$-3.8M
$1.9M
Q3 24
$5.9M
$-4.9M
Q2 24
$5.1M
$6.0M
Q1 24
$-923.0K
$-2.0M
FCF Margin
LWAY
LWAY
SYPR
SYPR
Q4 25
-31.5%
-5.0%
Q3 25
3.1%
-1.4%
Q2 25
3.0%
3.0%
Q1 25
-5.1%
-18.8%
Q4 24
-8.2%
5.7%
Q3 24
12.8%
-13.8%
Q2 24
10.4%
16.8%
Q1 24
-2.1%
-5.7%
Capex Intensity
LWAY
LWAY
SYPR
SYPR
Q4 25
31.9%
1.3%
Q3 25
9.0%
0.7%
Q2 25
4.3%
0.5%
Q1 25
4.8%
0.0%
Q4 24
2.7%
1.2%
Q3 24
3.3%
0.4%
Q2 24
2.9%
0.5%
Q1 24
5.5%
0.9%
Cash Conversion
LWAY
LWAY
SYPR
SYPR
Q4 25
0.11×
Q3 25
1.96×
-0.34×
Q2 25
0.92×
Q1 25
-0.04×
Q4 24
17.13×
Q3 24
2.50×
-12.21×
Q2 24
1.73×
385.25×
Q1 24
0.64×

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%

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

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