Lifetime Brands (LCUT) Q3 FY2026 earnings: revenue $178 million, up 3.4% on the year

Lifetime Brands, Inc. (LCUT) reported revenue of $178 million for Q3 FY2026, the quarter ended 30 September 2026, up 3.4% on the same quarter a year earlier. Net income was -$4 million, and diluted earnings per share $-0.19. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$178 million

+3.4% on the year · +25.5% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-0.0%

3.9% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$4 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$0.19

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 6 lowered, 1 narrowed, 2 new, 3 kept.

Net sales rose 3.4%: Consolidated net sales were $177.7 million, up $5.8 million or 3.4% from $171.9 million; constant currency growth was also 3.4%.
Operating result was zero: Loss from operations was zero, against income from operations of $6.7 million a year earlier. Adjusted income from operations was $13.8 million, up from $11.5 million.
Tariff refund lifted nine-month income: Nine-month gross margin was 45.9% and included a $40.1 million tariff refund benefit. Net income was $10.6 million, or $0.47 per diluted share, against a prior-year net loss that included a $33.2 million goodwill impairment.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	178	142	172	+25.5%	+3.4%
Cost of revenue	113	48.3	111	+133.3%	+1.1%
Gross profit	64.9	93.2	60.4	-30.4%	+7.4%
Gross margin	36.5%	65.9%	35.1%
Selling, general and administrative	38.2	39.5	35.5	-3.4%	+7.6%
Operating income	-0.0	31.6	6.7
Operating margin	-0.0%	22.3%	3.9%
Interest expense	3.6	4.1	5.0	-13.4%	-28.8%
Pre-tax income	-4.6	27.7	1.7
Income tax	-0.4	8.1	2.9
Effective tax rate	n/a	29.2%	171.1%
Net income	-4.2	19.6	-1.2
Net margin	-2.4%	13.9%	-0.7%
Diluted EPS	-$0.19	$0.87	-$0.05

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	10.8	12.2	-22.2	-11.9%
Capital expenditure	3.5	1.3	0.5	+162.1%	+635.6%
Free cash flow	7.3	10.9	-22.7	-33.2%
Free cash flow margin	4.1%	7.7%	-13.2%
Cash from investing	-3.5	-1.3	-0.4
Cash from financing	-6.8	-19.3	22.6
Depreciation and amortisation	5.6	5.4	5.4	+4.3%	+3.6%
Share-based compensation	0.9	0.9	1.0	-5.1%	-9.4%
Dividends paid	0.9	1.0	0.9	-3.0%	+2.3%
Dividend per share	$0.04	$0.04	$0.04	0.0%	0.0%
Diluted shares, weighted	22m	23m	22m	-1.6%	+2.2%
Shares outstanding at period end	23m	23m	23m	-0.0%	+1.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	213	217	185	-2.0%	+15.5%
Debt	148	148	195	-0.0%	-23.8%
Operating lease liabilities	94.1	96.8	46.2	-2.8%	+103.9%
Other liabilities	174	154	156	+12.9%	+11.9%
Total liabilities and equity	630	617	581	+2.1%	+8.4%
Fixed assets	26.0	23.8	15.3	+9.2%	+70.3%
Goodwill	0.0	0.0	0.0
Cash and equivalents	5.9	5.5	12.1	+8.9%	-51.1%
Receivables	154	121	128	+27.7%	+20.8%
Inventory	215	197	221	+8.9%	-3.0%
Other assets	229	270	205	-15.1%	+11.8%
Total assets	630	617	581	+2.1%	+8.4%

Questions

What was Lifetime Brands' revenue in Q3 FY2026?

Lifetime Brands (LCUT) reported revenue of $178 million for Q3 FY2026, the quarter ended 30 September 2026, up 3.4% on the same quarter a year earlier.

How much did Lifetime Brands earn in Q3 FY2026?

Net loss for Q3 FY2026 was $4 million, and the diluted loss per share $0.19.

When did Lifetime Brands report Q3 FY2026 results?

Lifetime Brands filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	256	183	151	187	207	145	146	192	203	142	142	184	215	140	132	172	204	144	142	178
Cost of revenue	168	120	96.1	119	133	91.6	90.4	121	129	84.7	87.1	116	134	89.4	81.0	111	125	89.3	48.3	113
Gross profit	88.0	63.1	55.2	67.8	74.2	53.8	56.0	71.0	73.9	57.5	54.5	67.4	81.2	50.6	50.8	60.4	78.8	54.2	93.2	64.9
Gross margin	34%	35%	36%	36%	36%	37%	38%	37%	36%	40%	39%	37%	38%	36%	39%	35%	39%	38%	66%	37%
SG&A	40.1	39.5	38.3	36.5	40.3	37.9	35.9	40.2	38.7	39.5	38.3	38.8	43.2	31.5	37.5	35.5	38.0	36.8	39.5	38.2
Operating income	8.9	4.4	-0.5	7.6	12.8	-1.8	4.4	13.6	15.7	1.8	1.2	8.6	15.5	1.1	-37.2	6.7	20.0	-2.2	31.6	-0.0
Operating margin	3%	2%	-0%	4%	6%	-1%	3%	7%	8%	1%	1%	5%	7%	1%	-28%	4%	10%	-2%	22%	-0%
Interest expense	3.9	3.8	3.7	4.6	5.1	5.3	5.5	5.2	5.6	5.6	5.2	5.8	5.6	4.9	5.1	5.0	5.0	4.5	4.1	3.6
Pre-tax income	5.5	1.6	-3.9	3.6	7.6	-7.4	0.6	8.3	9.0	-4.0	-18.2	1.9	10.6	-4.3	-42.5	1.7	14.9	-6.4	27.7	-4.6
Tax rate	123%	102%	n/a	51%	30%	n/a	212%	36%	37%	n/a	n/a	81%	16%	n/a	n/a	171%	-22%	n/a	29%	n/a
Net income	-0.6	0.4	-3.5	-6.4	3.3	-8.8	-6.5	4.2	2.7	-6.3	-18.2	0.3	8.9	-4.2	-39.7	-1.2	18.2	-4.8	19.6	-4.2
Net margin	-0%	0%	-2%	-3%	2%	-6%	-4%	2%	1%	-4%	-13%	0%	4%	-3%	-30%	-1%	9%	-3%	14%	-2%
Diluted EPS	-$0.03	$0.02	-$0.16	-$0.30	$0.15	-$0.41	-$0.31	$0.20	$0.13	-$0.29	-$0.85	$0.02	$0.41	-$0.19	-$1.83	-$0.05	$0.83	-$0.22	$0.87	-$0.19
Operating cash flow	22.4	13.4	-22.3	-11.2	44.4	12.1	16.9	-12.0	39.5	10.5	10.4	-22.7	20.3	16.7	9.3	-22.2	3.7	33.8	12.2	10.8
Capital expenditure	0.6	0.4	1.1	0.5	1.0	0.5	0.5	0.8	1.0	0.6	0.5	0.5	0.6	1.6	1.2	0.5	1.1	3.8	1.3	3.5
Free cash flow	21.8	13.0	-23.4	-11.7	43.4	11.6	16.4	-12.8	38.4	9.9	9.9	-23.2	19.7	15.1	8.2	-22.7	2.6	29.9	10.9	7.3
Buybacks	0.0	0.7	3.5	0.5	1.6	2.5	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Dividends paid	0.9	1.0	0.9	1.0	0.9	1.0	0.9	0.9	0.9	1.0	1.0	0.9	0.9	1.0	0.9	0.9	0.9	1.0	1.0	0.9
Shares outstanding	22m	22m	22m	22m	22m	22m	22m	22m	22m	22m	22m	22m	22m	22m	23m	23m	23m	23m	23m	23m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.