What is Lakeland Industries's work in process?

Lakeland Industries (LAKE) reported work in process of $1.81M in Q1 2026.

How has Lakeland Industries's work in process changed year-over-year?

Lakeland Industries's work in process increased by 9.2% year-over-year, from $1.66M to $1.81M.

What is the long-term trend for Lakeland Industries's work in process?

Over 5 years (2021 to 2026), Lakeland Industries's work in process has grown at a 43.2% compound annual growth rate (CAGR), from $409K to $2.47M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Lakeland Industries LAKE Work in process

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——

Other financials

Income statement

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Revenue$47.4M+1.4%

Gross profit$14.9M-4.9%

Operating income$2.3M+149%

Net income$369.0K+109%

EPS (diluted)$0.04+110%

Balance sheet

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Cash & equivalents$17.4M-6.4%

Total debt$41.3M+197%

Total equity$130.5M-9.0%

Total assets$212.3M-2.7%

Cash flow

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Operating cash flow$5.8M+220%

CapEx$1.4M+15.1%

Free cash flow$4.4M+173%

Valuation

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Market cap$105.5M-1.8%

Enterprise value$129.39M+22.1%

P/S0.6×-0.1×

Profitability

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Gross margin32.4%-6.0pp

Operating margin-4.4%-1.5pp

Net margin-10.9%-1.7pp

FCF margin-11.3%+11.6pp

Returns & leverage

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Return on equity-15.4%-1.7pp

Debt / equity0.3×+0.2×

Current ratio3.1×-0.8×

Where this comes from

Reported directly by Lakeland Industries in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Lakeland Industries’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lakeland Industries's work in process?: Lakeland Industries (LAKE) reported work in process of $1.81M in Q1 2026.
How has Lakeland Industries's work in process changed year-over-year?: Lakeland Industries's work in process increased by 9.2% year-over-year, from $1.66M to $1.81M.
What is the long-term trend for Lakeland Industries's work in process?: Over 5 years (2021 to 2026), Lakeland Industries's work in process has grown at a 43.2% compound annual growth rate (CAGR), from $409K to $2.47M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.