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Lakeland Industries LAKE Increase Decrease In Prepaid Taxes

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Lakeland Industries logo
Lakeland IndustriesLAKE
$339K+16,850%
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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-15.0%
Enterprise value$129.39M+8.3%
P/S0.6×-0.2×

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:IncreaseDecreaseInPrepaidTaxes.

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 increase decrease in prepaid taxes?
Lakeland Industries (LAKE) reported increase decrease in prepaid taxes of $339K in Q1 2026.
How has Lakeland Industries's increase decrease in prepaid taxes changed year-over-year?
Lakeland Industries's increase decrease in prepaid taxes increased by 16850.0% year-over-year, from $2K to $339K.
What is the long-term trend for Lakeland Industries's increase decrease in prepaid taxes?
Over 2 years (2024 to 2026), Lakeland Industries's increase decrease in prepaid taxes has grown at a -53.6% compound annual growth rate (CAGR), from $789K to -$170K.
What does increase decrease in prepaid taxes mean?
Measures the change in tax payments made in advance of the period in which the tax liability is actually incurred. Fluctuations in this balance reflect timing differences between cash tax outflows and the recognition of tax expense on the income statement.