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Lifetime Brands LCUT Operating leases, net

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Other financials

Income statement

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Revenue$143.5M+2.4%
Gross profit$54.2M+7.0%
Operating income-$2.2M-303%
Net income-$4.8M-13.6%
EPS (diluted)-$0.22-15.8%

Balance sheet

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Cash & equivalents$13.9M+33.6%
Total debt$59.5M-19.2%
Total equity$197.5M-12.5%
Total assets$527.9M-11.2%

Cash flow

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Operating cash flow$33.8M+102%
CapEx$3.8M+144%
Free cash flow$29.9M+97.6%

Valuation

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Market cap$194.95M+131%
Enterprise value$240.62M+67.1%
P/S0.3×+0.2×

Profitability

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Gross margin37.5%+0.2pp
Operating margin-2.1%-6.2pp
Net margin-1.2%
FCF margin3%

Returns & leverage

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Return on equity-3.8%
Debt / equity0.3×0.0×
Current ratio2.9×+0.2×

Where this comes from

Reported directly by Lifetime Brands in its filing.

Tagged under the XBRL concept lcut:NonCashLeaseExpense.

The official record: Lifetime Brands’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lifetime Brands's operating leases, net?
Lifetime Brands (LCUT) reported operating leases, net of -$593K in Q1 2026.
How has Lifetime Brands's operating leases, net changed year-over-year?
Lifetime Brands's operating leases, net decreased by 6.7% year-over-year, from -$556K to -$593K.
What is the long-term trend for Lifetime Brands's operating leases, net?
Over 4 years (2021 to 2025), Lifetime Brands's operating leases, net has grown at a 15.6% compound annual growth rate (CAGR), from -$1.29M to -$2.31M.
What does operating leases, net mean?
This metric captures the net non-cash impact of operating lease accounting, typically representing the difference between lease payments made and the straight-line lease expense recognized under accounting standards. It adjusts net income to reflect the actual cash impact of lease obligations rather than the accounting accruals. Monitoring this helps analysts understand the company's underlying cash obligations related to real estate and equipment leasing.