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LSI Industries LYTS Lighting — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$150.5M+13.6%
Gross profit$40.3M+19.7%
Operating income$11.0M+20.2%
Net income$7.3M+8.7%
EPS (diluted)$0.23+4.5%

Balance sheet

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Cash & equivalents$10.3M+140%
Total debt$314.2M+321%
Total assets$800.5M+108%

Cash flow

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Operating cash flow$676.0K-94.3%
CapEx$967.0K+27.4%
Free cash flow-$291.0K-103%

Valuation

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Market cap$983.89M+103%
Enterprise value$1.29B+132%
P/S1.6×+0.7×

Profitability

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Gross margin25%-1.8pp
Operating margin6.3%-0.6pp
Net margin4.2%-0.7pp
FCF margin3.9%-4.3pp

Returns & leverage

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Current ratio1.5×-0.6×

Where this comes from

Reported directly by LSI Industries in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: LSI Industries’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LSI Industries's lighting — income tax expense benefit?
LSI Industries (LYTS) reported lighting — income tax expense benefit of $1.2M in Q1 2026.
What does lighting — income tax expense benefit mean?
This represents the portion of the company's total income tax expense or benefit that is attributable to the Lighting segment's operations. It is essential for calculating the segment's effective tax rate and understanding its contribution to the company's overall tax profile.