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Financial Snapshot

Revenue
TTM
$192.6M
Gross Margin
TTM
32.79%
Net Income
TTM
-$25.31M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
353.47%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
129.1M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$16.42M

Stock Price

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Market Cap: $96.507 Million

About Lakeland Industries Inc

Lakeland Industries Inc (NASDAQ: LAKE) is a protective apparel company that manufactures and sells safety products for workers, first responders, and industrial end markets globally. Revenue comes from transactional product sales made primarily through distribution channels, with no individual customer representing more than 10% of sales in FY2026 or FY2025. The company operates under the Lakeland Fire + Safety brand and serves chemical, clean room, energy, fire service, manufacturing, and utility applications. Its product portfolio includes firefighter protective apparel and accessories, high-end chemical protective suits, limited use and disposable protective clothing, and durable woven garments. On March 27, 2026, the company sold its high performance FR/AR apparel and high visibility clothing lines to National Safety Apparel. Lakeland also provides inspection, cleaning, decontamination, maintenance, and repair services for firefighting garments under NFPA 1851 standards, a capability expanded through two acquisitions in September 2025: Arizona PPE Recon, Inc. (acquired for approximately $4.1 million) and California PPE Recon, Inc. (acquired for approximately $2.4 million in cash plus shares valued at approximately $3.3 million at acquisition date). James M. Jenkins serves as President, CEO, and Executive Chairman as of the FY2026 10-K filing dated April 16, 2026.

Revenue model
Transactional product sales of protective apparel and related gear, sold primarily through distribution rather than direct to end users. The company also generates revenue from firefighting garment inspection, decontamination, and repair services. No single customer exceeded 10% of sales in FY2026 or FY2025.
Products and services
Firefighter protective apparel and accessories, high-end chemical protective suits, limited use and disposable protective clothing, durable woven garments. As of March 27, 2026, high performance FR/AR apparel and high visibility clothing were divested to National Safety Apparel. Services include inspection, cleaning, decontamination, maintenance, and repair of firefighting garments per NFPA 1851 standards, delivered through UL-certified independent service provider subsidiaries including Arizona PPE Recon and California PPE Recon.
Customers and end markets
End markets include chemical, clean room, energy, fire service, manufacturing, and utility industries. Customers are primarily reached through distribution channels. No individual customer represented more than 10% of sales in FY2026 or FY2025. Fire departments are direct users of garment decontamination and repair services.
Value-chain role
Manufacturer and distributor of protective apparel with international manufacturing and sales operations. Also operates as a services provider for firefighting garment maintenance through UL-certified subsidiaries. Products must comply with rigorous safety standards and regulations, with conformity assessments required across multiple markets.
Geographic exposure
Global operations including an Other Foreign segment that includes Russia. The company has international manufacturing and sales presence. Sales in Ukraine and the Middle East were not significant in FY2026. Specific country-by-country revenue percentages are not disclosed in the excerpts provided.
Competitors
National Safety Apparel

Source: SEC 10-K, filed 2026-04-16

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