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Lands End Inc Financials

LE
Source SEC Filings (10-K/10-Q) Updated Jan 30, 2026 Currency USD FYE January

This page shows Lands End Inc (LE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 33 / 100
Financial Profile 33/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Lands End Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
27

Lands End Inc has an operating margin of 3.8%, meaning the company retains $4 of operating profit per $100 of revenue. This below-average margin results in a low score of 27/100, suggesting thin profitability after operating expenses. This is down from 4.4% the prior year.

Growth
25

Lands End Inc's revenue grew a modest 0.7% year-over-year to $1.2B. This slow but positive growth earns a score of 25/100.

Leverage
84

Lands End Inc carries a low D/E ratio of 0.88, meaning only $0.88 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
28

Lands End Inc's current ratio of 1.61 is below the typical benchmark, resulting in a score of 28/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
32

Lands End Inc has a free cash flow margin of 1.8%, earning a moderate score of 32/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
0

Lands End Inc generates a 2.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 2.7% the prior year.

Altman Z-Score Grey Zone
2.23

Lands End Inc scores 2.23, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral
5/9

Lands End Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
9.01x

For every $1 of reported earnings, Lands End Inc generates $9.01 in operating cash flow ($49.6M OCF vs $5.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
1.2x

Lands End Inc earns $1.2 in operating income for every $1 of interest expense ($44.3M vs $36.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.2B
YoY+0.7%
5Y CAGR-4.0%
10Y CAGR-2.0%

Lands End Inc generated $1.2B in revenue in fiscal year 2026. This represents an increase of 0.7% from the prior year.

EBITDA
$74.4M
YoY-12.2%
5Y CAGR-1.1%
10Y CAGR+19.7%

Lands End Inc's EBITDA was $74.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.2% from the prior year.

Net Income
$5.5M
YoY-11.6%
5Y CAGR-12.7%

Lands End Inc reported $5.5M in net income in fiscal year 2026. This represents a decrease of 11.6% from the prior year.

EPS (Diluted)
$0.18
YoY-10.0%
5Y CAGR-11.4%

Lands End Inc earned $0.18 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 10.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$20.4M
YoY+32.7%
5Y CAGR-19.8%
10Y CAGR+3.8%

Lands End Inc generated $20.4M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 32.7% from the prior year.

Cash & Debt
$17.7M
YoY-2.5%
5Y CAGR-13.3%
10Y CAGR-21.9%

Lands End Inc held $17.7M in cash against $214.2M in long-term debt as of fiscal year 2026.

Dividends Per Share
N/A
Shares Outstanding
31M
YoY+0.4%
5Y CAGR-1.2%
10Y CAGR-0.4%

Lands End Inc had 31M shares outstanding in fiscal year 2026. This represents an increase of 0.4% from the prior year.

Margins & Returns

Gross Margin
55.9%
YoY-0.7pp
5Y CAGR+13.5pp
10Y CAGR+10.0pp

Lands End Inc's gross margin was 55.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.

Operating Margin
3.8%
YoY-0.6pp
5Y CAGR+0.9pp
10Y CAGR+4.2pp

Lands End Inc's operating margin was 3.8% in fiscal year 2026, reflecting core business profitability. This is down 0.6 percentage points from the prior year.

Net Margin
0.5%
YoY-0.1pp
5Y CAGR-0.3pp
10Y CAGR+1.8pp

Lands End Inc's net profit margin was 0.5% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.1 percentage points from the prior year.

Return on Equity
2.3%
YoY-0.5pp
5Y CAGR-0.7pp
10Y CAGR+7.4pp

Lands End Inc's ROE was 2.3% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$29.2M
YoY-22.6%
5Y CAGR-0.6%
10Y CAGR+2.8%

Lands End Inc invested $29.2M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 22.6% from the prior year.

LE Income Statement

Metric Q4'26 Q3'26 Q2'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24
Revenue $402.3M+57.6% $255.3M+12.1% $227.8M-16.7% $273.5M+1.2% $270.4M+18.2% $228.7M-45.1% $416.4M+28.2% $324.7M
Cost of Revenue $252.8M+67.8% $150.7M+17.3% $128.5M-18.4% $157.5M-4.7% $165.3M+12.8% $146.5M-57.5% $344.6M+100.2% $172.1M
Gross Profit $209.6M+46.1% $143.4M+8.1% $132.7M-17.6% $161.1M+6.1% $151.9M+9.3% $139.0M-28.5% $194.4M+27.4% $152.6M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $169.7M+31.2% $129.4M+4.8% $123.5M-12.4% $140.9M+4.0% $135.5M+6.4% $127.4M-22.2% $163.7M+21.0% $135.3M
Operating Income $25.9M+549.9% $4.0M+268.1% -$2.4M-125.5% $9.3M+273.6% $2.5M+11.3% $2.2M-85.8% $15.8M+115.6% -$101.3M
Interest Expense $8.8M-5.3% $9.3M0.0% $9.3M-9.8% $10.3M-1.7% $10.4M+1.1% $10.3M-27.5% $14.3M+22.1% $11.7M
Income Tax $5.0M+409.6% -$1.6M+52.1% -$3.4M-355.6% -$738K+71.9% -$2.6M-66.9% -$1.6M-48.1% -$1.1M-131.4% -$459K
Net Income $12.3M+434.7% -$3.7M+55.6% -$8.3M-1293.3% -$593K+88.7% -$5.3M+18.5% -$6.4M-68.2% -$3.8M+96.6% -$112.4M
EPS (Diluted) N/A $-0.12+55.6% $-0.27-1250.0% $-0.02+88.2% $-0.17+15.0% $-0.20 N/A $-3.52

LE Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24
Total Assets $751.1M-6.2% $800.6M+5.3% $760.5M-9.8% $843.6M+5.1% $802.5M+0.3% $800.1M-1.4% $811.5M-14.4% $947.6M
Current Assets $361.0M-10.9% $405.1M+10.9% $365.1M-19.5% $453.5M+9.3% $414.8M+2.4% $405.0M-1.3% $410.3M-24.1% $540.2M
Cash & Equivalents $17.7M-16.8% $21.3M+17.2% $18.1M-40.3% $30.4M+18.5% $25.6M-6.2% $27.4M+8.0% $25.3M-31.3% $36.8M
Inventory $268.8M-10.9% $301.8M+15.0% $262.4M-21.9% $335.9M+7.6% $312.0M+8.1% $288.6M-4.3% $301.7M-28.5% $422.2M
Accounts Receivable $41.3M+5.7% $39.0M+8.3% $36.0M+1.4% $35.5M+29.6% $27.4M-20.9% $34.7M-1.8% $35.3M+12.3% $31.4M
Goodwill $0 N/A N/A N/A N/A N/A $0 N/A
Total Liabilities $506.8M-11.9% $575.5M+8.5% $530.4M-14.4% $619.9M+7.6% $576.0M+1.9% $565.5M-0.8% $569.9M-18.2% $696.7M
Current Liabilities $223.9M-10.6% $250.5M+27.5% $196.5M-24.5% $260.2M+2.7% $253.4M+15.7% $219.1M-15.7% $259.9M-10.6% $290.9M
Long-Term Debt $214.2M-2.4% $219.6M-1.2% $222.2M-2.3% $227.6M-1.2% $230.2M-1.2% $233.1M-1.3% $236.2M+9.7% $215.3M
Total Equity $244.3M+8.5% $225.1M-2.2% $230.1M+2.9% $223.6M-1.3% $226.5M-3.4% $234.6M-2.9% $241.6M-3.7% $250.9M
Retained Earnings -$88.8M+16.4% -$106.3M-3.6% -$102.6M+9.1% -$112.9M-0.5% -$112.3M-5.9% -$106.0M-6.6% -$99.4M-9.5% -$90.8M

LE Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24
Operating Cash Flow $64.8M+182.6% $22.9M+202.1% -$22.5M-31.2% -$17.1M-155.7% $30.7M+219.0% -$25.8M-127.5% $93.9M+617.1% -$18.2M
Capital Expenditures $5.3M-40.6% $8.9M+7.1% $8.3M-22.4% $10.7M+125.4% $4.7M-29.7% $6.7M+5.6% $6.4M+12.5% $5.7M
Free Cash Flow $59.5M+323.5% $14.1M+145.7% -$30.7M-10.6% -$27.8M-206.9% $26.0M+179.8% -$32.6M-137.2% $87.5M+467.2% -$23.8M
Investing Cash Flow -$5.3M+40.6% -$8.9M-7.0% -$8.3M+22.4% -$10.7M-126.1% -$4.7M+29.9% -$6.7M-5.6% -$6.4M-12.4% -$5.7M
Financing Cash Flow -$78.5M-658.5% -$10.3M-131.9% $32.4M-0.3% $32.5M+215.8% -$28.1M-180.3% $35.0M+135.4% -$98.7M-394.4% $33.5M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A $1.0M-52.0% $2.1M-29.5% $3.0M

LE Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q4'25 Q3'25 Q2'25 Q1'25 Q3'24
Gross Margin 52.1%-4.1pp 56.2%-2.1pp 58.3%-0.6pp 58.9%+2.7pp 56.2%-4.6pp 60.8%+14.1pp 46.7%-0.3pp 47.0%
Operating Margin 6.4%+4.9pp 1.6%+2.6pp -1.0%-4.4pp 3.4%+2.5pp 0.9%-0.1pp 1.0%-2.8pp 3.8%+35.0pp -31.2%
Net Margin 3.0%+4.5pp -1.4%+2.2pp -3.6%-3.4pp -0.2%+1.7pp -1.9%+0.9pp -2.8%-1.9pp -0.9%+33.7pp -34.6%
Return on Equity 5.0%+6.7pp -1.6%+2.0pp -3.6%-3.3pp -0.3%+2.0pp -2.3%+0.4pp -2.8%-1.2pp -1.6%+43.2pp -44.8%
Return on Assets 1.6%+2.1pp -0.5%+0.6pp -1.1%-1.0pp -0.1%+0.6pp -0.7%+0.2pp -0.8%-0.3pp -0.5%+11.4pp -11.9%
Current Ratio 1.610.0 1.62-0.2 1.86+0.1 1.74+0.1 1.64-0.2 1.85+0.3 1.58-0.3 1.86
Debt-to-Equity 0.88-0.1 0.980.0 0.97-0.1 1.020.0 1.02+0.0 0.99+0.0 0.98+0.1 0.86
FCF Margin 14.8%+9.3pp 5.5%+19.0pp -13.5%-3.3pp -10.2%-19.8pp 9.6%+23.8pp -14.2%-35.3pp 21.0%+28.4pp -7.3%

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Frequently Asked Questions

Lands End Inc (LE) reported $1.2B in total revenue for fiscal year 2026. This represents a 0.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Lands End Inc (LE) revenue grew by 0.7% year-over-year, from $1.2B to $1.2B in fiscal year 2026.

Yes, Lands End Inc (LE) reported a net income of $5.5M in fiscal year 2026, with a net profit margin of 0.5%.

Lands End Inc (LE) reported diluted earnings per share of $0.18 for fiscal year 2026. This represents a -10.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lands End Inc (LE) had EBITDA of $74.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Lands End Inc (LE) had $17.7M in cash and equivalents against $214.2M in long-term debt.

Lands End Inc (LE) had a gross margin of 55.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Lands End Inc (LE) had an operating margin of 3.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Lands End Inc (LE) had a net profit margin of 0.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Lands End Inc (LE) has a return on equity of 2.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Lands End Inc (LE) generated $20.4M in free cash flow during fiscal year 2026. This represents a 32.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Lands End Inc (LE) generated $49.6M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Lands End Inc (LE) had $751.1M in total assets as of fiscal year 2026, including both current and long-term assets.

Lands End Inc (LE) invested $29.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Lands End Inc (LE) had 31M shares outstanding as of fiscal year 2026.

Lands End Inc (LE) had a current ratio of 1.61 as of fiscal year 2026, which is generally considered healthy.

Lands End Inc (LE) had a debt-to-equity ratio of 0.88 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Lands End Inc (LE) had a return on assets of 0.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Lands End Inc (LE) has an Altman Z-Score of 2.23, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Lands End Inc (LE) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Lands End Inc (LE) has an earnings quality ratio of 9.01x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Lands End Inc (LE) has an interest coverage ratio of 1.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Lands End Inc (LE) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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