LSI Industries FY26 Q4 net income falls 16% y/y to $6.9 million; net sales rise 51% to $234.6 million
LYTS•Q4 results and key drivers
LSI Industries posted Q4 net sales up 51% year over year to USD 234.6 million, including 8% organic growth.
Net income fell to USD 6.9 million; diluted EPS slipped to USD 0.18, including USD 3 million of acquisition-related expenses.
Adjusted results (non-GAAP) showed net income of USD 14.4 million; adjusted diluted EPS rose to USD 0.38.
Adjusted EBITDA (non-GAAP) climbed 50% to USD 25.7 million, with margin at 10.9% of sales; free cash flow was USD 9.7 million.
Management cited Royston’s first full-quarter contribution, a USD 30 million multi-year refueling/c-store renovation award, and a USD 0.05 quarterly dividend.



