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LSI Industries Inc.

LSI Industries Inc.

NASDAQ•LYTS
CEO: Mr. James A. Clark
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1985-03-12
LSI Industries Inc. produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets. This segment also offers lighting control products, including sensors, photocontrols, dimmers, motion detection, circuit controllers, and Bluetooth systems to support lighting fixtures; and designs, engineers, and manufactures electronic circuit boards, assemblies, and sub-assemblies. The Display Solutions segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed and structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements. This segments products and services include signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior signage and marketing graphics, aisle markers, wall mural graphics, and refrigerated and non-refrigerated merchandising displays. This segment also provides project management services comprising installation management, site surveys, permitting, and content management; and manages and executes the implementation of large rollout programs. It serves refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive, dealership, sports court, and field markets, as well as warehouses. LSI Industries Inc. was founded in 1976 and is headquartered in Cincinnati, Ohio.
Contact Information
10000 Alliance Road, Cincinnati, OH, 45242, United States
513-793-3200
www.lsicorp.com
Market Cap
$556.87M
P/E (TTM)
22.6
69.8
Dividend Yield
1.1%
52W High
$25.50
52W Low
$13.77
52W Range
40%
Rank39Top 29.7%
4.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q1 2026 Data

Revenue

$157.25M+13.87%
4-Quarter Trend

EPS

$0.24+4.35%
4-Quarter Trend

FCF

-$291.00K-102.63%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Net Sales Increased 14% Total net sales reached $157.25M for the quarter, marking an 18% increase in Lighting Segment sales performance.
Operating Income Grew 20% Operating income rose to $10.97M, driven by strong sales growth and improved gross margin realization across segments.
Acquisition Boosted Display Sales Display Solutions sales grew 11% to $88.2M, including $8.9M contribution from the Canada's Best Holdings acquisition.
Stronger Net Income Reported Net income improved to $7.26M compared to $6.68M last year; diluted EPS increased to $0.23 per share.

Risk Factors

Days Sales Outstanding Rises DSO increased to 65 days from 57 days due to strong final month sales and delayed project billing for a customer.
Operating Cash Flow Dropped Sharply Operating cash flow dropped sharply to $0.68M from $11.85M year-ago period, offset by financing activities this quarter.
Increased Corporate Expenses Noted Corporate operating expenses increased due to acquisition costs and commercial initiative investments supporting future growth efforts.
Financing Activities Increased Borrowing Financing activities consumed $8.1M in 2024, but generated $3.91M in 2025 due to increased borrowings to cover shortfalls.

Outlook

Credit Facility Amended/Expanded Amended $100M credit facility to a $125M revolving line expiring Q1 2031; $73M available for immediate borrowing.
Working Capital Position Improved Working capital increased to $112.4M from $96.8M, supported by higher net accounts receivable balances this quarter.
Stable Quarterly Dividend Declared Declared regular quarterly cash dividend of $0.05 per share, indicating stable capital return policy for fiscal 2026.
Liquidity Adequate for Needs Cash flows plus the $125M credit facility are deemed adequate for operational and capital expenditure needs for remainder of 2026.

Peer Comparison

Revenue (TTM)

Bakkt Holdings, Inc.BKKT
$3.85B
+102.0%
Full Truck Alliance Co. Ltd.YMM
$1.73B
+19.1%
ADTRAN Holdings, Inc.ADTN
$1.04B
+14.3%

Gross Margin (Latest Quarter)

PowerFleet, Inc.AIOT
52.8%
-0.8pp
Full Truck Alliance Co. Ltd.YMM
52.2%
-2.8pp
Ituran Location and Control Ltd.ITRN
50.3%
+2.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
YMM$11.56B1.010.3%0.1%
IMOS$1.00B162.30.8%36.2%
ITRN$857.02M15.228.5%1.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.1%
Moderate Growth
4Q Net Income CAGR
8.8%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 22, 2026
|
EPS:$0.17
|
Revenue:$140.11M
Reports
All Years
  • Form 10-Q - Q1 2026

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $157.25M+13.9%
    |
    EPS: $0.24+4.3%
    Miss
  • Form 10-K - FY 2025

    Period End: Jun 30, 2025|Filed: Sep 11, 2025|
    Revenue: $573.38M+22.1%
    |
    EPS: $0.82-4.7%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $132.48M+22.5%
    |
    EPS: $0.13-27.8%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Dec 31, 2024|Filed: Feb 7, 2025|
    Revenue: $147.73M+35.5%
    |
    EPS: $0.19-5.0%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Sep 30, 2024|Filed: Nov 8, 2024|
    Revenue: $138.10M+11.9%
    |
    EPS: $0.23-17.9%
    Beat
  • Form 10-K - FY 2024

    Period End: Jun 30, 2024|Filed: Sep 11, 2024|
    Revenue: $469.64M-5.5%
    |
    EPS: $0.86-6.5%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Mar 31, 2024|Filed: May 6, 2024|
    Revenue: $108.19M-7.9%
    |
    EPS: $0.18+5.9%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Dec 31, 2023|Filed: Feb 6, 2024|
    Revenue: $109.01M-15.4%
    |
    EPS: $0.20-13.0%
    Beat