Lifetime Brands Inc. (LCUT) Financial Statements (2026 and earlier)

Company Profile

Business Address 1000 STEWART AVENUE
GARDEN CITY, NY 11530
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 342 - Cutlery, Handtools, And General Hardware (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,2672,92916,18923,59827,98235,963
Cash and cash equivalent4,2672,92916,18923,59827,98235,963
Receivables163,433156,743155,180141,195175,076170,037
Inventory, net of allowances, customer advances and progress billings194,046202,408188,647222,209270,516203,164
Inventory194,046202,408188,647222,209270,516203,164
Other undisclosed current assets12,14711,48816,33913,25411,49912,129
Total current assets:373,893373,568376,355400,256485,073421,293
Noncurrent Assets
Operating lease, right-of-use asset48,50659,57169,75674,86986,48796,543
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization15,44115,04916,97018,02220,74823,120
Long-term investments and receivables   1,82612,51622,29520,032
Long-term investments   1,82612,51622,29520,032
Intangible asset, including goodwill, after accumulated amortization132,922183,527199,133213,887212,678244,025
Goodwill  33,23733,23733,23730,27130,271
Intangible asset, excluding goodwill, after accumulated amortization132,922150,290165,896180,650182,407213,754
Other undisclosed intangible asset, including goodwill, after accumulated amortization      
Other noncurrent assets1,7932,5953,1026,3381,7932,468
Total noncurrent assets:198,662260,742290,787325,632344,001386,188
TOTAL ASSETS:572,555634,310667,142725,888829,074807,481
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities110,138130,877132,510115,654195,918150,933
Taxes payable✕✕✕✕✕6044,788
Accounts payable45,84460,02954,15438,05282,57366,095
Accrued liabilities64,29470,84878,35677,602112,74180,050
Debt5,0224,8914,742 5,77117,657
Other undisclosed current liabilities16,14315,97514,71614,25212,61211,480
Total current liabilities:131,303151,743151,968129,906214,301180,070
Noncurrent Liabilities
Long-term debt and lease obligation180,032173,642196,229253,281332,697368,634
Long-term debt, excluding current maturities180,032173,642196,229253,281241,873266,279
Liabilities, other than long-term debt58,94379,00288,066102,61326,43028,641
Accounts payable and accrued liabilities6867061,4931,5911,4721,444
Deferred income tax liabilities1,5545,6017,4389,60712,84210,714
Other liabilities14,26115,9559,12614,99512,11616,483
Operating lease, liability42,44256,74070,00976,42090,824102,355
Total noncurrent liabilities:238,975252,644284,295355,894359,127397,275
Total liabilities:370,278404,387436,263485,800573,428577,345
Equity
Equity, attributable to parent202,277229,923230,879240,088255,646230,136
Common stock227222218218220218
Additional paid in capital283,449280,566277,728274,579271,556268,666
Accumulated other comprehensive loss(18,045)(18,315)(33,499)(35,854)(33,549)(39,172)
Retained earnings (accumulated deficit)(63,354)(32,550)(13,568)1,14517,419424
Total equity:202,277229,923230,879240,088255,646230,136
TOTAL LIABILITIES AND EQUITY:572,555634,310667,142725,888829,074807,481

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues647,933682,952686,683727,662862,924769,169
Cost of revenue
(Cost of Product and Service Sold)		(407,238)(422,249)(432,044)(467,346)(559,605)(495,171)
Gross profit:240,695260,703254,639260,316303,319273,998
Operating expenses