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Financial Performance

Lamb Weston Revenue & Financials

Revenue

$6.6B (FY2026)

Market Cap

$6.4B

Net Income

$290M

Employees

10,000

What is Lamb Weston's revenue?

Lamb Weston had $6.6B in revenue for fiscal year 2026, up 2.5% from 2025. Net income was $290M.

Latest revenue
$6.6B (FY2026)
Year-over-year
+2.5%
Growth rate (CAGR)
8.5% over 9 years
Peak revenue
$6.6B (FY2026)
Years of data
10
Employees
10,000
What is Lamb Weston's operating income?
Lamb Weston reported operating income of $591.1M for fiscal year 2026. sec.gov
How much profit does Lamb Weston make?
Lamb Weston reported net income of $290M for fiscal year 2026. businesswire.com
How many employees does Lamb Weston have?
Lamb Weston has about 10,000 employees.

Financial Analysis

Sales climbed from $3.17 billion in fiscal 2017 to $6.47 billion in fiscal 2024, helped by post-pandemic pricing and the 2023 consolidation of its European joint venture. Profit then fell: net income dropped from $1.01 billion in fiscal 2023 to $357.2 million in fiscal 2025 and $290 million in fiscal 2026. Fiscal 2026 adjusted EBITDA was $1.147 billion, capital spending was cut to $410 million, free cash flow reached $537 million, and $321 million went back to shareholders through dividends and buybacks. Lamb Weston Holdings, Inc. is one of the world's largest producers of frozen french fries, sustaining a market valuation typically exceeding $10 billion.

Revenue Trend Analysis

YoY Change

+2.5%

9-Year CAGR

+8.5%

Peak Year

2026

Trend

Consistent Growth

Lamb Weston Holdings, Inc. has 10 full fiscal year figures on this page, compounding at +8.5% annually over 9 years. The most recent year saw a 2.5% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $6.6B. Of 9 comparable year-over-year steps, 7 showed growth and 2 showed a decline.

Annual revenue history

Fiscal YearRevenueOperating IncomeNet IncomeYoY ChangeSource
FY2026$6.6B$591.1Mfiling$290M+2.5%Lamb Weston Q4 and full year fiscal 2026 results press release (July 24, 2026)

53-week fiscal year ended 2026-05-31. Net sales up 2.5% year over year.

FY2025$6.5B$665.1M$357.2M-0.3%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-07-24)

Fiscal year ended 2025-05-25.

FY2024$6.5B$1.1B$725.5M+20.9%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-07-24)

Fiscal year ended 2024-05-26.

FY2023$5.4B$882.1M$1B+30.5%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2025-07-23)

Fiscal year ended 2023-05-28.

FY2022$4.1B$444.4M$200.9M+11.7%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2024-07-24)

Fiscal year ended 2022-05-29.

FY2021$3.7B$474.8M$317.8M-3.2%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2023-07-25)

Fiscal year ended 2021-05-30.

FY2020$3.8B$556.9M$365.9M+1.0%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2022-07-27)

Fiscal year ended 2020-05-31.

FY2019$3.8B$668.4M$478.6M+9.7%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2021-07-27)

Fiscal year ended 2019-05-26.

FY2018$3.4B$580.1M$416.8M+8.1%Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2020-07-28)

Fiscal year ended 2018-05-27.

FY2017$3.2B$518.3M$326.9M—Lamb Weston Holdings, Inc. annual report (Form 10-K, SEC EDGAR, filed 2019-07-25)

Fiscal year ended 2017-05-28.

Click any row to see year details.

Lamb Weston Holdings, Inc. balance sheet and cash flow

Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.

Fiscal YearOperating cash flowCapital expendituresTotal assetsShareholders' equityFree cash flowSource
FY2026ended May 31, 2026$942.9M$402.7M$7.4B$1.8B$540.2MForm 10-K
FY2025ended May 25, 2025$868.3M$638.2M$7.4B$1.7B$230.1MForm 10-K
FY2024ended May 26, 2024$798.2M$929.5M$7.4B$1.8B-$131.3MForm 10-K
FY2023ended May 28, 2023$761.7M$654M$6.5B$1.4B$107.7MForm 10-K
FY2022ended May 29, 2022$418.6M$290.1M$4.1B$360.5M$128.5MForm 10-K
FY2021ended May 30, 2021$552.7M$147.2M$4.2B$480.6M$405.5MForm 10-K
FY2020ended May 31, 2020$574M$167.7M$4.7B$240M$406.3MForm 10-K
FY2019ended May 26, 2019$680.9M$334.2M$3B-$4.6M$346.7MForm 10-K
FY2018ended May 27, 2018$481.2M$306.8M$2.8B-$334.8M$174.4MForm 10-K
FY2017ended May 28, 2017$446.9M$287.4M$2.5B-$647.2M$159.5MForm 10-K

Keep researching Lamb Weston

Lamb Weston Revenue and Financial FAQ

What is Lamb Weston's annual revenue?

Lamb Weston reported net sales of $6.612 billion for fiscal 2026 (53 weeks ended May 31, 2026), up from $6.451 billion in fiscal 2025.

Is Lamb Weston profitable?

Yes. Fiscal 2026 net income was $290 million (diluted EPS $2.08), down from $357.2 million in fiscal 2025 and $1.01 billion in fiscal 2023.

What is Lamb Weston's adjusted EBITDA?

Fiscal 2026 adjusted EBITDA was $1.147 billion, above the company's guidance of $1.14 billion.

How much cash does Lamb Weston generate?

Free cash flow was $537 million in fiscal 2026 after capital expenditures of $410 million. The company returned $321 million to shareholders through dividends and buybacks.

How big are Lamb Weston's segments?

North America accounts for roughly two-thirds of net sales and International for about one-third.

Is Lamb Weston a public company?

Yes. For decades, it was owned by Conagra Foods (a massive consumer packaged goods conglomerate). However, in 2016, Conagra realized that the frozen potato division was vastly more profitable and faster-growing than its legacy canned goods. Conagra executed a highly successful corporate spin-off, allowing Lamb Weston to trade independently on the New York Stock Exchange as a pure-play potato giant.

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CorpDigest. "Lamb Weston Revenue & Financials." CorpDigest, https://corpdigest.com/company/lamb-weston/financials.
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