Lifeward Ltd. (LFWD) Financial Statements
Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies
In fiscal 2025, Lifeward reported revenue of $22.0M, down 14.1% from $25.7M the year before. Net income was -$19.9M (a -90.4% net margin), or -$17.16 per diluted share. Gross margin was 38.2% and operating margin was -89.3%. Operating activities generated -$16.8M of cash, leaving -$16.8M of free cash flow. At fiscal year end, Lifeward held $22.9M in total assets against $14.5M in total liabilities, including $2.2M of cash and equivalents.
Open the full interactive Lifeward financials → Quarterly statements, key ratios, valuation history and price charts.
Lifeward Key Stats
| Share Price | $6.10 |
|---|---|
| Market Cap | $17.1M |
| Revenue YoY Growth | -14.1% |
| 52-Week Range | $4.60 – $9.30 |
| Shares Outstanding | 2.8 million (basic, 2026 Q2) |
Lifeward Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.4M | $6.0M | $5.5M | $13.9M | $25.7M | $22.0M |
| Gross Profit | $2.2M | $2.9M | $1.9M | $4.5M | $8.2M | $8.4M |
| Operating Income | -$12.0M | -$12.7M | -$19.1M | -$23.6M | -$29.3M | -$19.7M |
| Pre-Tax Income | -$12.9M | -$12.6M | -$19.1M | -$22.1M | -$28.9M | -$20.0M |
| Income Tax | $51,000 | $94,000 | $467,000 | -$12,000 | $43,000 | -$55,000 |
| Net Income | -$13.0M | -$12.7M | -$19.6M | -$22.1M | -$28.9M | -$19.9M |
| Diluted EPS | -$68.88 | -$22.68 | -$26.04 | -$31.08 | -$39.96 | -$17.16 |
Lifeward Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.2M | $5.1M | $3.9M | $6.6M |
| Net Income | -$3.2M | -$5.3M | -$10.8M | -$11.5M |
| Diluted EPS | -$2.40 | -$4.61 | -$6.70 | -$4.12 |
Lifeward Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $20.4M | $88.3M | $67.9M | $28.1M | $6.7M | $2.2M |
| Current Assets | $25.2M | $92.5M | $72.5M | $39.2M | $21.3M | $15.8M |
| Total Assets | $28.1M | $94.8M | $74.2M | $63.2M | $30.5M | $22.9M |
| Current Liabilities | $4.7M | $4.0M | $4.8M | $11.8M | $10.2M | $12.0M |
| Total Long-Term Debt | $704,000 | $713,000 | $659,000 | $709,000 | $362,000 | $410,000 |
| Total Liabilities | $6.3M | $5.4M | $6.1M | $16.7M | $11.6M | $14.5M |
| Shareholders' Equity | $21.8M | $89.4M | $68.2M | $46.5M | $18.8M | $8.4M |
Lifeward Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$12.6M | -$11.5M | -$17.9M | -$20.7M | -$21.7M | -$16.8M |
| Cash From Investing | -$73,000 | -$47,000 | -$25,000 | -$18.1M | $0 | -$16,000 |
| Cash From Financing | $16.7M | $79.5M | -$2.5M | -$992,000 | $0 | $12.2M |
| Free Cash Flow | -$12.7M | -$11.5M | -$17.9M | -$20.8M | -$21.7M | -$16.8M |
Figures from Lifeward's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Lifeward financials page for every line item.
Lifeward Company Profile
| Ticker | LFWD |
|---|---|
| Exchange | Nasdaq |
| Industry | Orthopedic, Prosthetic & Surgical Appliances & Supplies |
| Headquarters | Hudson, Massachusetts |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001607962 |
Frequently Asked Questions
What was Lifeward's revenue in fiscal 2025?
Lifeward (LFWD) reported revenue of $22.0M for fiscal 2025.
What is Lifeward's annual revenue history?
Lifeward's annual revenue by fiscal year: 2020: $4.4M; 2021: $6.0M; 2022: $5.5M; 2023: $13.9M; 2024: $25.7M; 2025: $22.0M.
What was Lifeward's net income in fiscal 2025?
Lifeward reported net income of -$19.9M for fiscal 2025.
What was Lifeward's earnings per share (EPS) in fiscal 2025?
Lifeward's diluted EPS was -$17.16 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Lifeward generate in fiscal 2025?
Lifeward generated -$16.8M of free cash flow in fiscal 2025.
What was Lifeward's revenue last quarter?
In its most recent reported quarter (2026 Q2), Lifeward reported revenue of $6.6M.
How much debt does Lifeward have?
Lifeward reported $410,000 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Lifeward are outstanding?
Lifeward reported a weighted average of 2.8 million basic shares outstanding in 2026 Q2.
What is Lifeward's market cap?
Based on its latest closing price, Lifeward (LFWD) has a market capitalization of about $17.1M.
When does Lifeward's fiscal year end?
Lifeward's fiscal year end, as registered with the SEC, is December 31.
Where is Lifeward headquartered?
Lifeward lists its business address in Hudson, Massachusetts in its SEC filings.