Lsi Industries Inc. · NASDAQ:LYTS
Lsi Industries — Q4 FY2026 Earnings Presentation
16 slides from Lsi Industries's earnings presentation, Aug 20, 2026
Slide 1: Fiscal Fourth Quarter & Full-Year 2026 Results Conference Call
Fiscal Fourth Quarter & Full-Year 2026 Results Conference Call AUGUST 20, 2026
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements”—that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forwa
Slide 3: Key Messages
Key Messages SOLID Q4 COMPLETES PRODUCTIVE FY26. Q4 RESULTS INCLUDE +51% Y/Y REVENUE GROWTH, +8% ORGANIC FISCAL FOURTH QUARTER 2026 RESULTS GROWTH, +50% ADJUSTED EBITDA GROWTH Strong Q4FY26 Financial Performance Reflects Elevated Core LSI Refueling/C-Store Vertical Market Sales +16% Y/Y, Customer Pr
Slide 4: Consolidated Financial Results
Consolidated Financial Results LSI Bringing a “Category-of-One” Solutions Offering to Retail Branding Solutions TOTAL NET SALES ($M) OPERATING INCOME ($M) Strong market reception + elevated project Reported Operating Income Adj. Operating Income % Sales activity across our many of our key vertical +
Slide 5: Display Solutions Segment Update
Display Solutions Segment Update Strong Project Execution Across Broad Customer Base 18% y/y organic growth highlights continued DISPLAY SOLUTIONS SEGMENT SALES ($M) DISPLAY: ADJ. GROSS MARGIN ($M) underlying strength of project demand % Sales within key vertical markets; in Q4FY26 +200 +30% 19.2 %
Slide 6: Lighting Segment Update
Lighting Segment Update Strong Organic Growth in FY26, Project Timing Impacted Q4FY26 LIGHTING SEGMENT SALES ($M) LIGHTING: ADJ. GROSS MARGIN ($M) Delivered 7% Y/Y organic sales growth in +7 % % Sales FY26 driven by increased penetration of national accounts and improved demand for 34.0 % 34.8 % $26
Slide 7: Working Capital Update
Working Capital Update Working Capital TOTAL WORKING CAPITAL ($M) Q4 increase y/y driven by addition of Royston. WC decreased sequentially from $148.9 $146.0 Q3 driven by reduction in inventory $112.8 $96.8 $100.1 Net Accounts Receivable Accounts Receivable increased due to the 17% increase in seque
Slide 8: Balance Sheet Update
Balance Sheet Update Significant Liquidity to Support CREDIT FACILITY AVAILABILITY ($M) TTM FREE CASH FLOW ($M)(1) Growth More than $108 million of cash and available liquidity under our $350 million credit facility $108.3 $37.7 $37.9 $39.0 $34.7 $54.9 $23.3 Strong Free Cash Flow Generation Q4FY26 f
Slide 9: Appendix
Appendix © 2026 LSI INDUSTRIES 9
Slide 10: Statement on Non-GAAP Financial Measures
Statement on Non-GAAP Financial Measures This presentation includes adjustments to GAAP gross margin, operating income, net income, and earnings per share for the periods ending June 30, 2026, and June 30, 2025. Gross Margin, operating income, net income, and earnings per share, which exclude the im
Slide 11: Non-GAAP Reconciliation: Gross Margin
Non-GAAP Reconciliation RECONCILIATION OF REPORTED GROSS MARGIN TO ADJUSTED GROSS MARGIN LSI INDUSTRIES LIGHTING SEGMENT DISPLAY SOLUTIONS SEGMENT Q4 2025 Q4 2026 FY 25 FY 26 Q4 2025 Q4 2026 FY 25 FY 26 Q4 2025 Q4 2026 FY 25 FY 26 Net Sales 155,066 234,620 573,376 689,397 72,743 70,458 248,357 266,2
Slide 12: Non-GAAP Reconciliation: Operating Income
Non-GAAP Reconciliation RECONCILIATION OF REPORTED OPERATING INCOME TO ADJUSTED OPERATING INCOME LSI INDUSTRIES LIGHTING SEGMENT DISPLAY SOLUTIONS SEGMENT Q4 2025 Q4 2026 FY 25 FY 26 Q4 2025 Q4 2026 FY 25 FY 26 Q4 2025 Q4 2026 FY 25 FY 26 Net Sales 155,066 234,620 573,376 689,397 72,743 70,458 248,3
Slide 13: Non-GAAP Reconciliation: Net Income and EBITDA
Non-GAAP Reconciliation RECONCILIATION OF REPORTED NET INCOME TO ADJUSTED NET INCOME LSI INDUSTRIES Q4 2025 Q4 2026 FY 25 FY 26 Net Income Reported 8,172 6,878 24,383 22,581 Income tax 3,605 3,150 8,655 8,895 Interest expense, net 865 4,131 3,129 5,925 Other expense (income) (698) 331 (398) 1,002 Op
Slide 14: Non-GAAP Reconciliation: Free Cash Flow and Net Debt
Non-GAAP Reconciliation RECONCILIATION OF CASH FLOW FROM OPERATIONS TO FREE CASH FLOW FREE CASH FLOW Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026 FY 26 Cash Flow from Operations 9,499 675 24,984 6,930 11,559 44,148 Less: Capital Expenditures (950) (967) (1,684) (591) (1,900) (5,142) Free Cash Flow 8,549
Slide 15: Non-GAAP Reconciliation: Organic vs. Inorganic Sales Growth
Non-GAAP Reconciliation ORGANIC VS. INORGANIC SALES GROWTH ORGANIC COMPARED TO INORGANIC SALES FOURTH QUARTER Q4 2025 Q4 2026 % Variance Lighting Segment 72,743 70,458 -3% Display Solutions Segment Comparable Display Solutions Sales 82,323 97,266 18% Canada’s Best - - Royston - 66,897 Total Display
Slide 16: For Additional Questions, Please Contact
For Additional Questions, Please Contact 720 778 2415 Thank you, LSI Investor Relations © 2026 LSI INDUSTRIES 16