Overview
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- TickerLYTS on Nasdaq2
- IndustryElectric Lighting & Wiring Equipment2
- HeadquartersCincinnati, United States2
- Incorporated inOH4
- Business address10000 Alliance Rd, P O Box 42728, Cincinnati, Oh 452424
- Filer categoryAccelerated filer4
- Legal formCorporation2
- LEI529900HY42OANH6BVT332
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o KEATING MUETHING, ONE EAST FOURTH ST, 45202 Cincinnati, United States2
- Registered withCorporation Database (Ohio Secretary of State), 7577132
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LSI Industries Inc. (LSI) is a leading producer of non-residential lighting and retail display solutions. Non-residential lighting consists of American-made fixtures and services for both indoor and outdoor applications satisfying the specific performance requirements of our customers. Retail display solutions consist of multiple custom products and services which enhance our customer’s brand image and improve the consumer shopping experience. We offer customers in target vertical markets a package solution set of both lighting and display solutions, providing value for the customer by working with one solutions partner to manage their regional and national location programs, versus multiple suppliers.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Display Solutions brought in 60% of the revenue LSI INDUSTRIES INC broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2024 | 2025 | 2026 |
|---|---|---|---|
| Display Solutions | $207.2M | $325.0M | $423.2M |
| Lighting | $285.3M | $268.3M | $281.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue75¢$516.0M
- Research and development0¢$3.1M
- Selling, general and admin20¢$135.0M
- Interest1¢$5.9M
- Income tax1¢$8.9M
- Profit3¢$22.6M
Out of $689.4M in revenue.3
Where each dollar of operating cash went, fiscal 2026
- Capital spending12¢$5.1M
- Dividends paid15¢$6.5M
- Kept or used elsewhere74¢$32.5M
Out of $44.1M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 12 quarters (quarterly), latest first.3
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Net Sales | $689.4M | $573.4M | $469.6M |
| Cost of products and services sold | $516.0M | $431.6M | $336.5M |
| Gross profit | $173.4M | $141.8M | $133.2M |
| Selling and administrative expenses | $135.0M | $106.0M | $97.7M |
| Operating income | $38.4M | $35.8M | $35.5M |
| Interest expense | $5.9M | $3.1M | $2.2M |
| Other (income) and expense | $1.0M | -$398.0K | $262.0K |
| Income before income taxes | $31.5M | $33.0M | $33.1M |
| Income tax expense | $8.9M | $8.7M | $8.1M |
| Net income | $22.6M | $24.4M | $25.0M |
| Basic (in dollars per share) | $0.69 | $0.82 | $0.86 |
| Diluted (in dollars per share) | $0.67 | $0.79 | $0.83 |
| Basic (in shares) | 32.9M shares | 29.9M shares | 29.0M shares |
| Diluted (in shares) | 33.7M shares | 30.8M shares | 30.1M shares |
| Period ending | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | $57.4M | $38.2M | $37.4M | $40.3M | $40.4M | $32.8M | $34.9M | $33.6M | $33.8M | $31.2M | $31.5M | $36.6M |
| Net income | $6.9M | $2.1M | $6.3M | $7.3M | $8.2M | $3.9M | $5.6M | $6.7M | $5.7M | $5.4M | $5.9M | $8.0M |
| Basic (in dollars per share) | $0.19 | $0.06 | $0.20 | $0.24 | $0.27 | $0.13 | $0.19 | $0.23 | $0.19 | $0.18 | $0.20 | $0.28 |
| Diluted (in dollars per share) | $0.18 | $0.06 | $0.20 | $0.23 | $0.26 | $0.13 | $0.18 | $0.22 | $0.19 | $0.18 | $0.20 | $0.27 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $14.2M | $3.5M | ||
| Accounts receivable, less allowance for credit losses of $1,895, and $1,152, respectively | $151.2M | $104.3M | ||
| Inventories | $112.3M | $79.8M | ||
| Refundable income tax | $6.3M | $0 | ||
| Other current assets | $11.8M | $6.5M | ||
| Total current assets | $295.9M | $194.2M | ||
| Land | $4.0M | $4.0M | ||
| Buildings | $30.9M | $24.6M | ||
| Machinery and equipment | $100.1M | $77.9M | ||
| Construction in progress | $2.1M | $989.0K | ||
| Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization | $137.1M | $107.5M | ||
| Less accumulated depreciation | -$80.4M | -$76.3M | ||
| Net property, plant and equipment | $56.7M | $31.2M | ||
| Goodwill | $172.1M | $64.5M | ||
| Intangible assets, net | $249.2M | $78.3M | ||
| Operating lease right-of-use assets | $49.5M | $17.2M | ||
| Deferred tax assets | $0 | $7.3M | ||
| Other long-term assets, net | $6.5M | $3.7M | ||
| Total assets | $829.9M | $396.4M | ||
| Current maturities of long-term debt | $10.0M | $3.6M | ||
| Accounts payable | $72.0M | $48.5M | ||
| Accrued Liabilities, Current | $67.9M | $45.3M | ||
| Total current liabilities | $149.9M | $97.3M | ||
| Long-term debt | $245.9M | $45.0M | ||
| Operating lease liabilities | $38.5M | $12.0M | ||
| Other long-term liabilities | $2.9M | $4.7M | ||
| Deferred tax liabilities | $27.0M | $3.2M | ||
| Commitments and contingencies (Note 16) | $4.9M | $3.4M | ||
| Preferred shares, without par value; Authorized 1,000,000 shares, none issued | $0 | $0 | ||
| Common shares, without par value; Authorized 50,000,000 shares; Outstanding 36,972,819, and 30,054,532 shares, respectively | $277.9M | $163.7M | ||
| Treasury shares, without par value | -$11.2M | -$10.0M | ||
| Key executive compensation | $11.2M | $10.0M | ||
| Retained earnings | $82.3M | $66.2M | ||
| Accumulated other comprehensive income | $498.0K | $829.0K | ||
| Total shareholders' equity | $360.7M | $230.7M | $204.4M | $177.6M |
| Total liabilities & shareholders' equity | $829.9M | $396.4M | ||
| Allowance for doubtful accounts | $1.9M | $1.2M | ||
| Preferred shares, par value (in dollars per share) | $0 | $0 | ||
| Preferred shares, authorized shares (in shares) | 1.0M shares | 1.0M shares | ||
| Preferred shares, issued (in shares) | 0 shares | 0 shares | ||
| Common shares, par value (in dollars per share) | $0 | $0 | ||
| Common shares, authorized shares (in shares) | 50.0M shares | 50.0M shares | ||
| Common shares, outstanding (in shares) | 37.0M shares | 30.1M shares | ||
| Common shares, issued (in shares) | 37.0M shares | 30.1M shares |
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $14.2M | $3.5M | ||
| Accounts receivable, less allowance for credit losses of $1,895, and $1,152, respectively | $151.2M | $104.3M | ||
| Inventories | $112.3M | $79.8M | ||
| Refundable income tax | $6.3M | $0 | ||
| Other current assets | $11.8M | $6.5M | ||
| Total current assets | $295.9M | $194.2M | ||
| Land | $4.0M | $4.0M | ||
| Buildings | $30.9M | $24.6M | ||
| Machinery and equipment | $100.1M | $77.9M | ||
| Construction in progress | $2.1M | $989.0K | ||
| Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization | $137.1M | $107.5M | ||
| Less accumulated depreciation | -$80.4M | -$76.3M | ||
| Net property, plant and equipment | $56.7M | $31.2M | ||
| Goodwill | $172.1M | $64.5M | ||
| Intangible assets, net | $249.2M | $78.3M | ||
| Operating lease right-of-use assets | $49.5M | $17.2M | ||
| Deferred tax assets | $0 | $7.3M | ||
| Other long-term assets, net | $6.5M | $3.7M | ||
| Total assets | $829.9M | $396.4M | ||
| Current maturities of long-term debt | $10.0M | $3.6M | ||
| Accounts payable | $72.0M | $48.5M | ||
| Accrued Liabilities, Current | $67.9M | $45.3M | ||
| Total current liabilities | $149.9M | $97.3M | ||
| Long-term debt | $245.9M | $45.0M | ||
| Operating lease liabilities | $38.5M | $12.0M | ||
| Other long-term liabilities | $2.9M | $4.7M | ||
| Deferred tax liabilities | $27.0M | $3.2M | ||
| Commitments and contingencies (Note 16) | $4.9M | $3.4M | ||
| Preferred shares, without par value; Authorized 1,000,000 shares, none issued | $0 | $0 | ||
| Common shares, without par value; Authorized 50,000,000 shares; Outstanding 36,972,819, and 30,054,532 shares, respectively | $277.9M | $163.7M | ||
| Treasury shares, without par value | -$11.2M | -$10.0M | ||
| Key executive compensation | $11.2M | $10.0M | ||
| Retained earnings | $82.3M | $66.2M | ||
| Accumulated other comprehensive income | $498.0K | $829.0K | ||
| Total shareholders' equity | $360.7M | $230.7M | $204.4M | $177.6M |
| Total liabilities & shareholders' equity | $829.9M | $396.4M | ||
| Allowance for doubtful accounts | $1.9M | $1.2M | ||
| Preferred shares, par value (in dollars per share) | $0 | $0 | ||
| Preferred shares, authorized shares (in shares) | 1.0M shares | 1.0M shares | ||
| Preferred shares, issued (in shares) | 0 shares | 0 shares | ||
| Common shares, par value (in dollars per share) | $0 | $0 | ||
| Common shares, authorized shares (in shares) | 50.0M shares | 50.0M shares | ||
| Common shares, outstanding (in shares) | 37.0M shares | 30.1M shares | ||
| Common shares, issued (in shares) | 37.0M shares | 30.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2026-06-30 | 2025-06-30 | 2024-06-30 |
|---|---|---|---|
| Net income | $22.6M | $24.4M | $25.0M |
| Depreciation and amortization | $16.6M | $12.6M | $10.0M |
| Deferred income taxes | $5.9M | -$2.4M | -$1.6M |
| Deferred compensation plan | $1.9M | $1.9M | $1.9M |
| Stock compensation expense | $3.9M | $4.2M | $3.8M |
| ESPP discount | $335.0K | $218.0K | $194.0K |
| Issuance of common shares as compensation | $360.0K | $450.0K | $450.0K |
| Loss on disposition of fixed assets | $102.0K | $204.0K | $306.0K |
| Allowance for credit losses | -$7.0K | $231.0K | $57.0K |
| Inventory obsolescence reserve | -$643.0K | $528.0K | -$1.3M |
| Accounts receivable | -$10.4M | -$22.1M | $10.4M |
| Inventories | -$2.4M | -$5.2M | $6.3M |
| Refundable income taxes | -$3.4M | $3.2M | -$77.0K |
| Accounts payable | $6.6M | $16.3M | -$4.1M |
| Accrued expenses and other | $2.7M | $3.6M | -$7.9M |
| Net cash flows provided by operating activities | $44.1M | $38.1M | $43.4M |
| Acquisition of Royston, EMI and CBH, net of cash acquired, and shares used in acquisition | -$331.6M | -$24.6M | -$49.9M |
| Purchases of property, plant, and equipment | -$5.1M | -$3.5M | -$5.4M |
| Proceeds from the sale of fixed assets | $146.0K | $50.0K | $35.0K |
| Net cash flows used in investing activities | -$336.6M | -$28.0M | -$55.3M |
| Payments on long-term debt | -$1.3B | -$199.8M | -$139.9M |
| Borrowings on long-term debt | $1.5B | $194.1M | $158.9M |
| Equity raise | $98.1M | $0 | $0 |
| Cash dividends paid | -$6.5M | -$6.0M | -$5.7M |
| Shares withheld on employees' taxes | $178.0K | -$509.0K | -$447.0K |
| Payments on financing lease obligations | $0 | -$340.0K | -$324.0K |
| Proceeds from stock option exercises | $4.4M | $1.1M | $1.8M |
| Net cash flows provided by (used in) financing activities | $303.6M | -$11.4M | $14.3M |
| Increase (decrease) in cash and cash equivalents | $10.8M | -$653.0K | $2.3M |
| Change related to Foreign Currency | -$331.0K | $627.0K | -$165.0K |
No quarter-by-quarter statement was filed.
Corporate structure
LSI INDUSTRIES INC sits at the top of its group. 22 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of LSI INDUSTRIES INC
- SYSTEMATIC FINANCIAL MANAGEMENT LP Filed SCHEDULE 13G/A on LSI INDUSTRIES INC, latest Aug 14, 2026 (7 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on LSI INDUSTRIES INC, latest Jul 29, 2026 (3 filings since Jan 26, 2024)
- ROYCE & ASSOCIATES LP Filed SCHEDULE 13G on LSI INDUSTRIES INC, latest Jul 22, 2026 (3 filings since Jan 21, 2022)
- FMR LLC Filed SCHEDULE 13G on LSI INDUSTRIES INC, latest Jul 8, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on LSI INDUSTRIES INC, latest Mar 27, 2026 (3 filings since Nov 4, 2024)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on LSI INDUSTRIES INC, latest Oct 9, 2025 (4 filings since Feb 8, 2022)
- KENNEDY CAPITAL MANAGEMENT LLC Filed SC 13G/A on LSI INDUSTRIES INC, latest Feb 14, 2022
- LSI INDUSTRIES INC Cincinnati, Ohio, United States
- Atlas Lighting Products, Inc. Subsidiary · North Carolina, United States
- Canada’s Best Store Fixtures Inc. Subsidiary · Ontario, Canada
- EMI Acquisition Company Inc. Subsidiary · Ohio, United States
- Grady McCauley Inc. Subsidiary · Ohio, United States
- Hamilton Laboratory Solutions (Shanghai) Co., LTD Subsidiary · China
- JSI Holding Corp. Subsidiary · Delaware, United States
- JSI SF Inc. Subsidiary · Delaware, United States
- JSI Store Fixtures Canada Inc. Subsidiary · British Columbia, Canada
- JSI Store Fixtures Inc. Subsidiary · Delaware, United States
- LSI ADL Technology Inc. Subsidiary · Ohio, United States
- LSI Fresh Subsidiary Inc. Subsidiary · Ohio, United States
- LSI Graficas e Illuminacion S. de de R.L. de C.V. Subsidiary · Mexico
- LSI Integrated Graphics LLC Subsidiary · Ohio, United States
- LSI International Holdings, Inc. Subsidiary · Ohio, United States
- LSI International, LLC Subsidiary · Ohio, United States
- LSI Kentucky LLC Subsidiary · Ohio, United States
- Milo Holding Corp. Subsidiary · Delaware, United States
- Royston Hamilton, LLC Subsidiary · Delaware, United States
- Royston, LLC (dba Southern Case Arts) Subsidiary · Georgia, United States
- SignResource, LLC Subsidiary · California, United States
- SRR Holdings Inc. Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What LSI INDUSTRIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $4.0M3 Jun 30, 2026 | $4.0M3 Jun 30, 2025 | −0.5% |
| Buildings and improvements | $30.9M3 Jun 30, 2026 | $24.6M3 Jun 30, 2025 | +25.6% |
| Machinery and equipment | $100.1M3 Jun 30, 2026 | $77.9M3 Jun 30, 2025 | +28.6% |
| Construction in progress | $2.1M3 Jun 30, 2026 | $989.0K3 Jun 30, 2025 | +111.7% |
| Finance-lease assets | $012 Jun 30, 2025 | $842.0K12 Jun 30, 2024 | −100.0% |
| Operating-lease assets (leased space) | $49.5M3 Jun 30, 2026 | $17.2M3 Jun 30, 2025 | +188.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $14.2M3 Jun 30, 2026 | $3.5M3 Jun 30, 2025 | +312.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $172.1M3 Jun 30, 2026 | $64.5M3 Jun 30, 2025 | +166.7% |
| Intangible assets, net (excluding goodwill) | $249.2M3 Jun 30, 2026 | $78.3M3 Jun 30, 2025 | +218.4% |
| Indefinite-lived intangibles (excluding goodwill) | $40.8M3 Jun 30, 2026 | $17.0M3 Jun 30, 2025 | +140.0% |
| Finite-lived intangibles, gross | $262.9M3 Jun 30, 2026 | $107.2M3 Jun 30, 2025 | +145.3% |
| Accumulated amortization | $54.5M3 Jun 30, 2026 | $45.9M3 Jun 30, 2025 | +18.8% |
| Finite-lived intangibles, net | $208.4M3 Jun 30, 2026 | $61.3M3 Jun 30, 2025 | +240.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $112.3M3 Jun 30, 2026 | $79.8M3 Jun 30, 2025 | +40.7% |
| Work in process | $9.7M3 Jun 30, 2026 | $7.9M3 Jun 30, 2025 | +22.4% |
| Finished goods | $17.3M3 Jun 30, 2026 | $11.2M3 Jun 30, 2025 | +55.3% |
Properties, in its own words
Description · Size · Location · Status
1a) · Corporate Headquarters and Lighting and Display Solutions manufacturing · 243,000 sq. ft. (includes 66,000 sq. ft of office space) · Cincinnati, OH · Owned
The rest of Item 2
1b) · Lighting manufacturing · 122,000 sq. ft. · Cincinnati, OH · Owned
2) · Lighting office and manufacturing · 96,000 sq. ft. (includes 5,000 sq. ft. of office space) · Independence, KY · Owned
3) · Display Solutions office and manufacturing · 183,000 sq. ft. (includes 34,000 sq. ft. of office space) · Houston, TX · Leased
4) · Display Solutions office · 10,000 sq. ft. · Uniontown, OH · Leased
5a) · Lighting office and manufacturing · 57,000 sq. ft. (includes 5,000 sq. ft. of office space) · Columbus, OH · Owned
5b) · Lighting office and manufacturing · 56,500 sq. ft. (includes 9,000 sq. ft. of office space) · Columbus, OH · Leased
6) · Lighting office and manufacturing · 336,000 sq. ft. (includes 60,000 sq. ft. of office space) · Burlington, NC · Leased
7) · Display Solutions office and manufacturing · 77,000 sq. ft. (includes 8,000 sq. ft. of office space · Milo, ME · Owned
8) · Display Solutions office and manufacturing · 106,000sq. ft. (includes 4,000 sq. ft. of office space) · Bangor, ME · Leased
9) · Display Solutions manufacturing · 77,000 sq. ft. · Collingwood, ON · Leased
10) · Display Solutions manufacturing · 68,000 sq. ft. · Payson, UT · Leased
11) · Display Solutions office and manufacturing · 124,000 sq. ft. · Tampa, FL · Leased
12) · Display Solutions manufacturing · 61,000 sq. ft. · Arlington, TX · Leased
13) · Display Solutions office and manufacturing · 110,000 sq. ft. (includes 4,000 sq. ft. of office space) · Cranston, RI · Leased
14) · Display Solutions manufacturing · 37,000 sq. ft. · Boonton, NJ · Leased
15) · Display Solutions manufacturing · 62,000 sq. ft. · Alpharetta, GA · Leased
16) · Display Solutions warehouse · 5,400 sq. ft. · Queretaro, Mexico · Leased
17a) · Display Solutions manufacturing · 47,500 sq. ft. (includes 1,050 sq. ft. of office space) · Ontario, Canada · Leased
17b) · Display Solutions manufacturing and · 57,500 sq. ft. · Ontario, Canada · Leased
distribution warehouse
17c) · Distribution warehouse · 12,000 sq. ft. · Ontario, Canada · Leased
18) · Distribution warehouse · 12,000 sq. ft. · Alberta, Canada · Leased
19) · Distribution warehouse · 257,300 sq. ft. · Pendergrass, GA · Leased
20) · Display Solutions manufacturing · 96,400 sq. ft. · Bell Garden, CA · Leased
21) · Display Solutions manufacturing · 69,400 sq. ft. (includes 4,300 sq. ft. of office space) · Jacksboro, TN · Leased
22) · Display Solutions manufacturing · 396,000 sq. ft. · Jasper, GA · Leased
23) · Display Solutions manufacturing · 228,500 sq. ft. (includes 7,000 sq. ft. of office space) · Royston, GA · Leased
24) · Display Solutions manufacturing · 97,700 sq. ft. · Bessemer, AL · Leased
25) · Office space · 1,600 sq. ft. · Atlanta, GA · Leased
26) · Office space · 600 sq. ft. · Manitowoc, WI · Leased
Note: Some properties are close in proximity and therefore are grouped together in this schedule
Item 2 of the 10-K filed Sep 3, 2026.6
Leadership
Who has led LSI INDUSTRIES INC, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerRonald D. Brown Apr 23, 2018 to Sep 6, 201815
- Chief executive officerDennis W. Wells Nov 20, 2014 to Apr 4, 201816
- Chief executive officerRobert J. Ready Aug 28, 2006 to Aug 27, 201417
- ChairRobert J. Ready Aug 28, 2006 to Feb 4, 201517
- PresidentCrawford C. Lipsey Apr 23, 2018 to Nov 13, 201818
- PresidentDennis W. Wells Jan 6, 2015 to Apr 4, 201819
- PresidentScott Ready Aug 23, 2011 to Aug 27, 201420
- PresidentFred Jalbout Jun 27, 2006 to Sep 14, 200721
- PresidentDavid McCauley Aug 28, 2006 to Aug 28, 201522
- PresidentRobert J. Ready Aug 28, 2006 to Jun 2, 201117
- Chief financial officerJames E. Galeese Jun 13, 2017 to now23
- Chief financial officerRonald S. Stowell Feb 6, 2006 to Sep 19, 201724
- Chief operating officerCrawford C. Lipsey Apr 23, 2018 to Nov 13, 201818
- Chief operating officerDennis W. Wells Oct 1, 2014 to Nov 3, 201425
Board members and other officers (27)
- Chief Marketing OfficerMichael A. Prachar Jan 24, 2020 to Aug 17, 202326
- Sr Vice President - OperationsMichael C. Beck Feb 11, 2019 to Aug 8, 202227
- CIOSteve A. Brunker Sep 5, 2019 to Sep 5, 201928
- SVP Global SourcingSylvia M. Astrop Sep 5, 2019 to Sep 5, 201929
- Exec.VP, HR & GC, SecretaryHoward E. Japlon Apr 27, 2017 to May 2, 201930
- Chief Accounting OfficerJeffery S. Bastian Jun 13, 2017 to Aug 13, 202431
- Executive VP and CTOAndrew Foerster Mar 3, 2015 to Nov 2, 201832
- Executive VP and SecretaryPaul T. Foster Mar 3, 2015 to Jun 1, 201733
- Pres., Graphics SegmentJeff A. Croskey Oct 13, 2015 to May 2, 201934
- Pres. - LSI Lighting SolutionsShawn Toney Sep 2, 2014 to Jul 25, 201735
- Pres., LSI Saco TechnologiesFred Jalbout Apr 30, 2008 to Mar 12, 201036
- Executive VP - ManufacturingJames P/ Sferra Aug 28, 2006 to Aug 25, 201537
- Pres-LSI Light. Solutions PlusScott Ready Aug 28, 2006 to Aug 23, 201038
- Board memberErnest W. Marshall Jr. Aug 17, 2022 to now39
- Board memberChantel E. Lenard Jun 19, 2020 to now40
- Board memberAmy Hanson Jan 24, 2019 to now41
- Board memberRonald D. Brown Dec 14, 2018 to now42
- Board memberRobert Allan Steele Jul 26, 2016 to Apr 3, 201943
- Board memberRobert J. Ready Feb 13, 2015 to Mar 12, 201544
- Board memberDennis W. Wells Dec 9, 2015 to May 29, 201845
- Board memberRobert P. Beech Jul 2, 2013 to now46
- Board memberDennis B. Meyer Jan 5, 2006 to Oct 12, 201647
- Board memberGary P. Kreider Jan 5, 2006 to Jan 24, 201948
- Board memberMark A. Serrianne Jan 5, 2006 to Oct 12, 201649
- Board memberWilfred T. Ogara Jan 5, 2006 to now50
- Board memberJames P/ Sferra Aug 28, 2006 to Jan 16, 201937
- General counselThomas A. Caneris Aug 5, 2019 to now51
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorJames A. Clark named Mar 25, 202652
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Atlas Lighting Products, Inc. North Carolina5
- Canada’s Best Store Fixtures Inc. Ontario5
- EMI Acquisition Company Inc. Ohio5
- Grady McCauley Inc. Ohio5
- Hamilton Laboratory Solutions (Shanghai) Co., LTD China5
- JSI Holding Corp. Delaware5
- JSI SF Inc. Delaware5
- JSI Store Fixtures Canada Inc. British Columbia5
- JSI Store Fixtures Inc. Delaware5
- LSI ADL Technology Inc. Ohio5
- LSI Fresh Subsidiary Inc. Ohio5
- LSI Graficas e Illuminacion S. de de R.L. de C.V. Mexico5
- LSI Integrated Graphics LLC Ohio5
- LSI International Holdings, Inc. Ohio5
- LSI International, LLC Ohio5
- LSI Kentucky LLC Ohio5
- Milo Holding Corp. Delaware5
- Royston Hamilton, LLC Delaware5
- Royston, LLC (dba Southern Case Arts) Georgia5
- SRR Holdings Inc. Delaware5
- SignResource, LLC California5
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 25, 20268-K Executive or director change53
- Aug 20, 20268-K Executive or director change54
- Aug 20, 20268-K Results of operations; Regulation FD disclosure55
- Jun 5, 20268-K Financial statements and exhibits56
- Apr 23, 20268-K Results of operations; Regulation FD disclosure57
- Mar 24, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation58
- Mar 2, 20268-K Entered a material agreement; Other events59
- Feb 25, 20268-K Entered a material agreement; Regulation FD disclosure; Other events60
- Jan 22, 20268-K Results of operations; Regulation FD disclosure61
- Nov 10, 20258-K Shareholder vote62
- Nov 6, 20258-K Results of operations; Regulation FD disclosure63
- Nov 5, 20258-K Entered a material agreement; New debt or obligation64
- Apr 23, 2018New chief executive Ronald D. Brown becomes CEO15
- Nov 20, 2014New chief executive Dennis W. Wells becomes CEO16
- Aug 28, 2006New chief executive Robert J. Ready becomes CEO17
Calendar
Coming up
- Nov 5, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.23 a share, on Nov 6, 2025.65
When it reported results
- Aug 20, 2026Reported quarterly or annual results55
- Apr 23, 2026Reported quarterly or annual results57
- Jan 22, 2026Reported quarterly or annual results61
- Nov 6, 2025Reported quarterly or annual results63
- Aug 21, 2025Reported quarterly or annual results66
- Apr 24, 2025Reported quarterly or annual results67
- Jan 23, 2025Reported quarterly or annual results68
- Nov 7, 2024Reported quarterly or annual results69
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
384 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 51 major events, 236 insider forms, 22 large holders, 1 private raises, 54 other. The latest 20:
- Oct 9, 2026ARS EDGAR
- Oct 9, 2026DEFA14A EDGAR
- Oct 9, 2026DEF 14A EDGAR
- Oct 1, 20264 EDGAR
- Oct 1, 20264 EDGAR
- Oct 1, 20264 EDGAR
- Sep 3, 202610-K EDGAR
- Aug 27, 20264 EDGAR
- Aug 27, 20264 EDGAR
- Aug 27, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 25, 20268-K EDGAR
- Aug 24, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
The 384 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
51 open-market trades by officers, directors and large owners since October 2021: 1 buys and 50 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 26, 2026 | Galeese James EExecutive VP; CFO | Sale | 4,778 | $20.28 | $96.9K | Form 4 |
| Aug 26, 2026 | Clark James AnthonyCEO and President | Sale | 13,907 | $20.28 | $282.0K | Form 4 |
| Aug 26, 2026 | Caneris Thomas AEVP, HR and General Counsel | Sale | 3,170 | $20.28 | $64.3K | Form 4 |
| Aug 25, 2026 | Galeese James EExecutive VP; CFO | Sale | 8,269 | $20.09 | $166.1K | Form 4 |
| Aug 25, 2026 | Clark James AnthonyCEO and President | Sale | 23,706 | $20.09 | $476.3K | Form 4 |
| Aug 25, 2026 | Caneris Thomas AEVP, HR and General Counsel | Sale | 5,560 | $20.09 | $111.7K | Form 4 |
| Aug 24, 2026 | Galeese James EExecutive VP; CFO | Sale | 8,141 | $19.78 | $161.0K | Form 4 |
| Aug 24, 2026 | Clark James AnthonyCEO and President | Sale | 23,340 | $19.78 | $461.7K | Form 4 |
| Aug 24, 2026 | Caneris Thomas AEVP, HR and General Counsel | Sale | 5,474 | $19.78 | $108.3K | Form 4 |
| Aug 24, 2026 | MARSHALL ERNEST W JRDirector | Buy | 2,000 | $19.73 | $39.5K | Form 4 |
| Jun 1, 2026 | OGARA WILFRED TDirector | Sale | 10,369 | $24.09 | $249.8K | Form 4 |
| Jun 1, 2026 | OGARA WILFRED TDirector | Sale | 10,369 | $24.09 | $249.8K | Form 4 |
| May 28, 2026 | Galeese James EExecutive VP; CFO | Sale | 136,578 | $24.29 | $3.3M | Form 4 |
| May 28, 2026 | Caneris Thomas AEVP, HR and General Counsel | Sale | 109,226 | $24.29 | $2.7M | Form 4 |
| Sep 11, 2025 | Clark James AnthonyCEO and President | Sale | 29,891 | $22.66 | $677.3K | Form 4 |
| Sep 10, 2025 | Clark James AnthonyCEO and President | Sale | 259,176 | $22.75 | $5.9M | Form 4 |
| Sep 9, 2025 | Clark James AnthonyCEO and President | Sale | 210,933 | $22.86 | $4.8M | Form 4 |
| Sep 8, 2025 | Galeese James EExecutive VP; CFO | Sale | 54,575 | $23.29 | $1.3M | Form 4 |
| Aug 27, 2025 | Caneris Thomas AEVP, HR and General Counsel | Sale | 7,544 | $23.08 | $174.1K | Form 4 |
| Aug 27, 2025 | Galeese James EExecutive VP; CFO | Sale | 6,064 | $23.08 | $140.0K | Form 4 |
All 51 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SYSTEMATIC FINANCIAL MANAGEMENT LPSCHEDULE 13G/A, 7 filings Feb 10, 2022 to Aug 14, 202670
- BlackRockSCHEDULE 13G/A, 3 filings Jan 26, 2024 to Jul 29, 202671
- ROYCE & ASSOCIATES LPSCHEDULE 13G, 3 filings Jan 21, 2022 to Jul 22, 202672
- FMR LLCSCHEDULE 13G, 1 filing Jul 8, 202673
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Nov 4, 2024 to Mar 27, 202674
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 4 filings Feb 8, 2022 to Oct 9, 202575
- KENNEDY CAPITAL MANAGEMENT LLCSC 13G/A, 1 filing Feb 14, 202276
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2026 | James A. ClarkChief Executive Officer | $765.3K | $3.4M77 | |
| 2026 | James E. GaleeseEVP, Chief Financial Officer | $446.6K | $1.4M77 | |
| 2026 | Thomas A. Caneris EVPHR & General Counsel | $427.1K | $1.3M77 | |
| 2025 | James A. ClarkChief Executive Officer | $752.8K | $2.9M77 | |
| 2025 | James E. GaleeseEVP, Chief Financial Officer | $433.4K | $1.2M77 | |
| 2025 | Thomas A. Caneris EVPHR & General Counsel | $412.1K | $996.7K77 | |
| 2024 | James A. ClarkChief Executive Officer | $728.3K | $2.7M77 | |
| 2024 | James E. GaleeseEVP, Chief Financial Officer | $415.4K | $1.1M77 | |
| 2024 | Thomas A. Caneris EVPHR & General Counsel | $386.7K | $914.0K77 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $5.0M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2026 | $5.0M | $5.0M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How LSI INDUSTRIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLSI INDUSTRIES INC1
- CIK0000763532
- Employer ID (EIN)31-08889516
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
- Incorporated inOhio6
- Fiscal year endsJune 301
- Industry code (SIC)3640 Electric Lighting & Wiring Equipment1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address10000 Alliance Rd, P O Box 42728, Cincinnati, OH 452421
- Phone51357964111
- Shares outstanding37,261,336 shares as of Aug 28, 20266
- Public float$570.0M as of Dec 31, 20256
- AuditorGRANT THORNTON LLP, Chicago, Illinois PCAOB ID 248; it also attests to the company’s internal control over financial reporting6
- On EDGAR sinceFeb 14, 19941
- Filings2,125 in all: 4 (1,327), 8-K (218), SC 13G/A (109), 10-Q (94), SC 13G (43), DEF 14A (32), 5 (28), 10-K (27)1
All 40 form types
3 (27), 4/A (25), S-8 (23), CORRESP (22), UPLOAD (19), 144 (15), 8-K/A (12), S-3 (12), SD (12), DEFA14A (9), ARS (7), EFFECT (7), S-3/A (7), PRE 14A (6), SCHEDULE 13G/A (6), 10-K405 (5), 10-Q/A (4), SCHEDULE 13G (4), 10-K/A (3), 424B3 (3), SC 13D (3), SC 13D/A (3), 10-C (2), 424B5 (2), SEC STAFF LETTER (2), 11-K (1), 3/A (1), 424B1 (1), 424B7 (1), D (1), NT 10-Q (1), PRER14A (1)
- Latest filingsAnnual report (10-K) Sep 3, 2026
Quarterly report (10-Q) May 8, 2026
Proxy statement (DEF 14A) Oct 9, 2026
Latest 8-K (8-K) Aug 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common shares, no par value | LYTS | NASDAQ |
From the cover page of the 10-K filed Sep 3, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks LSI INDUSTRIES INC names in Item 1A of its 10-K filed Sep 3, 2026: 29 risks under these headings, as written.6
- RISKS RELATED TO OUR STRATEGY
- The inability to effectively execute our business strategies could adversely affect our financial condition and results of operations.
- The markets in which we operate are subject to competitive pressures that could affect selling prices, and therefore could adversely affect our operating results.
- Two of our largest market verticals are the refueling and convenience store and grocery markets, and any substantial change in these markets could have an adverse effect on our business.
- The Company may pursue future growth through strategic acquisitions and investments, which may not yield anticipated benefits
- If we do not develop the appropriate new products or if customers do not accept new products, we could experience a loss of competitive position which could adversely affect future revenues.
- If we are unable to adequately protect our intellectual property, we may lose some of our competitive advantage.
- RISKS RELATED TO OUR OPERATIONS
- Price increases in, and significant shortages of, raw materials and components; and shortages in transportation and increased fuel prices could adversely affect our operating margin.
- Our information technology systems are subject to certain cyber risks and could be subject to interruptions that are beyond our control.
- Labor shortages or increases in labor costs could adversely impact our business and results of operations.
- If the Company’s products are improperly designed, manufactured, packaged, or labeled, the Company may need to recall those items, may have increased warranty costs, and could be the target of product liability claims
The other 19 risks
- Changes in a customer’s demands and commitment to proprietary inventory could result in significant inventory write-offs.
- The turnover of independent commissioned sales representatives could cause a significant disruption in sales volume.
- The Company may be unable to sustain significant customer and/or channel partner relationships.
- A loss of key personnel or inability to attract qualified personnel could have an adverse effect on our operating results.
- Changes in a shift in product mix can have a significant impact on our gross margins
- We may not recognize all revenues from our backlog or receive all payments anticipated under awarded projects and customer contracts.
- We face the potential harm of natural disasters, pandemics, acts of war, terrorism, international conflicts or other disruptions to our operations.
- Artificial intelligence presents risks and challenges that can impact our business
- RISKS RELATED TO ROYSTON GROUP ACQUISITION
- We may not be able to successfully integrate Royston Group into our operations, including our financial reporting processes, which could adversely affect our business, results of operations, and financial condition
- The Company has incurred and will continue to incur significant transaction and integration costs in connection with the acquisition of Royston Group
- The Company may not have discovered undisclosed liabilities of Royston Group, if any
- RISKS RELATED TO LEGAL AND REGULATORY MATTERS
- Potential changes in U.S. trade policies could have a material adverse effect on the Company.
- Changes in our tax rates and exposures to additional income tax liabilities could have an unfavorable effect on the Company’s reported results.
- Emphasis on environmental, social, and governance (“ESG”) matters by various stakeholders could negatively affect our business.
- RISKS RELATED TO FINANCIAL MATTERS
- The Company incurred substantial indebtedness in connection with the acquisition of Royston Group
- A significant decline in our stock price could adversely affect our ability to raise additional capital.
- Increases in inflation and interest rates in the United States and elsewhere could adversely affect our business.
- Anti-takeover provisions in our organizational documents and in Ohio law could make difficult or delay a change in management or negatively impact our share price.
- Due to inherent limitations, there can be no assurance that our system of disclosure and internal controls and procedures will be successful in preventing all errors, theft, and fraud, or in informing management of all material information in a timely manner.
Legal proceedings
Refer to Note 16 – Contingencies of the Notes to the Consolidated Financial Statements of this Form 10-K for information regarding legal proceedings in which we are involved.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARCrawford C. Lipsey, President
- 19SEC EDGARDennis W. Wells, President
- 20SEC EDGARScott Ready, President
- 21SEC EDGARFred Jalbout, President
- 22SEC EDGARDavid McCauley, President
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- 28SEC EDGARSteve A. Brunker, CIO
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- 39SEC EDGARErnest W. Marshall Jr., Board member
- 40SEC EDGARChantel E. Lenard, Board member
- 41SEC EDGARAmy Hanson, Board member
- 42SEC EDGARRonald D. Brown, Board member
- 43SEC EDGARRobert Allan Steele, Board member
- 44SEC EDGARRobert J. Ready, Board member
- 45SEC EDGARDennis W. Wells, Board member
- 46SEC EDGARRobert P. Beech, Board member
- 47SEC EDGARDennis B. Meyer, Board member
- 48SEC EDGARGary P. Kreider, Board member
- 49SEC EDGARMark A. Serrianne, Board member
- 50SEC EDGARWilfred T. Ogara, Board member
- 51SEC EDGARThomas A. Caneris, General counsel
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- 53SEC EDGARExecutive or director change
- 54SEC EDGARExecutive or director change
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- 56SEC EDGARFinancial statements and exhibits
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- 62SEC EDGARShareholder vote
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- 65NasdaqNasdaq calendar
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