Lakeland (NASDAQ:LAKE) reported fiscal second quarter 2026 earnings, with record revenue of $52.5 million, up 36% year-over-year driven by fire services growth and recent acquisitions. Adjusted EBITDA was $5.1 million, up 90% year-over-year, but adjusted gross margin contracted to 37.4% due to tariffs and acquisition-related margin dilution. Recent acquisitions, including Meridian, LHD, and Jolly, contributed to revenue growth, with fire services products increasing by 113% year-over-year. Management guided revenue to the lower end of the $210 million to $220 million range for fiscal 2026, targeting organic growth and aiming to expand EBITDA margin into the mid to high teens over the next three to five years.

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