Lakeland Fire + Safety Ignites Growth Momentum with Strong Q1 2027 Performance
Lakeland Fire + Safety, a leading provider of fire and safety solutions, has kicked off fiscal year 2027 on a high note, delivering a robust first quarter performance that sets the stage for continued growth throughout the year.
The company's net sales for Q1 2027 came in at $47.4 million, representing a modest increase of 1.4% compared to the same period last year. However, this growth was driven by an impressive 11% expansion in fire services revenue, underscoring Lakeland Fire + Safety's growing importance as a provider of critical safety solutions.
"Our first quarter results reflect continued progress across several important areas of the business," said Jim Jenkins, President, Chief Executive Officer, and Executive Chairman of Lakeland Fire + Safety. "We're seeing increasing demand for our fire services platform, particularly in relation to our NFPA 1970 2025 certified head-to-toe fire portfolio."
The company's performance was not limited to revenue growth alone. Adjusted EBITDA excluding FX improved to $1.1 million compared to $0.6 million in the prior year period, while adjusted gross margin expanded modestly on a sequential basis to 33.6% compared to 33.5% in the fourth quarter of fiscal 2026.
"We're actively managing several identifiable timing, mix, certification, transition, and operational execution factors with clear actions underway to improve conversion of visible revenue opportunities into stronger profitability as the year progresses," Jenkins explained.
Lakeland Fire + Safety's service platform also continues to gain traction, providing an important recurring revenue and customer retention opportunity. The company's independent service provider (ISP) platform offers inspection, cleaning, repair, rental, and decontamination services for fire departments and other safety customers.
"Our service platform is becoming an increasingly important differentiator for Lakeland Fire and Safety," noted Jenkins. "We expect to open another ISP location in Denver, Colorado, and are expanding our Arizona PPE facility in Phoenix to support continued growth in the United States."
The company's focus on delivering comprehensive safety solutions was also evident in its showcase of NFPA 1970 2025 certified head-to-toe fire portfolio at key industry events such as FDIC 2026 and Interschutz.
"We believe the breadth of our certified portfolio provides a meaningful competitive advantage as fire departments and distributors increasingly look for complete reliable solutions from a global provider," Jenkins said.
Looking ahead, Lakeland Fire + Safety is poised to build on its strong Q1 2027 performance, driven by growing demand for its fire services platform and service capabilities. The company's commitment to delivering critical safety solutions will undoubtedly position it for continued success throughout fiscal year 2027."
