The Lovesac Company (LOVE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 138.2M | 248.05M | 150.17M | 160.53M | 138.37M | 241.49M | 149.91M | 156.59M | 132.64M | 250.51M | 154.04M | 154.53M | 141.19M | 238.85M | 134.78M | 148.53M | 129.38M | 196.2M | 116.68M | 102.45M |
| Revenue Growth % | -0.13% | 2.71% | 0.17% | 2.52% | 4.32% | -3.6% | -2.68% | 1.33% | -6.06% | 4.88% | 14.28% | 4.04% | 9.13% | 21.74% | 15.52% | 44.98% | 56.04% | 51.3% | 56.11% | 65.38% |
| Cost of Goods Sold | 66.22M | 104.05M | 65.93M | 69.92M | 64M | 95.71M | 62.27M | 64.22M | 60.6M | 100.87M | 65.59M | 62.14M | 70.62M | 103.63M | 69.88M | 69.44M | 63.41M | 86.58M | 58.06M | 43.42M |
| COGS % of Revenue | 47.92% | 41.95% | 43.9% | 43.56% | 46.25% | 39.63% | 41.54% | 41.01% | 45.68% | 40.27% | 42.58% | 40.21% | 50.02% | 43.39% | 51.85% | 46.75% | 49.01% | 44.13% | 49.76% | 42.38% |
| Gross Profit | 71.97M | 144M | 84.24M | 90.61M | 74.37M | 145.78M | 87.64M | 92.37M | 72.05M | 149.64M | 88.44M | 92.39M | 70.58M | 135.22M | 64.9M | 79.1M | 65.97M | 109.62M | 58.62M | 59.03M |
| Gross Margin % | 52.08% | 58.05% | 56.1% | 56.44% | 53.75% | 60.37% | 58.46% | 58.99% | 54.32% | 59.73% | 57.42% | 59.79% | 49.98% | 56.61% | 48.15% | 53.25% | 50.99% | 55.87% | 50.24% | 57.62% |
| Gross Profit Growth % | -3.22% | -1.22% | -3.88% | -1.91% | 3.23% | -2.58% | -0.91% | -0.02% | 2.08% | 10.66% | 36.27% | 16.8% | 6.97% | 23.35% | 10.73% | 33.99% | 43.19% | 45.92% | 41.9% | 90.09% |
| Operating Expenses | 89.35M | 99.06M | 100.04M | 99.43M | 89.32M | 98.18M | 95.36M | 100.74M | 89.9M | 109.25M | 92.05M | 93.38M | 76.28M | 97.15M | 75.03M | 70.98M | 63.48M | 85.42M | 55.65M | 50.02M |
| OpEx % of Revenue | 64.65% | 39.93% | 66.62% | 61.94% | 64.55% | 40.66% | 63.62% | 64.33% | 67.78% | 43.61% | 59.76% | 60.43% | 54.03% | 40.67% | 55.67% | 47.79% | 49.06% | 43.54% | 47.69% | 48.83% |
| Selling, General & Admin | 85.17M | 95.3M | 96.04M | 95.59M | 85.71M | 94.4M | 91.7M | 96.98M | 86.4M | 105.8M | 88.74M | 90.37M | 73.46M | 94.5M | 72.57M | 67.9M | 60.82M | 83.31M | 53.92M | 48.42M |
| SG&A % of Revenue | 61.63% | 38.42% | 63.96% | 59.55% | 61.94% | 39.09% | 61.17% | 61.93% | 65.14% | 42.23% | 57.61% | 58.48% | 52.03% | 39.57% | 53.84% | 45.72% | 47.01% | 42.46% | 46.21% | 47.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -17.37M | 44.94M | -15.8M | -8.82M | -14.95M | 47.6M | -7.72M | -8.37M | -17.86M | 40.38M | -3.61M | -993K | -5.71M | 38.07M | -10.13M | 8.12M | 2.49M | 24.2M | 2.97M | 9.01M |
| Operating Margin % | -12.57% | 18.12% | -10.52% | -5.5% | -10.81% | 19.71% | -5.15% | -5.35% | -13.46% | 16.12% | -2.34% | -0.64% | -4.04% | 15.94% | -7.51% | 5.47% | 1.93% | 12.34% | 2.55% | 8.79% |
| Operating Income Growth % | -16.18% | -5.58% | -104.64% | -5.4% | 16.25% | 17.86% | -113.99% | -743% | -212.93% | 6.08% | 64.36% | -112.23% | -328.79% | 57.29% | -440.79% | -9.87% | 10.45% | 11.21% | 17.25% | 967.56% |
| EBITDA | -13.19M | 48.7M | -11.8M | -4.99M | -11.34M | 51.38M | -4.06M | -4.62M | -14.35M | 43.84M | -298K | 2.02M | -2.88M | 40.72M | -7.67M | 11.2M | 5.16M | 26.32M | 4.7M | 10.61M |
| EBITDA Margin % | -9.55% | 19.63% | -7.86% | -3.11% | -8.2% | 21.28% | -2.71% | -2.95% | -10.82% | 17.5% | -0.19% | 1.31% | -2.04% | 17.05% | -5.69% | 7.54% | 3.98% | 13.41% | 4.03% | 10.36% |
| EBITDA Growth % | -16.33% | -5.23% | -190.9% | -8.06% | 20.99% | 17.21% | -1261.41% | -328.35% | -397.71% | 7.67% | 96.11% | -81.95% | -155.95% | 54.73% | -263.21% | 5.5% | 10.22% | 12.73% | 7.03% | 1999.4% |
| D&A (Non-Cash Add-back) | 4.18M | 3.75M | 4M | 3.84M | 3.61M | 3.79M | 3.67M | 3.76M | 3.5M | 3.46M | 3.31M | 3.01M | 2.82M | 2.65M | 2.46M | 3.08M | 2.66M | 2.11M | 1.73M | 1.6M |
| EBIT | -16.71M | 45.62M | -15.6M | -8.72M | -14.63M | 48.26M | -7.02M | -7.68M | -17.11M | 41.17M | -3.34M | -642K | -5.37M | 38.07M | -10.13M | 8.12M | 2.49M | 24.2M | 2.97M | 9.01M |
| Net Interest Income | 666K | 671K | 206K | 100K | 325K | 662K | 701K | 694K | 744K | 786K | 269K | 351K | 341K | -16K | -69K | 3K | -35K | -44K | -45K | -45.43K |
| Interest Income | 666K | 671K | 206K | 100K | 325K | 662K | 701K | 694K | 744K | 786K | 269K | 351K | 341K | 0 | 0 | 3K | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16K | 69K | 0 | 35K | 44K | 45K | 45.43K |
| Other Income/Expense | 666K | 671K | 206K | 100K | 325K | 662K | 701K | 694K | 744K | 786K | 269K | 351K | 341K | -16K | -69K | 3K | -35K | -44K | -45K | -46K |
| Pretax Income | -16.71M | 45.62M | -15.6M | -8.72M | -14.63M | 48.26M | -7.02M | -7.68M | -17.11M | 41.17M | -3.34M | -642K | -5.37M | 38.05M | -10.19M | 8.12M | 2.46M | 24.16M | 2.93M | 8.96M |
| Pretax Margin % | -12.09% | 18.39% | -10.39% | -5.43% | -10.57% | 19.98% | -4.68% | -4.9% | -12.9% | 16.43% | -2.17% | -0.42% | -3.8% | 15.93% | -7.56% | 5.47% | 1.9% | 12.31% | 2.51% | 8.75% |
| Income Tax | -5.62M | 13.51M | -5.05M | -2.07M | -3.79M | 12.95M | -2.09M | -1.82M | -4.15M | 10.22M | -999K | -7K | -1.25M | 10.41M | -2.83M | 2.27M | 673K | -8.48M | 174K | 515K |
| Effective Tax Rate % | 33.61% | 29.62% | 32.36% | 23.76% | 25.9% | 26.84% | 29.79% | 23.66% | 24.26% | 24.82% | 29.91% | 1.09% | 23.3% | 27.36% | 27.78% | 27.99% | 27.37% | -35.1% | 5.95% | 5.75% |
| Net Income | -11.09M | 32.11M | -10.55M | -6.65M | -10.84M | 35.31M | -4.93M | -5.86M | -12.96M | 30.95M | -2.34M | -635K | -4.12M | 27.64M | -7.36M | 5.85M | 1.79M | 32.64M | 2.75M | 8.45M |
| Net Margin % | -8.03% | 12.94% | -7.03% | -4.14% | -7.83% | 14.62% | -3.29% | -3.74% | -9.77% | 12.36% | -1.52% | -0.41% | -2.91% | 11.57% | -5.46% | 3.94% | 1.38% | 16.64% | 2.36% | 8.25% |
| Net Income Growth % | -2.33% | -9.07% | -114.02% | -13.46% | 16.36% | 14.07% | -110.59% | -822.99% | -214.95% | 11.97% | 68.2% | -110.86% | -330.4% | -15.31% | -367.51% | -30.76% | -13.34% | 50.39% | 11.01% | 863.2% |
| Net Income (Continuing) | -11.09M | 32.11M | -10.55M | -6.65M | -10.84M | 35.31M | -4.93M | -5.86M | -12.96M | 30.95M | -2.34M | -635K | -4.12M | 27.64M | -7.36M | 5.85M | 1.79M | 32.64M | 2.75M | 8.45M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.76 | 2.19 | -0.72 | -0.45 | -0.73 | 2.13 | -0.32 | -0.38 | -0.83 | 1.94 | -0.15 | -0.04 | -0.27 | 1.74 | -0.48 | 0.37 | 0.11 | 2.03 | 0.17 | 0.52 |
| EPS Growth % | -4.11% | 2.82% | -125% | -18.42% | 12.05% | 9.79% | -113.33% | -822.33% | -207.41% | 11.49% | 68.75% | -111.14% | -345.45% | -14.29% | -382.35% | -28.85% | -15.38% | 48.18% | 6.25% | 782.41% |
| EPS (Basic) | -0.76 | 2.19 | -0.72 | -0.45 | -0.73 | 2.31 | -0.32 | -0.38 | -0.83 | 2.00 | -0.15 | -0.04 | -0.27 | 1.82 | -0.48 | 0.38 | 0.12 | 2.15 | 0.18 | 0.56 |
| Diluted Shares Outstanding | 14.67M | 14.68M | 14.66M | 14.62M | 14.79M | 16.6M | 15.57M | 15.59M | 15.54M | 15.99M | 15.52M | 15.42M | 15.23M | 15.92M | 15.22M | 16M | 16.17M | 16.1M | 16.07M | 16.1M |
| Basic Shares Outstanding | 14.67M | 14.66M | 14.66M | 14.62M | 14.79M | 15.31M | 15.57M | 15.59M | 15.54M | 15.48M | 15.52M | 15.42M | 15.23M | 15.23M | 15.22M | 15.2M | 15.16M | 15.15M | 15.15M | 15.1M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |