Lovesac Co income statement

In fiscal 2026, Lovesac Co reported revenue of $697m, up 2.4% on the year before, operating income of $5.4m (a 0.8% margin) and net income of $4.1m, or $0.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Lovesac Co: income statement, annual
Fiscal year	2018Feb 2018	2019Feb 2019	2020Feb 2020	2021Jan 2021	2022Jan 2022	2023Jan 2023	2024Feb 2024	2025Feb 2025	2026Feb 2026	LTMAug 2026
Revenue	102	166	233	321	498	651	700	681	697	698
Cost of revenue	45	75	117	146	225	308	299	283	304	287
Gross profit	57	91	117	175	274	344	401	398	393	410
Research and development	—	—	—	—	—	8	8	8	7	7
Selling, general and administrative	51	76	98	111	160	216	264	281	284	286
Operating income	−5	−7	−16	15	41	37	30	14	5	23
Interest expense	0	0	0	0	—	—	—	—	—	—
Net interest income	−0	0	1	−0	−0	−0	2	—	—	—
Income before tax	−5	−7	−15	15	40	37	32	16	7	25
Income tax	0	0	0	0	−7	10	8	5	3	8
Net income	−6	−7	−15	15	47	26	24	12	4	18
Diluted EPS	−$1.12	−$3.28	−$1.07	$0.96	$2.96	$1.66	$1.45	$0.69	$0.28	$1.22
Diluted shares (average)	6m	11m	14m	15m	16m	16m	16m	17m	15m	15m
EBITDA	−3	−4	−11	21	48	47	42	28	20	39

US$ millions unless shown otherwise. Fiscal quarters.

Lovesac Co: income statement, quarterly
Quarter	2025 Q3Nov 2024	2025 Q4Feb 2025	2026 Q1May 2025	2026 Q2Aug 2025	2026 Q3Nov 2025	2026 Q4Feb 2026	2027 Q1May 2026	2027 Q2Aug 2026
Revenue	150	241	138	161	150	248	138	161
Cost of revenue	62	96	64	70	66	104	66	51
Gross profit	88	146	74	91	84	144	72	110
Research and development	2	2	2	2	2	0	2	2
Selling, general and administrative	72	68	67	72	75	70	69	72
Operating income	−8	48	−15	−9	−16	45	−17	11
Income before tax	−7	48	−15	−9	−16	46	−17	12
Income tax	−2	13	−4	−2	−5	14	−6	5
Net income	−5	35	−11	−7	−11	32	−11	7
Diluted EPS	−$0.32	$2.22	−$0.73	−$0.45	−$0.72	$2.19	−$0.76	$0.51
EBITDA	−4	51	−11	−5	−12	49	−13	15

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Lovesac Co's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lovesac Co.