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Digital Brands Group (DBGI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 19, 2026

Digital Brands Group (DBGI) reported revenue of $1.2M for the second quarter 2026 (Q2 2026), -46% from a year earlier and -8% from the quarter before. Operating margin was -618.6%, net loss $9.0M (743.6% of revenue).

Revenue$1.2M
Year over year-46%
Quarter over quarter-8%
Operating margin-618.6%
Net earnings−$9.0M

Digital Brands Group, Q2 2026: revenue $1.2M (-46% year over year), operating margin -618.6%, net loss $9.0M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.2M-8%-46%
Operating profit−$7.5M——
Net earnings−$9.0M——
Operating cash flow−$5.6M——

What changed

Revenue was $1.2M in Q2 2026, down 46% year over year and down 8% from the previous quarter.

Gross margin was 26.8%, down 4.8 points from Q2 2025. Operating costs exceeded revenue by $7.5M, an operating margin of -618.6%. Operating expenses grew 189% against a revenue fall of 46%. The fastest-growing cost line was Other operating costs (+361%). The quarter ended with a net loss of $9.0M, narrower than the previous quarter's $11.4M loss.

Operating cash flow was −$5.6M. Non-cash charges added back $148K of depreciation and amortization. Working capital and other items added $3.2M. Capital expenditures of −$37K exceeded it, leaving free cash flow of −$5.6M.

Questions

What was Digital Brands Group's revenue in the second quarter 2026?

Digital Brands Group (DBGI) reported revenue of $1.2M for the second quarter 2026 (Q2 2026), -46% from a year earlier and -8% from the quarter before.

Was Digital Brands Group profitable in the second quarter 2026?

Operating loss was $7.5M (-618.6% of revenue) and net loss $9.0M.

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Source: Digital Brands Group 10-Q on SEC EDGAR.