Filing Flows › Destination XL Group (DXLG) › Q1 FY26
Destination XL Group (DXLG) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed May 29, 2025
Destination XL Group (DXLG) reported revenue of $106M for the first quarter fiscal 2026 (Q1 FY26), -9% from a year earlier and -11% from the quarter before. Operating margin was -3.3%, net loss $1.9M (1.8% of revenue).
Destination XL Group, Q1 FY26: revenue $106M (-9% year over year), operating margin -3.3%, net loss $1.9M, operating cash flow −$12.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | -11% | -9% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$12.0M | -170% | — |
What changed
Revenue was $105.5M in Q1 FY26, down 9% year over year and down 11% from the previous quarter.
Gross margin was 45.1%, down 3.1 points from a year earlier. Operating costs exceeded revenue by $3.5M, an operating margin of -3.3%. Operating expenses grew 1% against a revenue fall of 9%. The fastest-growing cost line was Other operating costs (+13%). The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.3M loss.
Operating cash flow was −$12.0M. Non-cash charges added back $3.6M of depreciation and amortization and $340K of share-based compensation. Working capital and other items used $14.1M. Capital expenditures of $6.7M exceeded it, leaving free cash flow of −$18.8M.
Questions
What was Destination XL Group's revenue in the first quarter fiscal 2026?
Destination XL Group (DXLG) reported revenue of $106M for the first quarter fiscal 2026 (Q1 FY26), -9% from a year earlier and -11% from the quarter before.
Was Destination XL Group profitable in the first quarter fiscal 2026?
Operating loss was $3.5M (-3.3% of revenue) and net loss $1.9M.