Filing Flows › Destination XL Group (DXLG) › Q2 FY26
Destination XL Group (DXLG) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Aug 27, 2025
Destination XL Group (DXLG) reported revenue of $116M for the second quarter fiscal 2026 (Q2 FY26), -7% from a year earlier and +9% from the quarter before. Operating margin was 0.6%, net loss $265K (0.2% of revenue).
Destination XL Group, Q2 FY26: revenue $116M (-8% year over year), operating margin 0.6%, net loss $265K, operating cash flow $9.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $116M | +9% | -7% |
| Operating profit | $703K | — | — |
| Net earnings | −$265K | — | — |
| Operating cash flow | $9.9M | — | -42% |
| Free cash flow | $4.6M | — | -55% |
What changed
Revenue was $115.5M in Q2 FY26, down 7% year over year and up 9% from the previous quarter.
Gross margin was 45.2%, down 3.0 points from a year earlier. Operating profit was $703K, a 0.6% margin (down 1.9 points year over year). Operating expenses fell 10% while revenue fell 7%. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $265K, narrower than the previous quarter's $1.9M loss. Non-operating items added $200K, 22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $9.9M (down 42% year over year). Non-cash charges added back $3.9M of depreciation and amortization and $344K of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $5.4M left free cash flow of $4.6M.
Questions
What was Destination XL Group's revenue in the second quarter fiscal 2026?
Destination XL Group (DXLG) reported revenue of $116M for the second quarter fiscal 2026 (Q2 FY26), -7% from a year earlier and +9% from the quarter before.
Was Destination XL Group profitable in the second quarter fiscal 2026?
Operating profit was $703K (0.6% of revenue) and net loss $265K.