Filing Flows › Lovesac (LOVE) › Q2 FY27
Lovesac (LOVE) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 10, 2026
Lovesac (LOVE) reported revenue of $161M for the second quarter fiscal 2027 (Q2 FY27), +0.4% from a year earlier and +17% from the quarter before. Operating margin was 6.8%, net earnings $7.4M (4.6% of revenue).
Lovesac, Q2 FY27: revenue $161M (+0.4% year over year), operating margin 6.8%, net earnings $7.4M, operating cash flow $23.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $161M | +17% | +0.4% |
| Gross profit | $110M | +53% | +22% |
| Operating profit | $10.9M | — | — |
| Net earnings | $7.4M | — | — |
| Operating cash flow | $23.9M | — | +97% |
| Free cash flow | $17.4M | — | +122% |
What changed
Revenue was $161.2M in Q2 FY27, roughly flat year over year and up 17% from the previous quarter. Sactionals was the largest line at 91% of revenue. Other added $4.0M year over year (up 198%), 565% of the total change. Sacs declined 9%.
Gross margin was 68.4%, up 11.9 points from Q2 FY26. Operating profit was $10.9M, a 6.8% margin (up 12.3 points year over year). Operating expenses fell 0% while revenue was flat. Net earnings were $7.4M. The effective tax rate was 38.9%.
Operating cash flow was $23.9M (up 97% year over year), 322% of net earnings. Non-cash charges added back $4.1M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $10.1M. Capital expenditures of $6.6M left free cash flow of $17.4M.
Questions
What was Lovesac's revenue in the second quarter fiscal 2027?
Lovesac (LOVE) reported revenue of $161M for the second quarter fiscal 2027 (Q2 FY27), +0.4% from a year earlier and +17% from the quarter before.
Was Lovesac profitable in the second quarter fiscal 2027?
Operating profit was $10.9M (6.8% of revenue) and net earnings $7.4M.
Source: Lovesac 10-Q on SEC EDGAR.