Filing Flows › Lovesac (LOVE) › Q3 FY26
Lovesac (LOVE) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 11, 2025
Lovesac (LOVE) reported revenue of $150M for the third quarter fiscal 2026 (Q3 FY26), +0.2% from a year earlier and -6% from the quarter before. Operating margin was -10.5%, net loss $10.6M (7.0% of revenue).
Lovesac, Q3 FY26: revenue $150M (+0.2% year over year), operating margin -10.5%, net loss $10.6M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $150M | -6% | +0.2% |
| Operating profit | −$15.8M | — | — |
| Net earnings | −$10.6M | — | — |
| Operating cash flow | −$4.9M | -140% | — |
What changed
Revenue was $150.2M in Q3 FY26, roughly flat year over year and down 6% from the previous quarter. Sactionals was the largest line at 90% of revenue. Other added $2.6M year over year (up 126%), 1002% of the total change. Sacs declined 9%.
Gross margin was 56.1%, down 2.4 points from a year earlier. Operating costs exceeded revenue by $15.8M, an operating margin of -10.5%. Operating expenses grew 5% against flat revenue. The quarter ended with a net loss of $10.6M, wider than the previous quarter's $6.7M loss.
Operating cash flow was −$4.9M. Non-cash charges added back $3.9M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $681K. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$10.2M.
Questions
What was Lovesac's revenue in the third quarter fiscal 2026?
Lovesac (LOVE) reported revenue of $150M for the third quarter fiscal 2026 (Q3 FY26), +0.2% from a year earlier and -6% from the quarter before.
Was Lovesac profitable in the third quarter fiscal 2026?
Operating loss was $15.8M (-10.5% of revenue) and net loss $10.6M.
Source: Lovesac 10-Q on SEC EDGAR.