Filing Flows › Lovesac (LOVE) › Q4 FY25
Lovesac (LOVE) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 10, 2025
Lovesac (LOVE) reported revenue of $241M for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and +61% from the quarter before. Operating margin was 19.7%, net earnings $35.3M (14.6% of revenue).
Lovesac, Q4 FY25: revenue $241M (-4% year over year), operating margin 19.7%, net earnings $35.3M, operating cash flow $44.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241M | +61% | -4% |
| Gross profit | $146M | +66% | -3% |
| Operating profit | $47.6M | — | +18% |
| Net earnings | $35.3M | — | +14% |
| Operating cash flow | $44.0M | — | -22% |
| Free cash flow | $38.7M | — | -22% |
What changed
Revenue was $241.5M in Q4 FY25, down 4% year over year and up 61% from the previous quarter. Sactionals was the largest line at 91% of revenue.
Gross margin was 60.4%, up 0.6 points from a year earlier. Operating profit was $47.6M, a 19.7% margin (up 3.6 points year over year). Operating expenses fell 10% while revenue fell 4%. Net earnings were $35.3M, up 14% year over year. The effective tax rate was 26.8%.
Operating cash flow was $44.0M (down 22% year over year), 125% of net earnings. Non-cash charges added back $3.7M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $5.3M left free cash flow of $38.7M.
Questions
What was Lovesac's revenue in the fourth quarter fiscal 2025?
Lovesac (LOVE) reported revenue of $241M for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and +61% from the quarter before.
Was Lovesac profitable in the fourth quarter fiscal 2025?
Operating profit was $47.6M (19.7% of revenue) and net earnings $35.3M.
Source: Lovesac 10-K on SEC EDGAR.