Filing Flows › Lovesac (LOVE) › Q4 FY26
Lovesac (LOVE) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Apr 2, 2026
Lovesac (LOVE) reported revenue of $248M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +65% from the quarter before. Operating margin was 18.1%, net earnings $32.1M (12.9% of revenue).
Lovesac, Q4 FY26: revenue $248M (+3% year over year), operating margin 18.1%, net earnings $32.1M, operating cash flow $83.4M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $248M | +65% | +3% |
| Gross profit | $144M | +71% | -1% |
| Operating profit | $44.9M | — | -6% |
| Net earnings | $32.1M | — | -9% |
| Operating cash flow | $83.4M | — | +89% |
| Free cash flow | $78.5M | — | +103% |
What changed
Revenue was $248.0M in Q4 FY26, up 3% year over year and up 65% from the previous quarter. Sactionals was the largest line at 90% of revenue.
Gross margin was 58.1%, down 2.3 points from Q4 FY25. Operating profit was $44.9M, a 18.1% margin (down 1.6 points year over year). Operating profit fell $2.7M even though revenue rose $6.6M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 1% against revenue growth of 3%. Net earnings were $32.1M, down 9% year over year. The effective tax rate was 29.6%.
Operating cash flow was $83.4M (up 89% year over year), 260% of net earnings. Non-cash charges added back $3.7M of depreciation and amortization. Working capital and other items added $47.7M. Capital expenditures of $4.9M left free cash flow of $78.5M.
Questions
What was Lovesac's revenue in the fourth quarter fiscal 2026?
Lovesac (LOVE) reported revenue of $248M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +65% from the quarter before.
Was Lovesac profitable in the fourth quarter fiscal 2026?
Operating profit was $44.9M (18.1% of revenue) and net earnings $32.1M.
Source: Lovesac 10-K on SEC EDGAR.