Filing Flows › Luvu Brands (LUVU) › Q3 FY26 › vs Q2 FY26
Luvu Brands (LUVU) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Luvu Brands's revenue fell $333K (-5%) from $6.9M in Q2 FY26 to $6.5M in Q3 FY26. The biggest changes: Direct to Consumer −$232K (-9%); Wholesale −$100K (-2%). Gross margin 28.0% against 26.1% (+1.9 pts).
Luvu Brands, Q3 FY26: revenue $6.5M (+12% year over year), operating margin 3.5%, net earnings $174K, operating cash flow $325K. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 28.0% | 26.1% | +1.9 pts |
| Operating margin | 3.5% | 2.7% | +0.8 pts |
| Net margin | 2.7% | -11.1% | +13.8 pts |
| Free cash flow margin | 4.0% | 3.4% | +0.6 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Wholesale | $4.3M | $4.4M | −$100K | -2% |
| Direct to Consumer | $2.2M | $2.5M | −$232K | -9% |
| Revenue | $6.5M | $6.9M | −$333K | -5% |
| Gross profit | $1.8M | $1.8M | $38K | +2% |
| Cost of revenue | $4.7M | $5.1M | −$371K | -7% |
| Operating profit | $227K | $184K | $43K | +23% |
| Operating expenses | $1.6M | $1.6M | −$5K | -0.3% |
| Pre-tax earnings | $125K | $48K | $77K | +160% |
| Other expense, net | $102K | $136K | −$34K | -25% |
| Research & development | $31K | $3K | $28K | +835% |
| Sales & marketing | $193K | $255K | −$62K | -24% |
| General & admin | $888K | $805K | $83K | +10% |
| Other operating costs | $497K | $551K | −$54K | -10% |
| Income tax benefit | $49K | −$813K | $862K | — |
| Net earnings | $174K | −$765K | $939K | — |
| Depreciation | $81K | $96K | −$15K | -16% |
| Share-based compensation | $7K | $9K | −$2K | -22% |
| Working capital & other | $63K | $945K | −$882K | -93% |
| Operating cash flow | $325K | $285K | $40K | +14% |
| Free cash flow (OCF − capex) | $265K | $236K | $29K | +12% |
| Capital expenditures | $60K | $49K | $11K | +22% |
Questions
How much did Luvu Brands's revenue grow quarter over quarter in Q3 FY26?
Luvu Brands's revenue fell $333K (-5%) from $6.9M in Q2 FY26 to $6.5M in Q3 FY26.
What drove Luvu Brands's revenue change in Q3 FY26?
Direct to Consumer −$232K (-9%); Wholesale −$100K (-2%).