Filing Flows › Lulu's Fashion Lounge Holdings (LVLU) › Q1 2025
Lulu's Fashion Lounge Holdings (LVLU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $64.2M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -3% from the quarter before. Operating margin was -12.7%, net loss $8.0M (12.5% of revenue).
Lulu's Fashion Lounge Holdings, Q1 2025: revenue $64.2M (-17% year over year), operating margin -12.7%, net loss $8.0M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.2M | -3% | -17% |
| Operating profit | −$8.1M | — | — |
| Net earnings | −$8.0M | — | — |
| Operating cash flow | $8.3M | — | +20% |
| Free cash flow | $7.8M | — | — |
What changed
Revenue was $64.2M in Q1 2025, down 17% year over year and down 3% from the previous quarter.
Gross margin was 40.3%, down 2.0 points from a year earlier. Operating costs exceeded revenue by $8.1M, an operating margin of -12.7%. Operating expenses fell 12% while revenue fell 17%. The quarter ended with a net loss of $8.0M, narrower than the previous quarter's $31.9M loss.
Operating cash flow was $8.3M (up 20% year over year). Non-cash charges added back $1.4M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $13.5M. After capitalized software development costs ($427K) and purchases of property and equipment ($140K), free cash flow as the company reports it was $7.8M.
Questions
What was Lulu's Fashion Lounge Holdings' revenue in the first quarter 2025?
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $64.2M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -3% from the quarter before.
Was Lulu's Fashion Lounge Holdings profitable in the first quarter 2025?
Operating loss was $8.1M (-12.7% of revenue) and net loss $8.0M.