Filing Flows › Lulu's Fashion Lounge Holdings (LVLU) › Q2 2025
Lulu's Fashion Lounge Holdings (LVLU) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $81.5M for the second quarter 2025 (Q2 2025), -11% from a year earlier and +27% from the quarter before. Operating margin was -3.2%, net loss $3.0M (3.7% of revenue).
Lulu's Fashion Lounge Holdings, Q2 2025: revenue $81.5M (-11% year over year), operating margin -3.2%, net loss $3.0M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81.5M | +27% | -11% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$1.4M | -116% | — |
What changed
Revenue was $81.5M in Q2 2025, down 11% year over year and up 27% from the previous quarter.
Gross margin was 45.3%, down 0.2 points from a year earlier. Operating costs exceeded revenue by $2.6M, an operating margin of -3.2%. Operating expenses fell 15% while revenue fell 11%. The quarter ended with a net loss of $3.0M, narrower than the previous quarter's $8.0M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $1.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $920K. Capital expenditures of $136K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Lulu's Fashion Lounge Holdings' revenue in the second quarter 2025?
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $81.5M for the second quarter 2025 (Q2 2025), -11% from a year earlier and +27% from the quarter before.
Was Lulu's Fashion Lounge Holdings profitable in the second quarter 2025?
Operating loss was $2.6M (-3.2% of revenue) and net loss $3.0M.