Filing Flows › Lulu's Fashion Lounge Holdings (LVLU) › Q2 2026
Lulu's Fashion Lounge Holdings (LVLU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $67.8M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +18% from the quarter before. Operating margin was -1.8%, net loss $1.5M (2.2% of revenue).
Lulu's Fashion Lounge Holdings, Q2 2026: revenue $67.8M (-17% year over year), operating margin -1.8%, net loss $1.5M, operating cash flow $586K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.8M | +18% | -17% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $586K | -92% | — |
| Free cash flow | $143K | — | — |
What changed
Revenue was $67.8M in Q2 2026, down 17% year over year and up 18% from the previous quarter.
Gross margin was 48.6%, up 3.3 points from Q2 2025. Operating costs exceeded revenue by $1.2M, an operating margin of -1.8%. Operating expenses fell 14% while revenue fell 17%. The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $4.1M loss.
Operating cash flow was $586K. Non-cash charges added back $1.0M of depreciation and amortization and $628K of share-based compensation. Working capital and other items added $429K. After capitalized software development costs ($357K) and purchases of property and equipment ($86K), free cash flow as the company reports it was $143K.
Questions
What was Lulu's Fashion Lounge Holdings' revenue in the second quarter 2026?
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $67.8M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +18% from the quarter before.
Was Lulu's Fashion Lounge Holdings profitable in the second quarter 2026?
Operating loss was $1.2M (-1.8% of revenue) and net loss $1.5M.