Filing Flows › Lulu's Fashion Lounge Holdings (LVLU) › Q3 2025
Lulu's Fashion Lounge Holdings (LVLU) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $73.6M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -10% from the quarter before. Operating margin was -2.6%, net loss $2.3M (3.1% of revenue).
Lulu's Fashion Lounge Holdings, Q3 2025: revenue $73.6M (-9% year over year), operating margin -2.6%, net loss $2.3M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.6M | -10% | -9% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $73.6M in Q3 2025, down 9% year over year and down 10% from the previous quarter.
Gross margin was 42.6%, up 4.5 points from a year earlier. Operating costs exceeded revenue by $1.9M, an operating margin of -2.6%. Operating expenses fell 11% while revenue fell 9%. The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $3.0M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $1.3M of depreciation and amortization and $823K of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $32K exceeded it, leaving free cash flow of −$1.9M.
Questions
What was Lulu's Fashion Lounge Holdings' revenue in the third quarter 2025?
Lulu's Fashion Lounge Holdings (LVLU) reported revenue of $73.6M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -10% from the quarter before.
Was Lulu's Fashion Lounge Holdings profitable in the third quarter 2025?
Operating loss was $1.9M (-2.6% of revenue) and net loss $2.3M.