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Filing Flows › XCel Brands (XELB) › Q2 2026 › vs Q1 2026

XCel Brands (XELB) Q2 2026 vs Q1 2026 (quarter over quarter)

XCel Brands's revenue fell $23K (-2%) from $1.1M in Q1 2026 to $1.1M in Q2 2026.

XCel Brands, Q2 2026: revenue $1.1M (-15% year over year), operating margin -141.4%, net loss $2.5M, operating cash flow −$1.9M. The chart draws each line against Q1 2026, the increases inside each band.

XCel Brands: what changed, Q2 2026 vs Q1 2026XCel Brands: what changed, Q2 2026 vs Q1 2026Working capital & other$1.0MOperating cash sources$1.0MCash used in operations$978KOperating costs−$322KInterest & other, net$279KSG&A−$186KOther operating costs−$136KShare-based compensation$119KDepreciation & amortization−$80KCosts & expenses−$36K

Every line

LineQ2 2026Q1 2026Change%
Revenue$1.1M$1.1M−$23K-2%
Net loss$2.5M$2.5M−$13K-0.5%
Costs & expenses$3.6M$3.6M−$36K-1%
Operating costs$2.7M$3.0M−$322K-11%
Interest & other, net$872K$593K$279K+47%
Income tax$19K$12K$7K+58%
SG&A$1.0M$1.2M−$186K-15%
Other operating costs$1.7M$1.8M−$136K-7%
Operating cash sources$2.9M$1.9M$1.0M+54%
Depreciation & amortization$813K$893K−$80K-9%
Share-based compensation$223K$104K$119K+114%
Cash used in operations$1.9M$877K$978K+112%
Net loss absorbed$2.5M$2.5M−$13K-0.5%
Working capital & other$415K−$615K$1.0M—

Questions

How much did XCel Brands's revenue grow quarter over quarter in Q2 2026?

XCel Brands's revenue fell $23K (-2%) from $1.1M in Q1 2026 to $1.1M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →