Filing Flows › XCel Brands (XELB) › Q2 2026
XCel Brands (XELB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
XCel Brands (XELB) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -15% from a year earlier and -2% from the quarter before. Operating margin was -141.4%, net loss $2.5M (220.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | -2% | -15% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$2.5M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $1.1M in Q2 2026, down 15% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $1.6M, an operating margin of -141.4%. The fastest-growing cost line was SG&A (+11%). The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $2.5M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $813K of depreciation and amortization and $223K of share-based compensation. Working capital and other items used $415K.
Questions
What was XCel Brands' revenue in the second quarter 2026?
XCel Brands (XELB) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -15% from a year earlier and -2% from the quarter before.
Was XCel Brands profitable in the second quarter 2026?
Operating loss was $1.6M (-141.4% of revenue) and net loss $2.5M.
Source: XCel Brands 10-Q on SEC EDGAR.