Lovesac (LOVE) Gross Margin (2017 - 2026)

Lovesac (LOVE) posted Gross Margin of 52.08% for Q2 2026, down 10.29% on a QoQ basis from 58.05% in Q1 2026, and down 166.0% year-over-year from 78.91% in Q2 2025.

Lovesac (LOVE) Gross Margin (2017 - 2026) Analysis & Trends

Lovesac's Gross Margin history runs 10 years deep, the most recent figure standing at 52.08% for Q2 2026.

  • Quarterly Gross Margin fell 166.0% year-over-year to 52.08% in Q2 2026, while the trailing twelve-month figure through May 2026 was 56.08% (down 223.0% YoY) and the FY2026 annual result came in at 56.41%, down 205.0% from the prior year.
  • Gross Margin was 52.08% for Q2 2026 at Lovesac, down from 58.05% in the prior quarter.
  • Across five years, Gross Margin topped out at 60.37% in Q1 2025 and bottomed at 48.15% in Q4 2022.
  • A 5-year average of 55.55% and a median of 56.07% in 2025 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin sank 458 bps — and 2023, when it soared 926 bps.
  • Lovesac's Gross Margin stood at 48.15% in 2022, then rose by 19 bps to 57.42% in 2023, then grew by 2 bps to 58.46% in 2024, then declined by 4 bps to 56.1% in 2025, then dropped by 7 bps to 52.08% in 2026.
  • Business Quant data shows LOVE's Gross Margin at 52.08% in Q2 2026, 58.05% in Q1 2026, and 56.1% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn 49.19%
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn 43.13%
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn 23.52%
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn 36.82%
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn 37.10%
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn 12.68%
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn 38.28%
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn 46.07%
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn 39.39%
10 Lovesac 240.12 Mn 183.12 Mn 71.97 Mn 52.08%

Historic Data

Download Data
DateValue
May 3, 2026 52.08%
Feb 1, 2026 58.05%
Nov 2, 2025 56.10%
Aug 3, 2025 56.44%
May 4, 2025 53.75%
Feb 2, 2025 60.37%
Nov 3, 2024 58.46%
Aug 4, 2024 58.99%
May 5, 2024 54.31%
Feb 4, 2024 59.73%
Oct 29, 2023 57.42%
Jul 30, 2023 59.79%
Apr 30, 2023 49.98%
Jan 29, 2023 56.05%
Oct 30, 2022 48.15%
Jul 31, 2022 53.25%
May 1, 2022 50.99%
Jan 30, 2022 55.97%
Oct 31, 2021 50.24%
Aug 1, 2021 57.62%