Lovesac (LOVE) Gross Margin (2017 - 2026)
Lovesac's (LOVE) quarterly Gross Margin came in at 52.08% in Q2 2026, down 166.0% on a YoY basis from 78.91% in Q2 2025, and down 10.29% quarter-over-quarter from 58.05% in Q1 2026.
Analysis
Lovesac (LOVE) Gross Margin (2017 - 2026) Analysis & Trends
Lovesac (LOVE) has reported Gross Margin for 10 consecutive years, with 52.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 166.0% year-over-year to 52.08%; the trailing twelve-month figure through May 2026 stood at 56.08% (down 223.0% YoY), and the FY2026 full-year result was 56.41%, down 205.0% from the prior year.
- Gross Margin declined to 52.08% in Q2 2026 per LOVE's latest filing, 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.
- Historically, Gross Margin has averaged 55.55% across 5 years, with a median of 56.07% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 458 bps in 2022, then jumped 926 bps in 2023.
- Over 5 years, 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.
- According to Business Quant data, Gross Margin over the past three periods registered 52.08%, 58.05%, and 56.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 13.86 Bn | 13.75 Bn | 817.20 Mn | 44.81% |
| 2 | Hni | 3.34 Bn | 3.23 Bn | 647.20 Mn | 43.96% |
| 3 | Millerknoll | 1.43 Bn | 1.26 Bn | 395.60 Mn | 39.39% |
| 4 | La-Z-Boy | 1.23 Bn | 966.19 Mn | 208.66 Mn | 43.87% |
| 5 | MasterBrand | 1.14 Bn | 898.11 Mn | 205.50 Mn | 25.21% |
| 6 | Arhaus | 1.12 Bn | 894.72 Mn | 172.07 Mn | 44.71% |
| 7 | Ethan Allen Interiors | 557.01 Mn | 352.52 Mn | 92.62 Mn | 63.11% |
| 8 | XMax | 520.34 Mn | 484.62 Mn | 1.09 Mn | 39.84% |
| 9 | Flexsteel Industries | 424.55 Mn | 407.88 Mn | 34.62 Mn | 30.01% |
| 10 | Lovesac | 209.09 Mn | 152.09 Mn | 71.97 Mn | 52.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |