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| 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% |