Lovesac (LOVE) Tax Provisions (2018 - 2026)

Lovesac (LOVE) posted Tax Provisions of -$5.6 million for Q2 2026, down 141.56% on a QoQ basis from $13.5 million in Q1 2026, and down 48.19% year-over-year from -$10.8 million in Q2 2025.

Lovesac (LOVE) Tax Provisions (2018 - 2026) Analysis & Trends

Lovesac's Tax Provisions history runs 9 years deep, the most recent figure standing at -$5.6 million for Q2 2026.

  • Quarterly Tax Provisions fell 48.19% year-over-year to -$5.6 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $747000.0 (down 85.79% YoY) and the FY2026 annual result came in at $2.6 million, down 46.86% from the prior year.
  • Tax Provisions was -$5.6 million for Q2 2026 at Lovesac, down from $13.5 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $13.5 million in Q1 2026 and bottomed at -$7.9 million in Q1 2022.
  • A 5-year average of $681611.1 and a median of -$1.6 million in 2023 frame the typical range for Tax Provisions.
  • Peak annual rise in Tax Provisions reached 341.55% in 2022, while the deepest fall reached 49668.75% in 2022.
  • Lovesac's Tax Provisions stood at -$2.8 million in 2022, then soared by 64.32% to -$999000.0 in 2023, then sank by 109.41% to -$2.1 million in 2024, then plunged by 141.25% to -$5.0 million in 2025, then fell by 11.25% to -$5.6 million in 2026.
  • Business Quant data shows LOVE's Tax Provisions at -$5.6 million in Q2 2026, $13.5 million in Q1 2026, and -$5.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn 26.10 Mn
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn 33.40 Mn
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn -8.90 Mn
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn 15.47 Mn
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn -16.80 Mn
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn 14.00 Mn
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn 5.30 Mn
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn 9.28 Mn
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn 11.90 Mn
10 Lovesac 240.12 Mn 183.12 Mn 71.97 Mn -5.62 Mn

Historic Data

Download Data
DateValue
May 3, 2026 -5.62 Mn
Feb 1, 2026 13.51 Mn
Nov 2, 2025 -5.05 Mn
Aug 3, 2025 -2.10 Mn
May 4, 2025 -3.79 Mn
Feb 2, 2025 12.95 Mn
Nov 3, 2024 -2.09 Mn
Aug 4, 2024 -1.82 Mn
May 5, 2024 -4.15 Mn
Feb 4, 2024 10.26 Mn
Oct 29, 2023 -999,000.00
Jul 30, 2023 -7,000.00
Apr 30, 2023 -1.30 Mn
Jan 29, 2023 10.25 Mn
Oct 30, 2022 -2.80 Mn
Jul 31, 2022 2.27 Mn
May 1, 2022 673,000.00
Jan 30, 2022 -7.93 Mn
Oct 31, 2021 200,000.00
Aug 1, 2021 515,000.00