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| Date | Value |
|---|---|
| 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 |