Lovesac (LOVE) Tax Rate (2018 - 2026)
Lovesac's (LOVE) quarterly Tax Rate came in at 33.61% in Q2 2026, up 763.0% on a YoY basis from 3.89% in Q2 2025, and up 13.48% quarter-over-quarter from 29.62% in Q1 2026.
Analysis
Lovesac (LOVE) Tax Rate (2018 - 2026) Analysis & Trends
Lovesac (LOVE) has reported Tax Rate for 9 consecutive years, with 33.61% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 763.0% year-over-year to 33.61%; the trailing twelve-month figure through May 2026 stood at 16.29% (down 1158.0% YoY), and the FY2026 full-year result was 39.01%, up 926.0% from the prior year.
- Tax Rate rose to 33.61% in Q2 2026 per LOVE's latest filing, from 29.62% in the prior quarter.
- Across five years, Tax Rate topped out at 33.61% in Q2 2026 and bottomed at 30.16% in Q1 2022.
- Historically, Tax Rate has averaged 22.93% across 5 years, with a median of 27.29% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 3023 bps in 2022, then soared 5826 bps in 2023.
- Over 5 years, Tax Rate stood at 27.78% in 2022, then climbed by 8 bps to 29.94% in 2023, then fell by 0 bps to 29.91% in 2024, then increased by 8 bps to 32.36% in 2025, then climbed by 4 bps to 33.61% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 33.61%, 29.62%, and 32.36% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 14.70 Bn | 14.60 Bn | 817.20 Mn | 25.17% |
| 2 | Hni | 3.58 Bn | 3.48 Bn | 647.20 Mn | 28.23% |
| 3 | Millerknoll | 1.56 Bn | 1.46 Bn | 395.60 Mn | 31.48% |
| 4 | La-Z-Boy | 1.31 Bn | 1.06 Bn | 208.66 Mn | 45.81% |
| 5 | MasterBrand | 1.31 Bn | 1.07 Bn | 205.50 Mn | -18.76% |
| 6 | Arhaus | 1.24 Bn | 1.01 Bn | 172.07 Mn | 28.40% |
| 7 | Ethan Allen Interiors | 566.80 Mn | 362.23 Mn | 92.62 Mn | 24.76% |
| 8 | XMax | 553.09 Mn | 517.36 Mn | 1.09 Mn | 19.41% |
| 9 | Flexsteel Industries | 337.43 Mn | 320.75 Mn | 34.62 Mn | 22.98% |
| 10 | Lovesac | 244.32 Mn | 187.32 Mn | 71.97 Mn | 33.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 3, 2026 | 33.61% |
| Feb 1, 2026 | 29.62% |
| Nov 2, 2025 | 32.36% |
| Aug 3, 2025 | 24.07% |
| May 4, 2025 | 25.98% |
| Feb 2, 2025 | 26.92% |
| Nov 3, 2024 | 29.91% |
| Aug 4, 2024 | 23.66% |
| May 5, 2024 | 24.54% |
| Feb 4, 2024 | 24.93% |
| Oct 29, 2023 | 29.94% |
| Jul 30, 2023 | 1.09% |
| Apr 30, 2023 | 24.23% |
| Jan 29, 2023 | 28.10% |
| Oct 30, 2022 | 27.78% |
| Jul 31, 2022 | 27.66% |
| May 1, 2022 | 28.47% |
| Jan 30, 2022 | -30.16% |
| Oct 31, 2021 | 6.84% |
| Aug 1, 2021 | 5.75% |