Lovesac (LOVE) Tax Rate (2020 - 2026)
Lovesac's Tax Rate came in at 38.88% for fiscal Q2 2027 (quarter ended Aug 2, 2026), up 14.80 percentage points from 24.07% a year earlier and up 5.27 percentage points from the prior quarter.
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Analysis
Lovesac (LOVE) Tax Rate (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 2, 2026, Lovesac reported Tax Rate of 29.74%, up 1.82 percentage points year-over-year; for FY2026 (ended Feb 1, 2026), it came in at 39.01%, up 9.26 percentage points from FY2025.
- Tax Rate carries a five-year change of +38.43 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 29.75% in FY2025 (+4.73 pp), 25.02% in FY2024 (-3.10 pp), 28.12% in FY2023 (+45.66 pp) and -17.55% in FY2022 (-18.13 pp).
- The fiscal Q2 2027 figure represents the highest quarterly Tax Rate in data going back to fiscal Q2 2019.
- Year-over-year, Tax Rate has increased for seven consecutive quarters, with an average year-over-year change of +3.92 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2023 (a gain of 58.26 percentage points), and the weakest in fiscal Q4 2022 (a drop of 30.23 percentage points).
- Business Quant data shows LOVE's Tax Rate at 33.61% (Q1 2027), 29.62% (Q4 2026) and 32.36% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | 20.71% |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 25.17% |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | 28.23% |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | 45.64% |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 12.97% |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 3.13% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | - |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 21.59% |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | 28.40% |
| 10 | Lovesac | 217.06 Mn | -34.32 Mn | 110.27 Mn | 38.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 38.88% |
| Feb 1, 2026 | 29.62% |
| Feb 2, 2025 | 26.92% |
| Feb 4, 2024 | 24.93% |
| Jan 29, 2023 | 28.10% |
| Jul 31, 2022 | 27.66% |
| May 1, 2022 | 28.47% |
| Oct 31, 2021 | 6.84% |
| Aug 1, 2021 | 5.75% |
| May 2, 2021 | 9.03% |
| Jan 31, 2021 | 0.07% |
| Nov 1, 2020 | 0.44% |
| Feb 2, 2020 | 0.40% |
API Access
Lovesac Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LOVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LOVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LOVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();