Lovesac (LOVE) Tax Rate (2018 - 2026)
Lovesac posted quarterly Tax Rate of 29.62% for Q1 2026, up 278.0% year-on-year from 7.83% in Q1 2025, and down 8.47% on a QoQ basis from 32.36% in Q4 2025.
Lovesac (LOVE) has 9 years of Tax Rate data on file, last reported at 29.62% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 278.0% year-over-year to 29.62%; the trailing twelve-month figure through Feb 2026 stood at 38.6% (up 905.0% YoY), and the FY2026 full-year result was 39.01%, up 926.0% from the prior year.
- Tax Rate for Q1 2026 stood at 29.62%, down from 32.36% in the prior quarter.
- Across five years, Tax Rate topped out at 32.36% in Q4 2025 and bottomed at 30.0% in Q1 2022.
- The 5-year median for Tax Rate is 26.84% (2025), against an average of 22.16%.
- The widest annual swing landed in 2022, when Tax Rate tumbled 3007 bps; it then soared 5810 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 27.47% in 2022, then increased by 9 bps to 29.94% in 2023, then retreated by 0 bps to 29.79% in 2024, then rose by 9 bps to 32.36% in 2025, then decreased by 8 bps to 29.62% in 2026.
- The last three Tax Rate figures came in at 29.62% (Q1 2026), 32.36% (Q4 2025), and 24.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 17.69 |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 24.33 |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | -8.23 |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 14.79 |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | -27.45 |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 30.22 |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 18.34 |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 31.34 |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 37.30 |
| 10 | Lovesac | 232.60 Mn | 130.75 Mn | 144.00 Mn | 29.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 29.62 |
| Feb 1, 2026 | 29.62 |
| Nov 2, 2025 | 32.36 |
| Nov 2, 2025 | 32.36 |
| Aug 3, 2025 | 24.07 |
| Aug 3, 2025 | 24.07 |
| May 4, 2025 | 25.90 |
| May 4, 2025 | 25.90 |
| Feb 2, 2025 | 26.84 |
| Feb 2, 2025 | 26.84 |
| Nov 3, 2024 | 29.79 |
| Nov 3, 2024 | 29.79 |
| Aug 4, 2024 | 23.45 |
| Aug 4, 2024 | 23.45 |
| May 5, 2024 | 24.54 |
| May 5, 2024 | 24.54 |
| Feb 4, 2024 | 24.93 |
| Feb 4, 2024 | 24.93 |
| Oct 29, 2023 | 29.94 |
| Oct 29, 2023 | 29.94 |
| Jul 30, 2023 | 1.09 |
| Jul 30, 2023 | 1.09 |
| Apr 30, 2023 | 23.30 |
| Apr 30, 2023 | 23.30 |
| Jan 29, 2023 | 28.10 |
| Jan 29, 2023 | 28.10 |
| Oct 30, 2022 | 27.47 |
| Oct 30, 2022 | 27.47 |
| Jul 31, 2022 | 27.99 |
| Jul 31, 2022 | 27.99 |
| May 1, 2022 | 27.37 |
| May 1, 2022 | 27.37 |
| Jan 30, 2022 | -30.00 |
| Jan 30, 2022 | -30.00 |
| Oct 31, 2021 | 5.95 |
| Oct 31, 2021 | 5.95 |
| Aug 1, 2021 | 5.58 |
| Aug 1, 2021 | 5.58 |
| May 2, 2021 | 6.91 |
| May 2, 2021 | 6.91 |
| Jan 31, 2021 | 0.07 |
| Jan 31, 2021 | 0.07 |
| Nov 1, 2020 | 0.44 |
| Nov 1, 2020 | 0.44 |
| Aug 2, 2020 | -3.15 |
| Aug 2, 2020 | -3.15 |
| May 3, 2020 | -0.30 |
| May 3, 2020 | -0.30 |
| Feb 2, 2020 | 0.40 |
| Feb 2, 2020 | 0.40 |
| Nov 3, 2019 | -0.23 |
| Nov 3, 2019 | -0.23 |
| Aug 4, 2019 | 0.14 |
| Aug 4, 2019 | 0.14 |
| May 5, 2019 | -0.14 |
| May 5, 2019 | -0.14 |
| Aug 5, 2018 | -2.15 |
| Aug 5, 2018 | -2.15 |