Lovesac reported revenue of $138.20M and net income of -$11.09M for the quarter ended May 2026, down 0.1% year over year. This income statement covers 36 quarters of results from Jul 2017 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jul2017 | Oct2017 | Feb2018 | May2018 | Aug2018 | Nov2018 | Feb2019 | May2019 | Aug2019 | Nov2019 | Feb2020 | May2020 | Aug2020 | Nov2020 | Jan2021 | May2021 | Aug2021 | Oct2021 | Jan2022 | May2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||
| Revenue | 102.45M | 116.68M | 196.20M | 129.38M | 148.53M | 134.78M | 238.48M | 141.19M | 154.53M | 154.04M | 250.51M | 132.64M | 156.59M | 149.91M | 241.49M | 138.37M | 160.53M | 150.17M | 248.05M | 138.20M | ||||||||||||||||
| Cost of RevenueCost of Rev | 43.42M | 58.06M | 86.39M | 63.41M | 69.44M | 69.88M | 104.81M | 70.62M | 62.14M | 65.59M | 100.87M | 60.60M | 64.22M | 62.27M | 95.71M | 64.00M | 69.92M | 65.93M | 104.05M | 66.22M | ||||||||||||||||
| Gross Profit | 59.03M | 58.62M | 109.81M | 65.97M | 79.10M | 64.90M | 133.67M | 70.58M | 92.39M | 88.44M | 149.64M | 72.05M | 92.37M | 87.64M | 145.78M | 74.37M | 90.61M | 84.24M | 144.00M | 71.97M | ||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 35.38M | 38.09M | 55.83M | 44.92M | 48.81M | 53.52M | 68.73M | 56.55M | 63.83M | 67.63M | 76.30M | 68.40M | 73.67M | 71.75M | 67.62M | 67.12M | 72.11M | 74.96M | 69.79M | 68.57M | ||||||||||||||||
| Other Operating ExpensesOther Opex | 14.64M | 17.56M | 27.64M | 18.56M | 22.16M | 21.51M | 28.47M | 19.73M | 29.55M | 24.42M | 32.95M | 21.50M | 27.07M | 23.61M | 30.56M | 22.21M | 27.32M | 25.08M | 29.26M | 20.78M | ||||||||||||||||
| Operating ExpensesOpex | 50.02M | 55.65M | 83.47M | 63.48M | 70.98M | 75.03M | 97.20M | 76.28M | 93.38M | 92.05M | 109.25M | 89.90M | 100.74M | 95.36M | 98.18M | 89.32M | 99.43M | 100.04M | 99.06M | 89.35M | ||||||||||||||||
| Operating IncomeOp. Inc | 9.01M | 2.97M | 26.34M | 2.49M | 8.12M | -10.12M | 36.48M | -5.71M | -0.99M | -3.61M | 40.38M | -17.86M | -8.37M | -7.72M | 47.60M | -14.95M | -8.82M | -15.80M | 44.94M | -17.37M | ||||||||||||||||
| EBIT | 9.01M | 2.97M | 26.34M | 2.49M | 8.12M | -10.12M | 36.48M | -5.71M | -0.99M | -3.61M | 40.38M | -17.86M | -8.37M | -7.72M | 47.60M | -14.95M | -8.82M | -15.80M | 44.94M | -17.37M | ||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | ||||||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.35M | 0.27M | 0.69M | 0.70M | ||||||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.74M | 0.69M | 0.70M | 0.66M | 0.33M | 0.10M | 0.21M | 0.67M | 0.67M | |||||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||
| EBT | 8.96M | 2.93M | 26.30M | 2.46M | 8.12M | -10.19M | 36.46M | -5.37M | -0.64M | -3.34M | 41.17M | -17.11M | -7.68M | -7.02M | 48.26M | -14.63M | -8.72M | -15.60M | 45.62M | -16.71M | ||||||||||||||||
| Tax ProvisionsTaxes | 0.52M | 0.20M | -7.93M | 0.70M | 2.25M | -2.83M | 10.25M | -1.30M | -0.01M | -1.00M | 10.26M | -4.20M | -1.82M | -2.10M | 12.99M | -3.80M | -2.10M | -5.05M | 13.51M | -5.62M | ||||||||||||||||
| Profit After TaxPAT | 8.45M | 2.75M | 34.23M | 1.79M | 5.85M | -7.36M | 26.21M | -4.12M | -0.64M | -2.34M | 30.95M | -12.96M | -5.86M | -4.93M | 35.31M | -10.84M | -6.65M | -10.55M | 32.11M | -11.09M | ||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 8.45M | 2.73M | 34.23M | 1.76M | 5.88M | -7.36M | 26.21M | -4.07M | -0.64M | -2.34M | 30.91M | -12.91M | -5.86M | -4.92M | 35.27M | -10.83M | -6.62M | -10.55M | 32.11M | -11.09M | ||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 8.45M | 2.73M | 34.23M | 1.76M | 5.88M | -7.36M | 26.21M | -4.07M | -0.64M | -2.34M | 30.91M | -12.91M | -5.86M | -4.92M | 35.27M | -10.83M | -6.62M | -10.55M | 32.11M | -11.09M | ||||||||||||||||
| Income towards Parent CompanyParent Net Inc | 8.45M | 2.73M | 34.23M | 1.76M | 5.88M | -7.36M | 26.21M | -4.07M | -0.64M | -2.34M | 30.91M | -12.91M | -5.86M | -4.92M | 35.27M | -10.83M | -6.62M | -10.55M | 32.11M | -11.09M | ||||||||||||||||
| Net Income towards Common StockholdersNet Income | 8.45M | 2.73M | 34.23M | 1.76M | 5.88M | -7.36M | 26.21M | -4.07M | -0.64M | -2.34M | 30.91M | -12.91M | -5.86M | -4.92M | 35.27M | -10.83M | -6.62M | -10.55M | 32.11M | -11.09M | ||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.56 | 0.18 | 2.27 | 0.12 | 0.39 | -0.48 | 1.72 | -0.27 | -0.04 | -0.15 | 2.00 | -0.83 | -0.38 | -0.32 | 2.27 | -0.73 | -0.45 | -0.72 | 2.19 | -0.76 | ||||||||||||||||
| EPS (Diluted) | 0.52 | 0.17 | 2.13 | 0.11 | 0.37 | -0.48 | 1.64 | -0.27 | -0.04 | -0.15 | 1.88 | -0.83 | -0.38 | -0.32 | 2.10 | -0.73 | -0.45 | -0.72 | 2.18 | -0.76 | ||||||||||||||||
| Shares Outstanding | 15.10M | 15.15M | 15.11M | 15.16M | 15.20M | 15.22M | 15.20M | 15.23M | 15.42M | 15.52M | 15.43M | 15.54M | 15.59M | 15.57M | 15.50M | 14.79M | 14.62M | 14.66M | 14.68M | 14.67M | ||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 16.10M | 16.07M | 16.06M | 16.17M | 16.00M | 15.22M | 15.96M | 15.23M | 15.42M | 15.52M | 16.46M | 15.54M | 15.59M | 15.57M | 16.79M | 14.79M | 14.62M | 14.66M | 14.70M | 14.67M | ||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 15.11M | 15.12M | 15.12M | 15.13M | 15.18M | 15.19M | 15.20M | 15.22M | 15.48M | 15.49M | 15.49M | 15.53M | 15.56M | 15.43M | 14.79M | 14.55M | 14.60M | 14.62M | 14.62M | 14.64M | ||||||||||||||||
| EBITDA | 9.01M | 2.97M | 26.34M | 2.49M | 8.12M | -10.12M | 36.48M | -5.71M | -0.99M | -3.61M | 40.38M | -17.86M | -8.37M | -7.72M | 47.60M | -14.95M | -8.82M | -15.80M | 44.94M | -17.37M | ||||||||||||||||
| Interest ExpensesInt Expense | ||||||||||||||||||||||||||||||||||||
| Tax Rate | 5.75% | 6.84% | -30.16% | 28.47% | 27.66% | 27.78% | 28.10% | 24.23% | 1.09% | 29.94% | 24.93% | 24.54% | 23.66% | 29.91% | 26.92% | 25.98% | 24.07% | 32.36% | 29.62% | 33.61% |