What is Lovesac's operating income?

Lovesac's total operating income in 2026 was $5.36 million, based on the following breakdown: Total Gross Profit: $393.22 million Total Operating Expenses: $387.85 million

Lovesac (LOVE) Financials

$18.04 +0.55 (+3.14%)

Closing price 07/6/2026 04:00 PM Eastern

Extended Trading

$18.06 +0.02 (+0.08%)

As of 07/6/2026 07:55 PM Eastern

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Annual Income Statements for Lovesac

This table shows Lovesac's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	2/4/2018	2/3/2019	2/2/2020	1/31/2021	1/30/2022	1/29/2023	2/4/2024	2/2/2025	2/1/2026
Net Income / (Loss) Attributable to Common Shareholders	-5.50	-6.70	-15	15	47	26	24	12	4.07
Consolidated Net Income / (Loss)	-5.50	-6.70	-15	15	47	26	24	12	4.07
Net Income / (Loss) Continuing Operations	-5.50	-6.70	-15	15	47	26	24	12	4.07
Total Pre-Tax Income	-5.48	-6.69	-15	15	40	37	32	16	6.67
Total Operating Income	-5.04	-7.04	-16	15	41	37	30	14	5.36
Total Gross Profit	57	91	117	175	274	344	401	398	393
Total Revenue	102	166	233	321	498	651	700	681	697
Operating Revenue	102	166	233	321	498	651	700	681	697
Total Cost of Revenue	45	75	117	146	225	308	299	283	304
Operating Cost of Revenue	45	75	117	146	225	308	299	283	304
Total Operating Expenses	62	98	132	160	233	307	371	384	388
Selling, General & Admin Expense	51	76	98	111	160	216	264	281	284
Marketing Expense	9.19	18	29	42	65	80	94	88	89
Depreciation Expense	2.21	3.13	5.16	6.61	7.86	11	13	15	15
Total Other Income / (Expense), net	-0.44	0.36	0.65	-0.07	-0.18	-0.12	1.75	2.80	1.30
Other Income / (Expense), net	-	-	-	-	-	-0.12	1.75	2.80	1.30
Income Tax Expense	0.03	0.02	0.04	0.09	-7.09	10	7.96	4.89	2.60
Basic Earnings per Share	($1.12)	($3.28)	($1.07)	$1.01	$3.14	$1.74	$1.55	$0.75	$0.28
Weighted Average Basic Shares Outstanding	6.00M	10.54M	14.26M	14.61M	15.11M	15.20M	15.43M	15.50M	14.68M
Diluted Earnings per Share	($1.12)	($3.28)	($1.07)	$0.96	$2.96	$1.66	$1.45	$0.69	$0.28
Weighted Average Diluted Shares Outstanding	6.00M	10.54M	14.26M	15.33M	16.06M	15.96M	16.46M	16.79M	14.70M
Weighted Average Basic & Diluted Shares Outstanding	6.00M	10.54M	14.26M	15.02M	15.12M	15.20M	15.49M	14.79M	14.62M

This table shows Lovesac's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	10/29/2023	2/4/2024	5/5/2024	8/4/2024	11/3/2024	2/2/2025	5/4/2025	8/3/2025	11/2/2025	2/1/2026	5/3/2026
Net Income / (Loss) Attributable to Common Shareholders	-2.34	31	-13	-5.86	-4.93	35	-11	-6.65	-11	32	-11
Consolidated Net Income / (Loss)	-2.34	31	-13	-5.86	-4.93	35	-11	-6.65	-11	32	-11
Net Income / (Loss) Continuing Operations	-2.34	31	-13	-5.86	-4.93	35	-11	-6.65	-11	32	-11
Total Pre-Tax Income	-3.34	41	-17	-7.68	-7.02	48	-15	-8.72	-16	46	-17
Total Operating Income	-3.61	40	-18	-8.37	-7.72	48	-15	-8.82	-16	45	-17
Total Gross Profit	88	150	72	92	88	146	74	91	84	144	72
Total Revenue	154	251	133	157	150	241	138	161	150	248	138
Operating Revenue	154	251	133	157	150	241	138	161	150	248	138
Total Cost of Revenue	66	101	61	64	62	96	64	70	66	104	66
Operating Cost of Revenue	66	101	61	64	62	96	64	70	66	104	66
Total Operating Expenses	92	109	90	101	95	98	89	99	100	99	89
Selling, General & Admin Expense	68	76	68	74	72	68	67	72	75	70	69
Marketing Expense	21	29	18	23	20	27	19	23	21	26	17
Depreciation Expense	3.31	3.46	3.50	3.76	3.67	3.79	3.61	3.84	4.00	3.76	4.18
Total Other Income / (Expense), net	0.27	0.79	0.74	0.69	0.70	0.66	0.33	0.10	0.21	0.67	0.67
Other Income / (Expense), net	-	-	0.74	0.69	0.70	-	0.33	0.10	0.21	0.67	0.67
Income Tax Expense	-1.00	10	-4.15	-1.82	-2.09	13	-3.79	-2.07	-5.05	14	-5.62
Basic Earnings per Share	($0.15)	$2.01	($0.83)	($0.38)	($0.32)	$2.28	($0.73)	($0.45)	($0.72)	$2.18	($0.76)
Weighted Average Basic Shares Outstanding	15.52M	15.43M	15.54M	15.59M	15.57M	15.50M	14.79M	14.62M	14.66M	14.68M	14.67M
Diluted Earnings per Share	($0.15)	$1.91	($0.83)	($0.38)	($0.32)	$2.22	($0.73)	($0.45)	($0.72)	$2.18	($0.76)
Weighted Average Diluted Shares Outstanding	15.52M	16.46M	15.54M	15.59M	15.57M	16.79M	14.79M	14.62M	14.66M	14.70M	14.67M
Weighted Average Basic & Diluted Shares Outstanding	15.49M	15.49M	15.55M	15.56M	15.43M	14.79M	14.55M	14.61M	14.62M	14.62M	14.64M

This table details how cash moves in and out of Lovesac's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	2/4/2018	2/3/2019	2/2/2020	1/31/2021	1/30/2022	1/29/2023	2/4/2024	2/2/2025	2/1/2026
Net Change in Cash & Equivalents	8.30	40	-0.53	30	14	-49	44	-3.30	18
Net Cash From Operating Activities	-2.74	-7.01	-11	41	33	-21	76	39	49
Net Cash From Continuing Operating Activities	-2.74	-7.01	-11	41	33	-21	76	39	49
Net Income / (Loss) Continuing Operations	-5.50	-6.70	-15	15	47	26	24	12	4.07
Consolidated Net Income / (Loss)	-5.50	-6.70	-15	15	47	26	24	12	4.07
Depreciation Expense	2.00	2.94	4.89	6.10	7.15	10	12	14	15
Amortization Expense	0.36	0.32	0.34	0.60	0.80	0.55	0.59	0.55	0.39
Non-Cash Adjustments To Reconcile Net Income	1.15	3.72	5.67	9.27	29	30	13	33	34
Changes in Operating Assets and Liabilities, net	-0.74	-7.27	-6.89	9.82	-51	-89	27	-21	-4.50
Net Cash From Investing Activities	-6.81	-11	-11	-9.05	-15	-26	-29	-22	-24
Net Cash From Continuing Investing Activities	-6.81	-11	-11	-9.05	-15	-26	-29	-22	-24
Purchase of Property, Plant & Equipment	-6.64	-11	-10	-8.37	-15	-25	-29	-21	-23
Acquisitions	-0.17	-0.61	-0.67	-0.68	-0.50	-0.31	-0.48	-0.49	-0.89
Net Cash From Financing Activities	18	58	21	-1.67	-3.48	-1.94	-3.73	-21	-7.19
Net Cash From Continuing Financing Activities	18	58	21	-1.67	-3.48	-1.94	-3.73	-21	-7.19
Repayment of Debt	-3.29	-0.29	0.00	-0.05	0.00	-0.28	-0.31	-0.30	-0.01
Repurchase of Common Equity	-	-	-	-	-	0.00	0.00	-20	-6.00
Issuance of Debt	-	0.03	-0.03	-	0.00	0.00	0.26	0.00	0.00
Other Financing Activities, net	21	-0.38	-4.28	-1.72	-3.58	-1.66	-3.68	-0.53	-1.18
Cash Interest Paid	0.17	0.06	0.06	0.09	0.10	0.19	0.15	0.11	0.12
Cash Income Taxes Paid	0.03	0.02	0.04	0.09	1.12	11	1.81	8.45	9.97

This table details how cash moves in and out of Lovesac's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	10/29/2023	2/4/2024	5/5/2024	8/4/2024	11/3/2024	2/2/2025	5/4/2025	8/3/2025	11/2/2025	2/1/2026	5/3/2026
Net Change in Cash & Equivalents	-17	49	-15	-0.24	-10	22	-57	7.29	-10	78	-45
Net Cash From Operating Activities	-7.22	56	-7.01	6.18	-4.22	44	-41	12	-4.88	83	-35
Net Cash From Continuing Operating Activities	-7.22	56	-7.01	6.18	-4.22	44	-41	12	-4.88	83	-35
Net Income / (Loss) Continuing Operations	-2.34	31	-13	-5.86	-4.93	35	-11	-6.65	-11	32	-11
Consolidated Net Income / (Loss)	-2.34	31	-13	-5.86	-4.93	35	-11	-6.65	-11	32	-11
Depreciation Expense	3.21	3.35	3.39	3.65	3.57	3.68	3.55	3.76	3.92	3.66	4.08
Amortization Expense	0.14	0.14	0.15	0.17	0.11	0.12	0.09	0.09	0.10	0.11	0.12
Non-Cash Adjustments To Reconcile Net Income	-9.23	3.60	3.43	-3.53	18	-12	2.79	11	9.52	4.25	12
Changes in Operating Assets and Liabilities, net	1.00	18	-1.02	12	-21	17	-37	3.84	-7.87	43	-41
Net Cash From Investing Activities	-9.72	-6.97	-7.30	-6.20	-2.58	-5.44	-8.70	-4.50	-5.55	-5.28	-5.32
Net Cash From Continuing Investing Activities	-9.72	-6.97	-7.30	-6.20	-2.58	-5.44	-8.70	-4.50	-5.55	-5.28	-5.32
Purchase of Property, Plant & Equipment	-9.59	-6.79	-7.30	-6.06	-2.38	-5.29	-8.58	-4.33	-5.30	-4.92	-5.03
Acquisitions	-0.13	-0.18	-0.01	-0.13	-0.20	-0.15	-0.12	-0.16	-0.25	-0.35	-0.29
Net Cash From Financing Activities	-0.04	-0.05	-0.36	-0.22	-3.64	-17	-6.76	-0.38	-0.04	-0.02	-4.18
Net Cash From Continuing Financing Activities	-0.04	-0.05	-0.36	-0.22	-3.64	-17	-6.76	-0.38	-0.04	-0.02	-4.18
Repayment of Debt	-	-0.26	0.00	-0.14	-0.16	-	-0.01	-	-	-	0.00
Repurchase of Common Equity	-	-	0.00	-	-	-16	-6.00	-	-	-	-2.36
Other Financing Activities, net	-0.04	-0.05	-0.36	-0.08	-0.05	-0.04	-0.74	-0.38	-0.04	-0.02	-1.82
Cash Interest Paid	0.01	0.07	0.03	0.03	0.03	0.02	0.04	0.03	0.02	0.03	0.03
Cash Income Taxes Paid	0.00	0.58	0.01	8.34	0.03	0.06	0.00	9.08	0.08	0.82	0.02

This table presents Lovesac's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	2/4/2018	2/3/2019	2/2/2020	1/31/2021	1/30/2022	1/29/2023	2/4/2024	2/2/2025	2/1/2026
Total Assets	41	105	126	171	369	409	482	532	535
Total Current Assets	30	85	100	143	222	188	214	247	237
Cash & Equivalents	9.18	49	49	78	92	44	87	84	102
Accounts Receivable	2.81	3.96	7.19	4.51	8.55	9.10	13	17	12
Inventories, net	12	26	36	50	108	120	98	124	106
Prepaid Expenses	6.06	5.93	8.05	10	12	10	12	15	10
Other Current Assets	-	-	-	-	-	5.07	3.85	6.94	6.26
Plant, Property, & Equipment, net	11	19	24	26	34	53	71	78	86
Total Noncurrent Assets	0.72	1.30	1.64	1.75	113	168	197	208	212
Goodwill	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14
Intangible Assets	0.53	0.94	1.35	1.52	1.41	1.41	1.46	1.59	2.37
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	9.72	8.68	11	15	13
Other Noncurrent Operating Assets	-	-	-	0.00	102	158	185	191	196
Total Liabilities & Shareholders' Equity	41	105	126	171	369	409	482	532	535
Total Liabilities	18	26	36	63	211	216	265	316	316
Total Current Liabilities	17	25	32	56	115	82	106	155	147
Accounts Payable	13	17	20	24	33	25	29	52	44
Accrued Expenses	0.78	3.70	8.57	17	41	25	39	52	39
Current Deferred Revenue	-	-	-	-	-	6.76	8.26	11	12
Current Deferred & Payable Income Tax Liabilities	0.89	0.75	1.40	2.47	5.36	5.43	6.03	7.90	7.00
Other Taxes Payable	-	-	-	-	-	6.78	7.00	9.50	22
Other Current Liabilities	1.45	2.27	0.89	6.36	22	13	18	23	24
Total Noncurrent Liabilities	1.06	1.63	3.11	6.75	97	133	158	161	169
Long-Term Debt	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	0.00	0.45	0.42	0.46
Other Noncurrent Operating Liabilities	-	-	-	0.00	97	133	158	160	168
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	24	79	90	108	158	193	217	216	219
Total Preferred & Common Equity	24	79	90	108	158	193	217	216	219
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	24	79	90	108	158	193	217	216	219
Common Stock	80	142	168	171	174	183	183	191	195
Retained Earnings	-56	-63	-78	-63	-16	11	34	26	24

This table presents Lovesac's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026	Q1 2027
Period end date	7/30/2023	10/29/2023	5/5/2024	8/4/2024	11/3/2024	5/4/2025	8/3/2025	11/2/2025	5/3/2026
Total Assets	434	436	477	481	500	484	494	496	501
Total Current Assets	184	184	191	194	210	181	190	186	199
Cash & Equivalents	55	38	72	72	62	27	34	24	57
Accounts Receivable	7.99	13	7.18	15	16	13	14	17	13
Inventories, net	105	117	95	88	113	125	124	130	109
Prepaid Expenses	16	17	15	15	17	13	14	13	13
Other Current Assets	-	-	1.95	3.68	1.96	3.63	3.32	2.53	6.18
Plant, Property, & Equipment, net	63	68	77	77	77	85	84	87	87
Total Noncurrent Assets	187	184	209	210	213	217	219	223	215
Goodwill	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14
Intangible Assets	1.47	1.50	1.45	1.43	1.53	1.72	1.86	2.10	2.64
Noncurrent Deferred & Refundable Income Taxes	10	11	15	17	19	19	21	26	19
Other Noncurrent Operating Assets	175	172	193	191	192	196	196	194	193
Total Liabilities & Shareholders' Equity	434	436	477	481	500	484	494	496	501
Total Liabilities	247	251	272	279	303	283	296	306	295
Total Current Liabilities	97	106	106	115	141	113	125	137	128
Accounts Payable	34	37	28	29	49	25	36	46	44
Accrued Expenses	25	31	36	36	40	42	36	41	32
Current Deferred Revenue	-	-	12	15	17	12	14	8.73	14
Current Deferred & Payable Income Tax Liabilities	3.91	3.84	4.43	5.71	4.91	4.22	4.88	4.58	4.32
Other Taxes Payable	-	-	6.04	11	9.85	7.14	11	14	10
Other Current Liabilities	22	24	18	19	21	23	23	23	24
Total Noncurrent Liabilities	149	145	166	164	162	169	171	169	167
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	0.45	0.45	0.45	0.42	0.42	0.42	0.46
Other Noncurrent Operating Liabilities	149	145	166	163	162	169	171	169	167
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	187	186	205	202	196	201	197	189	206
Total Preferred & Common Equity	187	186	205	202	196	201	197	189	206
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	187	186	205	202	196	201	197	189	206
Common Stock	181	182	184	187	189	192	195	198	195
Retained Earnings	5.79	3.45	21	16	7.20	8.95	2.31	-8.24	10

This table displays calculated financial ratios and metrics derived from Lovesac's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	2/4/2018	2/3/2019	2/2/2020	1/31/2021	1/30/2022	1/29/2023	2/4/2024	2/2/2025	2/1/2026
DEI Shares Outstanding	0.00	13,535,268.00	14,538,586.00	14,683,138.00	15,123,084.00	15,192,442.00	-	-	14,617,106.00
DEI Adjusted Shares Outstanding	0.00	13,535,268.00	14,538,586.00	14,683,138.00	15,123,084.00	15,192,442.00	-	-	14,617,106.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	-0.50	-1.05	1.00	3.14	1.74	-	-	0.28
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	62.93%	40.69%	37.43%	55.34%	30.70%	7.54%	-2.80%	2.42%
EBITDA Growth	0.00%	-41.42%	-179.22%	304.02%	124.86%	-1.39%	-6.83%	-29.83%	-29.86%
EBIT Growth	0.00%	-39.81%	-124.45%	194.12%	172.70%	-9.19%	-13.64%	-48.31%	-59.48%
NOPAT Growth	0.00%	-39.81%	-124.45%	233.68%	222.43%	-44.29%	-15.13%	-57.48%	-65.89%
Net Income Growth	0.00%	-21.86%	-126.79%	196.86%	222.46%	-44.22%	-9.92%	-51.57%	-64.82%
EPS Growth	0.00%	-192.86%	67.38%	189.72%	208.33%	-43.92%	-12.65%	-52.41%	-59.42%
Operating Cash Flow Growth	0.00%	-155.72%	-59.74%	461.99%	-19.43%	-165.47%	457.62%	-49.01%	26.56%
Free Cash Flow Firm Growth	0.00%	0.00%	-14.97%	216.18%	-55.92%	-588.25%	172.35%	-82.17%	156.33%
Invested Capital Growth	0.00%	104.73%	40.52%	-28.83%	121.66%	128.61%	-12.77%	1.66%	-11.89%
Revenue Q/Q Growth	0.00%	0.00%	13.63%	13.24%	15.41%	6.94%	1.75%	-1.31%	0.95%
EBITDA Q/Q Growth	0.00%	0.00%	-23.68%	325.52%	11.77%	28.38%	16.93%	49.23%	-10.86%
EBIT Q/Q Growth	0.00%	0.00%	-22.59%	1,057.22%	12.71%	37.35%	21.61%	155.66%	-28.41%
NOPAT Q/Q Growth	0.00%	0.00%	-22.59%	1,459.52%	35.74%	-23.40%	22.18%	93.68%	-47.72%
Net Income Q/Q Growth	0.00%	0.00%	-24.82%	1,044.29%	35.82%	-23.22%	24.77%	60.48%	-44.05%
EPS Q/Q Growth	0.00%	0.00%	-343.18%	972.73%	29.82%	-22.43%	20.83%	81.58%	-12.50%
Operating Cash Flow Q/Q Growth	0.00%	6.14%	61.70%	25.94%	77.31%	-3.97%	13.86%	-23.98%	396.76%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	49.87%	9,909.86%	-22.83%	66.90%	-58.53%	177.63%
Invested Capital Q/Q Growth	0.00%	0.00%	-26.46%	-21.20%	-10.03%	-3.05%	-11.71%	-1.62%	-29.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	56.20%	54.79%	50.00%	54.49%	54.90%	52.77%	57.27%	58.45%	56.41%
EBITDA Margin	-2.63%	-2.28%	-4.53%	6.73%	9.74%	7.35%	6.37%	4.60%	3.15%
Operating Margin	-4.95%	-4.25%	-6.77%	4.64%	8.14%	5.68%	4.29%	2.01%	0.77%
EBIT Margin	-4.95%	-4.25%	-6.77%	4.64%	8.14%	5.66%	4.54%	2.42%	0.96%
Profit (Net Income) Margin	-5.40%	-4.04%	-6.52%	4.59%	9.53%	4.07%	3.41%	1.70%	0.58%
Tax Burden Percent	100.47%	100.25%	100.28%	99.42%	117.55%	71.88%	74.98%	70.25%	60.99%
Interest Burden Percent	108.69%	94.95%	95.91%	99.55%	99.56%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.58%	-17.55%	28.12%	25.02%	29.75%	39.01%
Return on Invested Capital (ROIC)	-24.46%	-22.45%	-31.18%	41.68%	100.49%	24.72%	16.11%	7.29%	2.62%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.05%	-16.38%	-22.73%	41.79%	100.73%	24.84%	14.10%	4.98%	1.77%
Return on Net Nonoperating Assets (RNNOA)	1.19%	9.35%	13.18%	-26.81%	-64.75%	-9.62%	-4.48%	-1.96%	-0.75%
Return on Equity (ROE)	-23.27%	-13.09%	-18.00%	14.87%	35.74%	15.10%	11.62%	5.33%	1.87%
Cash Return on Invested Capital (CROIC)	0.00%	-91.18%	-64.87%	75.37%	24.84%	-53.55%	29.75%	5.65%	15.26%
Operating Return on Assets (OROA)	-12.16%	-9.62%	-13.71%	10.03%	15.03%	9.48%	7.14%	3.24%	1.25%
Return on Assets (ROA)	-13.28%	-9.16%	-13.18%	9.93%	17.58%	6.81%	5.36%	2.28%	0.76%
Return on Common Equity (ROCE)	-23.27%	-13.09%	-18.00%	14.87%	35.74%	15.10%	11.62%	5.33%	1.87%
Return on Equity Simple (ROE_SIMPLE)	-23.27%	-8.51%	-16.87%	13.64%	30.09%	13.72%	10.97%	5.34%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.53	-4.93	-11	15	48	27	23	9.59	3.27
NOPAT Margin	-3.46%	-2.97%	-4.74%	4.61%	9.57%	4.08%	3.22%	1.41%	0.47%
Net Nonoperating Expense Percent (NNEP)	-21.42%	-6.07%	-8.45%	-0.10%	-0.25%	-0.12%	2.01%	2.30%	0.86%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	13.76%	10.37%	4.43%	1.50%
Cost of Revenue to Revenue	43.80%	45.21%	50.00%	45.51%	45.10%	47.23%	42.73%	41.55%	43.59%
SG&A Expenses to Revenue	49.94%	46.07%	42.06%	34.72%	32.12%	33.17%	37.74%	41.35%	40.74%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	61.15%	59.03%	56.77%	49.85%	46.76%	47.10%	52.98%	56.45%	55.64%
Earnings before Interest and Taxes (EBIT)	-5.04	-7.04	-16	15	41	37	32	16	6.67
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.68	-3.79	-11	22	49	48	45	31	22
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.37	4.08	1.83	7.69	4.84	2.04	1.64	1.82	0.89
Price to Tangible Book Value (P/TBV)	2.44	4.14	1.86	7.81	4.89	2.06	1.65	1.84	0.90
Price to Revenue (P/Rev)	0.55	1.94	0.71	2.59	1.53	0.61	0.51	0.58	0.28
Price to Earnings (P/E)	0.00	0.00	0.00	56.37	16.10	14.90	14.94	34.14	47.90
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	1.77%	6.21%	6.71%	6.69%	2.93%	2.09%
Enterprise Value to Invested Capital (EV/IC)	3.25	9.23	2.81	25.47	10.27	2.35	2.07	2.34	0.79
Enterprise Value to Revenue (EV/Rev)	0.46	1.64	0.50	2.34	1.35	0.54	0.38	0.46	0.13
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	34.84	13.85	7.34	6.05	9.93	4.23
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	50.53	16.56	9.53	8.47	18.89	13.93
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	50.82	14.09	13.21	11.95	32.41	28.39
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	18.55	20.58	0.00	3.53	7.97	1.88
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	28.11	56.99	0.00	6.47	41.84	4.88
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.39	-0.57	-0.58	-0.64	-0.64	-0.39	-0.32	-0.39	-0.43
Leverage Ratio	1.75	1.43	1.37	1.50	2.03	2.22	2.17	2.34	2.45
Compound Leverage Factor	1.91	1.36	1.31	1.49	2.02	2.22	2.17	2.34	2.45
Debt to Total Capital	0.00%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	99.96%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	3.43	12.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	2.60	9.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.42	8.56	4.01	10.15	4.17	3.34	2.85	2.40	1.98
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	1.77	3.46	3.09	2.55	1.93	2.29	2.02	1.59	1.61
Quick Ratio	0.72	2.15	1.72	1.47	0.88	0.64	0.94	0.65	0.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-20	-23	27	12	-58	42	7.43	19
Operating Cash Flow to CapEx	-41.29%	-65.20%	-112.20%	483.89%	223.39%	-84.68%	266.01%	185.38%	213.22%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	399.24	65.87	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-6.26	0.00	0.00	604.79	182.39	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-21.41	0.00	0.00	479.81	100.74	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	2.46	2.27	2.02	2.16	1.85	1.67	1.57	1.34	1.31
Accounts Receivable Turnover	36.29	49.08	41.88	54.82	76.30	73.79	62.06	45.01	48.90
Inventory Turnover	3.83	3.97	3.73	3.36	2.83	2.70	2.74	2.54	2.64
Fixed Asset Turnover	9.22	11.20	11.00	12.90	16.61	14.96	11.32	9.15	8.48
Accounts Payable Turnover	3.51	5.08	6.35	6.61	7.81	10.64	11.21	7.01	6.36
Days Sales Outstanding (DSO)	10.06	7.44	8.71	6.66	4.78	4.95	5.88	8.11	7.46
Days Inventory Outstanding (DIO)	95.29	91.97	97.84	108.55	129.06	135.38	133.00	143.77	138.51
Days Payable Outstanding (DPO)	103.92	71.86	57.44	55.26	46.75	34.31	32.57	52.04	57.38
Cash Conversion Cycle (CCC)	1.43	27.54	49.11	59.94	87.10	106.01	106.32	99.84	88.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	14	30	41	30	65	150	130	133	117
Invested Capital Turnover	7.06	7.55	6.58	9.04	10.50	6.06	5.00	5.17	5.59
Increase / (Decrease) in Invested Capital	0.00	15	12	-12	36	84	-19	2.16	-16
Enterprise Value (EV)	47	272	116	752	672	351	270	311	93
Market Capitalization	56	321	165	830	764	395	357	394	195
Book Value per Share	$3.94	$5.82	$6.20	$7.35	$10.44	$12.71	$14.04	$14.02	$14.96
Tangible Book Value per Share	$3.83	$5.74	$6.10	$7.24	$10.33	$12.61	$13.94	$13.91	$14.79
Total Capital	24	79	90	108	158	193	217	216	219
Total Debt	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-9.18	-49	-49	-78	-92	-44	-87	-84	-102
Capital Expenditures (CapEx)	6.64	11	9.98	8.37	15	25	29	21	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3.77	11	19	8.73	15	62	21	7.75	-12
Debt-free Net Working Capital (DFNWC)	13	60	68	87	107	106	108	91	90
Net Working Capital (NWC)	13	60	68	87	107	106	108	91	90
Net Nonoperating Expense (NNE)	1.98	1.77	4.14	0.07	0.21	0.08	-1.31	-1.97	-0.79
Net Nonoperating Obligations (NNO)	-9.22	-49	-49	-78	-92	-44	-87	-84	-102
Total Depreciation and Amortization (D&A)	2.36	3.25	5.23	6.70	7.95	11	13	15	15
Debt-free, Cash-free Net Working Capital to Revenue	3.70%	6.89%	8.24%	2.72%	2.94%	9.54%	3.01%	1.14%	-1.77%
Debt-free Net Working Capital to Revenue	12.72%	36.47%	29.04%	27.15%	21.48%	16.23%	15.44%	13.44%	12.84%
Net Working Capital to Revenue	12.72%	36.47%	29.04%	27.15%	21.48%	16.23%	15.44%	13.44%	12.84%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.12)	($3.28)	($1.07)	$1.01	$3.04	$1.86	$1.55	$0.75	$0.28
Adjusted Weighted Average Basic Shares Outstanding	6.00M	13.75M	14.47M	14.61M	15.11M	15.20M	15.43M	15.50M	14.68M
Adjusted Diluted Earnings per Share	($1.12)	($3.28)	($1.07)	$0.96	$2.86	$1.77	$1.45	$0.69	$0.28
Adjusted Weighted Average Diluted Shares Outstanding	6.00M	13.75M	14.47M	15.33M	16.06M	15.96M	16.46M	16.79M	14.70M
Adjusted Basic & Diluted Earnings per Share	($1.12)	($3.28)	($1.07)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.00M	10.54M	14.26M	15.02M	15.12M	15.20M	15.49M	14.79M	14.62M
Normalized Net Operating Profit after Tax (NOPAT)	-3.53	-4.93	-11	15	28	27	23	9.59	3.27
Normalized NOPAT Margin	-3.46%	-2.97%	-4.74%	4.61%	5.70%	4.08%	3.22%	1.41%	0.47%
Pre Tax Income Margin	-5.38%	-4.03%	-6.50%	4.62%	8.11%	5.66%	4.54%	2.42%	0.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-11.50	0.00	0.00	222.09	226.69	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	-8.05	0.00	0.00	220.80	266.47	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-26.66	0.00	0.00	97.10	145.04	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-23.21	0.00	0.00	95.82	184.82	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	172.46%	147.60%

This table displays calculated financial ratios and metrics derived from Lovesac's official financial filings.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	10/29/2023	2/4/2024	5/5/2024	8/4/2024	11/3/2024	2/2/2025	5/4/2025	8/3/2025	11/2/2025	2/1/2026	5/3/2026
DEI Shares Outstanding	45,650,964.00	-	-	-	-	-	14,793,504.00	14,549,118.00	14,610,309.00	14,617,106.00	14,617,106.00
DEI Adjusted Shares Outstanding	45,650,964.00	-	-	-	-	-	14,793,504.00	14,549,118.00	14,610,309.00	14,617,106.00	14,617,106.00
DEI Earnings Per Adjusted Shares Outstanding	-0.05	-	-	-	-	-	-0.73	-0.46	-0.72	2.20	-0.76
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.28%	5.04%	-6.06%	1.33%	-2.68%	-3.60%	4.32%	2.52%	0.17%	2.71%	-0.13%
EBITDA Growth	96.60%	12.02%	-403.80%	-321.07%	-1,460.62%	17.14%	18.98%	-26.14%	-246.54%	-5.13%	-13.78%
EBIT Growth	64.36%	10.71%	-212.93%	-743.00%	-113.99%	17.86%	14.51%	-13.63%	-122.13%	-5.48%	-14.21%
NOPAT Growth	64.36%	15.76%	-212.93%	-743.00%	-113.99%	14.70%	16.25%	-5.40%	-104.64%	-9.16%	-16.18%
Net Income Growth	68.20%	18.07%	-214.95%	-822.99%	-110.59%	14.07%	16.36%	-13.46%	-114.02%	-9.07%	-2.33%
EPS Growth	68.75%	15.06%	-207.41%	-850.00%	-113.33%	16.23%	12.05%	-18.42%	-125.00%	-1.80%	-4.11%
Operating Cash Flow Growth	-31.39%	19.80%	-211.49%	-70.63%	41.63%	-21.83%	-489.92%	96.75%	-15.80%	89.49%	14.55%
Free Cash Flow Firm Growth	104.48%	185.41%	97.49%	-124.59%	90.17%	-33.97%	-3,771.75%	-937.99%	-653.85%	45.13%	126.28%
Invested Capital Growth	-4.21%	-12.77%	-7.74%	-1.56%	-8.77%	1.66%	31.09%	25.58%	22.83%	-11.89%	-14.79%
Revenue Q/Q Growth	-0.32%	62.63%	-47.05%	18.05%	-4.27%	61.10%	-42.70%	16.01%	-6.46%	65.18%	-44.29%
EBITDA Q/Q Growth	-112.57%	17,041.70%	-132.63%	68.19%	11.24%	1,371.62%	-121.12%	55.72%	-137.79%	526.57%	-125.33%
EBIT Q/Q Growth	-263.44%	1,218.98%	-144.22%	53.12%	7.74%	716.31%	-130.31%	40.37%	-78.81%	392.44%	-136.63%
NOPAT Q/Q Growth	-263.44%	1,301.80%	-141.17%	53.12%	7.74%	744.14%	-130.06%	41.00%	-79.12%	385.95%	-138.45%
Net Income Q/Q Growth	-268.66%	1,422.17%	-141.87%	54.78%	15.88%	816.17%	-130.70%	38.65%	-58.66%	404.29%	-134.55%
EPS Q/Q Growth	-275.00%	1,373.33%	-143.46%	54.22%	15.79%	793.75%	-132.88%	38.36%	-60.00%	402.78%	-134.86%
Operating Cash Flow Q/Q Growth	-134.30%	879.92%	-112.45%	188.15%	-168.17%	1,144.44%	-193.99%	129.40%	-140.12%	1,809.10%	-142.38%
Free Cash Flow Firm Q/Q Growth	-74.29%	1,145.05%	-102.71%	-183.87%	298.88%	332.32%	-258.63%	23.90%	-6.12%	213.28%	-71.27%
Invested Capital Q/Q Growth	11.88%	-11.71%	1.92%	-2.22%	3.68%	-1.62%	31.44%	-6.34%	1.42%	-29.43%	27.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.42%	59.73%	54.32%	58.99%	58.46%	60.37%	53.75%	56.44%	56.10%	58.05%	52.08%
EBITDA Margin	-0.17%	17.52%	-10.79%	-2.91%	-2.70%	21.28%	-7.95%	-3.03%	-7.71%	19.91%	-9.05%
Operating Margin	-2.34%	16.12%	-13.46%	-5.35%	-5.15%	19.71%	-10.81%	-5.50%	-10.52%	18.12%	-12.57%
EBIT Margin	-2.34%	16.12%	-13.46%	-5.35%	-5.15%	19.71%	-10.57%	-5.43%	-10.39%	18.39%	-12.09%
Profit (Net Income) Margin	-1.52%	12.36%	-9.77%	-3.74%	-3.29%	14.62%	-7.83%	-4.14%	-7.03%	12.94%	-8.03%
Tax Burden Percent	70.09%	75.18%	75.74%	76.34%	70.21%	73.16%	74.10%	76.24%	67.64%	70.38%	66.39%
Interest Burden Percent	92.55%	101.95%	95.83%	91.71%	90.92%	101.39%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	24.82%	0.00%	0.00%	0.00%	26.84%	0.00%	0.00%	0.00%	29.62%	0.00%
Return on Invested Capital (ROIC)	-7.47%	60.62%	-47.05%	-19.81%	-17.60%	74.61%	-33.79%	-18.11%	-33.87%	71.27%	-37.99%
ROIC Less NNEP Spread (ROIC-NNEP)	-8.36%	59.71%	-46.26%	-19.81%	-18.56%	74.05%	-33.04%	-17.22%	-35.07%	70.76%	-40.54%
Return on Net Nonoperating Assets (RNNOA)	1.01%	-18.99%	13.77%	6.46%	4.83%	-29.15%	8.07%	4.58%	7.76%	-30.19%	8.36%
Return on Equity (ROE)	-6.46%	41.63%	-33.27%	-13.35%	-12.77%	45.47%	-25.73%	-13.53%	-26.11%	41.09%	-29.63%
Cash Return on Invested Capital (CROIC)	16.53%	29.75%	17.73%	7.62%	12.68%	5.65%	-19.13%	-14.77%	-16.33%	15.26%	17.48%
Operating Return on Assets (OROA)	-3.82%	25.35%	-20.73%	-8.11%	-7.59%	26.45%	-15.10%	-7.70%	-14.41%	24.03%	-17.11%
Return on Assets (ROA)	-2.48%	19.43%	-15.05%	-5.68%	-4.85%	19.62%	-11.19%	-5.87%	-9.75%	16.91%	-11.36%
Return on Common Equity (ROCE)	-6.46%	41.63%	-33.27%	-13.35%	-12.77%	45.47%	-25.73%	-13.53%	-26.11%	41.09%	-29.63%
Return on Equity Simple (ROE_SIMPLE)	10.31%	0.00%	7.31%	4.84%	3.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.53	30	-12	-5.86	-5.41	35	-10	-6.18	-11	32	-12
NOPAT Margin	-1.64%	12.12%	-9.42%	-3.74%	-3.61%	14.42%	-7.56%	-3.85%	-7.37%	12.75%	-8.80%
Net Nonoperating Expense Percent (NNEP)	0.89%	0.91%	-0.78%	0.00%	0.96%	0.57%	-0.75%	-0.89%	1.20%	0.51%	2.55%
Return On Investment Capital (ROIC_SIMPLE)	-1.36%	13.96%	-	-	-2.75%	16.10%	-5.20%	-3.13%	-5.84%	14.46%	-5.92%
Cost of Revenue to Revenue	42.58%	40.27%	45.69%	41.01%	41.54%	39.63%	46.25%	43.56%	43.90%	41.95%	47.92%
SG&A Expenses to Revenue	43.91%	30.46%	51.57%	47.05%	47.86%	28.00%	48.50%	44.92%	49.92%	28.14%	49.62%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	59.76%	43.61%	67.78%	64.33%	63.62%	40.66%	64.55%	61.94%	66.62%	39.93%	64.65%
Earnings before Interest and Taxes (EBIT)	-3.61	40	-18	-8.37	-7.72	48	-15	-8.72	-16	46	-17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-0.26	44	-14	-4.55	-4.04	51	-11	-4.87	-12	49	-13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.24	1.64	1.76	1.88	2.30	1.82	1.47	1.28	1.07	0.89	1.12
Price to Tangible Book Value (P/TBV)	1.25	1.65	1.78	1.90	2.32	1.84	1.49	1.30	1.08	0.90	1.14
Price to Revenue (P/Rev)	0.33	0.51	0.52	0.55	0.66	0.58	0.43	0.37	0.29	0.28	0.33
Price to Earnings (P/E)	12.01	14.94	24.12	38.92	62.85	34.14	21.66	19.68	27.89	47.90	60.43
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.33%	6.69%	4.15%	2.57%	1.59%	2.93%	4.62%	5.08%	3.59%	2.09%	1.65%
Enterprise Value to Invested Capital (EV/IC)	1.30	2.07	2.18	2.38	2.90	2.34	1.54	1.34	1.08	0.79	1.17
Enterprise Value to Revenue (EV/Rev)	0.28	0.38	0.42	0.45	0.57	0.46	0.39	0.32	0.26	0.13	0.25
Enterprise Value to EBITDA (EV/EBITDA)	5.03	6.05	9.24	12.48	18.65	9.93	7.95	6.68	7.27	4.23	8.49
Enterprise Value to EBIT (EV/EBIT)	7.33	8.47	16.17	29.28	60.76	18.89	14.22	12.27	19.22	13.93	37.80
Enterprise Value to NOPAT (EV/NOPAT)	10.40	11.95	21.61	39.01	78.96	32.41	22.52	18.92	28.60	28.39	70.87
Enterprise Value to Operating Cash Flow (EV/OCF)	2.86	3.53	4.59	6.40	7.62	7.97	58.36	20.71	18.02	1.88	3.13
Enterprise Value to Free Cash Flow (EV/FCFF)	7.69	6.47	11.79	30.95	21.82	41.84	0.00	0.00	0.00	4.88	6.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.12	-0.32	-0.30	-0.33	-0.26	-0.39	-0.24	-0.27	-0.22	-0.43	-0.21
Leverage Ratio	2.45	2.17	2.28	2.35	2.45	2.34	2.36	2.44	2.58	2.45	2.42
Compound Leverage Factor	2.27	2.21	2.18	2.16	2.23	2.37	2.36	2.44	2.58	2.45	2.42
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.33	2.91	2.40	2.45	2.41	2.60	2.14	2.02	1.78	2.22	1.95
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.74	2.02	1.81	1.69	1.49	1.59	1.60	1.52	1.36	1.61	1.55
Quick Ratio	0.48	0.94	0.75	0.76	0.55	0.65	0.35	0.39	0.30	0.77	0.55
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3.97	49	-1.34	-3.80	7.55	33	-52	-39	-42	47	14
Operating Cash Flow to CapEx	-75.31%	829.79%	-96.13%	101.96%	-177.18%	832.67%	-482.42%	280.75%	-92.08%	1,694.17%	-702.90%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.63	1.57	1.54	1.52	1.47	1.34	1.43	1.42	1.39	1.31	1.42
Accounts Receivable Turnover	48.52	62.06	53.99	60.91	47.35	45.01	67.96	47.84	41.76	48.90	53.24
Inventory Turnover	2.24	2.74	2.90	3.01	2.50	2.54	2.61	2.75	2.43	2.64	2.61
Fixed Asset Turnover	11.95	11.32	10.16	9.90	9.56	9.15	8.46	8.55	8.46	8.48	8.10
Accounts Payable Turnover	7.18	11.21	9.94	9.34	6.71	7.01	10.77	9.05	6.27	6.36	8.89
Days Sales Outstanding (DSO)	7.52	5.88	6.76	5.99	7.71	8.11	5.37	7.63	8.74	7.46	6.86
Days Inventory Outstanding (DIO)	163.20	133.00	125.69	121.08	145.81	143.77	140.06	132.71	150.12	138.51	139.62
Days Payable Outstanding (DPO)	50.83	32.57	36.73	39.08	54.40	52.04	33.88	40.34	58.17	57.38	41.05
Cash Conversion Cycle (CCC)	119.89	106.32	95.72	87.99	99.12	99.84	111.55	100.01	100.69	88.60	105.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	148	130	133	130	135	133	174	163	166	117	149
Invested Capital Turnover	4.56	5.00	4.99	5.29	4.88	5.17	4.47	4.71	4.60	5.59	4.32
Increase / (Decrease) in Invested Capital	-6.50	-19	-11	-2.06	-13	2.16	41	33	31	-16	-26
Enterprise Value (EV)	192	270	290	309	391	311	269	219	179	93	173
Market Capitalization	230	357	362	381	453	394	296	254	203	195	230
Book Value per Share	$12.19	$14.04	$13.26	$13.00	$12.63	$14.02	$13.60	$13.57	$12.96	$14.96	$14.06
Tangible Book Value per Share	$12.08	$13.94	$13.15	$12.90	$12.52	$13.91	$13.48	$13.43	$12.80	$14.79	$13.87
Total Capital	186	217	205	202	196	216	201	197	189	219	206
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-38	-87	-72	-72	-62	-84	-27	-34	-24	-102	-57
Capital Expenditures (CapEx)	9.59	6.79	7.30	6.06	2.38	5.29	8.58	4.33	5.30	4.92	5.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	41	21	13	6.96	7.15	7.75	41	31	25	-12	14
Debt-free Net Working Capital (DFNWC)	78	108	85	79	69	91	68	65	49	90	71
Net Working Capital (NWC)	78	108	85	79	69	91	68	65	49	90	71
Net Nonoperating Expense (NNE)	-0.19	-0.59	0.46	0.00	-0.48	-0.48	0.37	0.47	-0.51	-0.47	-1.07
Net Nonoperating Obligations (NNO)	-38	-87	-72	-72	-62	-84	-27	-34	-24	-102	-57
Total Depreciation and Amortization (D&A)	3.35	3.50	3.54	3.82	3.68	3.80	3.63	3.85	4.02	3.77	4.20
Debt-free, Cash-free Net Working Capital to Revenue	5.91%	3.01%	1.87%	1.00%	1.04%	1.14%	6.04%	4.42%	3.66%	-1.77%	1.95%
Debt-free Net Working Capital to Revenue	11.39%	15.44%	12.33%	11.40%	9.98%	13.44%	9.96%	9.37%	7.09%	12.84%	10.13%
Net Working Capital to Revenue	11.39%	15.44%	12.33%	11.40%	9.98%	13.44%	9.96%	9.37%	7.09%	12.84%	10.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.15)	$2.01	($0.83)	($0.38)	($0.32)	$2.28	($0.73)	($0.45)	($0.72)	$2.18	($0.76)
Adjusted Weighted Average Basic Shares Outstanding	15.52M	15.43M	15.54M	15.59M	15.57M	15.50M	14.79M	14.62M	14.66M	14.68M	14.67M
Adjusted Diluted Earnings per Share	($0.15)	$1.91	($0.83)	($0.38)	($0.32)	$2.22	($0.73)	($0.45)	($0.72)	$2.18	($0.76)
Adjusted Weighted Average Diluted Shares Outstanding	15.52M	16.46M	15.54M	15.59M	15.57M	16.79M	14.79M	14.62M	14.66M	14.70M	14.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.49M	15.49M	15.55M	15.56M	15.43M	14.79M	14.55M	14.61M	14.62M	14.62M	14.64M
Normalized Net Operating Profit after Tax (NOPAT)	-2.53	30	-12	-5.86	-5.41	35	-10	-6.18	-11	32	-12
Normalized NOPAT Margin	-1.64%	12.12%	-9.42%	-3.74%	-3.61%	14.42%	-7.56%	-3.85%	-7.37%	12.75%	-8.80%
Pre Tax Income Margin	-2.17%	16.43%	-12.90%	-4.90%	-4.68%	19.98%	-10.57%	-5.43%	-10.39%	18.39%	-12.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	172.46%	189.59%	201.20%	309.63%	147.60%	62.01%

Financials Breakdown Chart

Key Financial Trends

Lovesac (NASDAQ: LOVE) shows a sharp operational rebound in the latest quarter, but the underlying multi-year picture is still mixed. In Q1 2027, revenue rose to $138.2 million, but the company posted a net loss of $11.1 million and burned $35.4 million in operating cash. That’s a step backward from the strong profitability seen in fiscal Q4 2026, when Lovesac generated $32.1 million in net income and $83.4 million in operating cash flow.

Over the last several years, Lovesac has been cyclical and volatile. Revenue has generally held in a broad range, but profitability has swung dramatically from quarter to quarter. The most recent quarter versus the same period last year shows lower revenue and weaker margins, while inventories remain elevated and operating cash flow has deteriorated. At the same time, the balance sheet still carries a meaningful cash position and no long-term debt, which helps cushion the business.

No long-term debt: Lovesac reported $0 in long-term debt in Q1 2027, which reduces financial risk and gives management flexibility.
Solid cash balance: Cash and equivalents were $57.0 million at the end of Q1 2027, providing liquidity despite a difficult quarter.
Gross profit remains healthy: Q1 2027 gross profit was $72.0 million on $138.2 million of revenue, showing the business can still generate meaningful product margin.
Recent strong quarter in Q4 2026: The company previously posted $32.1 million in net income and $83.4 million in operating cash flow, showing the model can be highly profitable when conditions improve.
Strong cash generation in prior periods: Operating cash flow was positive in several earlier quarters, including $56.3 million in Q4 2024 and $21.1 million in Q2 2024.
Revenue has been fairly stable: Quarterly revenue over the past year has generally stayed around the $138 million to $160 million range, with seasonal spikes in the holiday quarter.
Share count is not exploding: Weighted average diluted shares were 14.7 million in Q1 2027, only modestly different from prior periods, though buybacks have occurred.
Inventory remains large: Inventory was $109.3 million in Q1 2027, still a major working-capital item that can pressure cash if demand softens.
Operating losses have returned: Q1 2027 operating loss was $17.4 million, compared with operating income of $44.9 million in Q4 2026.
Operating cash flow turned sharply negative: Q1 2027 operating cash flow was -$35.4 million, down from +$83.4 million in Q4 2026 and signaling weaker near-term liquidity generation.

Bottom line: Lovesac remains a company with a clean debt profile and enough cash to absorb volatility, but the latest quarter shows a clear slowdown in earnings and cash generation. Investors should watch whether the company can stabilize margins, reduce inventory, and return to consistent operating profitability.

07/07/26 12:36 AM ETAI Generated. May Contain Errors.

Lovesac Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Lovesac's financial year ends in February. Their financial year 2026 ended on February 1, 2026.

Lovesac's net income appears to be on an upward trend, with a most recent value of $4.07 million in 2026, falling from -$5.50 million in 2018. The previous period was $11.56 million in 2025. View Lovesac's forecast to see where analysts expect Lovesac to go next.

Lovesac's total operating income in 2026 was $5.36 million, based on the following breakdown:

Total Gross Profit: $393.22 million
Total Operating Expenses: $387.85 million

Over the last 8 years, Lovesac's total revenue changed from $101.81 million in 2018 to $697.12 million in 2026, a change of 584.7%.

Lovesac's total liabilities were at $315.98 million at the end of 2026, a 0.0% increase from 2025, and a 1,674.9% increase since 2018.

In the past 8 years, Lovesac's cash and equivalents has ranged from $9.18 million in 2018 to $101.85 million in 2026, and is currently $101.85 million as of their latest financial filing in 2026.

Over the last 8 years, Lovesac's book value per share changed from 3.94 in 2018 to 14.96 in 2026, a change of 279.8%.

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Financial statements for NASDAQ:LOVE last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Lovesac (LOVE) Financials

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Lovesac (LOVE) Financials

Annual Income Statements for Lovesac

Quarterly Income Statements for Lovesac

Annual Cash Flow Statements for Lovesac

Quarterly Cash Flow Statements for Lovesac

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Quarterly Balance Sheets for Lovesac

Annual Metrics And Ratios for Lovesac

Quarterly Metrics And Ratios for Lovesac

Financials Breakdown Chart

Key Financial Trends

Lovesac Financials - Frequently Asked Questions

When does Lovesac's fiscal year end?

How has Lovesac's net income changed over the last 8 years?

What is Lovesac's operating income?

How has Lovesac's revenue changed over the last 8 years?

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How has Lovesac's book value per share changed over the last 8 years?

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