NASDAQ : LOVE
The Lovesac Company — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 16.33 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 235.53M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
The Lovesac Company (LOVE) reported revenue of 697.65M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 697.65M | 697.12M | 680.63M | 700.26M | 651.18M | 498.24M |
| Cost of Revenue | 307.17M | 303.90M | 282.79M | 299.22M | 307.53M | 225.31M |
| Gross Profit | 390.48M | 393.21M | 397.83M | 401.04M | 343.65M | 272.93M |
| Selling, General & Admin | 373.17M | 372.65M | 369.48M | 358.36M | 295.84M | 224.54M |
| Operating Expenses | 389.31M | 387.85M | 384.19M | 370.97M | 306.69M | 232.40M |
| Operating Income | 1.17M | 5.36M | 13.65M | 30.08M | 36.97M | 40.53M |
| Interest Expense | -117.00K | -179.00K | ||||
| Interest & Investment Income | 2.75M | 1.30M | 2.80M | 1.75M | ||
| Other Non Operating Income (Expenses) | 1.00K | -1.00K | 1.00K | |||
| EBT Excluding Unusual Items | 3.92M | 6.67M | 16.45M | 31.82M | 36.85M | 40.35M |
| Asset Writedown | 1.54M | -554.00K | ||||
| Other Unusual Items | 20.00M | -600.00K | ||||
| Pretax Income | 25.46M | 6.67M | 16.45M | 31.82M | 36.85M | 40.40M |
| Income Tax Expense | 7.57M | 2.60M | 4.89M | 7.96M | 10.36M | -7.09M |
| Net Income | 17.89M | 4.07M | 11.56M | 23.86M | 26.49M | 47.49M |
| Net Income to Common | 17.89M | 4.07M | 11.56M | 23.86M | 26.49M | 47.49M |
| Shares Outstanding (Basic) | 14.66M | 14.68M | 15.50M | 15.43M | 15.20M | 15.11M |
| Shares Outstanding (Diluted) | 14.67M | 14.70M | 16.79M | 16.46M | 15.96M | 16.06M |
| EPS (Basic) | 1.22 | 0.28 | 0.75 | 1.55 | 1.74 | 3.14 |
| EPS (Diluted) | 1.22 | 0.28 | 0.69 | 1.45 | 1.66 | 2.96 |
| Free Cash Flow | 45.29M | 26.19M | 17.95M | 47.70M | -46.62M | 18.03M |
| Free Cash Flow Per Share | 3.09 | 1.78 | 1.07 | 2.90 | -2.92 | 1.12 |
| Gross Margin | 55.97% | 56.41% | 58.45% | 57.27% | 52.77% | 54.78% |
| Operating Margin | 0.17% | 0.77% | 2.00% | 4.29% | 5.68% | 8.13% |
| Profit Margin | 2.56% | 0.58% | 1.70% | 3.41% | 4.07% | 9.53% |
| Free Cash Flow Margin | 6.49% | 3.76% | 2.64% | 6.81% | -7.16% | 3.62% |
| EBITDA | 17.31M | 20.57M | 28.36M | 42.68M | 47.81M | 48.39M |
| EBITDA Margin | 2.48% | 2.95% | 4.17% | 6.09% | 7.34% | 9.71% |
| D&A For EBITDA | 16.15M | 15.21M | 14.71M | 12.60M | 10.84M | 7.86M |
| EBIT | 1.17M | 5.36M | 13.65M | 30.08M | 36.97M | 40.53M |
| EBIT Margin | 0.17% | 0.77% | 2.00% | 4.29% | 5.68% | 8.13% |
| Effective Tax Rate | 29.74% | 39.01% | 29.75% | 25.02% | 28.12% | |
| Advertising Expenses | 88.66M | 88.03M | 94.05M | 79.86M | 65.08M |
Balance sheet
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 68.80M | 101.85M | 83.73M | 87.04M | 43.53M | 92.39M |
| Short-Term Investments | 421.00K | |||||
| Cash & Short-Term Investments | 68.80M | 101.85M | 83.73M | 87.04M | 43.53M | 92.81M |
| Accounts Receivable | 16.68M | 11.73M | 16.78M | 13.46M | 9.10M | 8.55M |
| Other Receivables | 6.41M | |||||
| Receivables | 16.68M | 11.73M | 16.78M | 13.46M | 9.10M | 14.96M |
| Inventory | 130.16M | 106.32M | 124.33M | 98.44M | 119.63M | 108.97M |
| Prepaid Expenses | 15.66M | 10.47M | 14.81M | 11.66M | 10.38M | 1.73M |
| Other Current Assets | 7.51M | 6.26M | 6.94M | 3.85M | 5.07M | 6.69M |
| Total Current Assets | 238.81M | 236.64M | 246.60M | 214.45M | 187.72M | 225.16M |
| Property, Plant & Equipment | 249.93M | 249.72M | 235.74M | 226.66M | 188.31M | 135.03M |
| Goodwill | 144.00K | 144.00K | 144.00K | 144.00K | 144.00K | 144.00K |
| Other Intangible Assets | 2.75M | 2.37M | 1.59M | 1.46M | 1.41M | 1.41M |
| Long-Term Deferred Tax Assets | 14.71M | 13.39M | 15.28M | 10.80M | 8.68M | 9.84M |
| Other Long-Term Assets | 32.62M | 32.42M | 32.91M | 28.66M | 22.36M | |
| Total Assets | 538.96M | 534.68M | 532.25M | 482.18M | 408.63M | 371.58M |
| Accounts Payable | 60.21M | 43.74M | 51.81M | 28.82M | 24.58M | 33.25M |
| Accrued Expenses | 57.87M | 54.73M | 48.69M | 37.01M | 31.74M | 52.11M |
| Current Portion of Leases | 24.65M | 24.11M | 22.66M | 17.63M | 13.07M | 16.38M |
| Current Income Taxes Payable | 492.00K | 8.26M | 7.67M | 687.00K | 1.01M | |
| Current Unearned Revenue | 12.53M | 11.54M | 11.25M | 8.26M | 6.76M | 13.32M |
| Other Current Liabilities | 6.90M | 12.50M | 12.43M | 6.96M | 5.20M | 2.71M |
| Total Current Liabilities | 162.17M | 147.11M | 155.11M | 106.36M | 82.04M | 118.78M |
| Long-Term Leases | 166.38M | 168.40M | 160.36M | 157.88M | 133.49M | 96.57M |
| Other Long-Term Liabilities | 464.00K | 464.00K | 424.00K | 452.00K | ||
| Total Liabilities | 329.01M | 315.98M | 315.89M | 264.68M | 215.53M | 215.35M |
| Additional Paid-In Capital | 197.03M | 194.84M | 190.51M | 183.09M | 182.55M | 173.76M |
| Retained Earnings | 12.93M | 23.86M | 25.84M | 34.40M | 10.54M | -17.54M |
| Total Common Equity | 209.95M | 218.71M | 216.35M | 217.50M | 193.09M | 156.23M |
| Shareholders' Equity | 209.95M | 218.71M | 216.35M | 217.50M | 193.09M | 156.23M |
| Total Liabilities & Equity | 538.96M | 534.68M | 532.25M | 482.18M | 408.63M | 371.58M |
| Total Debt | 191.02M | 192.51M | 183.02M | 175.50M | 146.57M | 112.96M |
| Net Cash (Debt) | -122.22M | -90.66M | -99.29M | -88.47M | -103.03M | -20.14M |
| Net Cash Per Share | -8.33 | -6.17 | -5.91 | -5.37 | -6.46 | -1.25 |
| Filing Date Shares Outstanding | 14.42M | 14.62M | 14.79M | 15.49M | 15.20M | 15.12M |
| Total Common Shares Outstanding | 14.42M | 14.62M | 14.79M | 15.49M | 15.20M | 15.12M |
| Working Capital | 76.65M | 89.53M | 91.49M | 108.09M | 105.67M | 106.38M |
| Book Value Per Share | 14.56 | 14.96 | 14.63 | 14.04 | 12.71 | 10.33 |
| Tangible Book Value | 207.06M | 216.19M | 214.62M | 215.90M | 191.54M | 154.67M |
| Tangible Book Value Per Share | 14.36 | 14.79 | 14.51 | 13.94 | 12.60 | 10.23 |
| Machinery | 25.11M | 23.18M | 19.62M | 14.33M | 9.90M | |
| Construction In Progress | 1.91M | 6.44M | 7.83M | 6.33M | 2.77M | |
| Leasehold Improvements | 115.91M | 97.87M | 80.50M | 60.96M | 40.79M |
Cash flow statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 17.89M | 4.07M | 11.56M | 23.86M | 26.49M | 47.49M |
| Depreciation & Amortization | 16.15M | 15.21M | 14.71M | 12.60M | 10.84M | 7.86M |
| Other Amortization | 66.00K | 73.00K | 127.00K | 159.00K | 164.00K | 91.00K |
| Loss (Gain) From Sale of Assets | 488.00K | 466.00K | 140.00K | 235.00K | 45.00K | 464.00K |
| Asset Writedown & Restructuring Costs | 1.54M | 554.00K | ||||
| Stock-Based Compensation | 4.11M | 5.51M | 7.95M | 4.22M | 10.45M | 5.86M |
| Other Operating Activities | 34.23M | 28.86M | 20.70M | 20.37M | 20.31M | 4.60M |
| Change in Accounts Receivable | -2.61M | 5.05M | -3.32M | -4.36M | -555.00K | -4.03M |
| Change in Inventory | -6.18M | 18.02M | -25.89M | 21.19M | -11.13M | -56.82M |
| Change in Accounts Payable | 25.45M | -8.89M | 22.39M | 2.67M | -12.77M | 38.19M |
| Change in Unearned Revenue | -1.02M | 294.00K | 2.99M | 1.50M | -6.56M | 7.32M |
| Change in Other Net Operating Assets | -21.45M | -20.86M | -12.37M | -6.00M | -58.65M | -18.92M |
| Operating Cash Flow | 67.11M | 49.33M | 38.98M | 76.44M | -21.38M | 32.65M |
| Capital Expenditures | -21.82M | -23.14M | -21.03M | -28.74M | -25.24M | -14.62M |
| Sale (Purchase) of Intangibles | -1.21M | -885.00K | -491.00K | -475.00K | -307.00K | -503.00K |
| Investing Cash Flow | -23.03M | -24.02M | -21.52M | -29.21M | -25.55M | -15.12M |
| Short-Term Debt Issued | 255.00K | |||||
| Total Debt Issued | 255.00K | |||||
| Short-Term Debt Repaid | -255.00K | |||||
| Total Debt Repaid | -255.00K | |||||
| Issuance of Common Stock | 104.00K | |||||
| Repurchase of Common Stock | -9.47M | -7.18M | -20.46M | -3.67M | -1.66M | -3.58M |
| Other Financing Activities | -12.00K | -303.00K | -52.00K | -277.00K | ||
| Financing Cash Flow | -9.47M | -7.19M | -20.76M | -3.73M | -1.94M | -3.48M |
| Net Cash Flow | 34.61M | 18.12M | -3.30M | 43.50M | -48.86M | 14.05M |
| Free Cash Flow | 45.29M | 26.19M | 17.95M | 47.70M | -46.62M | 18.03M |
| Free Cash Flow Margin | 6.49% | 3.76% | 2.64% | 6.81% | -7.16% | 3.62% |
| Free Cash Flow Per Share | 3.09 | 1.78 | 1.07 | 2.90 | -2.92 | 1.12 |
| Levered Free Cash Flow | 18.82M | 18.75M | 18.06M | 43.10M | -26.33M | 1.70M |
| Unlevered Free Cash Flow | 18.75M | 18.68M | 17.94M | 42.94M | -26.42M | 1.72M |
| Cash Interest Paid | 89.00K | 122.00K | 112.00K | 146.00K | 192.00K | 95.00K |
| Cash Income Tax Paid | 1.77M | 9.97M | 8.45M | 1.81M | 10.67M | 1.12M |
| Change in Working Capital | -5.81M | -6.39M | -16.20M | 14.99M | -89.67M | -34.27M |
Ratios
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 235.53M | 194.68M | 394.46M | 356.56M | 394.55M | 764.32M |
| Enterprise Value | 357.75M | 362.48M | 515.64M | 480.64M | 541.72M | 822.84M |
| Last Close Price | 16.33 | 13.32 | 25.56 | 23.02 | 25.97 | 50.54 |
| PE Ratio | 13.38 | 47.89 | 34.13 | 14.94 | 14.89 | 16.09 |
| Forward PE | 257.98 | 71.88 | 42.96 | 17.21 | 10.39 | 43.34 |
| PS Ratio | 0.34 | 0.28 | 0.58 | 0.51 | 0.61 | 1.53 |
| PB Ratio | 1.12 | 0.89 | 1.82 | 1.64 | 2.04 | 4.89 |
| P/TBV Ratio | 1.14 | 0.90 | 1.84 | 1.65 | 2.06 | 4.94 |
| P/FCF Ratio | 5.20 | 7.43 | 21.97 | 7.47 | 42.38 | |
| P/OCF Ratio | 3.51 | 3.95 | 10.12 | 4.66 | 23.41 | |
| PEG Ratio | 7.37 | 2.17 | 1.71 | 0.53 | 0.30 | 1.33 |
| EV/Sales Ratio | 0.51 | 0.52 | 0.76 | 0.69 | 0.83 | 1.65 |
| EV/EBITDA Ratio | 20.66 | 17.62 | 18.18 | 11.26 | 11.33 | 17.00 |
| EV/EBIT Ratio | 306.56 | 67.59 | 37.78 | 15.98 | 14.65 | 20.30 |
| EV/FCF Ratio | 7.90 | 13.84 | 28.73 | 10.07 | 45.63 | |
| Debt / Equity Ratio | 0.91 | 0.88 | 0.85 | 0.81 | 0.76 | 0.72 |
| Debt / EBITDA Ratio | 3.09 | 3.00 | 2.60 | 2.03 | 1.65 | 1.45 |
| Debt / FCF Ratio | 4.22 | 7.35 | 10.20 | 3.68 | 6.26 | |
| Net Debt / Equity Ratio | 0.58 | 0.41 | 0.46 | 0.41 | 0.53 | 0.13 |
| Net Debt / EBITDA Ratio | 7.06 | 4.41 | 3.50 | 2.07 | 2.15 | 0.42 |
| Net Debt / FCF Ratio | 2.70 | 3.46 | 5.53 | 1.85 | -2.21 | 1.12 |
| Asset Turnover | 1.35 | 1.31 | 1.34 | 1.57 | 1.67 | 1.84 |
| Inventory Turnover | 2.42 | 2.63 | 2.54 | 2.74 | 2.69 | 2.83 |
| Quick Ratio | 0.53 | 0.77 | 0.65 | 0.94 | 0.64 | 0.91 |
| Current Ratio | 1.47 | 1.61 | 1.59 | 2.02 | 2.29 | 1.90 |
| Return on Equity (ROE) | 8.78% | 1.87% | 5.33% | 11.62% | 15.17% | 35.95% |
| Return on Assets (ROA) | 0.14% | 0.63% | 1.68% | 4.22% | 5.92% | 9.34% |
| Return on Invested Capital (ROIC) | 0.24% | 1.05% | 3.08% | 7.49% | 11.25% | 39.55% |
| Return on Capital Employed (ROCE) | 0.30% | 1.40% | 3.60% | 8.00% | 11.30% | 16.00% |
| Earnings Yield | 7.47% | 2.09% | 2.93% | 6.69% | 6.71% | 6.21% |
| FCF Yield | 19.23% | 13.45% | 4.55% | 13.38% | -11.82% | 2.36% |
| Buyback Yield / Dilution | 10.34% | 12.48% | -2.01% | -3.16% | 0.64% | -4.73% |