The Lovesac Company Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 2, 2025	Feb '25 Feb 2, 2025	Feb '24 Feb 4, 2024	Jan '23 Jan 29, 2023	Jan '22 Jan 30, 2022	Jan '21 Jan 31, 2021
Revenue	690.56	680.63	700.27	651.18	498.24	320.74
Revenue Growth (YoY)	0.13%	-2.80%	7.54%	30.70%	55.34%	37.43%
Cost of Revenue	295.56	282.79	299.22	307.53	225.31	145.97
Gross Profit	395	397.84	401.04	343.65	272.93	174.77
Selling, General & Admin	370.2	369.48	358.36	295.84	224.54	153.03
Operating Expenses	385.44	384.19	370.97	306.69	232.4	159.65
Operating Income	9.56	13.65	30.08	36.97	40.53	15.13
Interest Expense	-	-	-	-0.12	-0.18	-0.07
Interest & Investment Income	1.29	2.8	1.75	-	-	-
Other Non Operating Income (Expenses)	-0	-	-	-	-	-
EBT Excluding Unusual Items	10.85	16.45	31.82	36.85	40.35	15.06
Asset Writedown	-1.54	-	-	-	-0.55	-0.25
Other Unusual Items	-	-	-	-	-0.6	-
Pretax Income	9.31	16.45	31.82	36.85	40.4	14.81
Income Tax Expense	2.04	4.89	7.96	10.36	-7.09	0.09
Net Income	7.27	11.56	23.86	26.49	47.49	14.73
Net Income to Common	7.27	11.56	23.86	26.49	47.49	14.73
Net Income Growth	0.90%	-51.57%	-9.92%	-44.22%	222.45%	-
Shares Outstanding (Basic)	15	16	15	15	15	15
Shares Outstanding (Diluted)	16	17	16	16	16	15
Shares Change (YoY)	-2.75%	2.01%	3.16%	-0.64%	4.73%	7.52%
EPS (Basic)	0.49	0.75	1.55	1.74	3.14	1.01
EPS (Diluted)	0.46	0.69	1.45	1.66	2.96	0.96
EPS Growth	5.90%	-52.41%	-12.65%	-43.92%	208.33%	-
Free Cash Flow	-13.57	17.95	47.71	-46.62	18.03	32.15
Free Cash Flow Per Share	-0.84	1.07	2.90	-2.92	1.12	2.10
Gross Margin	57.20%	58.45%	57.27%	52.77%	54.78%	54.49%
Operating Margin	1.38%	2.00%	4.29%	5.68%	8.13%	4.72%
Profit Margin	1.05%	1.70%	3.41%	4.07%	9.53%	4.59%
Free Cash Flow Margin	-1.97%	2.64%	6.81%	-7.16%	3.62%	10.02%
EBITDA	24.8	28.36	42.68	47.81	48.39	21.74
EBITDA Margin	3.59%	4.17%	6.09%	7.34%	9.71%	6.78%
D&A For EBITDA	15.24	14.71	12.6	10.84	7.86	6.61
EBIT	9.56	13.65	30.08	36.97	40.53	15.13
EBIT Margin	1.38%	2.00%	4.29%	5.68%	8.13%	4.72%
Effective Tax Rate	21.95%	29.75%	25.02%	28.12%	-	0.58%
Advertising Expenses	-	88.03	94.05	79.86	65.08	41.93

Updated Dec 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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