LightInTheBox Holding Co., Ltd. (LITB) Income Statement
LITB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLITB revenue and net income
Where LITB's revenue goes
2025Each bar shows an amount and its share of revenue. LITB kept 3.7% of revenue as net income.
LITB profit margins
LITB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.9% | −23.6% | −10.8% | −3.6% |
| Gross profit | −4.7% | −19.0% | −3.7% | +2.3% |
| Operating income | — | — | +13.4% | — |
| Net income | — | — | −9.0% | — |
| EPS (diluted) | +4,400.0% | — | +114.1% | +8.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LITB quarterly EPS vs estimates
Next report: November 11, 2026.
LITB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $224.9M | $255.3M | $629.4M | $503.6M | $446.1M | $398.2M | $243.6M | $227.5M | $319.9M | $292.5M |
| Cost of revenue | $78.6M | $101.8M | $269.5M | $228.5M | $239.4M | $222.0M | $146.0M | $166.3M | $214.3M | $188.9M |
| Gross profit | $146.3M | $153.5M | $359.9M | $275.1M | $206.7M | $176.2M | $97.6M | $61.2M | $105.6M | $103.5M |
| Research & development | $10.3M | $15.5M | $19.1M | $19.4M | $20.3M | $15.2M | $17.9M | $5.7M | $5.2M | $6.7M |
| Sales, general & admin | $122.1M | $137.7M | $336.8M | $66.9M | $193.9M | $61.1M | $88.9M | $48.2M | $46.9M | $51.5M |
| Total operating expenses | $139.0M | $155.7M | $370.3M | $289.3M | $222.8M | $172.3M | $113.6M | $98.7M | $115.8M | $112.6M |
| Operating income | $7.2M | −$2.2M | −$10.4M | −$14.2M | −$16.1M | $3.9M | −$16.1M | −$37.5M | −$10.2M | −$9.1M |
| Interest income | $7,000 | $90,000 | $254,000 | $57,000 | $59,000 | $103,000 | $297,000 | $487,000 | $581,000 | $518,000 |
| Interest expense | $17,044 | $0 | $4,000 | $5,000 | $13,000 | $92,000 | $66,000 | $5,000 | $581,000 | $518,000 |
| Income before taxes | $8.2M | −$2.5M | −$9.6M | −$69.3M | $23.3M | $16.8M | $947,000 | −$59.8M | −$9.7M | −$8.7M |
| Income taxes | −$61,161 | −$39,000 | $40,000 | −$12.7M | $9.8M | $3.4M | −$113,000 | $33,000 | −$81,000 | $54,000 |
| Net income | $8.3M | −$2.5M | −$9.6M | −$56.6M | $13.1M | $13.3M | $999,000 | −$59.6M | −$9.5M | −$8.7M |
| EBITDA | $9.9M | −$330,000 | −$6.4M | −$65.9M | $26.6M | $19.3M | $1.6M | −$58.9M | −$8.9M | −$7.3M |
| EPS (diluted) | $0.45 | $0.01 | −$0.08 | −$0.47 | $0.04 | $0.01 | −$0.12 | −$0.58 | −$0.17 | −$0.12 |
| Gross margin | 65.0% | 60.1% | 57.2% | 54.6% | 46.3% | 44.2% | 40.1% | 26.9% | 33.0% | 35.4% |
| Operating margin | 3.2% | −0.9% | −1.7% | −2.8% | −3.6% | 1.0% | −6.6% | −16.5% | −3.2% | −3.1% |
| Net margin | 3.7% | −1.0% | −1.5% | −11.2% | 2.9% | 3.3% | 0.4% | −26.2% | −3.0% | −3.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $56.8M | $52.1M | $63.2M | $55.5M | $58.9M | $47.0M | $57.8M | $57.0M | $69.4M | $71.2M | $135.6M | $154.3M |
| Cost of revenue | $19.2M | $18.2M | $23.7M | $18.4M | $20.1M | $16.4M | $23.8M | $22.2M | $26.1M | $29.7M | $60.2M | $62.5M |
| Gross profit | $37.6M | $33.9M | $39.5M | $37.1M | $38.8M | $30.6M | $33.9M | $34.8M | $43.3M | $41.4M | $75.4M | $91.9M |
| Research & development | $2.3M | $2.3M | $2.5M | $7.8M | $5.1M | $2.7M | — | $3.0M | $4.6M | $4.6M | $3.6M | $5.2M |
| Sales, general & admin | $31.4M | $28.8M | $31.9M | $4.5M | $4.9M | $26.9M | $29.3M | $30.4M | $37.9M | $40.0M | $72.5M | $83.8M |
| Total operating expenses | $35.5M | $33.0M | $36.3M | $34.5M | $36.9M | $30.5M | $57.1M | $34.3M | $42.7M | $45.5M | $80.2M | $91.8M |
| Operating income | $2.1M | $926,755 | $3.2M | $2.6M | $1.9M | $123,000 | $625,000 | $549,000 | $619,000 | −$4.0M | −$4.9M | $16,000 |
| Interest income | $0 | $0 | $1,000 | $1,000 | $3,000 | $2,000 | $3,000 | $3,000 | $14,000 | $70,000 | $116,000 | $61,000 |
| Interest expense | $5,000 | $4,011 | $4,017 | $4,000 | $5,000 | $4,000 | $0 | $0 | $0 | $0 | $1,000 | $1,000 |
| Income before taxes | $1.6M | $1.1M | $3.4M | $2.8M | $1.9M | $114,000 | $408,000 | $270,000 | $624,000 | −$3.8M | −$4.3M | $89,000 |
| Income taxes | $2,000 | −$20,059 | $46,200 | — | −$107,000 | −$44,000 | — | $4,000 | $1,000 | $582,724 | −$8,000 | −$60,000 |
| Net income | $1.6M | $1.2M | $3.3M | $2.8M | $2.0M | $114,000 | $452,000 | $266,000 | $623,000 | −$3.8M | −$4.3M | $89,000 |
| EBITDA | $1.6M | $1.5M | $3.5M | $2.8M | $2.3M | $558,626 | — | $815,441 | $1.1M | −$3.8M | −$3.5M | $856,069 |
| EPS (diluted) | $0.09 | $0.06 | $0.18 | $0.16 | $0.11 | $0.01 | $0.02 | $0.01 | $0.01 | −$0.03 | −$0.04 | $0.00 |
| Gross margin | 66.1% | 65.0% | 62.5% | 66.9% | 65.9% | 65.2% | 58.7% | 61.1% | 62.4% | 58.2% | 55.6% | 59.5% |
| Operating margin | 3.6% | 1.8% | 5.0% | 4.7% | 3.2% | 0.3% | 1.1% | 1.0% | 0.9% | −5.6% | −3.6% | 0.0% |
| Net margin | 2.8% | 2.2% | 5.3% | 5.1% | 3.4% | 0.2% | 0.8% | 0.5% | 0.9% | −5.4% | −3.1% | 0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LITB's financial statements (latest annual report filed April 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LITB financial results
In fiscal year 2025 (ended December 31, 2025), LightInTheBox reported revenue of $224.9 million, down 11.9% from the year before. It had net income of $8.3 million, a net profit margin of 3.7%. Diluted earnings per share came to $0.45. Over five years revenue grew at an average rate of −10.8% a year.
See the LITB stock overview for the latest quote and news, or the LITB chart for price history and technical indicators.
LITB income statement FAQ
What is LightInTheBox's annual revenue?
LightInTheBox reported total revenue of $224.9 million for fiscal year 2025, which ended on December 31, 2025. That was down 11.9% from $255.3 million the previous year.
Is LightInTheBox profitable?
Yes. LightInTheBox reported net income of $8.3 million in fiscal 2025, a net profit margin of 3.7%; its operating margin was 3.2%.
What is LightInTheBox's gross margin?
LightInTheBox's gross margin was 65.0% in fiscal 2025: for every $100 of revenue, LightInTheBox kept $65 after the direct cost of its products and services.
How much does LightInTheBox spend on research and development?
LightInTheBox spent $10.3 million on research and development in fiscal 2025, 4.6% of revenue.
How fast is LightInTheBox growing?
Revenue grew −10.8% a year on average over the last five fiscal years, from $398.2 million to $224.9 million.
What are LightInTheBox's earnings per share?
LightInTheBox earned $0.45 per diluted share in fiscal 2025, compared with $0.01 a year earlier.
When will LightInTheBox report its next earnings?
LightInTheBox is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does LightInTheBox's fiscal year end?
LightInTheBox's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 2, 2026.