Lulu's Fashion Lounge Holdings, Inc. (LVLU) Income Statement
LVLU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLVLU revenue and net income
Where LVLU's revenue goes
2025Each bar shows an amount and its share of revenue. LVLU kept −4.7% of revenue as net income.
LVLU profit margins
LVLU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.6% | −13.7% | +2.6% | — |
| Gross profit | −6.3% | −13.9% | +2.0% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LVLU quarterly EPS vs estimates
Lulu's Fashion Lounge beat the analyst EPS estimate in 0 of the last 7 quarters. Next report: November 11, 2026 (estimate $-0.60).
LVLU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $282.3M | $315.9M | $355.2M | $439.7M | $375.6M | $248.7M | $369.6M | $297.1M | $232.5M |
| Cost of revenue | $160.2M | $185.6M | $206.9M | $248.2M | $198.9M | $138.4M | $208.4M | $164.8M | $122.2M |
| Gross profit | $122.1M | $130.2M | $148.2M | $191.4M | $176.7M | $110.3M | $161.2M | $132.3M | $110.2M |
| Sales, general & admin | $134.7M | $154.3M | $168.4M | $182.7M | $154.4M | $115.0M | $146.3M | $111.8M | $75.6M |
| Total operating expenses | $134.7M | $182.6M | $168.4M | $182.7M | $154.4M | $115.0M | $146.3M | $113.3M | $77.5M |
| Operating income | −$12.6M | −$52.4M | −$20.2M | $8.7M | $22.3M | −$4.7M | $14.9M | $18.6M | $33.9M |
| Interest expense | $2.5M | $1.3M | $1.7M | $1.1M | $12.8M | $16.0M | $15.2M | $0 | $0 |
| Income before taxes | −$13.5M | −$53.0M | −$21.0M | $7.8M | $8.3M | −$20.6M | −$24,000 | $5.3M | $23.4M |
| Income taxes | −$188,000 | $2.3M | −$1.7M | $4.0M | $6.2M | −$1.3M | $445,000 | $4.2M | $8.5M |
| Net income | −$13.3M | −$55.3M | −$19.3M | $3.7M | $2.0M | −$19.3M | −$469,000 | $1.0M | $14.9M |
| EBITDA | −$5.9M | −$46.2M | −$14.5M | $13.0M | $23.9M | −$1.3M | $18.0M | $21.2M | $35.5M |
| EPS (diluted) | −$4.72 | −$9.40 | −$4.83 | $3.16 | $1.98 | −$7.37 | −$0.18 | $0.81 | — |
| Gross margin | 43.2% | 41.2% | 41.7% | 43.5% | 47.1% | 44.4% | 43.6% | 44.5% | 47.4% |
| Operating margin | −4.5% | −16.6% | −5.7% | 2.0% | 5.9% | −1.9% | 4.0% | 6.3% | 14.6% |
| Net margin | −4.7% | −17.5% | −5.4% | 0.8% | 0.5% | −7.8% | −0.1% | 0.3% | 6.4% |
| 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 | $67.8M | $57.5M | $63.0M | $73.6M | $81.5M | $64.2M | $66.1M | $80.5M | $92.0M | $77.3M | $75.0M | $83.1M |
| Cost of revenue | $34.9M | $31.6M | $35.1M | $42.2M | $44.6M | $38.3M | $41.1M | $49.9M | $50.1M | $44.6M | $45.6M | $49.6M |
| Gross profit | $33.0M | $25.9M | $27.9M | $31.4M | $36.9M | $25.8M | $25.1M | $30.6M | $41.9M | $32.6M | $29.3M | $33.5M |
| Sales, general & admin | $34.2M | $29.5M | $27.9M | $33.3M | $39.6M | $34.0M | $31.6M | $37.5M | $46.4M | $38.8M | $37.1M | $38.4M |
| Total operating expenses | $34.2M | $29.5M | $27.9M | $33.3M | $39.6M | $34.0M | $60.0M | $37.5M | $46.4M | $38.8M | $37.1M | $38.4M |
| Operating income | −$1.2M | −$3.5M | $39,000 | −$1.9M | −$2.6M | −$8.1M | −$34.9M | −$6.8M | −$4.5M | −$6.2M | −$7.8M | −$4.9M |
| Interest expense | $302,000 | $394,000 | $487,000 | $544,000 | $856,000 | $577,000 | $313,000 | $305,000 | $270,000 | $383,000 | $337,000 | $442,000 |
| Income before taxes | −$1.5M | −$3.9M | −$256,000 | −$2.3M | −$2.9M | −$8.1M | −$35.3M | −$6.9M | −$4.5M | −$6.3M | −$7.9M | −$5.0M |
| Income taxes | −$9,000 | $193,000 | −$123,000 | −$53,000 | $62,000 | −$74,000 | −$3.4M | $11,000 | $6.3M | −$579,000 | −$684,000 | −$1.2M |
| Net income | −$1.5M | −$4.1M | −$133,000 | −$2.2M | −$3.0M | −$8.0M | −$31.9M | −$6.9M | −$10.8M | −$5.7M | −$7.2M | −$3.9M |
| EBITDA | −$178,000 | −$2.4M | $1.5M | −$459,000 | −$800,000 | −$6.1M | −$33.6M | −$5.2M | −$2.8M | −$4.6M | −$6.3M | −$2.4M |
| EPS (diluted) | −$0.52 | −$1.44 | — | −$0.84 | −$1.08 | −$2.85 | −$0.76 | −$2.63 | −$3.76 | −$2.25 | −$0.18 | −$1.50 |
| Gross margin | 48.6% | 45.1% | 44.3% | 42.6% | 45.3% | 40.3% | 37.9% | 38.1% | 45.5% | 42.3% | 39.1% | 40.3% |
| Operating margin | −1.8% | −6.2% | 0.1% | −2.6% | −3.2% | −12.7% | −52.8% | −8.5% | −4.9% | −8.0% | −10.4% | −5.9% |
| Net margin | −2.2% | −7.1% | −0.2% | −3.0% | −3.7% | −12.5% | −48.2% | −8.5% | −11.7% | −7.4% | −9.6% | −4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LVLU's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LVLU financial results
In fiscal year 2025 (ended December 31, 2025), Lulu's Fashion Lounge reported revenue of $282.3 million, down 10.6% from the year before. It had a net loss of $13.3 million, a net profit margin of −4.7%. Diluted earnings per share came to −$4.72. Over five years revenue grew at an average rate of 2.6% a year.
See the LVLU stock overview for the latest quote and news, or the LVLU chart for price history and technical indicators.
LVLU income statement FAQ
What is Lulu's Fashion Lounge's annual revenue?
Lulu's Fashion Lounge reported total revenue of $282.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 10.6% from $315.9 million the previous year.
Is Lulu's Fashion Lounge profitable?
No. Lulu's Fashion Lounge reported a net loss of $13.3 million in fiscal 2025, a net profit margin of −4.7%; its operating margin was −4.5%.
What is Lulu's Fashion Lounge's gross margin?
Lulu's Fashion Lounge's gross margin was 43.2% in fiscal 2025: for every $100 of revenue, Lulu's Fashion Lounge kept $43 after the direct cost of its products and services.
How fast is Lulu's Fashion Lounge growing?
Revenue grew 2.6% a year on average over the last five fiscal years, from $248.7 million to $282.3 million.
What are Lulu's Fashion Lounge's earnings per share?
Lulu's Fashion Lounge earned $-4.72 per diluted share in fiscal 2025, compared with $-9.40 a year earlier.
When will Lulu's Fashion Lounge report its next earnings?
Lulu's Fashion Lounge is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Lulu's Fashion Lounge's fiscal year end?
Lulu's Fashion Lounge's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.