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LightInTheBox (LITB) investor relations material
LightInTheBox Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved eighth consecutive profitable quarter with record Q1 net income of $1.2 million, up from $0.1 million year-over-year.
Revenues grew 11% year-over-year to $52 million, reversing prior declines and showing strong momentum.
Branded apparel business surged over 81% year-over-year, now 24% of total revenue, up from 15% last year.
Continued execution of strategy to evolve into a global consumer lifestyle company, leveraging brand matrix and customized products to drive engagement.
Financial highlights
Gross profit increased to $34 million, up 10% year-over-year, with gross margin stable at 65%.
Net income for Q1 was $1.2 million, compared to $0.1 million in the same quarter last year.
Total operating expenses increased 7% year-over-year to $33 million, with fulfillment and marketing costs up, but G&A down 15%.
Adjusted EBITDA reached $1.5 million, up from $0.6 million year-over-year.
Segment performance
Branded apparel segment showed strong momentum, growing over 81% year-over-year and contributing 24% of total revenue, up from 15% a year ago.
- Record profit, margin expansion, and branded apparel growth signal a strong turnaround.LITB
Q4 202524 Mar 2026 - Profitability returned in Q2 2024 with improved margins despite a 63.8% revenue decline.LITB
Q2 20242 Feb 2026 - Profitability and margin improved despite a 63% revenue drop, driven by proprietary brand focus.LITB
Q3 202411 Jan 2026 - Record profit and margin gains in Q3 2025 signal a resilient, growth-focused DTC strategy.LITB
Q3 202512 Nov 2025 - Achieved record profitability and margin gains as DTC and proprietary brands drive stabilization.LITB
Q2 20259 Sep 2025 - Q1 2025 profit and 65.2% gross margin highlight LightInTheBox's brand-led transformation.LITB
Q1 20256 Jun 2025 - 2024 saw LightInTheBox boost margins and profitability by pivoting to proprietary apparel brands.LITB
Q4 20245 Jun 2025
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