Perfect Moment (PMNT) Q4 2026 earnings summary

Executive summary

• Revenue grew 13.4% in Q4 and 9.8% for the full year, driven by wholesale channel strength and operational improvements.

• Gross margin expanded to 83.0% in Q4 and 67.6% for the year, reflecting supply chain efficiencies and disciplined pricing.

• Net loss narrowed significantly to $1.6M in Q4 and $7.1M for the year, with adjusted EBITDA loss also improving.

• Operational foundation and liquidity were strengthened, positioning for profitable growth in fiscal 2027.

Financial highlights

• Q4 revenue: $5.7M (+13.4% YoY); full year: $23.6M (+9.8% YoY).

• Q4 gross margin: 83.0% (vs. 32.0% YoY); full year: 67.6% (vs. 48.5% YoY).

• Q4 net loss: $1.6M (vs. $7.3M YoY); full year net loss: $7.1M (vs. $15.9M YoY).

• Q4 adjusted EBITDA loss: $1.0M (vs. $5.7M YoY); full year adjusted EBITDA loss: $3.5M (vs. $11.3M YoY).

• Operating expenses down 21.9% in Q4 and 12.5% for the year.

Outlook and guidance

• Management expects continued profitable growth in fiscal 2027, leveraging a strong operational and financial foundation.

• Expansion into four-season luxury outerwear and lifestyle markets is a strategic focus.