What is Destination Xl's earnings per share (EPS)?

Destination Xl (DXLG) reported diluted earnings per share of $-0.66 for fiscal year 2026. This represents a -1420.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Destination Xl Financials

DXLG

Source SEC Filings (10-K/10-Q) Updated Jan 31, 2026 Currency USD FYE January

This page shows Destination Xl (DXLG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 23/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Destination Xl's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Destination Xl has an operating margin of -4.2%, meaning the company retains $-4 of operating profit per $100 of revenue. This below-average margin results in a low score of 22/100, suggesting thin profitability after operating expenses. This is down from 0.8% the prior year.

Growth

Destination Xl's revenue declined 6.9% year-over-year, from $467.0M to $435.0M. This contraction results in a growth score of 19/100.

Leverage

Destination Xl has a moderate D/E ratio of 2.39. This balance of debt and equity financing earns a leverage score of 53/100.

Liquidity

Destination Xl's current ratio of 1.30 is below the typical benchmark, resulting in a score of 21/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Destination Xl generated $2.1M in operating cash flow, capex of $20.1M consumed most of it, leaving -$18.0M in free cash flow. This results in a low score of 23/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Destination Xl generates a -33.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 2.2% the prior year.

Piotroski F-Score Weak

2/9

Destination Xl passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Mixed

-0.06x

For every $1 of reported earnings, Destination Xl generates $-0.06 in operating cash flow ($2.1M OCF vs -$35.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-22.4x

Destination Xl earns $-22.4 in operating income for every $1 of interest expense (-$18.2M vs $810K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$435.0M

YoY-6.9%

5Y CAGR+6.4%

10Y CAGR-0.2%

Destination Xl generated $435.0M in revenue in fiscal year 2026. This represents a decrease of 6.9% from the prior year.

EBITDA

-$2.8M

YoY-116.1%

Destination Xl's EBITDA was -$2.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 116.1% from the prior year.

Net Income

-$35.9M

YoY-1275.4%

Destination Xl reported -$35.9M in net income in fiscal year 2026. This represents a decrease of 1275.4% from the prior year.

EPS (Diluted)

$-0.66

YoY-1420.0%

Destination Xl earned $-0.66 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 1420.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$18.0M

YoY-1067.8%

Destination Xl generated -$18.0M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 1067.8% from the prior year.

Cash & Debt

$23.8M

YoY+194.6%

5Y CAGR+32.4%

10Y CAGR+15.1%

Destination Xl held $23.8M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

55M

YoY+2.4%

5Y CAGR-2.8%

10Y CAGR+0.8%

Destination Xl had 55M shares outstanding in fiscal year 2026. This represents an increase of 2.4% from the prior year.

Margins & Returns

Gross Margin

43.4%

YoY-3.1pp

5Y CAGR+10.6pp

10Y CAGR-2.6pp

Destination Xl's gross margin was 43.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 3.1 percentage points from the prior year.

Operating Margin

-4.2%

YoY-5.0pp

5Y CAGR+14.8pp

10Y CAGR-3.0pp

Destination Xl's operating margin was -4.2% in fiscal year 2026, reflecting core business profitability. This is down 5.0 percentage points from the prior year.

Net Margin

-8.3%

YoY-8.9pp

5Y CAGR+12.0pp

10Y CAGR-6.3pp

Destination Xl's net profit margin was -8.3% in fiscal year 2026, showing the share of revenue converted to profit. This is down 8.9 percentage points from the prior year.

Return on Equity

-33.2%

YoY-35.4pp

5Y CAGR+647.3pp

10Y CAGR-23.8pp

Destination Xl's ROE was -33.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 35.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Destination Xl spent $0 on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$20.1M

YoY-27.6%

5Y CAGR+36.4%

10Y CAGR-5.0%

Destination Xl invested $20.1M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 27.6% from the prior year.

DXLG Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$435.0M-6.9%	$467.0M-10.5%	$521.8M-4.4%	$545.8M+8.1%	$505.0M+58.3%	$318.9M
Cost of Revenue	$246.0M-1.5%	$249.8M-7.3%	$269.4M-1.4%	$273.2M+7.1%	$255.2M+19.2%	$214.1M
Gross Profit	$189.0M-13.0%	$217.2M-14.0%	$252.4M-7.4%	$272.6M+9.1%	$249.8M+138.2%	$104.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$187.4M-5.5%	$198.3M+0.9%	$196.5M-1.1%	$198.8M+14.9%	$173.0M+34.0%	$129.1M
Operating Income	-$18.2M-586.6%	$3.7M-91.1%	$41.9M-28.4%	$58.6M-5.5%	$62.0M+202.4%	-$60.5M
Interest Expense	$810K-61.1%	$2.1M-2.5%	$2.1M+951.4%	-$251K+94.2%	-$4.3M-11.1%	-$3.9M
Income Tax	$18.6M+572.2%	$2.8M-73.8%	$10.5M+134.2%	-$30.8M-3457.5%	$917K+765.1%	$106K
Net Income	-$35.9M-1275.4%	$3.1M-89.0%	$27.9M-68.7%	$89.1M+57.1%	$56.7M+187.9%	-$64.5M
EPS (Diluted)	$-0.66-1420.0%	$0.05-88.4%	$0.43-67.7%	$1.33+60.2%	$0.83+165.9%	$-1.26

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$101.9M-11.8%	$115.5M+9.4%	$105.5M-18.3%	$129.2M+20.1%	$107.5M-13.9%	$124.8M+8.1%	$115.5M-21.5%	$147.1M
Cost of Revenue	$58.3M-7.9%	$63.3M+9.3%	$58.0M-15.0%	$68.2M+15.4%	$59.1M-8.6%	$64.6M+8.1%	$59.8M-22.7%	$77.3M
Gross Profit	$43.5M-16.6%	$52.2M+9.7%	$47.6M-22.0%	$61.0M+25.9%	$48.4M-19.5%	$60.2M+8.1%	$55.7M-20.2%	$69.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$45.5M-4.4%	$47.6M+0.3%	$47.4M-4.7%	$49.8M+5.0%	$47.4M-11.7%	$53.7M+12.9%	$47.5M-11.3%	$53.6M
Operating Income	-$5.7M-913.5%	$703K+120.1%	-$3.5M-152.6%	$6.6M+361.7%	-$2.5M-181.3%	$3.1M-36.0%	$4.9M-60.5%	$12.3M
Interest Expense	$141K-29.5%	$200K-29.6%	$284K-59.3%	$697K+26.3%	$552K+0.2%	$551K-3.3%	$570K+14.5%	$498K
Income Tax	-$1.5M-224.8%	$1.2M+191.7%	-$1.3M-143.6%	$2.9M+1707.1%	-$182K-114.1%	$1.3M-22.1%	$1.7M-44.2%	$3.0M
Net Income	-$4.1M-1454.7%	-$265K+86.3%	-$1.9M-143.9%	$4.4M+344.7%	-$1.8M-175.7%	$2.4M-37.2%	$3.8M-54.9%	$8.4M
EPS (Diluted)	$-0.08	$0.00+100.0%	$-0.04	N/A	$-0.03-175.0%	$0.04-33.3%	$0.06	N/A

DXLG Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$366.9M-3.5%	$380.1M+0.9%	$376.6M+8.3%	$347.7M+21.0%	$287.4M-0.8%	$289.7M
Current Assets	$111.0M-11.1%	$124.9M-19.4%	$154.9M-0.2%	$155.2M+36.5%	$113.7M+8.0%	$105.3M
Cash & Equivalents	$23.8M+194.6%	$8.1M-50.5%	$16.3M-45.5%	$29.9M+297.0%	$7.5M+29.0%	$5.8M
Inventory	$73.5M-14.0%	$85.5M-6.3%	$91.2M-9.0%	$100.3M+3.5%	$96.9M+9.6%	$88.4M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$258.9M+8.1%	$239.4M+7.3%	$223.1M+10.4%	$202.0M-7.9%	$219.3M-21.7%	$280.2M
Current Liabilities	$85.5M-0.9%	$86.2M-0.8%	$87.0M-3.4%	$90.0M-4.6%	$94.4M-26.8%	$128.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$16.7M
Total Equity	$108.1M-23.2%	$140.7M-8.4%	$153.6M+5.4%	$145.7M+114.0%	$68.1M+617.6%	$9.5M
Retained Earnings	-$79.8M-74.2%	-$45.8M-6.2%	-$43.1M+36.4%	-$67.8M+55.0%	-$150.5M+29.0%	-$211.9M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$401.5M-1.8%	$408.8M+7.6%	$380.1M-0.2%	$381.0M-0.1%	$381.3M-0.6%	$383.8M+1.9%	$376.6M+5.3%	$357.7M
Current Assets	$120.5M-1.7%	$122.6M-1.8%	$124.9M-5.3%	$131.9M-6.0%	$140.3M-7.5%	$151.7M-2.1%	$154.9M+1.1%	$153.2M
Cash & Equivalents	$14.6M+4.1%	$14.0M+73.4%	$8.1M-32.1%	$11.9M+67.4%	$7.1M-66.9%	$21.5M+31.5%	$16.3M-40.8%	$27.6M
Inventory	$85.0M+7.8%	$78.9M-7.7%	$85.5M+13.2%	$75.5M-15.3%	$89.1M+13.4%	$78.6M-13.8%	$91.2M+12.7%	$81.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$264.3M-1.3%	$267.9M+11.9%	$239.4M-0.2%	$239.7M+1.6%	$235.9M+4.0%	$226.8M+1.7%	$223.1M+6.8%	$208.8M
Current Liabilities	$85.3M+4.5%	$81.6M-5.3%	$86.2M-4.9%	$90.7M+1.3%	$89.6M+7.6%	$83.2M-4.3%	$87.0M-3.3%	$89.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$137.2M-2.6%	$140.9M+0.2%	$140.7M-0.4%	$141.2M-2.9%	$145.5M-7.3%	$157.0M+2.2%	$153.6M+3.1%	$149.0M
Retained Earnings	-$50.2M-8.9%	-$46.1M-0.6%	-$45.8M-4.4%	-$43.8M-3.1%	-$42.5M-4.4%	-$40.7M+5.5%	-$43.1M+8.1%	-$46.9M

DXLG Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$2.1M-93.0%	$29.6M-40.3%	$49.6M-17.3%	$59.9M-20.6%	$75.5M+6251.5%	-$1.2M
Capital Expenditures	$20.1M-27.6%	$27.7M+59.2%	$17.4M+80.6%	$9.6M+82.9%	$5.3M+24.3%	$4.2M
Free Cash Flow	-$18.0M-1067.8%	$1.9M-94.2%	$32.2M-36.0%	$50.3M-28.4%	$70.3M+1384.4%	-$5.5M
Investing Cash Flow	$10.4M+133.3%	-$31.3M+36.2%	-$49.1M-409.7%	-$9.6M-82.9%	-$5.3M-24.3%	-$4.2M
Financing Cash Flow	-$595K+95.7%	-$13.9M+44.1%	-$24.9M-81.5%	-$13.7M+81.4%	-$73.8M-466.4%	$20.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$13.7M-44.1%	$24.5M+92.8%	$12.7M	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	-$1.1M-111.1%	$9.9M+182.4%	-$12.0M-170.2%	$17.1M+587.0%	-$3.5M-120.6%	$17.1M+1619.7%	-$1.1M-106.8%	$16.5M
Capital Expenditures	$4.9M-8.5%	$5.4M-20.5%	$6.7M-19.0%	$8.3M+25.5%	$6.6M-4.2%	$6.9M+18.0%	$5.9M-16.4%	$7.0M
Free Cash Flow	-$6.0M-231.6%	$4.6M+124.3%	-$18.8M-313.1%	$8.8M+186.9%	-$10.1M-199.6%	$10.2M+245.7%	-$7.0M-173.7%	$9.5M
Investing Cash Flow	$2.1M+154.4%	-$3.9M-146.7%	$8.3M+193.8%	-$8.8M-1313.8%	-$623K+94.8%	-$12.0M-20.1%	-$10.0M-199.6%	$10.0M
Financing Cash Flow	-$425K-245.5%	-$123K-161.7%	-$47K+98.7%	-$3.5M+65.5%	-$10.2M-255775.0%	$4K+102.2%	-$183K+98.1%	-$9.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0	$0	$0-100.0%	$3.3M-67.6%	$10.2M	$0-100.0%	$211K-97.8%	$9.7M

DXLG Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	43.4%-3.1pp	46.5%-1.9pp	48.4%-1.6pp	49.9%+0.5pp	49.5%+16.6pp	32.9%
Operating Margin	-4.2%-5.0pp	0.8%-7.2pp	8.0%-2.7pp	10.7%-1.5pp	12.3%+31.2pp	-19.0%
Net Margin	-8.3%-8.9pp	0.7%-4.7pp	5.3%-11.0pp	16.3%+5.1pp	11.2%+31.5pp	-20.2%
Return on Equity	-33.2%-35.4pp	2.2%-16.0pp	18.1%-43.0pp	61.2%-22.2pp	83.3%+763.8pp	-680.5%
Return on Assets	-9.8%-10.6pp	0.8%-6.6pp	7.4%-18.2pp	25.6%+5.9pp	19.7%+42.0pp	-22.3%
Current Ratio	1.30-0.1	1.45-0.3	1.78+0.1	1.72+0.5	1.20+0.4	0.82
Debt-to-Equity	2.39+0.7	1.70+0.2	1.45+0.1	1.39-1.8	3.22+1.5	1.76
FCF Margin	-4.1%-4.5pp	0.4%-5.8pp	6.2%-3.1pp	9.2%-4.7pp	13.9%+15.6pp	-1.7%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	42.7%-2.4pp	45.2%+0.1pp	45.1%-2.1pp	47.2%+2.2pp	45.1%-3.1pp	48.2%0.0pp	48.2%+0.8pp	47.4%
Operating Margin	-5.6%-6.2pp	0.6%+3.9pp	-3.3%-8.4pp	5.1%+7.5pp	-2.4%-4.9pp	2.5%-1.7pp	4.2%-4.2pp	8.4%
Net Margin	-4.0%-3.8pp	-0.2%+1.6pp	-1.8%-5.3pp	3.4%+5.1pp	-1.7%-3.6pp	1.9%-1.4pp	3.3%-2.4pp	5.7%
Return on Equity	-3.0%-2.8pp	-0.2%+1.2pp	-1.4%-4.5pp	3.1%+4.4pp	-1.2%-2.8pp	1.5%-0.9pp	2.5%-3.2pp	5.6%
Return on Assets	-1.0%-1.0pp	-0.1%+0.5pp	-0.5%-1.7pp	1.2%+1.6pp	-0.5%-1.1pp	0.6%-0.4pp	1.0%-1.3pp	2.4%
Current Ratio	1.41-0.1	1.50+0.1	1.450.0	1.45-0.1	1.57-0.3	1.82+0.0	1.78+0.1	1.71
Debt-to-Equity	1.93+0.0	1.90+0.2	1.700.0	1.70+0.1	1.62+0.2	1.450.0	1.45+0.1	1.40
FCF Margin	-5.9%-9.8pp	4.0%+21.7pp	-17.8%-24.6pp	6.8%+16.3pp	-9.4%-17.6pp	8.2%+14.2pp	-6.0%-12.5pp	6.4%

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Frequently Asked Questions

What is Destination Xl's annual revenue?

Destination Xl (DXLG) reported $435.0M in total revenue for fiscal year 2026. This represents a -6.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Destination Xl's revenue growing?

Destination Xl (DXLG) revenue declined by 6.9% year-over-year, from $467.0M to $435.0M in fiscal year 2026.

Is Destination Xl profitable?

No, Destination Xl (DXLG) reported a net income of -$35.9M in fiscal year 2026, with a net profit margin of -8.3%.

What is Destination Xl's EBITDA?

Destination Xl (DXLG) had EBITDA of -$2.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Destination Xl's gross margin?

Destination Xl (DXLG) had a gross margin of 43.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Destination Xl's operating margin?

Destination Xl (DXLG) had an operating margin of -4.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Destination Xl's net profit margin?

Destination Xl (DXLG) had a net profit margin of -8.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Destination Xl's return on equity (ROE)?

Destination Xl (DXLG) has a return on equity of -33.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Destination Xl's free cash flow?

Destination Xl (DXLG) generated -$18.0M in free cash flow during fiscal year 2026. This represents a -1067.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Destination Xl's operating cash flow?

Destination Xl (DXLG) generated $2.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Destination Xl's total assets?

Destination Xl (DXLG) had $366.9M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Destination Xl's capital expenditures?

Destination Xl (DXLG) invested $20.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How many shares does Destination Xl have outstanding?

Destination Xl (DXLG) had 55M shares outstanding as of fiscal year 2026.

What is Destination Xl's current ratio?

Destination Xl (DXLG) had a current ratio of 1.30 as of fiscal year 2026, which is considered adequate.

What is Destination Xl's debt-to-equity ratio?

Destination Xl (DXLG) had a debt-to-equity ratio of 2.39 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Destination Xl's return on assets (ROA)?

Destination Xl (DXLG) had a return on assets of -9.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Destination Xl's Piotroski F-Score?

Destination Xl (DXLG) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Destination Xl's earnings high quality?

Destination Xl (DXLG) has an earnings quality ratio of -0.06x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Destination Xl cover its interest payments?

Destination Xl (DXLG) has an interest coverage ratio of -22.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Destination Xl?

Destination Xl (DXLG) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.