Destination Xl (DXLG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2027, filed Sep 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DXLG SEC filings page.
Destination Xl (DXLG) reported $435.0M in revenue for fiscal year 2025, down 6.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Margin compression meets a shrinking sales base, while reinvestment consumes operating cash and increases reliance on liabilities.
By FY2025, revenue was$435M and gross margin was43.4% , so the earnings deterioration reflects both weaker volume and less profit per sale. Operating cash flow fell from$29.6M to$2.1M as free cash flow turned negative, showing that cash conversion after reinvestment had largely disappeared.
SG&A was
Liabilities reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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.
Destination Xl has an operating margin of -4.2%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 33/100. This is down from 0.8% the prior year.
Destination Xl's revenue declined 6.9% year-over-year, from $467.0M to $435.0M. This contraction results in a growth score of 11/100.
Destination Xl has elevated debt relative to equity (D/E of 2.39), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 27/100, reflecting increased financial risk.
Destination Xl's current ratio of 1.30 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
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 24/100, reflecting heavy capital investment rather than weak cash generation.
Destination Xl posts a -33.2% return on equity (ROE), meaning it loses $33 for every $100 of shareholders' equity. This results in a returns score of 33/100. This is down from 2.2% the prior year.
Destination Xl scores 0.88, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Destination Xl passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Destination Xl reported a net loss of $35.9M while generating $2.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Destination Xl reported an operating loss of $18.2M against $810K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Destination Xl generated $111.6M in revenue in Q3 2027. This represents a decrease of 3.4% from the same quarter a year earlier. Against the prior quarter it is up 8.0%.
Destination Xl's EBITDA was $5.9M in Q3 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.1% from the same quarter a year earlier. Against the prior quarter it is up 399.9%.
Destination Xl reported $2.0M in net income in Q3 2027. This represents an increase of 873.2% from the same quarter a year earlier. Against the prior quarter it is up 134.5%.
Destination Xl earned $0.04 per diluted share (EPS) in Q3 2027. Against the prior quarter it is up 136.4%.
Cash & Balance Sheet
Destination Xl generated $3.9M in free cash flow in Q3 2027, representing cash available after capex. This represents a decrease of 13.9% from the same quarter a year earlier. Against the prior quarter it is up 131.0%.
Destination Xl held $17.0M in cash as of Q3 2027; long-term debt is not reported for that period.
Not reported for Q3 2027.
Margins & Returns
Destination Xl's gross margin was 47.9% in Q3 2027, indicating the percentage of revenue retained after direct costs. This is up 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.6 percentage points.
Destination Xl's operating margin was 1.7% in Q3 2027, reflecting core business profitability. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.5 percentage points.
Destination Xl's net profit margin was 1.8% in Q3 2027, showing the share of revenue converted to profit. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.6 percentage points.
Destination Xl's ROE was 2.0% in Q3 2027, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.8 percentage points.
Capital Allocation
Destination Xl invested $2.1M in capex in Q3 2027, funding long-term assets and infrastructure. This represents a decrease of 60.4% from the same quarter a year earlier. Against the prior quarter it is down 44.5%.
Not reported for Q3 2027.
Not reported for Q3 2027.
DXLG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2710-Q | Q2'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $111.6M-3.4% | $103.3M-2.1% | $101.9M-5.2% | $115.5M-7.5% | $105.5M-8.6% | $129.2M-12.2% | $107.5M | $124.8M+4.7% |
| Cost of Revenue | $58.1M-8.2% | $57.6M-0.6% | $58.3M-1.2% | $63.3M-2.1% | $58.0M-3.1% | $68.2M-11.9% | $59.1M | $64.6M+3.3% |
| Gross Profit | $53.4M+2.4% | $45.8M-3.8% | $43.5M-10.1% | $52.2M-13.3% | $47.6M-14.5% | $61.0M-12.5% | $48.4M | $60.2M+6.3% |
| SG&A Expenses | $45.7M-3.7% | $46.5M-1.9% | $45.5M-4.0% | $47.5M-11.5% | $47.4M-0.3% | $49.8M-7.0% | $47.4M | $53.7M+11.9% |
| Operating Income | $1.9M+175.7% | -$5.9M-69.8% | -$5.7M-125.2% | $703K-77.5% | -$3.5M-171.6% | $6.6M-46.2% | -$2.5M | $3.1M-40.6% |
| EBITDA | $5.9M+29.1% | -$2.0M-1518.0% | -$2.0M-290.0% | $4.6M-29.7% | $139K-98.3% | $9.9M-38.1% | $1.0M | $6.5M-24.7% |
| Interest Expense | N/A | $62K-78.2% | $141K-74.5% | $200K-63.7% | $284K-50.2% | $697K+40.0% | $552K | $551K-2.3% |
| Income Tax | -$33K-102.8% | $62K+104.9% | -$1.5M-701.1% | $1.2M-9.6% | -$1.3M-176.8% | $2.9M-1.6% | -$182K | $1.3M-25.9% |
| Net Income | $2.0M+873.2% | -$5.9M-206.3% | -$4.1M-128.3% | -$265K-111.1% | -$1.9M-151.1% | $4.4M-47.5% | -$1.8M | $2.4M-40.7% |
| EPS (Basic) | $0.04 | -$0.11-175.0% | -$0.08-166.7% | $0.00-100.0% | -$0.04-157.1% | -$0.03-133.3% | -$0.03 | $0.04-42.9% |
| EPS (Diluted) | $0.04 | -$0.11-175.0% | -$0.08-166.7% | $0.00-100.0% | -$0.04-166.7% | -$0.02-125.0% | -$0.03 | $0.04-33.3% |
| Diluted Shares (Avg) | 56M+4.6% | 55M+2.5% | 54M-4.9% | 54M-11.9% | 54M-12.1% | N/A | 57M | 61M-3.7% |
Not reported in any period shown, so not listed: R&D Expenses.
DXLG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2710-Q | Q2'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $355.8M-13.0% | $366.1M-3.7% | $401.5M+5.3% | $408.8M+6.5% | $380.1M+0.9% | $381.0M+6.5% | $381.3M | $383.8M+3.0% |
| Current Assets | $105.9M-13.6% | $108.8M-12.8% | $120.5M-14.1% | $122.6M-19.1% | $124.9M-19.4% | $131.9M-13.9% | $140.3M | $151.7M-11.0% |
| Cash & Equivalents | $17.0M+21.5% | $11.1M+37.3% | $14.6M+105.3% | $14.0M-34.7% | $8.1M-50.5% | $11.9M-56.9% | $7.1M | $21.5M+100.3% |
| Short-Term Investments | $3.1M-84.2% | $5.1M-75.8% | $12.4M-65.3% | $19.5M-53.2% | $21.0M-43.1% | $36.5M+12.5% | $35.9M | $41.7M-15.9% |
| Inventory | $75.5M-4.3% | $81.4M-4.8% | $85.0M-4.6% | $78.9M+0.4% | $85.5M-6.3% | $75.5M-6.8% | $89.1M | $78.6M-21.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $251.2M-6.2% | $263.6M+10.1% | $264.3M+12.1% | $267.9M+18.1% | $239.4M+7.3% | $239.7M+14.8% | $235.9M | $226.8M+2.2% |
| Current Liabilities | $80.9M-0.8% | $86.6M+0.4% | $85.3M-4.8% | $81.6M-1.9% | $86.2M-0.8% | $90.7M+0.9% | $89.6M | $83.2M-17.6% |
| Non-Current Liabilities | $170.3M-8.6% | $177.0M+15.6% | $179.1M+22.4% | $186.3M+29.8% | $153.1M+12.5% | $149.0M+25.3% | $146.3M | $143.6M+18.8% |
| Total Equity | $104.5M-25.8% | $102.6M-27.1% | $137.2M-5.7% | $140.9M-10.2% | $140.7M-8.4% | $141.2M-5.2% | $145.5M | $157.0M+4.1% |
| Retained Earnings | -$83.6M-81.6% | -$85.7M-87.2% | -$50.2M-18.0% | -$46.1M-13.1% | -$45.8M-6.2% | -$43.8M+6.5% | -$42.5M | -$40.7M+21.9% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
DXLG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2710-Q | Q2'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.0M-39.0% | -$8.8M+26.7% | -$1.1M+68.8% | $9.9M-42.0% | -$12.0M-969.3% | $17.1M+3.9% | -$3.5M | $17.1M+149.2% |
| Depreciation & Amortization | $4.0M+2.5% | $4.0M+9.1% | $3.8M+5.4% | $3.9M+14.5% | $3.6M+10.9% | $3.6M+4.3% | $3.6M | $3.4M-0.2% |
| Stock-Based Compensation | N/A | $332K-2.4% | N/A | N/A | $340K-61.1% | N/A | N/A | N/A |
| Capital Expenditures | $2.1M-60.4% | $3.8M-43.2% | $4.9M-26.0% | $5.4M-22.5% | $6.7M+15.0% | $8.3M+18.6% | $6.6M | $6.9M+20.5% |
| Free Cash Flow | $3.9M-13.9% | -$12.7M+32.6% | -$6.0M+40.9% | $4.6M-55.2% | -$18.8M-168.6% | $8.8M-7.1% | -$10.1M | $10.2M+806.6% |
| Investing Cash Flow | -$125K+96.8% | -$3.8M-146.4% | $2.1M+437.2% | -$3.9M+67.7% | $8.3M+183.0% | -$8.8M-188.1% | -$623K | -$12.0M-8.0% |
| Financing Cash Flow | $0+100.0% | -$58K-23.4% | -$425K+95.8% | -$123K-3175.0% | -$47K+74.3% | -$3.5M+63.3% | -$10.2M | $4K+100.1% |
| Share Buybacks | N/A | N/A | $0-100.0% | $0 | $0-100.0% | $3.3M-65.9% | $10.2M | $0-100.0% |
Not reported in any period shown, so not listed: Dividends Paid.
DXLG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2710-Q | Q2'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.9%+2.7pp | 44.3%-0.8pp | 42.7%-2.3pp | 45.2%-3.0pp | 45.1%-3.1pp | 47.2%-0.2pp | 45.1% | 48.2%+0.7pp |
| Operating Margin | 1.7%+1.1pp | -5.8%-2.4pp | -5.6%-3.3pp | 0.6%-1.9pp | -3.3%-7.5pp | 5.1%-3.3pp | -2.4% | 2.5%-1.9pp |
| Net Margin | 1.8%+2.1pp | -5.8%-3.9pp | -4.0%-2.4pp | -0.2%-2.1pp | -1.8%-5.1pp | 3.4%-2.3pp | -1.7% | 1.9%-1.5pp |
| Return on Equity | 2.0%+2.1pp | -5.8%-4.4pp | -3.0%-1.8pp | -0.2%-1.7pp | -1.4%-3.9pp | 3.1%-2.5pp | -1.2% | 1.5%-1.2pp |
| Return on Assets | 0.6%+0.6pp | -1.6%-1.1pp | -1.0%-0.6pp | -0.1%-0.7pp | -0.5%-1.5pp | 1.2%-1.2pp | -0.5% | 0.6%-0.5pp |
| Current Ratio | 1.31-0.2x | 1.26-0.2x | 1.41-0.2x | 1.50-0.3x | 1.45-0.3x | 1.45-0.3x | 1.57 | 1.82+0.1x |
| Debt-to-Equity | 2.40+0.5x | 2.57+0.9x | 1.93+0.3x | 1.90+0.5x | 1.70+0.2x | 1.70+0.3x | 1.62 | 1.450.0x |
| Asset Turnover | 0.310.0x | 0.280.0x | 0.250.0x | 0.280.0x | 0.280.0x | 0.34-0.1x | 0.28 | 0.330.0x |
| FCF Margin | 3.5%-0.4pp | -12.2%+5.6pp | -5.9%+3.5pp | 4.0%-4.2pp | -17.8%-11.7pp | 6.8%+0.4pp | -9.4% | 8.2%+7.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Destination Xl DXLG | FY2025 | $435.0M | -$35.9M | -8.3% | $34.3M | 27/100 |
| Cato Corp CATO | FY2025 | $653.8M | -$5.9M | -0.9% | $49.4M | 24/100 |
| BrillaA Inc BRIA | FY2025 | $64.4M | $2.8M | 4.4% | $35.0M | 42/100 |
| Tillys Inc TLYS | FY2025 | $553.6M | -$17.5M | -3.1% | $124.2M | 20/100 |
| A K A Brands Hldg Corp AKA | FY2025 | $600.2M | -$31.4M | -5.2% | $114.5M | 33/100 |
| Digital Brands Group Inc DBGI | FY2025 | $7.4M | -$28.3M | N/A | $2.2M | 8/100 |
Where Destination Xl Ranks
Frequently Asked Questions
What is Destination Xl's annual revenue?
Destination Xl (DXLG) reported $435.0M in total revenue for fiscal year 2025. 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 2025.
Is Destination Xl profitable?
No, Destination Xl (DXLG) reported a net income of -$35.9M in fiscal year 2025, 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 2025, 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 2025, 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 2025, 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 2025, 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 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Destination Xl's free cash flow?
Destination Xl (DXLG) recorded an outflow of $18.0M in free cash flow during fiscal year 2025. 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 2025, 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 2025, 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 2025, funding long-term assets and infrastructure.
What is Destination Xl's current ratio?
Destination Xl (DXLG) had a current ratio of 1.30 as of fiscal year 2025, 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 2025, 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 2025, measuring how efficiently the company uses its assets to generate profit.
What is Destination Xl's P/E ratio?
Destination Xl (DXLG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $34.3M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Destination Xl's price-to-sales ratio?
Destination Xl (DXLG) trades at 0.1x sales, its market capitalization divided by revenue of $435.0M revenue, FY2025. The market capitalization is $34.3M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Destination Xl's Altman Z-Score?
Destination Xl (DXLG) has an Altman Z-Score of 0.88, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Destination Xl's Piotroski F-Score?
Destination Xl (DXLG) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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) reported a net loss of $35.9M while generating $2.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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) reported an operating loss of $18.2M against $810K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 27 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.