LightInTheBox Holding Co., Ltd. (LITB) 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 Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LITB SEC filings page.
LightInTheBox Holding Co., Ltd. (LITB) reported $224.3M in revenue for fiscal year 2025, down 12.1% 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).
Profitability returned in FY2025 because sharply lower operating costs converted a smaller sales base into positive cash generation.
Despite a year-over-year revenue decline, gross margin widened to65.0% , pointing to a cost or mix shift rather than growth-led improvement. Positive net income and operating cash flow in FY2025, after losses and negative operating cash flow in FY2024, indicate the turnaround reached cash conversion rather than remaining accounting-only.
FY2025 still shows a tight balance-sheet structure: current assets were
The 2025 cash result required little reinvestment: capital expenditures were only
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 LightInTheBox Holding Co., Ltd.'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.
LightInTheBox Holding Co., Ltd. has an operating margin of 3.5%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is up from -0.9% the prior year.
LightInTheBox Holding Co., Ltd.'s revenue declined 12.1% year-over-year, from $255.3M to $224.3M. This contraction results in a growth score of 1/100.
LightInTheBox Holding Co., Ltd.'s current ratio of 0.46 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.
LightInTheBox Holding Co., Ltd.'s free cash flow margin of 2.8% results in a low score of 16/100. Capital expenditures of $42K absorb a large share of operating cash flow.
Not available for LightInTheBox Holding Co., Ltd., and counted as zero in the overall score.
LightInTheBox Holding Co., Ltd. scores -1.67, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($57.1M) relative to total liabilities ($76.0M). 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.
LightInTheBox Holding Co., Ltd. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, LightInTheBox Holding Co., Ltd. generates $0.75 in operating cash flow ($6.2M OCF vs $8.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
LightInTheBox Holding Co., Ltd. earns $468.59 in operating income for every $1 of interest expense ($8.0M vs $17K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
LightInTheBox Holding Co., Ltd. held $23.6M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
LITB 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
LITB 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 | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $72.0M+3.8% | $69.4M-45.1% | $126.3M-23.4% | $164.8M-15.6% | $195.4M+23.6% | $158.0M+39.6% | $113.2M+9.3% | $103.6M-4.7% |
| Current Assets | $34.1M+26.5% | $27.0M-68.3% | $85.0M-26.7% | $116.0M+38.2% | $83.9M-1.1% | $84.8M+47.8% | $57.4M+3.3% | $55.6M-45.0% |
| Cash & Equivalents | $23.6M+31.7% | $17.9M-73.0% | $66.4M-25.0% | $88.6M+58.3% | $55.9M-9.0% | $61.5M+62.9% | $37.7M-2.8% | $38.8M-43.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $4.9M+35.8% | $3.6M-36.9% | $5.8M-59.6% | $14.3M+18.9% | $12.0M+20.9% | $9.9M+34.8% | $7.4M-13.3% | $8.5M-28.4% |
| Accounts Receivable | $1.4M+38.8% | $976K+53.9% | $634K-8.8% | $695K-57.2% | $1.6M+24.8% | $1.3M-4.0% | $1.4M-7.3% | $1.5M-57.4% |
| Long-Term Investments | $77K+5.5% | $73K | $0 | $0-100.0% | $56.4M+226.0% | $17.3M+502.1% | $2.9M-44.6% | $5.2M-1.4% |
| Goodwill | $27.8M+4.3% | $26.7M-2.7% | $27.4M-2.8% | $28.2M-7.4% | $30.4M+2.3% | $29.7M+6.5% | $27.9M-0.9% | $28.2M+3982.5% |
| Total Liabilities | $76.0M-7.9% | $82.5M-38.7% | $134.7M-16.3% | $160.9M+22.4% | $131.5M+21.0% | $108.7M+33.6% | $81.3M-27.0% | $111.4M+109.1% |
| Current Liabilities | $74.0M-4.6% | $77.6M-41.5% | $132.5M-14.0% | $154.1M+40.2% | $109.9M+13.5% | $96.9M+35.1% | $71.7M-35.0% | $110.2M+106.9% |
| Non-Current Liabilities | $2.0M-60.0% | $5.0M+129.2% | $2.2M-68.1% | $6.8M-68.3% | $21.6M+82.7% | $11.8M+22.3% | $9.6M+734.6% | $1.2M |
| Total Equity | -$4.0M+69.8% | -$13.2M-57.1% | -$8.4M-316.3% | $3.9M-93.9% | $63.9M+29.4% | $49.4M+54.9% | $31.9M+508.5% | -$7.8M-114.1% |
| Retained Earnings | -$253.9M+3.2% | -$262.2M-1.1% | -$259.3M-4.1% | -$249.2M-29.8% | -$192.1M+6.1% | -$204.6M+6.1% | -$217.9M+0.5% | -$218.9M-37.4% |
Not reported in any period shown, so not listed: Long-Term Debt.
LITB 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.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
LITB 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$4.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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 |
|---|---|---|---|---|---|---|
| LightInTheBox Holding Co., Ltd. LITB | FY2025 | $224.3M | $8.3M | 3.7% | $57.1M | 9/100 |
| Vince Holding Corp. VNCE | FY2025 | $300.0M | N/A | N/A | $158.4M | 34/100 |
| Jerash Holdings (US), Inc. JRSH | FY2026 | $166.3M | $3.6M | 2.2% | $76.8M | 60/100 |
| J-Long Group Limited JL | FY2025 | $39.1M | $2.6M | 6.6% | $17.5M | 58/100 |
| PERFECT MOMENT LTD PMNT | FY2026 | $23.6M | -$7.1M | -30.2% | $9.3M | — |
| JX Luxventure Limited JXG | FY2025 | $82.9M | -$11.0M | -13.3% | $92.1M | 23/100 |
Where LightInTheBox Holding Co., Ltd. Ranks
Frequently Asked Questions
What is LightInTheBox Holding Co., Ltd.'s annual revenue?
LightInTheBox Holding Co., Ltd. (LITB) reported $224.3M in total revenue for fiscal year 2025. This represents a -12.1% 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 LightInTheBox Holding Co., Ltd.'s revenue growing?
LightInTheBox Holding Co., Ltd. (LITB) revenue declined by 12.1% year-over-year, from $255.3M to $224.3M in fiscal year 2025.
Is LightInTheBox Holding Co., Ltd. profitable?
Yes, LightInTheBox Holding Co., Ltd. (LITB) reported a net income of $8.3M in fiscal year 2025, with a net profit margin of 3.7%.
What is LightInTheBox Holding Co., Ltd.'s EBITDA?
LightInTheBox Holding Co., Ltd. (LITB) had EBITDA of $8.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is LightInTheBox Holding Co., Ltd.'s gross margin?
LightInTheBox Holding Co., Ltd. (LITB) had a gross margin of 65.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is LightInTheBox Holding Co., Ltd.'s operating margin?
LightInTheBox Holding Co., Ltd. (LITB) had an operating margin of 3.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is LightInTheBox Holding Co., Ltd.'s net profit margin?
LightInTheBox Holding Co., Ltd. (LITB) had a net profit margin of 3.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is LightInTheBox Holding Co., Ltd.'s free cash flow?
LightInTheBox Holding Co., Ltd. (LITB) generated $6.2M in free cash flow during fiscal year 2025. This represents a 112.6% 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 LightInTheBox Holding Co., Ltd.'s operating cash flow?
LightInTheBox Holding Co., Ltd. (LITB) generated $6.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are LightInTheBox Holding Co., Ltd.'s total assets?
LightInTheBox Holding Co., Ltd. (LITB) had $72.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are LightInTheBox Holding Co., Ltd.'s capital expenditures?
LightInTheBox Holding Co., Ltd. (LITB) invested $42K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does LightInTheBox Holding Co., Ltd. spend on research and development?
LightInTheBox Holding Co., Ltd. (LITB) invested $10.3M in research and development during fiscal year 2025.
What is LightInTheBox Holding Co., Ltd.'s current ratio?
LightInTheBox Holding Co., Ltd. (LITB) had a current ratio of 0.46 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is LightInTheBox Holding Co., Ltd.'s return on assets (ROA)?
LightInTheBox Holding Co., Ltd. (LITB) had a return on assets of 11.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is LightInTheBox Holding Co., Ltd.'s P/E ratio?
LightInTheBox Holding Co., Ltd. (LITB) trades at 6.9x earnings, its market capitalization divided by net income of $8.3M net income, FY2025. The market capitalization is $57.1M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is LightInTheBox Holding Co., Ltd.'s price-to-sales ratio?
LightInTheBox Holding Co., Ltd. (LITB) trades at 0.3x sales, its market capitalization divided by revenue of $224.3M revenue, FY2025. The market capitalization is $57.1M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is LightInTheBox Holding Co., Ltd.'s debt-to-equity ratio negative or not reported?
LightInTheBox Holding Co., Ltd. (LITB) has negative shareholder equity of -$4.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is LightInTheBox Holding Co., Ltd.'s Altman Z-Score?
LightInTheBox Holding Co., Ltd. (LITB) has an Altman Z-Score of -1.67, 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 LightInTheBox Holding Co., Ltd.'s Piotroski F-Score?
LightInTheBox Holding Co., Ltd. (LITB) has a Piotroski F-Score of 6 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 LightInTheBox Holding Co., Ltd.'s earnings high quality?
LightInTheBox Holding Co., Ltd. (LITB) has an earnings quality ratio of 0.75x, 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 LightInTheBox Holding Co., Ltd. cover its interest payments?
LightInTheBox Holding Co., Ltd. (LITB) has an interest coverage ratio of 468.59x, meaning it can comfortably 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 LightInTheBox Holding Co., Ltd.?
LightInTheBox Holding Co., Ltd. (LITB) scores 9 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.