MySize Reports 53% Year-Over-Year Revenue Growth in Second Quarter 2026 as Integrated Fashion Platform Continues to Scale
MySize (NASDAQ:MYSZ) reported second quarter 2026 revenue of $3.07 million, up 53% year-over-year from $2.01 million, driven by expansion in fashion e-commerce and contributions from Percentil and Ten Peacks.
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Rhea-AI Summary
MySize (NASDAQ:MYSZ) reported second quarter 2026 revenue of $3.07 million, up 53% year-over-year from $2.01 million, driven by expansion in fashion e-commerce and contributions from Percentil and Ten Peacks. First-half 2026 revenue rose 57% to $5.46 million from $3.49 million.
Percentil resale revenue grew to $413,000 from $168,000, while the SaaS Solutions segment generated $211,000 revenue at roughly 86% gross margin. Despite growth, consolidated gross margin declined to 31.7% from 56.0% and second quarter net loss widened to $1.75 million from $450,000, with operating loss rising to $1.72 million. MySize ended June 30, 2026 with $453,000 in cash and expects continued losses and negative operating cash flows, highlighting a need for additional capital even as management shifts focus toward contribution margin, operating leverage and cash efficiency.
Positive
- Quarterly revenue up 53% year-over-year to $3.07 million
- First-half 2026 revenue up 57% to $5.46 million
- Percentil resale revenue grew to $413,000 from $168,000
- SaaS Solutions delivered about 86% gross margin on $211,000 revenue
- First-half operating cash use improved to $1.97 million from $2.31 million
Negative
- Second quarter gross margin fell to 31.7% from 56.0%
- Quarterly net loss increased to $1.75 million from $450,000
- First-half net loss widened to $3.13 million from $1.51 million
- Second quarter operating loss rose to $1.72 million from $586,000
- Cash balance at June 30, 2026 was $453,000 plus $258,000 restricted
- Company expects ongoing losses and needs additional capital for operations
Details
Market move: MYSZ -12.13% in the Aug 14 session. 2Q26 earnings report
On Aug 14, the day this news came out, MYSZ closed 12.13% below the previous close. Argus tracked a peak move of +34.5% during that session. Argus tracked a trough of -14.0% from its starting point during tracking. Our momentum scanner recorded 25 alerts for this stock that day. Relative volume reached 19.1x the daily average during tracking.
Data tracked by StockTitan Argus for the Aug 14 session.
Key Figures
- Q2 revenue
- $3.07 million
- Q2 2026, compared with $2.01 million in Q2 2025
- First-half revenue
- $5.46 million
- Six months ended June 30, 2026, compared with $3.49 million
- Percentil revenue
- $413,000
- Q2 2026, compared with $168,000 in Q2 2025
- SaaS gross margin
- Approximately 86%
- SaaS Solutions segment during Q2 2026
- Operating cash use
- $1.97 million
- First half of 2026, compared with $2.31 million in the prior-year period
- Consolidated gross margin
- Approximately 31.7%
- Q2 2026, compared with approximately 56.0% in Q2 2025
- Q2 net loss
- Approximately $1.75 million
- Q2 2026, compared with approximately $1.47 million in Q2 2025
- Cash and equivalents
- $453,000
- As of June 30, 2026
Historical Context
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Board approved a 1-for-8 reverse split effective after market close.
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First-quarter revenue growth and gross-profit improvement accompanied higher net losses.
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Company scheduled a presentation at the Market Movers Investor Summit.
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Subsidiary signed a non-binding LOI for selected EyeFitU assets.
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Nasdaq issued a minimum bid-price compliance notice to the company.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
contribution margin financial
operating leverage financial
recommerce financial
working-capital management financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Quarterly revenue reaches
Company enters next phase focused on contribution margin improvement, operating leverage and cash efficiency
AIRPORT CITY, Israel, Aug. 14, 2026 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) ("MySize" or the "Company"), a fashion technology company operating an integrated portfolio across AI-driven sizing solutions, e-commerce, recommerce and brand distribution, today announced financial results for the second quarter and six months ended June 30, 2026.
Revenue for the second quarter of 2026 increased
The growth reflects the continued expansion of MySize's fashion e-commerce activities, together with contributions from businesses added to the Company's platform, including Ten Peacks. The Company's resale platform, Percentil, also continued to scale, while MySize's SaaS businesses maintained attractive gross-margin characteristics.
Second Quarter 2026 Highlights
- Revenue increased
53% year-over-year to$3.07 million from$2.01 million . - First-half revenue increased
57% to$5.46 million from$3.49 million . - Percentil quarterly revenue increased to
$413,000 , compared with$168,000 in the second quarter of 2025. - The SaaS Solutions segment generated approximately
86% gross margin during the quarter, with revenue of$211,000 and cost of revenues of$30,000 . - Net cash used in operating activities during the first six months of 2026 improved to
$1.97 million , compared with$2.31 million during the same period in 2025. - The Company continued integrating Percentil and Ten Peaks into its broader fashion technology platform.
- Management is increasingly focused on contribution margin, operating leverage and cash efficiency as the Company moves from platform expansion toward monetization and optimization.
- Net loss for the second quarter of 2026 was approximately
$1.75 million , compared to approximately$1.47 million in the second quarter of 2025.
Management Commentary
"During the second quarter, MySize continued to demonstrate that we can build scale across a diversified fashion platform," said Ronen Luzon, Chief Executive Officer of MySize. "Revenue increased
"Over the past several years, we have deliberately expanded MySize beyond a single technology solution. Today, our platform addresses several of the most important challenges facing the fashion industry: size and fit, e-commerce, excess inventory and circularity, and international distribution."
"As we enter the second half of 2026, our priorities are evolving. Growth remains important, but our focus is increasingly on the quality of that growth — improving contribution margins, increasing the proportion of higher-margin revenues, extracting greater operating leverage from our existing infrastructure and reducing cash consumption."
"We believe much of the foundation required to support a considerably larger business is now in place. Our objective is to translate the scale we have built into stronger unit economics and, over time, a more sustainable financial model."
Financial Results
Revenue for the three months ended June 30, 2026 was
Gross profit was
The change in consolidated gross margin primarily reflects a shift in revenue mix, with a greater portion of quarterly revenue generated by the Company's commerce activities, which operate at lower gross margins than its SaaS and recommerce businesses.
Research and development expenses were
Sales and marketing expenses were
General and administrative expenses were
Operating loss for the quarter was
Net loss was
First-Half Results
For the six months ended June 30, 2026:
- Revenue was
$5.46 million , up57% from$3.49 million . - Gross profit was
$1.91 million , compared with$1.54 million . - Operating loss was
$3.13 million , compared with$1.65 million . - Net loss was
$3.13 million , compared with$1.51 million . - Net cash used in operating activities was
$1.97 million , compared with$2.31 million during the prior-year period.
The improvement in operating cash usage was supported by working-capital management, including reductions in inventory, accounts receivable and prepaid expenses, partially offset by payments of outstanding trade payables.
Segment Development
MySize currently reports four operating segments: fashion e-commerce, SaaS Solutions, resale and other activities, which currently include Ten Peacks.
During the second quarter:
Fashion e-commerce generated revenue of
SaaS Solutions, including Naiz Fit, generated revenue of
Resale, represented by Percentil, generated revenue of
Other activities, currently including Ten Peacks, generated revenue of
Management believes the growing contribution from SaaS and recommerce represents an important opportunity to improve the business's revenue mix over time.
Balance Sheet and Liquidity
As of June 30, 2026, MySize had
Net cash used in operating activities decreased to
The Company continues to actively manage liquidity through working-capital optimization, existing financing arrangements and evaluation of additional financing and strategic capital alternatives.
As disclosed in the Company's Form 10-Q, MySize expects to continue generating losses and negative operating cash flows in the foreseeable future and will require additional capital to support its operations and growth strategy.
Strategic Outlook
MySize's strategy is to build an integrated fashion technology platform that allows brands and retailers to address multiple industry challenges through a single group of businesses.
The Company's current portfolio includes:
- Naiz Fit — AI-powered size and fit technology;
- Orgad — technology-enabled e-commerce and marketplace operations;
- Percentil — managed second-hand fashion and recommerce; and
- Ten Peacks — international apparel and footwear brand distribution.
Following a period of acquisitions, integration and expansion, management intends to place increased emphasis during the second half of 2026 on improving contribution margin, increasing higher-margin revenue, optimizing operating expenses and strengthening cash efficiency.
"Our objective is not simply to build a larger company," Luzon concluded. "Our objective is to build a stronger one. We believe the assets and capabilities are now in place, and our focus is increasingly on converting that platform into sustainable economic value for our shareholders."
About MySize, Inc.
MySize, Inc. (NASDAQ: MYSZ) is a fashion technology company operating an integrated portfolio of businesses designed to address key challenges facing fashion brands and retailers, including size and fit accuracy, e-commerce, excess inventory, circularity and international distribution.
Through Naiz Fit, MySize provides AI-driven size and fit solutions; through Orgad, the Company operates technology-enabled e-commerce activities; through Percentil, it operates a managed second-hand fashion recommerce platform; and through Ten Peacks, it distributes international apparel and footwear brands.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding future operational execution, revenue growth, revenue mix improvement, margin expansion, profitability, technology development, market expansion and other strategic initiatives. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Investor Relations Contact:
Oren Elmaliah
Chief Financial Officer
MySize, Inc.
ir@mysizeid.com
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SOURCE My Size Inc.
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