Every 10-Q that Lulu's Fashion Lounge Holdings, Inc. (LVLU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LVLU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LVLU filings page.
Lulu’s Fashion Lounge Holdings, Inc. reported lower sales but improved profitability metrics for the twenty-six weeks ended June 28, 2026. Net revenue was $125.3 million versus $145.7 million a year earlier, while gross margin rose to 47.0% from 43.1%, reflecting more efficient merchandising and fulfillment.
The company narrowed its loss, with net loss at $5.6 million compared with $11.0 million in the prior-year period and Adjusted EBITDA improving to a loss of $0.5 million from a loss of $4.2 million. Operating cash flow strengthened to $7.5 million, helping increase cash to $4.1 million. However, higher payables and returns reserves and a stored-value card liability of $17.7 million contribute to a stockholders’ equity deficit of $1.5 million.
As of June 28, 2026, Lulu’s had $10.1 million outstanding under its 2025 asset-based revolving credit facility, with $1.6 million of unused availability and a weighted-average borrowing rate of 10.4%. Management expects existing cash, cash from operations, and availability under the facility to cover obligations for at least 12 months. Subsequent actions include effectiveness of a $7.5 million Form S-3 shelf, a $4.5 million equity line of credit, amendments providing more flexible inventory-based borrowing, and confirmation from Nasdaq that the company regained listing compliance under the market value standard.
Lulu’s Fashion Lounge Holdings reported net revenue of $57,531,000 for the thirteen weeks ended March 29, 2026, down from $64,155,000 a year earlier as Total Orders Placed declined, partly offset by higher Average Order Value and more wholesale revenue.
Gross Margin rose to 45.1% from 40.3%, lifting gross profit slightly to $25,948,000 despite lower sales, helped by a shift toward higher-margin products and lower freight costs. Net loss narrowed to $4,090,000 from $7,998,000, and Adjusted EBITDA improved to a loss of $1,525,000 from $4,670,000.
Active Customers over the prior 12 months fell to 2.27 million from 2.55 million, while Average Order Value increased to $142 from $136. Operating cash flow was $6,900,000, contributing to a cash balance of $7,439,000 as of March 29, 2026. Borrowings under the 2025 Credit Agreement totaled $13,300,000, with additional unused availability, and management believes existing liquidity and this facility will cover obligations for at least 12 months.
Lulu’s Fashion Lounge Holdings (LVLU) reported Q3 2025 results. Net revenue was $73.591 million, with gross profit of $31.360 million and a net loss of $2.317 million. Year‑to‑date, revenue totaled $219.266 million and net loss was $13.310 million.
The balance sheet shows cash of $1.942 million, inventory of $38.422 million, and total stockholders’ equity of $2.519 million as of September 28, 2025. The company entered a new asset‑based revolving credit facility on August 14, 2025 with a $20.0 million commitment (plus a $5.0 million uncommitted accordion) at 30‑day SOFR + 3.95%. Outstanding borrowings were $9.2 million with $6.8 million unused availability. Proceeds were used in part to repay the prior revolving credit facility.
Operating cash flow for the first 39 weeks was $5.147 million. The company repurchased 123,934 shares year‑to‑date for $886,264, with $1.1 million remaining under the authorization. A 1‑for‑15 reverse stock split became effective July 7, 2025. Shares outstanding were 2,771,846 as of November 7, 2025.
Lulu's Fashion Lounge (LVLU) reported weaker sales and continued losses in the quarter. Net revenue was $81,520 for the thirteen weeks and $145,675 for the twenty-six weeks (amounts in thousands), down from $91,966 and $169,225 year-ago periods. The company recorded a net loss of $2,995 for the quarter and $10,993 year-to-date.
Liquidity is constrained: cash at June 29, 2025 totaled $1,534, with $5.8 million outstanding under its revolving credit facility. Management disclosed substantial doubt about going concern and is negotiating a new asset-based facility while in a lender forbearance arrangement. The board approved a 1-for-15 reverse stock split effective July 7, 2025. Operating cash flow was positive at $6,966 for the twenty-six weeks, there was no impairment of goodwill or intangibles, and $1.3 million remains available under the stock repurchase authorization.