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MySize (NASDAQ: MYSZ) Q1 2026 revenue jumps 62% as net loss widens

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

MySize, Inc. reported strong top-line growth for the first quarter of 2026 while remaining unprofitable. Revenue rose 62% year-over-year to about $2.39 million, driven mainly by fashion e-commerce operations and the consolidation of Percentil.

Gross profit more than doubled to roughly $940 thousand, with gross margin improving to 39.3% from 28.4%, reflecting better profitability on each sale. Operating expenses also increased across research and development, sales and marketing, and general and administrative functions, supporting technology investments and integration activities.

Net loss widened to approximately $1.48 million from about $1.06 million a year earlier, and cash, cash equivalents and restricted cash totaled roughly $910 thousand as of March 31, 2026. Management highlighted continued integration of Percentil and ShoeSize.Me and growth at Orgad and Naiz Fit as MySize builds an AI-driven, multi-channel fashion technology platform.

Positive

  • Strong revenue acceleration: Q1 2026 revenue grew 62% year-over-year to approximately $2.39 million, driven by fashion e-commerce expansion and inclusion of Percentil.
  • Improved profitability per sale: Gross profit rose 124% to about $940 thousand and gross margin increased to 39.3% from 28.4%, indicating better unit economics.

Negative

  • Widening net loss: Net loss increased 39% year-over-year to approximately $1.48 million despite higher revenue and margins.
  • Limited cash relative to losses: Cash, cash equivalents and restricted cash totaled about $910 thousand as of March 31, 2026, compared with a quarterly net loss of roughly $1.48 million.

Insights

Rapid revenue and margin gains, but losses and cash position remain key constraints.

MySize delivered rapid scale-up in Q1 2026, with revenue up 62% to about $2.39 million and gross profit up 124%. Gross margin improved to 39.3%, suggesting better unit economics as e-commerce and newly consolidated Percentil revenue ramp.

However, operating costs grew meaningfully: research and development reached roughly $239 thousand, sales and marketing about $890 thousand, and general and administrative around $1.22 million. These increases, tied to AI technology investment and integration, contributed to the wider net loss of about $1.48 million, compared with roughly $1.06 million a year earlier.

The company ended March 31, 2026 with cash, cash equivalents and restricted cash of approximately $910 thousand, a modest buffer relative to its quarterly net loss. Future filings will clarify how quickly MySize can convert its integrated AI fashion platform, including Orgad, Naiz Fit, Percentil and ShoeSize.Me, into sustainable profitability and whether additional capital becomes necessary.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Q1 2026 Revenue $2.39 million Increased 62% year-over-year from approximately $1.48 million
Q1 2026 Gross Profit $940 thousand Up 124% from approximately $420 thousand in Q1 2025
Q1 2026 Gross Margin 39.3% Improved from 28.4% in the prior-year quarter
Q1 2026 Net Loss $1.48 million Worse than approximately $1.06 million in Q1 2025
Cash and equivalents $910 thousand Cash, cash equivalents and restricted cash as of March 31, 2026
R&D expenses $239 thousand Q1 2026, up from approximately $82 thousand in Q1 2025
Sales and marketing expenses $890 thousand Q1 2026, compared to approximately $567 thousand a year earlier
General and administrative expenses $1.22 million Q1 2026, up from approximately $831 thousand in Q1 2025
gross margin financial
"Gross margin improved to 39.3%, compared to 28.4% in the prior-year quarter."
Gross margin is the difference between how much money a company makes from selling its products and how much it costs to produce them, expressed as a percentage of sales. It shows how efficiently a company is turning sales into profit before other expenses like marketing or salaries. Higher gross margin means the company keeps more money from each sale, which is a good sign of financial health.
AI-driven sizing solutions technical
"a fashion technology company focused on AI-driven sizing solutions, omnichannel e-commerce, resale platforms"
second-hand fashion resale market
"Second-hand fashion resale operations through Percentil;"
forward-looking statements regulatory
"This press release contains certain forward-looking statements within the meaning of the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
omnichannel e-commerce market
"AI-driven sizing solutions, omnichannel e-commerce, resale platforms and apparel distribution"
Revenue $2.39 million +62% year-over-year
Gross profit $940 thousand +124% year-over-year
Gross margin 39.3% up from 28.4% in Q1 2025
Net loss $1.48 million up from approximately $1.06 million in Q1 2025
Cash, cash equivalents and restricted cash $910 thousand balance as of March 31, 2026
false 0001211805 0001211805 2026-05-15 2026-05-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 15, 2026

 

MY SIZE, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-37370   51-0394637

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

HaNegev 4, POB 1026,

Airport City, Israel 7010000

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code +972-3-600-9030

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value per share   MYSZ   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 2.02 Results of Operation and Financial Condition.

 

On May 15, 2026, My Size, Inc. (the “Company”) issued a press release which included its results of operations for the first quarter ended March 31, 2026. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein in its entirety.

 

The information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this Current Report, regardless of any general incorporation language in any such filing, except as expressly set forth by specific reference in such filing.

 

Item 9.01. Financial Statement and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press release, dated May 15, 2026
104   Cover Page Interactive Data File (formatted as Inline XBRL)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MY SIZE, INC.
     
Date: May 15, 2026 By: /s/ Ronen Luzon
  Name: Ronen Luzon
  Title: Chief Executive Officer

 

 

 

Exhibit 99.1

 

MySize Reports 62% Revenue Growth in First Quarter 2026 as Integrated AI Fashion Platform Continues Expansion

 

Revenue increased 62% year-over-year to $2.39 million
Gross profit increased 124% year-over-year
Gross margin improved to 39.3%
Net loss increased 39% year-over-year
Continued expansion of AI sizing, resale and e-commerce ecosystem
Strategic integration of Percentil and ShoeSize.Me strengthens platform capabilities

 

AIRPORT CITY, Israel, May 15, 2026 — MySize, Inc. (NASDAQ: MYSZ), a fashion technology company focused on AI-driven sizing solutions, omnichannel e-commerce, resale platforms and apparel distribution, today announced financial results for the first quarter ended March 31, 2026.

 

CEO Commentary

 

“We are pleased with the strong start to 2026, highlighted by 62% year-over-year revenue growth and significant gross margin expansion. During the quarter, we continued executing our strategy of building an integrated fashion technology platform combining AI-driven sizing solutions, e-commerce operations, resale capabilities and international distribution.

We believe MySize is evolving into a next-generation fashion technology platform that leverages AI, data and operational synergies across multiple segments of the global fashion market. The integration of Percentil and ShoeSize.Me, together with the continued growth of Orgad and Naiz Fit, supports our focus on building a scalable and diversified business.

As we continue strengthening our technology portfolio and expanding our operational footprint, we remain committed to disciplined growth, operational efficiency and long-term shareholder value creation.”

— Ronen Luzon, Chief Executive Officer

 

 

 

 

First Quarter 2026 Financial Highlights

 

Revenue for the first quarter of 2026 increased 62% to approximately $2.39 million, compared to approximately $1.48 million in the first quarter of 2025. The increase was primarily attributable to growth in the Company’s fashion e-commerce operations, as well as the inclusion of revenue generated by Percentil in the consolidated results.
  
Gross profit for the first quarter of 2026 increased 124% to approximately $940 thousand, compared to approximately $420 thousand in the first quarter of 2025. Gross margin improved to 39.3%, compared to 28.4% in the prior-year quarter.
  
Cost of revenue for the first quarter of 2026 was approximately $1.45 million, compared to approximately $1.06 million in the first quarter of 2025, primarily reflecting increased sales activity across the Company’s e-commerce and distribution operations.
  
Research and development expenses for the first quarter of 2026 were approximately $239 thousand, compared to approximately $82 thousand in the first quarter of 2025, primarily due to increased investment in AI technologies, product innovation and operational infrastructure.
  
Sales and marketing expenses for the first quarter of 2026 were approximately $890 thousand, compared to approximately $567 thousand in the first quarter of 2025, primarily driven by higher sales activity and the inclusion of Percentil operating expenses.
  
General and administrative expenses for the first quarter of 2026 were approximately $1.22 million, compared to approximately $831 thousand in the first quarter of 2025, primarily reflecting the expansion of operational activities and integration-related expenses.
  
Net loss for the first quarter of 2026 was approximately $1.48 million, compared to approximately $1.06 million in the first quarter of 2025.
  
As of March 31, 2026, the Company had cash, cash equivalents and restricted cash of approximately $910 thousand.

 

Strategic and Operational Highlights

 

AI-driven sizing technologies, including Naiz Fit and ShoeSize.Me;
Fashion e-commerce operations through Orgad;
Second-hand fashion resale operations through Percentil; and
International apparel and footwear distribution through Ten Peacks.

 

The Company believes the combination of AI-driven personalization, fashion resale, e-commerce operations and international distribution creates a differentiated platform designed to address evolving consumer and retailer demands across the global fashion industry.

 

MySize also continued enhancing its AI and data capabilities through the integration of technologies and consumer datasets across its subsidiaries, supporting future product innovation and operational optimization initiatives.

 

 

 

 

About MySize, Inc.

 

MySize, Inc. (NASDAQ: MYSZ) provides AI-driven sizing and commerce solutions designed to increase conversion, reduce returns, and support efficient omnichannel retail operations worldwide. The Company’s portfolio includes proprietary technology platforms serving brands, retailers, and consumers across global markets.

 

For more information, visit www.mysizeid.com.

 

Cautionary Note Regarding 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, growth opportunities, integration synergies, profitability, technology development and market expansion. 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

 

 

FAQ

How did MySize (MYSZ) perform financially in Q1 2026?

MySize reported Q1 2026 revenue of about $2.39 million, up 62% year-over-year. Gross profit rose to roughly $940 thousand with a 39.3% margin, while net loss widened to about $1.48 million compared with $1.06 million a year earlier.

What drove MySize’s 62% revenue growth in the first quarter of 2026?

The 62% revenue increase to approximately $2.39 million was primarily driven by growth in MySize’s fashion e-commerce operations and the inclusion of Percentil revenue in consolidated results, reflecting expansion of its integrated AI fashion and resale platform.

How did MySize’s gross margin change in Q1 2026 versus Q1 2025?

Gross margin improved significantly, rising to 39.3% in Q1 2026 from 28.4% in Q1 2025. This was supported by 124% growth in gross profit to about $940 thousand, indicating better profitability on each dollar of revenue.

What was MySize’s net loss and cash position as of March 31, 2026?

MySize recorded a Q1 2026 net loss of roughly $1.48 million, compared to $1.06 million a year earlier. As of March 31, 2026, it held about $910 thousand in cash, cash equivalents and restricted cash on its balance sheet.

How are Percentil, ShoeSize.Me, Orgad and Naiz Fit contributing to MySize?

MySize is integrating Percentil and ShoeSize.Me with existing operations like Orgad and Naiz Fit to build an AI-driven fashion platform. These businesses support e-commerce, resale, sizing technology and distribution across multiple market segments.

Filing Exhibits & Attachments

4 documents