Lulu's Fashion Lounge Holdings, Inc.
Business
Lulu's Fashion Lounge Holdings, Inc. is a women's clothing brand offering modern, feminine styles at accessible prices for every occasion, primarily serving Gen Z and Millennial women. The company sells women's apparel, footwear, and accessories through its owned digital-first channels (website, mobile app, email, SMS, social media) and increasingly through wholesale partnerships with department stores. Lulu's operates a single integrated business model centered on direct-to-consumer e-commerce with expanding wholesale distribution, supported by proprietary technology, data-driven product curation, and personalized customer service.
Summary from 10-K filed 2026-03-30
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 282 | 316 | 355 | 440 | 376 | |
| Cost of revenue | 160 | 186 | 207 | 248 | 199 | |
| Gross profit | 122 | 130 | 148 | 191 | 177 | |
| Selling and marketing expenses | 67 | 73 | 76 | 84 | 67 | |
| General and administrative expenses | 68 | 81 | 92 | 99 | 88 | |
| Goodwill impairment | 0 | 28 | 0 | 0 | — | |
| Loss from operations | −13 | −52 | −20 | 9 | 22 | |
| Interest expense | −2 | −1 | −2 | −1 | — | |
| Other income, net | 2 | 705,000 | 933,000 | 136,000 | 85,000 | |
| Loss before benefit (provision) for income taxes | −14 | −53 | −21 | 8 | 8 | |
| Income tax benefit (provision) | −188,000 | −2 | 2 | −4 | 6 | |
| Net loss and comprehensive loss | −14 | −55 | −19 | 4 | 2 | |
| Basic loss per share (In dollars per share) | −4.9 | −20 | −7.27 | 0.1 | −6.08 | |
| Diluted loss per share (In dollars per share) | −4.9 | −20 | −7.27 | 0.1 | −6.08 | |
| Basic weighted-average shares outstanding (In shares) | 3 | 3 | 3 | 39 | 20 | |
| Diluted weighted-average shares outstanding (In shares) | 3 | 3 | 3 | 39 | 20 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 4 | 3 | 10 | 11 | |
| Accounts receivable | 2 | 2 | 4 | 4 | 6 | |
| Inventory, net | 32 | 34 | 35 | 43 | 22 | |
| Assets for recovery | 2 | 2 | 3 | 4 | 4 | |
| Income tax refund receivable, net | 1 | 4 | 3 | 4 | 748,000 | |
| Prepaids and other current assets | 4 | 4 | 5 | 4 | 5 | |
| Total current assets | 44 | 52 | 53 | 69 | 49 | |
| Property and equipment, net | 2 | 4 | 5 | 4 | 3 | |
| Goodwill | 7 | 7 | 35 | 35 | 35 | |
| Tradename | 19 | 19 | 19 | 19 | 19 | |
| Intangible assets, net | 3 | 3 | 3 | 3 | 2 | |
| Lease right-of-use assets | 15 | 24 | 30 | 33 | — | |
| Other noncurrent assets | 639,000 | 698,000 | 5 | 4 | 5 | |
| Total assets | 89 | 108 | 149 | 167 | 114 | |
| Accounts payable | 8 | 11 | 9 | 5 | 4 | |
| Accrued expenses and other current liabilities | 17 | 16 | 18 | 18 | 22 | |
| Returns reserve | 10 | 10 | 8 | 9 | 10 | |
| Stored-value card liability | 18 | 18 | 13 | 11 | 7 | |
| Asset based revolving credit facility - current | 14 | — | — | — | — | |
| Revolving line of credit | — | 13 | 8 | — | — | |
| Lease liabilities, current | 6 | 7 | 6 | 4 | — | |
| Total current liabilities | 75 | 74 | 62 | 48 | 43 | |
| Lease liabilities, noncurrent | 10 | 20 | 25 | 29 | — | |
| Other noncurrent liabilities | 898,000 | 852,000 | 1 | 623,000 | 1 | |
| Total liabilities | 86 | 95 | 88 | 102 | 69 | |
| Commitments and Contingencies (Note 7) | — | — | — | — | — | |
| Preferred stock: $0.001 par value, 10,000,000 shares authorized, and no shares issued or outstanding | — | — | — | — | — | |
| Common stock: $0.001 par value, 250,000,000 shares authorized; 2,971,729 and 2,804,542 shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively | 43,000 | 42,000 | 41,000 | 39,000 | 38,000 | |
| Additional paid-in capital | 267 | 262 | 254 | 239 | 222 | |
| Accumulated deficit | −262 | −248 | −193 | −174 | −178 | |
| Treasury stock, at cost, 146,555 shares and 22,621 shares as of December 28, 2025 and December 29, 2024, respectively | −1 | −496,000 | — | — | — | |
| Total stockholders' equity | 3 | 13 | 61 | 65 | 45 | |
| Total liabilities and stockholders' equity | 89 | 108 | 149 | 167 | 114 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −14 | −55 | −19 | 4 | 2 | |
| Depreciation and amortization | 5 | 5 | 5 | 4 | 3 | |
| Noncash lease expense | 5 | 4 | 4 | 3 | — | |
| Gain on lease modification | −100,000 | — | — | — | — | |
| Gain on lease termination | −200,000 | — | — | — | — | |
| Amortization of debt discount and debt issuance costs | 544,000 | 159,000 | 156,000 | 157,000 | 2 | |
| Loss on disposal of property and equipment | 2,000 | 276,000 | 19,000 | — | — | |
| Equity-based compensation expense | 4 | 8 | 18 | 16 | 14 | |
| Deferred income taxes | — | 4 | −3 | 2 | −2 | |
| Accounts receivable | 446,000 | 1 | 366,000 | 2 | −2 | |
| Inventories | 2 | 1 | 8 | −21 | −5 | |
| Assets for recovery | 186,000 | 728,000 | 779,000 | −136,000 | −3 | |
| Income taxes (receivable) payable | 3 | −832,000 | 3 | −4 | 2 | |
| Prepaid and other current assets | 101,000 | 1 | −2 | 694,000 | −3 | |
| Accounts payable | −3 | 2 | 4 | 1 | −3 | |
| Accrued expenses and other current liabilities | 2 | 5 | 918,000 | 2 | 21 | |
| Operating lease liabilities | −4 | −3 | −3 | −3 | — | |
| Other noncurrent liabilities | 47,000 | 368,000 | −46,000 | 8,000 | −1 | |
| Net cash provided by operating activities | 1 | 3 | 15 | 6 | 27 | |
| Capitalized software development costs | −2 | −2 | −2 | −3 | −2 | |
| Purchases of property and equipment | −350,000 | −1 | −2 | −3 | −1 | |
| Other | 35,000 | — | −68,000 | −112,000 | −425,000 | |
| Net cash used in investing activities | −2 | −3 | −4 | −5 | −3 | |
| Proceeds from issuance of common stock under ESPP | 69,000 | 239,000 | 487,000 | — | — | |
| Principal payments on finance lease obligations | −1 | −1 | −983,000 | −786,000 | — | |
| Withholding tax payments related to vesting of RSUs and 2023 Bonus Plan | −240,000 | −1 | −2 | −1 | — | |
| Repurchase of common stock | −886,000 | −496,000 | — | — | — | |
| Other | — | — | −6,000 | −32,000 | −24,000 | |
| Net cash provided by (used in) financing activities | −1 | 2 | −19 | −3 | −28 | |
| Net increase (decrease) in cash and cash equivalents | −2 | 2 | −8 | −2 | −4 | |
| Income taxes, net | −3 | −1 | −2 | 6 | 6 | |
| Interest | 2 | 1 | 2 | 893,000 | 9 | |
| Operating leases | 5 | 5 | 5 | 5 | — | |
| Finance leases | 1 | 1 | 1 | 786,000 | — | |
| Right-of-use assets acquired under operating lease obligations | — | — | 1 | 2 | — | |
| Assets acquired under finance lease obligations | — | 42,000 | 983,000 | 5 | — | |
| Purchases of property and equipment included in accounts payable and accrued expenses | 12,000 | 3,000 | 175,000 | 259,000 | 55,000 | |
| Capitalized software development costs included in accrued expenses | 40,000 | — | — | — | — | |
| Remeasurement of operating lease right-of-use assets for lease modification | 4 | — | — | 2 | — | |
| Derecognition of operating lease liabilities and assets upon lease termination | 342,000 | — | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Lulu's Fashion Lounge Holdings, Inc.'s CIK number?
Lulu's Fashion Lounge Holdings, Inc.'s SEC CIK number is 0001780201 (1780201). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Lulu's Fashion Lounge Holdings, Inc.'s SEC filings?
All of Lulu's Fashion Lounge Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Lulu's Fashion Lounge Holdings, Inc. last report earnings?
Lulu's Fashion Lounge Holdings, Inc. (LVLU) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-060219). This is Lulu's Fashion Lounge Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Lulu's Fashion Lounge Holdings, Inc.'s most recent earnings 8-K?
Lulu's Fashion Lounge Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001104659-26-060219. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Lulu's Fashion Lounge Holdings, Inc.'s latest earnings 8-K →
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