Hour Loop Reports Second Quarter of 2026 Results
Hour Loop reported Q2 revenue of $33.9 million, up 25% year-over-year, driven by expanded inventory availability and improved sales execution. However, profitability and liquidity metrics deteriorated; net income fell to $1.1 million, gross margins contracted to 52.9%, and cash used in operations surged to $3.6 million compared to the prior year.
Key figures
- Eps
- 0.03
- Revenue
- 33900000
- Guidance
- FY2026 revenue $143.0M-$163.0M; net income $0.75M-$1.5M
- Revenue Yoy
- 25%
- Net income
- 1100000
- Gross margin
- 52.9%
AI analysis
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