Lovesac Co
lovesac.comWhat Do They Do?
Designs and sells modular couches, beanbag chairs and home-furnishing accessories to consumers.
10-K for FY2026, filed Apr 2, 2026We are a technology driven company that designs, manufactures and sells unique, high quality furniture derived through our proprietary…View ↗
Sactionals. Our Sactional product line currently represents a majority of our net sales. We believe our Sactionals platform is unlike…View ↗
Sacs. We believe that our Sacs product line is a category leader in oversized beanbags. The Sac product line offers 5 different sizes…View ↗
Our Designed for Life products provide flexibility, upgrade ability and sustainability, elements that attract a wide customer base and can…View ↗
How Do They Make Money?
Customers buy furniture and accessories; the company generally earns the sale when goods are handed to a carrier, though some customers pay deposits beforehand. It also exchanges returned open-box inventory for advertising media credits.
10-K for FY2026, filed Apr 2, 2026The Company's revenue consists substantially of product net sales. The Company reports product net sales net of discounts and recognizes…View ↗
In some cases, deposits are received before the Company transfers control, resulting in contract liabilities. These contract liabilities…View ↗
returned open-box inventory in exchange for media credits, which are being used to support our advertising initiatives to create brand…View ↗
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10-K for FY2026, filed Apr 2, 2026
FY2026 revenue by reportable segment ↗
$697.1M
-
10-K for FY2026, filed Apr 2, 2026
$697.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Sactionals
Sold outright
10-K for FY2026, filed Apr 2, 2026 |
91%
FY2023: 90%
|
Sactionals, FY2026
$634.8M Sources
|
Sold outright |
|
Sacs
Sold outright
|
6.1%
FY2023: 8.5%
|
Sacs, FY2026
$42.6M Sources
|
Sold outright |
|
Other
Sold outright
|
2.8%
FY2023: 1.8%
|
Other, FY2026
$19.7M Sources
|
Sold outright |
Who Are Their Customers?
Consumers shop through Lovesac's own showrooms and website, with pop-up shops and shop-in-shops offering additional places to see and buy its products.
10-K for FY2026, filed Apr 2, 2026We offer our products through an omni-channel platform that provides a seamless and meaningful experience to our customers online and…View ↗
Showrooms. We market and sell our products through 278 showroom locations strategically situated at top tier malls, lifestyle centers, and…View ↗
The Company offers its products through an inventory lean omni-channel platform that provides a seamless and meaningful experience to its…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 1 cent of every revenue dollar as net income in FY2026 and turned 4 cents into free cash flow.
10-K for FY2026, filed Apr 2, 2026
$5.4MView ↗
10-K for FY2026, filed Apr 2, 2026
$4.1MView ↗
10-K for FY2026, filed Apr 2, 2026
$26.2MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2027, filed Sep 10, 2026
$7.4MView ↗
- ▲ Now profitable
- vs −$6.7M in Q2 FY2026
10-Q for Q2 FY2027, filed Sep 10, 2026
Open tableView ↗
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Jun 15, 2026
The CFO resigned and a successor was appointed
Andrew Farag became CFO, while Keith Siegner moved to a non-executive role for a brief transition.
Sources
8-K, filed Jun 15, 2026
On June 10, 2026, the Board of Directors (the “Board”) of The Lovesac Company (the “Company”) appointed Mr. Andrew Farag to serve as…View ↗
Growing. Revenue grew 40% in 4 years, from $498.2M in FY2022 to $697.1M in FY2026, about 9% a year.
Broader product range
The product line has expanded beyond Sactionals, Sacs and accessories to add Snugg seating, a reclining seat and the PillowSac Chair.
10-K for FY2023, filed Mar 29, 2023 10-K for FY2026, filed Apr 2, 2026We are a technology driven company that designs, manufactures and sells unique, high quality furniture derived through our proprietary…View ↗
Sactionals. Our Sactional product line currently represents a majority of our net sales. We believe our Sactionals platform is unlike…View ↗
Sacs. We believe that our Sacs product line is a category leader in oversized beanbags. The Sac product line offers 5 different sizes…View ↗
In May 2025, the Company launched Snugg (previously referred to as EverCouch™), a new platform of premium seating. Snugg combines the…View ↗
New resale channel
The earlier report described Best Buy shop-in-shops and pop-ups; the latest says that partnership ended and adds a resale platform for inspected open-box products.
10-K for FY2023, filed Mar 29, 2023 10-K for FY2026, filed Apr 2, 2026Showrooms. We market and sell our products through 195 showroom locations at top tier malls, lifestyle centers, mobile concierge, kiosk…View ↗
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