The Lovesac Company
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $101.9M | $83.7M | $87.0M | $43.5M | $3.8M | $78.3M | $48.5M | $49.1M |
| Accounts Receivable | $11.7M | $16.8M | $13.5M | $9.1M | $15.4M | $4.5M | $7.2M | $4.0M |
| Inventory | — | — | — | — | — | $3.2M | $1.1M | — |
| Total Current Assets | $236.6M | $246.6M | $214.4M | $187.7M | $209.3M | $143.4M | $100.2M | $85.1M |
| Property, Plant & Equipment | $86.4M | $78.0M | $70.8M | $52.9M | $47.5M | $25.9M | $23.8M | $18.6M |
| Goodwill | $144.0K | $144.0K | $144.0K | $144.0K | $144.0K | $144.0K | $143.6K | $143.6K |
| Intangible Assets (Excl. Goodwill) | $2.4M | $1.6M | $1.5M | $1.4M | $1.4M | $1.5M | $1.4M | $942.3K |
| Total Assets | $534.7M | $532.3M | $482.2M | $408.6M | $401.1M | $171.0M | $125.7M | $105.0M |
| Liabilities | ||||||||
| Accounts Payable | $43.7M | $51.8M | $28.8M | $24.6M | $47.3M | $24.3M | $19.9M | $16.8M |
| Total Current Liabilities | $147.1M | $155.1M | $106.4M | $82.0M | $111.4M | $56.3M | $32.4M | $24.6M |
| Long-Term Debt | — | — | — | — | — | $78.0M | — | — |
| Total Liabilities | $316.0M | $315.9M | $264.7M | $215.5M | $241.6M | $63.1M | $35.5M | $26.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $23.9M | $25.8M | $34.4M | $10.5M | $-15.7M | $-63.4M | $-78.2M | $-63.0M |
| Total Stockholders' Equity | $218.7M | $216.4M | $217.5M | $193.1M | $159.4M | $107.9M | $90.2M | $78.8M |