LOVE on Nasdaq

LoveSac

American furniture retailer

The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories.³ From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$697.1MRevenue, fiscal 2026⁴

$4.1MNet income, fiscal 2026⁴

1995Founded¹

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TickerLOVE on Nasdaq¹
IndustryRetail-Furniture Stores¹
HeadquartersStamford¹
Websitewww.lovesac.com
Legal formcompany¹
Incorporated inDE⁵
Business address421 Atlantic Street, Suite 200, Stamford, Ct⁵
Filer categoryAccelerated filer⁵

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LoveSac image from its website — Image: lovesac.com⁷

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

56.4%Gross margin⁴

0.8%Operating margin⁴

0.6%Net margin⁴

2.4%Revenue growth, 2026⁴

1.9%Return on equity⁴

$26.2MFree cash flow⁴

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Sactionals brought in 91% of the revenue LoveSac broke down this way in fiscal 2026.

Sactionals$634.8M⁴91%up 2% from 2025
Sacs$42.6M⁴6%down 13% from 2025
Other Operating$19.7M⁴3%up 99% from 2025

Business segments by year

Business segments	2024	2025	2026
Sactionals	$637.4M	$621.9M	$634.8M
Sacs	$51.7M	$48.8M	$42.6M
Other Operating	$11.2M	$9.9M	$19.7M

Where the money goes

Where each dollar of revenue went, fiscal 2026

Cost of revenueSelling, general and adminOther costs

Cost of revenue44¢$303.9M
Research and development1¢$7.0M
Selling, general and admin41¢$284.0M
Other costs14¢$95.6M
Income tax0¢$2.6M
Profit1¢$4.1M

Out of $697.1M in revenue.⁴

Where each dollar of operating cash went, fiscal 2026

Capital spendingShare buybacksKept or used elsewhere

Capital spending47¢$23.1M
Share buybacks12¢$6.0M
Kept or used elsewhere41¢$20.2M

Out of $49.3M of cash from operations.⁴

Financial statements

Revenue⁸⁹¹⁰¹¹¹²⁴$697.1M in 2026+320% since 2019

Gross profit⁸⁹¹⁰¹¹¹²⁴$393.2M in 2026+333% since 2019

Operating income⁸⁹¹⁰¹¹¹²⁴$5.4M in 2026

Net income⁸⁹¹⁰¹¹¹²⁴$4.1M in 2026

Every line of the income statement as filed: the last 3 fiscal years, latest first.⁴

Period ending	2026-01-31	2025-01-31	2024-01-31
Net sales	$697.1M	$680.6M	$700.3M
Cost of merchandise sold	$303.9M	$282.8M	$299.2M
Gross profit	$393.2M	$397.8M	$401.0M
Selling, general and administrative expenses	$284.0M	$281.4M	$264.3M
Advertising and marketing	$88.7M	$88.0M	$94.0M
Depreciation and amortization	$15.2M	$14.7M	$12.6M
Total operating expenses	$387.9M	$384.2M	$371.0M
Operating income	$5.4M	$13.6M	$30.1M
Interest and other income, net	$1.3M	$2.8M	$1.7M
Net income before taxes	$6.7M	$16.4M	$31.8M
Income tax expense	$2.6M	$4.9M	$8.0M
Net income	$4.1M	$11.6M	$23.9M
Basic (in dollars per share)	$0.28	$0.75	$1.55
Diluted (in dollars per share)	$0.28	$0.69	$1.45
Basic (in shares)	14.7M shares	15.5M shares	15.4M shares
Diluted (in shares)	14.7M shares	16.8M shares	16.5M shares

Total assets⁸¹⁵⁹¹⁰¹¹¹²⁴$534.7M in 2026+409% since 2019

Total liabilities⁸¹⁵⁹¹⁰¹¹¹²⁴$316.0M in 2026+1104% since 2019

Shareholders’ equity⁸¹⁵¹¹¹⁰⁴$218.7M in 2026+178% since 2019

Cash¹⁵⁹¹⁰¹¹¹²⁴$101.9M in 2026+108% since 2019

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.⁴

Period ending	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Cash and cash equivalents	$101.9M	$83.7M
Trade accounts receivable, net	$11.7M	$16.8M
Merchandise inventories, net	$106.3M	$124.3M
Prepaid expenses	$10.5M	$14.8M
Other current assets	$6.3M	$6.9M
Total Current Assets	$236.6M	$246.6M
Property and equipment, net	$86.4M	$78.0M
Operating lease right-of-use assets	$163.3M	$157.8M
Goodwill	$144.0K	$144.0K
Intangible assets, net	$2.4M	$1.6M
Deferred tax asset	$13.4M	$15.3M
Other assets	$32.4M	$32.9M
Total Assets	$534.7M	$532.2M
Accounts payable	$43.7M	$51.8M
Accrued expenses	$38.8M	$52.0M
Payroll payable	$21.9M	$9.5M
Customer deposits	$11.5M	$11.2M
Current operating lease liabilities	$24.1M	$22.7M
Sales taxes payable	$7.0M	$7.9M
Total Current Liabilities	$147.1M	$155.1M
Operating lease liabilities, long-term	$168.4M	$160.4M
Income tax payable, long-term	$464.0K	$424.0K
Line of credit	$0	$0
Total Liabilities	$316.0M	$315.9M
Preferred stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of February 1, 2026 and February 2, 2025.	$0	$0
Common stock $0.00001 par value, 40,000,000 shares authorized, 14,617,238 shares issued and outstanding as of February 1, 2026 and 14,786,934 shares issued and outstanding as of February 2, 2025.	$0	$0
Additional paid-in capital	$194.8M	$190.5M
Accumulated earnings	$23.9M	$25.8M
Stockholders Equity	$218.7M	$216.4M	$217.5M	$193.1M
Total Liabilities and Stockholders Equity	$534.7M	$532.2M
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	10.0M shares	10.0M shares
Preferred stock, shares issued (in shares)	0 shares	0 shares
Preferred stock, shares outstanding (in shares)	0 shares	0 shares
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	40.0M shares	40.0M shares
Common stock, shares issued (in shares)	14.6M shares	14.8M shares
Common stock, shares outstanding (in shares)	14.6M shares	14.8M shares

Period ending	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Cash and cash equivalents	$101.9M	$83.7M
Trade accounts receivable, net	$11.7M	$16.8M
Merchandise inventories, net	$106.3M	$124.3M
Prepaid expenses	$10.5M	$14.8M
Other current assets	$6.3M	$6.9M
Total Current Assets	$236.6M	$246.6M
Property and equipment, net	$86.4M	$78.0M
Operating lease right-of-use assets	$163.3M	$157.8M
Goodwill	$144.0K	$144.0K
Intangible assets, net	$2.4M	$1.6M
Deferred tax asset	$13.4M	$15.3M
Other assets	$32.4M	$32.9M
Total Assets	$534.7M	$532.2M
Accounts payable	$43.7M	$51.8M
Accrued expenses	$38.8M	$52.0M
Payroll payable	$21.9M	$9.5M
Customer deposits	$11.5M	$11.2M
Current operating lease liabilities	$24.1M	$22.7M
Sales taxes payable	$7.0M	$7.9M
Total Current Liabilities	$147.1M	$155.1M
Operating lease liabilities, long-term	$168.4M	$160.4M
Income tax payable, long-term	$464.0K	$424.0K
Line of credit	$0	$0
Total Liabilities	$316.0M	$315.9M
Preferred stock $0.00001 par value, 10,000,000 shares authorized, no shares issued or outstanding as of February 1, 2026 and February 2, 2025.	$0	$0
Common stock $0.00001 par value, 40,000,000 shares authorized, 14,617,238 shares issued and outstanding as of February 1, 2026 and 14,786,934 shares issued and outstanding as of February 2, 2025.	$0	$0
Additional paid-in capital	$194.8M	$190.5M
Accumulated earnings	$23.9M	$25.8M
Stockholders Equity	$218.7M	$216.4M	$217.5M	$193.1M
Total Liabilities and Stockholders Equity	$534.7M	$532.2M
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	10.0M shares	10.0M shares
Preferred stock, shares issued (in shares)	0 shares	0 shares
Preferred stock, shares outstanding (in shares)	0 shares	0 shares
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	40.0M shares	40.0M shares
Common stock, shares issued (in shares)	14.6M shares	14.8M shares
Common stock, shares outstanding (in shares)	14.6M shares	14.8M shares

Cash from operations⁸⁹¹⁰¹¹¹²⁴$49.3M in 2026

Capital spending⁸⁹¹⁰¹¹¹²⁴$23.1M in 2026+115% since 2019

Free cash flow⁸⁹¹⁰¹¹¹²⁴$26.2M in 2026

Share buybacks¹²⁴$6.0M in 2026

Every line of the cash flow as filed: the last 3 fiscal years, latest first.⁴

Period ending	2026-01-31	2025-01-31	2024-01-31
Net income	$4.1M	$11.6M	$23.9M
Depreciation and amortization of property and equipment	$14.9M	$14.3M	$12.2M
Amortization of other intangible assets	$319.0K	$418.0K	$429.0K
Amortization of deferred financing fees	$73.0K	$127.0K	$159.0K
Net loss on disposal of property and equipment	$466.0K	$140.0K	$235.0K
Gain on lease termination	-$167.0K	$0	-$131.0K
Impairment of long-lived assets	$1.5M	$0	$0
Equity based compensation	$5.5M	$7.9M	$4.2M
Non-cash lease expense	$27.1M	$25.2M	$22.6M
Deferred income taxes	$1.9M	-$4.5M	-$2.1M
Trade accounts receivable	$5.0M	-$3.3M	-$4.4M
Merchandise inventories	$18.0M	-$25.9M	$21.2M
Prepaid expenses and other current assets	$5.0M	-$6.1M	-$164.0K
Other assets	$486.0K	-$4.2M	-$6.3M
Accounts payable	-$8.9M	$22.4M	$2.7M
Accrued expenses and other payables	-$1.5M	$17.5M	$14.0M
Operating lease liabilities	-$24.9M	-$19.5M	-$14.0M
Customer deposits	$294.0K	$3.0M	$1.5M
Other liabilities	$40.0K	-$28.0K	$452.0K
Net cash provided by operating activities	$49.3M	$39.0M	$76.4M
Purchase of property and equipment	-$23.1M	-$21.0M	-$28.7M
Payments for patents and trademarks	-$885.0K	-$491.0K	-$475.0K
Net cash used in investing activities	-$24.0M	-$21.5M	-$29.2M
Taxes paid for net share settlement of equity awards	-$1.2M	-$530.0K	-$3.7M
Repurchases of common stock	-$6.0M	-$19.9M	$0
Proceeds from the line of credit	$0	$0	$255.0K
Payments on the line of credit	$0	$0	-$255.0K
Payment of deferred financing costs	-$12.0K	-$303.0K	-$52.0K
Net cash used in financing activities	-$7.2M	-$20.8M	-$3.7M
Net change in cash and cash equivalents	$18.1M	-$3.3M	$43.5M
Cash paid for taxes	$10.0M	$8.4M	$1.8M
Cash paid for interest	$122.0K	$112.0K	$146.0K
Asset acquisitions not yet paid for at period end	$1.8M	$1.2M	$1.6M
Leasehold improvements acquired through lease incentive	$1.8M	$0	$0

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The story

Founded by Shawn David Nelson in 1995.¹

Lovesac was created in 1995 by Shawn D. Nelson, who formerly hand-made the chairs and delivered them to other students at the University of Utah. In 2005, Nelson won Fox's Rebel Billionaire reality show. The company relocated from Salt Lake City to Stamford, Connecticut in 2006, as it raised private-equity capital in the area. Lovesac joined the Nasdaq stock exchange on Wednesday, June 27, 2018, trading under the symbol LOVE.

In January 2006, the company filed for Chapter 11 bankruptcy protection. They left Chapter 11 protection in August 2006.

In 2012, Lovesac was named the fastest growing furniture company in the U.S. by Furniture Today magazine as well as recognized for being one of the top 100 furniture companies.

According to founder Shawn David Nelson, Lovesac planned to move 75% of its production out of China by 2020, due to trade war tariffs. As of late 2019, 40% of Lovesac's manufacturing was done in Vietnam and Malaysia, which were free of the tariff levels.

From Wikipedia’s article on LoveSac, shared under CC BY-SA 4.0.⁶

Leadership

Who has led LoveSac, and when. Pick a name to see everywhere that person has worked.

Chief executive

Shawn David Nelson2018–now

President

Albert Jack Krause2018–2021

Chief financial officer

Chief operating officer

Albert Jack Krause2018–2021

200020052010201520202025

FounderShawn David Nelson¹
Chief executive officerShawn David Nelson Jun 26, 2018 to now¹⁶
PresidentAlbert Jack Krause Jun 26, 2018 to Jul 15, 2021¹⁷
Chief financial officerAndrew Farag Jun 24, 2026 to now¹⁸
Chief financial officerKeith R. Siegner Jun 30, 2023 to Jun 24, 2026¹⁹
Chief financial officerDonna Dellomo Feb 4, 2019 to Jun 8, 2023²⁰
Chief operating officerAlbert Jack Krause Jun 26, 2018 to Jul 15, 2021¹⁷

Board members and other officers (16)

Chief Strategy OfficerAlbert Jack Krause Jan 18, 2022 to Jun 8, 2023²¹
Executive Vice President, ChieDonna Dellomo Jun 26, 2018 to Jun 26, 2018²²
Board memberAlan Boehme Sep 8, 2025 to now²³
Board memberWan Ling Martello Nov 25, 2025 to now²⁴
Board memberVineet Mehra Jul 1, 2022 to now²⁵
Board memberSharon M. Leite Jun 8, 2021 to now²⁶
Board memberShirley Romig Jun 17, 2020 to now²⁷
Board memberAlbert Jack Krause Feb 4, 2019 to now²⁸
Board memberWalter Field McLallen Oct 4, 2019 to now²⁹
Board memberChristopher Bradley Jun 26, 2018 to Jun 26, 2018³⁰
Board memberDavid Yarnell Jun 26, 2018 to Jun 26, 2018³¹
Board memberJared Rubin Jun 26, 2018 to Oct 4, 2019³²
Board memberJohn Richard Grafer Jun 26, 2018 to Jun 13, 2024³³
Board memberShawn David Nelson Jun 26, 2018 to now¹⁶
Board memberWilliam Phoenix Jun 26, 2018 to Jan 20, 2021³⁴
Board memberAndrew R. Heyer Jul 23, 2018 to now³⁵

Products and brands

Sactionals are Lovesac's modular sectional couches.

Snugg Sofas, Loveseats, and Chairs offer Lovesac comfort and quality in a smaller (and simpler) footprint.

Sacs are premium bean bag chairs with proprietary filling (Durafoam).

PillowSac Chairs convert the PillowSac bean bag chair into a more structured accent chair.

From Wikipedia’s article on LoveSac, shared under CC BY-SA 4.0.⁶

Timeline

Jun 26, 2018New chief executive Shawn David Nelson becomes CEO¹⁶
1995Founded Founded¹

Filings

341 filings to the SEC since October 2021: 7 annual reports, 17 quarterly reports, 45 major events, 191 insider forms, 49 large holders, 32 other. The latest 20:

Sep 11, 20264 EDGAR
Sep 10, 202610-Q EDGAR
Sep 10, 20268-K EDGAR
Jul 21, 20264 EDGAR
Jul 17, 20264 EDGAR
Jul 16, 2026144 EDGAR
Jun 24, 20264 EDGAR
Jun 24, 20263 EDGAR
Jun 23, 20264 EDGAR
Jun 22, 20264 EDGAR
Jun 22, 20264 EDGAR
Jun 15, 20264 EDGAR
Jun 15, 20264 EDGAR
Jun 15, 20264 EDGAR
Jun 15, 20268-K CURRENT REPORT EDGAR
Jun 11, 202610-Q EDGAR
Jun 11, 20268-K EDGAR
Jun 10, 20264/A EDGAR
Jun 10, 20264 EDGAR
Jun 10, 20264 EDGAR

The 341 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 49 such filings since October 2021, the latest 10:

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
BlackRock, Inc.	1,213,318	$20.3M	0.0%	+170,737
Anson Funds Management LP	1,183,986	$19.8M	1.8%	−1,183,986
Senvest Management, LLC	990,212	$16.5M	0.5%	−35,181
Fmr LLC	980,626	$16.4M	0.0%	−64,105
Hood River Capital Management LLC	953,213	$15.9M	0.1%	−17,684
Arrowstreet Capital, Limited Partnership	755,111	$12.6M	0.0%	−7,727
Dimensional Fund Advisors LP	625,820	$10.4M	0.0%	+38,121
AWM Investment Company, Inc.	610,402	$10.2M	0.9%	+110,400
Vanguard Capital Management LLC	598,919	$10.0M	0.0%	+1,252
Invenomic Capital Management LP	413,318	$6.9M	0.4%	−53,430
Nomura Holdings Inc	405,015	$6.8M	0.0%	+4
Geode Capital Management, LLC	364,449	$6.1M	0.0%	+26,716
Bastion Asset Management Inc.	344,484	$5.4M	1.8%	−11,613
Skylands Capital, LLC	314,647	$5.3M	0.6%	−18,300
State Street Corp	286,722	$4.8M	0.0%	−12,836
Aqr Capital Management LLC	272,794	$4.6M	0.0%	+238,851
BCGM Wealth Management, LLC	263,157	$4.4M	0.9%	+11,717
Isthmus Partners, LLC	248,115	$4.1M	0.4%	+7,929
D. E. Shaw & Co., Inc.	221,315	$3.7M	0.0%	+10,718
American Century Companies Inc	198,533	$3.3M	0.0%	+161,381
Soltis Investment Advisors LLC	167,313	$2.8M	0.2%	+91,031
Morgan Stanley	159,818	$2.7M	0.0%	−580
Vanguard Portfolio Management LLC	148,943	$2.5M	0.0%	+19,516
Goldman Sachs Group Inc	119,564	$2.0M	0.0%	−15,779
Northern Trust Corp	112,752	$1.9M	0.0%	+13,014

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataLoveSac on Wikidata
2
SEC EDGARLoveSac filings on SEC EDGAR
3
WikipediaLoveSac on Wikipedia
4
SEC EDGARLoveSac 10-K for fiscal 2026
5
SEC EDGARLoveSac filings on SEC EDGAR
6
WikipediaLoveSac on Wikipedia (revision used)
7
Company websiteLoveSac photo
8
SEC EDGARLoveSac 10-K for fiscal 2019
9
SEC EDGARLoveSac 10-K for fiscal 2020
10
SEC EDGARLoveSac 10-K for fiscal 2021
11
SEC EDGARLoveSac 10-K for fiscal 2022
12
SEC EDGARLoveSac 10-K for fiscal 2023
13
SEC EDGARLoveSac 10-Q for fiscal 2026
14
SEC EDGARLoveSac 10-Q for fiscal 2026
15
SEC EDGARLoveSac 10-K for fiscal 2020
16
SEC EDGARShawn David Nelson, Chief executive officer
17
SEC EDGARAlbert Jack Krause, President
18
SEC EDGARAndrew Farag, Chief financial officer
19
SEC EDGARKeith R. Siegner, Chief financial officer
20
SEC EDGARDonna Dellomo, Chief financial officer
21
SEC EDGARAlbert Jack Krause, Chief Strategy Officer
22
SEC EDGARDonna Dellomo, Executive Vice President, Chie
23
SEC EDGARAlan Boehme, Board member
24
SEC EDGARWan Ling Martello, Board member
25
SEC EDGARVineet Mehra, Board member
26
SEC EDGARSharon M. Leite, Board member
27
SEC EDGARShirley Romig, Board member
28
SEC EDGARAlbert Jack Krause, Board member
29
SEC EDGARWalter Field McLallen, Board member
30
SEC EDGARChristopher Bradley, Board member
31
SEC EDGARDavid Yarnell, Board member
32
SEC EDGARJared Rubin, Board member
33
SEC EDGARJohn Richard Grafer, Board member
34
SEC EDGARWilliam Phoenix, Board member
35
SEC EDGARAndrew R. Heyer, Board member