LightInTheBox Holding Co., Ltd. (LITB) Q2 2026 Earnings Call Transcript
LightInTheBox Holding Co., Ltd. (LITB) Q2 2026 Earnings Call Transcript

LightInTheBox Holding Co., Ltd. functions as a global e-commerce enterprise, delivering a diverse selection of merchandise directly to consumers across the world. ...
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Est. EPS $0.63 · Revenue $251.80M · 1 analysts
Est. EPS $0.90 · Revenue $281.00M · 1 analysts
EPS $0.17 · Revenue $56.81M
EPS $0.13 · Revenue $52.13M
EPS $0.90 · Revenue $224.91M
EPS $0.32 · Revenue $55.45M
EPS $0.22 · Revenue $58.88M
EPS $0.01 · Revenue $47.02M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $224.9M | -11.9% | +9.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $8.3M | +433.5% | +35.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +65.0% | +8.2% | +1.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +3.2% | +470.6% | +104.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +3.7% | +478.6% | +24.1% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $6.2M | +112.2% | — |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +2.7% | +113.9% | — |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | -136.1% | -88.4% | -136.1% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.46x | +32.6% | +4.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $72.0M | +3.8% | +0.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.90 vs 0.63 | +42.9% | 0.17 vs 1.58 | -89.2% |
| Revenue Surprise | $224.9M vs $251.8M | -10.7% | $56.8M vs $3.3M | +1634.4% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 10, 2026 | He Jian | director, 10 percent owner, officer: Chief Executive Officer | Ordinary Shares, par value $ 0.000067 per share | A | 4,254,553 | $0.26 |
| Jun 22, 2026 | Chen Cheng LOL | director: | — | — | 0 | — |
| Apr 10, 2026 | Deng Lei | director | American Depositary Shares | — | 0 | — |
| Mar 18, 2026 | Wu Peng | director: | — | — | 0 | — |
| Mar 18, 2026 | Shi Bin Spencer | officer: Chief Technology Officer | American Depositary Shares | — | 0 | — |
Operator: Hello, ladies and gentlemen. Thank you for standing by for LightInTheBox's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded. I will now turn the call over to your host, Ms. Serena Huang. Please go ahead, Serena. Serena Huang: Thank you, operator. Hello, everyone, and welcome to LightInTheBox's Second Quarter 2026 Earnings Conference Call. The company's earnings results were released by Newswire services earlier today and are available on the company's IR website at ir.ador.com. On the call from LightInTheBox today are Mr. Jian He, CEO; and Ms. Wenyu Liu, CFO. Mr. He will provide an overview ofthe company's Q2 highlights, followed by Mr. Liu, who will go over its financial results. Following our prepared remarks, we will open the call to questions. Before we proceed, please note that today's discussion may contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from the company's current expectations. To understand the factors that could cause results to materially differ from those in forward-looking statements, please refer to the company's Form 20-F filed with the SEC -- the company does not assume any obligation to update any forward-looking statements, except as required under applicable law. Please also note that LightInTheBox's earnings press release and this conference call includes discussions of unaudited GAAP financial measures as well as unaudited non-GAAP financial measures. Please refer to the company's earnings press release, which contains a reconciliation of the unaudited non-GAAP measures to the unaudited GAAP measures. Now I'd like to turn the call over to LightInTheBox CEO, Mr. He. Please go ahead. Jian He: Good morning, and good evening, everyone. Thank you for joining LightInTheBox's Second Quarter 2026 Earnings Call. We are pleased to report excellent results for the first half and the second quarter of 2026. Our first half results provide a clear view of the progress we are making. Revenue increased 3% year-over-year to $108.8 million. Net income grew by approximately 28% to $2.7 million. Adjusted EBITDA also improved to $3.3 million. In the second quarter, revenue declined marginally as we phase out the long tail products despite a challenging external environment, gross margin remained resilient at 66%. Through its disciplined expense management we remain profitable, delivering net income of $1.6 million and adjusted EBITDA of $1.9 million. Over the past several years, we have steadily reshaped LightInTheBox and laid the foundation for sustainable profitable growth. From 2023 to 2024, we invested in our property apparel brands and strengthened our in-house product development and the production capabilities. These investments gave us greater control …
| Name | Title | Gender | Year Born | Status |
|---|---|---|---|---|
Wenyu Liu | Chief Financial Officer | Female | 1985 | Active |
Suhai Ji | Chief Financial Officer | Male | 1976 | Active |
Jian He | CEO & Chairman of the Board | Male | 1981 | Active |
Bin Shi | Chief Technology Officer | Male | 1978 | Active |
LightInTheBox Holding Co., Ltd. (LITB) Q2 2026 Earnings Call Transcript

LightInTheBox NYSE: LITB reported second-quarter revenue of $57 million, down 4% from a year earlier, as the company continued to phase out long-tail products. Despite the revenue decline and what management described as a challenging external environment, the company maintained a gross margin above 66% and remained profitable.

SINGAPORE, Aug. 26, 2026 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global consumer lifestyle company, today announced its unaudited financial results for the second quarter ended June 30, 2026.

SINGAPORE, Aug. 21, 2026 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global consumer lifestyle company, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2026 before the open of U.S. markets on Wednesday, August 26, 2026.

Chairman and CEO Jian He Participates in the Financing, Reinforcing Long-Term Alignment with Shareholders SINGAPORE, Aug. 13, 2026 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global consumer lifestyle company, announced the completion of a private placement financing on August 10, 2026, raising approximately $5.49 million in gross proceeds.
