---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-060219"
form_type: "8-K"
ticker: "LVLU"
cik: "0001780201"
company_name: "Lulu's Fashion Lounge Holdings, Inc."
filed_at: "2026-05-13T20:01:22+00:00"
generated_at: "2026-05-13T20:06:54.853499+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lulus Q1'26 net loss improves to $4.1M; gross margin up 480 bps, revenue down 10%

## Summary
- Net revenue $57.5M (down 10% YoY); net loss improved to $4.1M from $8.0M YoY.
- Gross margin expanded 480 bps to 45.1%; Adjusted EBITDA improved to ($1.5M) from ($4.7M).
- Active customers fell 11% YoY to 2.3M; total orders down 15%; AOV increased 4% to $142.
- Wholesale revenue doubled YoY; inventory reduced 17% to $33.1M; total debt down $1.1M.
- Free cash flow $6.5M; reaffirmed FY2027 financial outlook.

## SEC filing metadata
- accession: 0001104659-26-060219
- form_type: 8-K
- ticker: LVLU
- cik: 0001780201
- company_name: Lulu's Fashion Lounge Holdings, Inc.
- filed_at: 2026-05-13T20:01:22+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780201/000110465926060219/0001104659-26-060219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780201/000110465926060219/lvlu-20260513x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-060219
- JSON: https://secwatch.observer/filing/0001104659-26-060219.json
- Plain text: https://secwatch.observer/filing/0001104659-26-060219.txt

## Key facts
- Earnings Releases
  Lulu's Fashion Lounge Holdings, Inc. reported first quarter ended March 29, 2026 results: revenue $57.5 million, net income $4.1 million. Guidance reaffirmed.
  - Period: first quarter ended March 29, 2026
  - Revenue: $57.5 million
  - Net income: $4.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: in extending our momentum and driving improved profitability, cash generation, and customer engagement throughout the year.” ​ First Quarter 2026 Highlights: ● Net revenue of $57.5 million, a 10% decrease compared to the same period last year, driven by a 15% decrease in Total Orders Placed and the impact of higher return rates driven primarily from sales mix,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780201/000110465926060219/0001104659-26-060219-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.