---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031662"
form_type: "8-K"
ticker: "HOUR"
cik: "0001874875"
company_name: "Hour Loop, Inc"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:31:41.022957+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hour Loop Q3 revenue $17.6M (+68% YoY); raises FY2022 guidance to $91-100M

## Summary
- Total revenues $17.6M, up 68.4% YoY and 18.6% QoQ; net income $0.15M vs $0.30M YoY (EPS $0.005).
- Gross margin 54.43%, up 158 bps YoY; operating expenses $9.5M, up 78.8%.
- Cash $1.7M (down from $10.6M); inventory $21.4M (up from $7.0M).
- Full year 2022 revenue guidance raised to $91M-$100M (36%-50% YoY growth).

## SEC filing metadata
- accession: 0001493152-22-031662
- form_type: 8-K
- ticker: HOUR
- cik: 0001874875
- company_name: Hour Loop, Inc
- filed_at: 2022-11-14T23:59:59+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/1874875/000149315222031662/0001493152-22-031662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031662
- JSON: https://secwatch.observer/filing/0001493152-22-031662.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031662.txt

## Key facts
- Earnings Releases
  Hour Loop, Inc reported full year 2022 results: revenue in the range of $91 million to $100 million. Guidance raised.
  - Period: full year 2022
  - Revenue: in the range of $91 million to $100 million
  - Guidance: raised
  - Result: guidance update
  source text: For the full year 2022, the Company is raising its guidance for gross revenue to be in the range of $91 million to $100 million, representing 36% to 50% year-over-year growth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm
- Earnings Releases
  Hour Loop, Inc reported the third quarter ended September 30, 2022 results: revenue $17.6 million, net income $0.15 million, EPS $0.005 per diluted share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $17.6 million
  - Net income: $0.15 million
  - EPS: $0.005 per diluted share
  - Result: reported results
  source text: Third Quarter 2022 Financial Results Total revenues in the third quarter of 2022 were $17.6 million compared to $10.4 million in the year-ago period and $14.8 million for the second quarter of 2022, respectively. The increase was primarily due to continued growth and maturity in our operating model, despite a continuation in overall e-commerce traffic slowdown. Gross profit percentage increased 1.58% to 54.43%, compared to 52.85% of total revenues in the comparable period a year ago but decreased from 56.46% for the second quarter of 2022. The quarter-over-quarter increase was a function of our aggressive growth initiatives and a heightened inflationary environment causing higher cost of goods sold, increased FBA fees, and strong competition. Operating expenses increased 78.8% to $9.5 million compared to $5.3 million in the year- ago period. This was a function of increased platform fees paid to Amazon, and a significant increase in our labor force. Net income in the third quarter was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874875/000149315222031662/0001493152-22-031662-index.htm

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