---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-027400"
form_type: "8-K"
ticker: "HOUR"
cik: "0001874875"
company_name: "Hour Loop, Inc"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:34:18.086158+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hour Loop Q2 revenue up 51.5% to $22.4M; net loss widens; raises FY revenue guidance

## Summary
- Net revenues $22.4M (+51.5% YoY); net loss $0.8M ($0.02/diluted share) vs $0.3M loss a year ago.
- Gross margin fell to 50.7% from 56.5% due to competition and higher Amazon fees.
- Cash dropped to $1.1M from $4.6M at year-end 2022; inventory down to $14.4M from $18.8M.
- Full-year 2023 gross revenue guidance raised to $132M-$145M (30-40% YoY growth); net income kept at $0.5M-$4M.

## SEC filing metadata
- accession: 0001493152-23-027400
- form_type: 8-K
- ticker: HOUR
- cik: 0001874875
- company_name: Hour Loop, Inc
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/0001493152-23-027400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-027400
- JSON: https://secwatch.observer/filing/0001493152-23-027400.json
- Plain text: https://secwatch.observer/filing/0001493152-23-027400.txt

## Key facts
- Earnings Releases
  Hour Loop, Inc reported the quarter ended June 30, 2023 results: revenue $22.4 million, net income $0.8 million, EPS $0.02 per diluted share. Guidance raised.
  - Period: the quarter ended June 30, 2023
  - Revenue: $22.4 million
  - Net income: $0.8 million
  - EPS: $0.02 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: retailer, announces its financial and operational results for the quarter ended June 30, 2023. Financial Highlights for Second Quarter 2023: ● Net revenues increased 51.5% to $22.4 million, compared to $14.8 million in the year-ago period; ● Net loss totaled $0.8 million, compared to $0.3 million in the year-ago period; and ● Cash used for operating activities
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874875/000149315223027400/0001493152-23-027400-index.htm

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