Hour Loop Q1 revenue $29.9M (+16% YoY); net income $0.82M; reaffirms FY guidance

Hour Loop, Inc

2026-Q1 EPS reported $0.02 revenue$29,930,342

Net revenues $29.9M, up 16% from $25.8M YoY; net income $0.82M ($0.02 EPS) vs $0.65M.
Gross margin fell to 53.5% from 54.7% due to higher storage fees and inbound costs from inventory buildup.
Operating expenses as % of revenue improved to 49.7% from 51.2% on greater leverage and efficiency.
Cash dropped to $0.9M from $3.8M at Dec 31, 2025, reflecting inventory investment and related party payments.
FY2026 guidance reaffirmed: revenue $143M-$163M and net income $0.75M-$1.5M.

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