DLTH · Duluth Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q1 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $114.87M | $131.72M | $102.70M | $127.06M | $123.76M | $139.10M | $122.90M | $147.13M | $141.51M |
| Cost of Revenue | - | $53.02M | $59.70M | $49.35M | $60.65M | $58.11M | $67.62M | $55.84M | $70.20M | $65.90M |
| Gross Profit | - | $61.85M | $72.02M | $53.35M | $66.41M | $65.65M | $71.48M | $67.06M | $76.92M | $75.61M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $70.68M | $68.77M | $65.71M | $82.85M | $70.20M | $72.93M | $67.99M | $84.31M | $71.74M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | $6.75M | - | $7.41M | - | $7.52M | - | - |
| Operating Income | - | ($8.83M) | $2.40M | ($12.35M) | ($22.59M) | ($4.55M) | ($1.44M) | ($931.0K) | ($7.39M) | $3.87M |
| Interest Expense | - | $1.23M | $1.47M | $1.48M | $1.25M | $934.0K | $880.0K | $876.0K | $968.0K | $879.0K |
| Income Tax | - | $0 | ($442.0K) | $1.27M | $4.69M | ($1.46M) | ($202.0K) | ($438.0K) | ($2.06M) | $727.0K |
| Net Income | - | ($10.10M) | $1.26M | ($15.29M) | ($28.54M) | ($3.87M) | ($2.00M) | ($1.29M) | ($6.22M) | $2.37M |
| EPS - Basic | - | ($0.29) | $0.04 | ($0.45) | ($0.85) | ($0.12) | ($0.06) | ($0.04) | ($0.19) | $0.07 |
| EPS - Diluted | - | ($0.29) | $0.04 | ($0.45) | ($0.85) | ($0.12) | ($0.06) | ($0.04) | ($0.19) | $0.07 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q1 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.34M | $8.17M | $5.74M | $8.58M | $9.34M | $32.16M | $11.15M | $45.55M | $9.41M | $15.37M |
| Accounts Receivable | $2.71M | $5.30M | $8.89M | $4.25M | $4.40M | $5.96M | $5.76M | $6.04M | $6.47M | $5.76M |
| Inventory | $131.34M | $192.20M | $148.05M | $176.11M | $231.43M | $125.76M | $157.13M | $154.92M | $204.72M | $164.50M |
| Accounts Payable | $48.23M | $80.20M | $43.60M | $45.94M | $104.55M | $51.12M | $59.26M | $56.55M | $77.84M | $53.60M |
| Current Assets | $172.05M | $228.75M | $185.93M | $211.12M | $264.29M | $180.97M | $191.84M | $225.90M | $240.02M | $202.51M |
| Total Assets | $402.61M | $468.01M | $433.80M | $463.70M | $533.10M | $490.45M | $503.14M | $527.45M | $547.65M | $493.32M |
| Current Liabilities | $108.25M | $177.68M | $129.05M | $156.95M | $203.65M | $102.45M | $107.24M | $118.30M | $141.28M | $100.06M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $236.49M | $310.32M | $266.74M | $298.81M | $347.99M | $268.28M | $279.68M | $300.26M | $329.01M | $268.94M |
| Stockholders' Equity | $168.97M | $160.59M | $169.99M | $167.86M | $188.13M | $225.23M | $226.69M | $230.41M | $221.87M | $227.59M |
| Retained Earnings | $61.33M | $53.59M | $63.69M | $62.43M | $83.66M | $123.82M | $127.30M | $133.17M | $125.72M | $131.94M |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q1 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | ($56.46M) | - | ($13.97M) | - | ($31.72M) | - | - |
| Investing Cash Flow | - | - | - | ($1.28M) | - | ($21.35M) | - | ($3.84M) | - | - |
| Financing Cash Flow | - | - | - | $62.99M | - | ($1.02M) | - | ($1.12M) | - | - |
| CapEx | - | - | - | $1.33M | - | $21.39M | - | $3.88M | - | - |
| Free Cash Flow | - | - | - | ($57.80M) | - | ($35.37M) | - | ($35.60M) | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q1 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 53.8% | 54.7% | 52.0% | 52.3% | 53.0% | 51.4% | 54.6% | 52.3% | 53.4% |
| Operating margin | - | -7.7% | 1.8% | -12.0% | -17.8% | -3.7% | -1.0% | -0.8% | -5.0% | 2.7% |
| EBITDA margin | - | - | - | -5.5% | - | 2.3% | - | 5.4% | - | - |
| Net margin | - | -8.8% | 1.0% | -14.9% | -22.5% | -3.1% | -1.4% | -1.1% | -4.2% | 1.7% |
| Free cash flow margin | - | - | - | -56.3% | - | -28.6% | - | -29.0% | - | - |
| FCF / Net income | - | - | - | 3.78 | - | 9.14 | - | 27.51 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 61.5% | 52.2% | 64.0% | 65.2% | 56.7% | 52.4% | 55.3% | 57.3% | 50.7% |
| Effective tax rate | - | - | -54.0% | - | - | - | - | - | - | 23.5% |
| Return on assets | - | -2.2% | 0.3% | -3.3% | -5.4% | -0.8% | -0.4% | -0.2% | -1.1% | 0.5% |
| Return on equity | - | -6.3% | 0.7% | -9.1% | -15.2% | -1.7% | -0.9% | -0.6% | -2.8% | 1.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.59 | 1.29 | 1.44 | 1.35 | 1.30 | 1.77 | 1.79 | 1.91 | 1.70 | 2.02 |
| Quick ratio | 0.38 | 0.21 | 0.29 | 0.22 | 0.16 | 0.54 | 0.32 | 0.60 | 0.25 | 0.38 |
| Cash ratio | 0.15 | 0.05 | 0.04 | 0.05 | 0.05 | 0.31 | 0.10 | 0.39 | 0.07 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | -7.2x | 1.6x | -8.3x | -18.1x | -4.9x | -1.6x | -1.1x | -7.6x | 4.4x |
| Equity multiplier | 2.38 | 2.91 | 2.55 | 2.76 | 2.83 | 2.18 | 2.22 | 2.29 | 2.47 | 2.17 |
| Liabilities / Assets | 0.59 | 0.66 | 0.61 | 0.64 | 0.65 | 0.55 | 0.56 | 0.57 | 0.60 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.25 | 0.30 | 0.22 | 0.24 | 0.25 | 0.28 | 0.23 | 0.27 | 0.29 |
| Inventory turnover | - | 0.28 | 0.40 | 0.28 | 0.26 | 0.46 | 0.43 | 0.36 | 0.34 | 0.40 |
| Days sales outstanding | - | 17d | 25d | 15d | 13d | 18d | 15d | 18d | 16d | 15d |
| Days inventory outstanding | - | 1323d | 905d | 1303d | 1393d | 790d | 848d | 1013d | 1064d | 911d |
| Days payable outstanding | - | 552d | 267d | 340d | 629d | 321d | 320d | 370d | 405d | 297d |
| Cash conversion cycle | - | 788d | 663d | 978d | 776d | 486d | 543d | 661d | 676d | 629d |
| Valuation | ||||||||||
| P / E | - | - | 52.7x | - | - | - | - | - | - | 137.7x |
| P / B | - | 0.6x | 0.4x | 0.4x | 0.7x | 0.7x | 1.0x | 0.9x | 1.3x | 1.4x |
| P / S | - | 0.8x | 0.6x | 0.6x | 1.0x | 1.3x | 1.6x | 1.8x | 1.9x | 2.2x |
| EV / EBITDA | - | - | - | - | - | 45.0x | - | 26.3x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -9.6% | -5.3% | -17.0% | -13.6% | 0.7% | -1.7% | -7.9% | 1.3% | -5.1% |
| Revenue CAGR (3y) | - | -7.5% | -4.1% | -8.4% | -2.1% | 4.0% | 0.4% | 2.5% | 7.1% | 5.1% |
| Revenue CAGR (5y) | - | -0.8% | 1.6% | -2.1% | 8.7% | 4.3% | 4.7% | 8.0% | 11.9% | 10.4% |
| Gross profit growth (YoY) | - | -6.9% | 0.7% | -18.7% | -13.7% | -2.1% | -5.5% | 0.8% | -8.0% | -7.1% |
| Operating income growth (YoY) | - | 60.9% | - | -171.5% | -205.7% | -388.6% | - | - | - | -70.4% |
| Net income growth (YoY) | - | 64.6% | - | -295.3% | -359.0% | -199.0% | - | - | - | -73.7% |
| EPS growth (YoY) | - | 65.9% | - | -275.0% | -347.4% | -200.0% | - | - | - | -74.1% |
| EPS CAGR (3y) | - | - | -47.1% | - | - | - | - | - | - | 5.3% |
| EPS CAGR (5y) | - | - | -7.8% | - | - | - | - | - | - | -11.6% |
| FCF growth (YoY) | - | - | - | -63.4% | - | 0.7% | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.7% | -14.6% | -25.0% | -25.5% | -15.2% | -2.2% | -0.4% | 2.0% | 6.8% | 11.4% |
Peer comparison
Same SIC group: Retail-Apparel & Accessory Stores
Comparing DULUTH HOLDINGS INC. against the 5 most active filers in the same SIC group.