LightInTheBox Reports Second Quarter 2026 Financial Results

SINGAPORE, Aug. 26, 2026 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global consumer lifestyle company, today announced its unaudited financial results for the second quarter ended June 30, 2026.

* Total Revenues were $56.8 million, a modest 4% decrease year over year, as the company optimized its product mix through phasing out long-tail products. * Gross Profit was $37.6 million, compared with $38.8 million in the same quarter last year. * Gross Margin was 66.1%, compared with 65.9% in the same quarter last year, which remained stable. * Operating Expenses were $35.5 million, compared with $36.9 million in the same quarter last year. * Fulfillment Expenses decreased by 3% year over year to $4.2 million. * Selling and Marketing Expenses decreased by 4% year over year to $26.7 million. * General and Administrative Expenses decreased by 5% year over year to $4.6 million, of which Research and Development expenses were $2.3 million. * Net Income reached $1.6 million, compared with $2.0 million in the same quarter last year, marking sustained profitability amidst industry challenges. * Adjusted EBITDA was $1.9 million, compared with $2.3 million in the same quarter last year. First Half 2026 Financial Highlights