10-Q · May 12, 2026
Hour Loop, Inc. reported revenues of $29.93 million for Q1 2026, a 15.8% increase from $25.84 million in Q1 2025. Net income rose to $823,482 from $654,517 year-on-year, despite higher operational costs. Cash reserves…
Earnings analysis · 10-Q
HOUR earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
Hour Loop delivered Q2 2026 revenue of $33.9 million, up 25% year over year and approximately 13% sequentially, but gross margin declined to 52.9% and diluted EPS fell to $0.03 from $0.04 year over year. The company…
Read full summary
Hour Loop delivered Q2 2026 revenue of $33.9 million, up 25% year over year and approximately 13% sequentially, but gross margin declined to 52.9% and diluted EPS fell to $0.03 from $0.04 year over year. The company reaffirmed FY2026 revenue guidance of $143.0 million-$163.0 million and net income guidance of $0.75 million-$1.5 million. Liquidity risk is elevated by the amended $3,410,418 related-party loan, which requires $200,000 monthly repayments beginning August 31, 2026 and matures on December 31, 2026.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.03
- Gross margin
- 52.9%
What stood out
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Revenue grew 25% year over year
Q2 2026 revenue was $33.9 million, up 25% year over year and approximately 13% from $30.0 million in Q1 2026.
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Quarter remained profitable
The company remained profitable, reporting diluted EPS of $0.03 and net income of $1.1 million in Q2 2026.
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FY2026 revenue outlook reaffirmed
FY2026 revenue guidance was reaffirmed at $143.0 million-$163.0 million, with management indicating a flat to 15% year-over-year growth outlook.
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Controls remained effective
Management reported that disclosure controls were effective as of June 30, 2026, and stated there were no changes in internal control that materially affected or were reasonably likely to materially affect reporting.
What to watch
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Margin and earnings pressure
Gross margin declined to 52.9% from 53.5% in Q1 2026 and 57.2% in Q2 2025, while diluted EPS fell to $0.03 from $0.04 year over year and net income declined to $1.1 million from $1.2 million.
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Near-term related-party debt repayment
The Fourth Amendment requires repayment of a $3,410,418 related-party loan through monthly settlements of $200,000 beginning August 31, 2026; the loan matures December 31, 2026 and bears interest at 4.75%.
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No formal risk-factor update
The filing states that the company is not required to disclose material changes to the risk factors in its 2025 Form 10-K, so no formal risk-factor updates were provided despite the new repayment schedule for the $3,410,418 loan.
Management's outlook
The company reaffirmed FY2026 revenue guidance of $143.0 million-$163.0 million and net income guidance of $0.75 million-$1.5 million. Management characterized the revenue growth outlook as flat to 15% year over year; no numeric EPS guidance was provided.
Earlier filings 4
10-K · March 24, 2026
Hour Loop reported full-year 2025 net revenue of $142,440,236 (up 3% year-over-year) and net income of $1,704,849 (up 159% year-over-year), driven by its Amazon wholesale marketplace operations and proprietary…
10-Q · November 12, 2024
Hour Loop reported Q3 2024 revenue of $31,075,498 (up $1,923,138 vs Q3 2023) and GAAP diluted EPS of $0.01. Gross margin for the quarter was 54.8% and operating income was $721,843 (operating margin ~2.3%). The balance…
10-Q · August 9, 2024
Hour Loop reported Q2 2024 revenue of $28,070,707, up $5,653,259 (25.2%) versus Q2 2023, with gross margin expanding to 55.7% and operating income of $937,196 (a swing from an operating loss of $847,212 in Q2 2023).…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.