Duluth Holdings (DLTH) Financial Statements & Analysis

Duluth Holdings (DLTH) Income Statement

Duluth Holdings reported revenue of $565.18M in fiscal 2026 (fiscal year ended Feb 1, 2026), down 9.8% from $626.63M a year earlier. Duluth Holdings posted a net loss of $16.39M, compared with a net loss of $16.39M a year earlier. Gross margin was 53.4% and operating margin -1.8%. In the most recent quarter, Q2 fiscal 2027 (ended Aug 2, 2026), revenue was $121.39M, flat from the same quarter a year earlier.

Duluth Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Duluth Holdings Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2026	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Feb 2026	Jan 2026	Feb 2025	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018
Revenue & Gross Profit
Revenue	565.18	565.18	626.63	626.63	646.68	653.31	638.78	615.62	615.62	568.10	471.45
Cost of Revenue	263.57	263.57	318.12	318.12	321.71	309.87	307.26	287.48	287.48	257.70	210.43
Gross Profit	301.61	301.61	301.61	308.51	324.97	343.44	331.53	328.15	328.15	310.40	261.02
Operating Expenses
Research & Development	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	306.37	310.55	333.24	337.62	334.54	337.20	307.31	300.04	300.04	273.22	223.95
Operating Expenses	311.77	310.55	311.77	337.62	334.54	337.20	307.31	300.04	300.04	273.22	223.95
Operating Income	-10.16	-8.93	-10.16	-29.11	-9.57	6.23	24.22	28.11	28.11	37.18	37.07
Other Income/Expense
Interest Income	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-	5.20	-4.55	4.55	4.16	3.65	6.26	4.47	4.47	5.95	1.99
Other Income/Expense	-4.91	-6.13	-4.91	-7.58	0.92	0.38	-6.20	-4.18	-4.18	-5.57	-1.57
Income
Income Before Tax	-15.06	-15.06	-41.24	-41.24	-12.80	2.95	18.02	23.93	23.93	31.62	35.51
Income Tax Expense	1.19	1.19	1.19	2.37	-2.86	0.71	4.64	5.43	5.43	8.45	11.88
Net Income	-16.39	-16.39	-16.39	-43.67	-9.92	2.30	13.58	18.92	18.92	23.16	23.35
Net Income - Continuous Operations	-	-16.39	-	-43.61	-9.94	2.25	13.58	18.92	18.92	23.16	23.35
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-
EBITDA	15.26	15.61	0.74	-4.41	23.51	37.42	52.80	50.48	50.48	50.16	44.82
EBIT	-8.93	-9.86	-29.11	-36.69	-8.65	6.61	44.15	-	-	-	-
Depreciation & Amortization	-	25.47	31.00	32.28	32.16	30.81	28.52	23.55	23.55	12.69	7.33
Earnings Per Share
Basic EPS	-	-	-1.00	-1.00	-	-	-	1.00	1.00	1.00	1.00
Diluted EPS	-	-	-	-1.00	-	-	-	1.00	1.00	1.00	1.00
Basic Shares Outstanding	34.62	34.54	33.37	33.37	32.96	32.77	32.45	32.31	32.31	32.09	31.85
Diluted Shares Outstanding	34.62	34.54	33.37	33.37	32.96	32.99	32.58	32.37	32.37	32.32	32.29

Source: Company financial statements from annual and quarterly filings. Data as of Aug 2, 2026. Data sources and methodology

Frequently Asked Questions About Duluth Holdings Financial Statements

What was Duluth Holdings's revenue in fiscal 2026?

Duluth Holdings reported revenue of $565.18M in fiscal 2026 (fiscal year ended Feb 1, 2026). That was down 9.8% from $626.63M a year earlier.

Is Duluth Holdings profitable?

No. Duluth Holdings reported a net loss of $16.39M in fiscal 2026. In fiscal 2025 it lost $16.39M.

What is Duluth Holdings's operating margin?

Duluth Holdings's operating income was −$10.16M on revenue of $565.18M in fiscal 2026, an operating margin of -1.8%, compared with -1.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition