LightInTheBox reports Q3 net income of $2.8 million on $55.5 million revenue

Reuters
2025.11.12 13:01
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LightInTheBox Holding Co. Ltd. reported a Q3 net income of $2.8 million, a significant increase from $0.3 million year-over-year. Adjusted EBITDA rose to $3.3 million. However, total revenues for the first nine months of 2025 decreased by 18% to $161.4 million, with gross profit at $106.5 million. Operating expenses remained stable at $34.5 million, with a 7% rise in selling and marketing expenses. The company credits its profitability to growth in direct-to-consumer apparel and a shift to higher-value offerings.

LightInTheBox Holding Co. Ltd. reported record net income of $2.8 million for the third quarter of 2025, up from $0.3 million in the same period last year. Adjusted EBITDA rose to $3.3 million, compared to $0.8 million in the third quarter of 2024. Total revenues for the first nine months of 2025 were $161.4 million, an 18% year-over-year decrease, while gross profit reached $106.5 million, down from $119.6 million last year. Gross margin improved to 66.0% from 60.5% in 2024. Operating expenses for the quarter were $34.5 million, similar to the previous year, with selling and marketing expenses rising by 7% to $26.1 million and general and administrative expenses decreasing by 24% to $4.5 million. The company attributed its profitability to the growth of its direct-to-consumer apparel brands, a focus on proprietary designs, and a shift in its legacy e-commerce operations to higher-value offerings such as print-on-demand apparel. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LightInTheBox Holding Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-109799), on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here