<div><div></div><div><span><p><span>Digital Brands Group reported first-quarter 2026 results with revenue of $1.316M, a net loss of $11.392M and diluted loss per share of $(1.06), versus revenue of $1.872M, a net loss of $2.09M and diluted loss per share of $(0.92) in the year-ago quarter.</span></p><p><strong><span>Financial Highlights</span></strong></p><ul><li><span>Revenue: $1.316M for Q1 2026, down from $1.872M in Q1 2025 ( (29.7%) ).</span></li><li><span>Net income: Net loss $11.392M for Q1 2026, versus net loss $2.090M in Q1 2025 (worse YoY).</span></li><li><span>Diluted EPS: Loss per share $(1.06) for Q1 2026, versus $(0.92) in Q1 2025 (more negative YoY).</span></li></ul><p><strong><span>Business Highlights</span></strong></p><ul><li><span>Revenue decline was driven by lower wholesale activity as the company continues to invest in direct-to-consumer (DTC) channels.</span></li><li><span>Digital Brands is shifting channel mix from wholesale toward DTC across its Bailey, Stateside and Sundry brands.</span></li><li><span>Expanded collegiate and NIL licensing and marketing partnerships, including agreements with Learfield and Penn State.</span></li><li><span>Company reported realized cost synergies following recent acquisitions through consolidation of technology, logistics and headcount, intended to lower operating percentages over time.</span></li><li><span>Management expects gross margin recovery as e-commerce mix increases and wholesale account mix improves.</span></li></ul><p><span>Original SEC Filing: </span>Digital Brands Group, Inc. [ DBGI ] - 10-Q - May. 20, 2026</p><section><b><span class="heading-JaE7wgR2">Disclaimer</span></b><div><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</span></div></section></span></div></div>

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<p>Digital Brands Group reported Q1 2026 revenue of $1.316M, down 29.7% from $1.872M in Q1 2025, with a net loss of $11.392M and diluted EPS of $(1.06). The decline was attributed to reduced wholesale activity as the company shifts focus to direct-to-consumer channels. Management anticipates gross margin recovery as e-commerce sales increase and wholesale mix improves.</p>

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Digital Brands Group 1Q 2026: Revenue $1.316M, EPS $(1.06) — 10-Q Summary