--- title: "Live Ventures | 8-K: FY2026 Q2 Revenue: USD 102.9 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286440595.md" datetime: "2026-05-14T15:38:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286440595.md) - [en](https://longbridge.com/en/news/286440595.md) - [zh-HK](https://longbridge.com/zh-HK/news/286440595.md) --- # Live Ventures | 8-K: FY2026 Q2 Revenue: USD 102.9 M Revenue: As of FY2026 Q2, the actual value is USD 102.9 M. EPS: As of FY2026 Q2, the actual value is USD -0.8. EBIT: As of FY2026 Q2, the actual value is USD -703 K. Live Ventures Incorporated announced its financial results for the fiscal second quarter ended March 31, 2026, and for the six months ended March 31, 2026 . #### Fiscal Second Quarter 2026 Financial Highlights - **Total Revenue**: Total revenue was $102.9 million, a decrease from $107.0 million in the prior-year period . - **Retail - Entertainment Revenue**: Revenue increased by 14.8% to $21.2 million, from $18.5 million in the prior-year period . - **Retail - Flooring Revenue**: Revenue decreased by 26.2% to $20.2 million, from $27.4 million in the prior-year period, primarily due to headwinds in new-home construction and home-refurbishment markets . - **Flooring Manufacturing Revenue**: Revenue decreased by 3.2% to $30.3 million, from $31.3 million in the prior-year period, attributed to reduced demand in new-home construction and home-refurbishment markets . - **Steel Manufacturing Revenue**: Revenue increased by 3.4% to $32.5 million, from $31.5 million in the prior-year period, driven by higher sales volumes in fabricated, hardened wear, and tool and die businesses . - **Gross Profit**: Gross profit decreased by $0.6 million, or 1.6%, to $34.6 million, compared to $35.1 million in the prior-year period . - **Gross Margin**: Gross margin increased by 80 basis points to 33.6%, up from 32.8% in the prior-year period, reflecting improved margins in Steel Manufacturing, Flooring Manufacturing, and Retail-Flooring segments, and a more favorable revenue mix . - **Operating Profit/Loss**: The company reported an operating loss of - $2.0 million, compared to an operating income of $2.1 million in the prior-year period . This decrease was primarily due to a - $4.0 million non-cash goodwill impairment charge in the Steel Manufacturing segment and lower revenues in the Retail-Flooring segment . Excluding the impairment charge, operating income would have been approximately $2.0 million . - **Retail - Entertainment Operating Income**: Increased by 32.8% to $3.3 million, from $2.5 million in the prior-year period . - **Retail - Flooring Operating Loss**: Increased to - $4.6 million, from - $2.7 million in the prior-year period . - **Flooring Manufacturing Operating Income**: Increased by 24.0% to $2.0 million, from $1.6 million in the prior-year period . - **Steel Manufacturing Operating Loss**: Was - $1.7 million, compared to an operating income of $2.2 million in the prior-year period, primarily due to the - $4.0 million non-cash goodwill impairment charge . - **Corporate & Other Operating Loss**: Decreased to - $0.9 million, from - $1.3 million in the prior-year period . - **Net Profit/Loss**: Net loss was - $2.4 million, compared to net income of $15.9 million in the prior-year period . The current period includes a - $4.0 million non-cash goodwill impairment charge and a $1.4 million gain on Employee Retention Credits . The prior-year period included a $22.8 million gain related to the modification of the Flooring Liquidators seller note . - **Adjusted EBITDA**: Adjusted EBITDA was $5.9 million, a decrease of 8.8% from $6.4 million in the prior-year period, primarily due to lower gross profit . - **Total Assets**: Total assets were $392.5 million as of March 31, 2026 . - **Stockholders’ Equity**: Stockholders’ equity was $92.9 million as of March 31, 2026 . - **Cash and Availability**: The company had approximately $39.8 million in cash and availability under its credit facilities as of March 31, 2026, comprising $15.2 million cash on hand and $24.6 million available under lines of credit . #### Six Months Fiscal Year 2026 Financial Highlights - **Total Revenue**: Total revenue was $211.4 million, a decrease of 3.2% from $218.5 million in the prior-year period . The decrease primarily reflects a - $12.2 million decline in the Retail-Flooring, Flooring Manufacturing, and Steel Manufacturing segments, partially offset by a $5.1 million increase in the Retail-Entertainment segment . - **Gross Profit**: Gross profit decreased by $0.6 million, or 0.8%, to $69.9 million, compared to $70.5 million in the prior-year period . - **Gross Margin**: Gross margin increased by 80 basis points to 33.1%, from 32.3% in the prior-year period, reflecting improved operating efficiencies and a more favorable revenue mix . - **Operating Profit/Loss**: Operating income decreased by $1.4 million, or 49.5%, to $1.4 million, compared to $2.9 million in the prior-year period . This was primarily driven by a - $4.0 million non-cash goodwill impairment charge in the Steel Manufacturing segment and lower revenue in the Retail-Flooring segment . - **Net Profit/Loss**: Net loss was - $2.5 million, compared to net income of $16.4 million in the prior-year period . The current period includes a - $4.0 million non-cash goodwill impairment charge and a $1.4 million gain on Employee Retention Credits . The prior-year period benefited from a $22.8 million gain related to the modification of the Flooring Liquidators seller note, an approximately $2.8 million gain from the settlement of the PMW acquisition earnout liability, and an approximately $0.7 million gain from the settlement of PMW seller notes . - **Adjusted EBITDA**: Adjusted EBITDA increased by $1.5 million, or 12.2%, to $13.7 million, compared to $12.2 million in the prior-year period . This increase was despite lower operating income, reflecting lower operating expenses and the exclusion of the non-cash impairment charge . #### Outlook Live Ventures Incorporated is focused on reducing costs and improving operations across its businesses . The company is committed to building on the operating improvements seen in its Retail-Entertainment and Flooring Manufacturing segments in the second half of the fiscal year . Additionally, Live Ventures Incorporated aims to drive further efficiencies in its Retail-Flooring business . ### Related Stocks - [LIVE.US](https://longbridge.com/en/quote/LIVE.US.md) ## Related News & Research - [Should Steel Dynamics’ (STLD) Strong Q2 2026 Earnings Jump Require Action From Investors?](https://longbridge.com/en/news/293847146.md) - [Baxter Q2 2026 Earnings Preview](https://longbridge.com/en/news/294224876.md) - [Ciena's Q3 2026 Earnings: What to Expect](https://longbridge.com/en/news/293952665.md) - [JSL updates financial events calendar for 2026](https://longbridge.com/en/news/294067473.md) - [Usiminas 2QFY26 net profit drops 52% to R$ 428.18 million; adjusted EBITDA rises 17% to R$ 761.31 million vs 1QFY26](https://longbridge.com/en/news/294350154.md)