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 .