HomesToLife (HTLM) Q2 2026 earnings summary

Executive summary

• 1H 2026 net revenue rose 10% YoY to $198.3m, driven by export growth; gross profit increased 14% to $57.0m.

• Operating income grew 7% to $9.7m, while net income fell 39% to $6.1m, mainly reflecting a swing from FX gain to loss.

Financial highlights

• Gross profit margin expanded 1.1 percentage points to 28.7%; operating expenses rose 16% to $47.3m on higher selling, freight and logistics costs.

• Excluding FX gain/loss, net income increased 22% YoY to $7.9m from $6.5m; reported EPS was $0.07 versus $0.11.

• Operating cash outflow improved 26% YoY to $8.3m; investing cash outflow was $2.0m and financing cash inflow was $1.5m.

Outlook and guidance

• FY 2026 net revenue guidance remains $400m–$420m; stable sales growth is expected for the remainder of the year.

• Priorities include export growth, operational efficiency, cost control, working-capital optimization, product innovation and expansion in key markets.