HomesToLife (HTLM) Q3 2025 earnings summary

Executive summary

• Net profit increased 71% year-over-year to $13.2 million for the nine months ended September 30, 2025, driven by export growth and improved margins.

• Revenue rose 15% to $275.1 million in 9M 2025, with strong performance in Europe and North America.

• Gross profit grew 25% to $76.1 million, and gross margin improved by 2.2 percentage points to 27.7%.

• Q3 2025 revenue increased 14% year-over-year to $94.3 million, with net income up 36% to $3.1 million.

Financial highlights

• Export sales in 9M 2025 rose 14% to $254.9 million; retail sales up 93% to $5.7 million.

• Operating expenses increased 18% to $62.2 million, mainly due to higher selling expenses and costs from Suez Canal disruption and Korea retail acquisition.

• Earnings per share for 9M 2025 were $0.15, up from $0.09 in 9M 2024.

• Annualized ROE reached 74% for 9M 2025.

• Net cash from operating activities was $4.1 million in 9M 2025.

Outlook and guidance

• FY2025 revenue guidance maintained at $360 million to $375 million.

• Positioned to capitalize on year-end seasonal demand and sustain long-term growth in key markets.