Quarterly ResultAug 5, 2026, 04:15 PM
A.K.A. Brands Q2 Net Loss Narrows to $0.16M
AI Summary
A.K.A. Brands Holding Corp. reported a significant reduction in net loss for the second quarter and first half of 2026. Q2 net loss narrowed to $0.16 million from $3.63 million year-over-year, while net sales remained relatively flat at $160.07 million. The company also saw a substantial increase in net cash provided by operating activities, reaching $18.73 million for the six months ended June 30, 2026, up from $10.01 million in the prior year. Additionally, the company recognized and collected a significant portion of a $25.8 million tariff refund.
Key Highlights
- Q2 2026 net loss narrowed to $0.16 million from $3.63 million in Q2 2025.
- Q2 2026 net sales were $160.07 million, a slight decrease from $160.52 million in Q2 2025.
- Net cash provided by operating activities for H1 2026 increased to $18.73 million from $10.01 million in H1 2025.
- Collected $23.2 million of a $25.8 million tariff refund by June 30, 2026.
- Total debt decreased to $99.87 million as of June 30, 2026, from $111.07 million at year-end 2025.
- H1 2026 U.S. net sales were $201.56 million; Australia & New Zealand net sales were $76.70 million.
- Recorded a $12.0 million inventory write-down in Q1 2026 related to streetwear.
Price Impact
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