Quarterly ResultMay 15, 2026, 08:38 AM
MySize Q1 Revenue +62% to $2.39M; Gross Margin 39.3%
AI Summary
My Size, Inc. reported strong financial results for the first quarter ended March 31, 2026, with revenue increasing 62% year-over-year to $2.39 million. The company saw a significant 124% rise in gross profit, with gross margin improving to 39.3%. Despite this growth and the strategic integration of Percentil and ShoeSize.Me to expand its AI fashion platform, the net loss increased by 39% to $1.48 million.
Key Highlights
- Revenue increased 62% year-over-year to $2.39 million for Q1 2026.
- Gross profit surged 124% year-over-year to $940 thousand.
- Gross margin improved to 39.3% in Q1 2026, up from 28.4% in Q1 2025.
- Net loss increased 39% year-over-year to $1.48 million.
- Strategic integration of Percentil and ShoeSize.Me strengthened the AI fashion platform capabilities.
- Cash, cash equivalents, and restricted cash totaled $910 thousand as of March 31, 2026.
- Research and development expenses increased to $239 thousand due to investment in AI technologies.
Price Impact
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