ContextLogic swings to Q2 FY26 net loss of $6.3 million; net sales fall 0.6% to $33.6 million - LOGC News | RalliesContextLogic swings to Q2 FY26 net loss of $6.3 million; net sales fall 0.6% to $33.6 million
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LOGC• Q2 FY26 results
- ContextLogic posted Q2 2026 net sales of $33.6 million, essentially flat versus the year-earlier quarter.
- Results swung to a net loss of $6.3 million, from profit a year earlier; diluted loss per share was $0.14.
- Adjusted EBITDA (non-GAAP) fell 22.86% to $10.8 million, pressured by $2.5 million of CLHI Corporate costs.
- Average sales price rose 7.7%, adding about $2.4 million of sales; volume dropped 8% on a planned maintenance shutdown and trucking constraints.
- Combined first-half free cash flow (non-GAAP) widened to negative $21.6 million, reflecting $22.6 million of acquisition-related transaction spending.
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