Hour Loop Q2 FY26 net income drops to USD 1.1 million; revenue rises 25% to USD 33.9 million - HOUR News | RalliesHour Loop Q2 FY26 net income drops to USD 1.1 million; revenue rises 25% to USD 33.9 million
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HOUR• Quarterly results
- Hour Loop reported second-quarter 2026 net revenue rose 25% to USD 33.9 million.
- Net income fell to USD 1.1 million, or USD 0.03 per diluted share.
- Gross margin narrowed by 4.3 percentage points to 52.9% because of a shift in sales strategy.
Cash flow and AI strategy
- Cash used in operating activities widened to an outflow of USD 3.6 million, from an outflow of USD 0.9 million.
- Sam Lai reiterated the company's “AI-first” push, saying its internal AI system is now running more than 100 AI agents across the organization.
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