NYSE$LUXE

LuxExperience BV · Q3 2026 earnings

Q3 2026 earnings · · Before market open · Investor relations

Briefing

LuxExperience Q3 FY26: €618M net sales, second straight quarter of positive adjusted EBITDA

LuxExperience B.V. reported fiscal Q3 2026 results for the quarter ended March 31, 2026, with net sales of €618.4 million, flat on a constant-currency basis (-5.2% reported) despite geopolitical headwinds in March. The group delivered its second consecutive quarter of positive adjusted EBITDA at €5.7 million (0.9% margin), confirming full-year FY26 guidance. Mytheresa led with net sales up 9.9% ex-FX to €256.0 million and adjusted EBITDA of €14.1 million (5.5% margin), while NET-A-PORTER/MR PORTER and YOOX showed sequential margin and cost-ratio improvements under the transformation plan. The company ended the quarter debt-free with €436.1 million in cash and cash investments.

  • Q3 FY26 net sales were €618.4 million (+0.0% ex-FX, -5.2% reported); GMV reached €653.7 million (-4.9% reported).
  • Group adjusted EBITDA turned positive for the second straight quarter at €5.7 million (0.9% margin); adjusted SG&A ratio improved to 18.3%.
  • Mytheresa net sales rose 9.9% ex-FX to €256.0 million with adjusted EBITDA up 50.4% to €14.1 million (5.5% margin).
  • NET-A-PORTER/MR PORTER and YOOX continued transformation progress with gross margin gains of 700bps and 620bps YoY, respectively.
  • Company reaffirmed FY26 guidance of €2.5–€2.7 billion GMV and adjusted EBITDA margin between -1% and +1%.

Headline financials

Total Revenue

€618M

Previous: €243M+155.0%
EPS (adj)

-€0.25

Previous: -€0.06-316.7%
Cash and Cash Investments

€436M

No prior period
Gross merchandise value

€654M

Previous: €261M+150.2%
Adjusted EBITDA

€5.7M

Previous: €9.3M-38.7%
Net Income

-€35.4M

Previous: -€5.5M-543.8%
Operating Income

-€29.7M

No prior period
Gross Profit

€281M

No prior period

Revenue & EPS history

LuxExperience BV · Revenue · Quarterly

€618M

Q3 2026+155%vs Q3 2025
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

LuxExperience BV · €618M total across 3 segments · Q3 2026

  • Luxury | Mytheresa
    €256M
  • Luxury | NET-A-PORTER & MR PORTER
    €232M
  • Off-Price | YOOX
    €131M

Forward guidance

LuxExperience reaffirmed full fiscal year 2026 guidance of GMV between €2.5 billion and €2.7 billion and an adjusted EBITDA margin between -1% and +1%, with medium-term targets of €4 billion net sales and 7–9% adjusted EBITDA margin.

Tailwinds

  • Second consecutive quarter of group-level adjusted EBITDA profitability supports FY26 guidance.
  • Transformation plan driving lower adjusted SG&A ratio and margin gains across all three segments.

Headwinds

  • Reported net sales declined 5.2% due to FX headwinds and geopolitical pressure in March.
  • Group still reported a net loss of €35.4 million for the quarter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+1.5%

Avg return

Earnings day

+3.4%

Avg return

5 days after

-1.6%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+21.1%

Q2 2026

Best reaction

-12.2%

Q3 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-12.2%
Q2 2026+21.1%+36.0%+7.5%
Q4 2025+6.2%+4.0%+12.5%
Q3 2025+13.3%+5.4%-7.0%
Q1 2025+18.5%+14.8%+15.6%
Q3 2024-2.0%+0.4%-0.8%
Q2 2024+16.3%+13.6%+45.7%
Q1 2024-7.0%+8.7%+10.0%
Q4 2023+5.6%+6.1%-20.8%
Q3 2023-4.0%-10.7%-8.7%
Q2 2023-10.2%-14.3%-31.7%
Q1 2023-4.8%+14.0%+0.0%
Q4 2022-6.6%-5.9%-19.4%
Q3 2022-8.8%-6.0%+14.7%
Q2 2022+10.1%+1.8%-16.3%
Q1 2022+7.3%+2.8%-14.1%
Q4 2021-11.0%-8.8%-9.6%
Q3 2021+6.8%+12.0%+10.0%
Q2 2021-11.1%-12.8%-16.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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