Live Ventures Incorporated reported financial results for the fiscal first quarter of 2026, with revenue at $108.5 million, gross margin at 32.6%, and operating income at $3.5 million. The net loss was $0.1 million, and adjusted EBITDA increased by 35.7% to $7.8 million. Total assets were $389.2 million as of December 31, 2025.

Despite challenges in new home construction and home refurbishment, Live Ventures saw a significant increase in operating income compared to the prior-year period. The company also successfully refinanced its credit facilities in the Steel Manufacturing segment, strengthening its balance sheet for future growth. The President and CEO emphasized a strategy to integrate AI, robotics, and data analytics to enhance efficiency.

In the first quarter of fiscal year 2026, Live Ventures experienced a decrease in revenue, primarily due to softness in the Retail-Flooring and Steel Manufacturing segments. However, gross margin improved to 32.6%, and operating income increased by $2.7 million compared to the prior-year period. Adjusted EBITDA also showed a 35.7% increase.

Segment results for the quarter highlighted revenue increases in Retail-Entertainment and decreases in Retail-Flooring and Steel Manufacturing. The Flooring Manufacturing segment saw improved gross margins and operating income, while the Corporate and Other segment reduced operating losses through cost reductions. Adjusted EBITDA percentages also showed positive growth in key segments.

Live Ventures’ non-GAAP measure, Adjusted EBITDA, was $7.8 million for the quarter, reflecting operational strength and performance. The company emphasizes the importance of this metric for evaluating financial performance and strategic decision-making. Forward-looking statements caution that actual results may vary, considering factors like market acceptance, financial performance, and business strategies.

Live Ventures Incorporated, a diversified holding company, focuses on value-oriented acquisitions of domestic middle-market companies. With a strategic approach to building stockholder value, the company targets well-run businesses with a history of earnings growth. The current portfolio includes companies in textiles, flooring, tools, steel, and entertainment industries.

Read more at GlobeNewswire: Live Ventures Reports Fiscal First Quarter 2026 Financial