I notice the filing content is cut off mid-sentence in the cash flows section. However, there is sufficient substantive disclosure content to proceed with the article based on the balance sheet, income statements, and stockholders' equity data provided.

Hour Loop, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 12, 2026, reporting net income and year-over-year revenue growth for the nine-month period.

Key Highlights

  • Q3 2026 revenue: Net revenues of $32,075,230 for the three months ended September 30, 2026, compared with $33,424,703 in the same period of 2025, according to the filing.
  • Nine-month revenue growth: Net revenues of $95,949,763 for the nine months ended September 30, 2026, up from $86,364,899 in the nine months ended September 30, 2025.
  • Q3 net income: Net income of $421,826 for the three months ended September 30, 2026, compared with $530,591 in Q3 2025.
  • Nine-month net income: Net income of $2,296,993 for the nine months ended September 30, 2026, versus $2,362,109 in the same period of 2025.
  • Total assets: Total assets of $31,753,079 as of September 30, 2026, up from $23,821,437 as of December 31, 2025.
  • Stockholders' equity: Total stockholders' equity of $9,324,904 as of September 30, 2026, compared with $6,993,859 as of December 31, 2025.
  • Shares outstanding: 35,208,030 shares of common stock issued and outstanding as of November 12, 2026, the filing states.

Hour Loop Reports Mixed Q3 Results Amid Inventory and Liability Growth

According to the filing, Hour Loop, Inc. (NASDAQ:HOUR) reported net revenues of $32,075,230 for the three months ended September 30, 2026, a decrease from $33,424,703 in the third quarter of 2025. For the nine-month period, net revenues rose to $95,949,763 from $86,364,899 in the comparable prior-year period. The company reported gross profit of $16,233,557 for Q3 2026, down from $17,175,308 in Q3 2025, while nine-month gross profit reached $50,219,470 compared with $46,817,958 a year earlier.

The filing disclosed income from operations of $492,111 for the three months ended September 30, 2026, versus $742,006 in the same quarter of 2025. For the nine months ended September 30, 2026, income from operations was $2,918,625, compared with $3,283,722 in the prior-year period. After total other expenses of $38,773 and income tax expense of $31,512, net income for Q3 2026 was $421,826. Basic and diluted income per common share was $0.01 for the three months ended September 30, 2026, and $0.07 for the nine-month period, the filing stated.

On the balance sheet, the filing reported total assets of $31,753,079 as of September 30, 2026, compared with $23,821,437 as of December 31, 2025. Inventory, net increased to $26,253,504 from $18,298,935 over the same period, while cash declined to $1,121,671 from $3,792,033. Accounts payable rose to $13,095,516 from $6,200,526. Total liabilities grew to $22,428,175 from $16,827,578. The filing also noted that amounts due to related parties stood at $4,130,418 as of September 30, 2026, up from $3,810,418 as of December 31, 2025. The company is classified as a smaller reporting company and an emerging growth company.

What Was Disclosed

Hour Loop filed its quarterly report covering the period ended September 30, 2026, disclosing revenue, profitability, balance sheet changes, and share count data. The filing reflects growth in total assets and nine-month revenues alongside a decline in cash and an increase in accounts payable.