MySize Reports 53% Year-Over-Year Revenue Growth in Second Quarter 2026 as Integrated Fashion Platform Continues to Scale
PRNewsWire
Published: Aug 14, 2026, 12:15 PM
Sentiment Analysis
AIRPORT CITY, Israel , Aug. 14, 2026 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ ) ("MySize" or the "Company"), a fashion technology company operating an integrated portfolio across AI-driven sizing solutions, e-commerce, recommerce and brand distribution, today announced financial results for the second quarter and six months ended June 30, 2026.
Revenue for the second quarter of 2026 increased 53% year-over-year to $3.07 million, compared with $2.01 million in the second quarter of 2025. For the first six months of 2026, revenue increased 57% to $5.46 million compared with $3.49 million in the same period in 2025. The growth reflects the continued expansion of MySize's fashion e-commerce activities, together with contributions from businesses added to the Company's platform, including Ten Peacks.
The Company's resale platform, Percentil, also continued to scale, while MySize's SaaS businesses maintained attractive gross-margin characteristics.
Second Quarter 2026 Highlights
Revenue increased 53% year-over-year to $3.07 million from $2.01 million.
First-half revenue increased 57% to $5.46 million from $3.49 million.
Percentil quarterly revenue increased to $413,000 , compared with $168,000 in the second quarter of 2025.
The SaaS Solutions segment generated approximately 86% gross margin during the quarter, with revenue of $211,000 and cost of revenues of $30,000.
Net cash used in operating activities during the first six months of 2026 improved to $1.97 million , compared with $2.31 million during the same period in 2025.
The Company continued integrating Percentil and Ten Peaks into its broader fashion technology platform. Management is increasingly focused on contribution margin, operating leverage and cash efficiency as the Company moves from platform expansion toward monetization and optimization.
Net loss for the second quarter of 2026 was approximately $1.75 million, compared to approximately $1.47 million in the second quarter of 2025.
Management Commentary
"During the second quarter, MySize continued to demonstrate that we can build scale across a diversified fashion platform," said Ronen Luzon, Chief Executive Officer of MySize . "Revenue increased 53% year-over-year and exceeded $3 million for the quarter, while our SaaS and recommerce businesses continued to demonstrate the attractive margin characteristics that we believe can become increasingly important to the overall economics of the Company and its subsidiaries."
"Over the past several years, we have deliberately expanded MySize beyond a single technology solution. Today, our platform addresses several of the most important challenges facing the fashion industry: size and fit, e-commerce, excess inventory and circularity, and international distribution."
"As we enter the second half of 2026, our priorities are evolving. Growth remains important, but our focus is increasingly on the quality of that growth — improving contribution margins, increasing the proportion of higher-margin revenues, extracting greater operating leverage from our existing infrastructure and reducing cash consumption."
"We believe much of the foundation required to support a considerably larger business is now in place. Our objective is to translate the scale we have built into stronger unit economics and, over time, a more sustainable financial model."
Financial Results
Revenue for the three months ended June 30, 2026 was $3.07 million , compared with $2.01 million for the comparable period in 2025. Gross profit was $973,000 , compared with $1.12 million in the second quarter of 2025. Gross margin was approximately 31.7% , compared with approximately 56.0% in the prior-year period. The change in consolidated gross margin primarily reflects a shift in revenue mix, with a greater portion of quart...
Source: PRNewsWire
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