Business
HUG: Record DTC share drove high margins in Q1 2026 despite a 9.4% YoY revenue decline
HUG: Record DTC share drove high margins in Q1 2026 despite a 9.4% YoY revenue decline
About this update from Huuuge, Inc.
Q1 2026 saw revenue decline 9.4% YoY to $56.5m, but margins hit record highs with DTC sales at 41%. Adjusted EBITDA margin reached 43%, and strong cash flow boosted the cash balance to $119.5m. 2026 guidance expects slight revenue decline but continued strong profitability.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.