#Israel #revenue growth #MySize Inc. #Airport City #AI Fashion

MySize Reports Significant Revenue Growth in Q1 2026

AIRPORT CITY, Israel — May 15, 2026: MySize, Inc. (NASDAQ: MYSZ), a pioneering company in fashion technology, announced its financial results for the first quarter ending March 31, 2026. The latest figures reveal a remarkable 62% year-over-year revenue growth, rising to $2.39 million from $1.48 million in Q1 2025. This growth is largely attributed to lucrative advancements in the company's fashion e-commerce and integrated AI-driven sizing solutions.

The gross profit saw an impressive increase of 124%, reaching approximately $940,000, thereby improving the gross margin to nearly 39.3% from 28.4% last year. The company has experienced rapid scaling, notably with the incorporation of revenue from its subsidiary, Percentil, which operates in the resale market. However, it’s important to note that the net loss also rose by 39%, totaling $1.48 million compared to $1.06 million in Q1 2025.

CEO Commentary
Ronen Luzon, CEO of MySize, expressed his satisfaction with the company’s performance and outlined the strategic roadmap for the future. "We are enthusiastic about the strong commencement of 2026, underscored by our significant revenue growth and improvement in gross margin. Our strategy of evolving into an integrated fashion technology platform is becoming a reality as we continue to combine AI-driven sizing solutions, ecommerce capabilities, and resale operations."

Q1 2026 Financial Breakdown
1. Revenue:
- Q1 2026: $2.39 million
- Q1 2025: $1.48 million
- Year-over-Year Growth: +62%

2. Gross Profit:
- Q1 2026: $940,000
- Q1 2025: $420,000
- Year-over-Year Growth: +124%

3. Gross Margin:
- Q1 2026: 39.3%
- Q1 2025: 28.4%

4. Net Loss:
- Q1 2026: $1.48 million
- Q1 2025: $1.06 million

5. Cash Position:
- Cash and equivalents as of March 31, 2026: $910,000

The substantial revenue increase was primarily driven by the thriving e-commerce business along with the contribution from Percentil. Sales and marketing expenditures, reflecting a strategic ramp-up in promotional activities, reached approximately $890,000, up from $567,000 in the prior year.

Strategic Focus and Technological Advancements
MySize also highlighted its commitment to fortifying its portfolio of AI-driven sizing technologies, which includes Naiz Fit and ShoeSize.Me, aiming to personalize the shopping experience. The acquisition of Percentil and enhancements to their fashion resale operations signal a robust approach to market dynamics.

The management confirms that their operational tactics will not only support growth but also ensure that long-term shareholder value remains a priority. "The blend of AI capabilities, diverse product offerings, and a broad distribution network positions us to adapt quickly to consumers' evolving needs—ensuring we remain at the forefront of the fashion technology landscape,