MySize Achieves 53% Revenue Growth in Q2 2026 with AI-Driven Fashion Solutions

MySize Reports Significant Revenue Growth in Q2 2026

MySize, Inc. (NASDAQ: MYSZ) has announced remarkable financial results for the second quarter of 2026, showcasing a 53% year-over-year revenue increase. This growth underscores the company’s sustained expansion in the fashion technology sector, particularly through innovative AI-driven sizing solutions and enhancements in e-commerce and recommerce sectors.

Financial Highlights

For the second quarter of 2026, MySize achieved a revenue of $3.07 million, up from $2.01 million during the same period last year. The first half of the year also saw revenue soar by 57%, totaling $5.46 million compared to $3.49 million in the previous year. This remarkable performance can be attributed to a combination of factors, including the company’s expanding platform and notable contributions from its acquired businesses like Percentil and Ten Peacks.

The resale platform, Percentil, significantly contributed to these results with a quarterly revenue of $413,000, up from $168,000 a year prior. Meanwhile, the SaaS Solutions segment was particularly noteworthy, achieving approximately 86% gross margin and generating revenue of $211,000. These numbers highlight the profitability potential within MySize’s integrated platform as it shifts focus towards margin improvement and operational efficiency.

Strategic Developments

As outlined by the company’s CEO, Ronen Luzon, the strategic direction for MySize is evolving. While the focus on growth remains essential, the company is now placing greater emphasis on the quality of that growth. This includes improving contribution margins, enhancing higher-margin revenue streams, and leveraging existing infrastructure to optimize cash flow.

The company has laid a strong foundation by diversifying its offerings, which now address critical industry challenges such as size and fit accuracy, e-commerce hurdles, overstock issues, and sustainability through circularity practices. Luzon emphasized the importance of converting the scale they have built into sustainable economic value for shareholders.

Breakdown of Operating Segments

MySize operates through four key segments: fashion e-commerce, SaaS solutions, resale, and other relevant activities. During the last quarter, the fashion e-commerce division generated $2.23 million, showcasing its critical role in overall revenue. The SaaS solutions segment, particularly the Naiz Fit technology, continues to illustrate high profitability, while the resale aspect is witnessing substantial growth opportunities.

Balance Sheet Overview

As of June 30, 2026, MySize reported $453,000 in cash and cash equivalents with an ongoing commitment to managing liquidity through optimized working capital strategies. The company’s net cash usage shows improvement, declining to $1.97 million in the first half of 2026 from $2.31 million in the previous year. Despite anticipated operating losses and the need for additional capital, MySize is confident in its capacity to navigate forward and enhance its financial stability.

Future Outlook

Looking ahead, MySize's strategy is to cement its place as a comprehensive fashion technology platform. With assets such as Naiz Fit for size accuracy, Orgad for e-commerce capabilities, and a focus on second-hand fashion through Percentil, MySize aims to effectively confront multiple industry challenges. The management is focused on refining its approach to ensure that they not only build a larger entity but also one that is stronger and more resilient.

In conclusion, MySize's significant growth in Q2 2026 reflects its successful integration of innovative technology across the fashion industry while strategically moving towards a more sustainable financial model. With an expanding portfolio, the company stands poised to continue its upward trajectory in the competitive landscape of fashion technology.