EarningsQ2 2026 Earnings Report
DE:OVER Q2 2026 EPS Results
Actual EPS-€0.48
Consensus EPS-€0.32
Beat/MissMissed by -€0.15
One Year Ago EPS-€0.31
DE:OVER Q2 2026 Revenue Results
Actual Revenue€324.65M
Expected Revenue€325.79M
Beat/MissMissed by -€1.14M
YoY Revenue Growth+27.96%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
DE:OVER Upcoming Earnings
Neighborhood Intelligence's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:OVER Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive picture: operative metrics showed meaningful improvement (28% revenue growth, doubled orders, 310 bps gross margin expansion and improved marketing efficiency) and management laid out a coherent strategy and quantified cost savings (> $50M annualized) with near-term guidance toward higher margins. At the same time, the company remains unprofitable on an adjusted EBITDA and EPS basis this quarter, is deploying cash for integration and technology modernization ($20M–$40M+ near term), and faces demand sensitivity tied to a still-soft housing market. Highlights and lowlights are roughly balanced: clear operational progress and a credible multi-pillar strategy are offset by real near-term cash and execution risks tied to integrations and legacy technical debt.Company Guidance
Revenue Growth Resumes
Revenue increased 28% year-over-year in Q2 2026, marking the second consecutive quarter of year-over-year growth after 19 consecutive quarters of decline.
Order Volume Acceleration
Orders delivered doubled year-over-year in the quarter, driving top-line momentum across the omnichannel business.
Gross Margin Expansion
Gross margin improved to 26.8% in Q2 2026, a 310 basis point increase versus the same period last year, driven in part by the Brand House Collective merger and favorable mix.
Sales & Marketing Efficiency Gains
Sales and marketing expense improved efficiency by 160 basis points as a percentage of revenue versus the prior year, attributed to disciplined paid spend and better owned-channel returns.
Strategic Acquisitions and Ecosystem Buildout
Completed or announced acquisitions and partnerships (Brand House Collective, Container Store, Kirkland's, Elfa, Closet Works, Lumber Liquidators, Cabinets To Go, SFV, Fathom) plus a partnership with Alliant Credit Union and Bilt position the company around omnichannel retail, home services and homeownership solutions.
Clear Integration & Cost-Savings Plan
Management identified more than $50 million of additional annualized cost that can be removed over the next 12 months (consolidating supply chain, eliminating duplicate software/agreements, simplifying locations).
Near-Term Guidance and Margin Targeting
Company guided Q3 revenue to $505 million–$525 million and expects margins to improve materially toward ~30% in Q3, indicating near-term improvement expectations.
Balance Sheet & Inventory Position
Reported $164 million in cash and cash equivalents, restricted cash and inventory net of ABL (an increase of $1 million versus Q1 2026), and $126 million in cash and restricted cash at quarter end.
Longer-Term Financial Ambition
Management expects to achieve mid- to high-single-digit EBITDA margins in a mid-cycle housing market and targets ~35% gross margin at maturity, with a stated goal of returning to cash generation in 2027.
DE:OVER Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed