HomesToLife Ltd. operates as a retailer specializing in household furnishings, also offering bespoke furniture solutions to its clientele. Their extensive collection features upholstered pieces crafted from leather and fabric, alongside various case goods and decorative accents. This enterprise was established by co-founders Yong Pin Phua and Yong Tat Phua in September of 1989, and its base of operations is situated in Singapore.
HomesToLife Delivers 36% Increase in Q1 2026 Net Profit to $3.2 Million on Export Growth and Stronger Margins
HomesToLife reported Q1 2026 net revenue of $92.5 million, a 16% increase year-over-year, driven primarily by a $12.6 million surge in export sales.
Net income rose 36% to $3.2 million, with earnings per share reaching $0.036, supported by gross margin expansion to 29.0% from 25.2%.
The company provided full-year 2026 revenue guidance of $400 million to $420 million, citing sustained strength in the export market and a strong balance sheet with $26.6 million in cash.