Destination XL Group, Inc. (DXLG) Financial Statements
Industry: Family Clothing Stores (Retail)
In fiscal 2025, Destination XL reported revenue of $435.0M, down 6.9% from $467.0M the year before. Net income was -$35.9M (a -8.3% net margin), or -$0.66 per diluted share. Gross margin was 43.4% and operating margin was -4.2%. Operating activities generated $2.1M of cash, leaving -$18.0M of free cash flow. At fiscal year end, Destination XL held $366.9M in total assets against $258.9M in total liabilities, including $23.8M of cash and equivalents.
Open the full interactive Destination XL financials → Quarterly statements, key ratios, valuation history and price charts.
Destination XL Key Stats
| Share Price | $0.39 |
|---|---|
| Market Cap | $22.0M |
| Revenue YoY Growth | -6.9% |
| 52-Week Range | $0.37 – $1.56 |
| Shares Outstanding | 55.3 million (basic, 2027 Q2) |
Destination XL Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $318.9M | $505.0M | $545.8M | $521.8M | $467.0M | $435.0M |
| Cost of Goods Sold | $214.1M | $255.2M | $273.2M | $269.4M | $249.8M | $246.0M |
| Gross Profit | $104.9M | $249.8M | $272.6M | $252.4M | $217.2M | $189.0M |
| Operating Income | -$60.5M | $62.0M | $58.6M | $41.9M | $3.7M | -$18.2M |
| Pre-Tax Income | -$64.4M | $57.6M | $58.3M | $38.4M | $5.8M | -$17.3M |
| Income Tax | $106,000 | $917,000 | -$30.8M | $10.5M | $2.8M | $18.6M |
| Net Income | -$64.5M | $56.7M | $89.1M | $27.9M | $3.1M | -$35.9M |
| Diluted EPS | -$1.26 | $0.83 | $1.33 | $0.43 | $0.05 | -$0.66 |
Destination XL Quarterly Results
| 2026 Q2 | 2026 Q3 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $115.5M | $101.9M | $103.3M | $111.6M |
| Net Income | -$265,000 | -$4.1M | -$5.9M | $2.0M |
| Diluted EPS | — | -$0.08 | -$0.11 | $0.04 |
Destination XL Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $19.0M | $15.5M | $52.1M | $27.6M | $11.9M | $23.8M |
| Current Assets | $114.1M | $106.0M | $154.0M | $153.2M | $131.9M | $111.0M |
| Total Assets | $306.8M | $280.0M | $350.6M | $357.7M | $381.0M | $366.9M |
| Current Liabilities | $155.0M | $95.5M | $101.8M | $89.9M | $90.7M | $85.5M |
| Total Long-Term Debt | $14.9M | — | — | — | — | — |
| Total Liabilities | $310.8M | $221.7M | $213.4M | $208.8M | $239.7M | $258.9M |
| Shareholders' Equity | -$4.1M | $58.2M | $137.2M | $149.0M | $141.2M | $108.1M |
Destination XL Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$1.2M | $75.5M | $59.9M | $49.6M | $29.6M | $2.1M |
| Cash From Investing | -$4.2M | -$5.3M | -$9.6M | -$49.1M | -$31.3M | $10.4M |
| Cash From Financing | $20.1M | -$73.8M | -$13.7M | -$24.9M | -$13.9M | -$595,000 |
| Free Cash Flow | -$5.5M | $70.3M | $50.3M | $32.2M | $1.9M | -$18.0M |
Figures from Destination XL's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Destination XL financials page for every line item.
Destination XL Company Profile
| Ticker | DXLG |
|---|---|
| Exchange | Nasdaq |
| Industry | Family Clothing Stores (Retail) |
| Headquarters | Canton, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | January 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000813298 |
Frequently Asked Questions
What was Destination XL's revenue in fiscal 2025?
Destination XL (DXLG) reported revenue of $435.0M for fiscal 2025.
What is Destination XL's annual revenue history?
Destination XL's annual revenue by fiscal year: 2020: $318.9M; 2021: $505.0M; 2022: $545.8M; 2023: $521.8M; 2024: $467.0M; 2025: $435.0M.
What was Destination XL's net income in fiscal 2025?
Destination XL reported net income of -$35.9M for fiscal 2025.
What was Destination XL's earnings per share (EPS) in fiscal 2025?
Destination XL's diluted EPS was -$0.66 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Destination XL generate in fiscal 2025?
Destination XL generated -$18.0M of free cash flow in fiscal 2025.
What was Destination XL's revenue last quarter?
In its most recent reported quarter (2027 Q2), Destination XL reported revenue of $111.6M.
How many shares of Destination XL are outstanding?
Destination XL reported a weighted average of 55.3 million basic shares outstanding in 2027 Q2.
What is Destination XL's market cap?
Based on its latest closing price, Destination XL (DXLG) has a market capitalization of about $22.0M.
When does Destination XL's fiscal year end?
Destination XL's fiscal year end, as registered with the SEC, is January 31.
Where is Destination XL headquartered?
Destination XL lists its business address in Canton, Massachusetts in its SEC filings.