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XCel Brands, Inc. (XELB)

XCel Brands, Inc. brought in $4.6M of revenue over the twelve months to June 30, 2026, down 21.2% from a year earlier. It posted a net loss of $15.6M. In fiscal 2025 capital spending exceeded operating cash flow by $7M. At June 30, 2026 it held $399K in cash against $12.1M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

Price
$0.79
0.00% on the day · September 25, 2026
52-week range $0.63 to $2.66
Market cap
$5.2M
Revenue (last 12 months)
$4.6M
-21.2% year on year
Net margin
-343.7%

What XCel Brands, Inc. does

XCel Brands, Inc. is registered with the SEC under industry code SIC 6794 (Patent Owners & Lessors). Its shares trade on NASDAQ under the ticker XELB.

Revenue and profit by year

Revenue
FY18: $35.5M $35.5M FY18FY19: $41.7M $41.7M FY19FY20: $29.4M $29.4M FY20FY21: $37.9M $37.9M FY21FY22: $25.8M $25.8M FY22FY23: $17.8M $17.8M FY23FY24: $8.3M $8.3M FY24FY25: $4.9M $4.9M FY25
Net income
FY18: $1.1M $1.1M FY18FY19: -$3.4M -$3.4M FY19FY20: -$12.9M -$12.9M FY20FY21: -$12.2M -$12.2M FY21FY22: -$4M -$4M FY22FY23: -$21.1M -$21.1M FY23FY24: -$22.4M -$22.4M FY24FY25: -$17.5M -$17.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$4.9M-$13.2M-$17.5M-$5.08-$7M
2024$8.3M-$21.4M-$22.4M-$9.84-$4.8M
2023$17.8M-$20.6M-$21.1M-$10.68-$6.6M
2022$25.8M-$2.3M-$4M-$2.00-$14.4M
2021$37.9M-$12.6M-$12.2M-$6.29-$7.7M
2020$29.4M-$16.4M-$12.9M-$6.79$2.4M

Full financial statements: income, balance sheet and cash flow

Next report expected around November 18, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 19, 2025. Not a date the company has announced. See the report calendar

Where XELB ranks in Other

Revenue$4.9M
#43 of 49 in Other · Bottom 13%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Other

Latest SEC filings

What XCel Brands, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 19, 2026
  2. August 19, 2026
  3. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue fell 15% to $1.1M versus the same quarter last year; diluted EPS -$0.40 versus -$1.66.
  4. August 6, 2026
    Annual report (amended) 10-K/A · period to December 31, 2025Revenue fell 40% to $4.9M versus the prior year; diluted EPS -$5.08 versus -$9.84.
  5. June 23, 2026
  6. May 26, 2026
  7. May 14, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue fell 14% to $1.1M versus the same quarter last year; diluted EPS -$0.42 versus -$1.18.
  8. April 30, 2026
  9. April 24, 2026
  10. April 17, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 2, 2026. Insider transactions on SEC

Insider trades

What the people running XCel Brands, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $34K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$34K
last 90 days
Sold
$0
last 90 days
Net bought
37,500
$34K
DateInsiderWhatSharesPriceValueFiling
August 31, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Received as pay 31,846 $0.93 $29.6K Form 4
August 31, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Shares withheld for tax 14,713 $0.93 $13.7K Form 4
August 28, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Bought 3,500 $0.96 $3.3K Form 4
August 27, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Bought 2,000 $0.96 $1.9K Form 4
August 26, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Bought 10,000 $0.96 $9.6K Form 4
August 24, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Bought 10,000 $0.88 $8.8K Form 4
August 21, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Bought 12,000 $0.87 $10.4K Form 4
July 31, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Received as pay 24,681 $1.80 $44.4K Form 4
July 31, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Shares withheld for tax 11,402 $1.80 $20.5K Form 4
June 30, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Received as pay 16,454 $1.80 $29.6K Form 4
June 30, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Shares withheld for tax 7,454 $1.80 $13.4K Form 4
May 29, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Received as pay 13,617 $2.13 $29K Form 4
May 29, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Shares withheld for tax 6,168 $2.13 $13.1K Form 4
April 30, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Received as pay 13,905 $2.13 $29.6K Form 4
April 30, 2026 D Loren Robert WCEO and Chairman, Director, 10% owner Shares withheld for tax 6,862 $2.13 $14.6K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns XELB

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Paul J. Solit13G, passive with 3 related filers 9.99% 584,806 February 17, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

1 insiders reported holding 817,849 shares in total, about $646.1K at the last price.

HolderSharesAs of
D Loren Robert WCEO and Chairman, Director, 10% owner 817,849 August 31, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about XELB

What does XCel Brands, Inc. do?

XCel Brands, Inc. is registered with the SEC under industry code SIC 6794 (Patent Owners & Lessors). Its shares trade on NASDAQ under the ticker XELB.

Is XCel Brands, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $15.6M on revenue of $4.6M.

How much revenue does XCel Brands, Inc. make?

Over the twelve months to June 30, 2026 XCel Brands, Inc. reported revenue of $4.6M. That is 21.2% less than a year earlier.

When did XCel Brands, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 2, 2026.

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Where the numbers come from

Financial figures are the values XCel Brands, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.