Neighborhood Intelligence, Inc. Common Stock Q3 2026 Earnings Recap

The stock was roughly flat after earnings, down 0.6%, as the quarter showed progress in the core e-commerce business but also a wider adjusted EBITDA loss. Reported revenue nearly doubled, largely due to acquisitions, so it does not by itself indicate organic growth across the expanded company.

Key Takeaways

• Revenue rose 98% year over year to $509 million, primarily reflecting the Kirkland’s, SFV Services and The Container Store mergers.
• Core e-commerce revenue grew approximately 9%; Bed Bath & Beyond revenue increased $23 million, with average order value up 7.4% and orders up 1.5%. The e-commerce business reached adjusted EBITDA neutrality.
• Adjusted EBITDA was a loss of $26 million, down $21 million year over year. Adjusted diluted EPS was a loss of $0.28, a $0.09 decline year over year.
• Gross margin increased 870 basis points to 34.0%, helped by the acquired businesses’ higher-margin mix; a planned $14 million purchase-price accounting benefit was substantially offset by inventory clearance.
• Cash, cash equivalents and restricted cash totaled $127 million, up $1 million from the prior quarter. Management said it is no longer pursuing acquisitions and is focusing on organic growth and profitability.