MySize Inc. (NASDAQ: MYSZ) reported revenue of $2.39 million for the first quarter ended March 31, 2026, representing a 62% increase from $1.48 million in the same period last year, according to a company statement.

The fashion technology company's gross profit increased 124% to approximately $940,000, compared to $420,000 in the first quarter of 2025. Gross margin improved to 39.3% from 28.4% in the prior-year quarter.

Net loss for the quarter was approximately $1.48 million, compared to $1.06 million in the first quarter of 2025, representing a 39% increase year-over-year.

The revenue increase was primarily attributed to growth in the company's fashion e-commerce operations and the inclusion of revenue from Percentil in consolidated results. Cost of revenue increased to approximately $1.45 million from $1.06 million in the prior year.

Research and development expenses rose to approximately $239,000 from $82,000 in the first quarter of 2025. Sales and marketing expenses increased to approximately $890,000 from $567,000, while general and administrative expenses grew to approximately $1.22 million from $831,000.

As of March 31, 2026, MySize had cash, cash equivalents and restricted cash of approximately $910,000.

The company operates multiple business segments including AI-driven sizing technologies through Naiz Fit and ShoeSize.Me, fashion e-commerce operations through Orgad, second-hand fashion resale operations through Percentil, and international apparel distribution through Ten Peacks.

"We are pleased with the strong start to 2026, highlighted by 62% year-over-year revenue growth and significant gross margin expansion," said Chief Executive Officer Ronen Luzon in the statement.