Digital Brands sees Q3 revenue $8.5M-$11M

Digital Brands announced third quarter 2026 revenue guidance of $8.5M-$11M and positive net income. This represents a projected 500% to 650% year-over-year increase in revenue, alongside a significant bottom-line turnaround-shifting from a $3.5M net loss in Q3 last year to break-even or positive net income this quarter. This forecasted growth is driven by two key catalysts: a massive collegiate expansion from 1 to 18 universities, and a landmark government contract for the first scale deployment program across three cities. Please note that the current guidance does not include $8M-$9M in revenue and $3M net income contributions from the seven additional cities designated for the initial scale deployment program, as these were delayed by the government shutdown earlier this year. "Our shift toward collegiate licensing and government contracts is scaling rapidly and profitably. This transition proves our new high-margin model is the right strategy to drive sustainable growth and creating both short and long-term shareholder value," said Hil Davis, CEO of Digital Brands Group.