Company Analysis

Digital Brands Group, Inc. (DBGI)

Nasdaq: DBGI · Retail-Apparel & Accessory Stores · Vernon, CA · filing with the SEC since 2016
Grade2.0
◀ Past 1.6● Present 2.1▶ Future 2.1
2 est.

The grade of Digital Brands Group, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.0/10
◀ Past1.625% of the headline
● Present2.145% of the headline
▶ Future2.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.6/10

Has it survived what it has been through?

26 warning events since 2017; the latest 2026-11-02.

weight 45% of this tense · 6th percentile among 9 sector filers · read for itself

From the record

Digital Brands Group, Inc.'s filings since 2017 show 26 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2026-11-02); a notice about its exchange listing (8-K item 3.01, 13 times, the latest 2024-12-17); an auditor change (8-K item 4.01, 2 times, the latest 2026-01-05); a late-report notice (Form NT 10-K or NT 10-Q, 10 times, the latest 2026-08-14) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.6/10

What has it actually done, year after year?

+7.1% a year over 6 filed years; profitable in 0 of 6.

weight 33% of this tense · 36th percentile among 9 sector filers · read for its customers

From the record

Digital Brands Group, Inc.'s 6 filed years say what it did: revenue went from $5 million in fiscal 2020 to $7 million in fiscal 2025, up 7.1% a year; it rose in 3 of 5 years; the deepest fall was 51% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.1%top 17% of its family
  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profitbottom 6% of its family
  • the deepest fall from a revenue peak50.5%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.6/10

How has it treated the people who own it?

SI estimate 0.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 6th percentile among 9 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 6% of 9 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 9 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Digital Brands Group, Inc.'s shareholder treatment is put at 0.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 6% of 9 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.1/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
0.9/10

Is it financially healthy right now?

ROE -322%: lost 322¢ per shareholder dollar. Leverage 80%: owes 80¢ per asset dollar.

weight 45% of this tense · 9th percentile among 9 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Digital Brands Group, Inc. lost about 322 cents for every dollar of shareholders' money, and gross profitability: its products earned about 2 cents per dollar of everything the company owns. Leverage: it owed about 80 cents per dollar of assets, and net share issuance: its share count grew 8068.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 17% of its family
  • return on equitybottom 6% of its family
  • gross profit against assetsbottom 6% of its family
  • the share count against the year beforebottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.6/10

How strong is its position in its industry?

bottom 6% of 9 in its family; net margin -382.8%.

weight 33% of this tense · 6th percentile among 9 sector filers · read for its customers

From the record

Digital Brands Group, Inc.'s standing among 9 graded names in its industry family: revenue of $7 million in fiscal 2025 ranks in the bottom 6% by size; a net margin of -382.8% ranks in the bottom 6%; revenue growth of -10.6% a year over the last 3 filed years ranks in the bottom 6% (its annual reports).

What it rests on

  • revenue against the family$7.4Mbottom 6% of its family
  • net margin-382.8%bottom 6% of its family
  • three-year revenue growth-10.6%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
7.0/10

What are the people in charge doing?

SI estimate 7.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 70th percentile among 6 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the chief executive's years under the title, which ranks in the top 30% of 6 in its family; fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
What the record cannot read
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
How it was reasoned
one part: the chief executive's years on the record, the one part on file, ranked among 6 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Digital Brands Group, Inc.'s leadership is put at 7.0 of 10 with a confidence of 35 of 100, because read from one part only, the chief executive's years under the title, which ranks in the top 30% of 6 in its family; fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

2.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
0.9/10

How much room does it have to grow?

bottom 9% of 9 in its family for room to expand.

weight 22% of this tense · 9th percentile among 9 sector filers · read for itself

From the record

Digital Brands Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against debt of $6 million leaves -9.4% of its assets as net cash, bottom 17% of its family; cash from operations less capital spending is -215.1% of revenue (bottom 6%); a gross margin of 14.3% (bottom 6%) (its annual report).

What it rests on

  • cash less debt against assets-9.4%bottom 17% of its family
  • cash from operations less capital spending against revenue-215.1%bottom 6% of its family
  • gross margin14.3%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.5/10

What could actually drive growth from here?

bottom 35% of 9 in its family for growth drivers.

weight 45% of this tense · 35th percentile among 9 sector filers · read for its customers

From the record

Digital Brands Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -10.6% a year over the last three filed years against 7.1% over all 6, slowing (bottom 6% of its family); the newest year grew -36.1% (bottom 6%); capital spending grew 225.3% a year (top 6%) (its annual reports). Digital Brands Group, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-17.7 points a yearbottom 6% of its family
  • the newest year's revenue growth-36.1%bottom 6% of its family
  • three-year growth of capital spending225.3%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.0/10

Did its newest year beat what its own record pointed to?

bottom 10% of 8 in its family for expectations against reality.

weight 33% of this tense · 10th percentile among 8 sector filers · read for its shareholders

From the record

Digital Brands Group, Inc.'s newest year against its own record: revenue of $7 million in fiscal 2025 came in 39.6% below the $12 million its prior three years' pace pointed to (bottom 6% of its family); net income of $28 million against a prior three-year average of $20 million (bottom 19%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 6%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-39.6%bottom 6% of its family
  • net income against the prior three years' average-38%bottom 19% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DBGI · research, not advice