Stitch Fix reported Q2 2025 revenue of $312.1 million, a 5.5% year-over-year decline, reflecting a decrease in active clients. Despite this, net revenue per active client grew by 4.3% to $537, driven by higher order values. Gross margin improved to 44.5%, and the company reported an adjusted EBITDA of $15.9 million. The net loss narrowed to $6.6 million compared to a $35.5 million loss in the prior year.
Stitch Fix reported a decrease in net revenue by 12.6% year-over-year, totaling $318.8 million. The company's active clients decreased by 3.0% quarter-over-quarter and 18.6% year-over-year. Despite these declines, net revenue per active client increased by 4.9% year-over-year, and the gross margin improved by 180 basis points. The company had a net loss of $6.3 million, with a diluted loss per share of $0.05. Adjusted EBITDA stood at $13.5 million, and free cash flow was $9.9 million. The company ended the quarter with $253.3 million in cash, cash equivalents, and investments, with no debt.
Stitch Fix reported Q4 2024 results with net revenue of $319.6 million, a decrease of 12.4% year-over-year, and a net loss of $35.7 million, or $0.29 loss per share. The company's gross margin increased to 44.6%, and it achieved adjusted EBITDA of $9.5 million and free cash flow of $4.5 million. The company ended the quarter with $247.0 million in cash, cash equivalents, and investments, and no debt.
Stitch Fix reported Q3 2024 financial results, with revenue and adjusted EBITDA exceeding expectations. The company's transformation efforts are showing early signs of success. Net revenue was $322.7 million, a decrease of 16% year-over-year. The company reported a net loss from continuing operations of $22.0 million, or $0.18 per share, and an adjusted EBITDA of $6.7 million.
Stitch Fix reported a decrease in net revenue and active clients for Q2 2024, but improved its gross margin. The company is focused on transformation efforts to drive sustainable, profitable growth. They are guiding for continued revenue decline in Q3.
Stitch Fix reported net revenue of $364.8 million, a decrease of 18% year-over-year, but at the higher end of their guidance range. They also generated positive free cash flow for the fourth quarter in a row, delivering $16.9 million.
Stitch Fix reported a net revenue of $375.8 million for Q4 2023, a 22% decrease year-over-year. The company's adjusted EBITDA exceeded guidance, reaching $10.4 million, and it generated positive free cash flow for the third consecutive quarter, ending the year with $257.6 million in cash, cash equivalents, and investments. The company also announced its decision to exit the UK market.
Stitch Fix reported Q3 2023 results with revenue of $394.9 million, a net loss of $21.8 million, and adjusted EBITDA of $10.1 million. The company is focusing on profitability and cash flow, exceeding adjusted EBITDA guidance and generating positive free cash flow of $21.9 million.
Stitch Fix reported a decrease in net revenue and active clients compared to the previous year. However, the company's adjusted EBITDA was $3.8 million, at the high end of their guidance range. They are refocusing on their styling-first model and aim to achieve profitability and preserve liquidity.
Stitch Fix reported a net revenue of $455.6 million, a 22% decrease year-over-year. The company has 3,709,000 active clients, a decrease of 11% year-over-year. Net loss was $55.9 million, with a diluted loss per share of $0.50. Adjusted EBITDA loss was $7.4 million.
Stitch Fix reported a decrease in net revenue and active clients for the fourth quarter of 2022, while net revenue per active client increased. The company is focused on navigating the macroeconomic environment and returning to profitability.
Stitch Fix reported a net revenue of $492.9 million, a decrease of 8% year over year. Active clients also decreased by 5% year over year, totaling 3,907,000. The company is implementing cost-saving measures, including a workforce reduction, to position itself for profitable growth.
Stitch Fix announced its Q2 2022 financial results, reporting a 3% year-over-year increase in net revenue to $516.7 million. The company's revenue per active client reached a record $549, an 18% increase year-over-year. However, they experienced challenges with onboarding and conversion of clients.
Stitch Fix reported a net revenue of $581 million for Q1 2022, reflecting a 19% year-over-year growth. The company's revenue per active client reached a record $524 across nearly 4.2 million clients. The results reflect a strong performance in both Fix and Freestyle.
Stitch Fix reported Q4 2021 financial results, achieving $571 million in net revenue, a 29% year-over-year increase. The company served almost 4.2 million clients and launched Stitch Fix Freestyle.
Stitch Fix announced its Q3 2021 financial results, reporting a net revenue of $536 million, a 44% increase year-over-year. The active client count grew to 4.1 million, reflecting a 20% year-over-year growth. However, the company reported a net loss of $18.8 million, with a diluted loss per share of $0.18.
Stitch Fix announced its Q2 fiscal year 2021 financial results, reporting a net revenue of $504.1 million, a 12% increase year-over-year. The company's active client count reached nearly 3.9 million, also a 12% increase year-over-year. However, the company reported a net loss of $21.0 million, with a diluted loss per share of $0.20.
Stitch Fix announced its financial results for the first quarter of fiscal year 2021, reporting a 10% increase in net revenue to $490.4 million and a 10% increase in active clients to nearly 3.8 million. The company achieved several multi-year highs, including the highest sequential client addition on record and the highest level of successful first Fixes in the past five years.
Stitch Fix reported Q4 net revenue of $443.4 million, an 11% increase year-over-year on an adjusted basis, and grew active clients to 3.5 million, a 9% increase year-over-year.
Stitch Fix reported a decrease in net revenue of 9% year over year, totaling $371.7 million. However, the company saw growth in active clients, reaching 3.4 million, a 9% increase year over year, and net revenue per active client increased by 6% to $498. The company experienced a net loss of $33.9 million and expects a return to positive growth in Q4.
Stitch Fix reported a strong second quarter with a 22% increase in net revenue year-over-year, reaching $451.8 million. Active clients grew by 17% to 3.5 million, and net income was $11.4 million, with earnings per share of $0.11.