Aneesha Sherman

Dana Telsey

Dylan Carden

Jay Sole

Maria Ripps

Alexander Vasti

Cory Carpenter

David Bellinger

Mauricio Serna Vega

Simeon Siegel

Youssef Squali

- Stitch Fix reported **Q4 revenue of $311.2 million**, surpassing analyst expectations, despite a **2.6% year-over-year decline**.  **[1576942_e0167c6f4b2d4512a48b37760f9b9ed5]** 
- The company improved **adjusted EBITDA to $8.7 million** and narrowed **net losses to $8.6 million**, both exceeding forecasts, though **GAAP loss per share was $0.07**.  **[1576942_e0167c6f4b2d4512a48b37760f9b9ed5]** 
- Active client count decreased to **2.31 million**, but **net revenue per client increased by 3%**, indicating improved monetization.  **[1576942_e0167c6f4b2d4512a48b37760f9b9ed5]** 
- Stitch Fix expects fiscal year revenue to grow between **1% and 5%**, projecting a range of **$1.28 billion to $1.33 billion**, which is above analyst expectations.  **[1576942_e0167c6f4b2d4512a48b37760f9b9ed5]** 
- Investor sentiment remains cautious, with most analysts rating the stock a 'hold' due to ongoing revenue challenges, despite the company's plans to leverage **artificial intelligence** and personalized stylist services for growth.  **[1576942_e0167c6f4b2d4512a48b37760f9b9ed5]**

Stitch Fix Reports Mixed Financial Results, Exceeds Q4 Revenue Expectations

- Stitch Fix reported strong **Q4 FY2025 results**, with **adjusted revenue growth of 4.4%** to **$311.2 million** and **adjusted EBITDA of $8.7 million**, both exceeding guidance.  **[1576942_2156261_1]** **[1576942_2156261_4]** 
- For the full fiscal year 2025, the company achieved its **highest contribution margin in a decade**, expanded its **adjusted EBITDA margin by 170 basis points** to **3.9%**, and generated **$9.3 million in free cash flow** with **no debt**.  **[1576942_2156261_1]** **[1576942_2156261_4]** 
- Stitch Fix provided **FY2026 guidance** anticipating a return to **full-year revenue growth** (between **$1.28 billion and $1.33 billion**) for the first time since FY2021, with expected **adjusted EBITDA between $30 million and $45 million** and continued positive free cash flow.  **[1576942_2156261_3]** **[1576942_2156261_5]** 
- The company continues to gain **market share** in the U.S. apparel market and is seeing improved trends in active client growth rates, with **90-day new client LTVs at three-year highs**.  **[1576942_2156261_1]** **[1576942_2156261_6]**

Stitch Fix Reports Strong Q4 and Full-Year FY2025 Results, Provides FY2026 Guidance

- Stitch Fix reported **Q4 2025 net revenue** of **$311.2 million**, a **2.6% decrease** year-over-year, but an **increase of 4.4%** on a 13-week adjusted basis.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]**  For the **full fiscal year 2025**, net revenue was **$1.27 billion**, a **5.3% decrease** year-over-year, or a **3.7% decrease** on a 13-week adjusted basis.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]** 
- The company posted a **Q4 2025 net loss of $8.6 million** (diluted loss per share of **$0.07**) and **Adjusted EBITDA of $8.7 million**.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]**  For **FY 2025**, net loss was **$28.8 million** (diluted loss per share of **$0.22**) and **Adjusted EBITDA was $49.1 million**.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]** 
- **Active clients** decreased **7.9%** year-over-year to **2.309 million** in Q4 2025, while **net revenue per active client** grew **3.0%** year-over-year to **$549**.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]** 
- For **Q1 fiscal year 2026**, Stitch Fix anticipates **net revenue** between **$333 million and $338 million** and **Adjusted EBITDA** between **$8 million and $11 million**.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:0]**  The company expects **full fiscal year 2026 net revenue** to be between **$1.28 billion and $1.33 billion**, with **Adjusted EBITDA** between **$30 million and $45 million**, and expects to be **free cash flow positive**.  **[1576942_0001628280-25-042587_exhibit991-q425.htm:1]**

Stitch Fix Announces Q4 and Full Fiscal Year 2025 Financial Results

Stitch Fix (SFIX)