SFIX Earnings: Stitch Fix Q4 revenue declines; loss narrows

Personal styling company Stitch Fix, Inc. (NASDAQ: SFIX) has reported a narrower net loss for the fourth quarter of fiscal 2025. Revenues declined 3% during the three months.

• The company’s fourth-quarter net revenue decreased 2.6% year-over-year to $311.2 million; adjusted revenue increased 4.4%
• At the end of the quarter, Stitch Fix had 2.31 million active clients, a decrease of 7.9% from the prior-year quarter
• Net revenue per active client increased 3% from last year to $549 during the three months
• The company reported a net loss of $8.6 million or $0.07 per share for the August quarter, compared to a loss of $36.3 million or $0.30 per share last year
• Adjusted EBITDA was $8.7 million in Q4, while adjusted EBITDA margin came in at 2.8%
• Net cash provided by operating activities was $7.0 million in the fourth quarter; free cash flow came in at $2.8 million
• For the first quarter of fiscal 2026, the management expects net revenue to be in the range of $333 million to $338 million, up 4.4-6.0% YoY
• It is looking for net revenues in the range of $1.28 billion to $1.33 billion for fiscal 2026, representing a 1-5% YoY growth