Press release
Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results
Q4 2025 Net Revenue Decreased 2.6% YoY, Increased 4.4% YoY on a 13-Week Adjusted BasisQ4 2025 Net Revenue Per Active Client Grew 3.0% YoY to $549FY 2025 Gross
About this update from Stitch Fix, Inc.
[{"type":"text","content":"Q4 2025 Net Revenue Decreased 2.6% YoY, Increased 4.4% YoY on a 13-Week Adjusted BasisQ4 2025 Net Revenue Per Active Client Grew 3.0% YoY to $549FY 2025 Gross Margin Expanded YoY to 44.4% SAN FRANCISCO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the fourth quarter and full fiscal year 2025, ended August 2, 2025. Please note that fiscal 2024 was a 53-week year due to an extra week in the fourth quarter. As such, the adjusted revenue growth rates referenced in these results remove the impact of that extra week to provide a comparison that the Company believes more accurately reflects its performance. “Fiscal 2025 was a milestone year for Stitch Fix. We finished the year with our second consecutive quarter of year-over-year revenue growth on an adjusted basis, and once again gained share in the US apparel market,” said Matt Baer, CEO, Stitch Fix. “Our positive momentum was driven by the successful execution of our transformation strategy, including the improvements to our client experience and assortment. Looking ahead, we will continue to fuel growth by harnessing the power of AI, our assortment of leading brands, and the human connection of our Stylists, to deliver the most client-centric and personalized shopping experience.” Fourth Quarter Fiscal 2025 Key Metrics and Financial Highlights Net revenue of $311.2 million, a decrease of 2.6% year-over-year. Adjusting for the impact of the extra week in the fourth quarter of fiscal 2024 of $21.6 million, net revenue increased 4.4% year-over-year.Active clients of 2.309 million, a decrease of 1.9% quarter-over-quarter and a decrease of 7.9% year-over-year.Net revenue per active client (“RPAC”) of $549, an increase of 3.0% year-over-year.Gross margin of 43.6%, a decrease of 100 basis points year-over-year, driven primarily by transportation deleverage and lower product margins.Net loss of $8.6 million and net loss margin of 2.8%; diluted loss per share of $0.07.Adjusted EBITDA of $8.7 million and Adjusted EBITDA margin of 2.8%, which reflect continued cost management discipline.Net cash provided by operating activities of $7.0 million and free cash flow of $2.8 million.We ended the quarter with $242.7 million of cash, cash equivalents, and investments; and no debt. Full Fisca...