NASDAQ$ODD

Oddity Tech Ltd · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Oddity Tech reported strong fourth quarter 2025 results with 24% revenue growth and continued profitability despite margin pressure.

In Q4 2025, Oddity Tech generated $152726000 in net revenue, up 24% year-over-year, with net income of $5884000 and adjusted EBITDA of $12514000, while gross margin declined to 70.5% and adjusted EBITDA margin contracted to 8.2%.

  • Net revenue increased 24% year-over-year to $152726000.
  • Gross profit reached $107620000 with gross margin of 70.5%.
  • Net income was $5884000 with diluted EPS of $0.10.
  • Adjusted EBITDA was $12514000 with 8.2% margin, down year-over-year.

Headline financials

Total Revenue

$153M

Previous: $124M+23.5%
EPS (adj)

$0.20

Previous: $0.20+0.0%
Gross Margin

70.5%

Previous: 72.7%-3.0%
Adjusted EBITDA

$12.5M

Previous: $15.2M-17.5%
Adjusted Net Income

$12.4M

Previous: $12M+3.6%
Net Income Margin

3.9%

Previous: 4.3%-9.3%
Adjusted Net Income Margin

8.1%

Previous: 9.7%-16.5%
Adjusted EBITDA Margin

8.2%

Previous: 12.3%-33.3%
Total Cash & Investments

$776M

No prior period
Net Income

$5.88M

Previous: $5.3M+11.1%
Operating Income

$1.65M

Previous: $4.04M-59.2%
Gross Profit

$108M

Previous: $89.9M+19.7%

Revenue & EPS history

Oddity Tech · Revenue · Quarterly

$153M

Q4 2025+23.5%vs Q4 2024
Beat estimate in 6 of 7 quarters(86%)
ActualEstimate

Revenue by segment

Oddity Tech · $148M total across 2 segments · Q3 2025

  • Online direct-to-consumer
    $140M
  • Other (Israel retail, affiliates)
    $7.44M

Forward guidance

For Q1 2026, the company expects revenue to decline approximately 30% year-over-year due to increased customer acquisition costs, with improvement anticipated in the second half of 2026.

Tailwinds

  • Strong balance sheet with $776020000 in cash and investments.
  • Exceeded Q4 guidance on revenue, gross margin, adjusted EBITDA and adjusted EPS.
  • Successful launch of METHODIQ.
  • Full year 2025 revenue reached $809844000.
  • Share buyback authorization with $103000000 remaining.

Headwinds

  • Expected approximately 30% year-over-year revenue decline in Q1 2026.
  • Gross margin decreased 220 basis points year-over-year.
  • Adjusted EBITDA margin declined 410 basis points year-over-year.
  • Customer acquisition cost dislocation impacting performance.
  • Adjusted EBITDA decreased 17% year-over-year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 9 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-7.6%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-7.8%

Avg return

30 days after

30%

3 / 10 earnings

Positive

+7.8%

Q2 2023

Best reaction

-49.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-49.3%-4.2%+7.5%
Q3 2025+6.6%+11.1%+12.4%
Q2 2025-21.9%-21.4%-16.1%
Q4 2024-0.4%-0.3%-5.7%
Q2 2024-6.2%-7.6%-17.8%
Q4 2021-5.3%-1.2%-20.1%
Q4 2022-5.3%-1.2%-20.1%
Q4 2023-5.6%-3.3%-21.6%
Q3 2023+3.9%-0.8%+31.7%
Q2 2023+7.8%-8.8%-27.9%
Q1 2023
Q2 2022
Q1 2022

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