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Stitch Fix (SFIX) Q2 Earnings: $0.02 Loss Meets Estimates as Revenue Stabilizes at $341.3M

Earnings Per Share (GAAP)
$-0.02
estimate N/A
Revenue
$341.3M
estimate N/A
Stock Price
$3.29
change N/A

Loss matches estimates. Stitch Fix, Inc (NASDAQ: SFIX) reported a loss of $0.02 per share for Q2 fiscal 2026, matching the consensus estimate of $0.02. Revenue of $341.3 million came in flat against the Street’s expectations. The apparel retail platform posted a net loss of $2.7 million on gross profit of $148.9 million, translating to a 44.1% gross margin. Operating loss totaled $4.7 million, though adjusted EBITDA reached $11.5 million, signaling improved operational efficiency beneath the GAAP surface. Year-over-year, the loss per share narrowed 64.2% from the $0.06 loss reported in Q2 2025, while revenue climbed 3.8% from $325.0 million.

Six-quarter improvement streak. The Q2 result extends a remarkable trajectory of narrowing losses and consistent revenue stabilization. EPS has improved from a $0.12 loss in Q4 2025 to $0.06 in Q3 2025, then held steady at $0.02 for the past three consecutive quarters. Revenue has oscillated in a tight $311 million to $342 million band over the past six quarters, with Q2’s $337.5 million landing near the midpoint of that range. The company has now beaten or matched analyst estimates in six straight quarters, a streak that began in Q1 2025 when it surprised by 54.2%. Sequential revenue declined 1.1% from Q1’s $341.3 million, reflecting typical seasonal patterns in the apparel retail calendar. The year-over-year revenue gain of 3.8% marks the first positive comparison in recent quarters, suggesting the business has stabilized after a prolonged period of customer attrition.

What to Watch: Management guided Q3 fiscal 2026 revenue to $335 million to $340 million, implying flat to modest sequential growth. The key question is whether Stitch Fix can sustain positive year-over-year revenue comparisons while continuing to narrow losses toward breakeven. Watch for commentary on active client trends and average order value in the next quarterly report, expected in early June 2026.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

The post Stitch Fix (SFIX) Q2 Earnings: $0.02 Loss Meets Estimates as Revenue Stabilizes at $341.3M first appeared on Alphastreet.

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