Stitch Fix, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35B | $1.27B | $1.34B | $1.59B | $2.02B | $2.10B | $1.71B | $1.58B |
| Cost of Revenue | $759.6M | $704.2M | $745.4M | $916.9M | $1.13B | $1.15B | $957.5M | $874.4M |
| Gross Profit | $588.5M | $562.9M | $592.0M | $675.6M | $886.7M | $947.6M | $754.2M | $703.1M |
| Gross Margin | 43.7% | 44.4% | 44.3% | 42.4% | 43.9% | 45.1% | 44.1% | 44.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $610.2M | $601.8M | $725.5M | $830.9M | $1.07B | $1.01B | $805.9M | $679.6M |
| Operating Income | $-21.7M | $-38.9M | $-133.4M | $-155.3M | $-184.5M | $-63.4M | $-51.7M | $23.5M |
| Operating Margin | -1.6% | -3.1% | -10.0% | -9.8% | -9.1% | -3.0% | -3.0% | 1.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-12.3M | $-28.0M | $-120.5M | $-149.5M | $-183.9M | $-61.1M | $-47.7M | $30.8M |
| Income Tax Expense | $338.0K | $821.0K | $-1.7M | $871.0K | $-2.3M | $-52.2M | $19.4M | $-6.1M |
| Net Income | $-12.6M | $-28.7M | $-128.8M | $-172.0M | $-207.1M | $-8.9M | $-67.1M | $36.9M |
| Net Margin | -0.9% | -2.3% | -9.6% | -10.8% | -10.3% | -0.4% | -3.9% | 2.3% |
| EPS (Basic) | $-0.09 | $-0.22 | $-1.07 | $-1.50 | $-1.90 | $-0.08 | $-0.66 | $0.37 |
| EPS (Diluted) | $-0.09 | $-0.22 | $-1.07 | $-1.50 | $-1.90 | $-0.08 | $-0.66 | $0.36 |
| Shares Outstanding (Basic) | 134.2M | 128.8M | 120.2M | 114.7M | 108.8M | 106.0M | 102.4M | 100.0M |
| Shares Outstanding (Diluted) | 134.2M | 128.8M | 120.2M | 114.7M | 108.8M | 106.0M | 102.4M | 103.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |