Oddity Tech Q3 revenue falls 2% but beats estimates
ODD•Oddity Tech’s third-quarter revenue fell 2% year over year to $145 million, above estimates of $138.68 million, while adjusted EPS of $0.37 beat estimates of $0.30. The company raised its full-year revenue outlook to a year-over-year decline of 18.5% and expects adjusted EBITDA of $32 million to $34 million.
1. Quarterly results
Oddity reported third-quarter revenue of $145 million, down 2% year over year and above analyst estimates of $138.68 million. Adjusted EPS was $0.37, compared with estimates of $0.30; adjusted EBITDA was $22 million, versus estimates of $18.75 million.
2. Updated outlook
The company raised its full-year 2026 net revenue outlook to a year-over-year decrease of 18.5% and expects adjusted EBITDA of $32 million to $34 million. It forecast fourth-quarter net revenue declining 10% to 11% year over year. Oddity said SpoiledChild delivered strong double-digit net revenue growth and METHODIQ continued sequential growth, while it cited ongoing efforts to address account dislocation for IL MAKIAGE.
