ODDITY Reports Q2 Beat and Raises FY26 Guidance
Shares of ODDITY (NASDAQ:ODD) surged by 14% after the company reported second-quarter results that exceeded Wall Street estimates. Revenue came in at $181 million, surpassing expectations but declining year-over-year by 25%. Adjusted earnings per share were $0.20 versus an estimate of $0.16, and adjusted EBITDA reached $13 million against a projected $8.8 million. For fiscal 2026, ODDITY raised its guidance for adjusted EBITDA to between $30 million and $32 million—well above the previous expectation of $10.7 million—with revenue expected to fall by 19% year-over-year. The company also forecast Q3 adjusted EBITDA in a range of $18–$20 million, significantly higher than estimates of $6.3 million. Despite declining revenues and gross margin contraction (down 360 basis points from the prior year), ODDITY reported net income of $13 million for the quarter and maintained strong liquidity with $561 million in cash, equivalents, and investments.
Tickers: $ODD
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