Oddity Tech Reports Q3 2026 Results Exceeding Guidance Amid Advertising Challenges
Oddity Tech (ODD) reported third-quarter revenue of $145 million, a 2% year-over-year decline that outperformed management's previous guidance of a 5% decrease. Adjusted EBITDA reached $22 million, surpassing the prior outlook of $18 million to $20 million. While first-order net revenue saw high-teens declines due to advertising algorithm dislocations at IL MAKIAGE, growth in SpoiledChild and METHODIQ helped stabilize overall performance. The company is currently managing inventory levels for IL MAKIAGE and working to resolve technical issues with its largest advertising partner. Despite near-term volatility in return on ad spend, Oddity Tech has revised its full-year 2026 adjusted EBITDA outlook upward to between $32 million and $34 million. The company maintains a strong liquidity position with $561 million in cash and investments.
Tickers: $ODD
Topics: Adjusted EBITDA Financial Results Free Cash Flow Gross Margin Revenue
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Part of the story Oddity Tech Reports Q3 2026 Results Exceeding Guidance Amid Advertising Challenges (4 articles)