Filing Flows › Stitch Fix (SFIX) › Q1 FY26
Stitch Fix (SFIX) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Dec 5, 2025
Stitch Fix (SFIX) reported revenue of $342M for the first quarter fiscal 2026 (Q1 FY26), +7% from a year earlier and +10% from the quarter before. Operating margin was -2.5%, net loss $6.4M (1.9% of revenue).
Stitch Fix, Q1 FY26: revenue $342M (+7% year over year), operating margin -2.5%, net loss $6.4M, operating cash flow $10.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $342M | +10% | +7% |
| Operating profit | −$8.6M | — | — |
| Net earnings | −$6.4M | — | — |
| Operating cash flow | $10.9M | +56% | -24% |
| Free cash flow | $5.6M | +101% | -44% |
What changed
Revenue was $342.1M in Q1 FY26, up 7% year over year and up 10% from the previous quarter.
Gross margin was 43.6%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $8.6M, an operating margin of -2.5%. Operating expenses grew 3% against revenue growth of 7%. The quarter ended with a net loss of $6.4M, narrower than the previous quarter's $8.6M loss. Non-operating items added $2.3M, -36% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $10.9M (down 24% year over year). Non-cash charges added back $6.0M of depreciation and amortization and $11.5M of share-based compensation. Capital expenditures of $5.3M left free cash flow of $5.6M.
Questions
What was Stitch Fix's revenue in the first quarter fiscal 2026?
Stitch Fix (SFIX) reported revenue of $342M for the first quarter fiscal 2026 (Q1 FY26), +7% from a year earlier and +10% from the quarter before.
Was Stitch Fix profitable in the first quarter fiscal 2026?
Operating loss was $8.6M (-2.5% of revenue) and net loss $6.4M.
Source: Stitch Fix 10-Q on SEC EDGAR.