Filing Flows › Stitch Fix (SFIX) › Q2 FY26
Stitch Fix (SFIX) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Mar 12, 2026
Stitch Fix (SFIX) reported revenue of $341M for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and -0.2% from the quarter before. Operating margin was -1.4%, net loss $2.7M (0.8% of revenue).
Stitch Fix, Q2 FY26: revenue $341M (+9% year over year), operating margin -1.4%, net loss $2.7M, operating cash flow $7.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $341M | -0.2% | +9% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $7.3M | -33% | — |
| Free cash flow | $3.4M | -40% | — |
What changed
Revenue was $341.3M in Q2 FY26, up 9% year over year and roughly flat from the previous quarter.
Gross margin was 43.6%, down 0.9 points from Q2 FY25. Operating costs exceeded revenue by $4.7M, an operating margin of -1.4%. Operating expenses grew 4% against revenue growth of 9%. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $6.4M loss. Non-operating items added $2.2M, -83% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $7.3M. Non-cash charges added back $6.0M of depreciation and amortization and $14.4M of share-based compensation. Working capital and other items used $10.4M. Capital expenditures of $4.0M left free cash flow of $3.4M.
Questions
What was Stitch Fix's revenue in the second quarter fiscal 2026?
Stitch Fix (SFIX) reported revenue of $341M for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and -0.2% from the quarter before.
Was Stitch Fix profitable in the second quarter fiscal 2026?
Operating loss was $4.7M (-1.4% of revenue) and net loss $2.7M.
Source: Stitch Fix 10-Q on SEC EDGAR.