Filing Flows › Stitch Fix (SFIX) › Q3 FY25
Stitch Fix (SFIX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jun 11, 2025
Stitch Fix (SFIX) reported revenue of $325M for the third quarter fiscal 2025 (Q3 FY25), +0.7% from a year earlier and +4% from the quarter before. Operating margin was -3.0%, net loss $7.4M (2.3% of revenue).
Stitch Fix, Q3 FY25: revenue $325M (+0.7% year over year), operating margin -3.0%, net loss $7.4M, operating cash flow $20.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $325M | +4% | +0.7% |
| Operating profit | −$9.7M | — | — |
| Net earnings | −$7.4M | — | — |
| Operating cash flow | $20.5M | — | -6% |
| Free cash flow | $16.0M | — | -15% |
What changed
Revenue was $325.0M in Q3 FY25, up 1% year over year and up 4% from the previous quarter.
Gross margin was 44.2%, down 1.4 points from a year earlier. Operating costs exceeded revenue by $9.7M, an operating margin of -3.0%. Operating expenses fell 11% while revenue rose 1%. The quarter ended with a net loss of $7.4M, wider than the previous quarter's $6.5M loss. Non-operating items added $2.6M, -36% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $20.5M (down 6% year over year). Non-cash charges added back $6.5M of depreciation and amortization and $13.7M of share-based compensation. Working capital and other items added $7.7M. Capital expenditures of $4.5M left free cash flow of $16.0M.
Questions
What was Stitch Fix's revenue in the third quarter fiscal 2025?
Stitch Fix (SFIX) reported revenue of $325M for the third quarter fiscal 2025 (Q3 FY25), +0.7% from a year earlier and +4% from the quarter before.
Was Stitch Fix profitable in the third quarter fiscal 2025?
Operating loss was $9.7M (-3.0% of revenue) and net loss $7.4M.
Source: Stitch Fix 10-Q on SEC EDGAR.