Filing Flows › Stitch Fix (SFIX) › Takeover & LBO
Is Stitch Fix (SFIX) a takeover target?
A leveraged buyout does not work for Stitch Fix on its latest figures: its EBITDA margin is only 0.1% ($932K on revenue of $1.3B), too thin to carry buyout debt. Historically 11.2% of companies with its figures were bought within a year (2.23× the average).
Why a leveraged buyout does not fit
Stitch Fix kept 0.1% of its revenue as EBITDA over the last 12 months ($932K on $1.3B). A margin that thin cannot carry the debt a leveraged buyout needs — a small dip in sales would leave nothing for interest — so the model gives no buyout price.
What a takeover could cost
Takeovers on record paid a median premium of 32.5% over the share price before the deal (the middle half 20% to 51.8%), according to the 1,437 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Stitch Fix would cost about $3.58 a share, $484M for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 20% | $3.24 | $438M |
| Median | 32.5% | $3.58 | $484M |
| High end (a quarter paid more) | 51.8% | $4.10 | $555M |
The odds, from history
Historically 11.2% of companies with its figures were bought within a year (2.23× the average). Its figures put it in decile 10 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Stitch Fix's latest quarter
Stitch Fix, Q4 FY26: revenue $324M (+4% year over year), operating margin -1.3%, net loss $2.1M, operating cash flow $9.1M. The chart follows the revenue to costs, profit and cash.
Questions
Is Stitch Fix being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Stitch Fix?
A leveraged buyout does not work for Stitch Fix on its latest figures: its EBITDA margin is only 0.1% ($932K on revenue of $1.3B), too thin to carry buyout debt. A margin that thin leaves almost nothing to pay interest with, so buyout debt does not fit.
What would a takeover of Stitch Fix cost?
Takeovers on record paid a median premium of 32.5% over the share price before the deal (the middle half 20% to 51.8%), according to the 1,437 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Stitch Fix would cost about $3.58 a share, $484M for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.