In Q4 2025, Stitch Fix reported a 2.6% YoY decrease in net revenue, but a 4.4% increase on a 13-week adjusted basis. Net revenue per active client grew to $549. FY 2025 saw a YoY expansion in gross margin to 44.4%.

Stitch Fix’s CEO, Matt Baer, highlighted the positive momentum in fiscal 2025 driven by transformation strategies. Q4 2025 key metrics included a net revenue of $311.2 million, a 3.0% YoY increase in net revenue per active client, and a gross margin of 43.6%.

For FY 2025, Stitch Fix reported a 5.3% YoY decrease in net revenue, but a 3.7% decrease adjusting for the extra week in fiscal 2024. Gross margin increased to 44.4%. Net loss was $28.8 million, with an Adjusted EBITDA of $49.1 million.

Stitch Fix’s financial outlook for Q1 2026 includes a net revenue range of $333 million to $338 million. For FY 2026, the net revenue is projected to be $1.28 billion to $1.33 billion. The company expects a gross margin between 43% and 44% for the full year.

Stitch Fix defines active clients as those who checked out a Fix or received an item via Freestyle in the preceding 52 weeks. Net revenue per active client is calculated based on the net revenue over the past four fiscal quarters divided by the number of active clients.

Stitch Fix also provided information on non-GAAP financial measures, including Adjusted EBITDA and Free Cash Flow. These metrics offer additional insights into the company’s performance beyond GAAP measures. Operating metrics show active client numbers and net revenue per active client over recent periods.

Read more at GlobeNewswire: Stitch Fix Announces Fourth Quarter and Full Fiscal Year