Stitch Fix Inc (0L9X.L) Q1 2025 Earnings Report

Stitch Fix reported Q1 2025 revenue of $318.8 million, delivering a gross profit of $144.8 million and a gross margin of 45.4%. The quarter generated a net loss of $6.26 million and an EBITDA shortfall of $2.11 million, pointing to ongoing fixed-cost and SG&A investments as the company continues its transformation in a competitive apparel e-commerce landscape. Revenue declined modestly versus the prior-year period (-1.21% YoY) and was flat to slightly down QoQ (-0.23%). Despite a negative bottom line, operating cash flow of $14.27 million and free cash flow of $9.95 million highlighted improving cash-generation dynamics, supported by disciplined working capital management and a liquid balance sheet (net cash position of approximately $25.69 million). Cash and short-term investments totaled about $253.3 million, underpinning liquidity for strategic initiatives and potential margin optimization initiatives going forward.