Earnings ·
ODDITY Tech Ltd. reported second quarter 2026 financial results for the period ended June 30, 2026
ODDOddity Tech Ltd
ODDITY Tech Ltd. reported second quarter 2026 financial results for the period ended June 30, 2026. Net revenue declined approximately 25% year-over-year to $181 million, while adjusted EBITDA was $13 million and net income was $13 million. The company repurchased $80 million of Class A ordinary shares and retired $50 million of zero coupon exchangeable notes due 2030 during the quarter. ODDITY provided third quarter guidance expecting net revenue to decline approximately 5% year-over-year, a sequential improvement from prior periods, driven by growth at SpoiledChild and METHODIQ despite ongoing technical issues with its largest advertising partner, IL MAKIAGE. The company operates in the consumer technology industry, building and scaling digital-first beauty and wellness brands.