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.

On August 20, 2026, ODDITY Tech Ltd. appointed David S. Cohen as an independent director and Audit Committee member, effective immediately. Mr. Cohen serves a Class II term expiring at the 2028 annual general meeting. He is a retired Managing Director from Morgan Stanley Investment Management with over 30 years of experience. This appointment does not constitute a material event affecting investor value or operations. ODDITY Tech Ltd. operates in the fintech industry, providing AI-driven compliance and risk management solutions for financial institutions.

On June 11, 2026, Oddity Finance LLC, a subsidiary of ODDITY Tech Ltd., entered into repurchase agreements to buy back $50 million in aggregate principal amount of its 0% Exchangeable Senior Notes due 2030. The transactions are expected to close on June 17, 2026, for a total purchase price of $35 million. Following these repurchases, $550 million in principal amount of the notes will remain outstanding. The company operates in the beauty and wellness industry, utilizing technology to develop consumer products.