What is Stitch Fix's earnings per share (EPS)?

Stitch Fix (SFIX) reported diluted earnings per share of $-0.22 for fiscal year 2025. This represents a 79.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Stitch Fix Financials

SFIX

Source SEC Filings (10-K/10-Q) Data as of May 2, 2026 Currency USD FYE August

This page shows Stitch Fix (SFIX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SFIX FY2025 2026-06-11

Stitch Fix's turnaround is being driven by overhead right-sizing, not renewed growth, with steady gross margin on a smaller sales base.

By FY2025, revenue was roughly 40.0% below FY2021, yet gross margin still sat near 44.0%, suggesting product-level economics held up even as the revenue base shrank. With operating margin improving from -10.0% in FY2024 to -3.1% in FY2025, the reset looks driven mainly by overhead right-sizing rather than a rebound in customer demand.

FY2025 operating cash flow of $25.6M still covered capital spending, leaving free cash flow positive at $9.3M despite a net loss. That makes the reset less dependent on outside capital than the income statement alone would imply, because the business is losing money more slowly than it is using cash.

Liquidity remains workable with a current ratio of 1.7x. But cash fell to $114.5M while inventory rose to $141.5M in FY2025, and that working-capital shift helps explain why a much smaller loss did not translate into a stronger cash position.

Financial Health Signals

Financial Health Score 31/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Stitch Fix's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Stitch Fix has an operating margin of -3.1%, meaning the company retains $-3 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from -10.0% the prior year.

Growth

Stitch Fix's revenue declined 5.3% year-over-year, from $1.3B to $1.3B. This contraction results in a growth score of 10/100.

Leverage

Stitch Fix has a moderate D/E ratio of 1.60. This balance of debt and equity financing earns a leverage score of 35/100.

Liquidity

Stitch Fix's current ratio of 1.66 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Stitch Fix has a free cash flow margin of 0.7%, earning a moderate score of 33/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Stitch Fix generates a -14.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from -67.6% the prior year.

Altman Z-Score Grey Zone

2.10

Stitch Fix scores 2.10, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/7

Stitch Fix passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.89x

For every $1 of reported earnings, Stitch Fix generates $-0.89 in operating cash flow ($25.6M OCF vs -$28.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.3B

YoY-5.3%

5Y CAGR-5.8%

Stitch Fix generated $1.3B in revenue in fiscal year 2025. This represents a decrease of 5.3% from the prior year.

EBITDA

-$12.8M

YoY+85.6%

Stitch Fix's EBITDA was -$12.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 85.6% from the prior year.

Net Income

-$28.7M

YoY+77.7%

Stitch Fix reported -$28.7M in net income in fiscal year 2025. This represents an increase of 77.7% from the prior year.

EPS (Diluted)

$-0.22

YoY+79.4%

Stitch Fix earned $-0.22 per diluted share (EPS) in fiscal year 2025. This represents an increase of 79.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$9.3M

YoY-34.8%

5Y CAGR-6.0%

Stitch Fix generated $9.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 34.8% from the prior year.

Cash & Debt

$114.5M

YoY-16.5%

5Y CAGR-10.6%

Stitch Fix held $114.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

44.4%

YoY+0.2pp

5Y CAGR+0.4pp

Stitch Fix's gross margin was 44.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.

Operating Margin

-3.1%

YoY+6.9pp

5Y CAGR-0.1pp

Stitch Fix's operating margin was -3.1% in fiscal year 2025, reflecting core business profitability. This is up 6.9 percentage points from the prior year.

Net Margin

-2.3%

YoY+7.4pp

5Y CAGR+1.6pp

Stitch Fix's net profit margin was -2.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.4 percentage points from the prior year.

Return on Equity

-14.1%

YoY+53.5pp

5Y CAGR+1.6pp

Stitch Fix's ROE was -14.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 53.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$16.3M

YoY+16.7%

5Y CAGR-11.6%

Stitch Fix invested $16.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 16.7% from the prior year.

SFIX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.3B-5.3%	$1.3B-16.0%	$1.6B-21.1%	$2.0B-4.0%	$2.1B+22.8%	$1.7B
Cost of Revenue	$704.2M-5.5%	$745.4M-18.7%	$916.9M-18.9%	$1.1B-1.9%	$1.2B+20.5%	$957.5M
Gross Profit	$562.9M-4.9%	$592.0M-12.4%	$675.6M-23.8%	$886.7M-6.4%	$947.6M+25.6%	$754.2M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$601.8M-17.0%	$725.5M-12.7%	$830.9M-22.4%	$1.1B+5.9%	$1.0B+25.5%	$805.9M
Operating Income	-$38.9M+70.8%	-$133.4M+14.1%	-$155.3M+15.8%	-$184.5M-191.1%	-$63.4M-22.6%	-$51.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$821K+149.4%	-$1.7M-290.7%	$871K+137.3%	-$2.3M+95.5%	-$52.2M-369.4%	$19.4M
Net Income	-$28.7M+77.7%	-$128.8M+25.1%	-$172.0M+17.0%	-$207.1M-2233.5%	-$8.9M+86.8%	-$67.1M
EPS (Diluted)	$-0.22+79.4%	$-1.07+28.7%	$-1.50+21.1%	$-1.90-2275.0%	$-0.08+87.9%	$-0.66

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$340.3M-0.3%	$341.3M-0.2%	$342.1M+18.8%	$287.9M-11.4%	$325.0M+4.1%	$312.1M-2.1%	$318.8M-12.8%	$365.5M
Cost of Revenue	$191.4M-0.5%	$192.4M-0.2%	$192.8M+23.0%	$156.7M-13.6%	$181.5M+4.7%	$173.2M-0.4%	$174.0M-16.6%	$208.7M
Gross Profit	$148.8M-0.1%	$148.9M-0.3%	$149.3M+13.8%	$131.2M-8.6%	$143.6M+3.4%	$138.9M-4.1%	$144.8M-7.6%	$156.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$152.9M-0.5%	$153.7M-2.7%	$157.9M+10.6%	$142.8M-6.8%	$153.3M+3.6%	$147.9M-3.8%	$153.8M-29.6%	$218.4M
Operating Income	-$4.0M+15.3%	-$4.7M+44.7%	-$8.6M+26.1%	-$11.6M-19.5%	-$9.7M-7.6%	-$9.0M-0.7%	-$9.0M+85.4%	-$61.6M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$70K+6.1%	$66K+13.8%	$58K-82.9%	$340K+41.1%	$241K+32.4%	$182K+15.9%	$157K+107.3%	-$2.2M
Net Income	-$1.5M+42.5%	-$2.7M+58.3%	-$6.4M+24.9%	-$8.5M-14.8%	-$7.4M-13.0%	-$6.5M-4.4%	-$6.3M+90.5%	-$65.7M
EPS (Diluted)	$-0.01+50.0%	$-0.02+60.0%	$-0.05	N/A	$-0.06-20.0%	$-0.050.0%	$-0.05	N/A

SFIX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$530.7M+4.7%	$507.1M-18.7%	$624.0M-16.2%	$744.7M-19.9%	$929.4M+5.6%	$880.2M
Current Assets	$435.4M+10.9%	$392.5M-12.8%	$450.3M-3.5%	$466.6M-18.5%	$572.8M-4.1%	$597.4M
Cash & Equivalents	$114.5M-16.5%	$137.2M-46.6%	$256.9M+126.6%	$113.3M-54.6%	$249.7M+24.6%	$200.3M
Inventory	$141.5M+18.8%	$119.1M-25.9%	$160.7M-27.0%	$220.2M+19.6%	$184.1M+17.4%	$156.8M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$326.7M+3.2%	$316.6M-19.5%	$393.3M-12.6%	$449.9M-0.2%	$450.8M-0.2%	$451.6M
Current Liabilities	$261.6M+15.5%	$226.6M-16.4%	$270.9M-8.9%	$297.4M-0.3%	$298.2M+1.1%	$295.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$204.1M+7.1%	$190.5M-17.4%	$230.7M-21.7%	$294.8M-38.4%	$478.6M+11.7%	$428.6M
Retained Earnings	-$502.4M-6.1%	-$473.5M-26.6%	-$373.9M-68.2%	-$222.4M-672.3%	$38.9M-34.3%	$59.1M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$506.0M-0.3%	$507.8M-4.3%	$530.7M+10.4%	$480.6M-0.9%	$484.7M+2.6%	$472.6M-6.8%	$507.1M+4.2%	$486.9M
Current Assets	$375.7M-7.0%	$404.1M-7.2%	$435.4M+16.4%	$373.9M+0.2%	$373.3M+5.8%	$352.9M-10.1%	$392.5M+7.0%	$366.7M
Cash & Equivalents	$87.3M-26.5%	$118.8M+3.7%	$114.5M+0.5%	$114.0M+4.6%	$108.9M-3.8%	$113.2M-17.5%	$137.2M-15.8%	$162.9M
Inventory	$132.2M+8.3%	$122.1M-13.7%	$141.5M+19.5%	$118.4M+3.5%	$114.4M+4.4%	$109.6M-8.0%	$119.1M+21.7%	$97.9M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$304.6M+2.0%	$298.5M-8.6%	$326.7M+17.7%	$277.6M-2.4%	$284.4M+3.4%	$274.9M-13.2%	$316.6M+5.6%	$299.8M
Current Liabilities	$250.7M+5.0%	$238.8M-8.7%	$261.6M+26.8%	$206.2M-0.3%	$206.8M+8.2%	$191.2M-15.6%	$226.6M+11.3%	$203.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$201.5M-3.8%	$209.3M+2.6%	$204.1M+0.5%	$203.0M+1.3%	$200.4M+1.3%	$197.8M+3.8%	$190.5M+1.9%	$187.0M
Retained Earnings	-$506.5M-0.3%	-$505.0M-0.5%	-$502.4M-1.3%	-$496.0M-1.8%	-$487.4M-1.5%	-$480.0M-1.4%	-$473.5M-1.3%	-$467.3M

SFIX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$25.6M-9.3%	$28.2M-61.5%	$73.2M-2.6%	$75.2M+579.9%	-$15.7M-136.6%	$42.9M
Capital Expenditures	$16.3M+16.7%	$14.0M-26.0%	$18.9M-58.0%	$45.0M+27.5%	$35.3M+16.7%	$30.2M
Free Cash Flow	$9.3M-34.8%	$14.2M-73.8%	$54.4M+79.7%	$30.3M+159.4%	-$50.9M-502.0%	$12.7M
Investing Cash Flow	N/A	-$78.7M-222.1%	$64.5M+454.5%	$11.6M-70.3%	$39.1M+155.5%	-$70.5M
Financing Cash Flow	N/A	-$15.5M-2.7%	-$15.1M+74.7%	-$59.6M-53.2%	-$38.9M-2609.8%	-$1.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$0	$0-100.0%	$30.0M	$0	$0

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	$11.8M+60.8%	$7.3M-32.9%	$10.9M+55.8%	$7.0M-65.9%	$20.5M+226.5%	-$16.2M-213.6%	$14.3M+74.0%	$8.2M
Capital Expenditures	$5.3M+32.3%	$4.0M-25.6%	$5.3M+26.3%	$4.2M-6.4%	$4.5M+40.1%	$3.2M-25.4%	$4.3M+16.6%	$3.7M
Free Cash Flow	$6.5M+94.6%	$3.4M-39.9%	$5.6M+100.9%	$2.8M-82.7%	$16.0M+182.3%	-$19.4M-295.4%	$9.9M+121.3%	$4.5M
Investing Cash Flow	-$25.6M-699.0%	$4.3M+174.3%	-$5.7M	N/A	-$20.7M-538.4%	-$3.2M+90.9%	-$35.7M+8.8%	-$39.2M
Financing Cash Flow	-$17.6M-141.3%	-$7.3M-58.1%	-$4.6M	N/A	-$4.2M+3.8%	-$4.4M-16.5%	-$3.8M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SFIX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	44.4%+0.2pp	44.3%+1.8pp	42.4%-1.5pp	43.9%-1.2pp	45.1%+1.0pp	44.1%
Operating Margin	-3.1%+6.9pp	-10.0%-0.2pp	-9.8%-0.6pp	-9.1%-6.1pp	-3.0%0.0pp	-3.0%
Net Margin	-2.3%+7.4pp	-9.6%+1.2pp	-10.8%-0.5pp	-10.3%-9.8pp	-0.4%+3.5pp	-3.9%
Return on Equity	-14.1%+53.5pp	-67.6%+6.9pp	-74.5%-4.3pp	-70.3%-68.4pp	-1.8%+13.8pp	-15.7%
Return on Assets	-5.4%+20.0pp	-25.4%+2.2pp	-27.6%+0.3pp	-27.8%-26.9pp	-1.0%+6.7pp	-7.6%
Current Ratio	1.66-0.1	1.73+0.1	1.66+0.1	1.57-0.4	1.92-0.1	2.02
Debt-to-Equity	1.60-0.1	1.66-0.0	1.70+0.2	1.53+0.6	0.94-0.1	1.05
FCF Margin	0.7%-0.3pp	1.1%-2.4pp	3.4%+1.9pp	1.5%+3.9pp	-2.4%-3.2pp	0.7%

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	43.7%+0.1pp	43.6%0.0pp	43.6%-1.9pp	45.6%+1.4pp	44.2%-0.3pp	44.5%-0.9pp	45.4%+2.5pp	42.9%
Operating Margin	-1.2%+0.2pp	-1.4%+1.1pp	-2.5%+1.5pp	-4.0%-1.0pp	-3.0%-0.1pp	-2.9%-0.1pp	-2.8%+14.0pp	-16.9%
Net Margin	-0.4%+0.3pp	-0.8%+1.1pp	-1.9%+1.1pp	-2.9%-0.7pp	-2.3%-0.2pp	-2.1%-0.1pp	-2.0%+16.0pp	-18.0%
Return on Equity	-0.8%+0.5pp	-1.3%+1.8pp	-3.1%+1.1pp	-4.2%-0.5pp	-3.7%-0.4pp	-3.3%-0.0pp	-3.3%+31.9pp	-35.1%
Return on Assets	-0.3%+0.2pp	-0.5%+0.7pp	-1.2%+0.6pp	-1.8%-0.2pp	-1.5%-0.1pp	-1.4%-0.1pp	-1.2%+12.3pp	-13.5%
Current Ratio	1.50-0.2	1.69+0.0	1.66-0.1	1.810.0	1.80-0.0	1.85+0.1	1.73-0.1	1.80
Debt-to-Equity	1.51+0.1	1.43-0.2	1.60+0.2	1.37-0.1	1.42+0.0	1.39-0.3	1.66+0.1	1.60
FCF Margin	1.9%+0.9pp	1.0%-0.6pp	1.6%+0.7pp	1.0%-4.0pp	4.9%+11.2pp	-6.2%-9.3pp	3.1%+1.9pp	1.2%

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Frequently Asked Questions

What is Stitch Fix's annual revenue?

Stitch Fix (SFIX) reported $1.3B in total revenue for fiscal year 2025. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Stitch Fix's revenue growing?

Stitch Fix (SFIX) revenue declined by 5.3% year-over-year, from $1.3B to $1.3B in fiscal year 2025.

Is Stitch Fix profitable?

No, Stitch Fix (SFIX) reported a net income of -$28.7M in fiscal year 2025, with a net profit margin of -2.3%.

What is Stitch Fix's EBITDA?

Stitch Fix (SFIX) had EBITDA of -$12.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Stitch Fix's gross margin?

Stitch Fix (SFIX) had a gross margin of 44.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Stitch Fix's operating margin?

Stitch Fix (SFIX) had an operating margin of -3.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Stitch Fix's net profit margin?

Stitch Fix (SFIX) had a net profit margin of -2.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Stitch Fix's return on equity (ROE)?

Stitch Fix (SFIX) has a return on equity of -14.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Stitch Fix's free cash flow?

Stitch Fix (SFIX) generated $9.3M in free cash flow during fiscal year 2025. This represents a -34.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Stitch Fix's operating cash flow?

Stitch Fix (SFIX) generated $25.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Stitch Fix's total assets?

Stitch Fix (SFIX) had $530.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Stitch Fix's capital expenditures?

Stitch Fix (SFIX) invested $16.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Stitch Fix's current ratio?

Stitch Fix (SFIX) had a current ratio of 1.66 as of fiscal year 2025, which is generally considered healthy.

What is Stitch Fix's debt-to-equity ratio?

Stitch Fix (SFIX) had a debt-to-equity ratio of 1.60 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Stitch Fix's return on assets (ROA)?

Stitch Fix (SFIX) had a return on assets of -5.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Stitch Fix's Altman Z-Score?

Stitch Fix (SFIX) has an Altman Z-Score of 2.10, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Stitch Fix's Piotroski F-Score?

Stitch Fix (SFIX) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Stitch Fix's earnings high quality?

Stitch Fix (SFIX) has an earnings quality ratio of -0.89x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Stitch Fix?

Stitch Fix (SFIX) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.