Stitch Fix, Inc. SFIX
Stitch Fix is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best.
In 2011, Stitch Fix, Inc. ("we," "our," "us," "the Company," or "Stitch Fix") introduced an innovative approach to shopping for clothing and accessories. We were inspired by the opportunity to create a client-first styling experience, offering an alternative to impersonal, time-consuming and inconvenient traditional shopping.
Since inception, our business has been grounded in our commitment to developing and fostering client relationships and making people happier and more confident in what they wear. We help our clients discover and define their style. We reduce their anxiety and stress when getting ready in the morning. And, we give them time back in their lives to invest in themselves.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.34B | $1.59B | $2.02B | $2.10B | $1.71B | $1.58B | $1.23B | $977.1M | $730.3M |
| Cost of revenue | $704.2M | $745.4M | $916.9M | $1.13B | $1.15B | $957.5M | $874.4M | $690.5M | $542.7M | $407.1M |
| Gross profit | $562.9M | $592.0M | $675.6M | $886.7M | $947.6M | $754.2M | $703.1M | $536.0M | $434.4M | $323.2M |
| SG&A | $601.8M | $725.5M | $830.9M | $1.07B | $1.01B | $805.9M | $679.6M | $493.0M | $402.8M | $259.0M |
| Operating income | -$38.9M | -$133.4M | -$155.3M | -$184.5M | -$63.4M | -$51.7M | $23.5M | $43.0M | $31.6M | $64.2M |
| Pre-tax income | -$28.0M | -$120.5M | -$149.5M | -$183.9M | -$61.1M | -$47.7M | $30.8M | $54.7M | $12.8M | $61.2M |
| Income tax | $821.0K | $1.7M | $871.0K | $2.3M | $52.2M | $19.4M | $6.1M | $9.8M | $13.4M | $28.0M |
| Net income | -$28.7M | -$128.8M | -$172.0M | -$207.1M | -$8.9M | -$67.1M | $36.9M | $44.9M | -$594.0K | $33.2M |
| EPS, basic | -0.22 | -1.07 | -1.50 | -1.90 | -0.08 | -0.66 | 0.37 | 0.47 | -0.02 | 0.36 |
| EPS, diluted | -0.22 | -1.07 | -1.50 | -1.90 | -0.08 | -0.66 | 0.36 | 0.34 | -0.02 | 0.34 |
| Shares, diluted (wtd. avg.) | 128.8M | 120.2M | 114.7M | 108.8M | 106.0M | 102.4M | 103.7M | 81.3M | 25.0M | 27.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $114.0M | $162.9M | $239.4M | $130.9M | $129.8M | $143.5M | $170.9M | $310.4M | $120.0M | $101.5M |
| Short-term investments | $120.9M | $84.1M | $18.2M | $82.0M | $101.5M | $143.0M | $143.3M | $0 | — | — |
| Inventory | $118.4M | $97.9M | $130.5M | $197.3M | $212.3M | $124.8M | $118.2M | $85.1M | $67.6M | — |
| Total current assets | $373.9M | $366.7M | $425.5M | $477.3M | $521.8M | $466.3M | $482.4M | $417.0M | $197.8M | — |
| Property, plant and equipment | $43.2M | $51.5M | $79.8M | $103.4M | $87.0M | $70.4M | $54.9M | $34.2M | $26.7M | — |
| Total assets | $480.6M | $486.9M | $614.5M | $764.5M | $819.1M | $769.4M | $616.1M | $481.6M | $257.2M | — |
| Accounts payable | $89.2M | $87.1M | $96.7M | $143.9M | $73.5M | $85.2M | $90.9M | $79.8M | $44.2M | — |
| Total current liabilities | $206.2M | $203.6M | $238.1M | $295.6M | $228.3M | $212.2M | $182.6M | $142.2M | $133.9M | — |
| Total liabilities | $277.6M | $299.8M | $367.2M | $441.9M | $358.3M | $368.4M | $220.1M | $166.5M | $153.1M | — |
| Retained earnings | -$496.0M | -$467.3M | -$338.4M | -$166.4M | $40.7M | $49.6M | $116.7M | $79.8M | $34.9M | — |
| Total equity | $203.0M | $187.0M | $247.3M | $322.7M | $460.8M | $401.0M | $396.0M | $315.1M | $61.9M | $49.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $25.6M | $28.2M | $73.2M | $75.2M | -$15.7M | $42.9M | $78.6M | $72.2M | $38.6M | $45.1M |
| Depreciation and amortisation | $26.1M | $44.5M | $42.1M | $33.5M | $27.6M | $22.6M | $16.1M | $10.5M | $7.7M | $3.5M |
| Stock-based compensation | $56.7M | $76.8M | $102.1M | $126.1M | $100.7M | $67.5M | $35.3M | $15.4M | $3.5M | $1.9M |
| Capital expenditure | $16.3M | $14.0M | $18.9M | $45.0M | $35.3M | $30.2M | $30.8M | $16.6M | $17.1M | $15.2M |
| Investing cash flow | -$59.1M | -$78.7M | $64.5M | $11.6M | $39.1M | -$70.5M | -$225.2M | -$16.6M | -$17.1M | -$15.2M |
| Financing cash flow | -$15.0M | -$15.5M | -$15.1M | -$59.6M | -$38.9M | -$1.4M | $6.9M | $134.8M | -$3.0M | $499.0K |
| Buybacks | — | $0 | $0 | $30.0M | $0 | $0 | $0 | $39.0K | $3.6M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-25-042782.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $730.3M | $977.1M | $1.23B | $1.58B | $1.71B | $2.10B | $2.02B | $1.59B | $1.34B | $1.27B |
| Gross profit | $323.2M | $434.4M | $536.0M | $703.1M | $754.2M | $947.6M | $886.7M | $675.6M | $592.0M | $562.9M |
| Net income | $33.2M | -$594.0K | $44.9M | $36.9M | -$67.1M | -$8.9M | -$207.1M | -$172.0M | -$128.8M | -$28.7M |
Recent filings and events
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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