ODDITY Tech Reports Third Quarter 2026 Results Ahead of Plan, Raises Full Year Net Revenue And Adjusted EBITDA Outlook
Key Highlights
- ➤Q3 net revenue $145 million, down 2% year-over-year and above outlook
- ➤Q3 adjusted EBITDA $22 million, beating guidance range of $18 million-$20 million
- ➤Full-year adjusted EBITDA outlook raised to $32 million-$34 million from $30 million-$32 million
- ➤SpoiledChild on track for at least 35% growth and nearly $350 million 2026 revenue
- ➤Cash, equivalents and investments totaled $561 million; $350 million credit facilities remain undrawn
Expert Statements
Oran Holtzman, Co-founder and CEO of ODDITY
“We made further progress stabilizing our business and delivered strong results for SpoiledChild and METHODIQ”
Oran Holtzman, Co-founder and CEO of ODDITY
“We continue to work in close collaboration with our largest advertising partner to solve the IL MAKIAGE account dislocation and are hopeful we are on a path to normalization.”
Oran Holtzman, Co-founder and CEO of ODDITY
“Our goal is to return the company to growth and we are optimistic about the initiatives planned for 2027.”
Lindsay Drucker Mann, Global CFO of ODDITY
“Third quarter net revenue declined 2% year-over-year, better than our outlook and a substantial sequential improvement from the second quarter,”
Lindsay Drucker Mann, Global CFO of ODDITY
“We are raising our full year net revenue outlook and adjusted EBITDA outlook.”
* Third quarter net revenue of $145 million, down approximately 2% year-over-year * Third quarter adjusted EBITDA of $22 million * Third quarter net income of $11 million and third quarter adjusted net income of $18 million * Strong liquidity position including cash, cash equivalents and investments of $561 million, and aggregate credit facilities of $350 million which remain undrawn NEW YORK, Nov. 11, 2026 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQ: ODD) today announced its financial results for the third quarter ended September 30, 2026.
“We made further progress stabilizing our business and delivered strong results for SpoiledChild and METHODIQ,” said Oran Holtzman, ODDITY co-founder and CEO. “We continue to work in close collaboration with our largest advertising partner to solve the IL MAKIAGE account dislocation and are hopeful we are on a path to normalization. Our goal is to return the company to growth and we are optimistic about the initiatives planned for 2027.”
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