ODDITY Tech Beats Estimates With Strong Q2 Revenue
ODDITY Tech delivered a Q2 surprise with adjusted EBITDA of $13 million despite a 25% revenue decline driven by IL MAKIAGE ad disruptions. The company is leveraging a $561 million cash cushion and strong SpoiledChild growth to navigate headwinds, with full-year 2026 revenue expected to drop 19%.
According to GN markets/earnings (en-US), management projects Q2 2026 adjusted EBITDA of $13 million, significantly exceeding the prior outlook of $8-10 million, while SpoiledChild is tracking to generate approximately $350 million in net revenue for the full year. The company also reported a robust liquidity position with $561 million in cash and investments, alongside aggressive share buybacks that have reduced outstanding shares by roughly 20% year-to-date.
Source: GN markets/earnings (en-US)According to GN markets/earnings (en-US), management attributed the revenue miss to a technical "audience drift" issue with a major ad partner, which they expect to resolve soon to restore IL MAKIAGE's growth trajectory. The company also highlighted that its SpoiledChild brand is on track for 35% growth in 2026, while Q3 guidance suggests a narrower sequential decline compared to the full-year outlook.
Source: GN markets/earnings (en-US)According to GN markets/earnings (en-US), the $0.20 per share result represents a 66.67% beat over the $0.12 consensus, while revenue of $180.52 million exceeded expectations by 3.27% despite a year-over-year decline. The report notes that Oddity Tech shares have fallen 67.6% year-to-date, lagging significantly behind the S&P 500's 12.1% gain.
Source: GN markets/earnings (en-US)ODDITY Tech surpassed analyst expectations in Q2 2026, driven by robust revenue growth and consistent per-share profitability.
Source: GN markets/earnings (en-US)
