Il Makiage parent Oddity Tech's Q2 profit beats on SpoiledChild brand growth

ODDITY Tech

09/09/2026 12:16

Overview
US consumer tech firm's Q2 revenue fell 25% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased $80 mln of shares and retired $50 mln of notes in Q2

Outlook
Company expects Q3 net revenue to decline about 5% year-over-year
Company sees Q3 adjusted EBITDA between $18 mln and $20 mln
ODDITY expects FY26 net revenue to decline about 19% year-over-year, adjusted EBITDA $30 mln-$32 mln

Result Drivers
IL MAKIAGE ADVERTISING DISLOCATION - Co said revenue decline was mainly due to technical issues with advertising algorithms for IL MAKIAGE
SPOILEDCHILD GROWTH - Double-digit revenue growth for SpoiledChild helped offset declines, per CEO Oran Holtzman
METHODIQ EARLY RESULTS - Strong early results for METHODIQ contributed positively to Q2 performance

Company press release: ID:nGNX25XGkc

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$181 mln
$177.60 mln (9 Analysts)
Q2 Adjusted EPS
Beat
$0.20
$0.16 (9 Analysts)
Q2 EPS
 
$0.24
 
Q2 Adjusted Net Income
Beat
$11 mln
$6.49 mln (6 Analysts)
Q2 Adjusted EBITDA
Beat
$13 mln
$8.84 mln (6 Analysts)
Q2 Gross Margin
 
68.70%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 7 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy."
Wall Street's median 12-month price target for ODDITY Tech Ltd. is $10.00, about 23.2% below its September 8 closing price of $13.03
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 13 three months ago

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Sept 8 - GameStop Q2 net sales fall on store closures, France business divestiture

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)