ODDITY shares surge on Q2 beat and raised FY26 guidance

ODDITY shares surge on Q2 beat and raised FY26 guidance

Wed, September 9, 2026 at 6:08 PM GMT+3 1 min read

• ODD +15.16%

ODDITY (NASDAQ:ODD) shares jumped 14% on Wednesday after the company posted second-quarter results that topped Wall Street estimates and issued a stronger-than-expected full-year profit outlook.

The consumer tech company reported revenue of $181 million for the quarter, beating estimates of $178 million but down 25% from a year earlier. Adjusted earnings per share came in at $0.20, ahead of the $0.16 estimate, while adjusted EBITDA reached $13 million, more than the $8.8 million analysts had projected.

For fiscal 2026, ODDITY guided adjusted EBITDA of $30 million to $32 million, well above the $10.7 million estimate, with revenue expected to decline 19% year-over-year. For the third quarter, the company forecast adjusted EBITDA of $18 million to $20 million against estimates of $6.3 million, with revenue seen down 5% from a year earlier.

Gross margin was 68.7%, down 360 basis points from a year ago. Net income for the quarter was $13 million, and the company held $561 million in cash, cash equivalents and investments.

"We made progress during the quarter, including strong results for both SpoiledChild and METHODIQ," said Oran Holtzman, ODDITY co-founder and CEO. "We remain hopeful that IL MAKIAGE is on track to achieve normalization and we continue to work in close partnership with our largest advertising partner to solve the technical issue."

ODDITY is a consumer tech company that uses AI and data science to build digital-first beauty and wellness brands, including IL MAKIAGE, SpoiledChild and METHODIQ, serving over 70 million users.