Oddity Tech Raises Full-Year Forecast, Plans Expansion into Medical-Grade Skin Care with New Telehealth Brand

Oddity Tech, the parent company of Il Makiage and SpoiledChild, raised its full-year forecast to $799-$804 million in net revenue and $2.06-$2.09 in adjusted diluted EPS. Q2 net revenue rose to $241 million, and net income increased to $49 million. Oddity plans to launch a new telehealth brand for medical-grade skin care in Q4 and a new brand next year.

Oddity Tech, the parent company of Il Makiage and SpoiledChild, has significantly raised its full-year forecast for the period ending December 31, 2025. The company now expects net revenue to be between $799 million and $804 million, up from the previous outlook of $790 million to $798 million. Adjusted diluted earnings per share (EPS) are forecasted to come in between $2.06 and $2.09, compared to the previous range of $1.99 to $2.04.

In the second quarter ended June 30, 2025, Oddity Tech reported net revenue of $241 million, representing a 25% year-over-year increase. Net income for the period was $49 million, up from $45 million in the same period of the previous year. The company also achieved a net income margin of 20.4%, down from 23.6% a year earlier. Adjusted net income was $57 million, up 12% year-over-year.

Oran Holtzman, cofounder and CEO of Oddity Tech, commented on the strong financial performance and the company's strategic direction. "These strong financials allow us to continue reinvesting in our future, including technology, Oddity Labs, and building new brands," Holtzman said. He also highlighted the upcoming launch of Brand 3, a telehealth platform for consumers with medical-grade skin and body issues, in the fourth quarter of 2025. Brand 4 is set to be launched in 2026.

Oddity Tech's financial results and outlook demonstrate robust growth and profitability, driven by high online revenue growth for both Il Makiage and SpoiledChild, as well as accelerating international expansion. The company's strong cash position, with $815 million in cash, cash equivalents, and investments, and undrawn credit facilities of $200 million as of June 30, 2025, provides a solid foundation for future growth.

References:
[1] https://ca.finance.yahoo.com/news/oddity-raises-full-forecast-plans-201500191.html
[2] https://www.marketscreener.com/news/oddity-tech-reports-record-second-quarter-results-raises-full-year-outlook-ce7c5edad08fff2d