Stitch Fix Reports Q1 FY26 Revenue of $342.1M, Up 7.3% YoY; Active Clients Down 5.2% YoY

Stitch Fix reported Q1 FY26 financial results, with net revenue of $342.1 million, up 7.3% YoY, and active clients of 2.307 million, a decrease of 0.1% QoQ but a decrease of 5.2% YoY. Gross profit increased 3.1% YoY to $149.3 million, while net loss was $6.4 million. Adjusted EBITDA was $13.4 million. The company expects Q2 FY26 revenue of $335-340 million and adjusted EBITDA of $10-13 million. For FY26, Stitch Fix expects net revenue of $1.32-1.35 billion, up 4.2-6.5% YoY, and adjusted EBITDA of $38-48 million.