Stitch Fix, Inc.
Business
Stitch Fix is an online personal styling service that pairs expert Stylists with artificial intelligence and recommendation algorithms to curate personalized shipments of apparel, shoes, and accessories for clients. The company offers two primary engagement models: Fix (curated boxes delivered on auto-ship or on-demand schedules) and Freestyle (direct purchases from personalized online assortments). Stitch Fix sources merchandise from brand partners and operates owned private label brands, serving clients across women's, men's, kids, petite, maternity, and plus categories in the United States through three fulfillment centers.
Summary from 10-K filed 2025-09-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Revenue, net | 1,267 | 1,337 | 1,593 | 2,018 | 2,101 | |
| Cost of goods sold | 704 | 745 | 917 | 1,131 | 1,154 | |
| Gross profit | 563 | 592 | 676 | 887 | 948 | |
| Selling, general, and administrative expenses | 602 | 725 | 831 | 1,071 | 1,011 | |
| Operating loss | −39 | −133 | −155 | −184 | −63 | |
| Interest income | 11 | 11 | 6 | 924,000 | 3 | |
| Other income (expense), net | 173,000 | 2 | −25,000 | −394,000 | −366,000 | |
| Loss before income taxes | −28 | −121 | −149 | −184 | −61 | |
| Provision (benefit) for income taxes | 821,000 | −2 | 871,000 | −2 | −52 | |
| Net loss from continuing operations | −29 | −119 | −150 | −182 | — | |
| Net income (loss) from discontinued operations, net of income taxes | 105,000 | −10 | −22 | −26 | — | |
| Net loss | −29 | −129 | −172 | −207 | −9 | |
| Change in unrealized gains and losses on available-for-sale securities, net of tax | −99,000 | 267,000 | 2 | −2 | −2 | |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | 0 | −1 | 2 | — | — | |
| Foreign currency translation | 0 | 1 | 2 | −5 | 2 | |
| Total other comprehensive income (loss), net of tax | −99,000 | −862,000 | 4 | −7 | 683,000 | |
| Comprehensive loss | −29 | −130 | −168 | −214 | −8 | |
| Basic (in dollars per share) | −0.22 | −0.99 | −1.31 | −1.67 | — | |
| Diluted (in dollars per share) | −0.22 | −0.99 | −1.31 | −1.67 | — | |
| Basic (in dollars per share) | 0 | −0.08 | −0.19 | −0.23 | — | |
| Diluted (in dollars per share) | 0 | −0.08 | −0.19 | −0.23 | — | |
| Basic (in dollars per share) | −0.22 | −1.07 | −1.5 | −1.9 | −0.08 | |
| Diluted (in dollars per share) | −0.22 | −1.07 | −1.5 | −1.9 | −0.08 | |
| Basic (in shares) | 129 | 120 | 115 | 109 | 106 | |
| Diluted (in shares) | 129 | 120 | 115 | 109 | 106 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 114 | 163 | 239 | 131 | 130 | |
| Short-term investments | 121 | 84 | 18 | 82 | — | |
| Inventory, net | 118 | 98 | 131 | 197 | 212 | |
| Prepaid expenses and other current assets | 21 | 22 | 28 | 39 | 51 | |
| Total current assets | 374 | 367 | 425 | 477 | 522 | |
| Long-term investments | 8 | 0 | 0 | 18 | — | |
| Property and equipment, net | 43 | 52 | 80 | 103 | 87 | |
| Operating lease right-of-use assets | 51 | 64 | 105 | 132 | 119 | |
| Other long-term assets | 4 | 5 | 3 | 8 | 6 | |
| Total assets | 481 | 487 | 614 | 765 | 819 | |
| Accounts payable | 89 | 87 | 97 | 144 | 73 | |
| Operating lease liabilities | 23 | 22 | 28 | 29 | 26 | |
| Accrued liabilities | 76 | 73 | 70 | 94 | 99 | |
| Gift card liability | 6 | 7 | 10 | 11 | 10 | |
| Deferred revenue | 9 | 9 | 11 | 14 | 18 | |
| Other current liabilities | 3 | 5 | 9 | 3 | 2 | |
| Current liabilities, discontinued operations | 0 | 502,000 | 13 | — | — | |
| Total current liabilities | 206 | 204 | 238 | 296 | 228 | |
| Operating lease liabilities, net of current portion | 71 | 96 | 125 | 141 | 122 | |
| Other long-term liabilities | 658,000 | 606,000 | 4 | 5 | 8 | |
| Total liabilities | 278 | 300 | 367 | 442 | 358 | |
| Commitments and contingencies (Note 8) | — | — | — | — | — | |
| Additional paid-in capital | 729 | 685 | 615 | 523 | 417 | |
| Accumulated other comprehensive income (loss) | −434,000 | −335,000 | 527,000 | −4 | 3 | |
| Accumulated deficit | −496 | −467 | −338 | −166 | 41 | |
| Treasury stock, at cost $2,302,141 and $2,302,141 shares as of August 2, 2025, and August 3, 2024, respectively | −30 | −30 | −30 | −30 | — | |
| Total stockholders equity | 203 | 187 | 247 | 323 | 461 | |
| Total liabilities and stockholders equity | 481 | 487 | 614 | 765 | 819 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Change in inventory reserves | 4 | −15 | −18 | 15 | 9 | |
| Stock-based compensation expense | 57 | 77 | 102 | 126 | 101 | |
| Depreciation, amortization, and accretion | 26 | 44 | 42 | — | — | |
| Asset impairment | 0 | 19 | 17 | 6 | 0 | |
| Other | 50,000 | −869,000 | 2 | 300,000 | −4 | |
| Inventory | −25 | 48 | 76 | 1 | −96 | |
| Prepaid expenses and other assets | 1 | 3 | 11 | 9 | −20 | |
| Income tax receivables | 242,000 | 431,000 | 53 | 1 | −32 | |
| Operating lease right-of-use assets and liabilities | −11 | −12 | −3 | 5 | −2 | |
| Accounts payable | 2 | −10 | −40 | 67 | −12 | |
| Accrued liabilities | 3 | 5 | −20 | −5 | 22 | |
| Deferred revenue | −601,000 | −2 | −3 | −4 | 5 | |
| Gift card liability | −511,000 | −4 | −205,000 | 634,000 | 1 | |
| Other liabilities | −2 | −7 | 4 | −2 | −9 | |
| Net cash provided by operating activities from continuing operations | 26 | 28 | 73 | — | — | |
| Proceeds from sale of property and equipment | 0 | 350,000 | 842,000 | 0 | 0 | |
| Purchases of property and equipment | −16 | −14 | −19 | −45 | −35 | |
| Purchases of securities available-for-sale | −198 | −97 | −258,000 | −94 | −174 | |
| Sales of securities available-for-sale | 11 | 0 | 7 | 45 | 105 | |
| Maturities of securities available-for-sale | 144 | 32 | 76 | 106 | 144 | |
| Net cash provided by (used in) investing activities from continuing operations | −59 | −79 | 64 | — | — | |
| Proceeds from the exercise of stock options, net | 1 | 1 | 161,000 | 2 | 26 | |
| Payments for tax withholdings related to vesting of restricted stock units | −16 | −16 | −15 | −31 | −64 | |
| Other | −93,000 | −431,000 | −117,000 | 0 | −501,000 | |
| Net cash used in financing activities from continuing operations | −15 | −15 | −15 | — | — | |
| Net increase (decrease) in cash and cash equivalents from continuing operations | −49 | −66 | 123 | 27 | — | |
| Net cash used in operating activities from discontinued operations | −397,000 | −10 | −15 | −20 | — | |
| Net cash used in investing activities from discontinued operations | 0 | 0 | −150,000 | −1 | — | |
| Net cash used in financing activities from discontinued operations | 0 | −172,000 | −454,000 | −670,000 | — | |
| Net decrease in cash and cash equivalents from discontinued operations | −397,000 | −10 | −16 | −22 | — | |
| Effect of exchange rate changes on cash and cash equivalents | 0 | −688,000 | 2 | — | — | |
| Net increase (decrease) in cash and cash equivalents | −49 | −77 | 109 | 1 | −14 | |
| Cash paid for income taxes | 814,000 | 1 | 1 | 868,000 | 461,000 | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | 1 | 1 | 1 | 2 | 4 | |
| Capitalized stock-based compensation | 3 | 5 | 6 | 8 | 6 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Stitch Fix, Inc.'s CIK number?
Stitch Fix, Inc.'s SEC CIK number is 0001576942 (1576942). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Stitch Fix, Inc.'s SEC filings?
All of Stitch Fix, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Stitch Fix, Inc. last report earnings?
Stitch Fix, Inc. (SFIX) most recently filed an earnings 8-K with the SEC on Jun 10, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-042186). This is Stitch Fix, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Stitch Fix, Inc.'s most recent earnings 8-K?
Stitch Fix, Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 10, 2026 under accession 0001628280-26-042186. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Stitch Fix, Inc.'s latest earnings 8-K →
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