ODDITY Tech Ltd. Class A ( (ODD) ) has released its Q1 earnings. Here is a breakdown of the information ODDITY Tech Ltd. Class A presented to its investors.
ODDITY Tech Ltd. is a consumer tech company that specializes in creating digital-first brands to disrupt the beauty and wellness industries, leveraging AI-driven platforms to serve approximately 60 million users worldwide. The company operates with headquarters in New York City, an R&D center in Tel Aviv, and a biotechnology lab in Boston.
ODDITY Tech Ltd. has reported record-breaking results for the first quarter of 2025, with net revenue reaching $268 million, marking a 27% increase year-over-year. The company has also raised its full-year outlook, attributing its success to strategic investments and the ongoing transformation of the beauty industry towards online platforms and high-performance products.
Key financial highlights include a gross profit of $201 million, a net income of $38 million, and an adjusted EBITDA of $52 million. The company also reported a strong cash flow position with $88 million in operating cash flow and $87 million in free cash flow. ODDITY’s brands, IL MAKIAGE and SpoiledChild, showed double-digit revenue growth, and the company is progressing with its international expansion and the development of its ODDITY LABS molecule discovery platform.
ODDITY’s balance sheet remains robust with $257 million in cash, cash equivalents, and investments, and no outstanding debt. The company has raised its 2025 financial outlook, expecting net revenue between $790 million and $798 million, and adjusted EBITDA between $157 million and $161 million, reflecting confidence in managing tariff and trade-related headwinds.
Looking ahead, ODDITY Tech Ltd. is optimistic about its growth prospects, supported by a resilient business model and strong market demand. The company plans to continue investing in its expansion and innovation efforts, positioning itself to capitalize on the ongoing shift towards digital and high-performance beauty solutions.