ODDITY experiences file Q2 financials

The corporate behind IL MAKIAGE and SpoiledChild has reported robust monetary outcomes for the second quarter of 2025 and raised its full-year outlook. In line with ODDITY’s monetary report launched earlier this week, “web income was $241 million in comparison with $193 million within the second quarter of 2024, representing a 25% year-over-year enhance.”

ODDITY additionally reported that “gross revenue was $174 million in comparison with $139 million within the second quarter of 2024,” with a gross margin of 72.3%.

The corporate posted an adjusted EBITDA of $70 million, a key profitability metric. Whereas this represents a 12% enhance from the earlier 12 months, the corporate famous a year-over-year decline in adjusted EBITDA margin from 32.3% to twenty-eight.8%, reflecting elevated investments in progress initiatives.

“Our enterprise is rising with excessive profitability, a number of engines, and lengthy runways,” stated Oran Holtzman, ODDITY co-founder and CEO, within the firm’s press launch. “These robust financials permit us to proceed reinvesting in our future, together with know-how, ODDITY Labs, and constructing new manufacturers.”

Funding in R&D and new model growth

ODDITY reported progress on two new model launches through the quarter. The corporate confirmed that its third model, at present known as Model 3, stays on observe for a proper launch within the fourth quarter of 2025.

“The upcoming launch of Model 3 opens up a large new marketplace for us with the enlargement into medical grade merchandise,” stated Holtzman. “Simply as we used know-how and our direct-to-consumer mannequin to remodel magnificence, we’re turning our sights in the direction of well being care, beginning with dermatology, the place we see a robust and worthwhile runway.”

ODDITY additionally confirmed the event of Model 4 is underway with plans to launch in 2026.

Assets proceed to be invested in proprietary analysis know-how, supporting the “ongoing growth and enlargement of the ODDITY LABS molecule discovery platform.” Designed to facilitate the invention of latest components and formulations, these efforts replicate a continued concentrate on inside innovation.

Continued momentum throughout core manufacturers

Flagship manufacturers IL MAKIAGE and SpoiledChild each posted “double-digit on-line income progress” in Q2 2025. The corporate additionally cited accelerated worldwide enlargement efforts as a key operational spotlight for the interval.

“We’re happy with our monetary outcomes for the second quarter, which beat our steering on income, gross margin, adjusted EBITDA, and adjusted EPS,” stated Lindsay Drucker Mann, ODDITY World CFO, within the monetary report. “The third quarter can be off to a robust begin.”

Strong money place helps future funding

Throughout its earnings name webcast, and in its monetary report, ODDITY representatives emphasised the corporate’s robust liquidity, citing “money and money equivalents, restricted money, short-term deposits and marketable securities” totaling $815 million as of June 30, 2025.

Moreover, ODDITY maintains “undrawn credit score services of $200 million,” the monetary report confirmed, giving it appreciable monetary flexibility for future initiatives, together with analysis and growth, infrastructure enlargement, or acquisitions.

Optimistic full-year outlook revisions

Citing stronger-than-expected Q2 efficiency and a “excessive visibility backlog of repeat orders,” the corporate raised its full-year monetary steering.

For the 12 months ending December 31, 2025, ODDITY now expects web income between $799 million and $804 million, representing 23% to 24% year-over-year progress, and a gross margin of roughly 71%.