ODDITY Tech raises 2026 earnings guidance after Q3 results

ODDITY Tech (NASDAQ:ODD) reported third-quarter 2026 revenue of US$145 million, down approximately 2% year-over-year, while raising its full-year revenue and adjusted EBITDA guidance.

Revenue performed better than the company's previous outlook, which projected a 5% decline, while net income fell to US$11 million from US$18 million.

The company reported that third-quarter revenue exceeded its expectations and supported an improved full-year financial outlook.

Adjusted EBITDA, a non-GAAP earnings measure, declined to US$22 million from US$29 million but exceeded the company's US$18 million–US$20 million forecast, while diluted earnings per share fell to US$0.23 from US$0.28.

ODDITY now expects full-year 2026 revenue to decline approximately 18.5%, compared with its previous forecast of 19%, and adjusted EBITDA of US$32 million–US$34 million, while fourth-quarter guidance calls for a 10%–11% revenue decline and US$4 million–US$6 million in adjusted EBITDA.

ODDITY Tech operates a technology-driven beauty and wellness business, using digital platforms and data-based tools to connect consumers with beauty and personal care products.

The company reported US$561 million in cash, cash equivalents and investments at September 30, 2026, alongside US$350 million in undrawn credit facilities, providing additional available financing capacity.