ODDITY Tech Ltd. Class A ( (ODD) ) has released its Q2 earnings. Here is a breakdown of the information ODDITY Tech Ltd. Class A presented to its investors.
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ODDITY Tech Ltd. is a consumer tech company that specializes in building and scaling digital-first brands to disrupt the beauty and wellness industries through its AI-driven online platform. The company operates with headquarters in New York City, an R&D center in Tel Aviv, and a biotechnology lab in Boston.
In its latest earnings report, ODDITY Tech Ltd. announced record-breaking financial results for the second quarter of 2025, with a notable increase in net revenue and profitability. The company has also raised its financial outlook for the full year, reflecting its strong market position and growth potential.
Key financial highlights from the second quarter include a 25% year-over-year increase in net revenue to $241 million, an adjusted EBITDA of $70 million, and a net income of $49 million. The company also reported significant progress in its strategic initiatives, such as the upcoming launch of Brand 3 into the medical-grade product market and the development of Brand 4 slated for 2026.
ODDITY’s strong cash position, with $815 million in cash and investments, and the successful completion of a $600 million exchangeable note offering, further bolster its financial stability. The company continues to focus on international expansion and the advancement of its ODDITY LABS molecule discovery platform.
Looking ahead, ODDITY’s management remains optimistic about the company’s growth trajectory, driven by a high visibility backlog of repeat orders and strategic investments in technology and new brand development. The company’s raised outlook for the full year 2025 reflects confidence in sustained revenue growth and profitability.