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Stitch Fix SFIX Upfront styling fees — Deferred Revenue

Other product segments

Style Pass annual fees
$2.37M-17.1%
Freestyle orders
$1M+3.7%

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SABRDeferred revenue including upfront solution fees
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$2.7M-51.8%
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$60.76M+0.3%
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$266M+102%

Other financials

Income statement

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Revenue$340.3M+4.7%
Gross profit$148.8M+3.7%
Operating income-$4.0M+58.6%
Net income-$1.5M+79.3%
EPS (diluted)-$0.01+83.3%

Balance sheet

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Cash & equivalents$87.3M-19.8%
Total debt$74.5M-24.9%
Total equity$201.5M+0.5%
Total assets$506.0M+4.4%

Cash flow

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Operating cash flow$11.8M-42.6%
CapEx$5.3M+16.3%
Free cash flow$6.5M-59.2%

Valuation

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Market cap$573.73M+16.3%
Enterprise value$560.93M+16.0%
P/S0.4×0.0×

Profitability

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Gross margin43.7%-1.0pp
Operating margin-2.1%-0.8pp
Net margin-1.4%-0.6pp
FCF margin1.4%+0.5pp

Returns & leverage

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Return on equity-9.5%-3.8pp
Debt / equity0.4×-0.1×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by Stitch Fix in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Stitch Fix’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Stitch Fix's upfront styling fees — deferred revenue?
Stitch Fix (SFIX) reported upfront styling fees — deferred revenue of $4.93M in Q1 2026.
How has Stitch Fix's upfront styling fees — deferred revenue changed year-over-year?
Stitch Fix's upfront styling fees — deferred revenue decreased by 5.2% year-over-year, from $5.2M to $4.93M.
What is the long-term trend for Stitch Fix's upfront styling fees — deferred revenue?
Over 4 years (2021 to 2025), Stitch Fix's upfront styling fees — deferred revenue has grown at a -18.6% compound annual growth rate (CAGR), from $46.47M to $20.42M.
What does upfront styling fees — deferred revenue mean?
This metric represents the balance of styling fees collected from customers in advance of the service being performed or the shipment being delivered. It serves as a liability on the balance sheet, reflecting the obligation to provide future styling services for which payment has already been received. Monitoring this balance provides insight into the company's future service delivery pipeline and customer commitment levels.