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 accordance 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 enable us to proceed reinvesting in our future, together with expertise, ODDITY Labs, and constructing new manufacturers.”
Funding in R&D and new model growth
ODDITY reported progress on two new model launches in the course of the quarter. The corporate confirmed that its third model, at present known as Model 3, stays on monitor for a proper launch within the fourth quarter of 2025.
“The upcoming launch of Model 3 opens up an enormous new marketplace for us with the enlargement into medical grade merchandise,” stated Holtzman. “Simply as we used expertise and our direct-to-consumer mannequin to rework magnificence, we’re turning our sights in the direction of well being care, beginning with dermatology, the place we see a powerful 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 expertise, supporting the “ongoing growth and enlargement of the ODDITY LABS molecule discovery platform.” Designed to facilitate the invention of recent elements and formulations, these efforts mirror a continued concentrate on inner 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 steerage on income, gross margin, adjusted EBITDA, and adjusted EPS,” stated Lindsay Drucker Mann, ODDITY International CFO, within the monetary report. “The third quarter can be off to a powerful 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 amenities 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 steerage.
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%.
