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Oddity Tech Shares Rally 24% Following Q2 Earnings Beat

Oddity Tech stock jumped 24% as Q2 earnings beat expectations, offsetting a revenue decline linked to advertising technical hurdles at its IL MAKIAGE brand.

📅 September 9, 2026 🕐 1 min read

1 assets impacted. Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: ODD ↑ 8/10 (70% confidence).

📊 Affected Assets (1)

ODD

Bullish 🤖 70%

📅 Short-term 🌍 US · Explicit

Oddity Tech reported stronger-than-expected Q2 earnings and revenue, alongside a positive outlook, causing its stock to surge 24%.

🎯 Key Takeaways

Adjusted EPS of $0.20 beat the $0.19 consensus estimate despite a 25% revenue drop.
Company repurchased $80 million in shares and retired $50 million in debt during the quarter.
Management expects Q3 revenue to decline 5% as it works to resolve advertising algorithm issues.

📝 Executive Summary

Oddity Tech shares surged 24% in premarket trading after the company reported Q2 adjusted earnings of $0.20 per share, surpassing analyst estimates of $0.19. Despite a 25% year-over-year revenue decline to $181 million due to advertising algorithm issues, the firm maintained a positive outlook and highlighted growth in its SpoiledChild and METHODIQ brands.

❓ FAQ

Why did Oddity Tech revenue decline year-over-year?

The company cited ongoing technical issues with advertising algorithms that negatively impacted the performance of its IL MAKIAGE brand.

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