Company News, Financial News

Q1 2024 Net Revenue Up 28% for Oddity

Net sales for the quarter were $212 million compared to the prior-year’s recording of $166 million.

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By: Lianna Albrizio

Associate Editor

Oddity Tech recorded first-quarter 2024 net revenue of $212 million, a 28% year-over-year increase from the prior-year quarter’s $166 million.   “We delivered our most important quarter of the year with outstanding revenue growth and profitability,” said Oran Holtzman, Oddity co-founder and CEO. “We delivered across all metrics and grew rapidly against the huge and profitable 83% revenue growth we delivered in the first quarter of 2023.”   Gross profit was $156 million compared t...

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