---
schema_version: "secwatch.filing_event.v1"
accession: "0001576942-22-000094"
form_type: "8-K"
ticker: "SFIX"
cik: "0001576942"
company_name: "Stitch Fix, Inc."
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T08:52:25.728651+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stitch Fix Q1 FY2023 revenue down 22% YoY to $455.6M; net loss $55.9M

## Summary
- Net revenue $455.6M, down 22% YoY; net loss $55.9M ($0.50 diluted loss per share).
- Active clients 3,709,000, down 11% YoY; RPAC $525, flat YoY.
- Adjusted EBITDA loss of $7.4M, better than expectations; FY23 adjusted EBITDA guidance improved to $(10)-$10M.
- Q2 FY2023 revenue guidance $410-420M (down 21-19% YoY); adjusted EBITDA $(5)-$5M.

## SEC filing metadata
- accession: 0001576942-22-000094
- form_type: 8-K
- ticker: SFIX
- cik: 0001576942
- company_name: Stitch Fix, Inc.
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576942/000157694222000094/0001576942-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576942/000157694222000094/sfix-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576942-22-000094
- JSON: https://secwatch.observer/filing/0001576942-22-000094.json
- Plain text: https://secwatch.observer/filing/0001576942-22-000094.txt

## Key facts
- Earnings Releases
  Stitch Fix, Inc. reported the first quarter of fiscal year 2023 ended October 29, 2022 results: revenue $455.6 million, net income Net loss of $55.9 million, EPS diluted loss per share of $0.50. Guidance raised.
  - Period: the first quarter of fiscal year 2023 ended October 29, 2022
  - Revenue: $455.6 million
  - Net income: Net loss of $55.9 million
  - EPS: diluted loss per share of $0.50
  - Guidance: raised
  - Result: reported results
  source text: • Net revenue of $455.6 million, a decrease of 22% year over year • Active clients of 3,709,000, a decrease of 471,000 or 11% year over year • Net revenue per active client (RPAC) of $525, approximately flat year over year • Net loss of $55.9 million and diluted loss per share of $0.50 • Adjusted EBITDA loss of $7.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576942/000157694222000094/0001576942-22-000094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.