Stitch Fix (LTS:0L9X) Gross Margin %: 43.74% (As of Apr. 2026) — Near Median


LTS:0L9X Stitch Fix Inc LTS:0L9X
58 GF Score
Price $3.73
GF Value $3.27
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Stitch Fix Gross Margin %?

Stitch Fix LTS:0L9X -4.27% 58 Gross Margin % is 43.74% as of Apr. 2026, which is 1% below its 10-year median of 44.27. GuruFocus rates LTS:0L9X with a GF Score™ of 58/100 and a GF Value™ of $3.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,110 Retail - Cyclical companies, Stitch Fix ranks better than 63.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Stitch Fix's Gross Profit for the three months ended in Apr. 2026 was $149 Mil. Stitch Fix's Revenue for the three months ended in Apr. 2026 was $340 Mil. Therefore, Stitch Fix's Gross Margin % for the quarter that ended in Apr. 2026 was 43.74%.


The historical rank and industry rank for Stitch Fix's Gross Margin % or its related term are showing as below:

LTS:0L9X' s Gross Margin % Range Over the Past 10 Years
Min: 42.42   Med: 44.27   Max: 45.1
Current: 43.66


During the past 10 years, the highest Gross Margin % of Stitch Fix was 45.10%. The lowest was 42.42%. And the median was 44.27%.

LTS:0L9X's Gross Margin % is ranked better than
63.87% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 36.33 vs LTS:0L9X: 43.66

Stitch Fix had a gross margin of 43.74% for the quarter that ended in Apr. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Stitch Fix was -0.10% per year.


Stitch Fix  (LTS:0L9X) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Stitch Fix had a gross margin of 43.74% for the quarter that ended in Apr. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Stitch Fix Gross Margin % Related Terms


Stitch Fix Gross Margin % Historical Data

* Premium members only.

The historical data trend for Stitch Fix's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stitch Fix Gross Margin % Chart

Stitch Fix Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.10 43.94 42.42 44.27 44.42

Stitch Fix Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.17 43.61 43.65 43.64 43.74

LTS:0L9X vs CTRN, CAL, SHOE: Gross Margin % Comparison

For the Apparel Retail subindustry, Stitch Fix's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stitch Fix Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Stitch Fix's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Stitch Fix's Gross Margin % falls into.


LTS:0L9X
58GF Score
Stitch Fix Inc LTS:0L9X
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stitch Fix Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Stitch Fix's Gross Margin for the fiscal year that ended in Jul. 2025 is calculated as

Gross Margin % (A: Jul. 2025 )=Gross Profit (A: Jul. 2025 ) / Revenue (A: Jul. 2025 )
=562.9 / 1267.171
=(Revenue - Cost of Goods Sold) / Revenue
=(1267.171 - 704.232) / 1267.171
=44.42 %

Stitch Fix's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=148.8 / 340.277
=(Revenue - Cost of Goods Sold) / Revenue
=(340.277 - 191.439) / 340.277
=43.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 43.74% mean?
Stitch Fix (LTS:0L9X) has a Gross Margin % of 43.74% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Stitch Fix and its competitors. This is near median its historical median of 44.27. Over the past decade, Stitch Fix's Gross Margin % has ranged from 42.42 to 45.10. According to the industry distribution chart, Stitch Fix ranks #401 out of 1110 companies in the Retail - Cyclical industry, placing it in the top 36.1%.
Is Stitch Fix's Gross Margin % too high?
Stitch Fix's current Gross Margin % of 43.74% is near median its 10-year median of 44.27. Over the past 10 years, this metric has ranged from a low of 42.42 to a high of 45.10. The Retail - Cyclical industry median Gross Margin % is 36.33. Stitch Fix's value of 43.74% is 20.4% above this industry median. Based on the distribution chart, Stitch Fix ranks #401 out of 1110 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Stitch Fix has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stitch Fix's Gross Margin % compare to CTRN and CAL?
According to the Retail - Cyclical industry distribution chart, Stitch Fix ranks #401 out of 1110 companies for Gross Margin %. This puts Stitch Fix in the upper half of its industry. The industry median Gross Margin % is 36.33. Stitch Fix's value of 43.74% is 20.4% above this benchmark. Historically, Stitch Fix's own Gross Margin % has ranged from 42.42 to 45.10 over the past decade. While the company's 10-year median is 44.27 vs. the industry median of 36.33, Stitch Fix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.33, based on 1,110 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stitch Fix's current Gross Margin % of 43.74% is 20.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Stitch Fix and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stitch Fix's current Gross Margin % is 43.74%, which is near median its own 10-year median of 44.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stitch Fix stock overvalued right now?
Based on GuruFocus' analysis, Stitch Fix (LTS:0L9X) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.27, compared to a current price of $3.73 — trading 14% above its estimated fair value. The current Gross Margin % is 43.74%, which is near median its 10-year median of 44.27 and 20.4% above the Retail - Cyclical industry median of 36.33. Stitch Fix's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Stitch Fix (LTS:0L9X), the current Gross Margin % is 43.74% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Stitch Fix (LTS:0L9X) Overvalued in 2026?

Based on GuruFocus' analysis, Stitch Fix stock appears to be overvalued. The current stock price of $3.73 is trading 14% above its estimated GF Value™ of $3.27. GuruFocus considers Stitch Fix to be Modestly Overvalued.

Key valuation signals for LTS:0L9X:

  • Gross Margin %: 43.74% (near median its 10-year median of 44.27)
  • GF Value™: $3.27 vs. price of $3.73 (14% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 20.4% above the Retail - Cyclical median (#401 of 1110)

No single metric tells the full story. See the LTS:0L9X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stitch Fix Business Description

Other Exchanges SFIX:USASYJ:Germany
Address 1 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94104
Stitch Fix Inc offers personal style services for men and women. The company engages in delivering one-to-one personalization to clients through the combination of data science and human judgment. It provides a shipment service called A FIX where the stylist's hand selects items from several merchandise with analysis of client and merchandise data to provide a personalized shipment of apparel, shoes, and accessories suited to the client's needs. The company offers products across categories, brands, product types, and price points including Women's, Petite, Maternity, Men's, and Plus. It also offers various product types, including denim, dresses, blouses, skirts, shoes, jewelry, and handbags and sells merchandise across various ranges of price points.
58GF Score

Get the complete analysis for LTS:0L9X

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.73
Price
$3.27
GF Value