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Side-by-side financial comparison of Stitch Fix, Inc. (SFIX) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

Stitch Fix, Inc. is the larger business by last-quarter revenue ($342.1M vs $226.2M, roughly 1.5× USANA HEALTH SCIENCES INC). USANA HEALTH SCIENCES INC runs the higher net margin — 0.1% vs -1.9%, a 1.9% gap on every dollar of revenue. On growth, Stitch Fix, Inc. posted the faster year-over-year revenue change (7.3% vs -10.0%). Over the past eight quarters, Stitch Fix, Inc.'s revenue compounded faster (1.8% CAGR vs -0.4%).

Stitch Fix, Inc. is an online personal styling service in the United States. It uses recommendation algorithms and data science to personalize clothing items based on size, budget and style. The company was founded in 2011 and had an initial public offering in 2017 with a valuation of $1.6 billion. Stitch Fix generated $1.6 billion in net revenue in its fiscal year 2023, a decrease of 21% year-over-year and reported 3,297,000 active clients in September 2023. It is headquartered in San Franci...

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

SFIX vs USNA — Head-to-Head

Bigger by revenue
SFIX
SFIX
1.5× larger
SFIX
$342.1M
$226.2M
USNA
Growing faster (revenue YoY)
SFIX
SFIX
+17.3% gap
SFIX
7.3%
-10.0%
USNA
Higher net margin
USNA
USNA
1.9% more per $
USNA
0.1%
-1.9%
SFIX
Faster 2-yr revenue CAGR
SFIX
SFIX
Annualised
SFIX
1.8%
-0.4%
USNA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SFIX
SFIX
USNA
USNA
Revenue
$342.1M
$226.2M
Net Profit
$-6.4M
$180.0K
Gross Margin
43.6%
78.2%
Operating Margin
-2.5%
1.7%
Net Margin
-1.9%
0.1%
Revenue YoY
7.3%
-10.0%
Net Profit YoY
-1.7%
-74.0%
EPS (diluted)
$-0.05
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SFIX
SFIX
USNA
USNA
Q4 25
$342.1M
$226.2M
Q3 25
$311.2M
$213.7M
Q2 25
$325.0M
$235.8M
Q1 25
$312.1M
$249.5M
Q4 24
$318.8M
$213.6M
Q3 24
$319.6M
$200.2M
Q2 24
$322.7M
$212.9M
Q1 24
$330.4M
$227.8M
Net Profit
SFIX
SFIX
USNA
USNA
Q4 25
$-6.4M
$180.0K
Q3 25
$-8.6M
$-6.5M
Q2 25
$-7.4M
$9.7M
Q1 25
$-6.5M
$9.4M
Q4 24
$-6.3M
$4.5M
Q3 24
$-36.5M
$10.6M
Q2 24
$-21.3M
$10.4M
Q1 24
$-35.5M
$16.5M
Gross Margin
SFIX
SFIX
USNA
USNA
Q4 25
43.6%
78.2%
Q3 25
43.6%
77.2%
Q2 25
44.2%
78.7%
Q1 25
44.5%
79.0%
Q4 24
45.4%
82.0%
Q3 24
44.6%
80.4%
Q2 24
45.5%
81.1%
Q1 24
43.4%
81.1%
Operating Margin
SFIX
SFIX
USNA
USNA
Q4 25
-2.5%
1.7%
Q3 25
-3.6%
0.6%
Q2 25
-3.0%
7.1%
Q1 25
-2.9%
6.3%
Q4 24
-2.8%
3.8%
Q3 24
-13.1%
7.8%
Q2 24
-7.7%
8.4%
Q1 24
-11.5%
10.8%
Net Margin
SFIX
SFIX
USNA
USNA
Q4 25
-1.9%
0.1%
Q3 25
-2.8%
-3.1%
Q2 25
-2.3%
4.1%
Q1 25
-2.1%
3.8%
Q4 24
-2.0%
2.1%
Q3 24
-11.4%
5.3%
Q2 24
-6.6%
4.9%
Q1 24
-10.8%
7.3%
EPS (diluted)
SFIX
SFIX
USNA
USNA
Q4 25
$-0.05
$-0.10
Q3 25
$-0.06
$-0.36
Q2 25
$-0.06
$0.52
Q1 25
$-0.05
$0.49
Q4 24
$-0.05
$0.23
Q3 24
$-0.29
$0.56
Q2 24
$-0.18
$0.54
Q1 24
$-0.30
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SFIX
SFIX
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$244.2M
$158.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$204.1M
Total Assets
$530.7M
$742.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFIX
SFIX
USNA
USNA
Q4 25
$244.2M
$158.4M
Q3 25
$234.9M
$145.3M
Q2 25
$234.2M
$151.3M
Q1 25
$219.1M
$179.6M
Q4 24
$253.3M
$181.8M
Q3 24
$247.0M
$364.9M
Q2 24
$244.5M
$332.4M
Q1 24
$229.8M
$328.3M
Stockholders' Equity
SFIX
SFIX
USNA
USNA
Q4 25
$204.1M
Q3 25
$203.0M
$528.1M
Q2 25
$200.4M
$531.1M
Q1 25
$197.8M
$529.8M
Q4 24
$190.5M
$532.1M
Q3 24
$187.0M
$533.1M
Q2 24
$208.9M
$512.2M
Q1 24
$213.3M
$500.0M
Total Assets
SFIX
SFIX
USNA
USNA
Q4 25
$530.7M
$742.9M
Q3 25
$480.6M
$726.6M
Q2 25
$484.7M
$734.5M
Q1 25
$472.6M
$746.6M
Q4 24
$507.1M
$748.2M
Q3 24
$486.9M
$671.3M
Q2 24
$537.0M
$631.4M
Q1 24
$538.3M
$629.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SFIX
SFIX
USNA
USNA
Operating Cash FlowLast quarter
$10.9M
Free Cash FlowOCF − Capex
$5.6M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFIX
SFIX
USNA
USNA
Q4 25
$10.9M
Q3 25
$7.0M
$-2.0M
Q2 25
$20.5M
$12.2M
Q1 25
$-16.2M
$15.5M
Q4 24
$14.3M
$5.8M
Q3 24
$8.2M
$29.5M
Q2 24
$21.7M
$8.0M
Q1 24
$-22.3M
$17.7M
Free Cash Flow
SFIX
SFIX
USNA
USNA
Q4 25
$5.6M
Q3 25
$2.8M
$-5.2M
Q2 25
$16.0M
$7.2M
Q1 25
$-19.4M
$12.7M
Q4 24
$9.9M
$4.0M
Q3 24
$4.5M
$27.1M
Q2 24
$18.9M
$5.3M
Q1 24
$-26.1M
$14.5M
FCF Margin
SFIX
SFIX
USNA
USNA
Q4 25
1.6%
Q3 25
0.9%
-2.4%
Q2 25
4.9%
3.0%
Q1 25
-6.2%
5.1%
Q4 24
3.1%
1.9%
Q3 24
1.4%
13.6%
Q2 24
5.9%
2.5%
Q1 24
-7.9%
6.4%
Capex Intensity
SFIX
SFIX
USNA
USNA
Q4 25
1.6%
Q3 25
1.4%
1.5%
Q2 25
1.4%
2.1%
Q1 25
1.0%
1.1%
Q4 24
1.4%
0.8%
Q3 24
1.2%
1.2%
Q2 24
0.9%
1.3%
Q1 24
1.1%
1.4%
Cash Conversion
SFIX
SFIX
USNA
USNA
Q4 25
Q3 25
Q2 25
1.27×
Q1 25
1.65×
Q4 24
1.29×
Q3 24
2.78×
Q2 24
0.77×
Q1 24
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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