SHARPE
Reported results
- Full fiscal year 2026 net revenue of $1,348.1 million, an increase of 6.4% year-over-year; Q4 net revenue of $324.4 million, an increase of 4.2% year-over-year
- Full fiscal year 2026 gross profit of $588.5 million, an increase of 4.5% year-over-year, with gross margin of 43.7%, a decrease of 70 basis points year-over-year
- Full fiscal year 2026 net loss of $12.6 million (GAAP) with diluted loss per share of $0.09; Adjusted EBITDA of $53.4 million with margin of 4.0%
- Full fiscal year 2026 free cash flow of $19.8 million and net cash provided by operating activities of $39.1 million; cash, cash equivalents, and investments of $220.9 million with no debt
- Active clients of 2.277 million as of August 1, 2026, a decrease of 1.4% year-over-year; net revenue per active client of $592, an increase of 7.8% year-over-year
Guidance
- Q1 fiscal 2027 net revenue guidance of $323 million to $328 million (decline of 5.6% to 4.1% year-over-year); Adjusted EBITDA guidance of $3 million to $6 million with margin of 0.9% to 1.8%
- Full fiscal year 2027 net revenue guidance of $1.310 billion to $1.360 billion (decline of 2.8% to growth of 0.9% year-over-year); Adjusted EBITDA guidance of $27 million to $42 million with margin of 2.1% to 3.1%
- Full fiscal year 2027 gross margin expected to be between 43% and 44%; expects to generate positive free cash flow for the full year
Notes
UK business was reported as a discontinued operation beginning in Q1 fiscal 2024. Unless otherwise noted, all amounts and disclosures relate to continuing operations. Company notes that Q1 2027 revenue outlook was impacted by a shift of Fix volume from Q1 2027 to Q4 2026 and an unintended change to post-checkout offer flow in August 2026 that limited client eligibility for another Fix, which has been corrected.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-23 (8-K, Item 2.02). Read the original filing on sec.gov.