European Wax Center, Inc. (EWCZ)

European Wax Center Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 4, 2025	Jan 4, 2025	Jan 6, 2024	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
Operating Revenue	199.24	204.72	208.62	195.52	168	96.12
Other Revenue	12.03	12.2	12.41	11.83	10.68	7.29
Revenue	211.26	216.92	221.02	207.35	178.68	103.41
Revenue Growth (YoY)	-5.47%	-1.86%	6.59%	16.05%	72.79%	-32.94%
Cost of Revenue	54.69	57.31	62.64	59.23	46.84	35.51
Gross Profit	156.58	159.6	158.39	148.12	131.84	67.9
Selling, General & Admin	82.71	89.25	93.35	87.61	86.61	50.49
Operating Expenses	102.77	109.53	113.9	108.22	106.94	70.07
Operating Income	53.81	50.07	44.49	39.91	24.9	-2.18
Interest Expense	-26.2	-25.49	-26.69	-23.63	-20.29	-18.28
Other Non Operating Income (Expenses)	-4.87	-5.4	0.41	-56.23	-0.2	-
EBT Excluding Unusual Items	22.74	19.18	18.21	-39.95	4.42	-20.45
Merger & Restructuring Charges	-0.63	-0.63	-	-	-	-
Gain (Loss) on Sale of Assets	-0.13	0.08	-0.01	-0.01	-0.34	-1.04
Legal Settlements	-0.28	0.72	-	-	-	-
Other Unusual Items	-1.41	-2.49	-	-	-	-
Pretax Income	20.31	16.87	18.2	-39.96	4.08	-21.5
Income Tax Expense	3.9	2.19	6.16	-53.47	0.11	-
Earnings From Continuing Operations	16.4	14.68	12.04	13.51	3.97	-21.5
Minority Interest in Earnings	-5.17	-4.22	-3.34	-6.21	2.95	-
Net Income	11.24	10.46	8.7	7.31	6.91	-21.5
Preferred Dividends & Other Adjustments	-0.21	0	0	-0	10.42	-
Net Income to Common	11.44	10.46	8.7	7.31	-3.5	-21.5
Net Income Growth	2.86%	20.20%	19.10%	5.73%	-	-
Shares Outstanding (Basic)	44	47	50	40	32	26
Shares Outstanding (Diluted)	44	47	50	40	32	26
Shares Change (YoY)	-9.37%	-5.39%	23.74%	24.12%	22.09%	-
EPS (Basic)	0.26	0.22	0.18	0.18	-0.11	-0.81
EPS (Diluted)	0.26	0.22	0.17	0.18	-0.11	-0.81
EPS Growth	14.45%	29.60%	-6.79%	-	-	-
Free Cash Flow	59.35	55.99	54.82	44.11	40.79	-0.76
Free Cash Flow Per Share	1.36	1.20	1.11	1.10	1.26	-0.03
Gross Margin	74.11%	73.58%	71.66%	71.44%	73.78%	65.66%
Operating Margin	25.47%	23.09%	20.13%	19.25%	13.93%	-2.10%
Profit Margin	5.42%	4.82%	3.94%	3.52%	-1.96%	-20.79%
Free Cash Flow Margin	28.09%	25.81%	24.80%	21.27%	22.83%	-0.74%
EBITDA	73.87	70.35	65.03	60.51	45.23	17.41
EBITDA Margin	34.97%	32.43%	29.42%	29.18%	25.31%	16.83%
D&A For EBITDA	20.06	20.28	20.55	20.61	20.33	19.58
EBIT	53.81	50.07	44.49	39.91	24.9	-2.18
EBIT Margin	25.47%	23.09%	20.13%	19.25%	13.93%	-2.10%
Effective Tax Rate	19.22%	12.98%	33.84%	-	2.79%	-
Revenue as Reported	211.26	216.92	221.02	207.35	178.68	103.41
Advertising Expenses	-	32.95	33.87	28.66	24.99	11.5

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q