European Wax Center, Inc. (EWCZ) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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EWCZ Revenue Growth
Revenue Breakdown (FY 2024)
EWCZ's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
EWCZ Revenue Analysis (2019–2024)
As of May 8, 2026, European Wax Center, Inc. (EWCZ) generated trailing twelve-month (TTM) revenue of $211.3 million, reflecting slight decline in growth of -2.2% year-over-year. The most recent quarter (Q3 2025) recorded $54.2 million in revenue, down 3.1% sequentially.
Looking at the longer-term picture, EWCZ's 5-year compound annual growth rate (CAGR) stands at +7.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $221.0 million in 2023.
Revenue diversification analysis shows EWCZ's business is primarily driven by Product (56%), Royalty (24%), and Marketing (14%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including FAT (-5.3% YoY), SKIN (-8.2% YoY), and LFST (+16.5% YoY), EWCZ has underperformed the peer group in terms of revenue growth. Compare EWCZ vs FAT →
EWCZ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EWCZCurrent | $211M | -2.2% | +7.1% | 22.0% | |
 FAT | $593M | -5.3% | +92.4% | -8.8% | |
 SKIN | $301M | -8.2% | +20.4% | -6.9% | |
 LFST | $1.4B | +16.5% | +30.4% | 1.8% | |
 XPOF | $315M | -6.1% | +24.2% | 25.3% | |
 REGN | $14.3B | +5.9% | +11.0% | 24.9% |
EWCZ Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $216.9M | -1.9% | $159.6M | 73.6% | $47.8M | 22.0% |
| 2023 | $221.0M | +6.6% | $158.4M | 71.7% | $44.5M | 20.1% |
| 2022 | $207.4M | +16.0% | $148.1M | 71.4% | $39.9M | 19.2% |
| 2021 | $178.7M | +72.8% | $131.8M | 73.8% | $24.6M | 13.7% |
| 2020 | $103.4M | -32.9% | $67.9M | 65.7% | $-3,219,000 | -3.1% |
| 2019 | $154.2M | - | $113.3M | 73.5% | $11.7M | 7.6% |
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Start ComparisonEWCZ — Frequently Asked Questions
Quick answers to the most common questions about buying EWCZ stock.
Is EWCZ's revenue growth accelerating or slowing?
EWCZ revenue growth slowed to -2.2%, below the 5-year CAGR of +7.1%. TTM revenue is $211M. The deceleration marks a shift from historical growth rates.
What is EWCZ's long-term revenue growth rate?
European Wax Center, Inc.'s 5-year revenue CAGR of +7.1% reflects the variable expansion pattern. Current YoY growth of -2.2% is near this long-term average.
How is EWCZ's revenue distributed by segment?
EWCZ reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.