Pattern Group (NASDAQ:PTRN) Issues Quarterly Earnings Results

Pattern Group (NASDAQ:PTRNGet Free Report) announced its earnings results on Wednesday. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03, FiscalAI reports. The company had revenue of $876.77 million during the quarter.

Here are the key takeaways from Pattern Group’s conference call:

  • Record Q2 performance: Revenue rose 47% year over year to $877 million, while adjusted EBITDA increased 54% to $54 million, marking the fourth consecutive quarter of EBITDA growth outpacing revenue.
  • Strong partner retention and expansion: Net revenue retention reached a record 129%, up from 127% in Q1 and 118% a year ago, supported by technology-driven optimization, geographic expansion, and broader product selection.
  • International and non-Amazon channels accelerated: International revenue grew 87% to $110 million, non-Amazon revenue increased 93%, and SaaS, logistics, and other revenue rose 123% to $17 million.
  • Full-year outlook raised: Pattern now expects 2026 revenue of $3.4 billion-$3.5 billion and adjusted EBITDA of approximately $211 million-$213 million, with full-year margin accretion despite increased R&D investment.
  • Growth is expected to moderate in the second half: Tougher year-over-year comparisons and the shift of major promotional events into Q2 are expected to limit Q3 revenue growth to approximately 31%-34%; increased R&D spending and seasonal holiday costs may also pressure quarterly margins.

Pattern Group Stock Down 7.6%

PTRN stock traded down $1.79 during midday trading on Thursday, reaching $21.84. The company’s stock had a trading volume of 2,161,529 shares, compared to its average volume of 1,441,340. Pattern Group has a 52 week low of $8.92 and a 52 week high of $29.80. The stock has a market cap of $3.39 billion and a PE ratio of -11.57. The business’s 50-day simple moving average is $23.57 and its 200-day simple moving average is $16.87.

Insider Activity at Pattern Group

In other Pattern Group news, Director Ann Mather sold 5,301 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $16.51, for a total transaction of $87,519.51. Following the completion of the sale, the director owned 31,509 shares in the company, valued at approximately $520,213.59. The trade was a 14.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 70.97% of the company’s stock.

Institutional Investors Weigh In On Pattern Group

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. bought a new stake in Pattern Group in the third quarter valued at about $20,640,000. Blair William & Co. IL bought a new position in Pattern Group during the third quarter worth about $253,000. Legal & General Group Plc bought a new position in Pattern Group during the third quarter worth about $411,000. UBS Group AG acquired a new position in shares of Pattern Group during the 3rd quarter worth about $7,578,000. Finally, Sei Investments Co. acquired a new position in shares of Pattern Group during the 3rd quarter worth about $654,000.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PTRN shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $28.00 price objective on shares of Pattern Group in a report on Thursday. Weiss Ratings restated a “sell (d)” rating on shares of Pattern Group in a research report on Thursday, June 18th. Wall Street Zen raised Pattern Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Robert W. Baird set a $26.00 price target on Pattern Group in a report on Thursday. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $31.00 price objective on shares of Pattern Group in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Pattern Group presently has an average rating of “Moderate Buy” and an average target price of $27.00.

Check Out Our Latest Analysis on Pattern Group

About Pattern Group

(Get Free Report)

At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.

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