For Q1 FY2026 ended March 31, 2026, Pattern Group reported revenue of $773.7 million, up 43.2% year-over-year. Net income rose 28.1% to $29.2 million, while operating income increased 34.6% to $39.6 million. Diluted EPS was $0.16, down 5.9% from the prior year. Cash and equivalents stood at $344.2 million, and total equity was $609.7 million.
•Revenue grew 43.2% YoY to $773.7 million.
•Net income increased 28.1% YoY to $29.2 million.
•Operating income rose 34.6% YoY to $39.6 million.
•Diluted EPS decreased 5.9% YoY to $0.16.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Pattern is an e-commerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and globally.
The company acquires inventory from brand partners to sell to consumers in various industries, including health and wellness. Its portfolio also includes beauty and personal care, home and lifestyle, pet, sports and outdoors, and consumer electronics. Incorporated in 2018 and headquartered in Lehi, Utah, Pattern was formerly known as Covalent Group, Inc. before rebranding in November 2024.
Pattern Group Inc. is an e-commerce accelerator that combines proprietary technology with on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and globally. The company acquires inventory from brand partners and sells to consumers in various industries, including health and wellness, beauty and personal care, home and lifestyle, pet, sports and outdoors, and consumer electronics. By leveraging its technology and expertise, Pattern helps brands optimize their online presence and sales performance on marketplaces like Amazon and others. The company was formerly known as Covalent Group, Inc. before rebranding to Pattern Group Inc. in November 2024.
Where is Pattern Group Inc. (PTRN) listed and in which currency?
Pattern Group Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol PTRN. Its shares are traded in US Dollars (USD), as the company is headquartered in the United States. The exchange is one of the major US stock exchanges, providing liquidity and visibility for the company's stock.
What sector and industry does Pattern Group Inc. (PTRN) belong to?
Pattern Group Inc. operates in the Technology sector, specifically within the Software - Application industry. This classification reflects the company's focus on developing proprietary technology to accelerate e-commerce for consumer brands. While Pattern also engages in inventory acquisition and sales, its core value proposition lies in its software and on-demand expertise that help brands manage and grow their online marketplace presence.
Where is Pattern Group Inc. (PTRN) headquartered and what markets does it serve?
Pattern Group Inc. is headquartered in Lehi, Utah, United States. The company was incorporated in 2018 and serves consumer brands operating across e-commerce marketplaces in the United States and globally. Its portfolio spans multiple industries, including health and wellness, beauty and personal care, home and lifestyle, pet, sports and outdoors, and consumer electronics. By combining technology and expertise, Pattern supports brands in reaching customers worldwide through major online marketplaces.
How does Pattern Group Inc. (PTRN) make money?
Pattern Group Inc. generates revenue by acquiring inventory from brand partners and selling those products to consumers on e-commerce marketplaces. The company acts as an e-commerce accelerator, using its proprietary technology and on-demand expertise to optimize product listings, manage advertising, and improve sales performance. Pattern operates across multiple product categories, including health and wellness, beauty and personal care, home and lifestyle, pet, sports and outdoors, and consumer electronics. By taking on inventory risk and leveraging its marketplace knowledge, Pattern earns a margin on product sales while helping brands expand their online reach.