Pattern Group (NASDAQ:PTRN) Announces Quarterly Earnings Results

Pattern Group (NASDAQ:PTRN) issued its quarterly earnings data on Wednesday. The company reported $0.15 EPS for the quarter, FiscalAI reports. The business 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 Trading Down 0.2%

Shares of PTRN traded down $0.04 during midday trading on Wednesday, hitting $23.63. 3,028,052 shares of the company’s stock traded hands, compared to its average volume of 1,437,541. Pattern Group has a 1 year low of $8.92 and a 1 year high of $29.80. The firm’s fifty day moving average is $23.47 and its 200-day moving average is $16.80. The stock has a market capitalization of $3.67 billion and a price-to-earnings ratio of -12.64.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wall Street Zen upgraded Pattern Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. KeyCorp raised their price objective on Pattern Group from $20.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday. Jefferies Financial Group lowered Pattern Group from a “buy” rating to a “hold” rating and lifted their target price for the company from $21.00 to $30.00 in a research note on Tuesday, July 14th. JPMorgan Chase & Co. boosted their target price on shares of Pattern Group from $17.00 to $19.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Pattern Group in a research report on Thursday, June 18th. Nine analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Insiders Place Their Bets

In related news, Director Ann Mather sold 5,301 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $16.51, for a total transaction of $87,519.51. Following the transaction, the director directly owned 31,509 shares in the company, valued at $520,213.59. The trade was a 14.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 70.97% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Pattern Group

Institutional investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC increased its holdings in shares of Pattern Group by 222.0% during the fourth quarter. Clearstead Advisors LLC now owns 2,373 shares of the company’s stock valued at $27,000 after acquiring an additional 1,636 shares in the last quarter. Roxbury Financial LLC purchased a new stake in Pattern Group during the 1st quarter worth approximately $40,000. Federation des caisses Desjardins du Quebec purchased a new stake in Pattern Group during the 4th quarter worth approximately $58,000. Susquehanna International Group LLP acquired a new position in Pattern Group during the 3rd quarter valued at approximately $137,000. Finally, Jacobs Equity LLC purchased a new position in shares of Pattern Group in the fourth quarter worth $151,000.

About Pattern Group

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.