Pattern Group (NASDAQ:PTRN) Issues Earnings Results, Beats Expectations By $0.03 EPS

Pattern Group (NASDAQ:PTRN) announced its quarterly earnings results on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03, FiscalAI reports. Pattern Group had a negative return on equity of 475.61% and a negative net margin of 4.57%.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 1.7%

Pattern Group stock traded down $0.38 during mid-day trading on Friday, reaching $21.71. The company had a trading volume of 976,351 shares, compared to its average volume of 1,446,715. Pattern Group has a fifty-two week low of $8.92 and a fifty-two week high of $29.80. The company has a market cap of $3.37 billion and a P/E ratio of -12.63. The business has a fifty day simple moving average of $23.63 and a 200 day simple moving average of $16.92.

Insider Buying and Selling at Pattern Group

In related news, Director Ann Mather sold 5,301 shares of Pattern Group stock in a transaction that occurred 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 sale, the director directly owned 31,509 shares in the company, valued at $520,213.59. This trade represents a 14.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 70.97% of the company’s stock.

Institutional Trading of Pattern Group

Several institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp acquired a new position in shares of Pattern Group in the second quarter worth approximately $1,849,000. Wasatch Advisors LP lifted its position in shares of Pattern Group by 28.4% during the 2nd quarter. Wasatch Advisors LP now owns 3,135,129 shares of the company’s stock valued at $78,974,000 after acquiring an additional 692,735 shares during the period. Sylebra Capital LLC bought a new position in Pattern Group during the first quarter worth $1,971,000. Weiss Asset Management LP acquired a new stake in Pattern Group in the first quarter worth $3,212,000. Finally, Public Employees Retirement System of Ohio increased its stake in Pattern Group by 44.8% in the first quarter. Public Employees Retirement System of Ohio now owns 118,097 shares of the company’s stock valued at $1,468,000 after purchasing an additional 36,539 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on PTRN shares. KeyCorp increased their price objective on shares of Pattern Group from $20.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday. Evercore reiterated an “outperform” rating and issued a $29.00 price target on shares of Pattern Group in a research note on Thursday. BMO Capital Markets reissued an “outperform” rating and issued a $28.00 price target on shares of Pattern Group in a report on Thursday. Needham & Company LLC raised their price objective on shares of Pattern Group from $24.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Pattern Group in a report on Thursday, June 18th. 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’s stock. According to data from MarketBeat, Pattern Group currently has an average rating of “Moderate Buy” and an average price target of $27.00.

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.