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Pattern Group Inc.
NASDAQ: PTRN Technology IT 🔎 Screen
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$2.4B
Market Cap
P/E
PEG
-186.8%
ROCE
3.4%
ROE
0.04
D/E
1.0%
OPM
-28.2%
% from 52W High
81
α RS
🔍 PTRN is showing an earnings-catalyst setup because an ECS of 82.9 last quarter, it matches 2 of 37 tracked screener presets, and RS Rating is 83. Net: Broad signal stack, not a recommendation. ? ECS Conviction RS Rating
Sources
ECS 82.9 · Conviction 2/37 · RS Rating 83
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🌏 Global Investor Returns
Currency-adjusted total returns for PTRN including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Pattern Group Inc. operates as 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 internationally.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding PTRN
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 17.6K $218K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Pattern Q1 2026: Revenue $774M (+43% YoY), NRR 127%, raises FY guidance to $3.3B
Revenue & Profitability
Q1 2026 revenue was $774 million, up 43% year-over-year. Adjusted EBITDA was $54 million, up 59% year-over-year. The company ended the quarter with $344 million in cash and no outstanding debt. Trailing twelve-month free cash flow was $99 million and operating cash flow was $124 million.
Outlook
Management sees no meaningful consumer weakness in the categories or markets they operate in and believes their portfolio approach and position in non-discretionary categories provide resilience. Geopolitical tensions in the Middle East have introduced volatility in logistics and energy costs, but marketplace fuel surcharges are passed through to brand partners. The company raised full-year guidance to $3.3 billion in revenue (32% growth) and $200 million in adjusted EBITDA (31% growth).
Growth Drivers
Key growth levers include technology-driven optimization (approximately three-quarters of existing brand partner growth), expansion into new marketplaces and geographies (non-Amazon revenue up 119%, international revenue up 101%), and product depth expansion. Specific strong marketplaces are TikTok Shop, Walmart, and Coupang, all growing triple digits. Net revenue retention reached a record 127%, up from 115% last year.
Balance Sheet & CapEx
R&D spend (excluding stock-based compensation) was $10.1 million, up 77% year-over-year, and the company expects R&D growth to outpace revenue growth as it invests in AI and technology. Startup costs related to the new East Coast facility are being incurred. No explicit CapEx guidance was provided, but the balance sheet remains strong with no debt and $344 million in cash.
Margins
Adjusted EBITDA margin in Q1 was approximately 7% ($54 million on $774 million revenue). Variable costs (cost of goods, marketplace commissions, fulfillment) grew slightly slower than revenue due to mix. R&D spend is expected to continue outpacing revenue growth. The company expects Q2 adjusted EBITDA margin to be lower due to costs from its Accelerate conference and East Coast facility startup, but longer-term scale benefits are evident as EBITDA doubled from $101 million in 2024 to a guided $200 million in 2026.
Key Risks
Management flagged geopolitical tensions in the Middle East leading to volatility in global logistics and energy costs, and marketplace fuel surcharges implemented in response. However, agreements with brand partners allow passing through such costs. Consumer sentiment uncertainty is noted, but no weakness has been observed in the categories served. The company's portfolio approach and presence in non-discretionary categories are seen as mitigants.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (4 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (4)
Q2 2026 Q2 2026 2026-08-05
Q2 delivered record results with 47% revenue growth and 54% adjusted EBITDA growth, driven by strong international, non-Amazon, and SaaS logistics performance. Net revenue retention hit a record 129%, and the full-year outlook was raised for both revenue and EBITDA.
Q1 2026 Q1 2026 2026-05-06
Q1 2026 saw record revenue and EBITDA growth, driven by strong international and non-Amazon marketplace expansion, robust NRR, and operational efficiencies. Full-year guidance was raised, reflecting confidence in continued momentum, technology investment, and broad-based demand.
Q4 2025 Q4 2025 2026-03-05
Record 2025 revenue of $2.5B (up 39%) and NRR of 124% were driven by international, non-Amazon, and SaaS/logistics growth. 2026 guidance targets $3.1B+ revenue and increased R&D investment, with a $100M share repurchase program and two strategic M&A deals expanding capabilities.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 saw record revenue, NRR, and adjusted EBITDA, with strong growth in non-Amazon and international channels. Guidance for Q4 and full-year 2025 anticipates continued high growth and margin improvement, supported by investments in AI and technology.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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No Investment Recommendation:
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Information Sources:
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