Pattern Group (PTRN) Q3 2026 earnings summary

Executive summary

• Q3 revenue was $885.847 million, up 38.5% YoY; net income was $32.072 million versus a prior-year loss, and Adjusted EBITDA reached $57.437 million.

• September 2026 NRR was 127%, up from 122% a year earlier, supported by expansion among existing brand partners.

• FY26 revenue and Adjusted EBITDA outlook increased on strong year-to-date results, brand-partner momentum, and technology-led growth.

Financial highlights

• Q3 revenue grew $246.192 million YoY; excluding promotional-event timing, growth would have been ~42%.

• Q3 net income was $32.072 million versus a $59.1 million loss; diluted EPS was $0.18 versus a $2.19 loss per share.

• Adjusted EBITDA was $57.437 million, up 40% YoY; margin was 6.5% versus 6.4%.

• TTM operating cash flow was $142 million and free cash flow was $106 million through September 30, up 54% and 50% YoY, respectively.

Outlook and guidance

• FY26 revenue guidance is $3,502–$3,521 million, up 40%–41% YoY; Adjusted EBITDA guidance is $219–$220 million.

• Q4 revenue guidance is $965–$985 million, up 34%–36% YoY; Adjusted EBITDA guidance is $54–$55 million, up 27%–29%.

• FY26 ending NRR expectation is ~124%–125%, against a long-term target of 115%.

• New brand-partner revenue is expected to grow at roughly twice its 2025 rate.