Pattern Group Inc. Series A (PTRN) financial statements
Pattern Group Inc. Series A reported revenue of $2.5B in fiscal 2025, up 35.3% a year over 2 years.
Net income was $16M and the operating margin 1.0%, against 3.9% in 2023.
Free cash flow was $79M.
The diluted share count rose 27% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Pattern Group Inc. Series A's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $1.4B | $1.8B | $2.5B |
| Cost of revenue | $765M | $1.0B | $1.4B |
| Gross profit | $601M | $781M | $1.1B |
| Research and development | $15M | $18M | $46M |
| Selling, general and admin | $534M | $676M | $1.0B |
| Operating income | $53M | $87M | $25M |
| Interest expense | $33,000 | $98,000 | $231,000 |
| Pre-tax income | $56M | $91M | -$794,000 |
| Income tax | $15M | $23M | -$17M |
| Net income | $41M | $68M | $16M |
| EPS (diluted) | $0.22 | $0.47 | -$1.36 |
| Diluted shares | 91M | 91M | 115M |
| Gross margin | 44.0% | 43.5% | 43.6% |
| Operating margin | 3.9% | 4.9% | 1.0% |
| Net margin | 3.0% | 3.8% | 0.6% |
Balance sheet
Fiscal years, from Pattern Group Inc. Series A's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $127M | $176M | $289M |
| Receivables | — | $107M | $177M |
| Inventory | — | $264M | $295M |
| Total current assets | — | $558M | $793M |
| Property, plant and equipment | — | $35M | $41M |
| Goodwill | $26M | $26M | $38M |
| Total assets | — | $664M | $948M |
| Total current liabilities | — | $258M | $339M |
| Total liabilities | — | $285M | $367M |
| Shareholders' equity | $42M | $109M | $581M |
| Net debt | -$127M | -$176M | -$289M |
Cash flow
Fiscal years, from Pattern Group Inc. Series A's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $41M | $70M | $99M |
| Capital spending | $14M | $20M | $20M |
| Free cash flow | $27M | $50M | $79M |
| Stock-based compensation | -$206,000 | $0 | $97M |
| Share buybacks (net) | $0 | -$3M | $0 |
| Free cash flow margin | 2.0% | 2.8% | 3.2% |
Questions
What was Pattern Group Inc. Series A's revenue in 2025?
$2.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Pattern Group Inc. Series A generate?
$79M in fiscal 2025 (operating cash flow minus capital spending).
From Pattern Group Inc. Series A's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.