Filing Flows › Pattern Group (PTRN) › Q1 2026
Pattern Group (PTRN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Pattern Group (PTRN) reported revenue of $774M for the first quarter 2026 (Q1 2026), +43% from a year earlier and +7% from the quarter before. Operating margin was 5.1%, net earnings $29.2M (3.8% of revenue).
Pattern Group, Q1 2026: revenue $774M (+43% year over year), operating margin 5.1%, net earnings $29.2M, operating cash flow $72.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $774M | +7% | +43% |
| Operating profit | $39.6M | +52% | +35% |
| Net earnings | $29.2M | +2% | +28% |
| Operating cash flow | $72.6M | +755% | +50% |
| Free cash flow | $63.3M | 20× | +47% |
What changed
Revenue was $773.7M in Q1 2026, up 43% year over year and up 7% from the previous quarter. Amazon.com was the largest line at 84% of revenue. Amazon.com added $172.3M year over year (up 36%), 74% of the total change.
Operating profit was $39.6M, a 5.1% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 5% margin then. Total costs grew 44% against revenue growth of 43%. The fastest-growing cost line was Research & development (+98%). Net earnings were $29.2M, up 28% year over year. The effective tax rate was 29.7%.
Operating cash flow was $72.6M (up 50% year over year), 248% of net earnings. Non-cash charges added back $5.4M of depreciation and amortization and $7.9M of share-based compensation. Working capital and other items added $30.0M. Capital expenditures of $9.3M left free cash flow of $63.3M.
Questions
What was Pattern Group's revenue in the first quarter 2026?
Pattern Group (PTRN) reported revenue of $774M for the first quarter 2026 (Q1 2026), +43% from a year earlier and +7% from the quarter before.
Was Pattern Group profitable in the first quarter 2026?
Operating profit was $39.6M (5.1% of revenue) and net earnings $29.2M.
Source: Pattern Group 10-Q on SEC EDGAR.