Filing Flows › Pattern Group (PTRN) › Q3 2025
Pattern Group (PTRN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Pattern Group (PTRN) reported revenue of $640M for the third quarter 2025 (Q3 2025), +46% from a year earlier and +7% from the quarter before. Operating margin was -9.4%, net loss $59.1M (9.2% of revenue).
Pattern Group, Q3 2025: revenue $640M (+46% year over year), operating margin -9.4%, net loss $59.1M, operating cash flow $40.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $640M | +7% | +46% |
| Operating profit | −$60.2M | — | — |
| Net earnings | −$59.1M | — | — |
| Operating cash flow | $40.5M | 20× | — |
| Free cash flow | $35.8M | — | — |
What changed
Revenue was $639.7M in Q3 2025, up 46% year over year and up 7% from the previous quarter. Amazon.com was the largest line at 86% of revenue. Amazon.com added $161.3M year over year (up 42%), 81% of the total change.
Operating costs exceeded revenue by $60.2M, an operating margin of -9.4%. Total costs grew 66% against revenue growth of 46%. The fastest-growing cost line was Research & development (+504%). The quarter ended with a net loss of $59.1M, after a profit of $23.8M the previous quarter. Net interest and other expense of $31.1M was the main reason.
Operating cash flow was $40.5M. Non-cash charges added back $4.3M of depreciation and amortization and $84.7M of share-based compensation. Working capital and other items added $10.6M. Capital expenditures of $4.6M left free cash flow of $35.8M.
Questions
What was Pattern Group's revenue in the third quarter 2025?
Pattern Group (PTRN) reported revenue of $640M for the third quarter 2025 (Q3 2025), +46% from a year earlier and +7% from the quarter before.
Was Pattern Group profitable in the third quarter 2025?
Operating loss was $60.2M (-9.4% of revenue) and net loss $59.1M.
Source: Pattern Group 10-Q on SEC EDGAR.