Filing Flows › Pattern Group (PTRN) › Q4 2025
Pattern Group (PTRN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 6, 2026
Pattern Group (PTRN) reported revenue of $723M for the fourth quarter 2025 (Q4 2025), +40% from a year earlier and +13% from the quarter before. Operating margin was 3.6%, net earnings $28.7M (4.0% of revenue).
Pattern Group, Q4 2025: revenue $723M (+40% year over year), operating margin 3.6%, net earnings $28.7M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $723M | +13% | +40% |
| Operating profit | $26.0M | — | +13% |
| Net earnings | $28.7M | — | +58% |
| Operating cash flow | $8.5M | -79% | +482% |
| Free cash flow | $3.2M | -91% | — |
What changed
Revenue was $723.1M in Q4 2025, up 40% year over year and up 13% from the previous quarter. Amazon.com was the largest line at 83% of revenue.
Operating profit was $26.0M, a 3.6% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 4% margin then. Total costs grew 42% against revenue growth of 40%. The fastest-growing cost line was Research & development (+82%). Net earnings were $28.7M, up 58% year over year. The effective tax rate was -3.0%.
Operating cash flow was $8.5M (up 482% year over year), 30% of net earnings. Non-cash charges added back $4.3M of depreciation and amortization and $12.6M of share-based compensation. Working capital and other items used $37.1M. Capital expenditures of $5.3M left free cash flow of $3.2M.
Questions
What was Pattern Group's revenue in the fourth quarter 2025?
Pattern Group (PTRN) reported revenue of $723M for the fourth quarter 2025 (Q4 2025), +40% from a year earlier and +13% from the quarter before.
Was Pattern Group profitable in the fourth quarter 2025?
Operating profit was $26.0M (3.6% of revenue) and net earnings $28.7M.
Source: Pattern Group 10-K on SEC EDGAR.