Filing Flows › Reformation (REF) › How it makes money
How Reformation (REF) makes money
Reformation (REF) made $174M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $174M | 100.0% |
| Income tax | $2.9M | 1.6% |
| Operating cash flow | $44.7M | 25.7% |
| Free cash flow | $38.0M | 21.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $174M | +19% |
| Q2 2026 | $155M | +24% |
From Reformation's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Reformation make money?
Reformation (REF) made $174M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.