YOLFTbeta
Pattern Group Inc. Series A Common Stock

Pattern Group Inc. Series A Common Stock

PTRN · NASDAQ · Consumer Cyclical / Internet Retail

20.38USD-0.57 (-2.72%)

Price History

Full chart

Market Stats

Previous Close20.95
Open21.00
Day Range20.30 – 21.00
52-Week Range8.92 – 29.80
Volume853.83K
Market Cap3.39B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.23
Dividend Yield0.00%
50-Day Avg21.83
200-Day Avg16.90

About

Pattern Group Inc. operates as an e-commerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and internationally. The company acquires inventory from brand partners to sell to consumers in various industries, including health and wellness; beauty and personal care; home and lifestyle; pet; sports and outdoors; and consumer electronics. The company was formerly known as Covalent Group, Inc. and changed its name to Pattern Group Inc. in November 2024. Pattern Group Inc. was incorporated in 2018 and is headquartered in Lehi, Utah.

Company Details

  • SectorConsumer Cyclical
  • IndustryInternet Retail
  • CEOMr. David Wright
  • Employees2.30K
  • Headquarters1441 West Innovation Way, Lehi, UT, United States, 84043, USA
  • Websitehttps://www.pattern.com

Leadership

  • Mr. David WrightCo-Founder, President, CEO & Chairman · b. 1976
  • Ms. Melanie AlderCo-Founder & Director · b. 1976
  • Mr. Jason BeesleyChief Financial Officer · b. 1977
  • Mr. Rob HahnChief Operations Officer
  • Benjamin M. CravenGeneral Counsel
  • Mr. Chris BairdChief Marketing Officer
  • Ms. Missy JohnsonChief People Officer
  • Mr. Brett BardsleyChief International Officer
  • Ms. Victoria Henderson BowersChief Transformation Officer & Chief of Staff to the CEO
  • Mr. Arthur CheungManaging Director of Asia

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue990.53M1.37B1.80B2.50B
Growth (%)-+37.95%+31.45%+39.26%
Cost of Revenue561.62M765.20M1.01B1.43B
Gross Profit428.92M601.21M781.35M1.07B
Gross Margin43.30%44.00%43.50%42.92%
Operating Expense424.79M548.43M694.17M1.05B
Operating Income4.12M52.78M87.18M25.41M
Operating Margin0.42%3.86%4.85%1.02%
EBITDA8.40M68.48M106.14M16.01M
EBITDA Margin0.85%5.01%5.91%0.64%
Net Income-2.98M41.26M67.86M16.25M
Net Income Margin-0.30%3.02%3.78%0.65%
R&D10.83M14.64M17.99M46.29M
R&D as % of Total Revenue1.09%1.07%1.00%1.85%
Interest Expense502.00K33.00K98.00K231.00K
Interest Expense % of Total Revenue0.05%0.00%0.01%0.01%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets-490.92M664.42M947.64M
Total Liabilities-177.92M285.10M366.64M
Total Equity-313.00M379.32M581.00M
Cash-127.23M175.62M289.05M
Total Debt-19.10M30.13M30.84M
Net Debt--108.13M-145.49M-258.21M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow14.23M41.48M70.35M99.41M
Investing Cash Flow-30.52M-14.50M-20.44M-39.77M
Financing Cash Flow-36.62M0-2.90M53.71M
Capital Expenditure16.20M14.50M20.45M20.48M
Free Cash Flow-1.97M26.98M49.90M78.92M
FCF to OCF-13.86%65.04%70.93%79.40%

Earnings

Report DateSep 3, 2025Nov 5, 2025Mar 5, 2026May 7, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.00-2.710.120.100.120.16
EPS Actual0.20-2.190.230.160.15-
Surprise-19.19%91.67%61.35%25.00%-
Timing--After-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.39B
Enterprise Value3.33B
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.12
Price / Book5.61
EPS-1.23
Book Value3.66
Revenue (TTM)3.01B
Gross Profit (TTM)1.32B
EBITDA60.72M
Profit Margin0.88%
Operating Margin4.05%
Return on Equity4.92%
Return on Assets2.87%
Shares Outstanding155.70M
Shares Float46.04M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
41.82%
Insiders
49.10%
Retail / Other
9.08%

Top Institutional Holders

  • Knox Lane LP
    18.98M10.72%
  • Wasatch Advisors LP
    3.14M1.77%
  • Alyeska Investment Group, L.P.
    2.72M1.54%
  • Loomis, Sayles & Company LP
    1.98M1.12%
  • NORGES BANK
    1.88M1.06%
  • Allspring Global Investments Holdings, LLC
    1.81M1.02%
  • Capital World Investors
    1.80M1.02%
  • Westfield Capital Management Company, L.P.
    1.66M0.94%
  • Millennium Management LLC
    1.09M0.62%
  • Vanguard Capital Management, LLC
    983.01K0.56%
  • D. E. Shaw & Co LP
    912.92K0.52%
  • Citadel Advisors Llc
    898.69K0.51%
  • Vanguard Portfolio Management, LLC
    839.05K0.47%

Top Fund Holders

  • American Funds SMALLCAP World A
    1.75M0.99%
  • Wasatch Small Cap Growth Investor
    1.38M0.78%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.23M0.70%
  • Loomis Sayles Small Cap Growth Instl
    1.06M0.60%
  • Lord Abbett Developing Growth A
    1.01M0.57%
  • Vanguard Small Cap Index
    892.11K0.50%
  • iShares Russell 2000 ETF
    842.90K0.48%