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Financial statements

Pattern Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Pattern Group Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue1,3661,7962,501
Cost of revenue7651,0151,411
Gross profit6017811,090
Research and development14.61846.3
Selling and marketing258338496
General and administrative276339523
Operating income52.887.225.4
Interest expense0.030.10.23
Interest income2.886.167.65
Other non-operating income0.71-2.01-0.95
Pre-tax income56.391.2-0.79
Income tax15.123.4-17
Net income41.367.916.2
EBITDA64.910242.2
EPS, basic0.220.47-1.36
EPS, diluted0.220.47-1.36
Shares, basic (weighted)90.890.8115
Shares, diluted (weighted)90.890.8115

Balance sheet

FY2023FY2025FY2025
Cash and equivalents127176289
Receivables107177
Inventory264295
Other current assets11.431.6
Total current assets558793
Property, plant and equipment3541.1
Lease right-of-use assets27.928.2
Goodwill25.925.937.8
Intangible assets6.9116.7
Other non-current assets10.631.4
Total assets664948
Accounts payable212275
Accrued liabilities37.853.8
Total current liabilities258339
Lease liabilities22.122
Other non-current liabilities5.36.09
Total liabilities285367
Paid-in capital2.76552
Retained earnings10728.7
Other comprehensive income-0.990.45
Shareholders' equity42.4109581
Total equity42.4109581
Total liabilities and equity664948

Cash flow statement

FY2023FY2025FY2025
Net income41.367.916.2
Depreciation and amortization12.114.816.8
Stock-based compensation-0.21097.3
Deferred income tax-0.25-1.27-19.3
Change in receivables-1.54-30.8-67.7
Change in inventory-30.9-73.2-29
Change in payables28.186.562.4
Cash from operations41.570.399.4
Capital expenditures-14.5-20.5-20.5
Acquisitions00-19.3
Cash from investing-14.5-20.4-39.8
Stock issued00135
Share buybacks0-2.90
Cash from financing0-2.953.7
Net change in cash28.148.4113
Free cash flow2749.978.9
Income taxes paid18.921.318.5

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $17.02 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin43.9%Gross profit / revenue.
Operating margin1.4%Operating income / revenue.
EBITDA margin1.9%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin0.9%Net income / revenue.
FCF margin3.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin4.5%Cash from operations / revenue.
Return on equity (ROE)4.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)2.5%Net income / average total assets.
Return on invested capital (ROIC)10.8%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue1.9%Research and development expense / revenue.
Stock-based pay / revenue3.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue1.0%Capital expenditures / revenue.
D&A / revenue0.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y39.3%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y39.6%Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y-70.9%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-58.6%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-76.1%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-389.4%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y41.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y58.2%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y434.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y42.6%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y26.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.35xCurrent assets / current liabilities.
Quick ratio1.46x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.91x(Cash + short-term investments) / current liabilities.
Liabilities / assets39.8%Total liabilities / total assets.
Working capital$513.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets4.8%(Goodwill + intangible assets) / total assets.
Tangible book value$593.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover2.81xRevenue / average total assets.
Fixed asset turnover56.1xRevenue / average property, plant and equipment.
Inventory turnover5.31xCost of revenue / average inventory.
Days inventory69 days365 x average inventory / cost of revenue.
Receivables turnover14.5xRevenue / average receivables.
Days sales outstanding25 days365 x average receivables / revenue.
Days payables65 days365 x average accounts payable / cost of revenue.
Cash conversion cycle29 daysDays inventory + days sales outstanding - days payables.
FCF conversion402.4%Free cash flow / net income, when net income is positive.
Capex / operating cash flow22.1%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.15Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$16.63Revenue / diluted weighted shares.
FCF per share$0.59Free cash flow / diluted weighted shares.
Operating cash flow per share$0.75Cash from operations / diluted weighted shares.
Book value per share$3.56Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$3.28Tangible book value / shares outstanding.
Cash per share$1.91(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$3.02BShare price x shares outstanding.
Enterprise value$2.67BMarket cap + total debt - cash - short-term investments.
P/E114xMarket cap / net income. Only when net income is positive.
P/S1.00xMarket cap / revenue.
P/B4.68xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book5.08xMarket cap / tangible book value, when positive.
P/FCF28.4xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF22.2xMarket cap / cash from operations, when positive.
EV/Sales0.89xEnterprise value / revenue.
EV/EBIT65.2xEnterprise value / operating income, when both are positive.
EV/EBITDA45.5xEnterprise value / EBITDA, when both are positive.
EV/FCF25.2xEnterprise value / free cash flow, when both are positive.
FCF yield3.5%Free cash flow / market cap.
Earnings yield0.9%Net income / market cap (the inverse of P/E).
What was Pattern Group Inc.'s revenue in fiscal 2025?

Pattern Group Inc. reported revenue of $2.50B for fiscal 2025, 39.3% higher than the year before.

Was Pattern Group Inc. profitable in fiscal 2025?

Yes. Net income was $16.2M, a net margin of 0.6%.

How much free cash flow did Pattern Group Inc. generate in fiscal 2025?

Cash from operations of $99.4M minus capital expenditures of $20.5M left free cash flow of $78.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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