Pattern Group Q2 revenue jumps 47%, beats estimates

Pattern

05/08/2026 21:59

Overview
US ecommerce acceleration platform's Q2 revenue rose 47% yr/yr, beating analyst expectations
Adjusted EBITDA for Q2 grew 54% yr/yr as company reported fourth straight quarter of outpacing revenue growth
Company raised full-year outlook, citing momentum and calendar shift of marketplace events

Outlook
Pattern sees Q3 revenue of $840 mln to $860 mln, up 31% to 34% year over year
Company expects Q3 adjusted EBITDA of $51 mln to $53 mln, up 25% to 29% year over year
Pattern raises full-year 2026 revenue outlook to $3.42 bln to $3.46 bln, up 37% to 38%

Result Drivers
BRAND PARTNER ENGAGEMENT - Co said deeper engagement with brand partners strengthened its data advantage and accelerated growth
TECHNOLOGY INVESTMENT - Launch of Pattern Intelligence (Pi) powered by AI and proprietary data cited as key driver of ecommerce growth
INTERNATIONAL AND NON-AMAZON EXPANSION - Record international and non-Amazon revenue growth contributed to overall results

Company press release: ID:nBw5fdNGta

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$876.77 mln
$817.15 mln (8 Analysts)
Q2 Net Income
 
$27.50 mln
 
Q2 Operating Expenses
 
$841.24 mln
 
Q2 Operating Income
 
$35.54 mln
 
Q2 Pretax Profit
 
$37.54 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Pattern Group Inc. is $25.50, about 7.7% above its August 4 closing price of $23.67
The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 26 three months ago

Reuters Recommended Reads
Aug 5 - Shopify Q2 revenue rises 34% on broad GMV growth
Aug 4 - Wayfair Q2 revenue slightly beats estimates on order growth
Aug 4 - Amazon loses US court ban on Perplexity's AI shopping tools

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)