“Research and Development Three Months Ended March 31, ($ in thousands) 2025 2026 $ Change % Change Research and development $ 5,643 $ 11,188 $ 5,545 98.3 % The increase in research and development costs was driven by the recognition of $1.1 million of stock-b…”10-Q · May 7, 2026 ↗
Pattern Group Inc.
PTRN
Market read
Pattern Group Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- PTRN's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if PTRN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- PTRN's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +39.3% year over year.
- Operating cash flow covered net income at 6.12x in the latest annual period.
- Operating margin changed -3.8 percentage points in the latest annual period.
- Net margin changed -3.1 percentage points in the latest annual period.
- Diluted shares increased 26.7% in the latest annual period.
- P/E is 174% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 81% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
20.08Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“it matter due to the challenging, subjective, and complex judgments required by management related to estimating the current and anticipated demand based on historical sales, buying trends and method of disposal necessary in determining the inventory reserve.”10-K · Mar 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.9× · EV/sales 0.8×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PTRN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PTRN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PTRN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMZN93.0% of PTRNcustomerMar 6, 2026 ▾
“For the year ended December 31, 2025, we derived 93% of our revenue from consumer product sales on Amazon.”
AMZNAmazon.com, Inc.distributorMay 7, 2026 ▾
“Revenue from Amazon marketplaces increased $194.6 million, or 38%, year-over-year and revenue not attributable to Amazon increased $38.8 million, or 119%, year-over-year.”
JPMJPMorgan Chase & Co.lenderMay 7, 2026 ▾
“Credit Facility As of March 31, 2026, we were party to a revolving credit facility with JPMorgan Chase Bank, N.A.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PTRN is currently a Follower in the organic co-movement group Cloud-Based Software. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PTRN; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.