Company research
Pattern Group Inc.
CIK 1811935Updated Sep 24, 2026
SecurityPTRN · NASDAQ · equity
Name history
Covalent Group, Inc. · through May 15, 2020
PTRN price & chart
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Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 947,639,000Source | 664,422,000Source |
| Property, Plant and Equipment, NetUSD | 41,087,000Source | 35,035,000Source |
| GoodwillUSD | 37,769,000Source | 25,938,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 16,694,000Source | 6,906,000Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 289,049,000Source | 175,615,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 177,214,000Source | 106,926,000Source |
| Inventory, NetUSD | 294,737,000Source | 264,103,000Source |
| Assets, CurrentUSD | 792,575,000Source | 558,082,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 31,575,000Source | 11,438,000Source |
| Operating Lease, Right-of-Use AssetUSD | 28,164,000Source | 27,877,000Source |
| Other Assets, NoncurrentUSD | 31,350,000Source | 10,584,000Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 366,644,000Source | 285,097,000Source |
| Stockholders’ equity: | ||
| Preferred Stock, Value, IssuedUSD | 0Source | 86,000Source |
| Additional Paid in CapitalUSD | 551,648,000Source | 2,764,000Source |
| Retained Earnings (Accumulated Deficit)USD | 28,722,000Source | 106,855,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 448,000Source | -985,000Source |
| Stockholders' Equity Attributable to ParentUSD | 580,995,000Source | 108,724,000Source |
| Liabilities and EquityUSD | 947,639,000Source | 664,422,000Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 338,542,000Source | 257,699,000Source |
| Operating Lease, Liability, CurrentUSD | 8,826,000Source | 8,030,000Source |
| Accounts Payable, CurrentUSD | 274,977,000Source | 211,558,000Source |
| Operating Lease, Liability, NoncurrentUSD | 22,009,000Source | 22,095,000Source |
| Deferred Income Tax Liabilities, NetUSD | 3,567,000Source | 418,000Source |
| Other Liabilities, NoncurrentUSD | 6,093,000Source | 5,303,000Source |
| Additional Financial Items | ||
| Accounts Receivable, after Allowance for Credit LossUSD | 177,214,000Source | 106,926,000Source |
| Accrued Liabilities, CurrentUSD | 53,818,000Source | 37,845,000Source |
| Dividends PayableUSD | 0Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation, Depletion and AmortizationUSD | 16,800,000Source | 14,811,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 97,288,000Source | 0Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | 67,715,000Source | 30,811,000Source |
| Increase (Decrease) in InventoriesUSD | 29,034,000Source | 73,219,000Source |
| Increase (Decrease) in Accounts PayableUSD | 62,382,000Source | 86,471,000Source |
| Deferred Income Tax Expense (Benefit)USD | -19,298,000Source | -1,271,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 99,406,000Source | 70,347,000Source |
| Cash flows from investing activities: | ||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 19,296,000Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -39,770,000Source | -20,438,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 20,482,000Source | 20,450,000Source |
| Cash flows from financing activities: | ||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 80,999,000Source | 0Source |
| Payments for Repurchase of Common StockUSD | 0Source | 2,901,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 53,711,000Source | -2,901,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -319,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 113,434,000Source | 48,382,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 289,049,000Source | 175,615,000Source |
| Supplemental disclosure of cash flow information: | ||
| Income Taxes Paid, NetUSD | 18,468,000Source | 21,345,000Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | 97,288,000Source | 0Source |
| Amortization of Intangible AssetsUSD | 2,500,000Source | 3,100,000Source |
| Dividends PayableUSD | 0Source | — |
| General and Administrative ExpenseUSD | 523,060,000Source | 338,508,000Source |
| GoodwillUSD | 37,769,000Source | 25,938,000Source |
| Income Tax Expense (Benefit)USD | -17,040,000Source | 23,379,000Source |
| InterestExpenseNonoperatingUSD | 231,000Source | 98,000Source |
| Investment Income, InterestUSD | 7,653,000Source | 6,164,000Source |
| Net Income (Loss) Attributable to ParentUSD | 16,246,000Source | 67,856,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -156,607,000Source | 42,491,000Source |
| Operating Lease, ExpenseUSD | 9,300,000Source | 7,100,000Source |
| Other Nonoperating Income (Expense)USD | -946,000Source | -2,013,000Source |
| Proceeds from Issuance of Common StockUSD | 135,029,000Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Total RevenueUSD | 2,501,315,000Source | 1,796,161,000Source |
| Cost of RevenueUSD | 1,410,869,000Source | 1,014,812,000Source |
| Gross Profit (Calculated) · Derived | — | — |
| Operating Income (Loss)USD | 25,406,000Source | 87,182,000Source |
| Other Nonoperating Income (Expense)USD | -946,000Source | -2,013,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -794,000Source | 91,235,000Source |
| Income Tax Expense (Benefit)USD | -17,040,000Source | 23,379,000Source |
| Net Income (Loss) Attributable to ParentUSD | 16,246,000Source | 67,856,000Source |
| Earnings Per Share, BasicUSD per share | -1.36Source | 0.47Source |
| Earnings Per Share, DilutedUSD per share | -1.36Source | 0.47Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 114,998,000Source | 90,769,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 114,998,000Source | 90,769,000Source |
| Interest Expense (non-operating)USD | 231,000Source | 98,000Source |
| Additional Financial Items | ||
| Amortization of Intangible AssetsUSD | 2,500,000Source | 3,100,000Source |
| Costs and ExpensesUSD | 2,475,909,000Source | 1,708,979,000Source |
| Current Income Tax Expense (Benefit)USD | 2,258,000Source | 24,650,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 14,300,000Source | 11,800,000Source |
| General and Administrative ExpenseUSD | 523,060,000Source | 338,508,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | -794,000Source | 91,235,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 12,513,000Source | 98,640,000Source |
| Investment Income, InterestUSD | 7,653,000Source | 6,164,000Source |
| Marketing and Advertising ExpenseUSD | 37,200,000Source | 20,900,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -156,607,000Source | 42,491,000Source |
| Operating Lease, ExpenseUSD | 9,300,000Source | 7,100,000Source |
| Research and Development ExpenseUSD | 46,293,000Source | 17,987,000Source |
| Selling and Marketing ExpenseUSD | 495,687,000Source | 337,672,000Source |
Offerings
Registration 333-296775
- Gross proceeds
- 152000000.0
- Net proceeds
- 145160000.0
- Deal price
- 19.0
- Shares
- 8000000
- Offering price
- $19.00
- Ticker
- PTRN