Pattern Group Inc posted record second-quarter revenue of $877 million, a 47% year-over-year increase, and raised its full-year guidance. Adjusted EBITDA rose 54% to $54 million, while net revenue retention reached a record 129%, up from 127% in the prior quarter and 118% a year ago. International revenue surged 87% to $110 million, marking the first quarter above $100 million, and non-Amazon revenue grew 93% with strength across Tmall, TikTok Shop, Walmart, and Coupang. The company lifted its full-year revenue forecast to between $3.4 billion and $3.5 billion, representing 37% to 38% growth, and adjusted EBITDA to between $211 million and $213 million, or 38% to 40% growth. For the third quarter, Pattern expects revenue of $840 million to $860 million and adjusted EBITDA of $51 million to $53 million, reflecting a moderation due to tougher comparisons and a shift of promotional events into the second quarter.
Pattern Group Inc. Series A Common StockRecord Q2 revenue and raised full-year guidance
Coupang LLCMentioned as a platform where non-Amazon revenue grew 93%
Walmart Inc.Mentioned as a platform where non-Amazon revenue grew 93%
