Pattern (PTRN) Operating Expenses (2024 - 2026)
Pattern's (PTRN) quarterly Operating Expenses came in at $841.2 million in Q2 2026, up 48.1% year-over-year from $568.0 million in Q2 2025, and up 14.59% quarter-over-quarter from $734.2 million in Q1 2026.
Analysis
Pattern (PTRN) Operating Expenses (2024 - 2026) Analysis & Trends
Pattern (PTRN) has reported Operating Expenses for 3 consecutive years, with $841.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 48.1% year-over-year to $841.2 million in Q2 2026; TTM through Jun 2026 was $3.0 billion, a 49.13% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 44.88% from the prior year.
- Operating Expenses was $841.2 million for Q2 2026 at Pattern, up from $734.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $841.2 million in Q2 2026 and troughed at $421.7 million in Q3 2024.
- A 3-year average of $620.7 million and a median of $632.5 million in 2025 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 65.94% in 2025, down 41.58% in 2025.
- Over 3 years, Operating Expenses stood at $492.3 million in 2024, then jumped by 41.58% to $697.1 million in 2025, then advanced by 20.68% to $841.2 million in 2026.
- The last three Operating Expenses figures came in at $841.2 million (Q2 2026), $734.2 million (Q1 2026), and $697.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,787.51 Bn | 2,664.53 Bn | 198.88 Bn | 330.81 Bn |
| 2 | JD.com | 34.28 Bn | 11.02 Bn | 16.50 Bn | -3.06 Bn |
| 3 | Coupang | 27.38 Bn | 21.27 Bn | 2.49 Bn | 9.41 Bn |
| 4 | Wayfair | 13.53 Bn | 12.38 Bn | 1.05 Bn | 950.00 Mn |
| 5 | GigaCloud Technology | 3.72 Bn | 3.34 Bn | 105.56 Mn | 58.05 Mn |
| 6 | Pattern | 3.14 Bn | 2.79 Bn | 384.36 Mn | 841.24 Mn |
| 7 | Yunji | 2.00 Bn | 1.97 Bn | - | - |
| 8 | Revolve | 1.52 Bn | 1.18 Bn | 196.67 Mn | 174.57 Mn |
| 9 | LuxExperience B.V | 746.33 Mn | 382.11 Mn | 329.37 Mn | -153.55 Mn |
| 10 | ATRenew | 672.68 Mn | 411.56 Mn | -705.59 Mn | -25.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 841.24 Mn |
| Mar 31, 2026 | 734.16 Mn |
| Dec 31, 2025 | 697.06 Mn |
| Sep 30, 2025 | 699.83 Mn |
| Jun 30, 2025 | 568.02 Mn |
| Mar 31, 2025 | 511.00 Mn |
| Dec 31, 2024 | 492.34 Mn |
| Sep 30, 2024 | 421.74 Mn |