Reformation $REF

Consumer Discretionary

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Reformation (REF) is a Consumer Discretionary company in the Russell 2000. Latest news and coverage below.

Reformation revenue & net income history

RevenueNet income
$155.2M$71.5M−$12.1MQ1 FY2025 revenue: $86.1MQ1 FY2025 net income: −$5.55MQ1 '25Q2 FY2025 revenue: $125.1MQ2 FY2025 net income: $6.92MQ2 '25Q1 FY2026 revenue: $112.3MQ1 FY2026 net income: −$12.1MQ1 '26Q2 FY2026 revenue: $155.2MQ2 FY2026 net income: $12.4MQ2 '26
Reformation quarterly financial statements
Q1 FY25†Mar 2025Q2 FY25Jun 2025Q1 FY26†Mar 2026Q2 FY26Jun 2026
Income statement
Revenue$86.1M$125.1M$112.3M$155.2M
Growth (year over year)——+30.4%+24.1%
Gross profit$51.9M$80.6M$79.0M$103.5M
Gross margin60.3%64.4%70.3%66.7%
Operating income−$3.91M$12.6M−$12.8M$19.0M
Operating margin−4.5%10.1%−11.4%12.3%
Net income−$5.55M$6.92M−$12.1M$12.4M
Net margin−6.4%5.5%−10.8%8.0%
EPS (diluted)−$0.10$0.13−$0.23$0.23
Balance sheet
Cash and equivalents———$76.6M
Total assets———$1.01B
Total liabilities———$628.4M
Long-term debt———$239.9M
Shareholders' equity$421.5M$429.2M$452.6M$376.7M

From Reformation's 10-Q filings with the SEC. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Reformation

Headquarters
Vernon, California From SEC filings, Oct 2026

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