Reformation Announces Third Quarter Fiscal 2026 Results
PR Newswire•05/11/2026•16:05 ET
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Key Highlights
- ➤Net revenue $173.6M, up 19.1% year over year
- ➤Adjusted EBITDA $23.1M, up 64.2%; margin expanded to 13.3%
- ➤Active Customers increased 23.4% to 1.25 million
- ➤Fiscal 2026 revenue outlook raised to $610M-$612M, growth of 20%-21%
- ➤Gross margin expanded 252 basis points to 60.4%
Expert Statements
Hali Borenstein, Chief Executive Officer of Reformation
“Our strong Q3 results, marking our 22nd consecutive quarter of double-digit revenue growth, reflect the durability of our business and momentum across our strategic growth pillars.”
Hali Borenstein, Chief Executive Officer of Reformation
“The combination of our powerful brand, differentiated operating model, and significant white space ahead positions Reformation to continue to deliver double-digit growth in a large global market.”
Hali Borenstein, Chief Executive Officer of Reformation
“We're proud of our accomplishments this quarter and remain focused on delivering against our long-term objectives to drive sustainable profitability and shareholder value.”
Reformation Announces Third Quarter Fiscal 2026 Results PR Newswire
Net Revenue grew over 19%; Active Customers increased 23% Gross Margin Expanded ~250 bps to 60.4% Raises Fiscal 2026 Net Revenue Growth Outlook to ~20% and Adjusted EBITDA Margin Outlook to High-End of Previous Guidance to ~14.2%
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