Reformation Inc. Reports Strong Q2 Financial Performance with Double-Digit Revenue and Profit Growth
Reformation Inc. (NYSE: REF) reported a significant increase in both net revenue and net income for the second quarter of fiscal year 2026, driven by strong performance across all channels. Net revenue rose to $155.2 million, up 24.1% from the previous year, while net income surged 79.4% to $12.4 million or $0.23 per diluted share. The company also noted a substantial improvement in adjusted EBITDA and gross margin. Reformation expects continued growth for fiscal 2026, forecasting revenue between $602 million and $606 million — representing an increase of 18.6% to 19.5%. Adjusted EBITDA margins are projected to remain stable at 14% to 14.2%. CEO Hali Borenstein highlighted the company's consistent performance, noting it marks their 21st consecutive quarter of double-digit revenue growth.
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Topics: adjusted_ebitda net_income revenue_growth