Reformation Reports Strong Q2 Earnings with Revenue and Profit Growth
Reformation Inc., a sustainable fashion brand listed on the New York Stock Exchange, reported strong financial results for its second quarter of fiscal year 2026. The company's revenue rose by 24.1% to $155.2 million compared to the same period in 2025, with net income increasing from $6.9 million to $12.4 million and adjusted EBITDA climbing 54% to $25.4 million. The growth was broad-based across key segments: direct-to-consumer revenue increased by 21.2%, wholesale revenue grew significantly at 48.7%, and international sales advanced by 36.8%. Active customer count rose 23% year-over-year to 1.2 million, supporting the DTC performance despite a slight decline in per-customer spending due to an influx of new customers. Reformation maintained its full-year outlook for revenue between $602 million and $606 million with adjusted EBITDA margins expected at 14%–14.2%. The company also plans to expand store count from the current 70 locations, aiming to open nine to ten more by year-end.
Topics: customer_growth ebitda net_income revenue_growth store_expansion