Reformation Inc. (California) (REF) stock price, financials & research

Regular session · ET · Market data may be delayed.

Company profile

Reformation, Inc. operates as a clothing brand company. It is engaged in sustainable womenswear. Its products include dresses, jeans, tops, sweaters, shoes, and accessories. The company was founded in 2009 and is headquartered in New York, NY.

Industry: Apparel - Footwear & Accessories
Sector: Consumer Cyclical
Headquarters: US
CEO: Hali Borenstein
Listed since: Jul 30, 2026
Employees: 1,353

Market position

Day range

Current $13.08

$12.61$13.32

52-week range

Current $13.08

$11.85$17.26

Open: $13.00
Previous close: $13.19
Volume: 218.34K; 0.34× average
Average volume: 640.44K; Average daily volume
Market cap: 772.72M USD
Beta: 0; Market reference 1
50-day average: $14.3521; -8.86% below average
200-day average: $14.3521; -8.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value: 1.02B USD
P/E (TTM): 2,180×
P/B (TTM): 1.73×
P/S (TTM): 2.89×
EV / EBITDA: 22.88×
Earnings yield: 1.69%
Free cash flow yield: -2.39%
Dividend yield: 0.00%

Profitability & efficiency

Gross margin: 68.20%
Operating margin: 2.31%
Net margin: 0.10%
Return on equity: 2.87%
Return on assets: 1.35%
Return on invested capital: 2.52%

Financial health

Debt / equity: 1.16×
Current ratio: 1.52×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

507.1M USD+15.74%

Operating income

28.82M USD-45.27%

Net income

12.64M USD-61.62%

Financial statements: Income statement
Metric (USD)	FY2025	FY2024	FY2023
Revenue	507.1M USD	438.16M USD	359.52M USD
Cost of goods sold	201.62M USD	155.55M USD	129.19M USD
Gross profit	305.49M USD	282.61M USD	230.34M USD
Selling, general, and administrative	276.67M USD	229.95M USD	192.76M USD
Operating expenses	276.67M USD	229.95M USD	192.76M USD
Interest income	1.84M USD	3M USD	1.05M USD
Interest expense	14.57M USD	10.71M USD	—
Depreciation and amortization	13.17M USD	10.1M USD	8.48M USD
Operating income	28.82M USD	52.66M USD	37.58M USD
Net income	12.64M USD	32.93M USD	23.89M USD

Company facts updated Oct 8, 2026.

REF news

seekingalpha.comOct 7, 2026

Cedar Grove Capital Q3 2026 Portfolio Update

During the quarter, we closed our long positions in MTY Food Group, uniQure, ClearPoint Neuro, and Suja Life Inc. During the quarter, we closed short positions in Bending Spoons SpA, Chipotle Mexican Grill, The Ensign…

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defenseworld.netSep 24, 2026

Reformation (NYSE:REF) Shares Gap Down – Here’s What Happened

Reformation Inc. (NYSE: REF - Get Free Report)'s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $14.63, but opened at $13.46. Reformation shares last traded at $13.61,…

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defenseworld.netSep 12, 2026

Reformation Q2 Earnings Call Highlights

Reformation (NYSE: REF) reported second-quarter 2026 revenue and profitability above the high end of the company's estimates provided at the time of its initial public offering, as growth in active customers,…

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seekingalpha.comSep 10, 2026

Reformation Inc. (REF) Q2 2026 Earnings Call Transcript

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marketbeat.comSep 10, 2026

Reformation Q2 Earnings Call Highlights

Reformation NYSE: REF reported second-quarter 2026 revenue and profitability above the high end of the company's estimates provided at the time of its initial public offering, as growth in active customers,…

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prnewswire.comSep 10, 2026

Reformation Announces Second Quarter Fiscal 2026 Results

Net Revenue increased 24.1%Net Income grew 79.4%Adjusted EBITDA Margin expanded 320 basis points to 16.4% LOS ANGELES, Sept. 10, 2026 /PRNewswire/ -- Reformation Inc. (NYSE: REF) (the "Company"), the sustainable women's…

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