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Live News EQUITY ARTICLE M impact

Reformation reports Q2 revenue up 24% and higher gross margin

Q2 2026 revenue grew 24%, gross margin was 66.7%, and active customers rose 23% year-over-year. The company guided FY 2026 revenue growth of 18.6%–19.5% and adjusted EBITDA margin of 14.0%–14.2%.

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Reformation said Q2 2026 revenue rose 24%, while gross margin improved. Active customers increased 23%. The company also raised capital through an IPO and expanded internationally. 2% adjusted EBITDA margin.