vs
Side-by-side financial comparison of Pattern Group Inc. (PTRN) and Wayfair Inc. (W). Click either name above to swap in a different company.
Wayfair Inc. is the larger business by last-quarter revenue ($3.3B vs $639.7M, roughly 5.2× Pattern Group Inc.). Wayfair Inc. runs the higher net margin — -3.5% vs -9.2%, a 5.8% gap on every dollar of revenue. Wayfair Inc. produced more free cash flow last quarter ($177.0M vs $75.7M).
Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.
Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts that sells furniture and home goods online. Formerly known as CSN Stores, it was founded in 2002, and currently offers 14 million items from more than 11,000 global suppliers. The company maintains international operations, including locations in North America and in Canada, Germany, Ireland, China and the United Kingdom.
PTRN vs W — Head-to-Head
Income Statement — Q3 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $639.7M | $3.3B |
| Net Profit | $-59.1M | $-116.0M |
| Gross Margin | 44.3% | 30.3% |
| Operating Margin | -9.4% | 2.5% |
| Net Margin | -9.2% | -3.5% |
| Revenue YoY | — | 6.9% |
| Net Profit YoY | — | 9.4% |
| EPS (diluted) | $-2.19 | $-0.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $3.3B | ||
| Q3 25 | $639.7M | $3.1B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.7B |
| Q4 25 | — | $-116.0M | ||
| Q3 25 | $-59.1M | $-99.0M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-113.0M | ||
| Q4 24 | — | $-128.0M | ||
| Q3 24 | — | $-74.0M | ||
| Q2 24 | — | $-42.0M | ||
| Q1 24 | — | $-248.0M |
| Q4 25 | — | 30.3% | ||
| Q3 25 | 44.3% | 30.0% | ||
| Q2 25 | — | 30.1% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | 30.2% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 30.2% | ||
| Q1 24 | — | 30.0% |
| Q4 25 | — | 2.5% | ||
| Q3 25 | -9.4% | 1.2% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | -4.5% | ||
| Q4 24 | — | -3.7% | ||
| Q3 24 | — | -2.6% | ||
| Q2 24 | — | -1.1% | ||
| Q1 24 | — | -8.6% |
| Q4 25 | — | -3.5% | ||
| Q3 25 | -9.2% | -3.2% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | -4.1% | ||
| Q3 24 | — | -2.6% | ||
| Q2 24 | — | -1.3% | ||
| Q1 24 | — | -9.1% |
| Q4 25 | — | $-0.90 | ||
| Q3 25 | $-2.19 | $-0.76 | ||
| Q2 25 | — | $0.11 | ||
| Q1 25 | — | $-0.89 | ||
| Q4 24 | — | $-1.01 | ||
| Q3 24 | — | $-0.60 | ||
| Q2 24 | — | $-0.34 | ||
| Q1 24 | — | $-2.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $312.8M | $1.5B |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $541.4M | $-2.8B |
| Total Assets | $843.1M | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | $312.8M | $1.2B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
| Q4 25 | — | $-2.8B | ||
| Q3 25 | $541.4M | $-2.8B | ||
| Q2 25 | — | $-2.7B | ||
| Q1 25 | — | $-2.8B | ||
| Q4 24 | — | $-2.8B | ||
| Q3 24 | — | $-2.7B | ||
| Q2 24 | — | $-2.8B | ||
| Q1 24 | — | $-2.8B |
| Q4 25 | — | $3.4B | ||
| Q3 25 | $843.1M | $3.1B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $90.9M | $202.0M |
| Free Cash FlowOCF − Capex | $75.7M | $177.0M |
| FCF MarginFCF / Revenue | 11.8% | 5.3% |
| Capex IntensityCapex / Revenue | 2.4% | 0.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $464.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $202.0M | ||
| Q3 25 | $90.9M | $155.0M | ||
| Q2 25 | — | $273.0M | ||
| Q1 25 | — | $-96.0M | ||
| Q4 24 | — | $162.0M | ||
| Q3 24 | — | $49.0M | ||
| Q2 24 | — | $245.0M | ||
| Q1 24 | — | $-139.0M |
| Q4 25 | — | $177.0M | ||
| Q3 25 | $75.7M | $128.0M | ||
| Q2 25 | — | $260.0M | ||
| Q1 25 | — | $-101.0M | ||
| Q4 24 | — | $142.0M | ||
| Q3 24 | — | $32.0M | ||
| Q2 24 | — | $222.0M | ||
| Q1 24 | — | $-152.0M |
| Q4 25 | — | 5.3% | ||
| Q3 25 | 11.8% | 4.1% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | -3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | -5.6% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | 2.4% | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 18.20× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PTRN
| Amazon.com | $549.2M | 86% |
| Amazon Marketplaces International | $43.4M | 7% |
| Other Online Marketplaces And Channels | $39.4M | 6% |
| Saa S Logistics And Other Revenue | $7.7M | 1% |
W
| US Segment | $2.9B | 88% |
| International Segment | $395.0M | 12% |