Every material Form 8-K Reformation Inc. has filed with the SEC since August 03, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Reformation reported fiscal third-quarter net revenue up 19.1% to $173.6 million and raised its full-year fiscal 2026 net revenue outlook to $610 million to $612 million. The company swung to a net loss of $(1.1) million, or $(0.02) per share, from net income of $5.0 million a year earlier, mainly due to higher IPO-related stock-based compensation.
Net revenue rose 19.1% to $173.6 million; DTC revenue was $152.8 million and wholesale and other was $20.8 million.
Net loss was $(1.1) million, or $(0.02) per share, versus net income of $5.0 million, or $0.10 per diluted share, a year earlier; IPO-related stock-based compensation in SG&A was $10.5 million.
Fiscal 2026 net revenue outlook raised to $610 million to $612 million, up from $602 million to $606 million.
Adjusted EBITDA rose 64.2% to $23.1 million; cash and cash equivalents were $97.7 million at quarter end.
Reformation reported fiscal second-quarter 2026 net revenue of $155.2 million, up 24.1% from a year earlier, and net income of $12.4 million, or $0.23 per diluted share, up 79.4%. The company also set fiscal 2026 net revenue guidance of $602 million to $606 million, but the balance sheet now carries $246.7 million of total debt after term loans funded a dividend of about $90.0 million.
Net revenue rose 24.1% to $155.2 million; DTC revenue grew 21.2% and wholesale grew 48.7%.
Net income was $12.4 million, or $0.23 per diluted share, versus $6.9 million, or $0.13, a year earlier.
Full-year fiscal 2026 outlook: net revenue of $602 million to $606 million and adjusted EBITDA margin of 14% to 14.2%.
On June 17, 2026, the company added $92.0 million of term loans, used to fund an approximately $90.0 million dividend ($1.63 per share); total debt was $246.7 million.
Reformation Inc. completed its initial public offering on July 31, 2026, selling 14,062,500 shares of common stock at $15.00 per share, including 4,583,679 shares sold by selling stockholders. The company said it received no proceeds from the selling stockholders' shares, and it reported aggregate gross proceeds of approximately $210.9 million before underwriting discounts, commissions and estimated offering expenses. Its amended and restated certificate of incorporation and bylaws took effect on the same date, which sets the governing rules for shareholders going forward.
IPO closed July 31, 2026: 14,062,500 shares at $15.00 per share
Includes 4,583,679 shares sold by selling stockholders; the company received no proceeds from those shares
Aggregate gross proceeds of approximately $210.9 million before underwriting discounts and estimated expenses
Amended and restated certificate of incorporation and bylaws effective July 31, 2026
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