PTRN (PTRN) reported R&D of $11.19M in Q1 2026.

How has PTRN's R&D changed year-over-year?

PTRN's R&D increased by 98.3% year-over-year, from $5.64M to $11.19M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

PTRN PTRN R&D

R&D at other companies

Symbotic Inc.SYM

$51.28M-11.5%

DoximityDOCS

$39.11M+57.7%

Manhattan AssociatesMANH

$37.35M+5.8%

eBayEBAY

$450M+14.5%

ShopifySHOP

$437M+15.9%

DigitalOceanDOCN

$48.83M+23.3%

Other financials

Income statement

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Revenue$773.7M+43.2%

Gross profit$340.2M+44.3%

Operating income$39.6M+34.6%

Net income$29.2M+28.1%

EPS (diluted)$0.16-5.9%

Balance sheet

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Cash & equivalents$344.2M+57.3%

Total debt$31.1M—

Total equity$609.7M+364%

Total assets$967.2M—

Cash flow

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Operating cash flow$72.6M+50.0%

CapEx$9.3M+77.2%

Free cash flow$63.3M+46.7%

Valuation

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Market cap$3.78B—

Enterprise value$3.46B—

P/E166.7×—

P/S1.4×—

Profitability

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Gross margin43.7%—

Operating margin1.3%—

Net margin0.8%—

FCF margin2%—

Returns & leverage

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Return on equity6.1%-69.9pp

Debt / equity0.1×—

Current ratio2.5×—

Where this comes from

Reported directly by PTRN in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: PTRN’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PTRN's R&D?: PTRN (PTRN) reported R&D of $11.19M in Q1 2026.
How has PTRN's R&D changed year-over-year?: PTRN's R&D increased by 98.3% year-over-year, from $5.64M to $11.19M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.