Patagonia is a privately held outdoor apparel and gear company in Ventura, California, that sells durable products through its own stores, its website and 5,700+ wholesale locations. Its FY2025 revenue (year to Apr 30, 2025) was $1.47B, 61% from the US. Since 2022 it is owned by the Patagonia Purpose Trust and Holdfast Collective, and it has paid $180M in dividends to Holdfast; its Worn Wear repair and resale program brought in about $13M. Profit was not published.
Click any of the 9 blocks below for a plain-language story of how that part of the model works for Patagonia — and how it connects to the others.
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