REF (Reformation) Total Operating Expense: $276.7 Mil (TTM As of Dec. 2025)

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REF Reformation Inc REF
8 GF Score
Price $16.22
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What is Reformation Total Operating Expense?

Reformation REF +7.56% 8 Total Operating Expense is $276.7 Mil as of Dec. 2025. GuruFocus rates REF with a GF Score™ of 8/100.

Reformation's Total Operating Expense for the six months ended in Dec. 2025 was $276.7 Mil. Reformation's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was $276.7 Mil.

Reformation Total Operating Expense Related Terms

Reformation Total Operating Expense Historical Data

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The historical data trend for Reformation's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reformation Total Operating Expense Chart

Reformation Annual Data
Trend Dec23 Dec24 Dec25
Total Operating Expense
192.76 229.95 276.67

Reformation Semi-Annual Data
Dec23 Dec24 Dec25
Total Operating Expense 192.76 229.95 276.67
REF
8GF Score
Reformation Inc REF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Reformation Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


For stock reported annually, GuruFocus uses latest annual data as the TTM data. Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was $276.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $276.7 Mil mean?
Reformation (REF) has a Total Operating Expense of $276.7 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Reformation and its competitors.
Is Reformation's Total Operating Expense too high?
Reformation's current Total Operating Expense is $276.7 Mil. Overall, Reformation has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Reformation's Total Operating Expense compare to ?
Reformation's Total Operating Expense of $276.7 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Reformation and its competitors. Reformation's current Total Operating Expense is $276.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reformation stock overvalued right now?
Reformation (REF) has a current Total Operating Expense of $276.7 Mil. The current Total Operating Expense is $276.7 Mil. Reformation's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Reformation (REF), the current Total Operating Expense is $276.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Reformation Business Description

Comparable Companies
Address 5801 S. 2nd Street, Vernon, CA, USA, 90058
Reformation Inc sells apparel and accessories through its website, company-owned retail stores, wholesale channels, and other distribution channels in the United States and internationally. Its product portfolio includes dresses, bottoms, tops, sweaters, and accessories. The company focuses on womenswear and sources materials and products through its supply chain operations. The majority of the company's revenue was derived from the sale of its apparel and accessories, including clothing, shoes, and bags, through e-commerce and retail. Geographically, the maximum revenue is generated from the United States.
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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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