According to Patagonia’s first Impact Report, “Work in Progress Report 2025”, Patagonia had sales of $1.47 billion in its fiscal year ended April 1, 2025, with 61 percent of sales sold in the U.S. versus 39 percent sold internationally.

The debut report offers a more comprehensive view of Patagonia’s business impact, ownership structure and environmental giving beyond its annual eco-focused Our Footprint report on Patagonia.com, B Corp assessments and other tools.

The publication of the report follows the move in September 2022 by company founder Yvon Chouinard to set up a new ownership structure for the brand, transferring ownership of Patagonia to two organizations: the Patagonia Purpose Trust and the Holdfast Collective. The trust, which holds 2 percent of the company’s voting stock, protects Patagonia’s mission and values, while the Holdfast Collective, a nonprofit, holds the remaining 98 percent of non-voting stock and uses all profits to fight climate change and protect nature.

The Work in Progress Report found that since the company restructured in late 2022, it has provided $180 million to the Holdfast Collective.

The report details progress made on five goals for 2025 initially set in 2015 when the brand released its first fiber content report. Among those goals, the brand was able to eliminate forever chemicals from its product line with the debut in 2019 of its first products made without intentionally applied PFAS.

Patagonia has also made significant progress with its goal of using 100 percent preferred materials. In FY25, 84 percent of Patagonia’s fabrics and trims in its product line (by purchased weight) were preferred materials, most of which are backed by third-party certifications.

Patagonia also saw progress in ensuring factory workers making its product earn a “living wage,” with over 95 percent of Patagonia’s products last fiscal year made in Fair Trade Certified factories.

“Patagonia is not perfect by any means,” founder and ex-CEO Chouinard, said in a note leading the “Work in Progress” report. “We do not have all the answers, but the fear of getting things wrong in the process cannot stop us from trying to get things right in the end.”

Shortcomings include progress on carbon neutrality with emissions rising 2 percent in FY25, largely because changes in its product mix led to “more carbon-intensive” materials in new duffels and packs. Patagonia said it needs to cut greenhouse gas emissions by an average of 10 percent each year to reach its commitment to be net zero by 2040.

Patagonia has only seen 6 percent of its synthetic fabrics made from secondary waste (like materials made from textile waste or ocean-bound nets), well short of a goal of 50 percent. Patagonia indicated challenges around the goal were expected as the brand is seeking to move past single-use plastic bottles as its main recycled synthetic waste stream and has faced challenges scaling alternative waste streams.

Other details on the business include:

  • Patagonia sells in 45 countries, of which 25 have an owned retail or partner presence.
  • The brand has over 160 global stores, including 106 owned stores. Its store count includes 40 in North America, 23 stores in Japan, 14 in Chile and Argentina, 13 across Europe, 10 in Australia and New Zealand, and 6 in South Korea.
  • Patagonia has more than 5,700 wholesale partner locations.
  • Its headquarters are in Ventura, California, with offices in Amsterdam, Buenos Aires, Santiago, Seoul, Tokyo and Torquay.
  • Patagonia owns and operates a distribution center in Reno, Nevada. It also works with partner-operated distribution centers, including one in Hanover Township, Pennsylvania. The balance are located globally throughout Canada, Europe, Japan, South Korea, Australia, Chile and Argentina.
  • Patagonia has 3,716 global employees, including 2,167 in North America and 710 in Japan.