Revolve Group, Inc. RVLV
REVOLVE is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted premium lifestyle brand and a go-to online source for discovery and inspiration, we deliver exceptional service and an engaging customer experience with a vast yet curated offering totaling over 140,000 apparel and footwear styles, as well as beauty and accessories. Our dynamic platform connects a deeply engaged community of millions of consumers, thousands of global fashion influencers and over 1,600 emerging, established and owned brands. Through more than 20 years of investment in technology, data analytics and innovative marketing and merchandising strategies, we have built a powerful platform and brand that we believe is connecting with the next generation of consumers and is redefining fashion retail.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Rest of the world
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $972.4M | $903.5M | $870.4M |
| Rest of the world | $253.3M | $226.4M | $198.3M |
As the company reported it, from the “Segment Information - Schedule of Net Sales by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.13B | $1.07B | $1.10B | $891.4M | $580.6M | $601.0M | $498.7M | $399.6M | — |
| Cost of revenue | $569.9M | $536.6M | $514.5M | $509.1M | $401.6M | $275.4M | $279.0M | $233.4M | $205.9M | — |
| Gross profit | $655.8M | $593.3M | $554.2M | $592.3M | $489.8M | $305.3M | $322.0M | $265.3M | $193.7M | — |
| SG&A | $157.0M | $142.1M | $126.6M | $115.3M | $89.3M | $70.9M | $77.6M | $65.2M | $57.5M | — |
| Total operating expenses | $581.5M | $541.9M | $532.1M | $519.2M | $384.5M | $244.2M | $273.9M | $223.5M | $173.2M | — |
| Operating income | $74.3M | $51.4M | $22.1M | $73.1M | $105.3M | $61.1M | $48.1M | $41.8M | $20.5M | — |
| Pre-tax income | $82.3M | $64.4M | $37.8M | $76.6M | $104.7M | $60.1M | $47.2M | $41.2M | $19.1M | — |
| Income tax | $21.2M | $15.7M | $9.6M | $17.9M | $4.9M | $3.3M | $11.5M | $10.5M | $14.1M | — |
| Net income | $61.1M | $48.8M | $28.1M | $58.7M | $99.8M | $56.8M | $35.7M | $30.7M | $5.3M | — |
| EPS, basic | 0.87 | 0.70 | 0.39 | 0.80 | 1.38 | 0.81 | -0.09 | 0.47 | 0.08 | — |
| EPS, diluted | 0.86 | 0.69 | 0.38 | 0.79 | 1.34 | 0.79 | -0.09 | 0.44 | 0.08 | — |
| Shares, diluted (wtd. avg.) | 72.1M | 71.7M | 73.6M | 74.5M | 74.5M | 72.1M | 7.7M | 44.6M | 44.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $292.3M | $256.6M | $245.4M | $234.7M | $218.5M | $146.0M | $65.4M | $16.4M | — | — |
| Receivables | $16.6M | $10.3M | $12.4M | $5.4M | $4.6M | $4.6M | $4.8M | $5.3M | — | — |
| Inventory | $251.8M | $229.2M | $203.6M | $215.2M | $171.3M | $95.3M | $104.3M | $102.2M | — | — |
| Total current assets | $647.0M | $561.1M | $528.6M | $518.2M | $439.8M | $276.9M | $199.3M | $139.2M | — | — |
| Property, plant and equipment | $15.4M | $8.9M | $7.8M | $8.9M | $8.9M | $11.2M | $13.5M | $5.9M | — | — |
| Goodwill | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | — | — |
| Other intangibles | $2.4M | $2.3M | $1.9M | $1.6M | $1.2M | $1.3M | $1.5M | $564.0K | — | — |
| Total assets | $765.0M | $665.5M | $608.9M | $579.3M | $480.4M | $305.8M | $232.3M | $162.1M | — | — |
| Accounts payable | $56.4M | $45.1M | $47.8M | $50.8M | $54.3M | $39.3M | $29.8M | $20.2M | — | — |
| Total current liabilities | $230.5M | $196.1M | $189.6M | $181.1M | $160.2M | $105.7M | $101.5M | $82.3M | — | — |
| Total liabilities | $252.5M | $227.8M | $223.7M | $199.7M | $163.4M | $105.7M | — | — | — | — |
| Retained earnings | $368.2M | $305.1M | $268.4M | $269.2M | $213.4M | $114.0M | $56.7M | $61.3M | — | — |
| Total equity | $512.5M | $437.8M | $385.1M | $379.6M | $317.0M | $200.1M | $130.8M | $79.8M | $48.0M | $42.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $59.4M | $26.7M | $43.3M | $23.4M | $62.3M | $73.8M | $46.1M | $26.7M | $16.5M | — |
| Depreciation and amortisation | $4.4M | $4.3M | $5.0M | $4.7M | $4.4M | $4.5M | $3.6M | $2.5M | $2.5M | — |
| Stock-based compensation | $10.6M | $10.0M | $5.8M | $5.9M | $4.8M | $3.4M | $2.1M | $1.4M | $911.0K | — |
| Capital expenditure | $11.4M | $5.6M | $4.2M | $5.2M | $2.2M | $2.3M | $12.5M | $3.0M | $2.3M | — |
| Investing cash flow | -$14.9M | -$9.1M | -$4.2M | -$5.2M | -$2.2M | -$2.3M | -$12.5M | -$3.0M | -$2.3M | — |
| Financing cash flow | -$1.4M | -$5.4M | -$30.4M | $887.0K | $12.8M | $8.7M | $15.2M | -$17.6M | -$15.1M | — |
| Buybacks | $2.0M | $11.8M | $30.9M | — | — | — | $40.8M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-177284.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $399.6M | $498.7M | $601.0M | $580.6M | $891.4M | $1.10B | $1.07B | $1.13B | $1.23B |
| Gross profit | — | $193.7M | $265.3M | $322.0M | $305.3M | $489.8M | $592.3M | $554.2M | $593.3M | $655.8M |
| Net income | — | $5.3M | $30.7M | $35.7M | $56.8M | $99.8M | $58.7M | $28.1M | $48.8M | $61.1M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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