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RVLV

Revolve Group, Inc.

RVLV

Revolve Group, Inc. • NYSE
$24.17 ▼ -2.19% (-0.54)
Market Cap $1.72 B
52w High $39.58
52w Low $16.80
Dividend Yield 0%
P/E 31.39
Volume 307.38K
Outstanding Shares 71.33M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $295.631M ▼ $140.525M ▼ $21.179M ▲ 7.164% ▲ $0.3 ▲ $29.308M ▲
Q2-2025 $308.971M ▲ $149.059M ▲ $10.161M ▼ 3.289% ▼ $0.14 ▼ $19.797M ▲
Q1-2025 $296.709M ▲ $139.598M ▼ $11.819M ▼ 3.983% ▼ $0.17 $16.057M ▲
Q4-2024 $293.728M ▲ $142.897M ▲ $12.336M ▲ 4.2% ▲ $0.17 ▲ $12.649M ▼
Q3-2024 $283.146M $130.614M $10.971M 3.875% $0.16 $15.545M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $315.427M ▲ $751.257M ▲ $261.05M ▲ $490.207M ▲
Q2-2025 $310.716M ▲ $722.922M ▲ $254.335M ▼ $468.587M ▲
Q1-2025 $300.831M ▲ $713.905M ▲ $260.534M ▲ $454.187M ▲
Q4-2024 $256.6M ▲ $665.547M ▼ $227.762M ▼ $438.188M ▲
Q3-2024 $252.841M $670.933M $250.122M $420.286M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $21.179M ▲ $11.818M ▼ $-5.191M ▼ $215K ▲ $4.711M ▼ $5.297M ▼
Q2-2025 $10.161M ▼ $12.62M ▼ $-4.67M ▼ $-1.567M ▼ $9.885M ▼ $10.413M ▼
Q1-2025 $11.406M ▼ $45.145M ▲ $-2.341M ▼ $-531K ▼ $44.231M ▲ $43.366M ▲
Q4-2024 $11.77M ▲ $3.918M ▼ $-2.087M ▲ $5.623M ▲ $3.759M ▼ $2.088M ▼
Q3-2024 $10.971M $9.052M $-2.881M $-936K $8.104M $8.015M

Revenue by Products

Product Q3-2021Q1-2025Q2-2025Q3-2025
Beauty
Beauty
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Dresses
Dresses
 $70.00M ▲$80.00M ▲$90.00M ▲$90.00M ▲
Fashion Apparel
Fashion Apparel
 $120.00M ▲$140.00M ▲$130.00M ▼$130.00M ▲
Handbags Shoes And Accessories
Handbags Shoes And Accessories
 $40.00M ▲$60.00M ▲$60.00M ▲$60.00M ▲
Manufactured Product Other
Manufactured Product Other
 $0 ▲$0 ▲$0 ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revolve has grown its sales steadily over the past five years, showing that its brand and online model continue to attract shoppers. Profitability is positive each year, with solid gross margins, but earnings peaked in 2021 and have come down since, suggesting a tougher environment with more discounting and higher costs. Despite that, the company remains clearly profitable, not just breaking even, which is a key strength. The picture is of a fashion retailer that has scaled nicely but is now managing through a more competitive, slower-growth phase where protecting margins is harder than it used to be.

Balance Sheet

Balance Sheet The balance sheet looks conservative and generally healthy. Total assets and shareholder equity have grown over time, which indicates the business has been building its financial base rather than eroding it. Cash levels are high relative to the size of the company, and debt is quite low, giving Revolve financial flexibility and a buffer against downturns. This conservative setup reduces financial risk and gives the company room to keep investing in technology, marketing, and new initiatives without relying heavily on borrowing.

Cash Flow

Cash Flow Revolve consistently generates cash from its operations, which is an important sign that reported profits are backed by real cash, not just accounting. Free cash flow has been positive year after year, even as the company invests modestly in technology and infrastructure. Capital spending remains relatively light, which is typical for an asset-light online retailer. Overall, the cash flow profile suggests a business that funds itself, supports growth, and maintains a cash cushion without needing aggressive external financing.

Competitive Edge

Competitive Edge Revolve operates in a crowded and trend-sensitive online fashion market, but it has carved out a distinct niche with data-driven merchandising, a strong influencer ecosystem, and a portfolio of exclusive brands. Its focus on Millennial and Gen Z shoppers, curated selections, and lifestyle-driven “shop-within-shop” concepts helps it stand out from generic fashion marketplaces. At the same time, it faces intense competition from both global fast-fashion players and luxury platforms, and its success is tightly tied to staying culturally relevant and visible on social media. That makes its position attractive but also inherently exposed to shifting tastes and digital platforms’ algorithms.

Innovation and R&D

Innovation and R&D Innovation is one of Revolve’s main levers. The company relies heavily on its proprietary technology platform and AI tools to decide what to buy, how much to stock, and what to show each customer. Its in-house influencer marketing platform is another key asset, turning social content into a measurable sales engine. Revolve is also expanding its owned brands, testing physical stores, growing international presence, launching resale and circular initiatives, and experimenting with AI-powered shopping features and even Web3-related ideas. The opportunity is substantial, but it comes with execution risk: these bets need to deepen customer loyalty and profitability, not just add complexity and cost.

Summary

Overall, Revolve looks like a profitable, cash-generative online fashion retailer with a strong balance sheet and a business model built around technology, data, and influencer marketing. Growth has been solid over the longer term, though earnings have cooled from their peak as the environment has become more promotional and competitive. The company’s financial foundation is sound, with ample cash and little debt, which supports continued investment in AI, owned brands, physical retail, and international expansion. The main watchpoints are fashion and demand risk, reliance on social and influencer ecosystems, and the need to prove that its many innovation initiatives translate into durable growth and stable margins over time.

NEWS

November 25, 2025 · 5:50 PM UTC

Revolve Reports Stable Recurring Revenue and Significant Progress Across North American Project Portfolio in Q1, F2026

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November 19, 2025 · 9:00 AM UTC

Revolve Group, Inc. to Present at Upcoming Morgan Stanley, Barclays and KeyBanc Capital Markets Investor Conferences

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November 7, 2025 · 10:31 AM UTC

Revolve Announces Closing of Private Placement for Gross Proceeds of $3 Million

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November 4, 2025 · 4:03 PM UTC

Revolve Group Announces Third Quarter 2025 Financial Results

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November 3, 2025 · 10:46 AM UTC

Revolve Announces Upsize of Private Placement

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