Revolve Group delivered a robust Q4 2025, characterized by a 10% increase in net sales to $324.4 million and a 58% surge in net income. The company saw record growth in active customers and maintained a debt-free balance sheet while navigating a shift in product mix toward lower-value beauty items.
Revolve Group delivered a solid third quarter in 2025, marked by exceptional gross margin performance which led to an 11% increase in gross profit and a 45% increase in Adjusted EBITDA, reaching its highest ever for a third quarter. The company also saw a substantial 97% rise in net income and a 4% increase in net sales year-over-year, driven by growth in both REVOLVE and FWRD segments and across domestic and international markets. Healthy cash flow and a strong balance sheet position the company for continued investment in long-term strategic initiatives.
Revolve Group delivered robust second-quarter results, achieving 9% year-over-year net sales growth to $309.0 million and a 10% increase in operating income to $18.0 million. The company also reported its highest Adjusted EBITDA margin in three years and strong operating cash flow, despite a decrease in net income and diluted EPS primarily due to a swing from other income to other expense and an increased effective tax rate.
Revolve Group delivered strong first-quarter 2025 results with double-digit top-line growth, significant growth in operating income, and strong operating cash flow, driven by effective execution and efficiency improvements.
Revolve Group delivered an outstanding fourth quarter in 2024, marked by a 14% year-over-year increase in net sales to $293.7 million, and a more than doubling of net income and Adjusted EBITDA. The company also reported strong full-year results with net sales of $1.13 billion and net income of $48.8 million.
Revolve Group announced strong Q3 2024 financial results, featuring a 10% increase in net sales, a 238% surge in net income, and an 85% growth in Adjusted EBITDA. The company highlighted improved efficiency in logistics costs, return rates, and marketing as key drivers of increased profitability.
Revolve Group reported a strong second quarter with net sales increasing by 3% year-over-year to $282.5 million and net income increasing by 111% year-over-year to $15.4 million. The company's performance was driven by improved marketing efficiency and logistics costs.
Revolve Group reported a 3% decrease in net sales to $270.6 million, but gross profit increased by 2% to $141.5 million. The gross margin improved to 52.3%. Net income decreased by 23% to $10.9 million, which included an insurance recovery of $2.8 million. Active customers increased by 5% to 2.551 million.
Revolve Group reported a slight decrease in net sales for Q4 2023, but achieved an improved gross margin and made progress in selling and distribution cost efficiencies. The company continued to invest in long-term growth initiatives, supported by its profitable and cash-generative business model.
Revolve Group reported a 4% decrease in net sales, a 6% decrease in gross profit, and a 73% decrease in net income compared to the same quarter last year. The company surpassed 2.5 million active customers, a 12% increase year-over-year. They also achieved a key 2023 objective of rebalancing their inventory.
Revolve Group's Q2 2023 net sales decreased by 6% year-over-year to $273.7 million, with a net income of $7.3 million, a 55% decrease year-over-year. The company faced challenges in aspirational consumer discretionary spending, particularly in the U.S.
Revolve Group's Q1 2023 net sales decreased by 1% year-over-year to $279.6 million. Despite macroeconomic challenges, the company made progress in rebalancing inventory and generated strong cash flow. Net income was $14.2 million, a 37% decrease year-over-year.
Revolve Group's Q4 2022 net sales increased by 8% year-over-year to $259.2 million, with active customers growing by 27% to 2.34 million. However, net income decreased by 73% to $7.9 million, and adjusted EBITDA decreased by 59% to $14.1 million.
Revolve Group, Inc. announced financial results for Q3 2022, reporting double-digit growth in net sales despite macroeconomic challenges. The company also saw meaningful growth in cash flow year-over-year and has a strong balance sheet.
Revolve Group, Inc. announced strong Q2 2022 financial results, featuring record net sales that increased 27% year-over-year and gross margin expansion. However, macroeconomic conditions and cost pressures impacted profitability, leading to a moderating growth trend in net sales in June.
Revolve Group reported an exceptional start to the year with a 58% year-over-year increase in net sales, record quarterly growth in active customers, and record levels of net income and operating cash flow for any first quarter.
Revolve Group reported exceptional Q4 2021 results with net sales growth of 70% year-over-year and a 63% increase compared to Q4 2019. The company achieved a record $29 million in net income for the quarter, a 55% increase year-over-year and a 250% increase compared to Q4 2019.
Revolve Group reported record quarterly net sales in Q3 2021, with a 62% increase year-over-year and a 58% increase compared to Q3 2019. The company saw increased customer engagement, including record quarterly growth in active customers. Net income was $16.7 million, a year-over-year decrease of 14% primarily attributable to increased investments in brand marketing initiatives.
Revolve Group, Inc. announced strong financial results for Q2 2021, marked by a 60% year-over-year increase in net sales and record net income, driven by new customer additions and reactivated customers.
Revolve Group reported record quarterly net sales of $178.9 million, a 22% year-over-year increase, and a record net income of $22.3 million. The company saw significant growth in March, driven by a return to social outing styles and continued strength in at-home products.
Revolve Group reported a decrease in net sales by 5% but a significant increase in net income by 126% and an increase in gross margin to 56.0% for the fourth quarter of 2020.
Revolve Group reported strong Q3 2020 results with record net income of $19 million and record Adjusted EBITDA of $24 million, which increased 66% year-over-year. The company's highest-ever gross margin for a third quarter was a key driver of increased profitability.
Revolve Group reported a decrease in net sales by 12% year-over-year, but achieved record EPS of $0.20 and record operating cash flow of $54 million. The company's REVOLVE segment inventory turned approximately 30% faster year-over-year, contributing to strong cash flow. Despite the decline in net sales, net income and Adjusted EBITDA increased year-over-year due to effective cost controls and operating efficiencies.