Revolve Group (RVLV) Financials

$18.36 -0.09 (-0.48%)

Closing price 05/19/2026 03:59 PM Eastern

Extended Trading

$18.57 +0.21 (+1.13%)

As of 05/19/2026 08:00 PM Eastern

Annual Income Statements for Revolve Group

This table shows Revolve Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	5.35	31	-5.15	57	100	59	28	50	62
Consolidated Net Income / (Loss)	5.00	31	36	57	100	59	28	49	61
Net Income / (Loss) Continuing Operations	5.00	31	36	57	100	59	28	49	61
Total Pre-Tax Income	19	41	47	60	105	77	38	64	82
Total Operating Income	21	42	48	61	105	73	22	51	74
Total Gross Profit	194	265	322	305	490	592	554	593	656
Total Revenue	400	499	601	581	891	1,101	1,069	1,130	1,226
Operating Revenue	400	499	601	581	891	1,101	1,069	1,130	1,226
Total Cost of Revenue	206	233	279	275	402	509	515	537	570
Operating Cost of Revenue	206	233	279	275	402	509	515	537	570
Total Operating Expenses	173	224	274	244	385	519	532	542	582
Selling, General & Admin Expense	108	136	165	151	223	306	324	337	367
Marketing Expense	55	74	89	76	140	182	172	167	175
Other Operating Expenses / (Income)	9.46	13	19	16	21	32	37	37	40
Total Other Income / (Expense), net	-1.43	-0.63	-0.93	-0.99	-0.56	3.48	16	13	8.04
Other Income / (Expense), net	-1.43	-0.63	-0.93	-0.99	-0.56	3.48	16	13	8.04
Income Tax Expense	14	11	12	3.28	4.89	18	9.61	16	21
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.35	-0.05	-	-	-	0.00	0.00	-0.79	-0.56
Basic Earnings per Share	$0.08	$0.47	($0.09)	$0.81	$1.38	$0.80	$0.39	$0.70	$0.87
Weighted Average Basic Shares Outstanding	41.94M	41.94M	7.72M	19.86M	72.51M	73.31M	72.96M	70.85M	71.30M
Diluted Earnings per Share	$0.08	$0.44	($0.09)	$0.79	$1.34	$0.79	$0.38	$0.69	$0.86
Weighted Average Diluted Shares Outstanding	44.04M	44.58M	7.72M	72.06M	74.55M	74.52M	73.58M	71.68M	72.09M
Weighted Average Basic & Diluted Shares Outstanding	-	-	69.35M	71.67M	73.26M	73.37M	70.79M	71.23M	71.43M

This table shows Revolve Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	3.18	3.49	11	15	11	12	12	10	21	19	14
Consolidated Net Income / (Loss)	3.18	3.49	11	15	11	12	11	10	21	19	14
Net Income / (Loss) Continuing Operations	3.18	3.49	11	15	11	12	11	10	21	19	14
Total Pre-Tax Income	4.31	4.88	15	21	14	15	16	15	28	23	18
Total Operating Income	0.32	2.20	9.33	16	14	11	15	18	21	21	16
Total Gross Profit	133	134	142	153	145	154	154	167	162	173	181
Total Revenue	258	258	271	282	283	294	297	309	296	324	343
Operating Revenue	258	258	271	282	283	294	297	309	296	324	343
Total Cost of Revenue	124	124	129	130	138	139	142	142	134	151	162
Operating Cost of Revenue	124	124	129	130	138	139	142	142	134	151	162
Total Operating Expenses	133	132	132	136	131	143	140	149	141	152	165
Selling, General & Admin Expense	84	81	81	84	82	90	88	92	90	96	100
Marketing Expense	40	42	41	43	40	43	42	47	40	45	54
Other Operating Expenses / (Income)	9.19	9.00	9.39	9.27	9.27	9.46	9.36	9.83	9.84	10	11
Total Other Income / (Expense), net	3.98	2.68	5.32	4.27	0.19	3.25	0.89	-2.91	7.31	2.75	2.81
Interest & Investment Income	-	-	-	-	-	-	0.00	-	-	-	0.14
Other Income / (Expense), net	3.98	2.68	5.32	4.27	0.19	3.25	0.89	-2.91	7.31	2.75	2.68
Income Tax Expense	1.13	1.38	3.78	5.33	3.69	2.88	4.18	5.08	7.12	4.78	4.71
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.00	0.00	-0.22	-	-0.41	-0.15	0.00	-	-0.59
Basic Earnings per Share	$0.04	$0.06	$0.15	$0.22	$0.16	$0.17	$0.17	$0.14	$0.30	$0.26	$0.20
Weighted Average Basic Shares Outstanding	73.26M	72.96M	70.92M	70.83M	70.67M	70.85M	71.26M	71.28M	71.30M	71.30M	71.46M
Diluted Earnings per Share	$0.04	$0.05	$0.15	$0.21	$0.15	$0.18	$0.16	$0.14	$0.29	$0.27	$0.20
Weighted Average Diluted Shares Outstanding	73.72M	73.58M	71.52M	71.54M	71.52M	71.68M	72.27M	71.90M	72.00M	72.09M	72.35M
Weighted Average Basic & Diluted Shares Outstanding	72.15M	70.79M	70.82M	70.63M	70.76M	71.23M	71.29M	71.30M	71.33M	71.43M	71.56M

This table details how cash moves in and out of Revolve Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-0.87	5.78	49	81	72	16	11	11	47
Net Cash From Operating Activities	16	27	46	74	62	23	43	27	59
Net Cash From Continuing Operating Activities	16	27	46	74	62	23	43	27	59
Net Income / (Loss) Continuing Operations	5.00	31	36	57	100	59	28	49	61
Consolidated Net Income / (Loss)	5.00	31	36	57	100	59	28	49	61
Depreciation Expense	2.85	2.87	3.95	4.83	4.51	4.79	5.09	5.17	6.39
Non-Cash Adjustments To Reconcile Net Income	6.72	12	7.99	-6.14	28	20	9.25	16	20
Changes in Operating Assets and Liabilities, net	1.91	-18	-1.55	18	-71	-60	0.85	-43	-28
Net Cash From Investing Activities	-2.26	-3.05	-12	-2.32	-2.20	-5.17	-4.20	-9.11	-15
Net Cash From Continuing Investing Activities	-2.26	-3.05	-12	-2.32	-2.20	-5.17	-4.20	-9.11	-15
Purchase of Property, Plant & Equipment	-2.26	-3.05	-12	-2.32	-2.20	-5.17	-4.20	-5.65	-11
Acquisitions	-	-	-	-	-	0.00	0.00	-0.43	-1.66
Other Investing Activities, net	-	-	-	-	-	0.00	0.00	-3.04	-1.81
Net Cash From Financing Activities	-15	-18	15	8.66	13	0.89	-30	-5.36	-1.39
Net Cash From Continuing Financing Activities	-15	-18	15	8.66	13	0.89	-30	-5.36	-1.39
Repurchase of Common Equity	0.00	-2.52	-43	-0.04	0.00	0.00	-31	-12	-2.02
Other Financing Activities, net	0.00	0.00	0.75	8.70	13	0.89	0.54	6.42	0.64
Effect of Exchange Rate Changes	0.00	-0.21	0.27	0.49	-0.44	-2.89	1.96	-1.06	3.46
Cash Interest Paid	0.67	0.09	0.00	0.34	0.00	0.00	0.00	0.00	0.00
Cash Income Taxes Paid	14	9.67	14	12	3.01	23	13	22	23

This table details how cash moves in and out of Revolve Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-2.43	-21	28	-29	8.10	3.76	44	9.89	4.71	-12	33
Net Cash From Operating Activities	12	-3.88	38	-25	9.05	3.92	45	13	12	-10	49
Net Cash From Continuing Operating Activities	12	-3.88	38	-25	9.05	3.92	45	13	12	-10	49
Net Income / (Loss) Continuing Operations	3.18	3.49	11	15	11	12	11	10	21	19	14
Consolidated Net Income / (Loss)	3.18	3.49	11	15	11	12	11	10	21	19	14
Depreciation Expense	1.29	1.34	1.34	1.28	1.29	1.25	1.37	1.79	1.56	1.67	1.91
Non-Cash Adjustments To Reconcile Net Income	7.02	-6.75	23	-12	6.23	-1.37	12	1.69	-1.63	8.34	7.67
Changes in Operating Assets and Liabilities, net	1.00	-1.97	3.00	-29	-9.22	-7.73	21	-0.87	-9.29	-39	26
Net Cash From Investing Activities	-0.99	-1.08	-1.74	-2.41	-2.88	-2.09	-2.34	-4.67	-5.19	-2.67	-15
Net Cash From Continuing Investing Activities	-0.99	-1.08	-1.74	-2.41	-2.88	-2.09	-2.34	-4.67	-5.19	-2.67	-15
Purchase of Property, Plant & Equipment	-0.99	-1.08	-1.74	-1.05	-1.04	-1.83	-1.78	-2.21	-4.32	-3.10	-4.95
Acquisitions	-	-	0.00	-	-	-	0.00	-1.66	-	-	-11
Other Investing Activities, net	-	-	0.00	-	-1.84	-0.26	-0.56	-0.81	-0.87	0.43	0.43
Net Cash From Financing Activities	-13	-18	-8.26	-1.79	-0.94	5.62	-0.53	-1.57	0.22	0.50	-0.54
Net Cash From Continuing Financing Activities	-13	-18	-8.26	-1.79	-0.94	5.62	-0.53	-1.57	0.22	0.50	-0.54
Repurchase of Common Equity	-13	-18	-8.12	-1.90	-1.86	0.10	0.00	-1.74	-0.28	-	0.00
Other Financing Activities, net	0.08	0.05	-0.15	0.11	0.92	5.53	-0.53	0.17	0.50	0.50	-0.54
Effect of Exchange Rate Changes	-1.41	1.79	-0.43	0.19	2.87	-3.70	1.96	3.50	-2.13	0.13	-0.75
Cash Income Taxes Paid	2.36	1.42	1.60	5.27	7.47	7.86	0.47	8.16	4.36	9.79	1.83

This table presents Revolve Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	162	232	306	480	579	609	666	765
Total Current Assets	139	199	277	440	518	529	561	647
Cash & Equivalents	16	65	146	218	235	245	257	292
Restricted Cash	-	-	-	-	-	-	0.00	11
Accounts Receivable	5.34	4.75	4.62	4.64	5.42	12	10	17
Inventories, net	102	104	95	171	215	204	229	252
Prepaid Expenses	15	24	20	42	60	66	64	74
Current Deferred & Refundable Income Taxes	0.00	0.76	11	3.38	2.97	1.63	1.20	1.72
Plant, Property, & Equipment, net	5.91	14	11	8.95	8.93	7.76	8.94	15
Total Noncurrent Assets	17	19	18	32	52	73	96	103
Goodwill	2.04	2.04	2.04	2.04	2.04	2.04	2.04	2.04
Intangible Assets	0.56	1.46	1.26	1.21	1.60	1.88	2.29	2.41
Noncurrent Deferred & Refundable Income Taxes	14	15	14	19	25	30	37	40
Other Noncurrent Operating Assets	0.73	0.64	0.50	9.31	24	39	54	58
Total Liabilities & Shareholders' Equity	162	232	306	480	579	609	666	765
Total Liabilities	82	102	106	163	200	224	228	252
Total Current Liabilities	82	102	106	160	181	190	196	231
Accounts Payable	20	30	39	54	51	48	45	56
Accrued Expenses	18	19	25	34	38	41	39	44
Customer Deposits	29	35	26	49	63	64	70	77
Current Deferred & Payable Income Tax Liabilities	0.92	0.47	0.20	0.00	0.23	0.00	0.00	1.36
Other Current Liabilities	14	17	16	23	28	37	43	51
Total Noncurrent Liabilities	0.00	0.00	0.00	3.18	19	34	32	22
Other Noncurrent Operating Liabilities	-	-	0.00	3.18	19	34	32	22
Total Equity & Noncontrolling Interests	80	131	200	317	380	385	438	513
Total Preferred & Common Equity	80	131	200	317	380	385	438	513
Total Common Equity	80	131	200	317	380	385	438	513
Common Stock	3.55	74	86	104	110	117	133	144
Retained Earnings	61	57	114	213	269	268	305	368
Noncontrolling Interest	-	-	-	-	-	0.00	-0.40	0.00

This table presents Revolve Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	587	627	629	629	650	658	671	714	723	751	821
Total Current Assets	527	547	551	554	569	572	585	601	614	638	688
Cash & Equivalents	244	283	269	267	273	245	253	301	311	315	336
Restricted Cash	-	-	-	-	-	-	-	-	-	-	0.00
Accounts Receivable	6.72	8.08	11	13	15	18	12	17	19	21	26
Inventories, net	213	190	205	203	202	234	240	214	221	239	245
Prepaid Expenses	59	65	59	64	79	75	77	68	62	63	79
Current Deferred & Refundable Income Taxes	4.13	0.98	6.10	7.56	0.00	0.63	4.06	1.12	1.15	0.00	1.95
Plant, Property, & Equipment, net	9.16	8.77	8.40	8.06	8.15	8.06	8.01	9.49	10	14	19
Total Noncurrent Assets	50	71	69	68	73	78	78	104	98	100	114
Goodwill	2.04	2.04	2.04	2.04	2.04	2.04	2.04	2.04	2.04	2.04	2.04
Intangible Assets	1.39	1.70	1.79	1.83	1.88	1.95	2.32	2.50	2.17	2.31	2.48
Noncurrent Deferred & Refundable Income Taxes	19	25	25	25	30	30	30	37	37	37	40
Other Noncurrent Operating Assets	28	43	1.24	1.24	39	44	44	62	57	58	70
Total Liabilities & Shareholders' Equity	587	627	629	629	650	658	671	714	723	751	821
Total Liabilities	219	231	223	233	260	252	250	261	254	261	293
Total Current Liabilities	199	192	186	197	226	216	216	226	227	236	271
Accounts Payable	53	49	46	44	56	63	60	57	56	62	71
Accrued Expenses	44	36	36	43	48	40	38	38	44	43	52
Customer Deposits	72	74	66	72	84	72	76	79	75	72	82
Current Deferred & Payable Income Tax Liabilities	0.44	2.60	1.14	1.44	1.25	1.27	0.67	2.64	0.00	2.35	4.64
Other Current Liabilities	29	31	36	37	36	39	41	49	51	57	61
Total Noncurrent Liabilities	20	39	37	36	34	36	34	35	28	25	23
Other Noncurrent Operating Liabilities	20	39	-	-	34	36	34	35	28	25	23
Total Equity & Noncontrolling Interests	367	396	406	397	390	406	421	453	469	490	528
Total Preferred & Common Equity	367	396	406	397	390	406	420	454	469	490	527
Total Common Equity	367	396	406	397	390	406	420	454	469	490	527
Common Stock	109	112	114	115	119	121	124	135	136	141	145
Retained Earnings	259	284	292	281	271	284	296	319	333	350	382
Noncontrolling Interest	-	-	-	-	-	-	0.53	-0.82	0.00	0.00	1.16

This table displays calculated financial ratios and metrics derived from Revolve Group's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	24.81%	20.50%	-3.39%	53.52%	23.56%	-2.97%	5.73%	8.48%
EBITDA Growth	0.00%	100.70%	16.09%	26.96%	68.32%	-25.48%	-47.36%	62.44%	27.41%
EBIT Growth	0.00%	115.64%	14.57%	27.36%	74.34%	-26.84%	-50.71%	70.67%	27.71%
NOPAT Growth	0.00%	478.77%	16.92%	58.72%	73.87%	-44.18%	-70.56%	135.84%	41.79%
Net Income Growth	0.00%	512.76%	16.41%	59.22%	75.81%	-41.21%	-52.05%	73.27%	25.37%
EPS Growth	0.00%	450.00%	-120.45%	977.78%	69.62%	-41.04%	-51.90%	81.58%	24.64%
Operating Cash Flow Growth	0.00%	61.75%	72.79%	60.18%	-15.53%	-62.39%	84.94%	-38.42%	122.52%
Free Cash Flow Firm Growth	0.00%	0.00%	206.59%	100.22%	-19.06%	-82.56%	122.26%	-111.93%	1,145.90%
Invested Capital Growth	0.00%	0.00%	2.99%	-17.28%	82.34%	46.97%	-3.56%	29.70%	15.54%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-1.16%	12.50%	1.79%	-0.13%	3.29%	2.56%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	9.27%	16.82%	-20.66%	-11.23%	16.15%	11.45%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	10.20%	17.76%	-21.79%	-12.69%	17.87%	11.80%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	23.55%	10.97%	-27.52%	-28.28%	24.45%	14.79%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	22.83%	11.66%	-26.82%	-13.45%	20.44%	12.47%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-2.47%	11.67%	-26.85%	-13.64%	23.21%	11.69%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	51.25%	-18.44%	-5.52%	-17.34%	19.72%	41.24%	-19.19%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-7.09%	-37.49%	214.35%	-109.07%	-34.50%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	73.21%	60.18%	17.52%	-15.44%	7.87%	19.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	48.47%	53.20%	53.57%	52.58%	54.95%	53.78%	51.86%	52.51%	53.50%
EBITDA Margin	5.49%	8.83%	8.51%	11.18%	12.25%	7.39%	4.01%	6.16%	7.24%
Operating Margin	5.14%	8.38%	8.00%	10.52%	11.81%	6.64%	2.07%	4.55%	6.06%
EBIT Margin	4.78%	8.25%	7.85%	10.35%	11.75%	6.96%	3.53%	5.70%	6.71%
Profit (Net Income) Margin	1.25%	6.14%	5.93%	9.78%	11.20%	5.33%	2.63%	4.32%	4.99%
Tax Burden Percent	26.19%	74.42%	75.62%	94.54%	95.33%	76.61%	74.54%	75.68%	74.29%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	73.81%	25.58%	24.38%	5.46%	4.67%	23.39%	25.46%	24.32%	25.71%
Return on Invested Capital (ROIC)	0.00%	98.06%	56.48%	96.70%	131.55%	46.04%	11.60%	24.25%	28.26%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	103.79%	58.20%	97.59%	131.84%	44.87%	6.75%	20.32%	26.12%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-21.29%	-22.60%	-62.37%	-92.93%	-29.19%	-4.24%	-12.40%	-15.39%
Return on Equity (ROE)	0.00%	76.77%	33.87%	34.33%	38.62%	16.85%	7.36%	11.85%	12.87%
Cash Return on Invested Capital (CROIC)	0.00%	-101.94%	53.53%	115.62%	73.22%	8.01%	15.22%	-1.61%	13.84%
Operating Return on Assets (OROA)	0.00%	25.40%	23.92%	22.33%	26.64%	14.46%	6.36%	10.11%	11.51%
Return on Assets (ROA)	0.00%	18.90%	18.09%	21.11%	25.40%	11.08%	4.74%	7.65%	8.55%
Return on Common Equity (ROCE)	0.00%	76.77%	33.87%	34.33%	38.62%	16.85%	7.36%	11.86%	12.87%
Return on Equity Simple (ROE_SIMPLE)	0.00%	38.38%	27.28%	28.39%	31.49%	15.46%	7.31%	11.13%	0.00%
Net Operating Profit after Tax (NOPAT)	5.37	31	36	58	100	56	16	39	55
NOPAT Margin	1.35%	6.24%	6.05%	9.94%	11.26%	5.09%	1.54%	3.44%	4.50%
Net Nonoperating Expense Percent (NNEP)	0.00%	-5.74%	-1.72%	-0.89%	-0.29%	1.18%	4.85%	3.93%	2.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	14.76%	4.28%	8.89%	10.76%
Cost of Revenue to Revenue	51.53%	46.80%	46.43%	47.42%	45.05%	46.22%	48.14%	47.49%	46.50%
SG&A Expenses to Revenue	27.09%	27.23%	27.50%	26.07%	25.00%	27.76%	30.28%	29.85%	29.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	43.34%	44.81%	45.57%	42.06%	43.14%	47.14%	49.79%	47.96%	47.44%
Earnings before Interest and Taxes (EBIT)	19	41	47	60	105	77	38	64	82
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	22	44	51	65	109	81	43	70	89
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	2.65	9.67	10.94	12.89	4.30	3.11	5.41	4.20
Price to Tangible Book Value (P/TBV)	0.00	2.74	9.94	11.12	13.02	4.34	3.14	5.46	4.24
Price to Revenue (P/Rev)	0.53	0.42	2.10	3.77	4.58	1.48	1.12	2.10	1.76
Price to Earnings (P/E)	39.60	6.90	0.00	38.54	40.92	27.81	42.50	47.82	34.90
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.53%	14.49%	0.00%	2.59%	2.44%	3.60%	2.35%	2.09%	2.87%
Enterprise Value to Invested Capital (EV/IC)	0.00	3.08	18.35	37.79	39.23	9.65	6.81	11.66	8.84
Enterprise Value to Revenue (EV/Rev)	0.00	0.39	2.00	3.52	4.34	1.27	0.89	1.87	1.51
Enterprise Value to EBITDA (EV/EBITDA)	0.00	4.44	23.46	31.47	35.40	17.17	22.19	30.35	20.86
Enterprise Value to EBIT (EV/EBIT)	0.00	4.75	25.42	34.00	36.92	18.24	25.18	32.78	22.48
Enterprise Value to NOPAT (EV/NOPAT)	0.00	6.28	32.97	35.38	38.52	24.94	57.63	54.30	33.54
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	7.33	26.03	27.69	62.06	59.64	21.94	79.15	31.15
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	34.78	29.59	69.21	143.45	43.91	0.00	68.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-0.21	-0.39	-0.64	-0.70	-0.65	-0.63	-0.61	-0.59
Leverage Ratio	0.00	2.03	1.87	1.63	1.52	1.52	1.55	1.55	1.51
Compound Leverage Factor	0.00	2.03	1.87	1.63	1.52	1.52	1.55	1.55	1.51
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.09%	0.00%
Common Equity to Total Capital	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.09%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	6.41	11.58	16.17	18.90	8.59	6.45	9.56	8.40
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.05%	-0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.69	1.96	2.62	2.75	2.86	2.79	2.86	2.81
Quick Ratio	0.00	0.26	0.69	1.43	1.39	1.33	1.36	1.36	1.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-32	34	69	56	9.74	22	-2.58	27
Operating Cash Flow to CapEx	728.51%	875.37%	369.79%	3,174.40%	2,838.86%	453.57%	1,032.44%	472.51%	520.79%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	3.08	3.05	2.16	2.27	2.08	1.80	1.77	1.71
Accounts Receivable Turnover	0.00	93.45	119.15	123.91	192.52	218.97	119.91	99.36	91.13
Inventory Turnover	0.00	2.28	2.70	2.76	3.01	2.63	2.46	2.48	2.37
Fixed Asset Turnover	0.00	84.43	61.88	46.96	88.44	123.20	128.01	135.32	100.85
Accounts Payable Turnover	0.00	11.55	11.15	7.96	8.57	9.68	10.44	11.55	11.23
Days Sales Outstanding (DSO)	0.00	3.91	3.06	2.95	1.90	1.67	3.04	3.67	4.01
Days Inventory Outstanding (DIO)	0.00	159.83	135.04	132.24	121.13	138.55	148.55	147.20	154.06
Days Payable Outstanding (DPO)	0.00	31.61	32.72	45.83	42.58	37.69	34.98	31.60	32.51
Cash Conversion Cycle (CCC)	0.00	132.12	105.38	89.35	80.45	102.53	116.62	119.27	125.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	63	65	54	99	145	140	181	209
Invested Capital Turnover	0.00	15.72	9.33	9.73	11.68	9.05	7.51	7.04	6.28
Increase / (Decrease) in Invested Capital	0.00	63	1.90	-11	45	46	-5.16	41	28
Enterprise Value (EV)	0.00	195	1,199	2,043	3,867	1,398	951	2,113	1,850
Market Capitalization	212	212	1,264	2,189	4,085	1,632	1,196	2,370	2,154
Book Value per Share	$0.00	$1.90	$1.90	$2.85	$4.35	$5.18	$5.34	$6.19	$7.19
Tangible Book Value per Share	$0.00	$1.84	$1.85	$2.80	$4.30	$5.13	$5.28	$6.13	$7.12
Total Capital	0.00	80	131	200	317	380	385	438	513
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	-16	-65	-146	-218	-235	-245	-257	-303
Capital Expenditures (CapEx)	2.26	3.05	12	2.32	2.20	5.17	4.20	5.65	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	41	32	25	61	102	94	108	113
Debt-free Net Working Capital (DFNWC)	0.00	57	98	171	280	337	339	365	416
Net Working Capital (NWC)	0.00	57	98	171	280	337	339	365	416
Net Nonoperating Expense (NNE)	0.37	0.47	0.70	0.94	0.54	-2.66	-12	-9.86	-5.97
Net Nonoperating Obligations (NNO)	0.00	-16	-65	-146	-218	-235	-245	-257	-303
Total Depreciation and Amortization (D&A)	2.85	2.87	3.95	4.83	4.51	4.79	5.09	5.17	6.39
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	8.13%	5.39%	4.34%	6.86%	9.30%	8.75%	9.59%	9.24%
Debt-free Net Working Capital to Revenue	0.00%	11.41%	16.28%	29.49%	31.37%	30.61%	31.72%	32.30%	33.98%
Net Working Capital to Revenue	0.00%	11.41%	16.28%	29.49%	31.37%	30.61%	31.72%	32.30%	33.98%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.09)	$0.81	$1.38	$0.80	$0.39	$0.70	$0.87
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	57.29M	69.77M	72.51M	73.31M	72.96M	70.85M	71.30M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.09)	$0.79	$1.34	$0.79	$0.38	$0.69	$0.86
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	57.29M	72.06M	74.55M	74.52M	73.58M	71.68M	72.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	69.35M	71.67M	73.26M	73.37M	70.79M	71.23M	71.43M
Normalized Net Operating Profit after Tax (NOPAT)	14	31	36	58	100	56	16	39	55
Normalized NOPAT Margin	3.60%	6.24%	6.05%	9.94%	11.26%	5.09%	1.54%	3.44%	4.50%
Pre Tax Income Margin	4.78%	8.25%	7.85%	10.35%	11.75%	6.96%	3.53%	5.70%	6.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	8.23%	119.58%	0.07%	0.00%	0.00%	109.83%	24.15%	3.31%

This table displays calculated financial ratios and metrics derived from Revolve Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	71,429,864.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	71,429,864.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.20
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.13%	-0.53%	-3.23%	3.19%	9.92%	13.95%	9.66%	9.39%	4.41%	10.43%	15.56%
EBITDA Growth	-67.82%	-46.57%	-20.28%	100.31%	180.97%	155.63%	5.99%	-23.21%	89.72%	57.31%	19.41%
EBIT Growth	-73.39%	-52.96%	-22.25%	112.67%	235.31%	200.39%	6.36%	-27.12%	95.92%	59.29%	17.65%
NOPAT Growth	-97.81%	-80.52%	-24.90%	121.23%	4,338.28%	481.42%	55.30%	-2.14%	48.08%	78.61%	8.47%
Net Income Growth	-73.49%	-55.59%	-23.28%	110.56%	238.29%	236.86%	4.90%	-34.90%	97.00%	57.60%	20.62%
EPS Growth	-75.00%	-54.55%	-21.05%	110.00%	275.00%	260.00%	6.67%	-33.33%	93.33%	50.00%	25.00%
Operating Cash Flow Growth	24.79%	64.81%	-21.38%	-74.99%	-27.50%	201.08%	17.59%	151.16%	30.56%	-360.01%	9.47%
Free Cash Flow Firm Growth	17.90%	117.63%	109.18%	150.39%	118.78%	-580.16%	-923.55%	-40.42%	13.62%	63.54%	-11.38%
Invested Capital Growth	34.03%	-3.56%	3.42%	-7.54%	1.68%	29.70%	30.97%	-1.95%	4.05%	15.54%	26.13%
Revenue Q/Q Growth	-5.89%	0.07%	4.97%	4.39%	0.24%	3.74%	1.01%	4.13%	-4.32%	9.72%	5.71%
EBITDA Q/Q Growth	-48.98%	11.02%	157.19%	37.49%	-28.43%	1.00%	6.64%	-0.39%	76.84%	-16.25%	-19.06%
EBIT Q/Q Growth	-55.75%	13.18%	200.43%	41.35%	-30.24%	1.40%	6.38%	-3.15%	87.55%	-17.56%	-21.43%
NOPAT Q/Q Growth	-95.67%	559.27%	339.39%	76.28%	-13.09%	-13.64%	17.36%	11.08%	31.52%	4.17%	-28.73%
Net Income Q/Q Growth	-56.48%	9.94%	211.19%	41.42%	-30.08%	9.48%	-3.09%	-12.23%	111.56%	-12.41%	-25.83%
EPS Q/Q Growth	-60.00%	25.00%	200.00%	40.00%	-28.57%	20.00%	-11.11%	-12.50%	107.14%	-6.90%	-25.93%
Operating Cash Flow Q/Q Growth	188.57%	-131.04%	1,090.48%	-164.26%	136.69%	-56.72%	1,052.25%	-72.05%	-6.36%	-186.20%	585.13%
Free Cash Flow Firm Q/Q Growth	17.03%	116.15%	-54.34%	723.76%	-69.08%	-512.82%	21.69%	159.60%	-41.03%	-232.46%	-139.26%
Invested Capital Q/Q Growth	-5.14%	-15.44%	-16.63%	38.25%	4.32%	7.87%	-15.81%	3.49%	10.71%	19.77%	-8.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	51.72%	52.00%	52.30%	54.03%	51.16%	52.53%	52.00%	54.07%	54.63%	53.31%	52.68%
EBITDA Margin	2.17%	2.41%	5.91%	7.78%	5.56%	5.41%	5.71%	5.46%	10.10%	7.71%	5.90%
Operating Margin	0.13%	0.85%	3.45%	5.82%	5.03%	3.88%	4.95%	5.83%	7.10%	6.34%	4.57%
EBIT Margin	1.67%	1.89%	5.41%	7.33%	5.10%	4.99%	5.25%	4.88%	9.57%	7.19%	5.35%
Profit (Net Income) Margin	1.23%	1.36%	4.02%	5.44%	3.80%	4.01%	3.84%	3.24%	7.16%	5.72%	4.01%
Tax Burden Percent	73.77%	71.66%	74.22%	74.26%	74.43%	80.36%	73.20%	66.34%	74.83%	79.51%	74.50%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.74%
Effective Tax Rate	26.23%	28.34%	25.78%	25.74%	25.57%	19.64%	26.80%	33.66%	25.17%	20.49%	25.50%
Return on Invested Capital (ROIC)	0.69%	4.59%	23.67%	27.55%	24.60%	21.97%	31.15%	28.67%	37.05%	31.67%	25.08%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.55%	3.79%	22.25%	26.22%	24.54%	20.93%	30.92%	29.37%	35.13%	30.89%	24.43%
Return on Net Nonoperating Assets (RNNOA)	0.34%	-2.38%	-15.77%	-15.39%	-14.54%	-12.77%	-21.06%	-18.66%	-21.91%	-18.19%	-15.84%
Return on Equity (ROE)	1.03%	2.21%	7.91%	12.16%	10.06%	9.20%	10.09%	10.01%	15.14%	13.47%	9.24%
Cash Return on Invested Capital (CROIC)	-13.13%	15.22%	9.05%	20.31%	17.10%	-1.61%	5.01%	28.88%	24.07%	13.84%	9.40%
Operating Return on Assets (OROA)	2.94%	3.40%	8.98%	12.17%	8.58%	8.84%	8.90%	8.37%	16.09%	12.33%	8.86%
Return on Assets (ROA)	2.17%	2.44%	6.67%	9.04%	6.39%	7.11%	6.52%	5.55%	12.04%	9.80%	6.65%
Return on Common Equity (ROCE)	1.03%	2.21%	7.91%	12.16%	10.06%	9.20%	10.10%	10.01%	15.13%	13.48%	9.24%
Return on Equity Simple (ROE_SIMPLE)	8.20%	0.00%	6.37%	8.11%	9.64%	0.00%	10.86%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	0.24	1.58	6.92	12	11	9.16	11	12	16	16	12
NOPAT Margin	0.09%	0.61%	2.56%	4.32%	3.75%	3.12%	3.62%	3.87%	5.31%	5.04%	3.40%
Net Nonoperating Expense Percent (NNEP)	1.24%	0.80%	1.42%	1.33%	0.06%	1.04%	0.23%	-0.70%	1.93%	0.78%	0.66%
Return On Investment Capital (ROIC_SIMPLE)	-	0.41%	1.78%	-	-	2.09%	2.37%	2.55%	3.20%	3.19%	2.21%
Cost of Revenue to Revenue	48.28%	48.00%	47.70%	45.97%	48.84%	47.47%	48.00%	45.93%	45.37%	46.69%	47.32%
SG&A Expenses to Revenue	32.66%	31.23%	30.08%	29.72%	28.90%	30.68%	29.60%	29.82%	30.53%	29.72%	29.15%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	51.59%	51.15%	48.85%	48.21%	46.13%	48.65%	47.05%	48.24%	47.53%	46.96%	48.11%
Earnings before Interest and Taxes (EBIT)	4.31	4.88	15	21	14	15	16	15	28	23	18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.60	6.22	16	22	16	16	17	17	30	25	20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.52	3.11	3.92	2.78	4.16	5.41	3.37	3.05	3.10	4.20	3.06
Price to Tangible Book Value (P/TBV)	2.55	3.14	3.96	2.80	4.21	5.46	3.40	3.08	3.13	4.24	3.09
Price to Revenue (P/Rev)	0.93	1.12	1.44	1.05	1.60	2.10	1.32	1.21	1.27	1.76	1.27
Price to Earnings (P/E)	30.75	42.50	61.47	34.22	42.99	47.82	30.31	31.56	27.36	34.90	25.14
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.25%	2.35%	1.63%	2.92%	2.33%	2.09%	3.30%	3.17%	3.65%	2.87%	3.98%
Enterprise Value to Invested Capital (EV/IC)	4.65	6.81	10.77	5.48	8.92	11.66	8.06	7.09	6.88	8.84	6.65
Enterprise Value to Revenue (EV/Rev)	0.72	0.89	1.18	0.83	1.37	1.87	1.06	0.95	1.01	1.51	1.01
Enterprise Value to EBITDA (EV/EBITDA)	15.92	22.19	32.33	17.71	24.99	30.35	17.42	17.09	15.12	20.86	13.92
Enterprise Value to EBIT (EV/EBIT)	17.77	25.18	37.36	19.80	27.39	32.78	18.80	18.72	16.34	22.48	15.05
Enterprise Value to NOPAT (EV/NOPAT)	33.42	57.63	88.21	42.18	47.91	54.30	28.71	26.08	25.03	33.54	22.83
Enterprise Value to Operating Cash Flow (EV/OCF)	21.23	21.94	38.11	39.49	79.26	79.15	36.75	15.81	16.37	31.15	20.11
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	43.91	120.96	25.92	52.57	0.00	182.25	24.30	29.17	68.48	78.99
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.62	-0.63	-0.71	-0.59	-0.59	-0.61	-0.68	-0.64	-0.62	-0.59	-0.65
Leverage Ratio	1.59	1.55	1.63	1.59	1.59	1.55	1.62	1.58	1.56	1.51	1.56
Compound Leverage Factor	1.59	1.55	1.63	1.59	1.59	1.55	1.62	1.58	1.56	1.51	1.58
Debt to Total Capital	8.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	8.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.12%	-0.09%	-0.18%	0.00%	0.00%	0.00%	0.22%
Common Equity to Total Capital	91.77%	100.00%	100.00%	100.00%	99.88%	100.09%	100.18%	100.00%	100.00%	100.00%	99.78%
Debt to EBITDA	0.74	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-4.79	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.74	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	1.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-10.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	1.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	5.60	6.27	6.44	5.67	7.18	9.31	6.47	6.36	6.50	8.15	6.19
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.06%	-0.05%	-0.10%	0.00%	0.06%	-0.04%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.80	2.79	2.51	2.65	2.71	2.86	2.66	2.71	2.70	2.81	2.54
Quick Ratio	1.42	1.36	1.27	1.22	1.22	1.36	1.41	1.46	1.43	1.34	1.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-42	6.73	3.07	25	7.83	-32	-25	15	8.90	-12	-28
Operating Cash Flow to CapEx	1,256.14%	-357.56%	2,212.74%	-2,356.16%	872.90%	214.10%	2,537.66%	571.82%	273.56%	-328.72%	997.78%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.76	1.80	1.66	1.66	1.68	1.77	1.70	1.71	1.68	1.71	1.66
Accounts Receivable Turnover	110.70	119.91	92.11	74.33	90.63	99.36	72.82	64.09	73.24	91.13	58.78
Inventory Turnover	2.48	2.46	2.57	2.31	2.35	2.48	2.65	2.47	2.33	2.37	2.57
Fixed Asset Turnover	124.29	128.01	125.27	129.82	136.17	135.32	131.06	128.11	110.74	100.85	89.58
Accounts Payable Turnover	10.58	10.44	9.58	9.32	9.94	11.55	9.70	9.45	9.12	11.23	9.19
Days Sales Outstanding (DSO)	3.30	3.04	3.96	4.91	4.03	3.67	5.01	5.69	4.98	4.01	6.21
Days Inventory Outstanding (DIO)	147.02	148.55	142.16	158.24	155.17	147.20	137.88	147.85	156.66	154.06	141.97
Days Payable Outstanding (DPO)	34.50	34.98	38.12	39.17	36.74	31.60	37.61	38.64	40.03	32.51	39.73
Cash Conversion Cycle (CCC)	115.82	116.62	108.01	123.98	122.46	119.27	105.28	114.91	121.60	125.56	108.45
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	165	140	116	161	168	181	153	158	175	209	192
Invested Capital Turnover	7.42	7.51	9.25	6.38	6.57	7.04	8.59	7.42	6.97	6.28	7.37
Increase / (Decrease) in Invested Capital	42	-5.16	3.85	-13	2.78	41	36	-3.15	6.81	28	40
Enterprise Value (EV)	769	951	1,254	882	1,498	2,113	1,229	1,119	1,203	1,850	1,280
Market Capitalization	1,000	1,196	1,527	1,127	1,750	2,370	1,531	1,429	1,519	2,154	1,615
Book Value per Share	$5.40	$5.34	$5.50	$5.73	$5.95	$6.19	$6.38	$6.57	$6.88	$7.19	$7.38
Tangible Book Value per Share	$5.34	$5.28	$5.44	$5.67	$5.89	$6.13	$6.31	$6.51	$6.81	$7.12	$7.32
Total Capital	432	385	390	406	421	438	453	469	490	513	528
Total Debt	36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-231	-245	-273	-245	-253	-257	-301	-311	-315	-303	-336
Capital Expenditures (CapEx)	0.99	1.08	1.74	1.05	1.04	1.83	1.78	2.21	4.32	3.10	4.95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	89	94	69	112	116	108	74	77	87	113	82
Debt-free Net Working Capital (DFNWC)	356	339	342	357	369	365	375	387	402	416	418
Net Working Capital (NWC)	356	339	342	357	369	365	375	387	402	416	418
Net Nonoperating Expense (NNE)	-2.94	-1.92	-3.95	-3.17	-0.14	-2.61	-0.65	1.93	-5.47	-2.19	-2.09
Net Nonoperating Obligations (NNO)	-231	-245	-273	-245	-253	-257	-301	-311	-315	-303	-336
Total Depreciation and Amortization (D&A)	1.29	1.34	1.34	1.28	1.29	1.25	1.37	1.79	1.56	1.67	1.91
Debt-free, Cash-free Net Working Capital to Revenue	8.34%	8.75%	6.51%	10.47%	10.62%	9.59%	6.40%	6.49%	7.26%	9.24%	6.43%
Debt-free Net Working Capital to Revenue	33.28%	31.72%	32.31%	33.38%	33.73%	32.30%	32.42%	32.76%	33.65%	33.98%	32.84%
Net Working Capital to Revenue	33.28%	31.72%	32.31%	33.38%	33.73%	32.30%	32.42%	32.76%	33.65%	33.98%	32.84%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	$0.06	$0.15	$0.22	$0.16	$0.17	$0.17	$0.14	$0.30	$0.26	$0.20
Adjusted Weighted Average Basic Shares Outstanding	73.26M	72.96M	70.92M	70.83M	70.67M	70.85M	71.26M	71.28M	71.30M	71.30M	71.46M
Adjusted Diluted Earnings per Share	$0.04	$0.05	$0.15	$0.21	$0.15	$0.18	$0.16	$0.14	$0.29	$0.27	$0.20
Adjusted Weighted Average Diluted Shares Outstanding	73.72M	73.58M	71.52M	71.54M	71.52M	71.68M	72.27M	71.90M	72.00M	72.09M	72.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	72.15M	70.79M	70.82M	70.63M	70.76M	71.23M	71.29M	71.30M	71.33M	71.43M	71.56M
Normalized Net Operating Profit after Tax (NOPAT)	0.24	1.58	6.92	12	11	9.16	11	12	16	16	12
Normalized NOPAT Margin	0.09%	0.61%	2.56%	4.32%	3.75%	3.12%	3.62%	3.87%	5.31%	5.04%	3.40%
Pre Tax Income Margin	1.67%	1.89%	5.41%	7.33%	5.10%	4.99%	5.25%	4.88%	9.57%	7.19%	5.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	38.70%	109.83%	157.08%	124.33%	74.59%	24.15%	7.42%	7.97%	3.54%	3.31%	3.19%

Financials Breakdown Chart

Key Financial Trends

Here’s a concise, four-year look at Revolve Group (NYSE: RVLV) using the quarterly cash flow, income statement, and balance sheet data provided. The trend shows growing revenue and stable gross margins, with positive quarterly profitability and improving cash flow through most of 2025, but with some seasonality and a notable cash-outflow in Q4 2025 driven by working capital changes.

Revenue growth: In Q4 2025, operating revenue reached $324.4 million, up from $293.7 million in Q4 2024, signaling a solid year-over-year expansion as the business scales.
Stable gross margins: Total Gross Profit remained in the mid- to upper-50% range across recent quarters (e.g., ~53% in Q4 2025 and ~55% in earlier 2025 quarters), indicating consistent profitability on core sales.
Consistent quarterly net income: Net income attributable to common shareholders was positive in each of the 2025 quarters (e.g., Q4 2025: $18.55M; Q3 2025: $21.18M; Q2 2025: $10.18M; Q1 2025: $11.87M), demonstrating ongoing profitability at the bottom line.
Operating cash flow generally positive in 2025: Q1–Q3 2025 showed positive net cash from continuing operating activities (Q1: $45.1M; Q2: $12.6M; Q3: $11.8M), highlighting improving and/or consistent cash generation from core operations before seasonal working-capital effects.
Capital expenditure modest and rising gradually: Property, plant, and equipment net (PPE) increased over 2024–2025, reflecting ongoing investments in infrastructure and inventory readiness (examples show PPE around $9–14M per quarter across 2024–2025).
Shareholder capital actions visible: A small yet clear repurchase activity occurred in Q3 2025 (Repurchase of Common Equity), signaling management’s willingness to return capital when appropriate.
Balance sheet liquidity appears solid: Total assets trend higher (roughly $713.9M in early 2025 rising toward $751.3M by Q3 2025) with no obvious long-term debt pressure in these quarters, supporting ongoing liquidity for operations and growth.
Inventory levels elevated but manageable: Inventories remain a substantial asset (roughly the $210–240M range in 2024–2025), consistent with an omnichannel fashion retailer. This supports near-term sales but creates working-capital sensitivity.
Seasonal and working-capital sensitivity noted: Q4 2025 cash flow from operating activities turned negative and net working-capital changes were large (-$38.8M in Changes in Operating Assets and Liabilities), indicating seasonal cash use and potential liquidity considerations if this pattern repeats.
Q4 2025 operating cash outflow: Net cash from continuing operating activities was negative in Q4 2025 (-$10.19M), driven by substantial working-capital outflows, which could pressure liquidity during peak season if not offset by stronger forward cash generation.

05/20/26 02:27 AM ETAI Generated. May Contain Errors.

Revolve Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Revolve Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Revolve Group's net income appears to be on an upward trend, with a most recent value of $61.15 million in 2025, rising from $5 million in 2017. The previous period was $48.77 million in 2024. Find out what analysts predict for Revolve Group in the coming months.

Revolve Group's total operating income in 2025 was $74.26 million, based on the following breakdown:

Total Gross Profit: $655.78 million
Total Operating Expenses: $581.52 million

Over the last 8 years, Revolve Group's total revenue changed from $399.60 million in 2017 to $1.23 billion in 2025, a change of 206.7%.

Revolve Group's total liabilities were at $252.47 million at the end of 2025, a 10.8% increase from 2024, and a 206.9% increase since 2018.

In the past 7 years, Revolve Group's cash and equivalents has ranged from $16.37 million in 2018 to $292.26 million in 2025, and is currently $292.26 million as of their latest financial filing in 2025.

Over the last 8 years, Revolve Group's book value per share changed from 0.00 in 2017 to 7.19 in 2025, a change of 718.5%.

Related Companies

Financial statements for NYSE:RVLV last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Revolve Group (RVLV) Financials

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Revolve Group (RVLV) Financials

Annual Income Statements for Revolve Group

Quarterly Income Statements for Revolve Group

Annual Cash Flow Statements for Revolve Group

Quarterly Cash Flow Statements for Revolve Group

Annual Balance Sheets for Revolve Group

Quarterly Balance Sheets for Revolve Group

Annual Metrics And Ratios for Revolve Group

Quarterly Metrics And Ratios for Revolve Group

Financials Breakdown Chart

Key Financial Trends

Revolve Group Financials - Frequently Asked Questions

When does Revolve Group's fiscal year end?

How has Revolve Group's net income changed over the last 8 years?

What is Revolve Group's operating income?

How has Revolve Group's revenue changed over the last 8 years?

How much debt does Revolve Group have?

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How has Revolve Group's book value per share changed over the last 8 years?

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