undamentalytics Newsletter
Sign in

Revolve Group, Inc. (RVLV) stock

Add to watchlist

Add holding +

NYSE: RVLV NYSE Broadline Retail Next results ~November 3, 2026

C+ Fundamentals grade

Revolve Group, Inc. is a US-listed company in the broadline retail industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$14

Cash-flow model

Base case. Range ~$12–$18 across our lower- and higher-growth cases (3.7%–13.7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 34% below it.

Price used: $22.00, November 2, 2026

Revolve Group, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 66 sales by directors and officers, last 12 monthsInsider trades
  • Funds116 adding, 93 cuttingOf 52 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Revolve Group files

Where Revolve stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.31bn, up 10.8% on a year earlier, faster than the 10.0% growth a quarter earlier. Free-cash-flow margin fell to 2.1% from 5.4% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $14.26 a share, against a share price of $22.08. At that price, our model says the market is pricing in about 19.1% a year of cash-flow growth for five years, faster than the 8.0% a year revenue growth it has delivered.

Source: 10-Q filed August 4, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Revolve Group, Inc.'s trailing-twelve-month revenue grew 10.8% year on year, with a free-cash-flow margin of 2.1%.

Our discounted-cash-flow model values the business at ~$14 per share in the base case (~$12–$18 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 56.8% while net income grew 60.4%: a 117pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.3bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.9% over 90 days.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Priced above our value. The share price of $22.00 is 34% above our value per share of $14.
  • Volatile shares. Over the past year the shares showed annualised volatility of 49% and a beta of 1.1 against the S&P 500.
  • Insiders selling. 4 insiders sold $77M of stock over the past 365 days and none bought (100% under pre-set trading plans).
  • Weak cash conversion. Free cash flow was 38% of net income over the last 12 months.
  • Heavily shorted. 13.0% of the shares available to trade are sold short (5.1 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 4, 2026
Earnings per share
$0.26 against an average estimate of $0.22: beat by 17.6%
Revenue
$347m, up 12.4% on a year earlier
Share reaction
-2.8% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 3, 2026; average EPS estimate $0.23

Revolve Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.9%
  • 1 week-0.0%
  • 1 month+6.0%
  • This year-27.1%
  • 1 year-0.5%
  • 5 years-71.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.3B
Operating margin
6.1%
Net margin
5.5%
EPS (TTM, diluted)
$1.01

Growth

Revenue growth
+10.8%
Change in growth rate
+0.8 pts
Share count change
+0.2%

Cash

Free cash flow (TTM)
$27.6M
FCF margin
2.1%
Stock pay % of revenue
0.8%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Leadership
  4. Results
  5. Partnership
  6. Announcement
  7. Announcement
  8. Announcement
  9. Results
  10. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Revolve Group, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 19.0% a year of cash-flow growth for five years.That is faster than the 8.0% a year revenue growth Revolve Group has delivered.

  • Priced in19.0%
  • Last 12 months10.8%
  • 3 years a year6.6%
  • 5 years a year8.0%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($21.88, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$14
Price used
$21.88close November 3, 2026
Implied change
▼ 34%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Revolve Group, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($29.4M, FY2026 Q2 TTM), growing 10.3% and 8.8% in the next two years (forecasts, guidance and its record), then back to 8.7% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$12–~$18 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Revolve Group, Inc.'s free cash flow after stock-based pay ( $29.4M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Revolve Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.14 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$14 ~$12–$18 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$21 ~$19–$25 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$13 ~$8.6–$18 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$12 ~$10–$14 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$15 ~$12–$21 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Revolve Group, Inc. with Broadline Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −17%
  • Revenue growth 5 points higher ▲ +23%
  • Free-cash-flow margin 1 point lower ▼ −34%
  • Last year's free-cash-flow margin change, if it persists ▼ −53%
  • Discount rate 1 point higher ▼ −11%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $10$12$15$19$24$30
8.5% $9$10$12$15$18$23
10% $8$9$11$13$15$19

Valuation multiples over time Market data may be delayed

At fiscal year end 2019202020212022202320242025Now
Share price$18.36$31.17$56.04$22.26$16.58$33.49$30.19$22.00
Market value$142m$2.2bn$4.2bn$1.7bn$1.2bn$2.4bn$2.2bn$1.6bn
+ Net debt (− = net cash)−$65m−$146m−$218m−$235m−$245m−$257m−$292m−$312m
Enterprise value$76m$2.1bn$4.0bn$1.4bn$975m$2.1bn$1.9bn$1.3bn
Multiples
Price / sales 0.2x3.9x4.7x1.5x1.1x2.1x1.8x1.2x
Price / earnings 4.0x39.6x41.8x28.3x43.3x48.4x35.3x21.8x
Price / free cash flow 4.2x31.4x69.5x90.8x31.2x114.1x45.3x57.4x
EV / EBITDA 1.5x31.9x36.1x18.3x35.8x38.4x23.9x15.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

66 /100

Moderate moat

How hard Revolve Group's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 18 / 20

    Net income has been a median 11.0% of total assets over 8 years.

  • Pricing power 18 / 20

    Gross margin has been a median 53.1%, moving by 1.3 percentage points (standard deviation) across 8 years.

  • Durability 6 / 20

    Operating margin has been a median 6.9%; its worst year was 2.6%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 7 of 7 years, at a median 2.7% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 1.6% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (71 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $345m and EPS of $0.23 (range $0.19 to $0.27) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.91 +4% $1.4bn +14%
Next $1.14 +25% $1.5bn +9%

Next year's EPS estimate has moved +5.9% in 90 days, across 8 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.22 $0.26 +17.6%
Mar 2026 $0.20 $0.20 +1.7%
Dec 2025 $0.18 $0.26 +48.0%
Sept 2025 $0.13 $0.30 +137.3%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Revolve Group, Inc.'s revenue by +10.3% next year and +8.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+11.1%, weight 66%) and the company's own record (+8.7%, weight 34%) . How the weights are set.

Analyst recommendations

15 analysts, Oct 2026
Buy960%
Hold533%
Sell17%

Monthly trend

  1. Oct 202627515
  2. Sep 202627515
  3. Aug 202627515
  4. Jul 202627515

Counts of recommendations published by analysts covering Revolve Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.0%
of tradable shares
Days to cover
5.09
at average volume
Short interest, 1 month
−7%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
0.7%
of shares
Employees
1,664
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −0.5%

$22.12 on October 31, 2025 to $22.00

ThenNowEffect
Revenue (last 12 months) $1.2bn $1.3bn +10.8%
Net margin 3.8% 5.5% +44.8%
P/E multiple 35.1x 21.8x −37.8%
Share count 72m 72m −0.2%

Biggest factor: p/e multiple.

Last 3 years +64.8%

$13.35 on November 3, 2023 to $22.00

ThenNowEffect
Revenue (last 12 months) $1.1bn $1.3bn +21.2%
Net margin 3.8% 5.5% +45.0%
P/E multiple 24.0x 21.8x −8.9%
Share count 74m 72m +3.0%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RVLV+80%−60%−26%+102%−10%−27%
Industry peers (median)+23%−45%+5%+1%+6%+6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RVLV75%33%42%50%50%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RVLV−39%−67%−59%−34%−49%−44%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since June 7, 2019: 86% from November 18, 2021 to September 22, 2023. Getting back needed a 601% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$17.51 – $31.45
From 52-week high
−30.0%
vs 50-day average
+1.3%
vs 200-day average
−5.5%
Volatility (1 year)
49%
Beta vs S&P 500
1.08

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±11.7%
After a week
7 up, 5 down
typical move ±13.1%
After a month
7 up, 5 down
typical move ±18.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 −2.8% +1.6% −8.6% −16.1%
May 5, 2026 −13.9% +2.2% −20.4% −17.6%
February 24, 2026 +0.2% +1.6% −0.3% −6.5%
November 4, 2025 +4.1% −0.8% +3.2% +21.9%
August 5, 2025 −3.0% +0.3% +0.9% +12.0%
May 6, 2025 −10.5% −0.4% +6.5% +18.3%
February 25, 2025 −9.6% −0.4% −18.6% −23.1%
November 5, 2024 +31.7% +3.7% +36.1% +43.1%
August 6, 2024 +30.8% +0.2% +25.6% +21.2%
May 7, 2024 +4.6% +0.1% +9.8% −13.5%
February 27, 2024 +25.8% +0.1% +26.2% +21.1%
November 1, 2023 −2.9% +3.0% −1.4% +5.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Revolve Group, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Revolve Group, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Revolve Group, Inc.
$1B $1.1B $1.2B $1.3B $1.4B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.1B Revenue (TTM), FY23 Q4: $1.1B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $1.1B Revenue (TTM), FY24 Q3: $1.1B Revenue (TTM), FY24 Q4: $1.1B Revenue (TTM), FY25 Q1: $1.2B Revenue (TTM), FY25 Q2: $1.2B Revenue (TTM), FY25 Q3: $1.2B Revenue (TTM), FY25 Q4: $1.2B Revenue (TTM), FY26 Q1: $1.3B Revenue (TTM), FY26 Q2: $1.3B $1.3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.1B
FY23 Q4 $1.1B
FY24 Q1 $1.1B
FY24 Q2 $1.1B
FY24 Q3 $1.1B
FY24 Q4 $1.1B
FY25 Q1 $1.2B
FY25 Q2 $1.2B
FY25 Q3 $1.2B
FY25 Q4 $1.2B
FY26 Q1 $1.3B
FY26 Q2 $1.3B
Revenue growth, TTM YoY Revolve Group, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -1.1% Revenue growth, TTM YoY, FY23 Q4: -3.0% Revenue growth, TTM YoY, FY24 Q1: -3.4% Revenue growth, TTM YoY, FY24 Q2: -1.2% Revenue growth, TTM YoY, FY24 Q3: 2.2% Revenue growth, TTM YoY, FY24 Q4: 5.7% Revenue growth, TTM YoY, FY25 Q1: 9.1% Revenue growth, TTM YoY, FY25 Q2: 10.7% Revenue growth, TTM YoY, FY25 Q3: 9.2% Revenue growth, TTM YoY, FY25 Q4: 8.5% Revenue growth, TTM YoY, FY26 Q1: 10.0% Revenue growth, TTM YoY, FY26 Q2: 10.8% 10.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -1.1%
FY23 Q4 -3.0%
FY24 Q1 -3.4%
FY24 Q2 -1.2%
FY24 Q3 2.2%
FY24 Q4 5.7%
FY25 Q1 9.1%
FY25 Q2 10.7%
FY25 Q3 9.2%
FY25 Q4 8.5%
FY26 Q1 10.0%
FY26 Q2 10.8%
Operating margin (TTM) Revolve Group, Inc.
0% 2% 4% 6% 8% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 2.9% Operating margin (TTM), FY23 Q4: 2.1% Operating margin (TTM), FY24 Q1: 1.8% Operating margin (TTM), FY24 Q2: 2.6% Operating margin (TTM), FY24 Q3: 3.9% Operating margin (TTM), FY24 Q4: 4.6% Operating margin (TTM), FY25 Q1: 4.9% Operating margin (TTM), FY25 Q2: 4.9% Operating margin (TTM), FY25 Q3: 5.4% Operating margin (TTM), FY25 Q4: 6.1% Operating margin (TTM), FY26 Q1: 5.9% Operating margin (TTM), FY26 Q2: 6.1% 6.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 2.9%
FY23 Q4 2.1%
FY24 Q1 1.8%
FY24 Q2 2.6%
FY24 Q3 3.9%
FY24 Q4 4.6%
FY25 Q1 4.9%
FY25 Q2 4.9%
FY25 Q3 5.4%
FY25 Q4 6.1%
FY26 Q1 5.9%
FY26 Q2 6.1%
FCF margin (TTM) Revolve Group, Inc.
0% 2% 4% 6% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 3.0% FCF margin (TTM), FY23 Q4: 3.7% FCF margin (TTM), FY24 Q1: 2.7% FCF margin (TTM), FY24 Q2: 1.6% FCF margin (TTM), FY24 Q3: 1.3% FCF margin (TTM), FY24 Q4: 1.9% FCF margin (TTM), FY25 Q1: 2.4% FCF margin (TTM), FY25 Q2: 5.4% FCF margin (TTM), FY25 Q3: 5.3% FCF margin (TTM), FY25 Q4: 3.9% FCF margin (TTM), FY26 Q1: 3.9% FCF margin (TTM), FY26 Q2: 2.1% 2.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 3.0%
FY23 Q4 3.7%
FY24 Q1 2.7%
FY24 Q2 1.6%
FY24 Q3 1.3%
FY24 Q4 1.9%
FY25 Q1 2.4%
FY25 Q2 5.4%
FY25 Q3 5.3%
FY25 Q4 3.9%
FY26 Q1 3.9%
FY26 Q2 2.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Revolve Group took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.2B
  2. Other income $8.6M · 0.7%
  3. Cost of revenue $570M · 46.5%
  4. Gross profit $656M · 53.5%
  5. Selling, general and admin $157M · 12.8%
  6. Other operating costs $425M · 34.6%
  7. Operating income $74.3M · 6.1%
  8. Income tax $21.2M · 1.7%
  9. Net income $61.7M · 5.0%

Shares of revenue. Source: Revolve Group's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 400 499 601 581 891 1,101 1,069 1,130 1,226 1,310
Gross profit 194 265 322 305 490 592 554 593 656 712
EBITDA 23 45 52 66 110 78 27 56 79 85
Operating income 21 42 48 61 105 73 22 51 74 79
Net income 5 31 36 57 100 59 28 50 62 73
Diluted EPS $0.08 $0.44 −$0.09 $0.79 $1.34 $0.79 $0.38 $0.69 $0.86 $1.01
Growth (year on year)
Revenue — +24.8% +20.5% −3.4% +53.5% +23.6% −3.0% +5.7% +8.5% +10.8%
EBITDA — +91.1% +16.5% +26.6% +66.6% −29.0% −65.1% +105.1% +41.2% +35.0%
Operating income — +103.7% +15.1% +27.0% +72.4% −30.5% −69.7% +132.3% +44.4% +36.0%
Net income — — +16.2% +59.2% +75.8% −41.2% −52.0% +76.1% +24.5% +60.4%
Diluted EPS — — −120.5% — +69.6% −41.0% −51.9% +81.6% +24.6% +60.0%
Margins
Gross margin 48.5% 53.2% 53.6% 52.6% 55.0% 53.8% 51.9% 52.5% 53.5% 54.3%
EBITDA margin 5.8% 9.0% 8.7% 11.3% 12.3% 7.1% 2.5% 4.9% 6.4% 6.5%
Operating margin 5.1% 8.4% 8.0% 10.5% 11.8% 6.6% 2.1% 4.6% 6.1% 6.1%
Net margin 1.3% 6.2% 5.9% 9.8% 11.2% 5.3% 2.6% 4.4% 5.0% 5.5%
Free-cash-flow margin 3.6% 4.7% 5.6% 12.3% 6.7% 1.7% 3.7% 1.9% 3.9% 2.1%
Cash flow
Cash from operations 16 27 46 74 62 23 43 27 59 43
Capital spending 2 3 12 2 2 5 4 6 11 15
Free cash flow 14 24 34 71 60 18 39 21 48 28
Stock-based pay 1 1 2 3 5 6 6 10 11 11
Free cash flow after stock pay 13 22 32 68 55 12 33 11 37 17
Balance sheet
Cash — 16 65 146 218 235 245 257 292 312
Total debt — 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) — −16 −65 −146 −218 −235 −245 −257 −292 −312
Diluted shares 44m 45m 8m 72m 75m 75m 74m 72m 72m 72m
Returned to shareholders
Buybacks — — 41 — — — 31 12 2 —
Total returned — — 41 — — — 31 12 2 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $843m
Short-term assets $705mLonger-term assets $138m
What it owes, and who funded it · $843m
Short-term liabilities $284mLonger-term liabilities $20mShareholders' equity $539m
  • Short-term assets cover short-term liabilities $705m of assets due within a year against $284m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $705m short-term assets against $20m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Revolve Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$44.7M
Diluted share count
+0.2%
year over year
Days sales outstanding
9 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in broadline retail
Last 12 months unless stated RVLV ZKH BZUN OLLI ETSY DDS Median
Revenue, last 12 months $1.3bn $1.3bn $1.4bn $2.8bn $3.0bn $6.6bn $2.8bn
Revenue growth, last 12 months 10.8% 2.7% 5.7% 14.4% 10.8% 0.2% 4.4%
Revenue growth, 3-year average 6.6% — 77.5% 12.9% 3.5% −1.7% 9.1%
Revenue growth, latest quarter 12.4% — — 9.1% 10.9% −0.4% 9.1%
Gross margin 54.3% 16.4% 74.1% 41.6% 71.3% 39.8% 44.4%
Operating margin 6.1% −2.4% 0.6% 12.3% 14.0% — 2.5%
Operating margin, 3-year average 4.5% — 2.3% 11.5% 13.1% — 2.8%
Net margin 5.5% −1.6% −2.4% 9.8% 32.8% 10.3% 1.7%
Cash from operations / revenue 3.3% 0.1% 4.2% 12.2% 19.9% 11.0% 4.0%
Free-cash-flow margin 2.1% −0.5% 3.2% 8.0% 19.7% 9.6% 2.1%
Free-cash-flow margin, 3-year average 3.0% — −3.8% 5.9% 23.4% 9.7% 3.0%
Stock pay / revenue 0.8% 0.6% 0.2% 0.5% 7.7% — 0.7%
Change in share count 0.2% −0.9% −3.4% −0.9% 4.1% −9.5% −0.4%

Median of all 23 companies we cover in broadline retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 broadline retail companies
Measure Company Peer median Rank
Revenue growth Growth 10.8% 4.4% 6 of 23
Change in growth rate Growth +0.8pp +0.9pp 13 of 23
Gross margin Profitability 54.3% 44.4% 8 of 22
Operating margin Profitability 6.1% 3.6% 7 of 22
Net margin Profitability 5.5% 1.7% 9 of 23
Free-cash-flow margin Cash generation 2.1% 2.1% 12 of 23
Stock pay as % of revenue Cash generation 0.8% 0.8% 12 of 22
Change in share count Balance sheet 0.2% 0.1% 15 of 22
Days sales outstanding Balance sheet 9 days 13 days 7 of 14

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Revolve $1.1B 86.0% ▲ 8.6%
Forward $172M 14.0% ▲ 7.7%
Products and services
Line of business Revenue Share YoY
Fashion Apparel $556M 45.2% ▲ 11.4%
Dresses $344M 28.0% ▲ 3.9%
Handbags Shoes and Accessories $248M 20.2% ▲ 4.4%
Beauty $58.8M 4.8% ▲ 20.0%
Manufactured Product Other $18.1M 1.5% ▲ 45.3%
Breakage On Store Credit and Gift Cards $4.2M 0.3% ▲ 27.3%
Geography
Region Revenue Share YoY
United States $972M 79.3% ▲ 7.6%
Outside the US $253M 20.7% ▲ 11.9%

From Revolve Group, Inc.'s 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1B
Institutions reporting
207
Shares held vs prior quarter
▼ 4.7%
Positions opened / closed
30 / 28

Top buyers and sellers, Q2 2026: 116 institutions bought and 93 sold ; the biggest buyer was Blackrock, Inc (+892K shares) and the biggest seller Cooper Creek Partners Management LLC (−2.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
FMR LLC $142M 6.2M 13.8% ▲ 0.4%
Blackrock, Inc. $105M 4.6M 10.2% ▲ 24.2%
Vanguard Portfolio Management LLC $82.2M 3.6M 8.0% ▲ 8.2%
William Blair Investment Management, LLC $53.4M 2.3M 5.2% ▲ 32.1%
Marshall Wace, LLP $43.6M 1.9M 4.2% ▼ 2.4%
Vanguard Capital Management LLC $42M 1.8M 4.1% ▲ 4.3%
State Street Corp $28.9M 1.3M 2.8% ▲ 10.4%
Kayne Anderson Rudnick Investment Management LLC $28.6M 1.2M 2.8% ▼ 22.2%
Geode Capital Management, LLC $24.1M 1.1M 2.3% ▲ 8.8%
Algert Global LLC $23.7M 1.0M 2.3% ▲ 54.0%
Citadel Advisors LLC $23.5M 1.0M 2.3% ▲ 29.4%
Dimensional Fund Advisors LP $22.8M 998K 2.2% ▲ 10.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Revolve Group, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $77M 66 trades by 4 insiders · 100% under pre-set plans
Net ▼ $77M net selling
Insider Date Trade Shares Price Value
Mmmk Development, Inc. 10% owner April 29, 2026 Sell pre-set plan 15,640 $26.00 $406,640
Karanikolas Michael CO-CHIEF EXECUTIVE OFFICER April 29, 2026 Sell pre-set plan 15,640 $26.00 $406,640
Mente Michael CO-CHIEF EXECUTIVE OFFICER April 29, 2026 Sell pre-set plan 15,640 $26.00 $406,640
Mmmk Development, Inc. 10% owner April 28, 2026 Sell pre-set plan 42,678 $26.35 $1.1M
Karanikolas Michael CO-CHIEF EXECUTIVE OFFICER April 28, 2026 Sell pre-set plan 42,678 $26.35 $1.1M
Mente Michael CO-CHIEF EXECUTIVE OFFICER April 28, 2026 Sell pre-set plan 42,678 $26.35 $1.1M
Mmmk Development, Inc. 10% owner April 27, 2026 Sell pre-set plan 60,923 $26.43 $1.6M
Karanikolas Michael CO-CHIEF EXECUTIVE OFFICER April 27, 2026 Sell pre-set plan 60,923 $26.43 $1.6M
Mente Michael CO-CHIEF EXECUTIVE OFFICER April 27, 2026 Sell pre-set plan 60,923 $26.43 $1.6M
Mmmk Development, Inc. 10% owner April 9, 2026 Sell pre-set plan 15,972 $25.90 $413,675
Karanikolas Michael CO-CHIEF EXECUTIVE OFFICER April 9, 2026 Sell pre-set plan 15,972 $25.90 $413,675
Mente Michael CO-CHIEF EXECUTIVE OFFICER April 9, 2026 Sell pre-set plan 15,972 $25.90 $413,675

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Revolve Group, Inc. disclosed in the last 12 months; 2 earlier trades on record.

  • Josh Gottheimer(D-NJ 5):Purchase, $1,001 - $15,000, traded October 16, 2023, filed November 11, 2023
  • Josh Gottheimer(D-NJ 5):Purchase, $1,001 - $15,000, traded May 13, 2021, filed June 15, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 24, 2026
  • November 4, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Revolve Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Revolve Group, Inc. in brief

What does Revolve Group, Inc. do?
Revolve Group, Inc. is a US-listed company in the broadline retail industry. Its financial year ends in December.
What is Revolve Group, Inc.'s stock ticker?
Revolve Group, Inc. trades under the ticker RVLV on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Revolve Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Revolve Group, Inc. reported revenue of $1.3B, 10.8% higher than a year earlier, according to its SEC filings.
What is Revolve Group, Inc.'s free cash flow?
Revolve Group, Inc.'s free-cash-flow margin is 2.1% of revenue over the trailing twelve months, ranking 12 of the 23 broadline retail companies we cover.
What is Revolve Group, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Revolve Group, Inc.'s free cash flow after stock-based pay gives ~$14 per share in the base case, and ~$12–$18 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Revolve Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are FMR LLC, Blackrock, Inc. and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Revolve Group, Inc.'s market cap?
On November 2, 2026, Revolve Group, Inc.'s market capitalisation was about $1.6B, with a price-to-earnings ratio of 21.8 and net debt of -$312M. Market figures come from third-party market data and may be delayed.
Who are Revolve Group, Inc.'s competitors?
In our Broadline Retail peer group, the companies closest to Revolve Group, Inc. are ZKH Group Ltd, Baozun Inc., Ollie's Bargain Outlet Holdings, Inc., Etsy Inc and Dillard's, Inc. The side-by-side comparison below sets their revenue, margins and growth against Revolve Group, Inc.'s.
Are insiders buying or selling Revolve Group, Inc. stock?
Over the last 12 months, Revolve Group, Inc.'s directors and officers reported 0 open-market purchases and 66 sales on Form 4. The insider trading page charts every trade.
When is Revolve Group, Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Revolve Group, Inc. announces its own schedule.