RVLVNYSERetail-Catalog & Mail-Order HousesFiscal year ends December 31
Revolve Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$22.31−0.49 (-2.15%)
Close on Oct 19, 2026
- Market cap
- $1.61B
- P/E (TTM)
- 22.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
53.5%+0.9 pts over 5 years
Operating margin
6.1%−4.5 pts over 5 years
Net margin
5.0%−4.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.5% | +3.6% | +16.1% | – | |
| Gross profit | +10.5% | +3.5% | +16.5% | – | |
| Operating income | +44.4% | +0.5% | +4.0% | – | |
| Net income | +24.5% | +1.7% | +1.7% | – | |
| EPS, diluted | +24.6% | +2.9% | +1.7% | – | |
| Free cash flow | +128.1% | +38.0% | -7.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 34.3% | – | |
| Return on assets | – | 21.1% | 8.6% | |
| Current ratio | – | 2.62 | 2.81 | |
| Inventory turnover | – | 2.8× | 2.4× | |
| Capex to revenue | – | 0.4% | 0.9% | |
| Diluted shares | – | 72M | 72M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Revolve generated $215.18M from operations and spent $73.33M on capital expenditure, dividends and share buybacks. 39% of that went back into the business.
Generated
$215.18M
Used
$73.33M
Capital expenditure$28.61M39%Dividends$00%Share buybacks$44.72M61%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.6%
×Asset turnover1.80×
×Equity multiplier1.55×
=Return on equity, FY20237.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 2.6% | 1.80× | 1.55× | 7.4% |
| FY2022 | 5.3% | 2.08× | 1.52× | 16.9% |
| FY2021 | 11.2% | 2.27× | 1.52× | 38.6% |
| FY2020 | 9.8% | 2.16× | 1.63× | 34.3% |
| FY2019 | 5.9% | 3.05× | 1.87× | 33.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$61.71M
- Cash generatingOperating cash flow above zero$59.40M
- Return on assets improvedROA up on the prior year8.1% → 9.3%
- Earnings backed by cashOperating cash flow above net income$59.40M vs $61.71M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.86 → 2.81
- No dilutionShare count did not rise72M → 72M
- Gross margin improvedGross margin up on the prior year52.51% → 53.50%
- More efficientAsset turnover rose1.86 → 1.84