AI Earnings Predictions for Revolve Group Inc. (RVLV)

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

Revolve Group Announces Third Quarter 2026 Financial Results

Los Angeles, CA – November 3, 2026 - Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the third quarter ended September 30, 2026.

“We delivered a strong third quarter, highlighted by net sales growth of 20% or more across our segments, REVOLVE and FWRD, and in domestic and international markets,” said co-founder and co-CEO Mike Karanikolas. “Supporting our top-line momentum was 18% growth in active customers year-over-year, our fourth consecutive quarter of growth acceleration.”

“Our strong top line growth and customer engagement metrics are a reflection of our brand strength and a result of our investments in brand building, physical retail expansion and key partnerships, including the recent launch of REVOLVE Los Angeles and our inaugural REVOLVE Magazine, our new joint venture with Donatella Versace, and recently-announced expanded partnerships with Kendall Jenner and Dwyane Wade,” said co-founder and co-CEO Michael Mente. “We couldn’t be more happy with our momentum and we are excited about our progress on longer-term investments that we believe strengthen our foundation for future profitable growth.”

Third Quarter 2026 Financial Summary

Three Months Ended September 30,

2026

2025

YoY Change

(in thousands, except percentages)

Net sales

$

355,959

$

295,631

20%

Gross profit

$

191,795

$

161,516

19%

Gross margin

53.9

%

54.6

%

Net income

$

15,524

$

21,179

(27%)

Adjusted EBITDA (non-GAAP financial measure)

$

23,491

$

25,347

(7%)

Net cash (used in) provided by operating activities

$

(24,334

)

$

11,818

NM

Free cash flow (non-GAAP financial measure)

$

(26,963

)

$

6,627

NM

NM - Not meaningful

Operational Metrics

Three Months Ended September 30,

2026

2025

YoY Change

(in thousands, except average order value and percentages)

Active customers (trailing 12 months)

3,243

2,747

18%

Total orders placed

2,745

2,300

19%

Average order value

$

292

$

306

(5%)

Additional Third Quarter 2026 Metrics and Results Commentary

• Trailing 12-month active customers grew to 3,243,000 as of September 30, 2026, an increase of 18% year-over-year, our highest year-over-year growth rate in three and a half years.

• Net sales were $356.0 million, a year-over-year increase of 20%. The strong top-line growth was fueled by a 19% increase in total orders placed year-over-year and a reduced product return rate, partially offset by a lower average order value primarily attributable to initial sales of Grow-Good beauty products at much lower price points.

• Gross profit was $191.8 million, an increase of 19% year-over-year.

• Gross margin was 53.9%, a decrease of 75 basis points year-over-year, against a prior-year comparison in the third quarter of 2025 that included 347 basis points of expansion.

• Fulfillment costs were $12.2 million, or 3.4% of net sales, compared to $9.8 million, or 3.3% of net sales, in the third quarter of 2025.

• Selling and distribution costs were $63.5 million, or 17.8% of net sales, compared to $51.7 million, or 17.5% of net sales, in the third quarter of 2025. The reduced efficiency year-over-year as a percentage of net sales was primarily due to higher shipping rates, partially offset by a decrease in our product return rate year-over-year.

• Marketing costs were $50.8 million, or 14.3% of net sales, compared to $40.4 million, or 13.7% of net sales, in the third quarter of 2025. The increased marketing investment year-over-year as a percentage of net sales primarily reflects an increase in performance marketing and brand marketing investments to support various growth initiatives, including our first-ever namesake label, REVOLVE Los Angeles, within our owned brand assortment.

• General and administrative costs were $46.2 million, or 13.0% of net sales, compared to $38.6 million, or 13.0% of net sales, in the third quarter of 2025.

• Other income, net was $2.0 million compared to $7.3 million in the third quarter of 2025. Other income, net in the prior-year quarter was positively impacted by an insurance recovery of $4.5 million.

• Net income was $15.5 million, compared to net income of $21.2 million in the third quarter of 2025, which was positively impacted by the $4.5 million insurance recovery (approximately $3.4 million, net of taxes).

• Adjusted EBITDA was $23.5 million, a decrease of 7% year-over-year.

• Diluted earnings per share (EPS) was $0.20, compared to diluted EPS of $0.29 in the third quarter of 2025, which was positively impacted by an insurance recovery equivalent to approximately $0.05 per diluted share.

Additional Net Sales Commentary

• REVOLVE segment net sales were $306.8 million, a year-over-year increase of 20%.

• FWRD segment net sales were $49.2 million, a year-over-year increase of 20%.

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EX-99.1

2 rvlv-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Revolve Group Announces First Quarter 2026 Financial Results

Los Angeles, CA – May 5, 2026 - Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the first quarter ended March 31, 2026.

“Outstanding execution by our team within a dynamic operating environment led to strong first quarter results and continued market share gains, highlighted by our net sales increasing 16% year-over-year, earnings per share increasing 25% year-over-year, and $49 million in operating cash flow that significantly strengthened our pristine balance sheet,” said co-founder and co-CEO Mike Karanikolas.

“Beyond the outstanding quarterly results, I am most excited about our visible progress in longer-term initiatives, such as international expansion and advancing our use of AI technology, that have become key contributors to our momentum and reinforce my confidence that we will continue to drive profitable growth in the future,” said co-founder and co-CEO Michael Mente. “We have also made exciting advances in key growth initiatives that we believe could be game changers longer term, including the launch of our first-ever namesake label, REVOLVE Los Angeles, laying the foundation to expand our physical retail footprint to Miami, and an incredibly successful launch of Grow-Good beauty products created in partnership with Cardi B.”

First Quarter 2026 Financial Summary

Three Months Ended March 31,

2026

2025

YoY Change

(in thousands, except percentages)

Net sales

$

342,880

$

296,709

16%

Gross profit

$

180,615

$

154,286

17%

Gross margin

52.7

%

52.0

%

Net income

$

13,758

$

11,406

21%

Adjusted EBITDA (non-GAAP financial measure)

$

21,062

$

19,299

9%

Net cash provided by operating activities

$

49,420

$

45,145

9%

Free cash flow (non-GAAP financial measure)

$

44,901

$

42,804

5%

Operational Metrics

Three Months Ended March 31,

2026

2025

YoY Change

(in thousands, except average order value and percentages)

Active customers (trailing 12 months)

2,926

2,703

8%

Total orders placed

2,581

2,308

12%

Average order value

$

298

$

295

1%

Recent Business Developments

• We successfully introduced REVOLVE Los Angeles, our first-ever namesake label, supported by impactful and multi-faceted marketing investments. We believe this exciting new chapter for our owned brand assortment creates a compelling foundation for continued profitable growth in the coming years.

• We launched Grow-Good Beauty hair care products in partnership with Grammy award winning performer and global style icon, Cardi B, that sold out in less than an hour. Just a few weeks after the products launched, Grow-Good Beauty has already attracted more than 640,000 followers on Instagram.

• We entered into a lease for our third retail store, in an outstanding Miami location, one of our strongest U.S. markets. It is expected to open by the end of 2026.

Additional First Quarter 2026 Metrics and Results Commentary

• Trailing 12-month active customers grew to 2,926,000 as of March 31, 2026, an increase of 8% year-over-year, our highest year-over-year growth rate in more than two years.

• Net sales were $342.9 million, a year-over-year increase of 16%, and a sequential improvement from the 10% increase year-over-year reported in the fourth quarter of 2025.

• Gross profit was $180.6 million, a year-over-year increase of 17%.

• Gross margin was 52.7%, a year-over-year increase of 68 basis points that was primarily driven by margin expansion in the FWRD segment.

• Fulfillment costs were $10.8 million, or 3.1% of net sales, compared to $9.4 million, or 3.2% of net sales, in the first quarter of 2025.

• Selling and distribution costs were $57.7 million, or 16.8% of net sales, compared to $50.0 million, or 16.8% of net sales, in the first quarter of 2025.

• Marketing costs were $54.2 million, or 15.8% of net sales, compared to $42.4 million, or 14.3% of net sales, in the first quarter of 2025. The increased marketing investment year-over-year as a percentage of net sales primarily reflects incremental brand marketing investments to support various growth initiatives, including the launch of our first-ever namesake label, REVOLVE Los Angeles, within our owned brand assortment.

• General and administrative costs were $42.3 million, or 12.3% of net sales, compared to $37.9 million, or 12.8% of net sales, in the first quarter of 2025. The increased efficiency year-over-year as a percentage of net sales primarily reflects scale efficiencies, with growth in net sales outpacing growth in general and administrative expenses.

• Other income, net increased to $2.7 million from $0.9 million in the first quarter of 2025.

• Net income was $13.8 million, a year-over-year increase of 21%.

• Adjusted EBITDA was $21.1 million, a year-over-year increase of 9%.

• Diluted earnings per