May. 5 at 8:35 PM
$RVLV
🚨🚨🚨🚨
Revolve Group, Inc. reported strong growth for the first quarter ended March 31, 2026.
Net sales reached
$342.9 million, up 16% year-over-year, while gross margin improved to 52.7%.
Net income rose 21% to
$13.8 million and diluted EPS increased 25% to
$0.20.
The company generated
$49.4 million in operating cash flow and
$44.9 million in free cash flow, ending the quarter with
$335.8 million in cash and no debt.
Active customers grew 8% to 2.93 million, with total orders up 12% and average order value at
$298.
Management highlighted new growth initiatives, including the launch of the REVOLVE Los Angeles namesake label, the Grow-Good Beauty partnership with Cardi B, and a lease for a third retail store in Miami.
The company provided updated 2026 guidance, tightening margin and expense ranges while reaffirming a debt-free balance sheet.