Quarterly ResultMay 5, 2026, 04:19 PM
Revolve Group Q1 Net Sales +16% to $342.9M; EPS +25% to $0.20
AI Summary
Revolve Group announced strong first quarter 2026 financial results, with net sales increasing 16% year-over-year to $342.9 million and diluted EPS rising 25% to $0.20. The company achieved significant market share gains and strengthened its balance sheet with $49 million in operating cash flow. Key initiatives include the launch of its namesake label REVOLVE Los Angeles, a successful beauty product partnership with Cardi B, and plans for a new retail store in Miami. The company also provided an updated positive outlook for Q2 and full-year 2026.
Key Highlights
- Net sales increased 16% year-over-year to $342.9 million in Q1 2026.
- Diluted EPS rose 25% year-over-year to $0.20 for the first quarter.
- Net income grew 21% to $13.8 million; Adjusted EBITDA increased 9% to $21.1 million.
- Net cash provided by operating activities was $49.4 million, strengthening the balance sheet.
- Active customers increased 8% to 2.926 million; total orders placed rose 12%.
- Launched REVOLVE Los Angeles, its first namesake label, and Grow-Good Beauty with Cardi B.
- International net sales grew 20% to $68.9 million.
- A new retail store in Miami is expected to open by the end of 2026.