Filing Flows › Revolve Group (RVLV) › Q2 2026 › vs Q1 2026
Revolve Group (RVLV) Q2 2026 vs Q1 2026 (quarter over quarter)
Revolve Group's revenue rose $4.5M (+1%) from $343M in Q1 2026 to $347M in Q2 2026. The biggest changes: Fashion Apparel −$7.5M (-5%); Manufactured Product Other +$6.6M (+173%); Dresses +$5.2M (+5%). Gross margin 56.6% against 52.7% (+3.9 pts).
Revolve Group, Q2 2026: revenue $347M (+12% year over year), operating margin 6.4%, net earnings $18.6M, operating cash flow −$8.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 56.6% | 52.7% | +3.9 pts |
| Operating margin | 6.4% | 4.6% | +1.8 pts |
| Net margin | 5.3% | 4.2% | +1.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Fashion Apparel | $155M | $162M | −$7.5M | -5% |
| Dresses | $100M | $95.1M | $5.2M | +5% |
| Handbags Shoes and Accessories | $67.6M | $65.5M | $2.1M | +3% |
| Beauty | $14.3M | $16.2M | −$1.9M | -12% |
| Manufactured Product Other | $10.4M | $3.8M | $6.6M | +173% |
| Breakage on Store Credit and Gift Cards | $1.3M | $1.3M | $0 | 0% |
| Revenue | $347M | $343M | $4.5M | +1% |
| Gross profit | $197M | $181M | $16.1M | +9% |
| Cost of revenue | $151M | $162M | −$11.5M | -7% |
| Other income, net | $2.8M | $2.8M | −$48K | -2% |
| Operating profit | $22.1M | $15.7M | $6.4M | +41% |
| Operating expenses | $175M | $165M | $9.6M | +6% |
| Pre-tax earnings | $24.9M | $18.5M | $6.4M | +35% |
| Sales & marketing | $62.1M | $57.7M | $4.4M | +8% |
| General & admin | $43.4M | $42.3M | $1.1M | +3% |
| Other operating costs | $69.1M | $65.0M | $4.1M | +6% |
| Net earnings | $18.6M | $14.4M | $4.2M | +29% |
| Minority interests | $64K | −$594K | $658K | — |
| Income tax | $6.2M | $4.7M | $1.5M | +33% |
| Operating cash sources | $30.7M | −$30.5M | $61.2M | — |
| Depreciation & amortization | $1.7M | $1.3M | $311K | +23% |
| Share-based compensation | $2.3M | $3.2M | −$951K | -29% |
| Cash used in operations | $8.2M | −$49.4M | $57.6M | — |
| Working capital & other | $30.7M | −$30.5M | $61.2M | — |
Questions
How much did Revolve Group's revenue grow quarter over quarter in Q2 2026?
Revolve Group's revenue rose $4.5M (+1%) from $343M in Q1 2026 to $347M in Q2 2026.
What drove Revolve Group's revenue change in Q2 2026?
Fashion Apparel −$7.5M (-5%); Manufactured Product Other +$6.6M (+173%); Dresses +$5.2M (+5%).