Filing Flows › Revolve Group (RVLV) › Q4 2025
Revolve Group (RVLV) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Revolve Group (RVLV) reported revenue of $324M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +10% from the quarter before. Operating margin was 6.3%, net earnings $18.6M (5.7% of revenue).
Revolve Group, Q4 2025: revenue $324M (+10% year over year), operating margin 6.3%, net earnings $18.6M, operating cash flow −$10.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $324M | +10% | +10% |
| Gross profit | $173M | +7% | +12% |
| Operating profit | $20.6M | -2% | +81% |
| Net earnings | $18.6M | -12% | +58% |
| Operating cash flow | −$10.2M | -186% | — |
What changed
Revenue was $324.4M in Q4 2025, up 10% year over year and up 10% from the previous quarter. Fashion Apparel was the largest line at 48% of revenue.
Gross margin was 53.3%, up 0.8 points from a year earlier. Operating profit was $20.6M, a 6.3% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 4% margin then. Operating expenses grew 7% against revenue growth of 10%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $18.6M, up 50% year over year. The effective tax rate was 20.5%.
Operating cash flow was −$10.2M. Non-cash charges added back $1.2M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $33.1M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$13.3M.
Questions
What was Revolve Group's revenue in the fourth quarter 2025?
Revolve Group (RVLV) reported revenue of $324M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +10% from the quarter before.
Was Revolve Group profitable in the fourth quarter 2025?
Operating profit was $20.6M (6.3% of revenue) and net earnings $18.6M.
Source: Revolve Group 10-K on SEC EDGAR.