REVOLVE GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.13B | $1.07B | $1.10B | $891.4M | $580.6M | $601.0M | $498.7M |
| Cost of Revenue | $569.9M | $536.6M | $514.5M | $509.1M | $401.6M | $275.4M | $279.0M | $233.4M |
| Gross Profit | $655.8M | $593.3M | $554.2M | $592.3M | $489.8M | $305.3M | $322.0M | $265.3M |
| Gross Margin | 53.5% | 52.5% | 51.9% | 53.8% | 55.0% | 52.6% | 53.6% | 53.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $157.0M | $142.1M | $126.6M | $115.3M | $89.3M | $70.9M | $77.6M | $65.2M |
| Operating Income | $74.3M | $51.4M | $22.1M | $73.1M | $105.3M | $61.1M | $48.1M | $41.8M |
| Operating Margin | 6.1% | 4.6% | 2.1% | 6.6% | 11.8% | 10.5% | 8.0% | 8.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $82.3M | $64.4M | $37.8M | $76.6M | $104.7M | $60.1M | $47.2M | $41.2M |
| Income Tax Expense | $21.2M | $15.7M | $9.6M | $17.9M | $4.9M | $3.3M | $11.5M | $10.5M |
| Net Income | $61.7M | $49.6M | $28.1M | $58.7M | $99.8M | $56.8M | $35.7M | $30.7M |
| Net Margin | 5.0% | 4.4% | 2.6% | 5.3% | 11.2% | 9.8% | 5.9% | 6.2% |
| EPS (Basic) | $0.87 | $0.70 | $0.39 | $0.80 | $1.38 | $0.81 | $-0.01 | $0.05 |
| EPS (Diluted) | $0.86 | $0.69 | $0.38 | $0.79 | $1.34 | $0.79 | $-0.01 | $0.05 |
| Shares Outstanding (Basic) | 71.3M | 70.8M | 73.0M | 73.3M | 72.5M | 19.9M | 69.5M | 377.4M |
| Shares Outstanding (Diluted) | 72.1M | 71.7M | 73.6M | 74.5M | 74.5M | 72.1M | 69.5M | 401.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |