Key Highlights

  • Net sales were USD 355,959 thousand versus 295,631 thousand, and Gross Profit was USD 191,795 thousand versus 161,516 thousand.
  • Marketing expense was USD 50,825 thousand versus 40,429 thousand, and total operating expenses were USD 172,757 thousand versus 140,525 thousand.
  • Income from operations was USD 19,038 thousand versus 20,991 thousand, and Net Income was USD 15,524 thousand versus 21,179 thousand.
  • Diluted EPS was USD 0.20 versus USD 0.29, and cash and cash equivalents were USD 284,640 thousand.

Net Sales and Gross Profit

Revolve Group, Inc. (NYSE:RVLV), an online fashion retailer, filed its Quarterly Report for the period ended September 30, 2026. Net sales were USD 355,959 thousand, compared with USD 295,631 thousand in the third quarter of 2025. Cost of sales was USD 164,164 thousand versus USD 134,115 thousand, and gross profit was USD 191,795 thousand versus USD 161,516 thousand.

For the nine months ended September 30, 2026, net sales were USD 1,046,244 thousand versus USD 901,311 thousand, and gross profit was USD 569,075 thousand versus USD 482,864 thousand.

Analyst estimates were EPS of USD 0.22 against reported EPS of USD 0.20, and Revenue of USD 345.5 million against reported revenue of USD 356.0 million.

Operating Expenses and Income from Operations

Fulfillment expense was USD 12,177 thousand versus USD 9,839 thousand, and selling and distribution expense was USD 63,516 thousand versus USD 51,705 thousand. Marketing expense was USD 50,825 thousand versus USD 40,429 thousand, and general and administrative expense was USD 46,239 thousand versus USD 38,552 thousand.

Total operating expenses were USD 172,757 thousand versus USD 140,525 thousand, and income from operations was USD 19,038 thousand versus USD 20,991 thousand. For the nine months, total operating expenses were USD 512,282 thousand versus USD 429,182 thousand, and income from operations was USD 56,793 thousand versus USD 53,682 thousand.

Net Income and Earnings per Share

Other income, net, was USD 1,990 thousand versus USD 7,310 thousand, and Equity earnings in unconsolidated subsidiaries were a loss of USD 228 thousand. Income before income taxes was USD 21,256 thousand versus USD 28,301 thousand, and the provision for income taxes was USD 5,732 thousand versus USD 7,122 thousand.

Net income was USD 15,524 thousand versus USD 21,179 thousand. Net income attributable to non-controlling interest was USD 1,059 thousand, and net income attributable to Revolve Group, Inc. stockholders was USD 14,465 thousand versus USD 21,179 thousand. Basic Earnings Per Share were USD 0.20 versus USD 0.30, and Diluted Earnings per Share were USD 0.20 versus USD 0.29.

For the nine months, net income was USD 47,905 thousand versus USD 42,596 thousand, and diluted earnings per share were USD 0.66 versus USD 0.60.

Items to Follow

Investors can follow inventory, Cash Flow and tariffs. Inventory was USD 293,296 thousand at September 30, 2026, versus USD 251,844 thousand at December 31, 2025, and cash and cash equivalents were USD 284,640 thousand versus USD 292,256 thousand.

Accounts receivable, net, were USD 31,853 thousand versus USD 16,561 thousand, and purchases of property and equipment for the nine months were USD 10,856 thousand versus USD 8,306 thousand. Net cash provided by Operating Activities for the nine months was USD 16,873 thousand versus USD 69,583 thousand. The filing also discusses tariffs on goods imported from China, noting that the total Tariff rate on those goods briefly reached 145.0% at points in 2025.