Revolve Group Report Fourth Quarter and Full Year 2025 Financial Results

Q4 2025: acceleration into year-end In the fourth quarter of 2025, Revolve Group grew total net sales to $324.4 million, up 10% year over year, an acceleration from the 4% growth posted in Q3 2025.

Trailing 12 month active customers increased by 94,000 in the quarter, its best quarterly gain in more than three years, taking the active base up 6% year over year to 2,841,000 as of December 31, 2025.

Gross profit climbed to $172.9 million, up 12% year over year, with gross margin expanding 78 basis points to 53.3%, driven largely by stronger margins in the FWRD segment. Net income jumped 58% to $18.6 million, Adjusted EBITDA rose 44% to $26.3 million, and diluted EPS reached $0.26, up 53% versus the prior year period.

Segment and category trends Both operating segments posted double digit top line growth in Q4 2025. REVOLVE segment net sales reached $276.6 million, up 10% year over year, while FWRD segment net sales were $47.8 million, up 14%…