Revolve Group Announces Third Quarter 2025 Financial Results

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November 4, 2025 4:03 PM EST

LOS ANGELES, Nov. 4, 2025 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Financial Summary




Three Months Ended September 30,



2025



2024



YoY Change



(in thousands, except percentages)

Net sales


$

295,631



$

283,146



4 %

Gross profit


$

161,516



$

144,867



11 %

Gross margin



54.6

%



51.2

%



Net income


$

21,179



$

10,751



97 %

Adjusted EBITDA (non-GAAP financial measure)


$

25,347



$

17,503



45 %

Net cash provided by operating activities


$

11,818



$

9,052



31 %

Free cash flow (non-GAAP financial measure)


$

6,627



$

6,171



7 %

 

Operational Metrics




Three Months Ended September 30,



2025



2024



YoY Change



(in thousands, except average order value and percentages)

Active customers (trailing 12 months)



2,747




2,628



5 %

Total orders placed



2,300




2,200



5 %

Average order value


$

306



$

303



1 %












"We had a very solid third quarter, highlighted by exceptional gross margin performance that drove an 11% increase in gross profit year-over-year and a 45% increase in Adjusted EBITDA to $25 million, our highest ever for a third quarter," said co-founder and co-CEO Mike Karanikolas. "Particularly in the current tariff environment, I am extremely pleased by our nearly 350 basis point increase in gross margin year-over-year that further validates the competitive advantage of our data-driven merchandising and puts us on track to expand our gross margin and Adjusted EBITDA margin in the full year 2025 for the second straight year." 

"At a time when the dynamic operating environment has forced key competitors to dial back investment, our healthy cash flow and rock-solid balance sheet, highlighted by a cash balance of $315 million, enables us to continue to invest in exciting long-term initiatives such as international expansion, development of new owned brands, further leveraging AI technology, and the physical retail opportunity that we believe positions us to accelerate our market share capture and achieve profitable growth for years to come," said co-founder and co-CEO Michael Mente.

Additional Third Quarter 2025 Metrics and Results Commentary

  • Trailing 12-month active customers grew to 2,747,000 as of September 30, 2025, an increase of 5% year-over-year.
  • Net sales were $295.6 million, a year-over-year increase of 4%.
  • Gross profit was $161.5 million, a year-over-year increase of 11%.
  • Gross margin was 54.6%, an increase of 347 basis points year-over-year. The increase primarily reflects shallower markdowns within the markdown sales, a higher mix of full price sales year-over-year and increased margins on these sales, and a higher mix of Owned Brand net sales that carry higher margins than third-party brands.
  • Fulfillment costs were $9.8 million, or 3.3% of net sales, compared to $9.3 million, or 3.3% of net sales, in the third quarter of 2024.
  • Selling and distribution costs were $51.7 million, or 17.5% of net sales, compared to $47.9 million, or 16.9% of net sales, in the third quarter of 2024. The reduced efficiency year-over-year as a percentage of net sales primarily reflects a higher proportion of returned purchases and higher shipping rates year-over-year, partially offset by an increase in average order value.
  • Marketing costs were $40.4 million, or 13.7% of net sales, compared to $39.5 million, or 14.0% of net sales, in the third quarter of 2024. The increased efficiency year-over-year as a percentage of net sales reflects increased efficiencies in our marketing investments across both performance marketing and brand marketing.
  • General and administrative costs were $38.6 million, or 13.0% of net sales, compared to $33.9 million, or 12.0% of net sales, in the third quarter of 2024. The decreased efficiency year-over-year as a percentage of net sales primarily reflects our increased investment in strategic growth initiatives and a $1.0 million increase in non-routine costs year-over-year.
  • Net income was $21.2 million, a year-over-year increase of 97%, and included an insurance recovery of $4.5 million ($3.4 million, net of taxes) within other income, net.
  • Adjusted EBITDA was $25.3 million, a year-over-year increase of 45%, that primarily reflects a year-over-year increase in net sales and gross profit combined with increased year-over-year efficiency in our marketing investments, partially offset by increased general and administrative expenses and reduced efficiency in selling and distribution costs year-over-year.
  • Diluted earnings per share (EPS) was $0.29, a year-over-year increase of 93% from $0.15 in the third quarter of 2024. EPS for the third quarter of 2025 included the insurance recovery mentioned above equivalent to approximately $0.05 per diluted share.

Additional Net Sales Commentary

  • REVOLVE segment net sales were $254.6 million, a year-over-year increase of 5%.
  • FWRD segment net sales were $41.0 million, a year-over-year increase of 3%.
  • Domestic net sales were $231.4 million, a year-over-year increase of 4%.
  • International net sales were $64.2 million, a year-over-year increase of 6%.

Cash Flow and Balance Sheet

  • Net cash provided by operating activities was $11.8 million for the quarter and $69.6 million for the nine months ended September 30, 2025, a year-over-year increase of 31% and 206%, respectively, compared to the three and nine months ended September 30, 2024.
  • Free cash flow was $6.6 million for the quarter, a year-over-year increase of 7%, primarily due to increased net income year-over-year, partially offset by increased capital expenditures related to the build out of our retail store in Los Angeles. For the nine months ended September 30, 2025, free cash flow was $59.0 million, an increase of 265% year-over-year that primarily reflects increased net income and favorable movements in working capital, partially offset by increased capital expenditures year-over-year.
  • Stock repurchases were $0.3 million for the third quarter ended September 30, 2025, exclusive of broker fees and excise taxes. We repurchased 14,612 shares of our Class A common stock during the third quarter at an average cost of $19.36 per share. $55.6 million remained available under our $100 million stock repurchase program as of September 30, 2025.
  • Cash and cash equivalents: The cash flow generation has further strengthened our balance sheet and liquidity. Cash and cash equivalents as of September 30, 2025 were $315.4 million, an increase of $4.7 million, or 2%, from $310.7 million as of June 30, 2025, and an increase of $62.6 million, or 25%, from $252.8 million as of September 30, 2024. Our balance sheet as of September 30, 2025 remains debt free.
  • Inventory as of September 30, 2025 was $238.8 million, a decrease of $1.2 million, or 1%, year-over-year, from the inventory balance of $240.0 million as of September 30, 2024.

Additional trend information regarding Revolve Group's third quarter of 2025 financial results and operating metrics is available in the Q3 2025 Financial Highlights presentation available on our investor relations website:  https://investors.revolve.com/events-and-presentations 

Results Since the End of the Third Quarter of 2025

Net sales in October 2025 increased by a mid-single digit percentage year-over-year.

2025 Business Outlook

Based on information available to us as of November 4, 2025, we are providing the following guidance for the fourth quarter and full year ending December 31, 2025.

Our outlook takes into account our assessment of the current macroeconomic environment and related cost pressures and potential headwinds to consumer spending, including, but not limited to, tariffs, inflationary pressures, supply chain disruptions and foreign currency volatility. Importantly, our outlook for gross margin is based on the current level of tariffs as of November 4, 2025 and our estimate of the impact of mitigating activities that we are currently undertaking or will undertake. However, actual gross margin will be particularly susceptible to variability based on the timing and level of tariffs that will ultimately be in effect during relevant periods, as well as the potential impact from mitigating activities that we are undertaking or may undertake.

Updated FY 2025 Outlook

Prior FY 2025 Outlook

Gross margin

53.5 %

52.1% to 52.6%

Fulfillment expenses

3.2% of net sales

3.1% to 3.2% of net sales

Selling and distribution expenses

17.3% of net sales

17.2% to 17.5% of net sales

Marketing expenses

14.6% of net sales

14.8% to 15.0% of net sales

General and administrative expenses

$153.5 million

$152 million to $154 million

Effective tax rate

27% to 28%

28% to 29%





Fourth Quarter 2025 Outlook


Gross margin

53.1% to 53.6%


Fulfillment expenses

3.3% of net sales


Selling and distribution expenses

17.6% of net sales


Marketing expenses

15.0% of net sales


General and administrative expenses

$38.7 million





Conference Call Information

Revolve Group management will host a call today at 4:30 pm ET / 1:30 pm PT to discuss today's results in more detail.  To participate, please dial (888) 596-4144 within the United States or (646) 968-2525 outside the United States approximately 10 minutes before the scheduled start of the call. The conference ID for the call is 2756104. The conference call will also be accessible, live via audio broadcast, on the Investor Relations section of the Revolve Group website at investors.revolve.com. A replay of the conference call will be available online at investors.revolve.com. In addition, an audio replay of the call will be available for one week following the call and can be accessed by dialing (800) 770-2030 within the United States or (609) 800-9909 outside the United States. The replay conference ID is 2756104.

Forward-Looking Statements

This press release contains ''forward-looking statements'' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding our growth prospects, market share gains and business initiatives, and our outlook for the fourth quarter and full year of 2025. Forward-looking statements include statements containing words such as "expect," "anticipate," "believe," "project," "will" and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on our current expectations. Forward-looking statements involve risks and uncertainties. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to changing economic conditions and their impact on consumer demand and our business; the effects of tariffs and our efforts to mitigate such effects; demand for our products; the investment in long-term initiatives such as international expansion, development of owned brands, AI technology and our physical retail stores; supply chain challenges; inflationary pressures; wars and conflicts in  Ukraine/Russia, Israel/Gaza and the Middle East; other geopolitical tensions; our fluctuating operating results; seasonality in our business; our ability to acquire products on reasonable terms; our e-commerce business model; our ability to attract customers in a cost effective manner; our ability to source goods in a cost effective manner; the strength of our brand; competition; fraud; system interruptions; our ability to fulfill orders; the impact of public health crises on our business, operations and financial results; the effect of claims, lawsuits, government investigations, other legal or regulatory proceedings or commercial or contractual disputes; and other risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the Securities and Exchange Commission, or SEC, including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2024 and our subsequent Quarterly Reports on Form 10-Q, including for the quarter ended September 30, 2025, which we expect to file with the SEC on November 4, 2025. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and we undertake no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

Use of Non-GAAP Financial Measures and Other Operating Metrics

To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: Adjusted EBITDA and free cash flow.      

The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. 

We use these non-GAAP financial measures to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses that may not be indicative of our ongoing core operating performance. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and when planning, forecasting, and analyzing future periods. 

For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release. We encourage reviewing the reconciliation in conjunction with the presentation of the non-GAAP financial measures for each of the periods presented. In future periods, we may exclude similar items, may incur income and expenses similar to these excluded items and may include other expenses, costs and non-recurring items. 

Definitions of our non-GAAP financial measures and other operating metrics are presented below.  

Adjusted EBITDA

Adjusted EBITDA is a non-GAAP financial measure that we calculate as net income before other income, net; taxes; and depreciation and amortization; adjusted to exclude the effects of equity-based compensation expense, certain transaction costs and certain non-routine items. Adjusted EBITDA is a key measure used by management to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA facilitates operating performance comparisons on a period-to-period basis and, in the case of exclusion of the impact of equity-based compensation, excludes an item that we do not consider to be indicative of our core operating performance.

Free Cash Flow

Free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used in purchases of property and equipment, and purchases of rental product, net of proceeds from the sale of rental product. We view free cash flow as an important indicator of our liquidity because it measures the amount of cash we generate. Free cash flow also reflects changes in working capital.

Active Customers

We define an active customer as a unique customer account from which a purchase was made across our platform at least once in the preceding 12-month period. In any particular period, we determine our number of active customers by counting the total number of customers who have made at least one purchase in the preceding 12-month period, measured from the last date of such period. We view the number of active customers as a key indicator of our growth, the reach of our sites, the value proposition and consumer awareness of our brand, the continued use of our sites by our customers and their desire to purchase our products.

Total Orders Placed

We define total orders placed as the total number of orders placed by our customers, prior to product returns, across our platform in any given period. We view total orders placed as a key indicator of the velocity of our business and an indication of the desirability of our products and sites to our customers. Total orders placed, together with average order value, is an indicator of the net sales we expect to recognize in a given period.

Average Order Value

We define average order value as the sum of the total gross sales from our sites in a given period, prior to product returns, divided by the total orders placed in that period. We believe our high average order value demonstrates the premium nature of our product assortment. Average order value varies depending on the site through which we sell merchandise, the mix of product categories sold, the number of units in each order, the percentage of sales at full price, and for sales at less than full price, the level of markdowns.

About Revolve Group, Inc.

Revolve Group, Inc. (NYSE: RVLV) is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted premium lifestyle brand and a go-to online source for discovery and inspiration, we deliver an engaging customer experience from a vast yet curated offering of apparel, footwear, accessories, beauty and home products. Our dynamic platform connects a deeply engaged community of millions of consumers, thousands of global fashion influencers and more than 1,000 emerging, established and owned brands.

We were founded in 2003 by our co-CEOs, Michael Mente and Mike Karanikolas. We sell merchandise through two complementary segments, REVOLVE and FWRD, that leverage one platform. Through REVOLVE, we offer an assortment of premium apparel, footwear, accessories and beauty products from emerging, established and owned brands. Through FWRD, we offer an assortment of curated and elevated iconic and emerging luxury brands. For more information, visit www.revolve.com. 

Contacts:

Investors:

Erik Randerson, CFA
562.677.9513
[email protected]

Media:

Karla Otto
[email protected]

REVOLVE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

(In thousands, except per share data)




Three Months Ended September 30,



Nine Months Ended September 30,




2025



2024



2025



2024


Net sales


$

295,631



$

283,146



$

901,311



$

836,183


Cost of sales



134,115




138,279




418,447




397,208


Gross profit



161,516




144,867




482,864




438,975


Operating expenses:













Fulfillment



9,839




9,268




29,025




27,933


Selling and distribution



51,705




47,930




155,455




146,810


Marketing



40,429




39,510




129,940




123,850


General and administrative



38,552




33,906




114,762




100,366


Total operating expenses



140,525




130,614




429,182




398,959


Income from operations



20,991




14,253




53,682




40,016


Other income, net



(7,310)




(192)




(5,290)




(9,784)


Income before income taxes



28,301




14,445




58,972




49,800


Provision for income taxes



7,122




3,694




16,376




12,799


Net income



21,179




10,751




42,596




37,001


Less: Net loss attributable to non-controlling interest



—




220




563




220


Net income attributable to Revolve Group, Inc. stockholders


$

21,179



$

10,971



$

43,159



$

37,221


Earnings per share of Class A and Class B
   common stock:













Basic


$

0.30



$

0.16



$

0.61



$

0.53


Diluted


$

0.29



$

0.15



$

0.60



$

0.52


Weighted average number of shares of Class A and
   Class B common stock outstanding:













Basic



71,302




70,673




71,282




70,802


Diluted



72,003




71,523




72,062




71,524


 

REVOLVE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

 (In thousands, except share and per share data)




September 30,



December 31,




2025



2024


Assets







Current assets:







Cash and cash equivalents


$

315,427



$

256,600


Accounts receivable, net



21,108




10,338


Inventory



238,833




229,244


Income taxes receivable



—




1,195


Prepaid expenses and other current assets



62,755




63,711


Total current assets



638,123




561,088


Property and equipment (net of accumulated depreciation of $25,109 and $22,230 as of
   September 30, 2025 and December 31, 2024, respectively)



13,578




8,937


Right-of-use lease assets



30,983




36,259


Intangible assets, net



2,309




2,294


Goodwill



2,042




2,042


Other assets



27,362




18,067


Deferred income taxes



36,860




36,860


Total assets


$

751,257



$

665,547


Liabilities and Stockholders' Equity







Current liabilities:







Accounts payable


$

61,992



$

45,098


Income taxes payable



2,349




4


Accrued expenses



42,871




38,524


Returns reserve



71,722




69,661


Current lease liabilities



10,223




9,066


Other current liabilities



46,825




33,744


Total current liabilities



235,982




196,097


Non-current lease liabilities



25,068




31,665


Total liabilities



261,050




227,762


Stockholders' equity:







Class A common stock, $0.001 par value; 1,000,000,000 shares authorized as of
   September 30, 2025 and December 31, 2024; 40,415,438 and 39,699,150 shares
   issued and outstanding as of September 30, 2025 and December 31, 2024,
   respectively



40




40


Class B common stock, $0.001 par value; 125,000,000 shares authorized as of
   September 30, 2025 and December 31, 2024; 30,918,796 and 31,501,330 shares
   issued and outstanding as of September 30, 2025 and December 31, 2024,
   respectively



31




32


Additional paid-in capital



140,601




133,046


Retained earnings



349,535




305,070


Non-controlling interest



—




(403)


Total stockholders' equity



490,207




437,785


Total liabilities and stockholders' equity


$

751,257



$

665,547


 

REVOLVE GROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

 (In thousands)




Nine Months Ended September 30,




2025



2024


Operating activities:







Net income


$

42,596



$

37,001


Adjustments to reconcile net income to net cash provided by operating
   activities:







Depreciation and amortization



3,395




3,501


Rental product depreciation



1,324




416


Gain on sale of rental product



(222)




—


Equity-based compensation



7,414




6,751


Loss on disposal of subsidiary



2,425




—


Bargain purchase gain



—




(1,883)


Changes in operating assets and liabilities:







Accounts receivable



(10,770)




878


Inventories



(10,541)




(33,704)


Income taxes receivable



1,195




(2,433)


Prepaid expenses and other current assets



968




(11,006)


Other assets



(8,362)




(459)


Accounts payable



17,429




12,567


Income taxes payable



2,345




674


Accrued expenses



4,504




(2,506)


Returns reserve



2,061




12,407


Right-of-use lease assets and current and non-current lease liabilities



1




(592)


Other current liabilities



13,821




1,162


Net cash provided by operating activities



69,583




22,774


Investing activities:







Purchases of property and equipment



(8,306)




(3,819)


Purchases of rental product



(3,569)




(2,781)


Proceeds from sale of rental product



1,330




—


Cash divested upon disposal of subsidiary



(1,657)




—


Cash paid for acquisition



—




(427)


Net cash used in investing activities



(12,202)




(7,027)


Financing activities:







Proceeds from the exercise of stock options, net of
   tax withholdings on share-based payment awards



141




890


Repurchases of Class A common stock



(2,024)




(11,876)


Net cash used in financing activities



(1,883)




(10,986)


Effect of exchange rate changes on cash and cash equivalents



3,329




2,631


Net increase in cash and cash equivalents



58,827




7,392


Cash and cash equivalents, beginning of period



256,600




245,449


Cash and cash equivalents, end of period


$

315,427



$

252,841


Supplemental disclosure of cash flow information:







Cash paid during the period for:







Income taxes, net of refund


$

12,981



$

14,339


Operating leases


$

9,201



$

7,185


Supplemental disclosure of non-cash activities:







Lease assets obtained in exchange for new operating lease liabilities


$

6,096



$

7,180


 

REVOLVE GROUP, INC. AND SUBSIDIARIES

SEGMENT INFORMATION

(Unaudited)


The following table summarizes our net sales, cost of sales and gross profit for each of our reportable segments (in thousands):




Three Months Ended September 30,



Nine Months Ended September 30,


Net sales


2025



2024



2025



2024


REVOLVE


$

254,646



$

243,421



$

777,462



$

718,545


FWRD



40,985




39,725




123,849




117,638


Total


$

295,631



$

283,146



$

901,311



$

836,183


Cost of sales













REVOLVE


$

111,540



$

111,945



$

345,631



$

321,502


FWRD



22,575




26,334




72,816




75,706


Total


$

134,115



$

138,279



$

418,447



$

397,208


Gross profit













REVOLVE


$

143,106



$

131,476



$

431,831



$

397,043


FWRD



18,410




13,391




51,033




41,932


Total


$

161,516



$

144,867



$

482,864



$

438,975



The following table lists net sales by geographic area (in thousands):




Three Months Ended September 30,



Nine Months Ended September 30,




2025



2024



2025



2024


United States


$

231,424



$

222,650



$

712,290



$

666,840


Rest of the world



64,207




60,496




189,021




169,343


Total


$

295,631



$

283,146



$

901,311



$

836,183


 

REVOLVE GROUP, INC. AND SUBSIDIARIES

KEY OPERATING AND FINANCIAL METRICS

(Unaudited)




Three Months Ended September 30,



Nine Months Ended September 30,




2025



2024



2025



2024




(in thousands, except average order value and percentages)


Gross margin



54.6

%



51.2

%



53.6

%



52.5

%

Adjusted EBITDA


$

25,347



$

17,503



$

67,533



$

51,244


Free cash flow


$

6,627



$

6,171



$

59,038



$

16,174


Active customers



2,747




2,628




2,747




2,628


Total orders placed



2,300




2,200




7,032




6,694


Average order value


$

306



$

303



$

300



$

303


 

REVOLVE GROUP, INC. AND SUBSIDIARIES

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(Unaudited)


A reconciliation of non-GAAP Adjusted EBITDA to net income for the three and nine months ended September 30, 2025 and 2024 is as follows:




Three Months Ended September 30,

Nine Months Ended September 30,




2025



2024



2025



2024




(in thousands)


Net income


$

21,179



$

10,751



$

42,596



$

37,001


Excluding:













Other income, net



(7,310)




(192)




(5,290)




(9,784)


Provision for income taxes



7,122




3,694




16,376




12,799


Depreciation and amortization



1,007




983




3,395




3,501


Equity-based compensation



2,357




2,098




7,414




6,751


Transaction costs(1)



—




169




900




494


Non-routine items(2)



992




—




2,142




482


Adjusted EBITDA


$

25,347



$

17,503



$

67,533



$

51,244




(1)

Includes legal and professional service fees related to potential and consummated strategic acquisitions and investments.

(2)

Non-routine items in the three and nine months ended September 30, 2025 primarily represent an accrual for certain pending legal matters. Non-routine items in the nine months ended September 30, 2024 represent an accrual and a charge for a previously disclosed and settled matter related to non-routine import and export fees.

 

A reconciliation of non-GAAP free cash flow to net cash provided by operating activities for the three and nine months ended September 30, 2025 and 2024 is as follows:




Three Months Ended September 30,



Nine Months Ended September 30,




2025



2024



2025



2024




(in thousands)


Net cash provided by operating activities


$

11,818



$

9,052



$

69,583



$

22,774


Purchases of property and equipment



(4,320)




(1,037)




(8,306)




(3,819)


Purchases of rental product, net of proceeds from the sale of rental product



(871)




(1,844)




(2,239)




(2,781)


Free cash flow


$

6,627



$

6,171



$

59,038



$

16,174


Net cash used in investing activities


$

(5,191)



$

(2,881)



$

(12,202)



$

(7,027)


Net cash provided by (used in) financing activities


$

215



$

(936)



$

(1,883)



$

(10,986)


 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/revolve-group-announces-third-quarter-2025-financial-results-302604429.html

SOURCE Revolve Group, Inc.


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