Revolve Group, Inc. (RVLV) Earnings
Revolve Group, Inc. is expected to report next earnings on August 4, 2026 (in NaN days), with a consensus EPS estimate of $0.21. RVLV has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +69.4% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $0.18 | $0.20 | +11.1% | $343M | +4.3% |
| Feb 24, 2026 | $0.16 | $0.26 | +62.5% | $324M | -0.4% |
| Feb 25, 2025 | $0.09 | $0.17 | +88.9% | $294M | +3.7% |
| Feb 27, 2024 | $0.02 | $0.05 | +115.0% | $258M | +4.6% |
| Nov 1, 2023 | $0.10 | $0.04 | -60.0% | $258M | +1.0% |
| Aug 2, 2023 | $0.07 | $0.10 | +42.9% | $274M | -0.1% |
| May 3, 2023 | $0.15 | $0.19 | +26.7% | $280M | -3.8% |
| Feb 23, 2023 | $0.10 | $0.11 | +10.0% | $259M | +7.6% |
| Nov 2, 2022 | $0.09 | $0.16 | +77.8% | $269M | +4.0% |
| Aug 3, 2022 | $0.31 | $0.22 | -29.0% | $290M | -1.3% |
| May 3, 2022 | $0.27 | $0.30 | +11.1% | $283M | +10.7% |
| Feb 23, 2022 | $0.18 | $0.39 | +116.7% | $240M | +8.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Outstanding execution by the team led to strong first quarter results with net sales increasing 16% year-over-year. Diluted earnings per share increased 25% year over year. Core underlying business metrics show increased engagement with next-generation consumers. Longer-term initiatives like international expansion, AI use, and category diversification are progressing. Highlights include launch of Revolve Los Angeles, Revolve Festival, Grow Good Beauty partnership with Cardi B, and physical retail expansion.
Guidance
Net sales through April 2026 increased ~14% year over year. Second quarter 2026 gross margin expected between 54.1% - 54.6%, full year 2026 expected 53.5% - 54.0%. Fulfillment as % of net sales expected ~3.2% in second quarter 2026, full year 2026 3.2% - 3.4%. Selling and distribution as % of net sales expected ~17.5% in second quarter 2026, full year 2026 17.1% - 17.3%. Marketing investment expected ~15.7% of net sales in second quarter 2026, full year 2026 15.3% - 15.8%. G&A expense expected ~$43 million in second quarter 2026, full year 2026 $164 - $168 million. Effective tax rate expected 24% - 26% for full year 2026.
Segment performance
Net sales for the quarter were $343 million, an increase of 16% year over year. Revolve segment net sales increased 15% and Forward segment net sales increased 17% year-over-year. By territory, domestic net sales increased 15% and international net sales grew 20% year-over-year in the first quarter.
Risks & headwinds
Geopolitical uncertainty impacting Middle East market, input cost pressures (freight, materials), sustainability of return rate improvement, tariff risks and uncertainty on refunds, uncertainty in marketing investment effectiveness.
Analyst Q&A
Q: About gross margin decline at Revolve brand and shipping cost pressures.
A: Factors include full price mix trend, higher input costs on freight and materials.
Q: Strength of high value consumer at Revolve.
A: High value consumer segment is strong across Revolve and Forward but specific mix not disclosed.
Q: Trends by month and tax refunds impact.
A: Monthly growth positive, Middle East geopolitical uncertainty impacting April, tax refunds not a major material benefit.
Q: Operating expenses deleverage.
A: Investing in growth initiatives impacts expenses, but G&A could have more leverage if growth initiatives excluded.
Q: Revolve Los Angeles brand resources.
A: Revolve Los Angeles is start of multiple Revolve-oriented brands, attacking high margin categories.
Q: Full price mix change.
A: Full price mix fluctuates, not a significant shift, still in healthy zone.
Q: Input costs detail.
A: Input costs up on freight and materials, return rate improved with initiatives.
Q: Grow Good Beauty scale and Cardi B partnership.
A: Inventory limitation for Grow Good Beauty, apparel brand planned in future.
Q: Return rates and marketing expenses.
A: Return rates affected by category mix and initiatives, marketing expenses for strategic launches.
Q: Double-digit growth confidence.
A: Core growth drivers like category expansion, international, physical retail, brand partnerships provide growth confidence.
Q: $11 million minority investment and AOV.
A: Disciplined approach to investments, AOV up 1% due to ASP increase.
Q: Retail and AI impact.
A: Miami store insights on customer and demographics, AI impacts Q&A section, marketing collateral, virtual styling tools.
Q: Full price sales mix and active customers.
A: Full price mix fluctuates, active customers growth driven by new and existing customers.
Q: International region composition and tariffs.
A: International growth across major regions, Mexico a strong contributor; tariffs filed, timing TBD, not included in guidance