Revolve Group reported a significant surge in fourth-quarter earnings, with net sales increasing by 14 per cent year-over-year to US $ 293.7 million. Net income experienced a dramatic 237 per cent jump to US $ 11.8 million. The company’s adjusted EBITDA more than doubled, rising 114 per cent to US $ 18.3 million.
Revolve saw double-digit growth across its Revolve and FWRD segments, as well as in both domestic and international markets. The company also expanded its active customer base by 40,000, bringing the total to 2,668,000. Gross margins improved to 52.5 per cent, largely driven by growth in the FWRD segment.
Revolve reported a strong start to 2025, with net sales up by a high single-digit percentage in the first seven weeks. The company is focused on long-term growth through strategic investments in its owned brands, AI technology, and the potential expansion into physical retail.
Co-founder and co-CEO Michael Mente emphasized that these initiatives are aimed at driving profitable growth and increasing market share.
