NYSE$RVLV

Revolve Group Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full year ended December 31, 2022.

Revolve Group's Q4 2022 net sales increased by 8% year-over-year to $259.2 million, with active customers growing by 27% to 2.34 million. However, net income decreased by 73% to $7.9 million, and adjusted EBITDA decreased by 59% to $14.1 million.

  • Net sales increased by 8% year-over-year, reaching $259.2 million.
  • Active customers grew by 27% year-over-year, totaling 2.34 million.
  • Net income decreased by 73% year-over-year, amounting to $7.9 million.
  • Adjusted EBITDA decreased by 59% year-over-year, totaling $14.1 million.

Headline financials

Total Revenue

$259M

Previous: $240M+8.1%
EPS (adj)

$0.11

Previous: $0.39-71.8%
Gross Margin

51.4%

Previous: 54.8%-6.2%
Active Customers

2.3M

Previous: 1.8M+27.2%
Total Orders Placed

2.0M

Previous: 1.8M+11.3%
Average Order Value

$306.00

Previous: $292.00+4.8%
Capital Expenditures

$1.26M

Previous: $427K+195.8%
Free Cash Flow

-$12.3M

Previous: -$6.53M-88.2%
Net Income

$7.87M

Previous: $29.4M-73.2%
Operating Income

$10.7M

Previous: $31.9M-66.6%
Gross Profit

$133M

Previous: $131M+1.4%
Cash & Equivalents

$235M

Previous: $218M+7.4%
Total Assets

$579M

Previous: $480M+20.6%
Stock-Based Comp

$1.45M

Previous: $1.12M+29.4%

Revenue & EPS history

Revolve · Revenue · Quarterly

$259M

Q4 2022+8.1%vs Q4 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Revolve · $217M total across 1 segment · Q4 2022

  • REVOLVE Segment
    $217M+8.6%

Forward guidance

During the first seven weeks of the first quarter of 2023 ending on March 31, 2023 (January 1, 2023 to February 18, 2023), net sales increased by a mid-single digit percentage year-over-year during the period.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.5%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-4.7%

Avg return

30 days after

38%

12 / 32 earnings

Positive

+31.7%

Q3 2024

Best reaction

-19.3%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-11.0%-17.6%
Q4 2025-5.4%-7.0%-15.4%
Q3 2025+12.2%+10.9%+30.0%
Q1 2025-9.6%+4.5%+17.6%
Q4 2024-5.0%-11.7%-21.4%
Q3 2024+31.7%+24.5%+43.1%
Q2 2024+30.8%+26.2%+21.2%
Q1 2024+4.6%+2.9%-13.5%
Q4 2023+25.8%+33.9%+24.7%
Q3 2023-2.9%-3.1%+5.9%
Q2 2023-7.5%-6.7%-21.3%
Q1 2023-7.8%-8.1%-17.6%
Q4 2022+1.1%+6.3%-1.2%
Q3 2022-3.4%-11.3%+20.5%
Q2 2022-8.2%+2.7%-19.1%
Q1 2022-16.0%-25.0%-29.6%
Q4 2021-1.6%-9.7%+3.4%
Q3 2021+6.2%+12.5%-9.0%
Q2 2021-17.4%-11.1%-17.8%
Q1 2021+9.8%-5.3%+6.7%
Q4 2020+8.3%+25.8%+20.4%
Q3 2020-3.8%-4.5%+10.2%
Q2 2020+27.6%+17.2%-4.8%
Q1 2019-8.4%-6.9%+3.2%
Q1 2020+3.0%-6.8%+4.3%
Q4 2017-19.3%-18.4%-57.0%
Q4 2019-11.0%-13.6%-51.3%
Q3 2019-16.9%-21.1%-14.9%
Q3 2018-16.9%-21.1%-14.9%
Q4 2018-1.4%-9.3%-4.1%
Q2 2018-1.4%-9.3%-4.1%
Q2 2019-12.9%-14.1%-25.9%
Q1 2018
Q3 2017
Q2 2017
Q1 2017

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