NYSE$RVLV

Revolve Group Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Revolve Group reported strong fourth quarter and full year 2024 financial results, with double-digit top-line growth and significant increases in net income and Adjusted EBITDA.

Revolve Group delivered an outstanding fourth quarter in 2024, marked by a 14% year-over-year increase in net sales to $293.7 million, and a more than doubling of net income and Adjusted EBITDA. The company also reported strong full-year results with net sales of $1.13 billion and net income of $48.8 million.

  • Net sales increased by 14% year-over-year to $293.7 million in Q4 2024.
  • Net income more than doubled, increasing by 237% year-over-year to $11.77 million in Q4 2024.
  • Adjusted EBITDA increased by 114% year-over-year to $18.272 million in Q4 2024.
  • Gross profit increased by 15% year-over-year to $154.298 million, with gross margin expanding to 52.5% in Q4 2024.

Headline financials

Total Revenue

$294M

Previous: $258M+13.9%
EPS (adj)

$0.17

Previous: $0.05+240.0%
Capital Expenditures

-$2.09M

Previous: -$1.08M-92.5%
Free Cash Flow

$1.83M

Previous: -$4.96M+136.9%
Net Income

$11.8M

Previous: $3.49M+236.9%
Operating Income

$11.4M

Previous: $2.2M+418.5%
Gross Profit

$154M

Previous: $134M+15.1%
R&D Expense

$0.00

No prior period

Revenue & EPS history

Revolve · Revenue · Quarterly

$294M

Q4 2024+13.9%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Revolve · $218M total across 1 segment · Q3 2023

  • REVOLVE Segment
    $218M-2.0%

Forward guidance

Revolve Group provided guidance for the full year ending December 31, 2025, and the first quarter ending March 31, 2025, anticipating continued growth and efficiency gains.

Tailwinds

  • FY 2025 Gross margin expected to be between 52.4% and 52.9%.
  • Q1 2025 Gross margin expected to be between 52.2% and 52.7%.
  • FY 2025 General and administrative expenses projected to be $155 million to $158 million.
  • Q1 2025 General and administrative expenses projected to be $39.5 million.
  • FY 2025 Effective tax rate expected to be between 24% and 26%.

Headwinds

  • FY 2025 Fulfillment expenses expected to be 3.0% to 3.2% of net sales.
  • FY 2025 Selling and distribution expenses expected to be 17.0% to 17.2% of net sales.
  • FY 2025 Marketing expenses expected to be 14.9% to 15.1% of net sales.
  • Q1 2025 Fulfillment expenses expected to be 3.2% of net sales.
  • Q1 2025 Selling and distribution expenses expected to be 17.4% of net sales.

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 2024

Historical avgQ4 2024

-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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