← Revolve Group, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $5.0m |
$30.6m
+512.76%
|
$35.7m
+16.41%
|
$56.8m
+59.22%
|
$99.8m
+75.81%
|
$58.7m
-41.21%
|
$28.1m
-52.05%
|
$48.8m
+73.27%
|
$61.1m
+25.37%
|
$72.1m
+17.93%
|
|
| Depreciation and amortization | $2.8m | $2.9m | $4.0m | $4.8m | $4.5m | $4.8m | $5.1m | $4.4m | $4.6m | $7.2m | |
| Rental product depreciation | — | — | — | — | — | — | — | $736k | $1.8m | — | |
| Deferred income taxes, net | $3.6m | ($3.8m) | ($1.6m) | $1.5m | ($5.2m) | ($5.7m) | ($5.3m) | ($6.9m) | ($2.9m) | ($2.9m) | |
| Accounts receivable | $489k | $361k | $586k | $130k | ($18k) | ($782k) | ($7.0m) | $2.1m | ($6.2m) | ($17.0m) | |
| Inventories | ($7.0m) | ($26.0m) | ($15.6m) | $9.0m | ($76.0m) | ($44.0m) | $11.6m | ($24.8m) | ($23.6m) | ($54.7m) | |
| Accounts payable | $751k | $2.4m | $9.6m | $9.5m | $15.0m | ($3.6m) | ($3.0m) | ($2.7m) | $11.8m | $30.4m | |
| Accrued expenses | $6.3m | $5.6m | $1.0m | $5.3m | $9.2m | $4.4m | $2.4m | ($2.2m) | $5.9m | $6.6m | |
| Prepaid expenses and other current assets | ($3.1m) | ($3.4m) | $1.7m | $3.8m | ($22.2m) | ($17.8m) | ($5.6m) | $1.8m | ($10.0m) | — | |
| Other assets | ($13k) | ($517k) | $89k | $142k | ($2.2m) | $1.9m | ($1.4m) | ($13.6m) | ($11.4m) | — | |
| Other current liabilities | $4.2m | $2.3m | $4.0m | ($919k) | $4.4m | $3.7m | $7.9m | $2.8m | $8.0m | $13.5m | |
| Net cash provided by operating activities | $16.5m |
$26.7m
+61.75%
|
$46.1m
+72.79%
|
$73.8m
+60.18%
|
$62.3m
-15.53%
|
$23.4m
-62.39%
|
$43.3m
+84.94%
|
$26.7m
-38.42%
|
$59.4m
+122.52%
|
$42.8m
-27.88%
|
|
| Purchases of property and equipment | ($2.3m) | ($3.0m) | ($12.5m) | ($2.3m) | ($2.2m) | ($5.2m) | ($4.2m) | ($5.6m) | ($11.4m) | ($15.2m) | |
| Net cash used in investing activities | ($2.3m) | ($3.0m) | ($12.5m) | ($2.3m) | ($2.2m) | ($5.2m) | ($4.2m) | ($9.1m) | ($14.9m) | ($29.6m) | |
| Repurchases of Class A common stock | — | — | ($40.8m) | — | — | — | ($30.9m) | ($11.8m) | ($2.0m) | — | |
| Net cash used in financing activities | ($15.1m) |
($17.6m)
-16.80%
|
$15.2m
+186.14%
|
$8.7m
-42.95%
|
$12.8m
+47.41%
|
$887k
-93.05%
|
($30.4m)
-3524.69%
|
($5.4m)
+82.35%
|
($1.4m)
+74.14%
|
($9.5m)
-586.73%
|
|
| Cash, cash equivalents and restricted cash, beginning of year | $10.6m | $16.4m | $65.4m | $146.0m | $218.5m | $234.7m | $245.4m | $256.6m | $303.2m | — | |
| Effect of exchange rate changes on cash and cash equivalents | — | ($208k) | $268k | $486k | ($442k) | ($2.9m) | $2.0m | ($1.1m) | $3.5m | ($2.8m) | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Gain on sale of rental product | — | — | — | — | — | — | — | — | ($294k) | — | |
| Equity-based compensation | $911k | $1.4m | $2.1m | $3.4m | $4.8m | $5.9m | $5.8m | $10.0m | $10.6m | — | |
| Loss on disposal of subsidiary | — | — | — | — | — | — | — | — | $2.4m | — | |
| Income taxes receivable | ($3.4m) | $3.7m | ($761k) | ($9.9m) | $7.3m | $401k | $1.3m | $430k | ($522k) | — | |
| Income taxes payable | — | $917k | ($447k) | ($275k) | ($195k) | $229k | ($229k) | $4k | $1.4m | — | |
| Returns reserve | $5.8m | $10.2m | $5.9m | ($9.5m) | $23.7m | $14.1m | $399k | $5.9m | $7.3m | — | |
| Right-of-use lease assets and lease liabilities | — | — | — | — | ($448k) | $1.2m | $3.0m | ($77k) | ($684k) | — | |
| Purchases of rental product | — | — | — | — | — | — | — | ($3.0m) | ($3.6m) | — | |
| Proceeds from sale of rental product | — | — | — | — | — | — | — | — | $1.8m | — | |
| Cash divested upon disposal of subsidiary | — | — | — | — | — | — | — | — | ($1.7m) | — | |
| Cash paid for acquisition | — | — | — | — | — | — | — | ($427k) | — | — | |
| Proceeds from the exercise of stock options, net | — | — | $752k | $8.7m | $12.8m | $887k | $536k | $6.4m | $637k | — | |
| Net increase in cash and cash equivalents | ($869k) | $5.8m | $49.0m | $80.6m | $72.4m | $16.3m | $10.7m | $11.2m | $46.6m | — | |
| Interest | $668k | $87k | — | $342k | — | — | — | — | — | $0 | |
| Income taxes, net of refund | $13.9m | $9.7m | $14.3m | $11.9m | $3.0m | $23.0m | $13.0m | $22.2m | $22.8m | — | |
| Operating leases | — | — | — | $4.6m | $5.3m | $5.9m | $7.0m | $9.3m | $12.9m | — | |
| Lease assets obtained in exchange for new operating lease liabilities | — | — | — | — | $1.4m | $21.9m | $20.5m | $7.2m | $6.1m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.