Revolve Group Q1 Sales Rise 16% to $342.9M, EPS Up 25%
Revolve Group reported Q1 net sales of $342.9 million, up 16% year-over-year, and EPS rose 25% with operating cash flow of $49 million. Active customers grew 8% to 2.926 million and the company launched its REVOLVE Los Angeles label, Grow-Good beauty line with Cardi B, and leased a Miami store.
1. First Quarter Earnings Results
Revolve Group delivered net sales of $342.9 million in the quarter ended March 31, 2026, a 16% increase year-over-year, alongside gross profit of $180.6 million, up 17%. Net income rose 21% to $13.8 million, adjusted EBITDA reached $21.1 million, and operating cash flow totaled $49.4 million.
2. Customer and Order Trends
Trailing 12-month active customers climbed 8% to 2.926 million, marking the highest growth rate in over two years. Total orders placed increased 12% to 2.581 million, while average order value edged up 1% to $298.
3. Key Growth Initiatives
The company launched its first namesake label, REVOLVE Los Angeles, and introduced Grow-Good beauty products in partnership with Cardi B, which sold out within an hour and attracted over 640,000 Instagram followers. Additionally, Revolve signed a lease for a Miami retail location, slated to open by the end of 2026.