---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-004105"
form_type: "8-K"
ticker: "RVLV"
cik: "0001746618"
company_name: "Revolve Group, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:04:54.112298+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Revolve Q4 net income down 73% to $7.9M; full-year sales top $1B but profits fall 41%

## Summary
- Q4 net sales $259.2M (+8% YoY); net income $7.9M (-73%); diluted EPS $0.11 (-72%).
- Full-year net sales $1.1B (+24% YoY); net income $58.7M (-41%); adjusted EBITDA $90.2M (-21%).
- Active customers 2.34M (+27% YoY); record annual growth of 500K customers.
- Gross margin contracted: Q4 51.4% vs 54.8% YoY; full year 53.8% vs 55.0%.
- Cash $234.7M, no debt; inventory $215.2M (+26% YoY); Q1-to-date net sales up mid-single digit.

## SEC filing metadata
- accession: 0000950170-23-004105
- form_type: 8-K
- ticker: RVLV
- cik: 0001746618
- company_name: Revolve Group, Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/0000950170-23-004105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/rvlv-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-004105
- JSON: https://secwatch.observer/filing/0000950170-23-004105.json
- Plain text: https://secwatch.observer/filing/0000950170-23-004105.txt

## Key facts
- Earnings Releases
  Revolve Group, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $259,153, net income $7,868, EPS $0.11.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $259,153
  - Net income: $7,868
  - EPS: $0.11
  - Result: reported results
  source text: to continue to take market share.” Fourth Quarter 2022 Financial Summary Three Months Ended December 31, 2022 2021 YoY Change (in thousands, except percentages) Net sales $ 259,153 $ 239,805 8% Gross profit $ 133,288 $ 131,464 1% Gross margin 51.4 % 54.8 % Net income $ 7,868 $ 29,382 (73%) Adjusted EBITDA (non-GAAP financial measure) $ 14,137 $ 34,176 (59%)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/0000950170-23-004105-index.htm
- Earnings Releases
  Revolve Group, Inc. reported the fiscal year ended December 31, 2022 results: revenue $1,101,416, net income $58,697, EPS $0.79.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $1,101,416
  - Net income: $58,697
  - EPS: $0.79
  - Result: reported results
  source text: relations website at https://investors.revolve.com. Full Year 2022 Financial Summary Year Ended December 31, 2022 2021 YoY Change (in thousands, except percentages) Net sales $ 1,101,416 $ 891,390 24% Gross profit $ 592,323 $ 489,823 21% Gross margin 53.8 % 55.0 % Net income $ 58,697 $ 99,840 (41%) Adjusted EBITDA (non-GAAP financial measure) $ 90,234 $ 114,585
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/0000950170-23-004105-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.