Revolve Q2 2026: Net Income Surges 86% on 12% Sales Growth, Gross Margin Expands
RVLV sits 47% above its 52-week low of $17.35.
Summary
Revolve Group reported Q2 2026 net income of $18.6 million, up 86% year-over-year, on net sales of $347.4 million (+12%). Gross margin expanded to 56.6%, active customers grew to 3.04 million, and the company repurchased $9.9 million in shares.
Key Events · Earnings and Guidance · RVLV
-
Net Income Surges 86%
Driven by strong sales growth and margin expansion, Q2 2026 net income reached $18.6 million, up from $10.0 million in Q2 2025.
-
Sales Growth Broad-Based
Net sales rose 12% to $347.4 million, with the REVOLVE segment up 12.7% to $302.5 million and FWRD up 10.7% to $44.9 million. Active customers increased 11% to 3.04 million.
-
Gross Margin Expands 250 bps
Gross margin improved to 56.6% from 54.1%, aided by a $5.6 million IEEPA tariff refund recorded as a reduction in cost of sales, shallower markdowns, and favorable brand mix.
-
Share Repurchases Signal Confidence
During the quarter, the company repurchased 497,675 shares for $9.9 million at an average price of $19.98, retiring the shares.
Analysis · RVLV · Trade & Services
A standout quarter saw net income nearly double year-over-year to $18.6 million, propelled by a 12% increase in net sales to $347.4 million and a 250-basis-point gross margin expansion to 56.6%. The margin boost was aided by a $5.6 million tariff refund windfall, but underlying trends are strong: active customers grew 11% to over 3 million, and both the REVOLVE and FWRD segments posted double-digit sales growth. Signaling management confidence, the company also repurchased nearly half a million shares for $9.9 million. With $311.6 million in cash and no debt, Revolve is well-positioned to navigate tariff uncertainty and invest in growth initiatives like its new namesake label and beauty line.
How filings like this one have moved
In the 30 days to Sep 23, 2026, 29.1% of the 1683 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.32%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RVLV was trading at $25.43 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $17.35 to $31.68. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.