Segment Information (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
Segment Reporting [Abstract] |
|
Summary of Net Sales, Cost of Sales and Gross Profit of Reportable Segments |
The following tables summarize our net sales, cost of sales and gross profit for each of our reportable segments (in thousands):
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Three Months Ended June 30, |
|
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Six Months Ended June 30, |
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Net sales |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
REVOLVE |
|
$ |
268,421 |
|
|
$ |
245,535 |
|
|
$ |
522,816 |
|
|
$ |
475,124 |
|
FWRD |
|
|
40,550 |
|
|
|
36,921 |
|
|
|
82,864 |
|
|
|
77,913 |
|
Total |
|
$ |
308,971 |
|
|
$ |
282,456 |
|
|
$ |
605,680 |
|
|
$ |
553,037 |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Cost of sales |
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|
|
|
|
|
|
|
|
|
|
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REVOLVE |
|
$ |
118,481 |
|
|
$ |
107,640 |
|
|
$ |
234,091 |
|
|
$ |
209,557 |
|
FWRD |
|
|
23,428 |
|
|
|
22,210 |
|
|
|
50,241 |
|
|
|
49,372 |
|
Total |
|
$ |
141,909 |
|
|
$ |
129,850 |
|
|
$ |
284,332 |
|
|
$ |
258,929 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Gross profit |
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|
|
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|
|
|
|
|
|
REVOLVE |
|
$ |
149,940 |
|
|
$ |
137,895 |
|
|
$ |
288,725 |
|
|
$ |
265,567 |
|
FWRD |
|
|
17,122 |
|
|
|
14,711 |
|
|
|
32,623 |
|
|
|
28,541 |
|
Total |
|
$ |
167,062 |
|
|
$ |
152,606 |
|
|
$ |
321,348 |
|
|
$ |
294,108 |
|
|
Schedule of Net Sales by Geographic Area |
The following table presents net sales by geographic area (in thousands):
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Three Months Ended June 30, |
|
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Six Months Ended June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
United States |
|
$ |
241,623 |
|
|
$ |
225,057 |
|
|
$ |
480,866 |
|
|
$ |
444,190 |
|
Rest of the world (1) |
|
|
67,348 |
|
|
|
57,399 |
|
|
|
124,814 |
|
|
|
108,847 |
|
Total |
|
$ |
308,971 |
|
|
$ |
282,456 |
|
|
$ |
605,680 |
|
|
$ |
553,037 |
|
(1) No individual country exceeded 10% of total net sales for any period presented.
|
Summary of Net Sales and Percentage of Net Sales by Product Category |
The following tables summarize net sales (in thousands) and percentage of net sales by product category for the three and six months ended June 30, 2025 and 2024:
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|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
Net Sales |
|
|
|
|
|
|
|
|
|
|
|
|
Fashion Apparel |
|
$ |
133,693 |
|
|
$ |
117,952 |
|
|
$ |
272,006 |
|
|
$ |
239,739 |
|
Dresses |
|
|
94,709 |
|
|
|
90,129 |
|
|
|
176,898 |
|
|
|
169,022 |
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Handbags, Shoes and Accessories |
|
|
62,978 |
|
|
|
60,186 |
|
|
|
122,967 |
|
|
|
116,153 |
|
Beauty |
|
|
12,887 |
|
|
|
11,119 |
|
|
|
26,163 |
|
|
|
23,556 |
|
Other (1) |
|
|
4,704 |
|
|
|
3,070 |
|
|
|
7,646 |
|
|
|
4,567 |
|
Total net sales |
|
$ |
308,971 |
|
|
$ |
282,456 |
|
|
$ |
605,680 |
|
|
$ |
553,037 |
|
|
|
|
|
|
|
|
|
|
|
|
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As a percentage of net sales |
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|
|
|
|
|
|
|
|
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Fashion Apparel |
|
|
43 |
% |
|
|
42 |
% |
|
|
45 |
% |
|
|
43 |
% |
Dresses |
|
|
31 |
% |
|
|
32 |
% |
|
|
29 |
% |
|
|
31 |
% |
Handbags, Shoes and Accessories |
|
|
20 |
% |
|
|
21 |
% |
|
|
20 |
% |
|
|
21 |
% |
Beauty |
|
|
4 |
% |
|
|
4 |
% |
|
|
5 |
% |
|
|
4 |
% |
Other (1) |
|
|
2 |
% |
|
|
1 |
% |
|
|
1 |
% |
|
|
1 |
% |
Total net sales |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
(1)Includes deferred revenue, shipping revenue, rental product revenue and other revenue.
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