2023 Q4 Form 10-K Financial Statement

#000095017024021244 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $257.8M $1.069B
YoY Change -0.53% -2.97%
Cost Of Revenue $123.7M $514.5M
YoY Change -1.7% 1.07%
Gross Profit $134.0M $554.2M
YoY Change 0.57% -6.44%
Gross Profit Margin 52.0% 51.86%
Selling, General & Admin $128.5M $495.4M
YoY Change 5.41% 1.65%
% of Gross Profit 95.83% 89.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.342M $5.000M
YoY Change 5.5% 6.38%
% of Gross Profit 1.0% 0.9%
Operating Expenses $128.5M $532.1M
YoY Change 5.41% 2.48%
Operating Profit $5.586M $22.13M
YoY Change -51.06% -69.74%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $2.677M $15.63M
YoY Change -1013.65% 349.57%
Pretax Income $4.876M $37.76M
YoY Change -52.96% -50.71%
Income Tax $1.382M $9.614M
% Of Pretax Income 28.34% 25.46%
Net Earnings $3.494M $28.15M
YoY Change -55.59% -52.05%
Net Earnings / Revenue 1.36% 2.63%
Basic Earnings Per Share $0.39
Diluted Earnings Per Share $0.05 $0.38
COMMON SHARES
Basic Shares Outstanding 72.96M
Diluted Shares Outstanding 73.58M

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $245.4M $245.4M
YoY Change 4.57% 4.57%
Cash & Equivalents $245.4M $245.4M
Short-Term Investments
Other Short-Term Assets $65.52M $65.52M
YoY Change 9.43% 9.43%
Inventory $203.6M $203.6M
Prepaid Expenses
Receivables $12.41M $12.41M
Other Receivables $1.625M $1.625M
Total Short-Term Assets $528.6M $528.6M
YoY Change 2.0% 2.0%
LONG-TERM ASSETS
Property, Plant & Equipment $7.763M $44.20M
YoY Change -13.11% 38.58%
Goodwill $2.000M
YoY Change 0.0%
Intangibles $3.075M
YoY Change 18.27%
Long-Term Investments
YoY Change
Other Assets $2.172M $32.18M
YoY Change 169.14% 25.88%
Total Long-Term Assets $80.30M $80.30M
YoY Change 31.42% 31.42%
TOTAL ASSETS
Total Short-Term Assets $528.6M $528.6M
Total Long-Term Assets $80.30M $80.30M
Total Assets $608.9M $608.9M
YoY Change 5.1% 5.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.82M $47.82M
YoY Change -5.84% -5.84%
Accrued Expenses $40.71M $47.58M
YoY Change 6.4% 7.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $189.6M $189.6M
YoY Change 4.71% 4.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $34.13M $34.13M
YoY Change 82.89% 82.89%
Total Long-Term Liabilities $34.13M $34.13M
YoY Change 82.89% 82.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $189.6M $189.6M
Total Long-Term Liabilities $34.13M $34.13M
Total Liabilities $223.7M $223.7M
YoY Change 12.02% 12.02%
SHAREHOLDERS EQUITY
Retained Earnings $268.4M
YoY Change -0.3%
Common Stock $116.7M
YoY Change 5.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $385.1M $385.1M
YoY Change
Total Liabilities & Shareholders Equity $608.9M $608.9M
YoY Change 5.1% 5.1%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $3.494M $28.15M
YoY Change -55.59% -52.05%
Depreciation, Depletion And Amortization $1.342M $5.000M
YoY Change 5.5% 6.38%
Cash From Operating Activities -$3.876M $43.34M
YoY Change -64.81% 84.94%
INVESTING ACTIVITIES
Capital Expenditures $1.084M $4.198M
YoY Change -14.17% -18.75%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.084M -$4.198M
YoY Change -14.17% -18.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $30.91M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.28M -30.38M
YoY Change -4774.94% -3524.69%
NET CHANGE
Cash From Operating Activities -3.876M 43.34M
Cash From Investing Activities -1.084M -4.198M
Cash From Financing Activities -18.28M -30.38M
Net Change In Cash -23.24M 10.73M
YoY Change 95.5% -34.08%
FREE CASH FLOW
Cash From Operating Activities -$3.876M $43.34M
Capital Expenditures $1.084M $4.198M
Free Cash Flow -$4.960M $39.14M
YoY Change -59.6% 114.26%

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IncreaseDecreaseCustomerRefundLiabilityCurrent
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CY2021 rvlv Increase Decrease Customer Refund Liability Current
IncreaseDecreaseCustomerRefundLiabilityCurrent
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CY2023 rvlv Right Of Use Lease Assets And Current And Non Current Lease Liabilities
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CY2022 rvlv Right Of Use Lease Assets And Current And Non Current Lease Liabilities
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CY2021 rvlv Right Of Use Lease Assets And Current And Non Current Lease Liabilities
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CY2023 us-gaap Increase Decrease In Other Current Liabilities
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CY2022 us-gaap Increase Decrease In Other Current Liabilities
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CY2021 us-gaap Increase Decrease In Other Current Liabilities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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23436000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5167000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2195000
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Proceeds From Stock Options Exercised
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536000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
887000
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12766000
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30913000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30377000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
887000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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12766000
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
72442000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
245449000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
218455000
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12995000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23031000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3014000
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7012000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
5858000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
5321000
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RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
20452000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
21938000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1440000
CY2023 us-gaap Nature Of Operations
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<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Note 1. Description of Business</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Revolve Group, Inc., or REVOLVE, is an online fashion retailer for Millennial and Generation Z consumers. Through our websites and mobile apps we deliver an aspirational customer experience from a vast yet curated offering. Our dynamic platform connects a deeply engaged community of consumers, global fashion influencers, and a broad yet curated collection of brands. We are headquartered in Los Angeles County, California.</span></p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-left:4.533%;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include: the allowance for sales returns, the valuation of deferred tax assets, inventory, equity‑based compensation, valuation of goodwill, reserves for income tax uncertainties and other contingencies, and breakage of store credit and gift cards.</span>
CY2023 rvlv Loyalty Program Description
LoyaltyProgramDescription
Loyalty Club program within the REVOLVE and FWRD segments. Eligible customers who enroll in the program will generally earn points for every dollar spent and will automatically receive a $20 reward once they earn 2,000 points
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RewardAmountPerTwoThousandRewardPoint
20
CY2023 rvlv Number Of Reward Point
NumberOfRewardPoint
2000
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63381000
CY2021Q4 us-gaap Customer Refund Liability Current
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49296000
CY2020Q4 us-gaap Customer Refund Liability Current
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25602000
CY2023 rvlv Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
1505490000
CY2022 rvlv Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
1396396000
CY2021 rvlv Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
870445000
CY2023 rvlv Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
1505889000
CY2022 rvlv Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
1410481000
CY2021 rvlv Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
894139000
CY2023Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
63780000
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
63381000
CY2021Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
49296000
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
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CY2022Q4 us-gaap Goodwill
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0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023 rvlv Minimum Percentage Of Likelihood Of Realization Of Deferred Tax Assets And Liabilities
MinimumPercentageOfLikelihoodOfRealizationOfDeferredTaxAssetsAndLiabilities
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CY2022Q4 us-gaap Goodwill
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CY2023 us-gaap Goodwill Impairment Loss
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0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
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0
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CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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2544000
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1875000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1600000
CY2023Q4 us-gaap Indefinite Lived Trademarks
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1200000
CY2022Q4 us-gaap Indefinite Lived Trademarks
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CY2023 us-gaap Amortization Of Intangible Assets
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100000
CY2022 us-gaap Amortization Of Intangible Assets
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100000
CY2021 us-gaap Amortization Of Intangible Assets
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100000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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188000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
179000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
163000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
144000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
133000
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
242000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1049000
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25757000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22015000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17994000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13081000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7763000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8934000
CY2023 us-gaap Depreciation
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CY2022 us-gaap Depreciation
Depreciation
4700000
CY2021 us-gaap Depreciation
Depreciation
4400000
CY2023 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
Operating leases with a term greater than one year are recorded on the consolidated balance sheets as right-of-use lease assets and lease liabilities at the commencement date.
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
8991000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2021 us-gaap Operating Lease Cost
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CY2023 us-gaap Short Term Lease Cost
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CY2022 us-gaap Short Term Lease Cost
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119000
CY2021 us-gaap Short Term Lease Cost
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CY2022 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
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247000
CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
LeaseCost
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CY2021 us-gaap Lease Cost
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1955000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
49926000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8937000
CY2023Q4 us-gaap Operating Lease Liability
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40989000
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.085
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05
CY2023Q1 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
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CY2023Q4 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
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CY2023 rvlv Expected Cash Payments For Litigation Settlements
ExpectedCashPaymentsForLitigationSettlements
2600000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
31942000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
66966000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
94770000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5819000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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9650000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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9958000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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37761000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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76616000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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104728000
CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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-2853000
CY2023 rvlv Current And Deferred Federal Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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4740000
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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-2398000
CY2023 rvlv Current And Deferred State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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1367000
CY2023 rvlv Current And Deferred Foreign Tax Expense Benefit
CurrentAndDeferredForeignTaxExpenseBenefit
1367000
CY2023 us-gaap Current Income Tax Expense Benefit
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14865000
CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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9614000
CY2022 us-gaap Current Federal Tax Expense Benefit
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16480000
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CY2022 rvlv Current And Deferred Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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5300000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 rvlv Current And Deferred State And Local Tax Expense Benefit
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3854000
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1834000
CY2022 rvlv Current And Deferred Foreign Tax Expense Benefit
CurrentAndDeferredForeignTaxExpenseBenefit
1834000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23614000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5695000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17919000
CY2021 us-gaap Current Federal Tax Expense Benefit
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6233000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 rvlv Current And Deferred Federal Tax Expense Benefit
CurrentAndDeferredFederalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2021 rvlv Current And Deferred State And Local Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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1892000
CY2021 rvlv Current And Deferred Foreign Tax Expense Benefit
CurrentAndDeferredForeignTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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10133000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4888000
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16689000
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16050000
CY2023Q4 rvlv Deferred Tax Assets Uniform Capitalization
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6081000
CY2022Q4 rvlv Deferred Tax Assets Uniform Capitalization
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5219000
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2022Q4 us-gaap Deferred Tax Assets Investments
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
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CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
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CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
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1332000
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
781000
CY2023Q4 rvlv Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
11511000
CY2022Q4 rvlv Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
6606000
CY2023Q4 rvlv Deferred Tax Assets Net Operating Loss
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24000
CY2022Q4 rvlv Deferred Tax Assets Net Operating Loss
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28000
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
48408000
CY2022Q4 us-gaap Deferred Tax Assets Gross
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38230000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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23000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
27000
CY2023Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Fdii Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Fdii Percent
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EffectiveIncomeTaxRateContinuingOperations
0.047
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0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.043
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.024
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.24
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
100000
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17600000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023 us-gaap Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
During the years ended December 31, 2023, 2022 and 2021, no customer represented over 10% of net sales.
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1068719000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 us-gaap Gross Profit
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CY2022 us-gaap Gross Profit
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CY2021 us-gaap Gross Profit
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q4 rvlv Accrued Selling And Distribution Current
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3927000
CY2022Q4 rvlv Accrued Selling And Distribution Current
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3550000
CY2023Q4 us-gaap Other Accrued Liabilities Current
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10654000
CY2022Q4 us-gaap Other Accrued Liabilities Current
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CY2023Q4 us-gaap Accrued Liabilities Current
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CY2022Q4 us-gaap Accrued Liabilities Current
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38266000
CY2023Q4 rvlv Store Credit Current
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13389000
CY2022Q4 rvlv Store Credit Current
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CY2023Q4 rvlv Loyalty Club Liability Current
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5530000
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4405000
CY2023Q4 rvlv Accrued Liabilities For Gift Card
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4489000
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3955000
CY2023Q4 us-gaap Other Sundry Liabilities Current
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7034000
CY2022Q4 us-gaap Other Sundry Liabilities Current
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2249000
CY2023Q4 us-gaap Other Liabilities Current
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CY2022Q4 us-gaap Other Liabilities Current
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CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
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CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
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CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
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