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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
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):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Net sales

 

 

 

 

 

 

 

 

 

REVOLVE

 

$

970,517

 

 

$

904,525

 

 

$

921,676

 

FWRD

 

 

159,394

 

 

 

164,194

 

 

 

179,740

 

Total

 

$

1,129,911

 

 

$

1,068,719

 

 

$

1,101,416

 

 

Cost of sales

 

 

 

 

 

 

 

 

 

REVOLVE

 

$

435,918

 

 

$

412,708

 

 

$

407,091

 

FWRD

 

 

100,720

 

 

 

101,812

 

 

 

102,002

 

Total

 

$

536,638

 

 

$

514,520

 

 

$

509,093

 

 

Gross profit

 

 

 

 

 

 

 

 

 

REVOLVE

 

$

534,599

 

 

$

491,817

 

 

$

514,585

 

FWRD

 

 

58,674

 

 

 

62,382

 

 

 

77,738

 

Total

 

$

593,273

 

 

$

554,199

 

 

$

592,323

 

 

Schedule of Net Sales by Geographic Area

All of our long-lived assets and goodwill are located in the United States as of the years ended December 31, 2024, 2023 and 2022. The following table lists net sales by geographic area (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

United States

 

$

903,484

 

 

$

870,405

 

 

$

914,364

 

Rest of the world (1)

 

 

226,427

 

 

 

198,314

 

 

 

187,052

 

Total net sales

 

$

1,129,911

 

 

$

1,068,719

 

 

$

1,101,416

 

(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 and percentage of net sales by product category for the years ended December 31, 2024, 2023 and 2022 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Net Sales

 

 

 

 

 

 

 

 

 

Fashion Apparel

 

$

499,089

 

 

$

469,718

 

 

$

508,282

 

Dresses

 

 

331,414

 

 

 

315,237

 

 

 

332,358

 

Handbags, Shoes and Accessories

 

 

237,947

 

 

 

235,085

 

 

 

220,551

 

Beauty

 

 

48,989

 

 

 

41,612

 

 

 

32,618

 

Other (1)

 

 

12,472

 

 

 

7,067

 

 

 

7,607

 

Total net sales

 

$

1,129,911

 

 

$

1,068,719

 

 

$

1,101,416

 

 

 

 

 

 

 

 

 

 

 

As a percentage of net sales

 

 

 

 

 

 

 

 

 

Fashion Apparel

 

 

45

%

 

 

44

%

 

 

46

%

Dresses

 

 

29

%

 

 

29

%

 

 

30

%

Handbags, Shoes and Accessories

 

 

21

%

 

 

22

%

 

 

20

%

Beauty

 

 

4

%

 

 

4

%

 

 

3

%

Other (1)

 

 

1

%

 

 

1

%

 

 

1

%

Total net sales

 

 

100

%

 

 

100

%

 

 

100

%

(1)
Includes deferred revenue, shipping revenue, rental product revenue and other revenue.