Revolve Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	61.71	49.56	28.15	58.7	99.84
Depreciation & Amortization	6.39	5.17	5.09	4.79	4.51
Loss (Gain) From Sale of Assets	2.13	-	-	-	-
Stock-Based Compensation	10.57	10.03	5.84	5.86	4.79
Other Operating Activities	-3.46	-7.64	-5.25	-5.7	-5.25
Change in Accounts Receivable	-6.22	2.07	-6.98	-0.78	-0.02
Change in Inventory	-23.55	-24.79	11.64	-43.97	-75.99
Change in Accounts Payable	11.85	-2.72	-2.97	-3.56	15.01
Change in Income Taxes	0.83	0.43	1.12	0.63	7.12
Change in Other Net Operating Assets	-0.84	-5.4	6.71	7.45	12.3
Operating Cash Flow	59.4	26.69	43.34	23.44	62.31
Operating Cash Flow Growth	122.52%	-38.41%	84.94%	-62.39%	-15.53%
Capital Expenditures	-11.41	-5.65	-4.2	-5.17	-2.2
Cash Acquisitions	-	-0.43	-	-	-
Divestitures	-1.66	-	-	-	-
Other Investing Activities	-1.81	-3.04	-	-	-
Investing Cash Flow	-14.87	-9.11	-4.2	-5.17	-2.2
Issuance of Common Stock	0.64	6.42	0.54	0.89	12.77
Repurchase of Common Stock	-2.02	-11.78	-30.91	-	-
Financing Cash Flow	-1.39	-5.36	-30.38	0.89	12.77
Foreign Exchange Rate Adjustments	3.46	-1.06	1.96	-2.89	-0.44
Net Cash Flow	46.6	11.15	10.73	16.27	72.44
Free Cash Flow	47.99	21.04	39.14	18.27	60.12
Free Cash Flow Growth	128.06%	-46.24%	114.27%	-69.61%	-15.86%
Free Cash Flow Margin	3.91%	1.86%	3.66%	1.66%	6.74%
Free Cash Flow Per Share	0.67	0.29	0.53	0.24	0.81
Cash Income Tax Paid	22.77	22.2	13	23.03	3.01
Levered Free Cash Flow	37.43	26.85	34.86	11.82	33.2
Unlevered Free Cash Flow	37.43	26.85	34.86	11.82	33.2
Change in Working Capital	-17.94	-30.42	9.51	-40.22	-41.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.