Revolve Group Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
RVLV$20.18+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $245,449 | $234,724 |
| Accounts receivable, net | 12,405 | 5,421 |
| Inventory | 203,587 | 215,224 |
| Income taxes receivable | 1,625 | 2,974 |
| Prepaid expenses and other current assets | 65,523 | 59,874 |
| Total current assets | 528,589 | 518,217 |
| Property and equipment (net of accumulated depreciation of $17,994 and $13,081 as of December 31, 2023 and December 31, 2022, respectively) | 7,763 | 8,934 |
| Right-of-use lease assets | 36,440 | 22,964 |
| Intangible assets, net | 1,875 | 1,600 |
| Goodwill | 2,042 | 2,042 |
| Other assets | 2,172 | 807 |
| Deferred income taxes, net | 30,005 | 24,754 |
| Total assets | $608,886 | $579,318 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $47,821 | $50,789 |
| Income taxes payable | — | 229 |
| Accrued expenses | 40,714 | 38,266 |
| Returns reserve | 63,780 | 63,381 |
| Current lease liabilities | 6,863 | 5,844 |
| Other current liabilities | 30,442 | 22,577 |
| Total current liabilities | 189,620 | 181,086 |
| Non-current lease liabilities | 34,126 | 18,659 |
| Total liabilities | 223,746 | 199,745 |
| Stockholders’ equity: | ||
| Class A common stock, $0.001 par value; 1,000,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 38,693,589 and 40,766,510 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively. | 39 | 41 |
| Class B common stock, $0.001 par value; 125,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 32,597,119 and 32,597,119 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively. | 33 | 33 |
| Additional paid-in capital | 116,713 | 110,338 |
| Retained earnings | 268,355 | 269,161 |
| Total stockholders’ equity | 385,140 | 379,573 |
| Total liabilities and stockholders’ equity | $608,886 | $579,318 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.