Revolution Beauty swings to £2m profit after £12.5m loss as turnaround gathers pace ahead of expectations
From the Newshound archive · first published 19 September 2026.

Revolution Beauty has reported adjusted EBITDA of at least £2m for its first half, a sharp reversal from the £12.5m loss posted in the same period last year. Online sales rose 22% year-on-year, and gross margins expanded by more than 10 percentage points. The board describes the group as currently trading "comfortably ahead of market expectations", with the seasonally stronger second half now under way.
Revolution has recorded positive EBITDA in every single month across the past 12 consecutive months.
Co-founders Adam Minto and Tom Allsworth, who returned to the business in 2026 after accounting scandals, are credited with driving the cost discipline behind the recovery.
Shares climbed as much as 12% on Thursday morning, with full interim results due on 27 October.
