Revision proceeds editing. At this stage the author rewords the given current document so that it is easier to read, makes more sense, more clearly portrays their thoughts etc. The author makes sure that the overall document is in sync with the given thesis, its structure is satisfactory and there are no unsupported assertions or incongruent facts, etc.
Editing is the final stage in writing. The author/editor checks for spelling, grammar, consistent writing style, incorrect data or word usage etc.
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Editing is going back on your work and correcting mistakes you have made like spelling mistakes or grammar where as revising is going over your work and 're-learning' it, getting it into your memory so you remember.
When you edit, you go over grammar- spelling, punctuation, fragments and run-ons, that sort of thing. When you revise, you go over ideas- fact checking.