If two revision numbers, separated by a colon, are passed via --revision (-r), then the two revisions are directly compared.

$ svn diff --revision 2:3 rules.txt 
Index: rules.txt
===================================================================
--- rules.txt	(revision 2)
+++ rules.txt	(revision 3)
@@ -1,4 +1,4 @@
 Be kind to others
-Freedom = Chocolate Ice Cream
+Freedom = Responsibility
 Everything in moderation
 Chew with your mouth open
$

Not only can you use svn diff to compare files in your working copy to the repository, but if you supply a URL argument, you can examine the differences between items in the repository without even having a working copy. This is especially useful if you wish to inspect changes in a file when you don't have a working copy on your local machine:

$ svn diff --revision 4:5 https://svn.red-bean.com/repos/example/trunk/text/rules.txt
…
$