Arhaus, Inc. income statement
In fiscal 2025, Arhaus, Inc. reported revenue of $1.38bn, up 8.5% on the year before, operating income of $88.9m (a 6.4% margin) and net income of $67.3m, or $0.48 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 495 | 507 | 797 | 1,229 | 1,288 | 1,271 | 1,379 | 1,409 |
| Cost of revenue | 319 | 308 | 467 | 704 | 747 | 770 | 843 | 849 |
| Gross profit | 176 | 200 | 330 | 525 | 540 | 501 | 536 | 559 |
| Selling, general and administrative | 146 | 169 | 296 | 340 | 376 | 415 | 447 | 466 |
| Operating income | 30 | 31 | 33 | 185 | 164 | 87 | 89 | 93 |
| Interest expense | 13 | 13 | 5 | 3 | — | — | — | — |
| Net interest income | — | — | −5 | −3 | 3 | — | — | — |
| Income before tax | 16 | 18 | 27 | 183 | 169 | 91 | 92 | 97 |
| Income tax | 0 | 1 | −10 | 46 | 43 | 22 | 25 | 28 |
| Net income | 8 | 6 | 21 | 137 | 125 | 69 | 67 | 69 |
| Diluted EPS | $0.04 | $0.03 | $0.18 | $0.98 | $0.89 | $0.49 | $0.48 | $0.49 |
| Diluted shares (average) | 112m | 112m | 120m | 140m | 140m | 141m | 141m | 142m |
| EBITDA | 46 | 48 | 57 | 210 | 194 | 126 | 136 | 142 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 319 | 347 | 311 | 358 | 345 | 365 | 314 | 385 |
| Cost of revenue | 196 | 208 | 196 | 210 | 211 | 226 | 200 | 213 |
| Gross profit | 123 | 139 | 116 | 148 | 133 | 139 | 114 | 172 |
| Selling, general and administrative | 112 | 111 | 110 | 101 | 117 | 119 | 112 | 118 |
| Operating income | 11 | 29 | 5 | 47 | 16 | 20 | 2 | 54 |
| Income before tax | 11 | 29 | 6 | 48 | 17 | 21 | 3 | 55 |
| Income tax | 2 | 8 | 1 | 13 | 5 | 6 | 1 | 16 |
| Net income | 10 | 21 | 5 | 35 | 12 | 15 | 2 | 40 |
| Diluted EPS | $0.07 | $0.15 | $0.03 | $0.25 | $0.09 | $0.11 | $0.02 | $0.28 |
| EBITDA | 21 | 40 | 17 | 58 | 28 | 32 | 15 | 67 |
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