RH income statement
In fiscal 2026, RH reported revenue of $3.44bn, up 8.1% on the year before, operating income of $387m (a 11.3% margin) and net income of $125m, or $6.31 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 | 2011Jan 2011 | 2012Jan 2012 | 2013Feb 2013 | 2014Feb 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Jan 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Feb 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Feb 2024 | 2025Feb 2025 | 2026Jan 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 773 | 958 | 1,193 | 1,551 | 1,867 | 2,109 | 2,135 | 2,440 | 2,506 | 2,647 | 2,849 | 3,759 | 3,590 | 3,029 | 3,181 | 3,440 | 3,449 |
| Cost of revenue | — | — | — | — | — | — | 1,455 | 1,601 | 1,520 | 1,552 | 1,523 | 1,903 | 1,778 | 1,640 | 1,766 | 1,924 | 1,922 |
| Gross profit | 272 | 356 | 436 | 557 | 691 | 753 | 680 | 839 | 986 | 1,095 | 1,326 | 1,855 | 1,812 | 1,389 | 1,415 | 1,516 | 1,527 |
| Selling, general and administrative | 275 | 330 | 505 | 502 | 525 | 567 | 627 | 722 | 724 | 732 | 859 | 928 | 1,090 | 1,023 | 1,092 | 1,128 | 1,183 |
| Operating income | −3 | 27 | −69 | 55 | 166 | 186 | 53 | 117 | 262 | 363 | 467 | 927 | 722 | 366 | 323 | 387 | 344 |
| Interest expense | 3 | 5 | 6 | 6 | 18 | 36 | 44 | 56 | 68 | 87 | 69 | 67 | 152 | 238 | 235 | 228 | — |
| Net interest income | — | — | — | — | — | 2 | 2 | 0 | — | — | 69 | −65 | −113 | −198 | — | — | — |
| Income before tax | −6 | 22 | −75 | 49 | 148 | 150 | 9 | 23 | 161 | 269 | 376 | 822 | 437 | 156 | 77 | 167 | 131 |
| Income tax | 1 | 1 | −62 | 31 | 57 | 59 | 3 | 25 | 25 | 49 | 105 | 134 | −91 | 28 | 5 | 47 | 35 |
| Net income | −7 | 21 | −13 | 18 | 91 | 91 | 5 | −3 | 136 | 220 | 272 | 689 | 529 | 128 | 72 | 125 | 112 |
| Diluted EPS | −$70510.00 | $43991.00 | −$1.36 | $0.45 | $2.20 | $2.16 | $0.13 | −$0.10 | $5.12 | $9.07 | $9.96 | $22.13 | $19.90 | $5.91 | $3.62 | $6.31 | $5.72 |
| Diluted shares (average) | — | — | 9m | 40m | 41m | 42m | 41m | 27m | 27m | 24m | 27m | 31m | 27m | 22m | 20m | 20m | 20m |
| EBITDA | 28 | 56 | −42 | 83 | 200 | 230 | 110 | 200 | 353 | 464 | 567 | 1,023 | 831 | 485 | 453 | 536 | 503 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Jan 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 812 | 812 | 814 | 899 | 884 | 843 | 800 | 922 |
| Cost of revenue | 450 | 450 | 459 | 490 | 494 | 481 | 469 | 477 |
| Gross profit | 361 | 363 | 355 | 409 | 390 | 361 | 331 | 445 |
| Selling, general and administrative | 260 | 292 | 299 | 280 | 284 | 265 | 297 | 337 |
| Operating income | 101 | 70 | 56 | 129 | 106 | 97 | 34 | 108 |
| Interest expense | 58 | 61 | — | — | — | — | — | — |
| Income before tax | 44 | −1 | 3 | 72 | 48 | 44 | −19 | 58 |
| Income tax | 9 | −6 | 3 | 19 | 12 | 13 | −6 | 16 |
| Net income | 33 | 14 | 8 | 52 | 36 | 29 | −14 | 60 |
| Diluted EPS | $1.66 | $0.69 | $0.40 | $2.62 | $1.83 | $1.47 | −$0.73 | $3.06 |
| EBITDA | 134 | 104 | 91 | 164 | 144 | 137 | 73 | 149 |
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