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Other financials

Income statement

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Revenue$800.3M-1.7%
Operating income$34.2M-38.8%
Net income-$13.7M-270%
EPS (diluted)-$0.73-283%

Balance sheet

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Cash & equivalents$53.8M+16.7%
Total debt$1.6B+18.6%
Total equity$56.9M+151%
Total assets$4.9B+6.4%

Cash flow

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Operating cash flow$52.5M-39.4%
CapEx$39.2M-25.4%
Free cash flow$13.3M-61.0%

Valuation

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Market cap$3.56B-10.8%
Enterprise value$5.12B-4.2%
P/E34.5×-2.8×
P/S-0.2×

Profitability

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Gross margin43.5%-1.0pp
Operating margin10.7%+0.8pp
Net margin3%+0.4pp
FCF margin6.8%+4.7pp

Returns & leverage

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Return on equity33.9%-44.4pp
Debt / equity28.4×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Restoration Hardware’s reported figures.

The source filing: Restoration Hardware’s 10-Q, filed June 11, 2026.

Filed
Jun 11, 2026, 5:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-073006
Line itemTHREE MONTHS ENDED / MAY 2, 2026THREE MONTHS ENDED / MAY 3, 2025
Net revenues$800,328$813,952
Cost of goods sold469,069458,619
Gross profit331,259355,333
Selling, general and administrative expenses297,016299,422
Operating income34,24355,911
Other expenses
Interest expense—net52,66356,603
Other (income) expense—net737(3,653)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Restoration Hardware's gross profit?
Restoration Hardware (RH) reported gross profit of $331.26M in Q1 2026.
How has Restoration Hardware's gross profit changed year-over-year?
Restoration Hardware's gross profit decreased by 6.8% year-over-year, from $355.33M to $331.26M.
What is the long-term trend for Restoration Hardware's gross profit?
Over 4 years (2021 to 2025), Restoration Hardware's gross profit has grown at a -4.9% compound annual growth rate (CAGR), from $1.86B to $1.52B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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