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Restoration Hardware RH Operating Income

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Segments

By segment

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Waterworks$3.62M-31.9%

Other financials

Income statement

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Revenue$800.3M-1.7%
Gross profit$331.3M-6.8%
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

Reported directly by Restoration Hardware in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
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)
Total other expenses53,40052,950

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Restoration Hardware's operating income?
Restoration Hardware (RH) reported operating income of $34.24M in Q1 2026.
How has Restoration Hardware's operating income changed year-over-year?
Restoration Hardware's operating income decreased by 38.8% year-over-year, from $55.91M to $34.24M.
What is the long-term trend for Restoration Hardware's operating income?
Over 4 years (2021 to 2025), Restoration Hardware's operating income has grown at a -19.6% compound annual growth rate (CAGR), from $927.18M to $387.27M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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