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Restoration Hardware RH Operating Lease Liabilities

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Other financials

Income statement

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Revenue$800.3M-1.7%
Gross profit$331.3M-6.8%
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$3.71B-7.8%
Enterprise value$5.27B-2.0%
P/E36×-1.7×
P/S1.1×-0.1×

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:OperatingLeaseLiabilityNoncurrent.

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 itemMAY 2, 2026JANUARY 31, 2026
Term loan B—net1,882,1711,886,370
Term loan B-2—net467,112467,299
Real estate loan—net15,11215,199
Non-current operating lease liabilities733,340705,084
Non-current finance lease liabilities734,159718,837
Deferred tax liabilities17,56117,731
Other non-current liabilities14,43813,984
Total liabilities4,890,7504,775,110

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Restoration Hardware's operating lease liabilities?
Restoration Hardware (RH) reported operating lease liabilities of $733.34M in Q1 2026.
How has Restoration Hardware's operating lease liabilities changed year-over-year?
Restoration Hardware's operating lease liabilities increased by 20.2% year-over-year, from $610.05M to $733.34M.
What is the long-term trend for Restoration Hardware's operating lease liabilities?
Over 5 years (2020 to 2025), Restoration Hardware's operating lease liabilities has grown at a 9.5% compound annual growth rate (CAGR), from $448.17M to $705.08M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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