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Restoration Hardware RH Rh Galleries — Finance Lease Right Of Use Asset

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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$3.56B-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:FinanceLeaseRightOfUseAsset.

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

(4) Includes $32 million and $33 million as of May 2, 2026 and January 31, 2026, respectively, related to an RH Design Gallery lease with a landlord that is an affiliate of the managing member of the Aspen LLCs. Refer to Note 5—Variable Interest Entities.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Restoration Hardware's rh galleries — finance lease right of use asset?
Restoration Hardware (RH) reported rh galleries — finance lease right of use asset of $32M in Q1 2026.
How has Restoration Hardware's rh galleries — finance lease right of use asset changed year-over-year?
Restoration Hardware's rh galleries — finance lease right of use asset decreased by 5.9% year-over-year, from $34M to $32M.
What does rh galleries — finance lease right of use asset mean?
This metric represents the capitalized value of the right to use leased assets where the lease terms effectively transfer substantially all risks and rewards of ownership to the company. It distinguishes assets held under finance leases from standard operating leases, indicating a more significant long-term capital investment in the underlying property. This figure is essential for understanding the company's total asset base and the nature of its long-term financing arrangements for physical locations.

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