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Restoration Hardware RH Rh Galleries — Operating 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$2.68B-28.0%
Enterprise value$4.24B-15.1%
P/E26×-18.3×
P/S0.8×-0.4×

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:OperatingLeaseRightOfUseAsset.

The official record: Restoration Hardware’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Restoration Hardware's rh galleries — operating lease right of use asset?
Restoration Hardware (RH) reported rh galleries — operating lease right of use asset of $41M in Q1 2026.
What does rh galleries — operating lease right of use asset mean?
This metric reflects the capitalized value of the right to use leased real estate assets, such as retail galleries or showrooms, under operating lease agreements. It represents the non-current asset recognized on the balance sheet in accordance with lease accounting standards to account for the company's long-term rental obligations. Monitoring this value provides insight into the scale of the company's leased physical infrastructure and its associated long-term financial commitments.