RH (RH) Income Statement

NYSE: RHRevenue, profits, margins and EPS over 10 years.

RH FY2026 at a glance

Fiscal year ended January 31, 2026 · U.S. dollars
Revenue+8.1%
$3.44B
FY2026 · hover or tap a bar for each year
FY2017: $2.13B (+1.2%)FY2018: $2.44B (+14.3%)FY2019: $2.51B (+2.7%)FY2020: $2.65B (+5.7%)FY2021: $2.85B (+7.6%)FY2022: $3.76B (+32.0%)FY2023: $3.59B (−4.5%)FY2024: $3.03B (−15.6%)FY2025: $3.18B (+5.0%)FY2026: $3.44B (+8.1%)
FY2017FY2026
Gross profit+7.1%
$1.52B
FY2026 · hover or tap a bar for each year
FY2017: $679.8M (−9.7%)FY2018: $849.1M (+24.9%)FY2019: $1.00B (+17.9%)FY2020: $1.10B (+9.4%)FY2021: $1.33B (+21.1%)FY2022: $1.86B (+40.0%)FY2023: $1.81B (−2.3%)FY2024: $1.39B (−23.3%)FY2025: $1.41B (+1.9%)FY2026: $1.52B (+7.1%)
FY2017FY2026
Operating income+5.3%
$387.3M
FY2026 · hover or tap a bar for each year
FY2017: $84.6M (−58.6%)FY2018: $139.4M (+64.7%)FY2019: $260.4M (+86.8%)FY2020: $371.6M (+42.7%)FY2021: $488.4M (+31.4%)FY2022: $933.1M (+91.0%)FY2023: $746.1M (−20.0%)FY2024: $363.2M (−51.3%)FY2025: $367.8M (+1.3%)FY2026: $387.3M (+5.3%)
FY2017FY2026
Net income+72.3%
$124.8M
FY2026 · hover or tap a bar for each year
FY2017: $5.4M (−94.1%)FY2018: $2.2M (−59.6%)FY2019: $150.6M (+6,810.0%)FY2020: $220.4M (+46.3%)FY2021: $271.8M (+23.3%)FY2022: $688.5M (+153.3%)FY2023: $528.6M (−23.2%)FY2024: $127.6M (−75.9%)FY2025: $72.4M (−43.2%)FY2026: $124.8M (+72.3%)
FY2017FY2026
EPS (diluted)+17.8%
$6.30
FY2026 · hover or tap a bar for each year
FY2017: $1.27 (−55.4%)FY2018: $3.43 (+170.1%)FY2019: $8.55 (+149.3%)FY2020: $11.56 (+35.2%)FY2021: $17.44 (+50.9%)FY2022: $26.06 (+49.4%)FY2023: $24.41 (−6.3%)FY2024: $6.44 (−73.6%)FY2025: $5.35 (−16.9%)FY2026: $6.30 (+17.8%)
FY2017FY2026
Net profit margin+1.4 pts
3.6%
FY2026 · hover or tap a point for each year
FY2017: 0.3% (−4.1 pts)FY2018: 0.1% (−0.2 pts)FY2019: 6.0% (+5.9 pts)FY2020: 8.3% (+2.3 pts)FY2021: 9.5% (+1.2 pts)FY2022: 18.3% (+8.8 pts)FY2023: 14.7% (−3.6 pts)FY2024: 4.2% (−10.5 pts)FY2025: 2.3% (−1.9 pts)FY2026: 3.6% (+1.4 pts)
FY2017FY2026

RH revenue and net income

RevenueNet incomeNet margin (right axis)

Where RH's revenue goes

FY2026
Revenue
$3.44B100.0%
Cost of revenue
−$1.92B−55.9%
Gross profit
$1.52B44.1%
Sales, general & admin
−$1.13B−32.8%
Operating income
$387.3M11.3%
Interest & other expense
−$220.3M−6.4%
Income taxes
−$42.2M−1.2%
Net income
$124.8M3.6%

Each bar shows an amount and its share of revenue. RH kept 3.6% of revenue as net income.

RH profit margins

GrossOperatingNet

RH growth rates

to FY2026
1 year3 years5 years10 years
Revenue+8.1%−1.4%+3.8%+5.0%
Gross profit+7.1%−5.8%+2.7%+7.3%
Operating income+5.3%−19.6%−4.5%+6.6%
Net income+72.3%−38.2%−14.4%+3.2%
EPS (diluted)+17.8%−36.3%−18.4%+8.3%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

RH quarterly EPS vs estimates

Reported EPSAnalyst estimate

RH beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: December 10, 2026 (estimate $0.67).

RH income statement

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$3.44B$3.18B$3.03B$3.59B$3.76B$2.85B$2.65B$2.51B$2.44B$2.13B
Cost of revenue$1.92B$1.77B$1.64B$1.78B$1.90B$1.52B$1.55B$1.50B$1.59B$1.46B
Gross profit$1.52B$1.41B$1.39B$1.81B$1.86B$1.33B$1.10B$1.00B$849.1M$679.8M
Sales, general & admin$1.13B$1.06B$1.00B$1.02B$928.2M$799.7M$732.2M$711.6M$717.8M$547.0M
Total operating expenses$1.13B$1.05B$1.03B$1.07B$922.3M$839.5M$728.3M$732.0M$709.2M$602.9M
Operating income$387.3M$367.8M$363.2M$746.1M$933.1M$488.4M$371.6M$260.4M$139.4M$84.6M
Interest income$2.8M$3.9M$39.6M$38.5M$1.9M$1.4M————
Interest expense$225.4M$234.5M$237.9M$151.7M$66.9M$70.6M$88.5M$68.6M$63.1M$47.5M
Income before taxes$166.9M$77.2M$155.8M$437.3M$822.1M$376.4M$269.2M$161.0M$30.2M$8.6M
Income taxes$42.2M$4.8M$28.3M−$91.4M$133.6M$104.6M$48.8M$30.5M$28.0M$3.2M
Net income$124.8M$72.4M$127.6M$528.6M$688.5M$271.8M$220.4M$150.6M$2.2M$5.4M
EBITDA$540.8M$453.3M$523.6M$774.8M$1.07B$612.1M$523.6M$389.6M$163.4M$113.0M
EPS (diluted)$6.30$5.35$6.44$24.41$26.06$17.44$11.56$8.55$3.43$1.27
Gross margin44.1%44.5%45.9%50.5%49.4%46.5%41.4%39.9%34.8%31.8%
Operating margin11.3%11.6%12.0%20.8%24.8%17.1%14.0%10.4%5.7%4.0%
Net margin3.6%2.3%4.2%14.7%18.3%9.5%8.3%6.0%0.1%0.3%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RH's financial statements (latest annual report filed April 1, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

RH financial results

In fiscal year 2026 (ended January 31, 2026), RH reported revenue of $3.4 billion, up 8.1% from the year before. It had net income of $124.8 million (up 72.3%), a net profit margin of 3.6%. Diluted earnings per share came to $6.30. Over five years revenue grew at an average rate of 3.8% a year.

See the RH stock overview for the latest quote and news, or the RH chart for price history and technical indicators.

RH income statement FAQ

What is RH's annual revenue?

RH reported total revenue of $3.4 billion for fiscal year 2026, which ended on January 31, 2026. That was up 8.1% from $3.2 billion the previous year.

Is RH profitable?

Yes. RH reported net income of $124.8 million in fiscal 2026, a net profit margin of 3.6%; its operating margin was 11.3%.

What is RH's gross margin?

RH's gross margin was 44.1% in fiscal 2026: for every $100 of revenue, RH kept $44 after the direct cost of its products and services.

How fast is RH growing?

Revenue grew 3.8% a year on average over the last five fiscal years, from $2.8 billion to $3.4 billion.

What are RH's earnings per share?

RH earned $6.30 per diluted share in fiscal 2026, compared with $5.35 a year earlier.

When will RH report its next earnings?

RH is expected to report results for the quarter ending October 31, 2026 on December 10, 2026 after the market closes.

When does RH's fiscal year end?

RH's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on April 1, 2026.

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