Arhaus (ARHS) Gross Margin (2020 - 2026)
Arhaus (ARHS) posted Gross Margin of 36.41% for Q1 2026, down 4.54% sequentially from 38.15% in Q4 2025, and down 71.0% YoY from 125.56% in Q1 2025.
Arhaus (ARHS) Gross Margin (2020 - 2026) Analysis & Trends
Arhaus (ARHS) has 7 years of Gross Margin data on file, last reported at 36.41% in Q1 2026.
- Quarterly Gross Margin fell 71.0% year-over-year to 36.41% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.73% (down 25.0% YoY) and the FY2025 annual result came in at 38.89%, down 54.0% from the prior year.
- Gross Margin retreated to 36.41% in Q1 2026 per ARHS's latest filing, from 38.15% in the prior quarter.
- The five-year high for Gross Margin was 44.78% in Q2 2023, with the low at 36.41% in Q1 2026.
- Average Gross Margin over 5 years is 40.44%, with a median of 40.11% recorded in 2023.
- Year-over-year, Gross Margin surged 365 bps in 2022 and slumped 464 bps in 2024.
- Arhaus' Gross Margin stood at 44.35% in 2022, then slipped by 7 bps to 41.05% in 2023, then decreased by 3 bps to 39.98% in 2024, then dropped by 5 bps to 38.15% in 2025, then declined by 5 bps to 36.41% in 2026.
- Business Quant data shows ARHS's Gross Margin at 36.41% in Q1 2026, 38.15% in Q4 2025, and 38.72% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 23.63% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 46.87% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 23.52% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 82.59% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 40.32% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 97.03% |
| 10 | Arhaus | 1.21 Bn | 1.21 Bn | 114.44 Mn | 36.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.41% |
| Dec 31, 2025 | 38.15% |
| Sep 30, 2025 | 38.72% |
| Jun 30, 2025 | 41.35% |
| Mar 31, 2025 | 37.12% |
| Dec 31, 2024 | 39.98% |
| Sep 30, 2024 | 38.56% |
| Jun 30, 2024 | 40.15% |
| Mar 31, 2024 | 38.98% |
| Dec 31, 2023 | 41.05% |
| Sep 30, 2023 | 40.11% |
| Jun 30, 2023 | 44.78% |
| Mar 31, 2023 | 42.10% |
| Dec 31, 2022 | 44.35% |
| Sep 30, 2022 | 42.59% |
| Jun 30, 2022 | 43.43% |
| Mar 31, 2022 | 39.67% |
| Dec 31, 2021 | 40.70% |
| Sep 30, 2021 | 41.71% |
| Jun 30, 2021 | 42.29% |