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
DateValue
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%