Arhaus (ARHS) Gross Margin (2020 - 2026)
Arhaus' (ARHS) quarterly Gross Margin came in at 36.41% in Q1 2026, down 71.0% year-on-year from 125.56% in Q1 2025, and down 4.54% quarter-over-quarter from 38.15% in Q4 2025.
Arhaus (ARHS) Gross Margin (2020 - 2026) Analysis & Trends
Arhaus has disclosed Gross Margin across 7 years of filings, most recently posting 36.41% for Q1 2026.
- Gross Margin for Q1 2026 came in at 36.41%, down 71.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.73% (down 25.0% YoY), and the FY2025 annual result was 38.89%, down 54.0% from the prior year.
- Gross Margin came in at 36.41% for Q1 2026 at Arhaus, down from 38.15% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 44.78% in Q2 2023 to a low of 36.41% in Q1 2026.
- The 5-year median for Gross Margin is 40.11% (2023), against an average of 40.44%.
- Across the five-year window, Gross Margin jumped 365 bps in 2022 and plunged 464 bps in 2024, its largest moves.
- Arhaus' Gross Margin stood at 44.35% in 2022, then fell by 7 bps to 41.05% in 2023, then declined by 3 bps to 39.98% in 2024, then retreated by 5 bps to 38.15% in 2025, then decreased by 5 bps to 36.41% in 2026.
- The last three Gross Margin figures came in at 36.41% (Q1 2026), 38.15% (Q4 2025), and 38.72% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Arhaus | 878.22 Mn | 875.00 Mn | 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% |