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 has reported Gross Margin for 7 years, with the latest figure 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.
- Over five years, Gross Margin peaked at 44.78% in Q2 2023 and troughed at 36.41% in Q1 2026.
- A 5-year average of 40.44% and a median of 40.11% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 365 bps in 2022, then plunged 464 bps in 2024.
- Over 5 years, Gross Margin stood at 44.35% in 2022, then decreased by 7 bps to 41.05% in 2023, then retreated by 3 bps to 39.98% in 2024, then slipped by 5 bps to 38.15% in 2025, then dropped by 5 bps to 36.41% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 36.41%, 38.15%, and 38.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.68 Bn | 30.16 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.70 Bn | 27.68 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 23.06 Bn | 22.84 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.34 Bn | 18.11 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.18 Bn | 16.43 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.14 Bn | 15.14 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.61 Bn | 12.50 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.39 Bn | 10.22 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.05 Bn | 3.10 Bn | 1.24 Bn | 45.67% |
| 10 | Arhaus | 1.32 Bn | 1.09 Bn | 172.07 Mn | 44.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 44.71% |
| 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% |