Arhaus (ARHS) Gross Margin (2020 - 2026)
Arhaus (ARHS) reported Gross Margin of 36.41% for Q1 2026, down 71.0% on a YoY basis from 125.56% in Q1 2025, and down 4.54% sequentially from 38.15% in Q4 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.
- For the quarter ending Q1 2026, Gross Margin fell 71.0% year-over-year to 36.41%; the trailing twelve-month figure through Mar 2026 stood at 38.73% (down 25.0% YoY), and the FY2025 full-year result was 38.89%, down 54.0% from the prior year.
- Gross Margin retreated to 36.41% in Q1 2026, 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.
- A 5-year average of 40.44% and a median of 40.11% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 365 bps in 2022 and slumped 464 bps in 2024, its largest moves.
- Tracing ARHS's Gross Margin over 5 years: stood at 44.35% in 2022, then declined by 7 bps to 41.05% in 2023, then dropped by 3 bps to 39.98% in 2024, then fell by 5 bps to 38.15% in 2025, then retreated 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 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.43% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 46.39% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 36.22% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 40.32% |
| 10 | Arhaus | 1.04 Bn | 1.03 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% |