Arhaus (ARHS) Operating Expenses (2020 - 2026)

Arhaus' (ARHS) quarterly Operating Expenses came in at $112.2 million in Q1 2026, up 1.94% year-on-year from $110.1 million in Q1 2025, and down 5.64% quarter-over-quarter from $118.9 million in Q4 2025.

Arhaus (ARHS) Operating Expenses (2020 - 2026) Analysis & Trends

Arhaus has disclosed Operating Expenses across 7 years of filings, most recently posting $112.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $112.2 million, up 1.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $449.6 million (up 4.85% YoY), and the FY2025 annual result was $447.4 million, up 7.71% from the prior year.
  • Operating Expenses came in at $112.2 million for Q1 2026 at Arhaus, down from $118.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $118.9 million in Q4 2025 to a low of $74.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $100.2 million (2023), against an average of $99.5 million.
  • Across the five-year window, Operating Expenses surged 541.24% in 2022 and climbed 1.94% in 2026, its largest moves.
  • Arhaus' Operating Expenses stood at $93.6 million in 2022, then increased by 7.05% to $100.2 million in 2023, then advanced by 11.09% to $111.3 million in 2024, then increased by 6.8% to $118.9 million in 2025, then retreated by 5.64% to $112.2 million in 2026.
  • The last three Operating Expenses figures came in at $112.2 million (Q1 2026), $118.9 million (Q4 2025), and $117.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 Arhaus 878.22 Mn 875.00 Mn 114.44 Mn 112.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 112.20 Mn
Dec 31, 2025 118.91 Mn
Sep 30, 2025 117.01 Mn
Jun 30, 2025 101.46 Mn
Mar 31, 2025 110.06 Mn
Dec 31, 2024 111.34 Mn
Sep 30, 2024 112.40 Mn
Jun 30, 2024 94.99 Mn
Mar 31, 2024 96.69 Mn
Dec 31, 2023 100.22 Mn
Sep 30, 2023 106.98 Mn
Jun 30, 2023 86.13 Mn
Mar 31, 2023 82.78 Mn
Dec 31, 2022 93.62 Mn
Sep 30, 2022 89.15 Mn
Jun 30, 2022 82.77 Mn
Mar 31, 2022 74.85 Mn
Dec 31, 2021 14.60 Mn
Sep 30, 2021 68.27 Mn
Jun 30, 2021 69.14 Mn