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| Date | Value |
|---|---|
| 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 |