Arhaus (ARHS) Operating Margin (2020 - 2026)

Arhaus' (ARHS) quarterly Operating Margin came in at 0.68% in Q1 2026, down 106.0% year-on-year from 11.33% in Q1 2025, and down 87.76% quarter-over-quarter from 5.55% in Q4 2025.

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

Arhaus has disclosed Operating Margin across 7 years of filings, most recently posting 0.68% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 0.68%, down 106.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.19% (up 44.0% YoY), and the FY2025 annual result was 6.44%, down 40.0% from the prior year.
  • Operating Margin came in at 0.68% for Q1 2026 at Arhaus, down from 5.55% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 18.07% in Q4 2022 to a low of 0.68% in Q1 2026.
  • The 5-year median for Operating Margin is 9.29% (2022), against an average of 9.59%.
  • Across the five-year window, Operating Margin soared 1922 bps in 2022 and slumped 870 bps in 2024, its largest moves.
  • Arhaus' Operating Margin stood at 18.07% in 2022, then tumbled by 34 bps to 11.91% in 2023, then slumped by 31 bps to 8.24% in 2024, then slumped by 33 bps to 5.55% in 2025, then tumbled by 88 bps to 0.68% in 2026.
  • The last three Operating Margin figures came in at 0.68% (Q1 2026), 5.55% (Q4 2025), and 4.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 7.89%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 20.27%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 12.23%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.96%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 6.50%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 4.14%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 17.99%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 4.26%
10 Arhaus 878.22 Mn 875.00 Mn 114.44 Mn 0.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.68%
Dec 31, 2025 5.55%
Sep 30, 2025 4.77%
Jun 30, 2025 13.05%
Mar 31, 2025 1.74%
Dec 31, 2024 8.24%
Sep 30, 2024 3.34%
Jun 30, 2024 9.48%
Mar 31, 2024 6.22%
Dec 31, 2023 11.91%
Sep 30, 2023 7.32%
Jun 30, 2023 17.25%
Mar 31, 2023 14.92%
Dec 31, 2022 18.07%
Sep 30, 2022 14.73%
Jun 30, 2022 16.41%
Mar 31, 2022 9.29%
Dec 31, 2021 -1.14%
Sep 30, 2021 7.91%
Jun 30, 2021 4.72%