Arhaus (ARHS) Operating Margin (2020 - 2026)
Arhaus (ARHS) posted Operating Margin of 0.68% for Q1 2026, down 87.76% sequentially from 5.55% in Q4 2025, and down 106.0% YoY from 11.33% in Q1 2025.
Arhaus (ARHS) Operating Margin (2020 - 2026) Analysis & Trends
Arhaus has reported Operating Margin for 7 years, with the latest figure at 0.68% in Q1 2026.
- Quarterly Operating Margin fell 106.0% year-over-year to 0.68% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.19% (up 44.0% YoY) and the FY2025 annual result came in at 6.44%, down 40.0% from the prior year.
- Operating Margin fell to 0.68% in Q1 2026 per ARHS's latest filing, from 5.55% in the prior quarter.
- Over five years, Operating Margin peaked at 18.07% in Q4 2022 and troughed at 0.68% in Q1 2026.
- A 5-year average of 9.59% and a median of 9.29% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin surged 1922 bps in 2022, then slumped 870 bps in 2024.
- Over 5 years, 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.
- According to Business Quant data, Operating Margin over the past three periods registered 0.68%, 5.55%, and 4.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.73 Bn | 30.21 Bn | 1.08 Bn | 7.66% |
| 2 | Williams Sonoma | 28.78 Bn | 27.76 Bn | 1.10 Bn | 20.27% |
| 3 | Ulta Beauty | 23.09 Bn | 22.86 Bn | 1.27 Bn | 14.17% |
| 4 | Best Buy | 18.38 Bn | 16.63 Bn | 2.10 Bn | 4.14% |
| 5 | Tractor Supply | 18.21 Bn | 17.98 Bn | 1.68 Bn | 10.29% |
| 6 | Dick'S Sporting Goods | 16.04 Bn | 15.05 Bn | 1.68 Bn | 8.73% |
| 7 | Five Below | 13.56 Bn | 12.45 Bn | 478.64 Mn | 12.00% |
| 8 | Murphy USA | 10.36 Bn | 10.19 Bn | 746.50 Mn | 4.48% |
| 9 | Bath & Body Works | 4.05 Bn | 3.10 Bn | 1.24 Bn | 21.99% |
| 10 | Arhaus | 1.33 Bn | 1.10 Bn | 172.07 Mn | 14.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.10% |
| 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% |