Rh (RH) Gross Margin (2011 - 2026)

Rh's Gross Margin history runs 16 years deep, the most recent figure standing at 42.89% for Q1 2026.

• In Q1 2026, Gross Margin fell 176.0% year-over-year to 42.89%; the TTM figure through Jan 2026 stood at 44.07% (down 42.0% YoY), while the FY2026 annual figure was 44.07%, down 42.0% from the prior year.
• Gross Margin was 42.89% for Q1 2026 at Rh, down from 44.1% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 52.76% in Q3 2022 to a low of 42.89% in Q1 2026.
• Historically, Gross Margin has averaged 46.4% across 5 years, with a median of 45.32% in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 480 bps in 2022, then slumped 528 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 48.42% in 2022, then dropped by 6 bps to 45.32% in 2023, then dropped by 2 bps to 44.51% in 2024, then fell by 1 bps to 44.1% in 2025, then decreased by 3 bps to 42.89% in 2026.
• The last three Gross Margin figures came in at 42.89% (Q1 2026), 44.1% (Q4 2025), and 45.52% (Q3 2025), per Business Quant data.