Rh (RH) Gross Margin (2011 - 2026)
Rh (RH) posted quarterly Gross Margin of 41.39% for Q2 2026, down 226.0% year-over-year from 32.85% in Q2 2025, and down 3.5% quarter-over-quarter from 42.89% in Q1 2026.
Rh (RH) Gross Margin (2011 - 2026) Analysis & Trends
Rh's Gross Margin history runs 16 years deep, the most recent figure standing at 41.39% for Q2 2026.
- In Q2 2026, Gross Margin fell 226.0% year-over-year to 41.39%; the TTM figure through May 2026 stood at 43.54% (down 96.0% YoY), while the FY2026 annual figure was 44.07%, down 42.0% from the prior year.
- Gross Margin for Q2 2026 stood at 41.39%, down from 42.89% in the prior quarter.
- The five-year high for Gross Margin was 52.76% in Q3 2022, with the low at 41.39% in Q2 2026.
- The 5-year median for Gross Margin is 45.24% (2023), against an average of 46.12%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 480 bps in 2022, then sank 528 bps in 2023.
- Rh's Gross Margin stood at 48.42% in 2022, then slipped by 6 bps to 45.32% in 2023, then slipped by 2 bps to 44.51% in 2024, then declined by 1 bps to 44.1% in 2025, then declined by 6 bps to 41.39% in 2026.
- Business Quant data shows RH's Gross Margin at 41.39% in Q2 2026, 42.89% in Q1 2026, and 44.1% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.73 Bn | 30.20 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.99 Bn | 22.77 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.29 Bn | 18.06 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.26 Bn | 16.51 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.04 Bn | 15.04 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.60 Bn | 12.49 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.44 Bn | 10.27 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.06 Bn | 3.11 Bn | 1.24 Bn | 45.67% |
| 10 | Rh | 2.92 Bn | 2.84 Bn | 331.26 Mn | 41.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 41.39% |
| Jan 31, 2026 | 42.89% |
| Nov 1, 2025 | 44.10% |
| Aug 2, 2025 | 45.52% |
| May 3, 2025 | 43.66% |
| Feb 1, 2025 | 44.66% |
| Nov 2, 2024 | 44.51% |
| Aug 3, 2024 | 45.17% |
| May 4, 2024 | 43.47% |
| Feb 3, 2024 | 43.47% |
| Oct 28, 2023 | 45.32% |
| Jul 29, 2023 | 47.48% |
| Apr 29, 2023 | 47.02% |
| Jan 28, 2023 | 47.82% |
| Oct 29, 2022 | 48.42% |
| Jul 30, 2022 | 52.76% |
| Apr 30, 2022 | 52.08% |
| Jan 29, 2022 | 50.46% |
| Oct 30, 2021 | 50.20% |
| Jul 31, 2021 | 49.32% |