Rh (RH) Gross Margin (2011 - 2026)
Rh (RH) posted Gross Margin of 41.39% for Q2 2026, down 3.5% on a QoQ basis from 42.89% in Q1 2026, and down 226.0% year-over-year from 32.85% in Q2 2025.
Analysis
Rh (RH) Gross Margin (2011 - 2026) Analysis & Trends
Rh has reported Gross Margin for 16 years, with the latest figure at 41.39% in Q2 2026.
- On a quarterly basis, Gross Margin fell 226.0% year-over-year to 41.39% in Q2 2026; TTM through May 2026 was 43.54%, a 96.0% decrease from a year earlier, with the FY2026 full-year figure at 44.07%, down 42.0% from the prior year.
- Gross Margin was 41.39% for Q2 2026 at Rh, 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.
- Average Gross Margin over 5 years is 46.12%, with a median of 45.24% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 480 bps in 2022, then sank 528 bps in 2023.
- Over 5 years, Gross Margin stood at 48.42% in 2022, then declined by 6 bps to 45.32% in 2023, then declined by 2 bps to 44.51% in 2024, then retreated by 1 bps to 44.1% in 2025, then retreated by 6 bps to 41.39% in 2026.
- The last three Gross Margin figures came in at 41.39% (Q2 2026), 42.89% (Q1 2026), and 44.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 303.76 Bn | 301.67 Bn | 16.12 Bn | 33.67% |
| 2 | Lowes Companies | 109.83 Bn | 106.43 Bn | 8.58 Bn | 33.04% |
| 3 | Williams Sonoma | 26.32 Bn | 25.29 Bn | 1.01 Bn | 51.64% |
| 4 | Floor & Decor Holdings | 5.05 Bn | 4.73 Bn | 603.12 Mn | 48.24% |
| 5 | Rh | 2.52 Bn | 2.44 Bn | 331.26 Mn | 41.39% |
Historic Data
Download Data
Historic 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% |