Rh (RH) Net Margin (2011 - 2026)

Rh's (RH) quarterly Net Margin came in at 1.66% in Q2 2026, down 164.0% year-on-year from 2.59% in Q2 2025, and up 79.8% quarter-over-quarter from 8.2% in Q1 2026.

Rh (RH) Net Margin (2011 - 2026) Analysis & Trends

Rh's Net Margin history runs 16 years deep, the most recent figure standing at 1.66% for Q2 2026.

  • On a quarterly basis, Net Margin fell 164.0% year-over-year to 1.66% in Q2 2026; TTM through May 2026 was 0.21%, a 234.0% decrease from a year earlier, with the FY2026 full-year figure at 0.59%, down 200.0% from the prior year.
  • Net Margin rose to 1.66% in Q2 2026 per RH's latest filing, from 8.2% in the prior quarter.
  • Across five years, Net Margin topped out at 20.97% in Q2 2022 and bottomed at 8.2% in Q1 2026.
  • The 5-year median for Net Margin is 4.1% (2025), against an average of 4.93%.
  • Across the five-year window, Net Margin surged 554 bps in 2022 and tumbled 1510 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 11.36% in 2022, then tumbled by 99 bps to 0.07% in 2023, then surged by 6227 bps to 4.26% in 2024, then dropped by 3 bps to 4.13% in 2025, then sank by 140 bps to 1.66% in 2026.
  • Per Business Quant, the three latest RH Net Margin figures stand at 1.66% (Q2 2026), 8.2% (Q1 2026), and 4.13% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Caseys General Stores 32.43 Bn 31.91 Bn 1.08 Bn 3.56%
2 NaaS Technology 31.54 Bn 31.54 Bn - -
3 Williams Sonoma 28.17 Bn 27.15 Bn 1.10 Bn 15.61%
4 Ulta Beauty 23.05 Bn 22.56 Bn 1.48 Bn 9.15%
5 Best Buy 18.23 Bn 16.48 Bn 2.10 Bn 3.09%
6 Dick'S Sporting Goods 16.52 Bn 15.17 Bn 1.77 Bn 2.06%
7 MINISO Group Holding 15.94 Bn 14.87 Bn 414.86 Mn -2.26%
8 Tractor Supply 15.92 Bn 15.70 Bn 1.30 Bn 4.58%
9 Five Below 12.14 Bn 11.21 Bn 696.98 Mn 13.78%
10 Rh 3.12 Bn 3.05 Bn 331.26 Mn -1.66%

Historic Data

Download Data
DateValue
May 2, 2026 -1.66%
Jan 31, 2026 -8.20%
Nov 1, 2025 4.13%
Aug 2, 2025 5.90%
May 3, 2025 -0.02%
Feb 1, 2025 1.86%
Nov 2, 2024 4.26%
Aug 3, 2024 4.08%
May 4, 2024 -0.16%
Feb 3, 2024 0.31%
Oct 28, 2023 0.07%
Jul 29, 2023 9.98%
Apr 29, 2023 5.88%
Jan 28, 2023 1.32%
Oct 29, 2022 11.36%
Jul 30, 2022 12.33%
Apr 30, 2022 20.97%
Jan 29, 2022 16.42%
Oct 30, 2021 18.52%
Jul 31, 2021 23.18%