Rh (RH) Operating Expenses (2011 - 2026)

Rh (RH) recorded quarterly Operating Expenses of $958.6 million in Q1 2026, up 4716.09% quarter-over-quarter from $19.9 million in Q4 2025, and up 272.3% on a YoY basis from $257.5 million in Q1 2025.

Rh (RH) Operating Expenses (2011 - 2026) Analysis & Trends

Rh's Operating Expenses history runs 16 years deep, the most recent figure standing at $958.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 272.3% year-over-year to $958.6 million; the TTM figure through Jan 2026 stood at $1.6 billion (up 655.77% YoY), while the FY2026 annual figure was $1.0 billion, up 1232.02% from the prior year.
  • Operating Expenses was $958.6 million for Q1 2026 at Rh, up from $19.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $958.6 million in Q1 2026 to a low of -$556.4 million in Q1 2025.
  • Historically, Operating Expenses has averaged $243.0 million across 5 years, with a median of $261.4 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses plunged 317.09% in 2025, then soared 272.3% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $246.3 million in 2022, then grew by 17.4% to $289.2 million in 2023, then retreated by 23.04% to $222.6 million in 2024, then slumped by 91.06% to $19.9 million in 2025, then soared by 4716.09% to $958.6 million in 2026.
  • The last three Operating Expenses figures came in at $958.6 million (Q1 2026), $19.9 million (Q4 2025), and $280.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 Rh 2.76 Bn 2.69 Bn 361.43 Mn 958.64 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 958.64 Mn
Nov 1, 2025 19.91 Mn
Aug 2, 2025 280.38 Mn
May 3, 2025 299.42 Mn
Feb 1, 2025 -556.39 Mn
Nov 2, 2024 222.57 Mn
Aug 3, 2024 278.63 Mn
May 4, 2024 261.38 Mn
Feb 3, 2024 256.30 Mn
Oct 28, 2023 289.21 Mn
Jul 29, 2023 236.73 Mn
Apr 29, 2023 255.91 Mn
Jan 28, 2023 261.39 Mn
Oct 29, 2022 246.34 Mn
Jul 30, 2022 288.80 Mn
Apr 30, 2022 293.30 Mn
Jan 29, 2022 238.64 Mn
Oct 30, 2021 232.72 Mn
Jul 31, 2021 238.69 Mn
May 1, 2021 219.09 Mn