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| Date | Value |
|---|---|
| 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 |