Rh (RH) Operating Expenses (2011 - 2026)
Rh's (RH) quarterly Operating Expenses came in at $20.7 million in Q2 2026, down 90.99% year-on-year from $229.6 million in Q2 2025, and down 95.93% quarter-over-quarter from $508.4 million in Q1 2026.
Rh (RH) Operating Expenses (2011 - 2026) Analysis & Trends
Rh's Operating Expenses history runs 16 years deep, the most recent figure standing at $20.7 million for Q2 2026.
- On a quarterly basis, Operating Expenses fell 90.99% year-over-year to $20.7 million in Q2 2026; TTM through May 2026 was $829.3 million, a 45.19% decrease from a year earlier, with the FY2026 full-year figure at $1.0 billion, up 18.75% from the prior year.
- Operating Expenses retreated to $20.7 million in Q2 2026 per RH's latest filing, from $508.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $800.9 million in Q1 2025 and bottomed at $19.9 million in Q4 2025.
- The 5-year median for Operating Expenses is $258.8 million (2024), against an average of $276.1 million.
- Across the five-year window, Operating Expenses soared 212.49% in 2025 and sank 90.99% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $246.3 million in 2022, then grew by 17.4% to $289.2 million in 2023, then declined by 29.43% to $204.1 million in 2024, then slumped by 90.25% to $19.9 million in 2025, then climbed by 3.91% to $20.7 million in 2026.
- Per Business Quant, the three latest RH Operating Expenses figures stand at $20.7 million (Q2 2026), $508.4 million (Q1 2026), and $19.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.57 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -290.69 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 941.15 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Rh | 3.15 Bn | 3.07 Bn | 331.26 Mn | 20.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 20.68 Mn |
| Jan 31, 2026 | 508.37 Mn |
| Nov 1, 2025 | 19.91 Mn |
| Aug 2, 2025 | 280.38 Mn |
| May 3, 2025 | 229.62 Mn |
| Feb 1, 2025 | 800.89 Mn |
| Nov 2, 2024 | 204.11 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 |