RH (RH) FY2026 Q2 P&L / Income Statement
2026-05-03 to 2026-08-01
Revenue by Business Segment
2026-05-03 to 2026-08-01
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RH (RH) FY2026 Q2 P&L / Income Statement
Income statement for 2026-05-03 through 2026-08-01. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenues
- 922,150,000 US dollars
- Cost of goods sold
- 477,297,000 US dollars
- Gross profit
- 444,853,000 US dollars
- Operating expenses (calculated)
- 337,280,000 US dollars
- Operating income
- 107,573,000 US dollars
- Other income (expense), net (calculated)
- negative 49,137,000 US dollars
- Income before taxes and equity method investments
- 58,436,000 US dollars
- Income tax expense
- 16,249,000 US dollars
- Net income
- 60,167,000 US dollars
- RH Segment
- 867,280,000 US dollars
- Waterworks
- 54,870,000 US dollars
- Selling, general and administrative expenses
- 337,280,000 US dollars
- Share of equity method investments net income
- 17,980,000 US dollars. Reported below-tax contribution to net income.
- RH Segment costs (calculated)
- 756,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Waterworks costs (calculated)
- 44,537,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 13,640,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Gross margin
48.2%
Gross profit / revenue
Operating margin
11.7%
Operating profit / revenue
Cash conversion
241.4%
Operating cash / net income, same period
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