RH (RH) FY2026 YTD Q2 P&L / Income Statement

Revenue by Business Segment

2026-02-01 to 2026-08-01

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RH (RH) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-02-01 through 2026-08-01. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETRH SegmentWaterworksNet revenuesGross profitCost of goods soldOperating incomeOperating expenses (calculated)Selling, general and administrative expensesIncome before taxes and equity method investmentsOther income (expense), net (calculated)Net incomeIncome tax expenseShare of equity method investments net incomeShare of equity method investments net incomeShare of equitymethod investmentsnet income$17.54 MIncome before taxes and equity method investmentsIncome beforetaxes and equitymethod investments$39.28 MNet revenuesNet revenues$1.72 BGross profitGross profit$776.11 MOperating incomeOperating income$141.82 MNet incomeNet income$46.47 MOperating expenses (calculated)Operating expenses(calculated)$634.30 MIncome tax expenseIncome tax expense$10.35 MOther income (expense), net (calculated)Other income,net (calculated)−$102.54 MRH SegmentRH SEGMENT$1.62 BSelling, general and administrative expensesSelling, general andadministrative expenses$634.30 MCost of goods soldCost of goods sold$946.37 MWaterworksWATERWORKS$103.00 M
Chart details

RH (RH) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-02-01 through 2026-08-01. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues
1,722,478,000 US dollars
Cost of goods sold
946,366,000 US dollars
Gross profit
776,112,000 US dollars
Operating expenses (calculated)
634,296,000 US dollars
Operating income
141,816,000 US dollars
Other income (expense), net (calculated)
negative 102,537,000 US dollars
Income before taxes and equity method investments
39,279,000 US dollars
Income tax expense
10,347,000 US dollars
Net income
46,470,000 US dollars
RH Segment
1,619,482,000 US dollars
Waterworks
102,996,000 US dollars
Selling, general and administrative expenses
634,296,000 US dollars
Share of equity method investments net income
17,538,000 US dollars. Reported below-tax contribution to net income.
RH Segment costs (calculated)
1,509,643,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Waterworks costs (calculated)
89,047,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
negative 18,028,000 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.
RH (RH) FY2026 YTD Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

45.1%

Gross profit / revenue

Operating margin

8.2%

Operating profit / revenue

Cash conversion

425.5%

Operating cash / net income, same period

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