RH filed its Form 10-Q with the U.S. Securities and Exchange Commission on September 10, 2026, covering the quarterly period ended August 1, 2026, and reporting net revenues, income, and balance sheet figures for the three and six months ended on that date.

Key Highlights

  • Net revenues of $922,150 thousand for the three months ended August 1, 2026, compared with $899,151 thousand for the three months ended August 2, 2025, according to the filing.
  • Net income of $60,167 thousand for the three months ended August 1, 2026, up from $51,708 thousand in the comparable prior-year quarter, as reported in the condensed consolidated statements of income.
  • Basic net income per share of $3.18 for the three months ended August 1, 2026, versus $2.76 for the three months ended August 2, 2025.
  • Total assets of $5,131,100 thousand as of August 1, 2026, compared with $4,835,710 thousand as of January 31, 2026, per the condensed consolidated balance sheets.
  • Cash and cash equivalents of $125,492 thousand as of August 1, 2026, up from $41,191 thousand as of January 31, 2026.
  • Total stockholders' equity of $120,347 thousand as of August 1, 2026, compared with $60,600 thousand as of January 31, 2026.

RH Second Quarter Fiscal 2026 Financial Performance and Balance Sheet Overview

According to the filing, RH (NYSE:RH), a Delaware-incorporated company headquartered in Corte Madera, California, reported net revenues of $922,150 thousand for the three months ended August 1, 2026. Gross profit for the same period was $444,853 thousand, compared with $409,259 thousand in the prior-year quarter. Selling, general and administrative expenses rose to $337,280 thousand from $280,383 thousand in the comparable three-month period, the filing disclosed. Operating income for the three months ended August 1, 2026 was $107,573 thousand, versus $128,876 thousand for the three months ended August 2, 2025.

The filing reported that net income for the three months ended August 1, 2026 reached $60,167 thousand, which includes a share of equity method investments net income of $17,980 thousand, compared with a net loss contribution of $1,352 thousand from equity method investments in the prior-year quarter. For the six months ended August 1, 2026, RH disclosed net revenues of $1,722,478 thousand and net income of $46,470 thousand. Diluted net income per share was $3.06 for the three-month period and $2.36 for the six-month period, based on weighted-average diluted shares of 19,669,307 and 19,654,650, respectively, as stated in the condensed consolidated statements of income.

On the balance sheet, the filing reported total assets of $5,131,100 thousand as of August 1, 2026, with property and equipment net of $2,594,220 thousand and merchandise inventories of $772,716 thousand. Total liabilities stood at $5,010,753 thousand, including Term loan B net of $1,877,971 thousand and Term loan B-2 net of $466,922 thousand. Common stock outstanding as of August 1, 2026 was 18,931,251 shares, with an accumulated deficit of $339,595 thousand, according to the filing.

What Was Disclosed

RH's Form 10-Q for the quarterly period ended August 1, 2026 disclosed income statement results, balance sheet positions, and equity changes for both the three- and six-month periods, reflecting revenue growth and an increase in total assets and stockholders' equity relative to the prior fiscal year-end.