NYSE$RH

RH · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

RH reported Q3 fiscal 2025 net revenues of $883.8M with net income of $36.3M and diluted EPS of $1.83.

Third-quarter net revenues were $883.8 million with net income of $36.3 million and diluted EPS of $1.83. Luxury home demand, gallery expansion, and housing-sensitive traffic remained key themes.

  • Q3 net revenues $883.8M.
  • Net income $36.3M; diluted EPS $1.83.
  • Housing and luxury demand sensitivity noted.
  • Gallery rollout and product refresh continue.

Headline financials

Total Revenue

$884M

Previous: $812M+8.9%
EPS (adj)

$1.83

Previous: $2.48-26.2%
Operating Margin

12.0%

No prior period
Adjusted Op. Margin

11.6%

No prior period
Adjusted EBITDA

$156M

No prior period
Adj. EBITDA Margin

17.6%

No prior period
Capital Expenditures

-$158M

Previous: -$180M+12.0%
Free Cash Flow

-$122M

No prior period
Net Income

$36.3M

Previous: -$2.19M+1758.2%
Operating Income

$106M

Previous: $51.2M+106.7%
Gross Profit

$390M

Previous: $340M+14.5%
Cash & Equivalents

$43.1M

No prior period
Total Assets

$4.79B

No prior period

Revenue & EPS history

RH · Revenue · Quarterly

$884M

Q3 2025+8.9%vs Q3 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

The release discusses RH's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • RH cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Housing affordability, rates, and incentive levels remain demand sensitivities.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+4.2%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+5.6%

Avg return

30 days after

60%

32 / 53 earnings

Positive

+43.8%

Q2 2017

Best reaction

-24.2%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.7%-14.5%
Q4 2025-3.7%+1.3%+15.2%
Q3 2025+6.6%+11.2%+42.8%
Q2 2025-4.7%+0.6%-24.0%
Q1 2025+7.0%+6.9%+17.3%
Q4 2024-2.9%+2.4%-23.8%
Q3 2024+11.8%+3.2%+3.8%
Q2 2024+30.3%+33.9%+33.6%
Q1 2024+0.0%+1.3%+23.7%
Q4 2023+21.7%+16.9%-13.1%
Q3 2023-13.5%-9.6%-5.8%
Q2 2023-16.7%-17.8%-33.5%
Q1 2023-5.0%-3.1%+12.0%
Q3 2022+4.7%+0.4%+11.5%
Q2 2022+6.0%+1.7%-0.5%
Q1 2022+5.0%+5.5%-23.9%
Q4 2021-9.0%-12.8%-3.9%
Q3 2021+5.6%-1.6%-14.1%
Q2 2021+9.1%+5.5%-2.6%
Q1 2021+12.5%+7.4%+12.3%
Q4 2020+4.0%+11.3%+35.3%
Q3 2020-4.1%-9.6%+2.6%
Q2 2020+23.6%+22.0%+19.1%
Q1 2020-3.5%-1.3%+0.0%
Q4 2019-9.4%-22.3%+39.6%
Q3 2019+16.6%+18.7%+4.8%
Q2 2019+8.8%+13.1%+15.2%
Q1 2019+17.9%+21.4%+31.1%
Q4 2018-20.4%-21.8%-18.1%
Q3 2018+18.1%+18.0%+1.3%
Q2 2018-17.3%-20.7%-26.2%
Q1 2018+36.8%+42.0%+17.2%
Q4 2017+17.4%+21.3%+12.7%
Q3 2017+2.3%+2.6%-12.2%
Q2 2017+43.8%+37.6%+53.7%
Q1 2017-24.2%-18.9%+15.0%
Q4 2016+20.5%+17.0%+42.0%
Q3 2016-15.9%-16.7%-23.3%
Q2 2016+4.3%+2.5%-3.5%
Q1 2016-19.7%-27.4%-16.3%
Q4 2015+5.1%
Q3 2015-5.0%
Q2 2015+7.6%
Q1 2015+0.4%
Q4 2014+5.1%
Q3 2014+8.8%
Q2 2014-2.5%
Q1 2014+15.9%
Q4 2013+13.3%
Q3 2013-1.2%
Q2 2013-12.7%
Q1 2013+19.1%
Q4 2012+10.6%
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011

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