Filing Flows › Arhaus (ARHS) › Q2 2026 › vs Q1 2026
Arhaus (ARHS) Q2 2026 vs Q1 2026 (quarter over quarter)
Arhaus's revenue rose $70.6M (+22%) from $314M in Q1 2026 to $385M in Q2 2026. Gross margin 44.7% against 36.4% (+8.3 pts).
Arhaus, Q2 2026: revenue $385M (+7% year over year), operating margin 14.1%, net earnings $39.6M, operating cash flow $69.5M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 44.7% | 36.4% | +8.3 pts |
| Operating margin | 14.1% | 0.7% | +13.4 pts |
| Net margin | 10.3% | 0.7% | +9.6 pts |
| Free cash flow margin | 12.5% | -8.5% | +21.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $385M | $314M | $70.6M | +22% |
| Gross profit | $172M | $114M | $57.6M | +50% |
| Cost of revenue | $213M | $200M | $13.0M | +6% |
| Operating profit | $54.3M | $2.1M | $52.1M | 25× |
| Operating expenses | $118M | $112M | $5.5M | +5% |
| Pre-tax earnings | $55.4M | $3.4M | $51.9M | 16× |
| Net earnings | $39.6M | $2.2M | $37.4M | 18× |
| Income tax | $15.7M | $1.2M | $14.5M | 13× |
| Depreciation & amortization | $12.7M | $12.4M | $374K | +3% |
| Share-based compensation | $3.4M | $2.6M | $768K | +29% |
| Working capital & other | $13.7M | −$26.9M | $40.6M | — |
| Operating cash flow | $69.5M | −$9.7M | $79.2M | — |
| Free cash flow (OCF − capex) | $48.3M | −$26.6M | $74.9M | — |
| Capital expenditures | $21.2M | $16.9M | $4.3M | +26% |
Questions
How much did Arhaus's revenue grow quarter over quarter in Q2 2026?
Arhaus's revenue rose $70.6M (+22%) from $314M in Q1 2026 to $385M in Q2 2026. Gross margin 44.7% against 36.4% (+8.3 pts).