Filing Flows › Arhaus (ARHS) › Q4 2025
Arhaus (ARHS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Arhaus (ARHS) reported revenue of $365M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +6% from the quarter before. Operating margin was 5.6%, net earnings $15.1M (4.1% of revenue).
Arhaus, Q4 2025: revenue $365M (+5% year over year), operating margin 5.6%, net earnings $15.1M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $365M | +6% | +5% |
| Gross profit | $139M | +4% | +0.3% |
| Operating profit | $20.3M | +23% | -29% |
| Net earnings | $15.1M | +24% | -29% |
| Operating cash flow | $9.3M | -80% | -71% |
What changed
Revenue was $364.8M in Q4 2025, up 5% year over year and up 6% from the previous quarter.
Gross margin was 38.1%, down 1.8 points from a year earlier. Operating profit was $20.3M, a 5.6% margin (down 2.7 points year over year). Operating profit fell $8.3M even though revenue rose $17.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 5%. Net earnings were $15.1M, down 29% year over year. The effective tax rate was 27.7%.
Operating cash flow was $9.3M (down 71% year over year), 62% of net earnings. Non-cash charges added back $12.1M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $20.7M. Capital expenditures of $18.1M exceeded it, leaving free cash flow of −$8.8M.
Questions
What was Arhaus' revenue in the fourth quarter 2025?
Arhaus (ARHS) reported revenue of $365M for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +6% from the quarter before.
Was Arhaus profitable in the fourth quarter 2025?
Operating profit was $20.3M (5.6% of revenue) and net earnings $15.1M.
Source: Arhaus 10-K on SEC EDGAR.