Filing Flows › RH (RH) › Q2 FY27 › vs Q1 FY27
RH (RH) Q2 FY27 vs Q1 FY27 (quarter over quarter)
RH's revenue rose $122M (+15%) from $800M in Q1 FY27 to $922M in Q2 FY27. Gross margin 48.2% against 41.4% (+6.9 pts).
RH, Q2 FY27: revenue $922M (+3% year over year), operating margin 11.7%, net earnings $60.2M, operating cash flow $145M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 48.2% | 41.4% | +6.9 pts |
| Operating margin | 11.7% | 4.3% | +7.4 pts |
| Net margin | 6.5% | -1.7% | +8.2 pts |
| Free cash flow margin | 10.8% | 1.7% | +9.1 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $922M | $800M | $122M | +15% |
| Gross profit | $445M | $331M | $114M | +34% |
| Cost of revenue | $477M | $469M | $8.2M | +2% |
| Operating profit | $108M | $34.2M | $73.3M | +214% |
| Operating expenses | $337M | $297M | $40.3M | +14% |
| Pre-tax earnings | $76.4M | −$19.6M | $96.0M | — |
| Other expense, net | $31.2M | $53.8M | −$22.7M | -42% |
| Net earnings | $60.2M | −$13.7M | $73.9M | — |
| Income tax | $16.2M | −$5.9M | $22.2M | — |
| Depreciation & amortization | $40.9M | $38.7M | $2.2M | +6% |
| Share-based compensation | $12.5M | $11.9M | $574K | +5% |
| Working capital & other | $31.6M | $15.5M | $16.1M | +104% |
| Operating cash flow | $145M | $52.5M | $92.7M | +177% |
| Free cash flow (OCF − capex) | $99.6M | $13.3M | $86.3M | +650% |
| Capital expenditures | $45.6M | $39.2M | $6.4M | +16% |
Questions
How much did RH's revenue grow quarter over quarter in Q2 FY27?
RH's revenue rose $122M (+15%) from $800M in Q1 FY27 to $922M in Q2 FY27. Gross margin 48.2% against 41.4% (+6.9 pts).