Filing Flows › RH (RH) › Q2 FY27 › vs Q2 FY26
RH (RH) Q2 FY27 vs Q2 FY26 (year over year)
RH's revenue rose $23.0M (+3%) from $899M in Q2 FY26 to $922M in Q2 FY27. Gross margin 48.2% against 45.5% (+2.7 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 48.2% | 45.5% | +2.7 pts |
| Operating margin | 11.7% | 14.3% | -2.7 pts |
| Net margin | 6.5% | 5.8% | +0.8 pts |
| Free cash flow margin | 10.8% | 9.0% | +1.8 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $922M | $899M | $23.0M | +3% |
| Gross profit | $445M | $409M | $35.6M | +9% |
| Cost of revenue | $477M | $490M | −$12.6M | -3% |
| Operating profit | $108M | $129M | −$21.3M | -17% |
| Operating expenses | $337M | $280M | $56.9M | +20% |
| Pre-tax earnings | $76.4M | $70.7M | $5.7M | +8% |
| Other expense, net | $31.2M | $58.1M | −$27.0M | -46% |
| Net earnings | $60.2M | $51.7M | $8.5M | +16% |
| Income tax | $16.2M | $19.0M | −$2.8M | -15% |
| Depreciation & amortization | $40.9M | $34.6M | $6.3M | +18% |
| Share-based compensation | $12.5M | $11.6M | $860K | +7% |
| Working capital & other | $31.6M | $39.7M | −$8.1M | -20% |
| Operating cash flow | $145M | $138M | $7.5M | +5% |
| Free cash flow (OCF − capex) | $99.6M | $80.7M | $18.9M | +23% |
| Capital expenditures | $45.6M | $57.0M | −$11.4M | -20% |
Questions
How much did RH's revenue grow year over year in Q2 FY27?
RH's revenue rose $23.0M (+3%) from $899M in Q2 FY26 to $922M in Q2 FY27. Gross margin 48.2% against 45.5% (+2.7 pts).