Arhaus, Inc. Financials
Arhaus, Inc. (ARHS) reported $1.4B in revenue for fiscal year 2025, up 8.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Higher sales are no longer creating proportionate profit because margin erosion and heavier overhead absorb the incremental revenue.
Since FY2022, revenue increased12.2% , yet operating income was cut by more than half. That squeeze lines up with gross margin falling from42.7% to38.9% and points to a weaker margin structure, not just a temporary sales wobble.
Net income of
Accounts receivable of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Arhaus, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Arhaus, Inc. has an operating margin of 6.4%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 6.8% the prior year.
Arhaus, Inc.'s revenue grew 8.5% year-over-year to $1.4B, a solid pace of expansion. This earns a growth score of 44/100.
Arhaus, Inc. has elevated debt relative to equity (D/E of 2.33), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 27/100, reflecting increased financial risk.
Arhaus, Inc.'s current ratio of 1.37 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.
Arhaus, Inc. has a free cash flow margin of 4.3%, earning a moderate score of 44/100. The company generates positive cash flow after capital investments, but with room for improvement.
Arhaus, Inc. earns a strong 16.1% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100. This is down from 19.9% the prior year.
Arhaus, Inc. scores 2.39, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Arhaus, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Arhaus, Inc. generates $2.03 in operating cash flow ($136.8M OCF vs $67.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Arhaus, Inc. generated $1.4B in revenue in fiscal year 2025. This represents an increase of 8.5% from the prior year.
Arhaus, Inc.'s EBITDA was $135.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.6% from the prior year.
Arhaus, Inc. reported $67.3M in net income in fiscal year 2025. This represents a decrease of 1.9% from the prior year.
Arhaus, Inc. earned $0.48 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 2.0% from the prior year.
Cash & Balance Sheet
Arhaus, Inc. generated $59.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 48.4% from the prior year.
Arhaus, Inc. held $253.4M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Arhaus, Inc.'s gross margin was 38.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Arhaus, Inc.'s operating margin was 6.4% in fiscal year 2025, reflecting core business profitability. This is down 0.4 percentage points from the prior year.
Arhaus, Inc.'s net profit margin was 4.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.5 percentage points from the prior year.
Arhaus, Inc.'s ROE was 16.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.9 percentage points from the prior year.
Capital Allocation
Arhaus, Inc. invested $77.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 27.5% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ARHS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B+8.5% | $1.3B-1.3% | $1.3B+4.8% | $1.2B+54.2% | $796.9M+57.1% | $507.4M+2.6% | $494.5M |
| Cost of Revenue | $849.5M | $842.8M+9.5% | $769.9M+3.0% | $747.3M+6.2% | $703.9M+50.7% | $467.0M+51.7% | $307.9M-3.3% | $318.6M |
| Gross Profit | $559.1M | $536.4M+7.0% | $501.2M-7.3% | $540.4M+2.9% | $525.1M+59.1% | $329.9M+65.4% | $199.5M+13.4% | $176.0M |
| SG&A Expenses | $465.9M | $447.4M+7.7% | $415.4M+10.5% | $376.1M+10.5% | $340.4M+15.0% | $296.1M+75.6% | $168.6M+15.2% | $146.3M |
| Operating Income | $93.1M | $88.9M+2.2% | $87.0M-47.0% | $164.3M-11.0% | $184.7M+453.7% | $33.4M+8.0% | $30.9M+4.1% | $29.7M |
| Interest Expense | N/A | N/A | N/A | $3.4M-1.1% | $3.4M-37.6% | $5.4M-58.4% | $13.1M-2.9% | $13.4M |
| Income Tax | $27.9M | $24.7M+10.5% | $22.4M-48.5% | $43.5M-5.4% | $45.9M+552.9% | -$10.1M-1395.5% | $783K+112.8% | $368K |
| Net Income | $69.2M | $67.3M-1.9% | $68.5M-45.3% | $125.2M-8.3% | $136.6M+547.0% | $21.1M+247.2% | $6.1M-19.2% | $7.5M |
| EPS (Diluted) | — | $0.48-2.0% | $0.49-44.9% | $0.89-9.2% | $0.98+444.4% | $0.18 | $0.03-25.0% | $0.04 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ARHS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B+15.6% | $1.2B+9.2% | $1.1B+17.6% | $939.4M+60.2% | $586.5M+81.8% | $322.6M | N/A |
| Current Assets | $621.4M+17.0% | $531.0M+4.3% | $509.3M+10.4% | $461.2M+25.3% | $368.0M+91.1% | $192.6M | N/A |
| Cash & Equivalents | $253.4M+28.3% | $197.5M-11.5% | $223.1M+53.7% | $145.2M+17.3% | $123.8M+116.8% | $57.1M+184.6% | $20.1M |
| Inventory | $338.8M+14.1% | $297.0M+16.8% | $254.3M-11.2% | $286.4M+37.5% | $208.3M+92.9% | $108.0M | N/A |
| Accounts Receivable | $663K-47.0% | $1.3M-47.7% | $2.4M+38.1% | $1.7M+660.5% | $228K-62.0% | $600K | N/A |
| Goodwill | $11.0M0.0% | $11.0M0.0% | $11.0M0.0% | $11.0M0.0% | $11.0M0.0% | $11.0M | N/A |
| Total Liabilities | $976.5M+13.2% | $862.6M+12.8% | $764.9M+4.8% | $729.7M+41.2% | $516.8M+44.8% | $357.0M | N/A |
| Current Liabilities | $453.3M+12.6% | $402.5M+17.6% | $342.3M-8.9% | $375.6M-6.4% | $401.2M+88.2% | $213.2M | N/A |
| Total Equity | $418.2M+21.7% | $343.7M+1.0% | $340.2M+62.3% | $209.7M+200.6% | $69.8M+302.6% | -$34.4M-3.2% | -$33.4M |
| Retained Earnings | $210.4M+47.2% | $142.9M-1.6% | $145.3M+624.5% | $20.1M+117.2% | -$116.6M-310.2% | -$28.4M | N/A |
Not reported in any period shown, so not listed: Long-Term Debt.
ARHS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $115.2M | $136.8M-7.0% | $147.1M-12.8% | $168.7M+117.8% | $77.5M-45.2% | $141.3M-4.7% | $148.3M+639.9% | $20.0M |
| Capital Expenditures | $74.3M | $77.9M-27.5% | $107.4M+14.9% | $93.4M+67.9% | $55.7M+29.5% | $43.0M+230.3% | $13.0M+31.7% | $9.9M |
| Free Cash Flow | $40.9M | $59.0M+48.4% | $39.7M-47.2% | $75.2M+245.2% | $21.8M-77.8% | $98.4M-27.3% | $135.3M+1230.9% | $10.2M |
| Investing Cash Flow | -$73.1M | -$77.8M+21.8% | -$99.5M-6.9% | -$93.1M-67.3% | -$55.7M-29.5% | -$43.0M-230.3% | -$13.0M-31.9% | -$9.9M |
| Financing Cash Flow | -$52.8M | -$3.5M+95.2% | -$73.0M-3955.1% | -$1.8M-916.4% | -$177K+99.4% | -$31.5M+65.5% | -$91.3M-537.4% | -$14.3M |
| Dividends Paid | $49.7M | $361K-99.5% | $70.3M | $0 | $0 | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $100K | $0 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ARHS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 38.9%-0.5pp | 39.4%-2.5pp | 42.0%-0.8pp | 42.7%+1.3pp | 41.4%+2.1pp | 39.3%+3.7pp | 35.6% |
| Operating Margin | 6.4%-0.4pp | 6.8%-5.9pp | 12.8%-2.3pp | 15.0%+10.8pp | 4.2%-1.9pp | 6.1%+0.1pp | 6.0% |
| Net Margin | 4.9%-0.5pp | 5.4%-4.3pp | 9.7%-1.4pp | 11.1%+8.5pp | 2.6%+1.4pp | 1.2%-0.3pp | 1.5% |
| Return on Equity | 16.1%-3.9pp | 19.9%-16.9pp | 36.8%-28.3pp | 65.2%+34.9pp | 30.3% | N/A | N/A |
| Return on Assets | 4.8%-0.9pp | 5.7%-5.6pp | 11.3%-3.2pp | 14.5%+10.9pp | 3.6%+1.7pp | 1.9% | N/A |
| Current Ratio | 1.37+0.1x | 1.32-0.2x | 1.49+0.3x | 1.23+0.3x | 0.920.0x | 0.90 | N/A |
| Debt-to-Equity | 2.33-0.2x | 2.51+0.3x | 2.25-1.2x | 3.48-3.9x | 7.41 | N/A | N/A |
| FCF Margin | 4.3%+1.1pp | 3.1%-2.7pp | 5.8%+4.1pp | 1.8%-10.6pp | 12.3%-14.3pp | 26.7%+24.6pp | 2.1% |
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Where Arhaus, Inc. Ranks
Frequently Asked Questions
What is Arhaus, Inc.'s annual revenue?
Arhaus, Inc. (ARHS) reported $1.4B in total revenue for fiscal year 2025. This represents a 8.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Arhaus, Inc.'s revenue growing?
Arhaus, Inc. (ARHS) revenue grew by 8.5% year-over-year, from $1.3B to $1.4B in fiscal year 2025.
Is Arhaus, Inc. profitable?
Yes, Arhaus, Inc. (ARHS) reported a net income of $67.3M in fiscal year 2025, with a net profit margin of 4.9%.
What is Arhaus, Inc.'s EBITDA?
Arhaus, Inc. (ARHS) had EBITDA of $135.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Arhaus, Inc.'s gross margin?
Arhaus, Inc. (ARHS) had a gross margin of 38.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Arhaus, Inc.'s operating margin?
Arhaus, Inc. (ARHS) had an operating margin of 6.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Arhaus, Inc.'s net profit margin?
Arhaus, Inc. (ARHS) had a net profit margin of 4.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Arhaus, Inc.'s return on equity (ROE)?
Arhaus, Inc. (ARHS) has a return on equity of 16.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Arhaus, Inc.'s free cash flow?
Arhaus, Inc. (ARHS) generated $59.0M in free cash flow during fiscal year 2025. This represents a 48.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Arhaus, Inc.'s operating cash flow?
Arhaus, Inc. (ARHS) generated $136.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Arhaus, Inc.'s total assets?
Arhaus, Inc. (ARHS) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Arhaus, Inc.'s capital expenditures?
Arhaus, Inc. (ARHS) invested $77.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Arhaus, Inc.'s current ratio?
Arhaus, Inc. (ARHS) had a current ratio of 1.37 as of fiscal year 2025, which is considered adequate.
What is Arhaus, Inc.'s debt-to-equity ratio?
Arhaus, Inc. (ARHS) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Arhaus, Inc.'s return on assets (ROA)?
Arhaus, Inc. (ARHS) had a return on assets of 4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Arhaus, Inc.'s Altman Z-Score?
Arhaus, Inc. (ARHS) has an Altman Z-Score of 2.39, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Arhaus, Inc.'s Piotroski F-Score?
Arhaus, Inc. (ARHS) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Arhaus, Inc.'s earnings high quality?
Arhaus, Inc. (ARHS) has an earnings quality ratio of 2.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Arhaus, Inc.?
Arhaus, Inc. (ARHS) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.