Arhaus, Inc.
ARHS · Retail-Furniture Stores · 136.9M shares · +6%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$8M (gross $100K, SBC $8M)
Grade
B73Premium, vertically integrated home-furnishings retailer with strong returns and steady growth.
Strengths
- ROE 16.1% (73rd pct), ROA 4.8% (78th), revenue growth 8.5% with positive free cash flow
- Differentiated livable-luxury brand, ~90% exclusive product, and domestic upholstery manufacturing
Risks
- Gross margin compressing (38.9% vs 42% two years ago) and net margin declining; low quick ratio (0.62, 21st pct)
- Highly cyclical, tied to luxury/housing demand; dual-class founder control
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~42% of revenue from one customer/distributor — 4 % 42
- Strong balance sheetStrong balance sheet — $253M cash & investments
- Revenue declineRevenue -13.9% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
38.9%
Operating margin
6.4%
Net margin
4.9%
Return on equity
16.1%
Return on assets
4.8%
Revenue growth (QoQ)
-13.9%
Net-income growth
-1.9%
Current ratio
1.4×
Free cash flow
$59M
EBITDA
$136M
Tangible book value
$407M
Cash & investments
$253M
Stock comp / revenue
0.7%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-19 | Shareholder vote | filing ↗ |
| 2026-05-07 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-26 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-02-12 | Reg FDExhibits | filing ↗ |
| 2026-02-05 | Exec/director changeExhibits | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-22 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-08-07 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-19 | 2026-05-14 | 0001875444-26-000019 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001875444-26-000014 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001875444-26-000016 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001875444-26-000010 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001875444-26-000008 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001875444-26-000004 ↗ |
| 8-K | 2026-02-05 | 2026-02-02 | 0001875444-26-000002 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001875444-25-000146 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001875444-25-000144 ↗ |
| 8-K | 2025-10-22 | 2025-10-17 | 0001875444-25-000139 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001875444-25-000135 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001875444-25-000133 ↗ |