Arhaus, Inc. ARHS

Consumer discretionary SIC 5712 - Retail-Furniture Stores Nasdaq

Founded in 1986 by John Reed, our Chief Executive Officer ("CEO"), and his father, Arhaus, Inc. ("Arhaus", "Company", "we", "us" or "our") is a premium home furnishings brand built on a simple idea: furniture and décor should be responsibly sourced, lovingly made, and built to last. We operate a vertically integrated model, designing and sourcing products directly from skilled artisans and carefully selected manufacturing vendors around the world, including domestic upholstery production at our own North Carolina manufacturing facility. This approach enables us to offer a highly exclusive and customizable assortment of heirloom-quality furniture and décor designed to be used and enjoyed for generations. Design is at the core of everything Arhaus does. With more than 100 Showroom locations across the United States, our integrated omni-channel model connects every client touchpoint, from Showroom and interior design to eCommerce and catalog, allowing us to meet clients wherever and however they choose to shop while delivering a highly personalized client-first experience from discovery through delivery. On November 4, 2021, the Company completed its initial public offering ("IPO") of its Class A common stock, which is traded on the Nasdaq Global Select Market (the "Nasdaq") under the symbol "ARHS".

Last close 8.73 2026-09-04
Market cap $1.24B estimated share count
52-week range 5.57 - 12.08

Valuation FY2025 figures against the last close

P/S0.9x
P/E18.2x
P/FCF20.9x
EV/EBITDA9.1x
Dividend yield0.0%
Diluted EPS0.48

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $1.38B$1.27B$1.29B$1.23B$796.9M$507.4M$494.5M
Cost of revenue $842.8M$769.9M$747.3M$703.9M$467.0M$307.9M$318.6M
Gross profit $536.4M$501.2M$540.4M$525.1M$329.9M$199.5M$176.0M
SG&A $447.4M$415.4M$376.1M$340.4M$296.1M$168.6M$146.3M
Operating income $88.9M$87.0M$164.3M$184.7M$33.4M$30.9M$29.7M
Interest expense $3.4M$3.4M$5.4M$13.1M$13.4M
Pre-tax income $92.0M$90.9M$168.7M$182.6M$26.8M$17.8M$16.2M
Income tax $24.7M$22.4M$43.5M$45.9M$10.1M$783.0K$368.0K
Net income $67.3M$68.5M$125.2M$136.6M$36.9M$6.1M$7.5M
EPS, basic 0.480.490.900.990.180.030.04
EPS, diluted 0.480.490.890.980.180.030.04
Shares, diluted (wtd. avg.) $141.4M$140.7M$140.1M$139.6M$119.5M$112.1M$112.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $253.4M$197.5M$226.3M$152.5M$130.9M$64.0M$20.1M$24.2M
Receivables $663.0K$1.3M$2.4M$1.7M$228.0K$600.0K
Inventory $338.8M$297.0M$254.3M$286.4M$208.3M$108.0M
Total current assets $621.4M$531.0M$509.3M$449.8M$430.1M$192.6M
Property, plant and equipment $316.2M$282.5M$220.2M$120.7M$111.7M$117.7M
Goodwill $11.0M$11.0M$11.0M$11.0M$11.0M$11.0M
Total assets $1.39B$1.21B$1.11B$877.0M$817.3M$322.6M
Accounts payable $78.4M$68.6M$63.7M$62.6M$51.4M$29.1M
Total current liabilities $453.3M$402.5M$342.3M$424.7M$444.7M$213.2M
Total liabilities $976.5M$862.6M$764.9M$753.5M$730.7M$357.0M
Retained earnings $210.4M$142.9M$145.3M$20.1M-$116.6M-$28.4M
Total equity $418.2M$343.7M$340.2M$209.7M$69.8M-$34.4M-$38.0M-$46.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $136.8M$147.1M$168.7M$77.5M$139.8M$148.3M$20.0M
Depreciation and amortisation $46.8M$39.1M$29.4M$24.9M$23.9M$17.0M$16.0M
Stock-based compensation $9.2M$7.6M$7.9M$4.3M$6.4M$403.0K$272.0K
Capital expenditure $77.9M$107.4M$93.4M$55.7M$41.5M$13.0M$9.9M
Investing cash flow -$77.8M-$99.5M-$93.1M-$55.7M-$41.5M-$13.0M-$9.9M
Financing cash flow -$3.5M-$73.0M-$1.8M-$177.0K-$31.5M-$91.3M-$14.3M
Dividends paid $361.0K$70.3M$0$0
Buybacks $0$0$100.0K$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001875444-26-000010.

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