← RH
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $5.4m | $2.2m | $135.7m | $220.4m | $271.8m | $688.5m | $528.6m | $127.6m | $72.4m | $124.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $135.7m | $220.4m | $271.8m | — | $528.6m | $127.6m | $72.4m | — | |
| Depreciation and amortization | $57.0m | $70.1m | $91.4m | $100.7m | $100.0m | $96.0m | $108.6m | $119.0m | $130.2m | $148.5m | |
| Depreciation, Depletion and Amortization, Nonproduction | $57.0m | $70.1m | $91.4m | $100.7m | $100.0m | — | $108.6m | $119.0m | $130.2m | $148.5m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | $100k | $200k | |
| Capitalized Computer Software, Amortization | — | — | — | — | $500k | — | $11.0m | $19.0m | $30.0m | $43.0m | |
| Depreciation | $56.9m | $70.0m | $62.6m | $63.7m | $59.0m | $96.0m | $56.0m | $64.0m | $76.0m | $148.5m | |
| Deferred Income Tax Expense (Benefit) | ($221k) | $6.6m | ($5.0m) | ($7.7m) | ($4.9m) | — | ($92.0m) | $25.3m | ($1.5m) | — | |
| Deferred income taxes | ($221k) | $6.6m | $263k | ($7.7m) | ($4.9m) | ($6.9m) | ($92.0m) | $25.3m | ($1.5m) | $25.6m | |
| Share-based Payment Arrangement, Noncash Expense | $29.2m | $50.7m | $24.0m | $21.8m | $145.7m | — | $43.5m | $39.4m | $44.2m | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.6m | $5.8m | $9.5m | $7.1m | $8.3m | — | $803k | $400k | — | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | $0 | — | |
| Goodwill and Intangible Asset Impairment | — | $33.7m | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $51.1m | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $20.5m | — | — | — | — | — | |
| Asset impairments | — | $8.9m | $6.5m | $15.2m | $6.5m | $9.6m | $24.2m | $8.3m | $37.6m | $4.6m | |
| Gain (Loss) on Extinguishment of Debt | — | ($4.9m) | ($917k) | ($6.5m) | $152k | — | ($169.6m) | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | $2.1m | $8.5m | $333k | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $775k | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | ($8.5m) | $1.5m | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | ($888k) | — | ($2.1m) | ($10.9m) | ($11.4m) | $5.0m | |
| Income Tax Expense (Benefit) | $3.2m | $28.0m | $25.2m | $48.8m | $104.6m | — | ($91.4m) | $28.3m | $4.8m | $47.2m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $237.9m | $234.5m | $228.2m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($1.1m) | ($3.4m) | $5.0m | |
| Non-cash finance lease interest expense | — | $11.2m | $16.8m | $22.6m | $24.0m | $26.4m | $32.1m | $33.8m | $31.9m | $40.1m | |
| Share of equity method investments net (income) loss | — | — | — | — | $888k | $8.2m | $2.1m | $10.9m | $11.4m | ($5.0m) | |
| Current and non-current operating lease liabilities | — | ($70.5m) | ($70.9m) | ($77.0m) | ($58.9m) | ($77.3m) | ($77.0m) | ($95.6m) | ($90.3m) | ($105.0m) | |
| Equity method investments | — | — | — | — | ($80.7m) | ($9.0m) | ($2.7m) | ($38.1m) | ($9.6m) | ($374k) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($588k) | ($2.8m) | $8.6m | $7.3m | $10.5m | — | $1.8m | ($4.7m) | $8.5m | — | |
| Proceeds from Stock Options Exercised | $3.3m | $24.9m | $44.0m | $27.1m | $14.4m | — | $231.3m | $12.1m | $30.9m | — | |
| Accrued capital expenditures | $157.6m | $146.2m | $80.0m | $93.6m | $111.1m | — | $173.6m | $269.4m | $230.8m | — | |
| Goodwill | $173.6m | $141.9m | $124.4m | $124.4m | $141.1m | — | $141.0m | $141.0m | $140.9m | $144.2m | |
| Inventory Write-down | $6.8m | $2.5m | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | $39.6m | $3.9m | $2.8m | |
| Payments for Repurchase of Warrants | — | — | — | — | — | — | $390.9m | — | — | — | |
| Realized Investment Gains (Losses) | $0 | — | — | — | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $2.5b | $2.6b | $2.8b | — | $3.6b | $3.0b | $3.2b | $3.4b | |
| Stock-based compensation expense | $29.2m | $50.7m | $24.0m | $21.8m | $145.7m | $48.5m | $43.5m | $39.4m | $44.2m | $43.9m | |
| Other non-cash items | — | — | $4.0m | $4.3m | $4.0m | ($6.6m) | $5.2m | $7.4m | $9.1m | $8.8m | |
| Accounts receivable | $588k | $2.8m | ($8.9m) | ($7.3m) | ($10.5m) | $1.6m | ($1.8m) | $4.7m | ($8.5m) | $250k | |
| Merchandise inventories | ($4.3m) | $220.8m | ($7.4m) | $93.3m | ($104.6m) | ($190.1m) | ($77.2m) | $47.3m | ($268.6m) | $213.8m | |
| Prepaid expense and other assets | ($36.9m) | $45.5m | ($78.5m) | $28.4m | ($67.3m) | ($49.6m) | ($102.5m) | ($65.7m) | ($19.4m) | ($53.9m) | |
| Landlord assets under construction-net of tenant allowances | — | ($81.1m) | ($59.0m) | ($64.3m) | ($69.5m) | ($68.5m) | ($51.4m) | ($25.4m) | ($51.5m) | ($89.0m) | |
| Accounts payable and accrued expenses | ($50.3m) | $64.5m | ($452k) | $7.4m | $63.6m | $43.4m | ($56.3m) | ($41.1m) | $46.8m | ($13.6m) | |
| Deferred revenue and customer deposits | $24.0m | $3.4m | $8.4m | $9.8m | $116.2m | $107.3m | ($62.1m) | ($43.0m) | $9.4m | $41.4m | |
| Other current liabilities | ($23.8m) | $680k | $51.2m | ($45.8m) | $43.9m | ($9.8m) | ($37.7m) | ($5.9m) | ($1.8m) | ($5.0m) | |
| Other non-current obligations | $8.7m | ($1.3m) | ($4.2m) | ($25.1m) | ($19.5m) | ($35.9m) | ($32.5m) | ($31.4m) | ($30.6m) | ($38.2m) | |
| Acquisition of business | — | — | — | — | ($17.9m) | — | — | — | — | ($32.1m) | |
| Acquisition of intangible asset | ($322k) | ($39k) | — | — | — | — | — | — | — | ($3.1m) | |
| Borrowings under asset based credit facility | — | $780.0m | $866.5m | $642.5m | $359.4m | — | — | — | $235.0m | $325.0m | |
| Repayments under asset based credit facility | — | ($500.0m) | ($1.1b) | ($704.0m) | ($359.4m) | — | — | — | ($35.0m) | ($505.0m) | |
| Repayments under term loans | — | — | — | ($324.0m) | — | ($5.0m) | ($21.2m) | ($25.0m) | ($25.0m) | ($25.0m) | |
| Repayments of convertible senior notes | — | — | — | ($278.6m) | ($215.8m) | ($335.7m) | ($13.1m) | ($1.7m) | ($41.9m) | — | |
| Principal payments under finance lease agreements-net of tenant allowances | — | ($6.1m) | ($6.9m) | ($9.7m) | ($12.5m) | ($14.2m) | ($10.1m) | ($14.0m) | ($20.8m) | ($13.0m) | |
| Proceeds from exercise of stock options | $3.3m | $24.9m | $44.0m | $27.1m | $14.4m | $32.0m | $231.3m | $12.1m | $30.9m | $4.4m | |
| Beginning of period | $331.5m | $87.0m | $5.8m | $47.7m | $107.1m | $2.2b | $1.5b | $123.7m | $30.4m | $30.4m | |
| Property and equipment additions in accounts payable and accrued expenses at period-end | $9.2m | $25.2m | $20.0m | $5.2m | $28.4m | $14.7m | $17.8m | $40.8m | $47.7m | $19.1m | |
| Landlord asset additions in accounts payable and accrued expenses at period-end | — | $17.5m | $12.1m | $19.6m | $19.9m | $13.2m | $1.2m | $3.8m | $10.0m | $21.2m | |
| Excise tax from share repurchases in accounts payable and accrued expenses at period-end | — | — | — | — | — | — | $3.7m | $12.0m | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $78.8m | $556.8m | $249.6m | $339.2m | $500.8m | $662.1m | $403.7m | $202.2m | $17.1m | $452.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $157.6m | $146.2m | $80.0m | $93.6m | $111.1m | ($185.4m) | $173.6m | $269.4m | $230.8m | ($199.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $116.1m | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | $248.5m | $16.1m | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($321.5m) | $44.7m | ($80.0m) | ($122.5m) | ($197.6m) | ($194.4m) | ($171.1m) | ($307.4m) | ($240.4m) | ($223.7m) | |
| Cash flows from financing activities: | |||||||||||
| Debt issuance costs | — | ($8.3m) | ($6.3m) | ($4.6m) | — | ($26.4m) | ($28.1m) | — | — | ($3.3m) | |
| Payments for Repurchase of Common Stock | — | $1.0b | $250.0m | $250.0m | — | — | $1.0b | $1.3b | $12.0m | — | |
| Proceeds from (Payments for) Other Financing Activities | ($611k) | ($377k) | — | — | — | — | — | — | ($674k) | — | |
| Other financing activities | ($611k) | ($377k) | ($719k) | — | — | — | — | ($1.6m) | ($674k) | ($2.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($2.2m) | ($691.4m) | ($189.0m) | ($174.8m) | ($243.9m) | $1.6b | ($902.5m) | ($1.3b) | $130.6m | ($219.4m) | |
| Effects of foreign currency exchange rate translation on cash | — | — | — | — | $157k | ($95k) | ($243k) | $173k | ($547k) | $1.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($19.5m) | $41.9m | $59.4m | — | ($670.1m) | ($1.4b) | ($93.3m) | — | |
| Net increase (decrease) in cash and cash equivalents | ($244.4m) | ($69.1m) | ($19.5m) | $41.9m | $59.4m | $2.1b | ($670.1m) | ($1.4b) | ($93.3m) | $10.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $25.3m | $5.8m | $47.7m | $107.1m | — | $1.5b | $123.7m | $30.4m | — | |
| Beginning of period-restricted cash | — | — | — | — | — | — | $3.7m | $0 | $3.7m | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $16.6m | $28.2m | $31.2m | $43.3m | $27.2m | $39.5m | $133.8m | $246.2m | $219.7m | $217.1m | |
| Income Taxes Paid, Net | $48.5m | $4.0m | $41.3m | $40.1m | $74.2m | $158.9m | $41.4m | $14.3m | $21.1m | $12.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.