---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-120343"
form_type: "8-K"
ticker: "RH"
cik: "0001528849"
company_name: "RH"
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:29:46.031302+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RH Q3 revenue up 9% to $884M, net income up 9%, free cash flow $83M; Q4 guidance 7-8% revenue growth

## Summary
- Q3 GAAP revenue $884M (+9% YoY), net income $36M (+9%), adjusted operating margin 11.6% (below 12.5% midpoint due to tariffs and Paris costs).
- Free cash flow $83M in Q3; YTD $198M; on track for $250M-$300M full-year outlook.
- Q4 outlook: revenue growth 7-8%, adjusted operating margin 12.5%-13.5%, adjusted EBITDA margin 18.7%-19.6%.
- FY2025 outlook: revenue growth 9.0%-9.2%, adjusted operating margin 11.6%-11.9%, free cash flow $250M-$300M.
- Net debt down $85M to $2.427B; inventory down 11% YoY; real estate assets with ~$500M equity value to be monetized.

## SEC filing metadata
- accession: 0001104659-25-120343
- form_type: 8-K
- ticker: RH
- cik: 0001528849
- company_name: RH
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528849/000110465925120343/0001104659-25-120343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528849/000110465925120343/rh-20251211x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-120343
- JSON: https://secwatch.observer/filing/0001104659-25-120343.json
- Plain text: https://secwatch.observer/filing/0001104659-25-120343.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.