For the year ending 2026-01-31, RH had $10,778K increase in cash & cash equivalents over the period. $252,398K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 |
|---|---|---|---|---|
| Net income | 124,787 | 72,412 | 127,561 | 528,642 |
| Depreciation and amortization | 148,500 | 130,191 | 118,989 | 108,588 |
| Non-cash operating lease cost | 105,447 | 96,406 | 86,699 | 75,185 |
| Stock-based compensation expense | 43,882 | 44,185 | 39,384 | 43,546 |
| Non-cash compensation related to consolidated variable interest entities | - | - | - | 4,470 |
| Asset impairments | 4,635 | 37,570 | 8,339 | 24,186 |
| Non-cash finance lease interest expense | 40,093 | 31,896 | 33,822 | 32,051 |
| Product recalls | - | - | - | -560 |
| Deferred income taxes | 25,632 | -1,494 | 25,266 | -91,988 |
| (gain) loss on extinguishment of debt | - | - | - | -169,578 |
| Share of equity method investments net (income) loss | 5,008 | -11,380 | -10,875 | -2,055 |
| Distribution of return on equity method investment | 4,630 | - | - | - |
| Other non-cash items | -8,827 | -9,097 | 7,362 | 5,249 |
| Accounts receivable | -250 | 8,484 | -4,690 | 1,846 |
| Merchandise inventories | -213,776 | 268,573 | -47,274 | 77,193 |
| Prepaid expense and other assets | 53,860 | 19,392 | 65,658 | 102,521 |
| Landlord assets under construction-net of tenant allowances | 89,028 | 51,538 | 25,368 | 51,369 |
| Accounts payable and accrued expenses | -13,553 | 46,778 | -41,070 | -56,264 |
| Deferred revenue and customer deposits | 41,411 | 9,352 | -42,974 | -62,086 |
| Other current liabilities | -4,953 | -1,798 | -5,937 | -37,653 |
| Current and non-current operating lease liabilities | -105,039 | -90,334 | -95,634 | -76,968 |
| Other non-current obligations | -38,188 | -30,559 | -31,406 | -32,499 |
| Net cash provided by operating activities | 452,241 | 17,095 | 202,214 | 403,687 |
| Capital expenditures | 199,843 | 230,788 | 269,356 | 173,642 |
| Proceeds from sale of asset | - | - | - | 5,287 |
| Acquisition of business | 32,119 | - | - | - |
| Equity method investments | 374 | 9,621 | 38,075 | 2,713 |
| Acquisition of intangible asset | 3,102 | - | - | - |
| Receipt of promissory note repayment from equity method investee | 1,750 | - | - | - |
| Distribution of return of equity method investment | 7,916 | - | - | - |
| Proceeds from insurance recoveries | 2,079 | - | - | - |
| Net cash used in investing activities | -223,693 | -240,409 | -307,431 | -171,068 |
| Borrowings under asset based credit facility | 325,000 | 235,000 | - | - |
| Borrowings under term loans | - | - | - | 500,000 |
| Repayments under asset based credit facility | 505,000 | 35,000 | - | - |
| Repayments under term loans | 25,000 | 25,000 | 25,000 | 21,250 |
| Borrowings under real estate loans | - | - | - | 16,000 |
| Repayments under real estate loans | - | 127 | 26 | 10 |
| Repayments under promissory and equipment security notes | - | - | 1,160 | 13,863 |
| Repayments of convertible senior notes | - | 41,904 | 1,696 | 13,064 |
| Repayment under convertible senior notes repurchase obligation | - | - | - | 395,372 |
| Debt extinguishment costs | - | - | - | 8,059 |
| Debt issuance costs | 3,339 | - | - | 28,069 |
| Principal payments under finance lease agreements-net of tenant allowances | 13,036 | 20,752 | 13,972 | 10,146 |
| Proceeds from termination of convertible senior note hedges | - | - | - | 231,796 |
| Payments for termination of common stock warrants | - | - | - | 390,934 |
| Repurchases of common stock-inclusive of excise taxes paid | - | 11,988 | 1,252,899 | 1,000,000 |
| Proceeds from exercise of stock options | 4,389 | 30,904 | 12,122 | 231,297 |
| Tax withholdings related to issuance of stock-based awards | - | 547 | 400 | 803 |
| Other financing activities | -2,411 | - | - | - |
| Net cash provided by (used in) financing activities | -219,397 | 130,586 | -1,283,031 | -902,477 |
| Effects of foreign currency exchange rate translation on cash | 1,627 | -547 | 173 | -243 |
| Net increase (decrease) in cash and cash equivalents | 10,778 | -93,275 | -1,388,075 | -670,101 |
RH (RH)
RH (RH)