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of Contents](#TOC)\n\n​\n\n​\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\nFORM 10-Q\n\n**(Mark One)**\n\n**☒**\n\n**QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n**For the quarterly period ended****May 2, 2026**\n\n**or**\n\n**☐**\n\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n**For the transition period from             to**\n\n**Commission file number:****001-35720**\n\n**(Exact name of registrant as specified in its charter)**\n\n​\n\n**Delaware**\n\n  ​ ​ ​\n\n**45-3052669**\n\n**(State or other jurisdiction of********incorporation or organization)**\n\n \n\n**(I.R.S. Employer********Identification Number)**\n\n**15 Koch Road************Corte Madera****,****CA**\n\n \n\n**94925**\n\n**(Address of principal executive offices)**\n\n \n\n**(Zip Code)**\n\n​\n\n**Registrant’s telephone number, including area code: (****415****) ****924-1005**\n\n**Securities registered pursuant to Section 12(b) of the Act:**\n\n \n\n​\n\n​\n\n**Common Stock****, $0.0001 par value**\n\n​\n\n**RH**\n\n**New York Stock Exchange****, Inc.**\n\n**(Title of each class)**\n\n​\n\n**(Trading symbol)**\n\n**(Name of each exchange on which registered)**\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes  ☒   No  ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).   Yes  ☒    No  ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n​\n\nLarge accelerated filer\n\n \n\n☒\n\n  ​\n\nAccelerated filer\n\n \n\n☐\n\nNon-accelerated filer\n\n \n\n☐  \n\n  ​\n\nSmaller reporting company\n\n \n\n☐\n\n​\n\n​\n\n​\n\n​\n\nEmerging growth company\n\n​\n\n☐\n\n​\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   Yes  ☐    No  ☒\n\nAs of June 5, 2026, 18,900,969 shares of the registrant’s common stock were outstanding.\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\nRH\n\nINDEX TO FORM 10-Q\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n  ​ ​ ​\n\n​\n\n  ​ ​ ​\n\n​\n\n​\n\n​\n\n​\n\n​\n\nPage\n\n[**PART I. FINANCIAL INFORMATION**](#PARTI_25276)\n\n[Item 1.](#Item1FinancialStatements_79860)\n\n[Financial Statements](#Item1FinancialStatements_79860)\n\n3\n\n[Condensed Consolidated Balance Sheets (Unaudited)as of May 2, 2026 and January 31, 2026](#_CONDENSED_CONSOLIDATED_BALANCE)\n\n3\n\n[Condensed Consolidated Statements of Income (Loss) (Unaudited)for the three months ended May 2, 2026 and May 3, 2025](#_CONDENSED_CONSOLIDATED_STATEMENTS)\n\n4\n\n[Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)for the three months ended May 2, 2026 and May 3, 2025](#CONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREH)\n\n5\n\n[Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited)for the three months ended May 2, 2026 and May 3, 2025](#STOCKHOLDERSEQUITYDEFICIT_312374)\n\n6\n\n[Condensed Consolidated Statements of Cash Flows (Unaudited)for the three months ended May 2, 2026 and May 3, 2025](#CONDENSEDCONSOLIDATEDSTATEMENTSOFCASHFLO)\n\n7\n\n[Notes to Condensed Consolidated Financial Statements (Unaudited)](#NOTESTOCONDENSEDCONSOLIDATEDFINANCIALSTA)\n\n9\n\n[Item 2.](#Item2ManagementsDiscussionandAnalysisofF)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#Item2ManagementsDiscussionandAnalysisofF)\n\n27\n\n[Item 3.](#Item3QuantitativeandQualitativeDisclosur)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#Item3QuantitativeandQualitativeDisclosur)\n\n44\n\n[Item 4.](#Item4ControlsandProcedures_310141)\n\n[Controls and Procedures](#Item4ControlsandProcedures_310141)\n\n44\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**PART II. OTHER INFORMATION**](#PARTII_878929)\n\n[Item 1.](#Item1LegalProceedings_852039)\n\n[Legal Proceedings](#Item1LegalProceedings_852039)\n\n45\n\n[Item 1A.](#Item1ARiskFactors_206284)\n\n[Risk Factors](#Item1ARiskFactors_206284)\n\n45\n\n[Item 2.](#Item2UnregisteredSalesofEquitySecurities)\n\n​\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#Item2UnregisteredSalesofEquitySecurities)\n\n​\n\n46\n\n[Item 3.](#Item3DefaultsUponSeniorSecurities_168836)\n\n​\n\n[Defaults Upon Senior Securities](#Item3DefaultsUponSeniorSecurities_168836)\n\n​\n\n46\n\n[Item 4.](#Item4MineSafetyDisclosures_104264)\n\n​\n\n[Mine Safety Disclosures](#Item4MineSafetyDisclosures_104264)\n\n​\n\n46\n\n[Item 5.](#Item5OtherInformation_535302)\n\n​\n\n[Other Information](#Item5OtherInformation_535302)\n\n​\n\n46\n\n[Item 6.](#Item6Exhibits_19379)\n\n[Exhibits](#Item6Exhibits_19379)\n\n47\n\n[Signatures](#SIGNATURES_535692)\n\n48\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\nTABLE OF CONTENTS\n\n2026 FIRST QUARTER FORM 10-Q | 2\n\n​\n\n[Table of Contents](#TOC)\n\n**PART I**"}