Arhaus, Inc.ARHS

Arhaus, Inc. New Standards Disclosure

10-KFiled Feb 26, 20262 min read
Recently Issued Accounting Standards
New Accounting Standards Adopted
The Company adopted Accounting Standards Updates (“ASU”) 2023-09 — Income Taxes (Topic 740): Improvements to Income Tax Disclosures during the year ended December 31, 2025. The adoption of ASU 2023-09 did not have a material impact on our accounting policies, financial position or results of operations but did require additional disclosures. See Note 13 — Income Taxes for additional information.

Accounting Standards Not Yet Adopted

The following table summarizes accounting standards which the Company has not yet adopted but will be adopted in upcoming fiscal years. ASU 2024-03 and the related ASU 2025-01 are effective for annual periods beginning after December 15, 2026. We are evaluating the impact these pronouncements will have on our consolidated financial statements and related disclosures. ASU 2025-05 is effective for annual periods beginning after December 15, 2025. We are evaluating the impact ASU 2025-05 will have on our consolidated financial statements and related disclosures. ASU 2025-06 is effective for annual periods beginning after December 15, 2027. We are evaluating the impact ASU 2025-06 will have on our consolidated financial statements and related disclosures.

ASUDescriptionAdoption Date
ASU 2024-03
Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses
Fiscal Year 2027
ASU 2025-01
Income Statement—Reporting Comprehensive Income Expense—Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date
Fiscal Year 2027
ASU 2025-05
Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets
Fiscal Year 2026
ASU 2025-06
Intangibles—Goodwill and Other—Internal Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal Use Software
Fiscal Year 2028

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Feb 26, 2025
2023Mar 11, 2024
2022Mar 9, 2023
2021Mar 30, 2022

About New Standards Disclosures

New accounting standards disclosures describe recently adopted pronouncements and those not yet effective, along with management's assessment of their expected impact. This section provides an early warning system for upcoming changes to how a company reports its financial results, often years before the new rules take effect.

Key signals: when management describes a not-yet-adopted standard's impact as "material" or "still being evaluated," it signals potential significant changes to reported metrics upon adoption. Watch for standards that affect a company's core operations — for example, revenue recognition changes for software companies or lease accounting changes for retailers with large store footprints. The transition method chosen (full retrospective versus modified retrospective) affects comparability with prior periods. Companies that delay adoption to the latest permitted date may be struggling with implementation complexity. Compare the disclosed impact assessments against peers in the same industry to gauge whether management's expectations are reasonable.

Other Available Disclosures

Income TaxesEarnings Per SharePP&EGoodwill & IntangiblesLeasesSegmentsDebtCommitmentsStock Compensation