FLEXSTEEL INDUSTRIES INCFLXSEarnings & Financial Report
Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.
Revenue
$110.4M
Gross Profit
$25.9M
Operating Profit
$9.0M
Net Profit
$7.3M
Gross Margin
23.5%
Operating Margin
8.1%
Net Margin
6.6%
YoY Growth
6.2%
EPS
$1.31
FLEXSTEEL INDUSTRIES INC Q1 FY2026 Financial Summary
FLEXSTEEL INDUSTRIES INC reported revenue of $110.4M (up 6.2% YoY) for Q1 FY2026, with a net profit of $7.3M (up 77.0% YoY) (6.6% margin). Cost of goods sold was $84.5M, operating expenses totaled $17.0M.
Key Financial Metrics
| Total Revenue | $110.4M |
|---|---|
| Net Profit | $7.3M |
| Gross Margin | 23.5% |
| Operating Margin | 8.1% |
| Report Period | Q1 FY2026 |
FLEXSTEEL INDUSTRIES INC Annual Revenue by Year
FLEXSTEEL INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $441.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $441.1M |
| 2024 | $412.8M |
| 2023 | $393.7M |
| 2022 | $544.3M |
FLEXSTEEL INDUSTRIES INC Quarterly Revenue & Net Profit History
FLEXSTEEL INDUSTRIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2027 | $115.1M | -64.7% | $20.4M | 17.7% |
| Q2 FY2026 | $118.2M | +9.0% | $6.6M | 5.6% |
| Q1 FY2026 | $110.4M | +6.2% | $7.3M | 6.6% |
| Q4 FY2025 | $114.6M | +3.4% | $10.7M | 9.3% |
| Q3 FY2025 | $114.0M | +6.3% | $-3.7M | -3.3% |
| Q2 FY2025 | $108.5M | +8.4% | $9.1M | 8.3% |
| Q1 FY2025 | $104.0M | +9.9% | $4.1M | 4.0% |
| Q4 FY2024 | $110.8M | +4.7% | $4.9M | 4.4% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110.8M | $104.0M | $108.5M | $114.0M | $114.6M | $110.4M | $118.2M | $115.1M |
| YoY Growth | 4.7% | 9.9% | 8.4% | 6.3% | 3.4% | 6.2% | 9.0% | -64.7% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $274.5M | $268.7M | $271.5M | $266.1M | $282.5M | $281.5M | $290.2M | $290.2M |
| Liabilities | $124.1M | $114.0M | $109.6M | $108.0M | $114.6M | $109.3M | $111.3M | $104.9M |
| Equity | $150.4M | $154.7M | $161.9M | $158.1M | $167.9M | $172.2M | $178.9M | $185.3M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.5M | $2.4M | $6.7M | $12.3M | $15.6M | $4.1M | $1.0M | $27.2M |