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.
FLXS Q1 FY2027 Key Financial Metrics
Revenue
$115.1M
Gross Profit
$26.0M
Operating Profit
N/A
Net Profit
$20.4M
Gross Margin
22.6%
Operating Margin
N/A
Net Margin
17.7%
YoY Growth
-64.7%
EPS
$1.14
FLEXSTEEL INDUSTRIES INC Q1 FY2027 Financial Summary
FLEXSTEEL INDUSTRIES INC reported revenue of $115.1M (down 64.7% YoY) for Q1 FY2027, with a net profit of $20.4M (up 116.0% YoY) (17.7% margin). Cost of goods sold was $89.1M.
Key Financial Metrics
| Total Revenue | $115.1M |
|---|---|
| Net Profit | $20.4M |
| Gross Margin | 22.6% |
| Operating Margin | N/A |
| Report Period | Q1 FY2027 |
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).
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 |