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Side-by-side financial comparison of FLEXSTEEL INDUSTRIES INC (FLXS) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

FLEXSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($115.1M vs $88.5M, roughly 1.3× Hut 8 Corp.). FLEXSTEEL INDUSTRIES INC runs the higher net margin — 17.7% vs -316.0%, a 333.8% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 1.0%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs 1.9%).

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.

Tropical Hut is a Filipino chain of fast food restaurants owned by Mercury Group of Companies, Inc. It is the 7th oldest food chain in the Philippines and older than Jollibee (1978) and McDonald's Philippines (1981).

FLXS vs HUT — Head-to-Head

Bigger by revenue
FLXS
FLXS
1.3× larger
FLXS
$115.1M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+178.2% gap
HUT
179.2%
1.0%
FLXS
Higher net margin
FLXS
FLXS
333.8% more per $
FLXS
17.7%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
1.9%
FLXS

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
FLXS
FLXS
HUT
HUT
Revenue
$115.1M
$88.5M
Net Profit
$20.4M
$-279.7M
Gross Margin
22.6%
60.4%
Operating Margin
-491.4%
Net Margin
17.7%
-316.0%
Revenue YoY
1.0%
179.2%
Net Profit YoY
116.0%
-283.7%
EPS (diluted)
$1.14
$-2.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLXS
FLXS
HUT
HUT
Q3 26
$115.1M
Q4 25
$118.2M
$88.5M
Q3 25
$110.4M
$83.5M
Q2 25
$114.6M
$41.3M
Q1 25
$114.0M
$21.8M
Q4 24
$108.5M
$31.7M
Q3 24
$104.0M
$43.7M
Q2 24
$110.8M
$35.2M
Net Profit
FLXS
FLXS
HUT
HUT
Q3 26
$20.4M
Q4 25
$6.6M
$-279.7M
Q3 25
$7.3M
$50.1M
Q2 25
$10.7M
$137.3M
Q1 25
$-3.7M
$-133.9M
Q4 24
$9.1M
$152.2M
Q3 24
$4.1M
$647.0K
Q2 24
$4.9M
$-71.9M
Gross Margin
FLXS
FLXS
HUT
HUT
Q3 26
22.6%
Q4 25
22.7%
60.4%
Q3 25
23.5%
61.3%
Q2 25
23.9%
47.3%
Q1 25
22.2%
14.5%
Q4 24
21.0%
35.9%
Q3 24
21.5%
59.9%
Q2 24
21.3%
41.4%
Operating Margin
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
7.6%
-491.4%
Q3 25
8.1%
87.0%
Q2 25
12.2%
Q1 25
-4.4%
-676.8%
Q4 24
10.7%
Q3 24
5.8%
-3.6%
Q2 24
6.9%
-246.2%
Net Margin
FLXS
FLXS
HUT
HUT
Q3 26
17.7%
Q4 25
5.6%
-316.0%
Q3 25
6.6%
60.0%
Q2 25
9.3%
332.5%
Q1 25
-3.3%
-613.7%
Q4 24
8.3%
480.3%
Q3 24
4.0%
1.5%
Q2 24
4.4%
-204.1%
EPS (diluted)
FLXS
FLXS
HUT
HUT
Q3 26
$1.14
Q4 25
$1.18
$-2.45
Q3 25
$1.31
$0.43
Q2 25
$1.90
$1.18
Q1 25
$-0.71
$-1.30
Q4 24
$1.62
$1.41
Q3 24
$0.74
$0.01
Q2 24
$0.87
$-0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLXS
FLXS
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$57.3M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$185.3M
$1.4B
Total Assets
$290.2M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLXS
FLXS
HUT
HUT
Q3 26
$57.3M
Q4 25
$36.8M
$44.9M
Q3 25
$38.6M
$33.5M
Q2 25
$40.0M
$216.3M
Q1 25
$22.6M
$108.4M
Q4 24
$11.8M
$85.0M
Q3 24
$5.7M
Q2 24
$4.8M
Total Debt
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.6M
Q3 24
$297.3M
Q2 24
$328.8M
Stockholders' Equity
FLXS
FLXS
HUT
HUT
Q3 26
$185.3M
Q4 25
$178.9M
$1.4B
Q3 25
$172.2M
$1.4B
Q2 25
$167.9M
$1.3B
Q1 25
$158.1M
$960.0M
Q4 24
$161.9M
$976.7M
Q3 24
$154.7M
$703.9M
Q2 24
$150.4M
$660.1M
Total Assets
FLXS
FLXS
HUT
HUT
Q3 26
$290.2M
Q4 25
$290.2M
$2.8B
Q3 25
$281.5M
$2.7B
Q2 25
$282.5M
$2.0B
Q1 25
$266.1M
$1.6B
Q4 24
$271.5M
$1.5B
Q3 24
$268.7M
$1.1B
Q2 24
$274.5M
$1.1B
Debt / Equity
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.31×
Q3 24
0.42×
Q2 24
0.50×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLXS
FLXS
HUT
HUT
Operating Cash FlowLast quarter
$27.2M
$-139.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLXS
FLXS
HUT
HUT
Q3 26
$27.2M
Q4 25
$1.0M
$-139.2M
Q3 25
$4.1M
$770.0K
Q2 25
$15.6M
$-48.8M
Q1 25
$12.3M
$-33.8M
Q4 24
$6.7M
$-68.5M
Q3 24
$2.4M
$-4.2M
Q2 24
$7.5M
$-16.4M
Free Cash Flow
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
$-735.0K
Q3 25
$2.8M
Q2 25
$15.1M
Q1 25
$10.9M
Q4 24
$5.8M
Q3 24
$2.0M
Q2 24
$7.1M
FCF Margin
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
-0.6%
Q3 25
2.5%
Q2 25
13.1%
Q1 25
9.6%
Q4 24
5.3%
Q3 24
1.9%
Q2 24
6.4%
Capex Intensity
FLXS
FLXS
HUT
HUT
Q3 26
Q4 25
1.5%
Q3 25
1.2%
Q2 25
0.5%
Q1 25
1.2%
Q4 24
0.8%
Q3 24
0.4%
Q2 24
0.4%
Cash Conversion
FLXS
FLXS
HUT
HUT
Q3 26
1.33×
Q4 25
0.15×
Q3 25
0.56×
0.02×
Q2 25
1.46×
-0.36×
Q1 25
Q4 24
0.74×
-0.45×
Q3 24
0.58×
-6.49×
Q2 24
1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLXS
FLXS

Segment breakdown not available.

HUT
HUT

High Performance Computing Colocation And Cloud$81.9M93%
Power$5.0M6%
Digital Infrastructure$1.6M2%

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