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Side-by-side financial comparison of FLEXSTEEL INDUSTRIES INC (FLXS) and SOLENO THERAPEUTICS INC (SLNO). Click either name above to swap in a different company.

FLEXSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($115.1M vs $66.0M, roughly 1.7× SOLENO THERAPEUTICS INC). SOLENO THERAPEUTICS INC runs the higher net margin — 39.4% vs 17.7%, a 21.7% gap on every dollar of revenue.

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.

SOLENO THERAPEUTICS INC is a clinical-stage biopharmaceutical company specializing in developing novel therapies for rare endocrine, metabolic, and neurodevelopmental disorders. Its lead product candidate targets Prader-Willi syndrome, a rare genetic condition, with key patient markets across North America and the European Union.

FLXS vs SLNO — Head-to-Head

Bigger by revenue
FLXS
FLXS
1.7× larger
FLXS
$115.1M
$66.0M
SLNO
Higher net margin
SLNO
SLNO
21.7% more per $
SLNO
39.4%
17.7%
FLXS

Income Statement — Q1 FY2027 vs Q3 FY2025

Metric
FLXS
FLXS
SLNO
SLNO
Revenue
$115.1M
$66.0M
Net Profit
$20.4M
$26.0M
Gross Margin
22.6%
98.3%
Operating Margin
33.5%
Net Margin
17.7%
39.4%
Revenue YoY
1.0%
Net Profit YoY
116.0%
134.0%
EPS (diluted)
$1.14
$0.47

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
SLNO
SLNO
Q3 26
$115.1M
Q4 25
$118.2M
Q3 25
$110.4M
$66.0M
Q2 25
$114.6M
$32.7M
Q1 25
$114.0M
Q4 24
$108.5M
Q3 24
$104.0M
Q2 24
$110.8M
Net Profit
FLXS
FLXS
SLNO
SLNO
Q3 26
$20.4M
Q4 25
$6.6M
Q3 25
$7.3M
$26.0M
Q2 25
$10.7M
$-4.7M
Q1 25
$-3.7M
Q4 24
$9.1M
Q3 24
$4.1M
Q2 24
$4.9M
Gross Margin
FLXS
FLXS
SLNO
SLNO
Q3 26
22.6%
Q4 25
22.7%
Q3 25
23.5%
98.3%
Q2 25
23.9%
97.9%
Q1 25
22.2%
Q4 24
21.0%
Q3 24
21.5%
Q2 24
21.3%
Operating Margin
FLXS
FLXS
SLNO
SLNO
Q3 26
Q4 25
7.6%
Q3 25
8.1%
33.5%
Q2 25
12.2%
-20.0%
Q1 25
-4.4%
Q4 24
10.7%
Q3 24
5.8%
Q2 24
6.9%
Net Margin
FLXS
FLXS
SLNO
SLNO
Q3 26
17.7%
Q4 25
5.6%
Q3 25
6.6%
39.4%
Q2 25
9.3%
-14.4%
Q1 25
-3.3%
Q4 24
8.3%
Q3 24
4.0%
Q2 24
4.4%
EPS (diluted)
FLXS
FLXS
SLNO
SLNO
Q3 26
$1.14
Q4 25
$1.18
Q3 25
$1.31
$0.47
Q2 25
$1.90
$-0.09
Q1 25
$-0.71
Q4 24
$1.62
Q3 24
$0.74
Q2 24
$0.87

Balance Sheet & Financial Strength

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

Metric
FLXS
FLXS
SLNO
SLNO
Cash + ST InvestmentsLiquidity on hand
$57.3M
$498.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$185.3M
$494.8M
Total Assets
$290.2M
$599.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLXS
FLXS
SLNO
SLNO
Q3 26
$57.3M
Q4 25
$36.8M
Q3 25
$38.6M
$498.9M
Q2 25
$40.0M
$286.8M
Q1 25
$22.6M
Q4 24
$11.8M
Q3 24
$5.7M
Q2 24
$4.8M
Stockholders' Equity
FLXS
FLXS
SLNO
SLNO
Q3 26
$185.3M
Q4 25
$178.9M
Q3 25
$172.2M
$494.8M
Q2 25
$167.9M
$240.1M
Q1 25
$158.1M
Q4 24
$161.9M
Q3 24
$154.7M
Q2 24
$150.4M
Total Assets
FLXS
FLXS
SLNO
SLNO
Q3 26
$290.2M
Q4 25
$290.2M
Q3 25
$281.5M
$599.9M
Q2 25
$282.5M
$332.3M
Q1 25
$266.1M
Q4 24
$271.5M
Q3 24
$268.7M
Q2 24
$274.5M

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
SLNO
SLNO
Operating Cash FlowLast quarter
$27.2M
$43.5M
Free Cash FlowOCF − Capex
$43.5M
FCF MarginFCF / Revenue
65.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.33×
1.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLXS
FLXS
SLNO
SLNO
Q3 26
$27.2M
Q4 25
$1.0M
Q3 25
$4.1M
$43.5M
Q2 25
$15.6M
$-12.6M
Q1 25
$12.3M
Q4 24
$6.7M
Q3 24
$2.4M
Q2 24
$7.5M
Free Cash Flow
FLXS
FLXS
SLNO
SLNO
Q3 26
Q4 25
$-735.0K
Q3 25
$2.8M
$43.5M
Q2 25
$15.1M
$-12.6M
Q1 25
$10.9M
Q4 24
$5.8M
Q3 24
$2.0M
Q2 24
$7.1M
FCF Margin
FLXS
FLXS
SLNO
SLNO
Q3 26
Q4 25
-0.6%
Q3 25
2.5%
65.8%
Q2 25
13.1%
-38.6%
Q1 25
9.6%
Q4 24
5.3%
Q3 24
1.9%
Q2 24
6.4%
Capex Intensity
FLXS
FLXS
SLNO
SLNO
Q3 26
Q4 25
1.5%
Q3 25
1.2%
0.0%
Q2 25
0.5%
0.0%
Q1 25
1.2%
Q4 24
0.8%
Q3 24
0.4%
Q2 24
0.4%
Cash Conversion
FLXS
FLXS
SLNO
SLNO
Q3 26
1.33×
Q4 25
0.15×
Q3 25
0.56×
1.67×
Q2 25
1.46×
Q1 25
Q4 24
0.74×
Q3 24
0.58×
Q2 24
1.53×

Financial Flow Comparison

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

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