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HNI HNI Gross Profit

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Other financials

Income statement

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Revenue$1.3B+125%
Operating income-$36.4M-249%
Net income-$38.8M-379%
EPS (diluted)-$0.55-290%

Balance sheet

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Cash & equivalents$80.3M+281%
Total debt$1.7B+213%
Total equity$1.8B+121%
Total assets$4.8B+157%

Cash flow

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Operating cash flow-$171.8M-1,463%
CapEx$35.7M+119%
Free cash flow-$207.5M-5,508%

Valuation

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Market cap$3.53B+75.6%
Enterprise value$5.18B+102%
P/E54.7×-23.6×
P/S+0.2×

Profitability

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Gross margin40.1%-0.8pp
Operating margin8.2%+1.0pp
Net margin5.5%+0.6pp
FCF margin0.1%-7.2pp

Returns & leverage

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Return on equity16.8%+1.2pp
Debt / equity+0.3×
Current ratio1.4×+0.2×

Where this comes from

Calculated from HNI’s reported figures.

The source filing: HNI’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 5:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000048287-26-000100
Line itemThree Months Ended / April 4,2026Three Months Ended / March 29,2025
Net sales$1,347.5$599.8
Cost of sales847.6361.4
Gross profit499.9238.4
Selling and administrative expenses514.8207.6
Acquisition costs3.5
Restructuring and impairment charges18.06.4
Operating income (loss)(36.4)24.4
Other non-operating income, net1.5

Item 1. Financial Statements

FAQ

What is HNI's gross profit?
HNI (HNI) reported gross profit of $499.9M in Q1 2026.
How has HNI's gross profit changed year-over-year?
HNI's gross profit increased by 109.7% year-over-year, from $238.4M to $499.9M.
What is the long-term trend for HNI's gross profit?
Over 4 years (2021 to 2025), HNI's gross profit has grown at a 11.6% compound annual growth rate (CAGR), from $757.35M to $1.18B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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