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HNI HNI Workplace furnishings — D&A

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Other financials

Income statement

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Revenue$1.3B+125%
Gross profit$499.9M+110%
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

Reported directly by HNI in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

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 4,2026March 29,2025
Interest Expense, Net20.75.5
Income (Loss) Before Income Taxes$(55.6)$18.9
Depreciation and Amortization Expense:
Workplace furnishings$66.6$17.1
Residential building products3.93.6
General corporate4.74.9
Total$75.2$25.5
Capital Expenditures (including capitalized software):

Item 1. Financial Statements

FAQ

What is HNI's workplace furnishings — D&A?
HNI (HNI) reported workplace furnishings — D&A of $66.6M in Q1 2026.
How has HNI's workplace furnishings — D&A changed year-over-year?
HNI's workplace furnishings — D&A increased by 289.5% year-over-year, from $17.1M to $66.6M.
What is the long-term trend for HNI's workplace furnishings — D&A?
Over 4 years (2021 to 2025), HNI's workplace furnishings — D&A has grown at a 11.0% compound annual growth rate (CAGR), from $47.88M to $72.8M.
What does workplace furnishings — D&A mean?
This represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the workplace furnishings segment. It reflects the ongoing consumption of capital investments required to maintain and grow the segment's production and operational capacity. Tracking this is essential for calculating cash flow and understanding the segment's capital intensity.

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