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HNI HNI Payments for Restructuring

Payments for Restructuring at other companies

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XylemXYL
$37M+76.2%
Xylem logo
XylemXYL
$37M+76.2%
PPG Industries logo
PPG IndustriesPPG
$16M-11.1%
WEC Energy Group logo
WEC Energy GroupWEC
$175K+40.0%
HNI logo
HNIHNI
$10.3M
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Minerals TechnologiesMTX
$600K-14.3%

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:PaymentsForRestructuring.

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

As of April 4, 2026 and January 3, 2026, accrued restructuring expenses of $14.4 million and $13.1 million, respectively, were included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets. Cash payments related to these charges in the current year-to-date period were $10.3 million. In the prior year-to-date period, cash payments were not material.

Item 1. Financial Statements

FAQ

What is HNI's payments for restructuring?
HNI (HNI) reported payments for restructuring of $10.3M in Q1 2026.
What does payments for restructuring mean?
This metric represents the actual cash outflows associated with organizational restructuring activities, such as severance, facility closures, or asset impairments. It reflects the company's commitment to streamlining operations and the cash impact of executing strategic cost-reduction initiatives.

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