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HNI HNI Business Segments

FY'25FY'24FY'23FY'22
Net Sales by Business
Residential building products$674.9M+5.7%$638.4M-8.0%$693.6M-20.8%$875.6M+16.7%
Workplace furnishings$2.16B+14.6%$1.89B+8.5%$1.74B+17.1%$1.49B+3.6%
Operating Income (Loss) by Business
Residential building products$121.9M+9.9%$110.9M-5.0%$116.7M-26.5%$158.7M
Workplace furnishings$183M+8.2%$169.1M+147%$68.6M
Selling and Administrative Expenses: by Business
Residential building products$185.6M+6.7%$174M-5.0%$183.2M-11.8%$207.7M
Workplace furnishings$667.8M+16.5%$573.3M+9.2%$524.8M+14.2%$459.4M
Cost of Sales by Business
Residential building products$367.3M+4.2%$352.4M-10.5%$393.9M-22.6%$509.2M
Workplace furnishings$1.3B+13.6%$1.14B+4.5%$1.09B+7.3%$1.02B
Goodwill, net by Business
Residential building products$889.2M0.0%$889.2M0.0%$889.2M+0.8%$881.75M+9.1%
Workplace furnishings$1.4B+58.7%$879.2M+3.9%$846.5M+153%$334.44M-6.7%
Capital Expenditures (including capitalized software): by Business
Residential building products$10M+22.0%$8.2M-34.9%$12.6M-22.2%$16.2M+0.6%
Workplace furnishings$50.9M+40.6%$36.2M-42.3%$62.7M+55.2%$40.4M+16.1%
Goodwill, Impaired, Accumulated Impairment Loss by Business
Residential building products$400K0.0%$400K0.0%$400K-9.7%$443K-16.3%
Workplace furnishings$258.4M-17.7%$314M+14.8%$273.5M-6.9%$293.93M-1.1%
Goodwill by Business
Residential building products$889.6M0.0%$889.6M0.0%$889.6M+0.8%$882.39M+9.2%
Workplace furnishings$1.65B+48.3%$1.11B+7.0%$1.04B+65.7%$628.57M-4.2%
D&A by Business
Residential building products$14.8M+3.5%$14.3M+4.4%$13.7M+7.9%$12.7M+28.2%
Workplace furnishings$72.8M-1.0%$73.5M+23.3%$59.6M+30.7%$45.6M-4.8%
Goodwill measurement period adjustments by Business
Residential building products$0$0
Net Sales by Product
Other$215M+37.0%$156.9M-0.4%$157.5M+27.9%$123.1M+6.6%
Seating$650.5M+11.5%$583.6M+11.1%$525.5M+11.0%$473.6M-2.3%
Systems, storage, and tables$1.3B+13.2%$1.15B+8.5%$1.06B+18.9%$889.6M

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Questions, answered.

How does HNI break its business down?
HNI (HNI) reports net sales by business across 2 parts — Residential building products and Workplace furnishings. Each is extracted from the segment footnotes and tracked over time.
Where does HNI's segment data come from?
Segment breakdowns are pulled from the segment footnotes in HNI's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.