HNI Corporation (HNI)

NYSE Industrials Office Services & Supplies S&P SmallCap 600

$47.26

-1.05 (-2.17%)

Close of Nov 06, 2026 · end-of-day data

Source: HNI Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Revenue	$2.20B	$2.18B	$2.26B	$2.25B	$1.96B	$2.18B	$2.36B	$2.43B	$2.53B	$2.84B
Cost of revenue	$1.37B	$1.39B	$1.42B	$1.41B	$1.23B	$1.43B	$1.53B	$1.49B	$1.49B	$1.66B
Gross profit	$835.01M	$783.99M	$835.04M	$833.76M	$721.10M	$757.40M	$834.90M	$948.30M	$1.03B	$1.18B
Research & development	$28.09M	$31.85M	$33.42M	$34.70M	$35.30M	$39.40M	$47.80M	$47.20M	$53.60M	$56.60M
Selling, general & admin	$667.74M	$671.83M	$691.14M	$680.05M	$620.90M	$665.60M	$723.40M	$772.00M	$820.70M	$937.00M
Operating income	$133.69M	$76.69M	$128.17M	$151.34M	$61.40M	$85.40M	$155.20M	$90.30M	$206.50M	$126.00M
Interest expense	$5.09M	$6.08M	$9.45M	$8.63M	$6.99M	$7.15M	—	—	—	—
Pre-tax income	$128.91M	$70.61M	$118.72M	$142.71M	$54.40M	$78.30M	$146.40M	$64.80M	$179.30M	$90.80M
Income tax	$43.27M	-$19.29M	$25.40M	$32.21M	$12.50M	$18.50M	$22.50M	$15.60M	$39.80M	$36.50M
Net income	$85.58M	$89.80M	$93.38M	$110.50M	$41.90M	$59.80M	$123.90M	$49.20M	$139.50M	$54.20M
EBITDA	$202.64M	$149.56M	$202.96M	$228.77M	$139.10M	$168.50M	$239.40M	$185.20M	$314.30M	$233.10M
EPS (basic)	$1.93	$2.05	$2.14	$2.56	$0.98	$1.38	$2.97	$1.11	$2.95	$1.13
EPS (diluted)	$1.88	$2.00	$2.11	$2.54	$0.98	$1.36	$2.94	$1.09	$2.88	$1.11
Diluted shares	45.50M	44.84M	44.33M	43.49M	43.00M	44.00M	42.20M	45.40M	48.50M	48.90M
Gross margin	37.9%	36.0%	37.0%	37.1%	36.9%	34.7%	35.4%	39.0%	40.9%	41.4%
Operating margin	6.1%	3.5%	5.7%	6.7%	3.1%	3.9%	6.6%	3.7%	8.2%	4.4%
Net margin	3.9%	4.1%	4.1%	4.9%	2.1%	2.7%	5.2%	2.0%	5.5%	1.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Cash & equivalents	$36.31M	$23.35M	$76.82M	$52.07M	$116.12M	$52.30M	$17.40M	$28.90M	$20.20M	$209.20M
Short-term investments	$2.25M	$2.02M	$1.33M	$1.10M	$1.69M	$1.40M	$2.00M	$5.60M	$6.40M	$6.50M
Receivables	$229.44M	$258.55M	$255.21M	$278.12M	$207.97M	$240.00M	$218.40M	$247.10M	—	—
Inventory	$118.44M	$155.68M	$157.18M	$163.47M	$137.81M	$181.60M	$180.10M	$196.60M	$194.30M	$475.30M
Total current assets	$433.04M	$488.88M	$531.88M	$528.83M	$495.74M	$523.50M	$469.20M	$535.90M	$522.20M	$1.41B
Goodwill	$290.70M	$279.50M	$270.79M	$270.82M	$292.40M	$297.30M	$305.90M	$441.00M	$442.10M	$958.00M
Total assets	$1.33B	$1.39B	$1.40B	$1.45B	$1.42B	$1.50B	$1.41B	$1.93B	$1.88B	$4.88B
Total current liabilities	$463.47M	$489.70M	$434.31M	$478.70M	$439.03M	$506.40M	$395.10M	$463.70M	$477.50M	$1.14B
Short-term debt	$34.02M	$36.65M	$679.00K	$790.00K	$841.00K	$3.20M	$1.30M	$7.50M	$50.30M	$16.20M
Long-term debt	$180.00M	$240.00M	$249.35M	$174.44M	$174.52M	$174.60M	$188.80M	$428.30M	$294.30M	$1.28B
Total debt	$214.02M	$276.65M	$250.03M	$175.23M	$175.37M	$177.80M	$190.10M	$435.80M	$344.60M	$1.29B
Total liabilities	$829.63M	$877.48M	$838.91M	$868.47M	$827.29M	$907.90M	$797.70M	$1.17B	$1.03B	$3.05B
Shareholders' equity	$500.60M	$514.07M	$562.93M	$584.04M	$590.42M	$589.60M	$616.50M	$761.40M	$840.10M	$1.84B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Operating cash flow	$223.36M	$133.15M	$186.43M	$219.38M	$214.50M	$131.60M	$81.20M	$267.50M	$226.70M	$276.30M
Capital expenditures	$93.42M	$109.24M	$63.70M	$66.89M	$41.80M	$66.50M	$68.40M	$79.10M	$52.90M	$67.80M
Free cash flow	$129.94M	$23.91M	$122.73M	$152.50M	$172.70M	$65.10M	$12.80M	$188.40M	$173.80M	$208.50M
Investing cash flow	-$153.03M	-$118.02M	-$41.22M	-$62.90M	-$100.40M	-$111.00M	-$10.70M	-$444.80M	-$51.00M	-$443.90M
Financing cash flow	-$62.57M	-$28.09M	-$91.74M	-$181.23M	-$50.10M	-$84.50M	-$105.40M	$188.80M	-$182.20M	$363.10M
Dividends paid	$48.49M	$49.56M	$51.09M	$52.23M	$52.10M	$53.80M	$53.20M	$58.50M	$63.60M	$63.10M
Share buybacks	$55.83M	$57.51M	$30.45M	$83.89M	$6.80M	$59.20M	$65.20M	$300.00K	$65.80M	$83.60M
Stock-based compensation	$8.14M	$7.75M	$7.32M	$6.83M	$7.80M	$12.90M	$9.00M	$16.50M	$17.40M	$24.70M
Depreciation & amortization	$68.95M	$72.87M	$74.79M	$77.43M	$77.70M	$83.10M	$84.20M	$94.90M	$107.80M	$107.10M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Revenue	$679.80M	$588.00M	$623.70M	$672.20M	$642.50M	$599.80M	$667.10M	$683.80M	$888.40M	$1.35B	$1.47B	$1.59B
Cost of revenue	$406.70M	$355.10M	$362.40M	$393.40M	$382.10M	$361.40M	$380.90M	$395.70M	$524.90M	$847.60M	$825.20M	$914.40M
Gross profit	$273.10M	$232.80M	$261.30M	$278.80M	$260.40M	$238.40M	$286.20M	$288.10M	$363.50M	$499.90M	$647.20M	$678.50M
Selling, general & admin	$169.80M	$203.10M	$205.90M	$208.40M	$203.40M	$207.60M	$215.50M	$214.40M	$299.60M	$514.80M	$533.00M	$533.60M
Operating income	$30.70M	$29.70M	$53.40M	$68.90M	$54.60M	$24.40M	$68.20M	$64.60M	-$31.20M	-$36.40M	$92.10M	$136.70M
Pre-tax income	$22.70M	$22.00M	$46.00M	$61.80M	$49.50M	$18.90M	$62.00M	$57.40M	-$47.50M	-$55.60M	$71.20M	$121.30M
Income tax	$0	$4.30M	$10.00M	$14.30M	$11.20M	$5.00M	$13.80M	$16.20M	$1.60M	-$16.80M	$20.10M	$31.30M
Net income	$22.70M	$17.70M	$36.00M	$47.50M	$38.30M	$13.90M	$48.20M	$41.20M	-$49.20M	-$38.80M	$51.10M	$90.00M
EBITDA	$57.30M	$56.10M	$79.80M	$96.20M	$82.30M	$49.90M	$93.20M	$89.50M	$500.00K	$38.80M	$158.30M	$207.10M
EPS (basic)	$0.51	$0.38	$0.76	$1.00	$0.81	$0.30	$1.04	$0.90	$-1.10	$-0.55	$0.70	$1.23
EPS (diluted)	$0.49	$0.37	$0.75	$0.98	$0.79	$0.29	$1.02	$0.88	$-1.08	$-0.55	$0.70	$1.23
Diluted shares	900.00K	48.10M	48.20M	48.70M	100.00K	48.00M	47.10M	46.70M	1.60M	71.60M	72.10M	72.50M
Gross margin	40.2%	39.6%	41.9%	41.5%	40.5%	39.7%	42.9%	42.1%	40.9%	37.1%	44.0%	42.6%
Operating margin	4.5%	5.1%	8.6%	10.2%	8.5%	4.1%	10.2%	9.4%	-3.5%	-2.7%	6.3%	8.6%
Net margin	3.3%	3.0%	5.8%	7.1%	6.0%	2.3%	7.2%	6.0%	-5.5%	-2.9%	3.5%	5.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Cash & equivalents	$28.90M	$27.00M	$28.20M	$34.30M	$20.20M	$21.10M	$32.00M	$20.70M	$209.20M	$71.40M	$105.00M	$110.30M
Short-term investments	$5.60M	$5.50M	$5.30M	$5.90M	$6.40M	$6.40M	$6.20M	$7.40M	$6.50M	$6.80M	$3.20M	$3.70M
Receivables	$247.10M	—	—	—	—	—	—	—	—	—	—	—
Inventory	$196.60M	$212.10M	$222.80M	$210.30M	$194.30M	$205.00M	$216.50M	$194.50M	$475.30M	$490.50M	$498.80M	$507.50M
Total current assets	$535.90M	$527.20M	$568.10M	$561.70M	$522.20M	$529.30M	$597.60M	$542.90M	$1.41B	$1.30B	$1.41B	$1.49B
Goodwill	$441.00M	$442.10M	$442.10M	$442.10M	$442.10M	$442.10M	$442.10M	$442.10M	$958.00M	$835.40M	$833.30M	$842.20M
Total assets	$1.93B	$1.91B	$1.94B	$1.91B	$1.88B	$1.86B	$1.91B	$1.84B	$4.88B	$4.77B	$4.82B	$4.99B
Total current liabilities	$463.70M	$407.70M	$474.20M	$514.30M	$477.50M	$443.70M	$410.70M	$409.00M	$1.14B	$936.10M	$1.04B	$1.12B
Short-term debt	$7.50M	$12.80M	$50.70M	$50.90M	$50.30M	$50.00M	$0	$0	$16.20M	$18.30M	$18.10M	$22.70M
Long-term debt	$428.30M	$460.20M	$411.70M	$294.50M	$294.30M	$354.70M	$444.40M	$324.20M	$1.28B	$1.43B	$1.36B	$1.33B
Total debt	$435.80M	$473.00M	$462.40M	$345.40M	$344.60M	$404.70M	$444.40M	$324.20M	$1.29B	$1.45B	$1.38B	$1.35B
Total liabilities	$1.17B	$1.14B	$1.15B	$1.07B	$1.03B	$1.05B	$1.10B	$1.01B	$3.05B	$3.00B	$3.01B	$3.11B
Shareholders' equity	$761.40M	$771.50M	$787.80M	$846.60M	$840.10M	$803.60M	$811.00M	$835.90M	$1.84B	$1.77B	$1.81B	$1.87B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Operating cash flow	$105.00M	-$4.30M	$51.30M	$128.50M	$51.20M	$12.60M	$31.10M	$155.20M	$77.40M	-$171.80M	$139.80M	$195.30M
Capital expenditures	$16.30M	$11.20M	$17.50M	$14.50M	$9.70M	$16.30M	$15.00M	$19.60M	$17.00M	$35.70M	—	—
Free cash flow	$88.70M	-$15.50M	$33.80M	$114.00M	$41.50M	-$3.70M	$16.10M	$135.60M	$60.40M	-$207.50M	$139.80M	$195.30M
Investing cash flow	-$17.20M	-$10.60M	-$16.30M	-$14.80M	-$9.30M	-$12.20M	-$6.20M	-$19.70M	-$405.80M	-$73.10M	-$6.70M	-$47.20M
Financing cash flow	-$83.30M	$12.90M	-$33.70M	-$107.70M	-$53.70M	-$1.10M	-$14.70M	-$146.80M	$525.70M	$107.30M	-$100.90M	-$141.40M
Dividends paid	$15.00M	$16.60M	$15.50M	$15.80M	$15.70M	$16.20M	$15.70M	$15.60M	$15.60M	$26.60M	$25.50M	$25.50M
Share buybacks	$300.00K	$2.60M	$10.80M	$11.40M	$41.00M	$40.40M	$39.40M	$3.80M	$0	$0	$0	$5.60M
Stock-based compensation	$5.20M	$7.70M	$4.00M	$2.00M	$3.70M	$6.80M	$3.30M	$3.20M	$11.40M	$18.10M	$9.60M	$5.80M
Depreciation & amortization	$26.60M	$26.40M	$26.40M	$27.30M	$27.70M	$25.50M	$25.00M	$24.90M	$31.70M	$75.20M	$66.20M	$70.40M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.