Flexsteel Industries, Inc. (FLXS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 115.13M | 118.25M | 110.44M | 114.61M | 113.97M | 108.48M | 104.01M | 110.82M | 107.22M | 100.11M | 94.6M | 105.82M | 99.05M | 93.14M | 95.68M | 124.52M | 140.41M | 141.67M | 137.69M | 136.17M |
| Revenue Growth % | 1.01% | 9% | 6.18% | 3.42% | 6.3% | 8.37% | 9.94% | 4.73% | 8.25% | 7.48% | -1.13% | -15.02% | -29.45% | -34.26% | -30.51% | -8.56% | 18.58% | 18.94% | 30.83% | 110.12% |
| Cost of Goods Sold | 89.08M | 91.42M | 84.49M | 87.17M | 88.64M | 85.68M | 81.64M | 87.25M | 83.9M | 78.16M | 76.19M | 84.7M | 80.41M | 77.3M | 80.33M | 106.84M | 118.34M | 132.14M | 114.28M | 109.76M |
| COGS % of Revenue | 77.38% | 77.32% | 76.51% | 76.06% | 77.77% | 78.98% | 78.49% | 78.73% | 78.25% | 78.07% | 80.54% | 80.05% | 81.18% | 82.99% | 83.96% | 85.81% | 84.28% | 93.28% | 83% | 80.6% |
| Gross Profit | 26.05M | 26.82M | 25.95M | 27.44M | 25.34M | 22.8M | 22.37M | 23.57M | 23.32M | 21.95M | 18.41M | 21.11M | 18.64M | 15.84M | 15.35M | 17.67M | 22.07M | 9.53M | 23.41M | 26.41M |
| Gross Margin % | 22.62% | 22.68% | 23.49% | 23.94% | 22.23% | 21.02% | 21.51% | 21.27% | 21.75% | 21.93% | 19.46% | 19.95% | 18.82% | 17.01% | 16.04% | 14.19% | 15.72% | 6.72% | 17% | 19.4% |
| Gross Profit Growth % | 2.8% | 17.62% | 16% | 16.42% | 8.66% | 3.9% | 21.5% | 11.61% | 25.06% | 38.59% | 19.94% | 19.48% | -15.52% | 66.24% | -34.43% | -33.09% | -4.55% | -60.92% | 2.61% | 345.11% |
| Operating Expenses | 17.82M | 17.83M | 16.96M | 13.46M | 30.4M | 11.15M | 16.32M | 15.97M | 20.34M | 17.37M | 16.49M | 16.88M | 16.53M | 12.08M | 14.92M | 14.11M | 16.26M | 18.16M | 17.54M | 19.31M |
| OpEx % of Revenue | 15.48% | 15.08% | 15.36% | 11.75% | 26.67% | 10.28% | 15.69% | 14.41% | 18.97% | 17.35% | 17.43% | 15.95% | 16.69% | 12.97% | 15.59% | 11.33% | 11.58% | 12.82% | 12.74% | 14.18% |
| Selling, General & Admin | 17.82M | 17.83M | 16.96M | 17.16M | 17.07M | 16.14M | 16.32M | 18.88M | 17.71M | 17.37M | 16.49M | 16.88M | 16.53M | 14.86M | 14.57M | 14.09M | 16.32M | 17.54M | 18.79M | 18.6M |
| SG&A % of Revenue | 15.48% | 15.08% | 15.36% | 14.98% | 14.98% | 14.88% | 15.69% | 17.03% | 16.52% | 17.35% | 17.43% | 15.95% | 16.69% | 15.96% | 15.23% | 11.32% | 11.62% | 12.38% | 13.64% | 13.66% |
| Research & Development | 0 | 0 | 0 | 2.1M | 0 | 0 | 0 | 2.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 1.83% | - | - | - | 1.89% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 1000K | -1000K | 1K | -1000K | 1000K | 0 | 0 | 0 | 0 | -1000K | 347K | 15K | -59K | 622K | -1000K | 710K |
| Operating Income | 8.22M | 9M | 8.99M | 13.97M | -5.06M | 11.65M | 6.05M | 7.6M | 2.98M | 4.58M | 1.92M | 4.24M | 2.12M | 3.76M | 428K | 3.57M | 5.81M | -8.64M | 5.87M | 7.1M |
| Operating Margin % | 7.14% | 7.61% | 8.14% | 12.19% | -4.44% | 10.74% | 5.81% | 6.85% | 2.78% | 4.58% | 2.03% | 4% | 2.14% | 4.04% | 0.45% | 2.86% | 4.14% | -6.1% | 4.27% | 5.22% |
| Operating Income Growth % | 262.49% | -22.8% | 48.62% | 83.97% | -269.68% | 154.23% | 215.28% | 79.32% | 40.93% | 21.85% | 348.13% | 18.79% | -63.61% | 143.56% | -92.71% | -49.8% | -8.47% | -187.83% | -25.76% | 122.44% |
| EBITDA | 9.28M | 9.86M | 9.82M | 14.85M | -4.14M | 12.58M | 6.98M | 8.65M | 4.02M | 5.54M | 2.86M | 5.33M | 3.32M | 4.91M | 1.56M | 4.75M | 7.13M | -7.3M | 7.2M | 8.38M |
| EBITDA Margin % | 8.06% | 8.34% | 8.89% | 12.96% | -3.63% | 11.59% | 6.71% | 7.81% | 3.75% | 5.54% | 3.02% | 5.03% | 3.35% | 5.27% | 1.63% | 3.82% | 5.08% | -5.15% | 5.23% | 6.15% |
| EBITDA Growth % | 324.25% | -21.6% | 40.81% | 71.63% | -202.81% | 126.92% | 144.09% | 62.5% | 21.1% | 12.87% | 83.68% | 12.01% | -53.44% | 167.26% | -78.39% | -43.24% | -6.16% | -165.42% | -22.34% | 127.96% |
| D&A (Non-Cash Add-back) | 1.05M | 864K | 836K | 877K | 924K | 924K | 929K | 1.06M | 1.04M | 959K | 940K | 1.09M | 1.21M | 1.15M | 1.13M | 1.19M | 1.32M | 1.33M | 1.33M | 1.27M |
| EBIT | 8.58M | 9.35M | 9.38M | 14.26M | -4.96M | 11.69M | 6.05M | 7.6M | 3M | 4.58M | 1.92M | 4.24M | 2.13M | 3.76M | 426K | 3.57M | 5.83M | -8.53M | 5.87M | 7.11M |
| Net Interest Income | 361K | 353K | 391K | 288K | 102K | 12K | -51K | -155K | -336K | -489K | -570K | -444K | -260K | -316K | -321K | -233K | -176K | -223K | -203K | -10K |
| Interest Income | 361K | 353K | 391K | 288K | 102K | 31K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 19K | 51K | 155K | 336K | 489K | 570K | 444K | 260K | 316K | 321K | 233K | 176K | 223K | 203K | 10K |
| Other Income/Expense | 361K | 353K | 391K | 288K | 102K | 12K | -51K | -149K | -322K | -489K | -570K | -437K | -248K | -315K | -323K | -228K | -162K | -119K | -205K | -3K |
| Pretax Income | 8.58M | 9.35M | 9.38M | 14.26M | -4.96M | 11.67M | 6M | 7.45M | 2.66M | 4.09M | 1.35M | 3.8M | 1.87M | 3.45M | 105K | 3.34M | 5.65M | -8.76M | 5.67M | 7.1M |
| Pretax Margin % | 7.46% | 7.91% | 8.49% | 12.44% | -4.35% | 10.75% | 5.76% | 6.72% | 2.48% | 4.09% | 1.42% | 3.59% | 1.89% | 3.7% | 0.11% | 2.68% | 4.03% | -6.18% | 4.12% | 5.21% |
| Income Tax | 2.14M | 2.71M | 2.05M | 3.56M | -1.22M | 2.61M | 1.86M | 2.52M | 857K | 1.04M | 596K | -6.36M | 393K | 594K | -184K | 3.61M | 336K | -1.21M | 1.31M | 1.26M |
| Effective Tax Rate % | 24.91% | 28.94% | 21.87% | 24.96% | 24.53% | 22.39% | 30.95% | 33.91% | 32.22% | 25.49% | 44.21% | -167.47% | 21.04% | 17.23% | -175.24% | 108.12% | 5.94% | 13.82% | 23.2% | 17.74% |
| Net Income | 6.45M | 6.64M | 7.33M | 10.7M | -3.74M | 9.05M | 4.14M | 4.92M | 1.8M | 3.05M | 752K | 10.16M | 1.48M | 2.85M | 289K | -271K | 5.32M | -7.54M | 4.35M | 5.84M |
| Net Margin % | 5.6% | 5.62% | 6.63% | 9.34% | -3.28% | 8.35% | 3.98% | 4.44% | 1.68% | 3.05% | 0.79% | 9.6% | 1.49% | 3.06% | 0.3% | -0.22% | 3.79% | -5.33% | 3.16% | 4.29% |
| Net Income Growth % | 272.23% | -26.62% | 76.98% | 117.43% | -307.54% | 196.76% | 450.53% | -51.56% | 22.24% | 6.94% | 160.21% | 3849.45% | -72.25% | 137.81% | -93.36% | -104.64% | 8.98% | -189.29% | 12.22% | 122.69% |
| Net Income (Continuing) | 6.45M | 6.64M | 7.33M | 10.7M | -3.74M | 9.05M | 4.14M | 4.92M | 1.8M | 3.05M | 752K | 10.16M | 1.48M | 2.85M | 289K | -271K | 5.32M | -7.54M | 4.35M | 5.84M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.14 | 1.18 | 1.31 | 1.89 | -0.71 | 1.62 | 0.74 | 0.89 | 0.33 | 0.57 | 0.14 | 1.91 | 0.28 | 0.53 | 0.05 | -0.05 | 0.82 | -1.13 | 0.61 | 0.81 |
| EPS Growth % | 260.56% | -27.16% | 77.03% | 112.36% | -315.15% | 184.21% | 428.57% | -53.4% | 17.86% | 7.55% | 164.65% | 3966.4% | -65.85% | 146.9% | -91.33% | -106.1% | 22.39% | -200% | 24.49% | 125.08% |
| EPS (Basic) | 1.21 | 1.24 | 1.38 | 2.03 | -0.71 | 1.73 | 0.80 | 0.95 | 0.35 | 0.59 | 0.15 | 1.97 | 0.28 | 0.54 | 0.05 | -0.05 | 0.84 | -1.13 | 0.64 | 0.85 |
| Diluted Shares Outstanding | 5.63M | 5.62M | 5.6M | 5.68M | 5.27M | 5.58M | 5.58M | 5.55M | 5.45M | 5.32M | 5.38M | 5.31M | 5.35M | 5.34M | 5.47M | 5.49M | 6.49M | 6.68M | 7.09M | 7.18M |
| Basic Shares Outstanding | 5.33M | 5.33M | 5.31M | 5.28M | 5.27M | 5.25M | 5.2M | 5.16M | 5.15M | 5.18M | 5.18M | 5.15M | 5.18M | 5.26M | 5.31M | 5.47M | 6.33M | 6.68M | 6.83M | 6.85M |
| Dividend Payout Ratio | 16.71% | 16.1% | 15.65% | 8.42% | - | 9.79% | 21.11% | 15.71% | 42.98% | 25.96% | 116.89% | - | 105.97% | 28.43% | 300% | - | - | - | 24.12% | 0.03% |