HNI Corp income statement

In fiscal 2025, HNI Corp reported revenue of $2.84bn, up 12.4% on the year before, operating income of $126m (a 4.4% margin) and net income of $54.2m, or $1.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

HNI Corp: income statement, annual
Fiscal year	2009Jan 2010	2010Jan 2011	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Jan 2015	2015Jan 2016	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Jan 2021	2021Jan 2022	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Jan 2026	LTMJul 2026
Revenue	1,623	1,687	1,833	2,004	2,060	2,223	2,304	2,203	2,176	2,258	2,247	1,955	2,184	2,362	2,434	2,526	2,839	4,392
Cost of revenue	1,061	1,101	1,194	1,315	1,345	1,438	1,457	1,368	1,392	1,423	1,413	1,234	1,427	1,527	1,486	1,493	1,663	2,593
Gross profit	563	586	639	689	715	784	847	835	784	835	834	721	757	835	948	1,033	1,176	1,799
Research and development	21	22	23	27	27	30	31	28	32	33	35	35	39	48	47	54	57	—
Selling, general and administrative	514	518	554	600	607	649	672	668	672	691	680	621	666	723	772	821	937	1,562
Operating income	9	58	81	88	106	113	164	134	77	128	151	61	85	155	90	207	126	89
Interest expense	12	12	12	11	10	8	7	5	6	9	9	7	7	—	—	—	—	—
Income before tax	−3	46	70	78	97	105	157	129	71	119	143	54	78	146	65	179	91	26
Income tax	−1	17	24	29	33	44	52	43	−19	25	32	13	19	23	16	40	37	21
Net income	−6	27	46	49	64	61	105	86	90	93	111	42	60	124	49	140	54	4
Diluted EPS	−$0.14	$0.59	$1.01	$1.07	$1.39	$1.35	$2.32	$1.88	$2.00	$2.11	$2.54	$0.98	$1.36	$2.94	$1.09	$2.88	$1.11	$0.07
Diluted shares (average)	45m	46m	46m	46m	46m	46m	45m	46m	45m	44m	43m	43m	44m	42m	45m	49m	49m	61m
EBITDA	83	117	128	131	153	170	221	203	150	203	229	139	169	239	185	314	233	287

US$ millions unless shown otherwise. Fiscal quarters.

HNI Corp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Jan 2026	2026 Q1Apr 2026	2026 Q2Jul 2026
Revenue	672	643	600	667	684	888	1,348	1,472
Cost of revenue	393	382	361	381	396	525	848	825
Gross profit	279	260	238	286	288	364	500	647
Selling, general and administrative	208	203	208	216	223	291	515	533
Operating income	69	55	24	68	65	−31	−36	92
Income before tax	62	50	19	62	57	−48	−56	71
Income tax	14	11	5	14	16	2	−17	20
Net income	48	38	14	48	41	−49	−39	51
Diluted EPS	$0.98	$0.79	$0.29	$1.02	$0.88	−$1.08	−$0.55	$0.70
EBITDA	96	82	50	93	90	1	39	158

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from HNI Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to HNI Corp.