Bassett Furniture Industries Inc (BSET) Financial Statements
Industry: Wood Household Furniture, (No Upholstered)
In fiscal 2025, Bassett Furniture Industries reported revenue of $335.3M, up 1.6% from $329.9M the year before. Net income was $6.1M (a 1.8% net margin), or $0.70 per diluted share. Gross margin was 56.3% and operating margin was 2.3%. Operating activities generated $13.5M of cash, leaving $9.0M of free cash flow. At fiscal year end, Bassett Furniture Industries held $323.8M in total assets against $158.7M in total liabilities, including $41.3M of cash and equivalents.
Open the full interactive Bassett Furniture Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Bassett Furniture Industries Key Stats
| Share Price | $21.23 |
|---|---|
| Market Cap | $183.4M |
| P/E Ratio | 30.3 |
| Dividend Yield | 3.77% |
| Revenue YoY Growth | +1.6% |
| 52-Week Range | $13.59 – $21.73 |
| Shares Outstanding | 8.6 million (basic, 2026 Q3) |
Bassett Furniture Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $385.9M | $486.5M | $485.6M | $390.1M | $329.9M | $335.3M |
| Cost of Goods Sold | $163.6M | $0 | $237.3M | $183.6M | $150.5M | $146.6M |
| Gross Profit | $222.3M | $486.5M | $248.3M | $206.5M | $179.4M | $188.7M |
| Operating Income | -$16.2M | $26.0M | $34.9M | -$3.1M | -$16.3M | $7.8M |
| Pre-Tax Income | -$16.8M | $24.2M | $34.1M | -$2.5M | -$14.4M | $8.8M |
| Income Tax | -$6.4M | $6.2M | $8.7M | $683,000 | -$4.7M | $2.7M |
| Net Income | -$10.4M | $18.0M | $65.3M | -$3.2M | -$9.7M | $6.1M |
| Diluted EPS | -$1.05 | $1.83 | $6.96 | -$0.36 | -$1.11 | $0.70 |
Bassett Furniture Industries Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $88.7M | $80.3M | $83.8M | $82.8M |
| Net Income | $1.5M | $1.1M | $2.0M | $2.1M |
| Diluted EPS | — | $0.13 | $0.24 | $0.24 |
Bassett Furniture Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $45.8M | $34.4M | $61.6M | $52.4M | $39.6M | $41.3M |
| Current Assets | $160.7M | $180.3M | $196.5M | $158.0M | $141.5M | $145.5M |
| Total Assets | $402.5M | $421.7M | $406.3M | $370.4M | $341.2M | $323.8M |
| Current Liabilities | $118.4M | $134.2M | $100.8M | $77.9M | $73.4M | $77.0M |
| Total Liabilities | $244.5M | $258.9M | $210.7M | $187.0M | $173.8M | $158.7M |
| Shareholders' Equity | $158.0M | $162.7M | $195.6M | $183.4M | $167.3M | $165.1M |
Bassett Furniture Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $36.7M | $14.6M | -$3.0M | $18.7M | $4.0M | $13.5M |
| Cash From Investing | -$3.7M | -$11.6M | $65.8M | -$17.8M | -$8.8M | -$2.7M |
| Cash From Financing | -$6.8M | -$14.4M | -$35.6M | -$10.2M | -$8.1M | -$9.0M |
| Free Cash Flow | $30.6M | $3.8M | -$24.3M | $1.2M | -$1.2M | $9.0M |
| Dividends Paid | $4.5M | $7.7M | $20.2M | $6.0M | $6.7M | $6.9M |
Figures from Bassett Furniture Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Bassett Furniture Industries financials page for every line item.
Bassett Furniture Industries Company Profile
| Ticker | BSET |
|---|---|
| Exchange | Nasdaq |
| Industry | Wood Household Furniture, (No Upholstered) |
| Headquarters | Bassett, Virginia |
| Incorporated in | Virginia |
| Fiscal Year End | November 28 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000010329 |
Frequently Asked Questions
What was Bassett Furniture Industries' revenue in fiscal 2025?
Bassett Furniture Industries (BSET) reported revenue of $335.3M for fiscal 2025.
What is Bassett Furniture Industries' annual revenue history?
Bassett Furniture Industries' annual revenue by fiscal year: 2020: $385.9M; 2021: $486.5M; 2022: $485.6M; 2023: $390.1M; 2024: $329.9M; 2025: $335.3M.
What was Bassett Furniture Industries' net income in fiscal 2025?
Bassett Furniture Industries reported net income of $6.1M for fiscal 2025.
What was Bassett Furniture Industries' earnings per share (EPS) in fiscal 2025?
Bassett Furniture Industries' diluted EPS was $0.70 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Bassett Furniture Industries generate in fiscal 2025?
Bassett Furniture Industries generated $9.0M of free cash flow in fiscal 2025.
What was Bassett Furniture Industries' revenue last quarter?
In its most recent reported quarter (2026 Q3), Bassett Furniture Industries reported revenue of $82.8M.
How many shares of Bassett Furniture Industries are outstanding?
Bassett Furniture Industries reported a weighted average of 8.6 million basic shares outstanding in 2026 Q3.
What is Bassett Furniture Industries' market cap?
Based on its latest closing price, Bassett Furniture Industries (BSET) has a market capitalization of about $183.4M.
When does Bassett Furniture Industries' fiscal year end?
Bassett Furniture Industries' fiscal year end, as registered with the SEC, is November 28.
Where is Bassett Furniture Industries headquartered?
Bassett Furniture Industries lists its business address in Bassett, Virginia in its SEC filings.
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