Flexsteel Industries Inc (FLXS) Financial Statements
Industry: Household Furniture
In fiscal 2026, Flexsteel Industries reported revenue of $459.2M, up 4.1% from $441.1M the year before. Net income was $33.1M (a 7.2% net margin), or $6.07 per diluted share. Gross margin was 24.7% and operating margin was 9.3%. Operating activities generated $51.5M of cash, leaving $47.6M of free cash flow. At fiscal year end, Flexsteel Industries held $254.0M in total assets against $120.5M in total liabilities, including $16.7M of cash and equivalents.
Open the full interactive Flexsteel Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Flexsteel Industries Key Stats
| Share Price | $87.09 |
|---|---|
| Market Cap | $475.2M |
| P/E Ratio | 14.3 |
| Dividend Yield | 0.92% |
| Revenue YoY Growth | +4.1% |
| 52-Week Range | $33.65 – $89.11 |
| Shares Outstanding | 5.1 million (basic, 2026 Q4) |
Flexsteel Industries Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $478.9M | $544.3M | $393.7M | $412.8M | $441.1M | $459.2M |
| Cost of Goods Sold | $382.2M | $471.6M | $322.7M | $325.5M | $343.1M | $345.7M |
| Gross Profit | $96.7M | $72.7M | $70.9M | $87.2M | $97.9M | $113.4M |
| Operating Income | $31.2M | $6.6M | $10.5M | $17.1M | $26.6M | $42.5M |
| Pre-Tax Income | $31.5M | $5.9M | $9.2M | $15.6M | $27.0M | $43.8M |
| Income Tax | $8.4M | $4.0M | -$5.6M | $5.0M | $6.8M | $10.7M |
| Net Income | $23.0M | $1.9M | $14.8M | $10.5M | $20.2M | $33.1M |
| Diluted EPS | $3.09 | $0.28 | $2.74 | $1.91 | $3.55 | $6.07 |
Flexsteel Industries Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $110.4M | $118.2M | $115.1M | $115.4M |
| Net Income | $7.3M | $6.6M | $6.4M | $12.7M |
| Diluted EPS | $1.31 | $1.18 | $1.14 | $2.33 |
Flexsteel Industries Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.3M | $2.2M | $3.4M | $4.8M | $40.0M | $16.7M |
| Current Assets | $228.5M | $190.1M | $170.6M | $155.4M | $172.4M | $158.4M |
| Total Assets | $296.8M | $268.7M | $290.6M | $274.5M | $282.5M | $254.0M |
| Current Liabilities | $99.8M | $64.6M | $55.1M | $60.4M | $62.0M | $75.7M |
| Total Long-Term Debt | $3.5M | $37.7M | $28.3M | $4.8M | — | — |
| Total Liabilities | $128.8M | $137.2M | $148.9M | $124.1M | $114.6M | $120.5M |
| Shareholders' Equity | $168.0M | $131.6M | $141.6M | $150.4M | $167.9M | $133.5M |
Flexsteel Industries Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$32.7M | $8.0M | $23.0M | $31.9M | $37.0M | $51.5M |
| Cash From Investing | $16.1M | -$1.9M | -$4.5M | -$593,000 | $9.4M | -$3.9M |
| Cash From Financing | -$30.2M | -$5.2M | -$17.4M | -$29.9M | -$11.2M | -$70.9M |
| Free Cash Flow | -$35.3M | $4.1M | $18.2M | $27.1M | $33.7M | $47.6M |
| Dividends Paid | $2.6M | $3.9M | $3.2M | $3.2M | $3.6M | $4.4M |
Figures from Flexsteel 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 Flexsteel Industries financials page for every line item.
Flexsteel Industries Company Profile
| Ticker | FLXS |
|---|---|
| Exchange | Nasdaq |
| Industry | Household Furniture |
| Headquarters | Dubuque, Iowa |
| Incorporated in | Minnesota |
| Fiscal Year End | June 30 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000037472 |
Frequently Asked Questions
What was Flexsteel Industries' revenue in fiscal 2026?
Flexsteel Industries (FLXS) reported revenue of $459.2M for fiscal 2026.
What is Flexsteel Industries' annual revenue history?
Flexsteel Industries' annual revenue by fiscal year: 2021: $478.9M; 2022: $544.3M; 2023: $393.7M; 2024: $412.8M; 2025: $441.1M; 2026: $459.2M.
What was Flexsteel Industries' net income in fiscal 2026?
Flexsteel Industries reported net income of $33.1M for fiscal 2026.
What was Flexsteel Industries' earnings per share (EPS) in fiscal 2026?
Flexsteel Industries' diluted EPS was $6.07 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Flexsteel Industries generate in fiscal 2026?
Flexsteel Industries generated $47.6M of free cash flow in fiscal 2026.
What was Flexsteel Industries' revenue last quarter?
In its most recent reported quarter (2026 Q4), Flexsteel Industries reported revenue of $115.4M.
How many shares of Flexsteel Industries are outstanding?
Flexsteel Industries reported a weighted average of 5.1 million basic shares outstanding in 2026 Q4.
What is Flexsteel Industries' market cap?
Based on its latest closing price, Flexsteel Industries (FLXS) has a market capitalization of about $475.2M.
When does Flexsteel Industries' fiscal year end?
Flexsteel Industries' fiscal year end, as registered with the SEC, is June 30.
Where is Flexsteel Industries headquartered?
Flexsteel Industries lists its business address in Dubuque, Iowa in its SEC filings.