Flexsteel Industries, Inc. (FLXS) — Financial statements
Income statement, balance sheet, and cash flow for Flexsteel Industries, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 441↑6.9% | 413↑4.8% | 394↓27.7% | 544↑13.6% | 479 | |
| Cost of Revenue | 343↑5.4% | 326↑0.9% | 323↓31.6% | 472↑23.4% | 382 | |
| Gross Profit | 98↑12.3% | 87↑23.0% | 71↓2.4% | 73↓24.9% | 97 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 2 | |
| General & Administrative Expenses | 63↓1.9% | 65↑11.8% | 58↓5.2% | 61 | 0.00 | |
| Selling & Marketing Expenses | 3↓42.4% | 6↑15.7% | 5↓12.1% | 6 | 0.00 | |
| SG&A Expenses | 67↓5.3% | 70↑12.1% | 63↓5.8% | 67↓1.8% | 68 | |
| Other Expenses | 5↑1754.6% | -0.28↑88.5% | -2↓264.3% | -0.67↑84.6% | -4 | |
| Operating Expenses | 71↑1.7% | 70↑16.2% | 60↓8.6% | 66↑0.8% | 66 | |
| Total Costs & Expenses | 414↑4.7% | 396↑3.3% | 383↓28.7% | 538↑20.1% | 448 | |
| Operating Results | ||||||
| Operating Income | 27↑55.8% | 17↑62.0% | 11↑59.3% | 7↓78.8% | 31 | |
| Depreciation & Amortization | 4↓8.6% | 4↓12.6% | 5↓11.6% | 5↓0.7% | 5 | |
| EBITDA | 31↑45.5% | 21↑39.4% | 15↑27.1% | 12↓67.5% | 37 | |
| EBIT | 27↑58.1% | 17↑61.9% | 11↑56.7% | 7↓78.6% | 31 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.35↑122.6% | -2↓15.6% | -1↓60.6% | -0.84↓8250.0% | -0.01 | |
| Interest Income | 0.42 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.07↓95.5% | 2↑15.6% | 1↑60.6% | 0.84↑8250.0% | 0.01 | |
| Non-Operating Income | -0.42↓2005.0% | -0.02↓11.1% | -0.02↑85.1% | -0.12↑56.3% | -0.28 | |
| Other Income / Expenses | 0.35↑122.9% | -2↓15.6% | -1↓85.3% | -0.71↓367.4% | 0.27 | |
| Income Before Tax | 27↑73.4% | 16↑68.7% | 9↑56.2% | 6↓81.2% | 31 | |
| Income Tax Expense | 7↑35.6% | 5↑190.3% | -6↓237.3% | 4↓51.9% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 20↑91.4% | 11↓28.8% | 15↑697.5% | 2↓92.0% | 23 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 20↑91.4% | 11↓28.8% | 15↑697.5% | 2↓92.0% | 23 | |
| Bottom-Line Net Income | 20↑91.4% | 11↓28.8% | 15↑697.5% | 2↓92.0% | 23 | |
| EPS (Basic) | 3.84↑88.2% | 2.04↓27.9% | 2.83↑875.9% | 0.29↓90.9% | 3.20 | |
| EPS (Diluted) | 3.55↑85.9% | 1.91↓30.3% | 2.74↑878.6% | 0.28↓90.9% | 3.09 | |
| Weighted Average Shares | 5↑1.5% | 5↓1.1% | 5↓17.4% | 6↓12.1% | 7 | |
| Weighted Average Diluted Shares | 6↑2.9% | 6↑2.5% | 5↓17.2% | 7↓12.9% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.