HNI Corporation (HNI) — Financial statements
Income statement, balance sheet, and cash flow for HNI Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2024 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,839↑12.4% | 2,526↑3.8% | 2,434↑3.1% | 2,362↑8.1% | 2,184 | |
| Cost of Revenue | 1,691↑11.4% | 1,519↑2.3% | 1,485↓4.1% | 1,549↑6.3% | 1,457 | |
| Gross Profit | 1,148↑13.9% | 1,008↑6.1% | 949↑16.8% | 813↑11.8% | 727 | |
| Operating Expenses | ||||||
| R&D Expenses | 57↑5.6% | 54↑13.6% | 47↓1.3% | 48↑21.3% | 39 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 851↑15.4% | 737↑1.7% | 725↑12.4% | 645↑8.2% | 596 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 907↑14.7% | 791↑2.4% | 772↑11.5% | 693↑9.0% | 635 | |
| Total Costs & Expenses | 2,598↑12.5% | 2,310↑2.3% | 2,257↑0.7% | 2,242↑7.1% | 2,093 | |
| Operating Results | ||||||
| Operating Income | 241↑11.0% | 217↑22.3% | 177↑47.3% | 120↑31.2% | 92 | |
| Depreciation & Amortization | 107↓0.6% | 108↑13.6% | 95↑12.7% | 84↑1.3% | 83 | |
| EBITDA | 348↑10.8% | 314↑69.4% | 185↓22.7% | 240↑42.9% | 168 | |
| EBIT | 241↑16.8% | 206↑128.1% | 90↓41.9% | 155↑83.9% | 84 | |
| Interest & Other Income | ||||||
| Net Interest Income | -35↓29.0% | -27↓6.7% | -26↓189.8% | -9↓22.2% | -7 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 35↑29.0% | 27↑6.7% | 26↑189.8% | 9↑22.2% | 7 | |
| Non-Operating Income | 0.00↓100.0% | 11↓87.6% | 87↑348.3% | -35↓581.8% | 7 | |
| Other Income / Expenses | -150↓299.5% | -38↑66.6% | -112↓530.7% | 26↑294.0% | -13 | |
| Income Before Tax | 91↓49.4% | 179↑176.7% | 65↓55.7% | 146↑87.1% | 78 | |
| Income Tax Expense | 37↓8.3% | 40↑155.1% | 16↓30.7% | 23↑21.9% | 18 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 54↓61.1% | 140↑183.5% | 49↓60.3% | 124↑107.2% | 60 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 54↓61.1% | 140↑183.5% | 49↓60.3% | 124↑107.2% | 60 | |
| Bottom-Line Net Income | 54↓61.1% | 140↑183.5% | 49↓60.3% | 124↑107.2% | 60 | |
| EPS (Basic) | 1.13↓61.6% | 2.94↑164.9% | 1.11↓62.6% | 2.97↑115.2% | 1.38 | |
| EPS (Diluted) | 1.11↓61.5% | 2.88↑166.7% | 1.08↓63.3% | 2.94↑116.2% | 1.36 | |
| Weighted Average Shares | 48↑1.1% | 47↑6.5% | 45↑6.7% | 42↓4.0% | 43 | |
| Weighted Average Diluted Shares | 49↑0.8% | 49↑6.8% | 45↑7.6% | 42↓4.0% | 44 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.