Revenue
$2.84B
Fiscal year ended 2026-01-03Operating income
$126.00M
Fiscal year ended 2026-01-03Free cash flow
Unavailable
Fiscal year ended 2026-01-03HNI CORP (HNI) reported revenue of $2.84B and net income of $54.20M for the fiscal year ended 2026-01-03. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HNI CORP’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-01-03 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-01-01 | 2021-01-02 | 2019-12-28 | 2018-12-29 | 2017-12-30 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.84B | $2.53B | $2.43B | $2.36B | $2.18B | $1.96B | $2.25B | $2.26B | $2.18B | $2.20B |
| Cost of revenue | $1.66B | $1.49B | $1.49B | $1.53B | $1.43B | $1.23B | $1.41B | $1.42B | $1.39B | $1.37B |
| Gross profit | $1.18B | $1.03B | $948.30M | $834.90M | $757.40M | $721.10M | $833.76M | $835.04M | $783.99M | $835.01M |
| Operating income | $126.00M | $206.50M | $90.30M | $155.20M | $85.40M | $61.40M | $151.34M | $128.17M | $76.69M | $133.69M |
| Net income | $54.20M | $139.50M | $49.20M | $123.90M | $59.80M | $41.90M | $110.50M | $93.38M | $89.80M | $85.58M |
| Research & development | $56.60M | $53.60M | $47.20M | $47.80M | $39.40M | $35.30M | $34.70M | $33.42M | $31.85M | $28.09M |
| Weighted-average diluted shares | shares 48.90M | shares 48.50M | shares 45.40M | shares 42.20M | shares 44.00M | shares 43.00M | shares 43.50M | shares 44.33M | shares 44.84M | shares 45.50M |
| Pretax income | $90.80M | $179.30M | $64.80M | $146.40M | $78.30M | $54.40M | $142.71M | $118.72M | $70.61M | $128.91M |
| Income tax expense | $36.50M | $39.80M | $15.60M | $22.50M | $18.50M | $12.50M | $32.21M | $25.40M | -$19.29M | $43.27M |
| Diluted EPS | $1.11 | $2.88 | $1.09 | $2.94 | $1.36 | $0.98 | $2.54 | $2.11 | $2.00 | $1.88 |
| Selling, general & administrative | $937.00M | $820.70M | $772.00M | $723.40M | $665.60M | $620.90M | $680.05M | $691.14M | $671.83M | $667.74M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-01-03 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-01-01 | 2021-01-02 | 2019-12-28 | 2018-12-29 | 2017-12-30 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $209.20M | $20.20M | $28.90M | $17.40M | $52.30M | $116.12M | $52.07M | $76.82M | $23.35M | $36.31M |
| Total assets | $4.88B | $1.88B | $1.93B | $1.41B | $1.50B | $1.42B | $1.45B | $1.40B | $1.39B | $1.33B |
| Current assets | $1.41B | $522.20M | $535.90M | $469.20M | $523.50M | $495.74M | $528.83M | $531.88M | $488.88M | $433.04M |
| Total liabilities | $3.05B | $1.03B | $1.17B | $797.70M | $907.90M | $827.29M | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $1.14B | $477.50M | $463.70M | $395.10M | $506.40M | $439.03M | $478.70M | $434.31M | $489.70M | $463.47M |
| Total equity incl. NCI | $1.84B | $840.40M | $761.80M | $616.80M | $590.00M | $590.70M | $584.40M | $563.26M | $514.58M | $501.01M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $475.30M | $194.30M | $196.60M | $180.10M | $181.60M | $137.81M | $163.46M | $157.18M | $155.68M | $118.44M |
| Accounts receivable | Unavailable | Unavailable | $247.10M | $218.40M | $240.00M | $207.97M | $278.12M | $255.21M | $258.55M | $229.44M |
| Goodwill | $958.00M | $442.10M | $441.00M | $305.90M | $297.30M | $292.40M | $270.82M | $270.79M | $279.50M | $290.70M |
| Long-term debt | $1.28B | $294.30M | $428.30M | $188.80M | $174.60M | $174.52M | $174.44M | $249.36M | $240.00M | $180.00M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-01-03 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-01-01 | 2021-01-02 | 2019-12-28 | 2018-12-29 | 2017-12-30 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $276.30M | $226.70M | $267.50M | $81.20M | $131.60M | $214.50M | $219.38M | $186.43M | $133.15M | $223.36M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $109.24M | $93.42M |
| Investing cash flow | -$443.90M | -$51.00M | -$444.80M | -$10.70M | -$111.00M | -$100.40M | -$62.90M | -$41.22M | -$118.02M | -$153.03M |
| Financing cash flow | $363.10M | -$182.20M | $188.80M | -$105.40M | -$84.50M | -$50.10M | -$181.23M | -$91.74M | -$28.09M | -$62.57M |
| Net change in cash | $195.40M | -$6.40M | $11.50M | -$34.80M | -$63.90M | $64.00M | -$24.75M | $53.47M | -$12.96M | $7.76M |
| Stock-based compensation | $24.70M | $17.40M | $16.50M | $9.00M | $12.90M | $7.80M | $6.83M | $7.32M | $7.75M | $8.14M |
| Common dividends paid | $63.10M | $63.60M | $58.50M | $53.20M | $53.80M | $52.10M | $52.23M | $51.08M | $49.56M | $48.50M |
| Common share repurchases | $83.60M | $65.80M | $300.00K | $65.20M | $59.20M | $6.80M | $83.89M | $30.45M | $57.50M | $55.82M |
| Depreciation & amortization | $107.10M | $107.80M | $94.90M | $84.20M | $83.10M | $77.70M | $77.43M | $74.79M | $72.87M | $68.95M |
Derived
| Metric | 2026-01-03 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-01-01 | 2021-01-02 | 2019-12-28 | 2018-12-29 | 2017-12-30 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 41.4% | 40.9% | 39.0% | 35.4% | 34.7% | 36.9% | 37.1% | 37.0% | 36.0% | 37.9% |
| Operating margin | 4.4% | 8.2% | 3.7% | 6.6% | 3.9% | 3.1% | 6.7% | 5.7% | 3.5% | 6.1% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.9% | 0.7% | 0.7% | 0.4% | 0.6% | 0.4% | 0.3% | 0.3% | 0.4% | 0.4% |
| Current ratio | 1.24x | 1.09x | 1.16x | 1.19x | 1.03x | 1.13x | 1.10x | 1.22x | 1.00x | 0.93x |
| Revenue YoY growth | 12.4% | 3.8% | 3.1% | 8.1% | 11.7% | -13.0% | -0.5% | 3.8% | -1.3% | Unavailable |
| Net margin | 1.9% | 5.5% | 2.0% | 5.2% | 2.7% | 2.1% | 4.9% | 4.1% | 4.1% | 3.9% |
| R&D / revenue | 2.0% | 2.1% | 1.9% | 2.0% | 1.8% | 1.8% | 1.5% | 1.5% | 1.5% | 1.3% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.70x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 40.2% | 22.2% | 24.1% | 15.4% | 23.6% | 23.0% | 22.6% | 21.4% | -27.3% | 33.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HNI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-03-03View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-07-29View SEC filing
10-Q · Filed 2025-05-07View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.