Short answer
FLEXSTEEL INDUSTRIES INC (FLXS) filed its Q1 2026 10-Q quarterly report on Apr 22, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $115M with net income of $6M.
Q1 2026 key financials · XBRL
- Revenue
- $115M
- −2.6% QoQ
- Net income
- $6M
- −3.0% QoQ
- Operating margin
- 7.1%
- Gross margin
- 22.6%
- EPS (diluted)
- $1.14
- −3.4% QoQ
Source: XBRL data from the FLEXSTEEL INDUSTRIES INC (FLXS) Q1 2026 10-Q on SEC EDGAR. USD.
FLEXSTEEL INDUSTRIES INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $115.1M, up 1.0% YoY from $114.0M, driven by tariff surcharge pricing
- Gross margin 22.6% vs 22.2% YoY; operating margin 7.1% vs (4.4)% YoY
- Net income $6.4M vs loss of $3.7M YoY; diluted EPS $1.14 vs $(0.71)
- Higher-margin products best performing; made-to-order, ready-to-assemble, and case goods unit volumes weakest
- Operating cash flow $27.2M vs $21.4M; capital expenditures $3.5M and dividends $3.3M through nine months
- Backlog $79.5M, up 1.5% YoY; tariff impacts and lower unit volumes remained headwinds
Risk Factors
- No risk-factors section provided in the submitted 10-Q excerpt
- Share-repurchase authorization: $28,870,242 remaining under the $30 million program
- No shares repurchased during the three months ended March 31, 2026
- No director or officer adopted, modified, or terminated trading arrangements during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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