Short answer
HNI CORP (HNI) filed its Q2 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Apr 4, 2026. Quarterly revenue was $1.3B (up 124.7% year over year) with net income of −$39M.
Q2 2026 key financials · XBRL
- Revenue
- $1.3B
- +124.7% YoY
- Net income
- −$39M
- −379.1% YoY
- Operating margin
- -2.7%
- Gross margin
- 37.1%
- EPS (diluted)
- −$0.55
- −289.7% YoY
Source: XBRL data from the HNI CORP (HNI) Q2 2026 10-Q on SEC EDGAR. USD.
HNI CORP Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1,347.5M, up 125% YoY from $599.8M, including $774.0M from Steelcase acquisition
- Operating margin (2.7%) vs 4.1% YoY; net loss $38.8M vs $13.9M income
- Best segment Residential Building Products: sales $162.1M, up 2.1%; margin 17.6% vs 15.7%
- Worst segment Workplace Furnishings: sales $1,185.4M, up 169%; margin (3.6%) vs 4.1%
- Operating cash flow use $171.8M vs $12.6M source; capital expenditures $35.7M vs $16.3M
- Near-term uncertainty from macroeconomic conditions, geopolitical uncertainty, housing affordability, and interest-rate volatility; 2026 capital expenditures expected at $130–$140M
Risk Factors
- No material changes identified from 2025 Form 10-K
- Carried-forward business risks could materially affect financial condition and results
- Share repurchase authorization $84.3 million available as of April 4, 2026
- CEO Rule 10b5-1 plan covers 382,208 shares through May 28, 2027
- General unknown or currently immaterial risks may adversely affect results કામગીરી
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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