HNI (HNI Corporation) Stock Financials & Earnings | Market Cap Arena

HNI (HNI Corporation) Stock Financials & Earnings | Market Cap Arena

HNIHNI Corporation

Mkt Cap$2B

Industrials·Business Equipment & Supplies·🇺🇸 United States·NYSE

Revenue (TTM)$2.8B

Net Income (TTM)$54M

EPS (TTM)$1.17

Free Cash Flow (TTM)$210M

Gross Margin40.9%

Op. Margin8.1%

Net Margin1.9%

FCF Margin7.4%

P/S Ratio (TTM)0.7x

P/E Ratio (TTM)36.6x

YoY Rev Growth+12.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$479M	$167M	$10M
Q2 23	$564M	$208M	$36M
Q3 23	$712M	$285M	$65M
Q4 23	$680M	$273M	$66M
Q1 24	$588M	$225M	$30M
Q2 24	$624M	$254M	$55M
Q3 24	$672M	$273M	$72M
Q4 24	$643M	$255M	$60M
Q1 25	$600M	$231M	$31M
Q2 25	$667M	$279M	$71M
Q3 25	$684M	$288M	$65M
Q4 25	$888M	$364M	$64M

Valuation

Quarter	P/S	P/E
Q1 23	0.9x	17.8x
Q2 23	0.9x	29.0x
Q3 23	0.9x	46.1x
Q4 23	0.8x	40.2x
Q1 24	0.8x	30.3x
Q2 24	0.8x	17.3x
Q3 24	0.8x	16.0x
Q4 24	0.8x	14.2x
Q1 25	0.8x	14.6x
Q2 25	0.8x	13.4x
Q3 25	0.8x	14.0x
Q4 25	0.7x	36.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$17M	-$3M
Q2 23	$22M	$5M
Q3 23	$123M	$98M
Q4 23	$105M	$89M
Q1 24	-$4M	-$15M
Q2 24	$51M	$35M
Q3 24	$128M	$114M
Q4 24	$51M	$42M
Q1 25	$13M	-$3M
Q2 25	$31M	$17M
Q3 25	$155M	$136M
Q4 25	$77M	$61M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$20M
Q2 23	$18M
Q3 23	$24M
Q4 23	$16M
Q1 24	$11M
Q2 24	$17M
Q3 24	$14M
Q4 24	$9M
Q1 25	$16M
Q2 25	$15M
Q3 25	$19M
Q4 25	$16M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-16.3%	-15.0%
Q2 23	-9.4%	-10.7%
Q3 23	+18.8%	+14.0%
Q4 23	+19.5%	+13.7%
Q1 24	+22.7%	+18.9%
Q2 24	+10.7%	+7.7%
Q3 24	-5.5%	-7.2%
Q4 24	-5.5%	-5.1%
Q1 25	+2.0%	+1.9%
Q2 25	+7.0%	+4.9%
Q3 25	+1.7%	+3.1%
Q4 25	+38.3%	+41.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	—
Q2 23	$0	—
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	—
Q2 24	$4M	—
Q3 24	$0	—
Q4 24	$0	0.0%
Q1 25	$7M	—
Q2 25	$0	—
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$158M
Q2 23	$172M
Q3 23	$221M
Q4 23	$207M
Q1 24	$195M
Q2 24	$198M
Q3 24	$201M
Q4 24	$196M
Q1 25	$200M
Q2 25	$208M
Q3 25	$223M
Q4 25	$300M

Revenue Segments

Quarter	Residential Building Products	Workplace Furnishings
Q3 23	$175M	$537M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$17M	$2M	$19M
Q2 23	$24M	$6M	$30M
Q3 23	$24M	$6M	$30M
Q4 23	$29M	$6M	$35M
Q1 24	$27M	$6M	$33M
Q2 24	$28M	$5M	$34M
Q3 24	$34M	$6M	$40M
Q4 24	$23M	$6M	$29M
Q1 25	$21M	$6M	$28M
Q2 25	$32M	$6M	$38M
Q3 25	$21M	$7M	$28M
Q4 25	$209M	$7M	$216M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	42M	+0.5%
Q2 23	43M	+2.9%
Q3 23	47M	+9.2%
Q4 23	48M	+0.8%
Q1 24	48M	+0.8%
Q2 24	48M	+0.2%
Q3 24	49M	+1.0%
Q4 24	49M	-0.4%
Q1 25	48M	-1.0%
Q2 25	47M	-1.9%
Q3 25	47M	+0.0%
Q4 25	47M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$216K	10K
FY 15	$209K	11K
FY 16	$234K	9K
FY 17	$227K	10K
FY 18	$254K	9K
FY 19	$264K	9K
FY 20	$230K	9K
FY 21	$284K	8K
FY 22	$324K	7K
FY 23	$297K	8K
FY 24	$328K	8K
FY 25	$59M	48