HNI Q1 2022 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q1 2022 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$572M+18.2% YoY

Gross Profit

$189M33.1% margin

Operating Income

$20M3.6% margin

Net Income

$14M2.5% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$54M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$943M

Stockholders' Equity

$582M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$572M	$484M	+18.2%
Gross Profit	$189M	$173M	+9.5%
Operating Income	$20M	$23M	-9.6%
Net Income	$14M	$15M	-5.5%

Revenue Segments

Workplace Furnishings

$353M62%

Residential Building Products

$219M38%