HNI Q1 2024 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q1 2024 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$588M+22.7% YoY

Gross Profit

$225M38.3% margin

Operating Income

$30M5.1% margin

Net Income

$18M3.0% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-13.5%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$772M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$588M	$479M	+22.7%
Gross Profit	$225M	$167M	+34.5%
Operating Income	$30M	$10M	+204.1%
Net Income	$18M	$2M	+1006.3%

Revenue Segments

Workplace Furnishings

$440M75%

Residential Building Products

$148M25%