HNI Q2 2022 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q2 2022 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$622M+21.8% YoY

Gross Profit

$213M34.2% margin

Operating Income

$31M5.0% margin

Net Income

$30M4.9% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.0B

Stockholders' Equity

$562M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$622M	$510M	+21.8%
Gross Profit	$213M	$180M	+17.9%
Operating Income	$31M	$25M	+24.8%
Net Income	$30M	$17M	+74.1%

Revenue Segments

Workplace Furnishings

$407M65%

Residential Building Products

$215M35%