HNI Q3 2023 Earnings — HNI Corporation Revenue & Financial Results | Market Cap Arena

HNIHNI Corporation

$2B

Q3 2023 Earnings

Industrials Business Equipment & Supplies

Income Statement

Revenue

$712M+18.8% YoY

Gross Profit

$285M40.1% margin

Operating Income

$65M9.1% margin

Net Income

$38M5.3% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

+26.3%

Cash Flow

Operating Cash Flow

$123M

Free Cash Flow

$98M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$741M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$712M	$599M	+18.8%
Gross Profit	$285M	$202M	+41.4%
Operating Income	$65M	$31M	+107.0%
Net Income	$38M	$63M	-40.1%

Revenue Segments

Workplace Furnishings

$537M75%

Residential Building Products

$175M25%