What is FLXS revenue?

Flexsteel Industries Inc. (FLXS) reported $462.70M of revenue for the twelve months ended Sep 30, 2026. That is up 3.4% from the year before. Revenue for fiscal 2026 was $459.18M.

Yes. Flexsteel Industries Inc. earned $31.23M in net income for the twelve months ended Sep 30, 2026, a net margin of 6.7%.

How much cash and debt does FLXS have?

Flexsteel Industries Inc. reported $4.41M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is FLXS revenue growing?

Flexsteel Industries Inc.'s revenue changed +4.1% in fiscal 2026, to $459.18M. Its compound annual growth rate was -0.8% over 5 years and -0.9% over 10 years.

What is FLXS gross margin?

Flexsteel Industries Inc.'s gross profit was $112.59M on $462.70M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 24.3%.

What is FLXS free cash flow?

Flexsteel Industries Inc. generated $42.39M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $45.94M less capital expenditures.

What is FLXS earnings per share?

Diluted earnings per share were $6.00 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did FLXS last report financial results?

The latest statements here come from Flexsteel Industries Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.

Financials · FLXS

Flexsteel Industries Inc. (FLXS) financials

For the twelve months ended Sep 30, 2026, Flexsteel Industries Inc. reported $462.70M of revenue and $31.23M of net income.

Revenue, TTM: $462.70M
Revenue growth, YoY: +3.4%
Net income, TTM: $31.23M
Net income growth, YoY: +33.8%
Net margin: 6.7%
Free cash flow, TTM: $42.39M
EPS, diluted, TTM: $6.00
EPS growth, YoY: +46.0%
Cash: $4.41M
P/E: 9.88
P/S: 0.67
Market cap: $308.5M

Annual revenue$459.18M

FY2017FY2026

Annual net income$33.13M

FY2017FY2026

Annual free cash flow$47.58M

FY2017FY2026

FLXS revenue and earnings growth

FLXS revenueQ1 2027$113.97M

Quarter YoY: +3.2%
QoQ: -1.2%
FY YoY: +4.1%
5Y CAGR: -0.8%
10Y CAGR: -0.9%

FLXS revenue was $113.97M in fiscal Q1 2027 (ended Sep 30, 2026), up 3.2% from a year earlier and down 1.2% from the prior quarter. For the full fiscal 2026 it was $459.18M, up 4.1% from fiscal 2025. Compound annual growth was -0.8% over 5 years and -0.9% over 10 years. It rose in 6 of the last 10 fiscal years.

FLXS net incomeQ1 2027$5.42M

Quarter YoY: -26.0%
QoQ: -57.3%
FY YoY: +64.4%
5Y CAGR: +7.5%
10Y CAGR: +3.2%

FLXS net income was $5.42M in fiscal Q1 2027 (ended Sep 30, 2026), down 26.0% from a year earlier and down 57.3% from the prior quarter. For the full fiscal 2026 it was $33.13M, up 64.4% from fiscal 2025. Compound annual growth was +7.5% over 5 years and +3.2% over 10 years. It rose in 3 of the last 5 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

FLXS EPSQ1 2027$1.24

Quarter YoY: -5.3%
QoQ: -49.2%
FY YoY: +71.0%
5Y CAGR: +14.5%
10Y CAGR: +6.9%

FLXS diluted EPS was $1.24 in fiscal Q1 2027 (ended Sep 30, 2026), down 5.3% from a year earlier and down 49.2% from the prior quarter. For the full fiscal 2026 it was $6.07, up 71.0% from fiscal 2025. Compound annual growth was +14.5% over 5 years and +6.9% over 10 years.

FLXS free cash flowQ1 2027-$2.43M

FY YoY: +41.1%
10Y CAGR: +0.1%

FLXS free cash flow was -$2.43M in fiscal Q1 2027 (ended Sep 30, 2026), compared with $2.76M a year earlier. For the full fiscal 2026 it was $47.58M, up 41.1% from fiscal 2025. Compound annual growth was +0.1% over 10 years. It rose in each of the last 4 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

Export CSV

Income statement

Income statement
Line item	FY2026 Jun 30, 2026	FY2025 Jun 30, 2025	FY2024 Jun 30, 2024	FY2023 Jun 30, 2023	FY2022 Jun 30, 2022	FY2021 Jun 30, 2021	FY2020 Jun 30, 2020	FY2019 Jun 30, 2019	FY2018 Jun 30, 2018	FY2017 Jun 30, 2017
Revenue	$459.18M	$441.07M	$412.75M	$393.69M	$544.28M	$478.93M	$366.93M	$443.59M	$489.18M	$468.76M
Cost of revenue	$345.74M	$343.13M	$325.51M	$322.75M	$471.60M	$382.19M	$313.87M	$373.65M	$390.96M	$360.11M
Gross profit	$113.44M	$97.94M	$87.24M	$70.95M	$72.68M	$96.73M	$53.05M	$69.94M	$98.22M	$108.65M
Research and development	$2.60M	$2.10M	$2.10M	$2.10M	$2.90M	$1.90M	$4.00M	$4.40M	$3.90M	$3.70M
Selling, general and admin	$70.89M	$66.70M	$70.44M	$62.85M	$66.73M	$67.98M	$72.44M	$81.30M	$71.95M	$72.56M
Operating income	$42.55M	$26.61M	$17.08M	$10.54M	$6.62M	$31.20M	-$34.40M	-$43.15M	$24.50M	$37.26M
Interest expense	$22.0K	$70.0K	$1.55M	$1.34M	$835.0K	$10.0K	$82.0K	-	-	-
Pre-tax income	$43.82M	$26.97M	$15.55M	$9.22M	$5.90M	$31.47M	-$33.76M	-$42.61M	$25.13M	$37.59M
Income tax	$10.69M	$6.81M	$5.02M	-$5.56M	$4.05M	$8.42M	-$6.91M	-$10.00M	$7.46M	$13.80M
Net income	$33.13M	$20.15M	$10.53M	$14.78M	$1.85M	$23.05M	-$26.84M	-$32.60M	$17.67M	$23.79M
EPS, basic	$6.46	$3.84	$2.04	$2.83	$0.29	$3.20	-$3.37	-$4.13	$2.25	$3.06
EPS, diluted	$6.07	$3.55	$1.91	$2.74	$0.28	$3.09	-$3.37	-$4.13	$2.23	$3.02
Diluted shares	5.5M	5.7M	5.5M	5.4M	6.5M	7.5M	8.0M	7.9M	7.9M	7.9M

Balance sheet

Balance sheet
Line item	FY2026 Jun 30, 2026	FY2025 Jun 30, 2025	FY2024 Jun 30, 2024	FY2023 Jun 30, 2023	FY2022 Jun 30, 2022	FY2021 Jun 30, 2021	FY2020 Jun 30, 2020	FY2019 Jun 30, 2019	FY2018 Jun 30, 2018	FY2017 Jun 30, 2017
Cash and equivalents	$16.68M	$40.01M	$4.76M	$3.37M	$2.18M	$1.34M	$48.20M	$22.25M	$27.75M	$28.87M
Receivables	$42.66M	$35.23M	$44.24M	$38.17M	$41.11M	$55.99M	$32.22M	$38.16M	$41.25M	$42.36M
Inventory	$90.59M	$89.14M	$96.58M	$122.08M	$141.21M	$161.13M	$70.56M	$93.66M	$96.20M	$99.40M
Current assets	$158.37M	$172.37M	$155.38M	$170.64M	$190.07M	$228.54M	$181.84M	$165.97M	$189.63M	$195.25M
Total assets	$254.01M	$282.49M	$274.46M	$290.55M	$268.74M	$296.78M	$237.26M	$254.29M	$284.29M	$270.05M
Current liabilities	$75.67M	$62.01M	$60.41M	$55.10M	$64.63M	$99.75M	$53.46M	$47.76M	$40.93M	$37.20M
Total liabilities	$120.51M	$114.62M	$124.09M	$148.93M	$137.18M	$128.81M	$61.75M	$48.86M	$3.60M	$39.28M
Shareholders' equity	$133.50M	$167.86M	$150.37M	$141.62M	$131.56M	$167.97M	$175.50M	$205.43M	$241.70M	$230.76M

Cash flow

Cash flow
Line item	FY2026 Jun 30, 2026	FY2025 Jun 30, 2025	FY2024 Jun 30, 2024	FY2023 Jun 30, 2023	FY2022 Jun 30, 2022	FY2021 Jun 30, 2021	FY2020 Jun 30, 2020	FY2019 Jun 30, 2019	FY2018 Jun 30, 2018	FY2017 Jun 30, 2017
Operating cash flow	$51.52M	$36.98M	$31.88M	$22.99M	$7.99M	-$32.69M	$18.29M	$6.71M	$27.29M	$26.39M
Capital expenditures	$3.94M	$3.26M	$4.77M	$4.79M	$3.85M	$2.58M	$3.69M	$21.35M	$29.45M	$13.46M
Free cash flow	$47.58M	$33.72M	$27.11M	$18.20M	$4.14M	-$35.27M	$14.60M	-$14.63M	-$2.15M	$12.93M
Investing cash flow	-$3.92M	$9.43M	-$593.0K	-$4.45M	-$1.92M	$16.06M	$16.79M	-$5.17M	-$21.35M	-$29.67M
Financing cash flow	-$70.92M	-$11.17M	-$29.89M	-$17.36M	-$5.24M	-$30.23M	-$9.12M	-$7.05M	-$7.07M	-$4.62M
Dividends paid	$4.38M	$3.56M	$3.22M	$3.24M	$3.91M	$2.62M	$7.02M	$6.92M	$6.75M	$6.06M
Stock-based compensation	$4.55M	$3.87M	$4.65M	$3.19M	$1.02M	$3.74M	$4.88M	$1.35M	$501.0K	$1.61M

Key ratios

Key ratios
Line item	FY2026 Jun 30, 2026	FY2025 Jun 30, 2025	FY2024 Jun 30, 2024	FY2023 Jun 30, 2023	FY2022 Jun 30, 2022	FY2021 Jun 30, 2021	FY2020 Jun 30, 2020	FY2019 Jun 30, 2019	FY2018 Jun 30, 2018	FY2017 Jun 30, 2017
Revenue growth, YoY	4.1%	6.9%	4.8%	-27.7%	13.6%	30.5%	-17.3%	-9.3%	4.4%	-6.3%
Net income growth, YoY	64.4%	91.4%	-28.8%	697.5%	-92.0%	-	-	-	-25.7%	-1.9%
EPS growth, YoY	71.0%	85.9%	-30.3%	878.6%	-90.9%	-	-	-	-26.2%	-3.2%
Gross margin	24.7%	22.2%	21.1%	18.0%	13.4%	20.2%	14.5%	15.8%	20.1%	23.2%
Operating margin	9.3%	6.0%	4.1%	2.7%	1.2%	6.5%	-9.4%	-9.7%	5.0%	7.9%
Net margin	7.2%	4.6%	2.6%	3.8%	0.3%	4.8%	-7.3%	-7.4%	3.6%	5.1%
Free cash flow margin	10.4%	7.6%	6.6%	4.6%	0.8%	-7.4%	4.0%	-3.3%	-0.4%	2.8%
Return on equity	24.8%	12.0%	7.0%	10.4%	1.4%	13.7%	-15.3%	-15.9%	7.3%	10.3%
Return on assets	13.0%	7.1%	3.8%	5.1%	0.7%	7.8%	-11.3%	-12.8%	6.2%	8.8%
Current ratio	2.09	2.78	2.57	3.10	2.94	2.29	3.40	3.47	4.63	5.25

Income statement

Income statement
Line item	Q1 2027 Sep 30, 2026	Q4 2026* Jun 30, 2026	Q3 2026 Mar 31, 2026	Q2 2026 Dec 31, 2025	Q1 2026 Sep 30, 2025	Q4 2025 Jun 30, 2025	Q3 2025 Mar 31, 2025	Q2 2025 Dec 31, 2024	Q1 2025 Sep 30, 2024	Q4 2024 Jun 30, 2024	Q3 2024 Mar 31, 2024	Q2 2024 Dec 31, 2023
Revenue	$113.97M	$115.36M	$115.13M	$118.25M	$110.44M	$114.61M	$113.97M	$108.48M	$104.01M	$110.82M	$107.22M	$100.11M
Cost of revenue	$88.87M	$80.74M	$89.08M	$91.42M	$84.49M	$87.17M	$88.64M	$85.68M	$81.64M	$87.25M	$83.90M	$78.16M
Gross profit	$25.10M	$34.62M	$26.05M	$26.82M	$25.95M	$27.44M	$25.34M	$22.80M	$22.37M	$23.57M	$23.32M	$21.95M
Selling, general and admin	$18.20M	$18.28M	$17.82M	$17.83M	$16.96M	$17.16M	$17.07M	$16.14M	$16.32M	$18.88M	$17.71M	$17.37M
Operating income	$6.89M	$16.34M	$8.22M	$9.00M	$8.99M	$13.97M	-$5.06M	$11.65M	$6.05M	$7.60M	$2.98M	$4.58M
Interest expense	$9.0K	-	-	$0	$0	$0	$0	-$19.0K	$51.0K	$155.0K	$336.0K	$489.0K
Pre-tax income	$6.94M	$16.50M	$8.58M	$9.35M	$9.38M	$14.26M	-$4.96M	$11.67M	$6.00M	$7.45M	$2.66M	$4.09M
Income tax	$1.51M	$3.79M	$2.14M	$2.71M	$2.05M	$3.56M	-$1.22M	$2.61M	$1.86M	$2.52M	$857.0K	$1.04M
Net income	$5.42M	$12.71M	$6.45M	$6.64M	$7.33M	$10.70M	-$3.74M	$9.05M	$4.14M	$4.92M	$1.80M	$3.05M
EPS, basic	$1.32	$2.64	$1.20	$1.24	$1.38	$2.03	-$0.71	$1.73	$0.80	$0.95	$0.35	$0.59
EPS, diluted	$1.24	$2.44	$1.14	$1.18	$1.31	$1.89	-$0.71	$1.62	$0.74	$0.89	$0.33	$0.57
Diluted shares	4.4M	-	5.7M	5.6M	5.6M	-	5.3M	5.6M	5.6M	-	5.4M	5.3M

Balance sheet

Balance sheet
Line item	Q1 2027 Sep 30, 2026	Q4 2026* Jun 30, 2026	Q3 2026 Mar 31, 2026	Q2 2026 Dec 31, 2025	Q1 2026 Sep 30, 2025	Q4 2025 Jun 30, 2025	Q3 2025 Mar 31, 2025	Q2 2025 Dec 31, 2024	Q1 2025 Sep 30, 2024	Q4 2024 Jun 30, 2024	Q3 2024 Mar 31, 2024	Q2 2024 Dec 31, 2023
Cash and equivalents	$4.41M	$16.68M	$57.28M	$36.77M	$38.59M	$40.01M	$22.63M	$11.79M	$5.74M	$4.76M	$4.57M	$3.31M
Receivables	$41.52M	$42.66M	$41.45M	$41.83M	$35.24M	$35.23M	$38.45M	$36.31M	$39.48M	$44.24M	$38.88M	$31.40M
Inventory	$92.78M	$90.59M	$80.57M	$95.09M	$86.97M	$89.14M	$87.14M	$91.04M	$95.90M	$96.58M	$96.59M	$105.24M
Current assets	$148.45M	$158.37M	$200.47M	$188.60M	$175.37M	$172.37M	$156.94M	$149.05M	$151.61M	$155.38M	$149.89M	$149.11M
Total assets	$242.51M	$254.01M	$290.17M	$290.19M	$281.47M	$282.49M	$266.13M	$271.55M	$268.72M	$274.46M	$273.77M	$272.48M
Current liabilities	$67.96M	$75.67M	$58.23M	$62.63M	$58.51M	$62.01M	$53.49M	$50.87M	$53.33M	$60.41M	$53.74M	$48.59M
Total liabilities	$110.45M	$120.51M	$104.87M	$111.33M	$109.29M	$114.62M	$108.01M	$109.63M	$114.02M	$124.09M	$128.50M	$128.94M
Shareholders' equity	$132.06M	$133.50M	$185.30M	$178.87M	$172.18M	$167.86M	$158.12M	$161.92M	$154.70M	$150.37M	$145.26M	$143.53M

Cash flow

Cash flow
Line item	Q1 2027 Sep 30, 2026	Q4 2026* Jun 30, 2026	Q3 2026 Mar 31, 2026	Q2 2026 Dec 31, 2025	Q1 2026 Sep 30, 2025	Q4 2025 Jun 30, 2025	Q3 2025 Mar 31, 2025	Q2 2025 Dec 31, 2024	Q1 2025 Sep 30, 2024	Q4 2024 Jun 30, 2024	Q3 2024 Mar 31, 2024	Q2 2024 Dec 31, 2023
Operating cash flow	-$1.47M	$24.32M	$22.07M	$1.01M	$4.11M	$15.63M	$12.26M	$6.69M	$2.40M	$7.52M	$7.20M	$18.95M
Capital expenditures	$965.0K	$402.0K	$440.0K	$1.74M	$1.36M	$568.0K	$1.36M	$907.0K	$427.0K	$411.0K	$1.30M	$1.70M
Free cash flow	-$2.43M	$23.92M	$21.63M	-$735.0K	$2.76M	$15.06M	$10.91M	$5.79M	$1.97M	$7.11M	$5.89M	$17.24M
Investing cash flow	-$950.0K	-$396.0K	-$429.0K	-$1.74M	-$1.36M	$3.43M	-$522.0K	$5.80M	$728.0K	$3.77M	-$1.30M	-$1.70M
Financing cash flow	-$9.86M	-$64.53M	-$1.13M	-$1.08M	-$4.18M	-$1.68M	-$895.0K	-$6.44M	-$2.15M	-$11.10M	-$4.63M	-$16.91M
Dividends paid	$1.13M	$1.08M	$1.08M	$1.07M	$1.15M	$901.0K	$895.0K	$886.0K	$874.0K	$773.0K	$775.0K	$792.0K
Stock-based compensation	$1.06M	$1.15M	$1.14M	$1.14M	$1.12M	$906.0K	$862.0K	$963.0K	$1.14M	$1.93M	$877.0K	$934.0K

Key ratios

Key ratios
Line item	Q1 2027 Sep 30, 2026	Q4 2026* Jun 30, 2026	Q3 2026 Mar 31, 2026	Q2 2026 Dec 31, 2025	Q1 2026 Sep 30, 2025	Q4 2025 Jun 30, 2025	Q3 2025 Mar 31, 2025	Q2 2025 Dec 31, 2024	Q1 2025 Sep 30, 2024	Q4 2024 Jun 30, 2024	Q3 2024 Mar 31, 2024	Q2 2024 Dec 31, 2023
Revenue growth, YoY	3.2%	0.7%	1.0%	9.0%	6.2%	3.4%	6.3%	8.4%	9.9%	4.7%	8.2%	7.5%
Net income growth, YoY	-26.0%	18.8%	-	-26.6%	77.0%	117.4%	-	196.8%	450.5%	-51.6%	22.2%	6.9%
EPS growth, YoY	-5.3%	29.1%	-	-27.2%	77.0%	112.4%	-	184.2%	428.6%	-53.4%	17.9%	7.5%
Gross margin	22.0%	30.0%	22.6%	22.7%	23.5%	23.9%	22.2%	21.0%	21.5%	21.3%	21.7%	21.9%
Operating margin	6.0%	14.2%	7.1%	7.6%	8.1%	12.2%	-4.4%	10.7%	5.8%	6.9%	2.8%	4.6%
Net margin	4.8%	11.0%	5.6%	5.6%	6.6%	9.3%	-3.3%	8.3%	4.0%	4.4%	1.7%	3.0%
Free cash flow margin	-2.1%	20.7%	18.8%	-0.6%	2.5%	13.1%	9.6%	5.3%	1.9%	6.4%	5.5%	17.2%
Current ratio	2.18	2.09	3.44	3.01	3.00	2.78	2.93	2.93	2.84	2.57	2.79	3.07

Source: XBRL data Flexsteel Industries Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FLXS peers

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FLXS	$462.70M	+3.4%	$31.23M	6.7%	$308.5M
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SGISomnigroup International Inc.	$7.84B	+15.1%	$519.40M	6.6%	$15.26B
MHKMohawk Industries Inc.	$11.21B	+4.5%	$518.30M	4.6%	$9.10B
CSWCSW Industrials Inc.	$1.25B	+30.0%	$127.56M	10.2%	$4.69B
FULH. B. Fuller Company	$3.55B	+1.5%	$197.76M	5.6%	$2.76B
TILEInterface Inc.	$1.44B	+6.5%	$145.55M	10.1%	$1.85B
MBCMasterBrand Inc.	$3.11B	+12.9%	-$124.20M	-4.0%	$1.44B
LZBLa-Z-Boy Incorporated	$2.11B	+0.2%	$81.62M	3.9%	$1.31B

FLXS FAQ

9 questions

What is FLXS revenue?
Flexsteel Industries Inc. (FLXS) reported $462.70M of revenue for the twelve months ended Sep 30, 2026. That is up 3.4% from the year before. Revenue for fiscal 2026 was $459.18M.
Is FLXS profitable?
Yes. Flexsteel Industries Inc. earned $31.23M in net income for the twelve months ended Sep 30, 2026, a net margin of 6.7%.
How much cash and debt does FLXS have?
Flexsteel Industries Inc. reported $4.41M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is FLXS revenue growing?
Flexsteel Industries Inc.'s revenue changed +4.1% in fiscal 2026, to $459.18M. Its compound annual growth rate was -0.8% over 5 years and -0.9% over 10 years.
What is FLXS gross margin?
Flexsteel Industries Inc.'s gross profit was $112.59M on $462.70M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 24.3%.
What is FLXS free cash flow?
Flexsteel Industries Inc. generated $42.39M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $45.94M less capital expenditures.
What is FLXS earnings per share?
Diluted earnings per share were $6.00 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did FLXS last report financial results?
The latest statements here come from Flexsteel Industries Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
Where does this FLXS financial data come from?
Quantisnow builds these statements from the structured XBRL data Flexsteel Industries Inc. files with the SEC. It is provided for information only and is not investment advice.