HNI CORP
For the period ended Jan 3, 2026. Filed Mar 3, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Mar 3, 2026
HNI$49.75+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Statements
| HNI Corporation and SubsidiariesConsolidated Statements of Comprehensive Income(In millions, except per share data) | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net sales | $2,839.0 | $2,526.4 | $2,434.0 |
| Cost of sales | 1,662.9 | 1,493.0 | 1,485.7 |
| Gross profit | 1,176.1 | 1,033.4 | 948.3 |
| Selling and administrative expenses | 937.0 | 820.7 | 772.0 |
| Acquisition costs | 94.6 | — | 41.2 |
| Restructuring, impairment, and loss on divestiture | 18.5 | 6.2 | 44.8 |
| Operating income | 126.0 | 206.5 | 90.3 |
| Interest expense, net | 35.6 | 27.2 | 25.5 |
| Other non-operating income, net | 0.4 | — | — |
| Income before income taxes | 90.8 | 179.3 | 64.8 |
| Income tax expense | 36.5 | 39.8 | 15.6 |
| Net income | 54.2 | 139.5 | 49.2 |
| Less: Net income attributable to non-controlling interest | 0.0 | 0.0 | 0.0 |
| Net income attributable to HNI Corporation | $54.2 | $139.5 | $49.2 |
| Average number of common shares outstanding – basic | 47.9 | 47.4 | 44.5 |
| Net income attributable to HNI Corporation per common share – basic | $1.13 | $2.95 | $1.11 |
| Average number of common shares outstanding – diluted | 48.9 | 48.5 | 45.4 |
| Net income attributable to HNI Corporation per common share – diluted | $1.11 | $2.88 | $1.09 |
| Foreign currency translation adjustments | $8.5 | $(0.4) | $(0.2) |
| Change in unrealized gains (losses) on marketable securities, net of tax | 0.2 | 0.1 | 0.4 |
| Change in pension and post-retirement liability, net of tax | 3.4 | 1.1 | 0.0 |
| Change in derivative financial instruments, net of tax | (0.4) | 1.6 | (2.8) |
| Other comprehensive income (loss), net of tax | 11.8 | 2.4 | (2.6) |
| Comprehensive income | 66.0 | 141.9 | 46.6 |
| Less: Comprehensive income (loss) attributable to non-controlling interest | 0.0 | 0.0 | 0.0 |
| Comprehensive income attributable to HNI Corporation | $66.0 | $141.9 | $46.6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.