Filing Flows › Bassett Furniture Industries (BSET) › Q2 FY26 › vs Q1 FY26
Bassett Furniture Industries (BSET) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Bassett Furniture Industries's revenue rose $3.4M (+4%) from $80.3M in Q1 FY26 to $83.8M in Q2 FY26. The biggest changes: Bassett Custom Upholstery +$4.8M (+10%); Bassett Casegoods −$1.2M (-11%); Bassett Leather −$513K (-10%). Gross margin 56.5% against 56.2% (+0.3 pts).
Bassett Furniture Industries, Q2 FY26: revenue $83.8M (-0.7% year over year), operating margin 2.7%, net earnings $2.0M, operating cash flow $7.4M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 56.5% | 56.2% | +0.3 pts |
| Operating margin | 2.7% | 1.4% | +1.2 pts |
| Net margin | 2.4% | 1.4% | +1.0 pts |
| Free cash flow margin | 6.7% | -7.9% | +14.6 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Bassett Custom Upholstery | $51.4M | $46.6M | $4.8M | +10% |
| Bassett Custom Wood | $10.8M | $11.0M | −$151K | -1% |
| Bassett Casegoods | $9.4M | $10.6M | −$1.2M | -11% |
| Accessories, Mattresses and Other | $7.3M | $6.8M | $470K | +7% |
| Bassett Leather | $4.8M | $5.3M | −$513K | -10% |
| Revenue | $83.8M | $80.3M | $3.4M | +4% |
| Gross profit | $47.3M | $45.2M | $2.2M | +5% |
| Cost of revenue | $36.4M | $35.2M | $1.2M | +3% |
| Other income, net | $533K | $361K | $172K | +48% |
| Operating profit | $2.2M | $1.2M | $1.1M | +94% |
| Operating expenses | $45.1M | $44.0M | $1.1M | +2% |
| Pre-tax earnings | $2.8M | $1.5M | $1.3M | +83% |
| Net earnings | $2.0M | $1.1M | $923K | +83% |
| Income tax | $737K | $402K | $335K | +83% |
| Depreciation & amortization | $2.3M | $2.2M | $45K | +2% |
| Working capital & other | $3.0M | −$8.8M | $11.9M | — |
| Operating cash flow | $7.4M | −$5.5M | $12.8M | — |
| Free cash flow (OCF − capex) | $5.6M | −$6.3M | $12.0M | — |
| Capital expenditures | $1.7M | $863K | $866K | +100% |
Questions
How much did Bassett Furniture Industries's revenue grow quarter over quarter in Q2 FY26?
Bassett Furniture Industries's revenue rose $3.4M (+4%) from $80.3M in Q1 FY26 to $83.8M in Q2 FY26.
What drove Bassett Furniture Industries's revenue change in Q2 FY26?
Bassett Custom Upholstery +$4.8M (+10%); Bassett Casegoods −$1.2M (-11%); Bassett Leather −$513K (-10%).