Filing Flows › Bassett Furniture Industries (BSET) › Q3 FY26 › vs Q2 FY26
Bassett Furniture Industries (BSET) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Bassett Furniture Industries's revenue fell $915K (-1%) from $83.8M in Q2 FY26 to $82.8M in Q3 FY26. The biggest changes: Bassett Custom Upholstery −$610K (-1%); Bassett Casegoods +$320K (+3%); Bassett Leather −$237K (-5%). Gross margin 57.5% against 56.5% (+0.9 pts).
Bassett Furniture Industries, Q3 FY26: revenue $82.8M (+3% year over year), operating margin 3.4%, net earnings $2.1M, operating cash flow $6.1M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 57.5% | 56.5% | +0.9 pts |
| Operating margin | 3.4% | 2.7% | +0.7 pts |
| Net margin | 2.5% | 2.4% | +0.1 pts |
| Free cash flow margin | 2.2% | 6.7% | -4.5 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Bassett Custom Upholstery | $50.8M | $51.4M | −$610K | -1% |
| Bassett Custom Wood | $10.6M | $10.8M | −$169K | -2% |
| Bassett Casegoods | $9.8M | $9.4M | $320K | +3% |
| Accessories, Mattresses and Other | $7.1M | $7.3M | −$219K | -3% |
| Bassett Leather | $4.5M | $4.8M | −$237K | -5% |
| Revenue | $82.8M | $83.8M | −$915K | -1% |
| Gross profit | $47.6M | $47.3M | $269K | +0.6% |
| Cost of revenue | $35.2M | $36.4M | −$1.2M | -3% |
| Operating profit | $2.8M | $2.2M | $539K | +24% |
| Operating expenses | $44.8M | $45.1M | −$270K | -0.6% |
| Pre-tax earnings | $2.9M | $2.8M | $111K | +4% |
| SG&A | $44.7M | $44.6M | $59K | +0.1% |
| Other operating costs | $144K | $473K | −$329K | -70% |
| Net earnings | $2.1M | $2.0M | $62K | +3% |
| Income tax | $786K | $737K | $49K | +7% |
| Depreciation & amortization | $2.2M | $2.3M | −$51K | -2% |
| Working capital & other | $1.8M | $3.0M | −$1.3M | -41% |
| Operating cash flow | $6.1M | $7.4M | −$1.2M | -17% |
| Free cash flow (OCF − capex) | $1.8M | $5.6M | −$3.8M | -67% |
| Capital expenditures | $4.3M | $1.7M | $2.6M | +148% |
Questions
How much did Bassett Furniture Industries's revenue grow quarter over quarter in Q3 FY26?
Bassett Furniture Industries's revenue fell $915K (-1%) from $83.8M in Q2 FY26 to $82.8M in Q3 FY26.
What drove Bassett Furniture Industries's revenue change in Q3 FY26?
Bassett Custom Upholstery −$610K (-1%); Bassett Casegoods +$320K (+3%); Bassett Leather −$237K (-5%).