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How Bassett Furniture Industries (BSET) makes money

Bassett Furniture Industries (BSET) made $82.8M of revenue in the third quarter fiscal 2026 (Q3 FY26), +3% from a year earlier. Bassett Custom Upholstery brought in $50.8M (61%); Bassett Custom Wood brought in $10.6M (13%); Bassett Casegoods brought in $9.8M (12%). Of every dollar of revenue, 57¢ was left as gross profit, 3¢ was left as operating profit, 3¢ was left as net earnings.

Drawing the Sankey…

Bassett Furniture Industries revenue by segment, Q3 FY26Bassett Furniture Industries revenue by segment, Q3 FY26Bassett Custom Upholstery$50.8MBassett Custom Wood$10.6MBassett Casegoods$9.8MAccessories, Mattresses and Other$7.1MBassett Leather$4.5M
Bassett Furniture Industries: revenue by line, Q4 FY24 to Q3 FY26Bassett Furniture Industries: revenue by line, Q4 FY24 to Q3 FY26Bassett Custom Uphols…Bassett Custom WoodBassett CasegoodsAccessories, Mattress…Bassett LeatherBassett Custom Upholstery: $50.8M latest$50.8MBassett Custom Wood: $10.6M latest$10.6MBassett Casegoods: $9.8M latest$9.8MAccessories, Mattresses and Other: $7.1M latest$7.1MBassett Leather: $4.5M latestQ4 FY24Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Bassett Custom Upholstery went from 58% of revenue in Q4 FY24 to 61% in Q3 FY26, the largest shift in the mix.
Bassett Furniture Industries revenue by quarterBassett Furniture Industries revenue by quarter$84.3MQ4 FY24$84.3MQ2 FY25$80.1MQ3 FY25$88.7MQ4 FY25$80.3MQ1 FY26$83.8MQ2 FY26$82.8MQ3 FY26
Bassett Furniture Industries: where each dollar of revenue goesBassett Furniture Industries: where each dollar of revenue goesCost of revenue43¢Gross profit57¢Operating expenses54¢Operating profit3¢Income tax1¢Net earnings3¢Operating cash flow7¢Free cash flow2¢

Revenue by segment, Q3 FY26

SegmentRevenueShareQ/QY/Y
Bassett Custom Upholstery$50.8M61.4%-1%+4%
Bassett Custom Wood$10.6M12.8%-2%+13%
Bassett Casegoods$9.8M11.8%+3%-5%
Accessories, Mattresses and Other$7.1M8.5%-3%+2%
Bassett Leather$4.5M5.5%-5%+4%

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$82.8M100.0%
Cost of revenue$35.2M42.5%
Gross profit$47.6M57.5%
Operating expenses$44.8M54.1%
Operating profit$2.8M3.4%
Income tax$786K0.9%
Net earnings$2.1M2.5%
Operating cash flow$6.1M7.4%
Free cash flow$1.8M2.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$82.8M+3%
Q2 FY26$83.8M-0.7%
Q1 FY26$80.3M-2%
Q4 FY25$88.7M+5%
Q3 FY25$80.1M+6%
Q2 FY25$84.3M+1%
Q4 FY24$84.3M-11%

From Bassett Furniture Industries' 10-Q filed Sep 30, 2026 (on EDGAR).

Questions

How does Bassett Furniture Industries make money?

Bassett Furniture Industries (BSET) made $82.8M of revenue in the third quarter fiscal 2026 (Q3 FY26), +3% from a year earlier. Bassett Custom Upholstery brought in $50.8M (61%); Bassett Custom Wood brought in $10.6M (13%); Bassett Casegoods brought in $9.8M (12%). Of every dollar of revenue, 57¢ was left as gross profit, 3¢ was left as operating profit, 3¢ was left as net earnings.

What is Bassett Furniture Industries' biggest business?

Bassett Custom Upholstery: $50.8M in the third quarter fiscal 2026, 61% of revenue, +4% from a year earlier.

What is Bassett Furniture Industries' profit margin?

Net earnings were $2.1M, 2.5% of revenue, in the third quarter fiscal 2026; the operating margin was 3.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.