Filing Flows › Flexsteel Industries (FLXS) › Q1 FY27 › vs Q1 FY26
Flexsteel Industries (FLXS) Q1 FY27 vs Q1 FY26 (year over year)
Flexsteel Industries's revenue rose $3.5M (+3%) from $110M in Q1 FY26 to $114M in Q1 FY27. The biggest changes: Flexsteel Brand +$5.4M (+5%); Homestyles Brand −$1.9M (-57%). Gross margin 22.0% against 23.5% (-1.5 pts).
Flexsteel Industries, Q1 FY27: revenue $114M (+3% year over year), operating margin 6.0%, net earnings $5.4M, operating cash flow −$1.5M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 22.0% | 23.5% | -1.5 pts |
| Operating margin | 6.0% | 8.1% | -2.1 pts |
| Net margin | 4.8% | 6.6% | -1.9 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Flexsteel Brand | $113M | $107M | $5.4M | +5% |
| Homestyles Brand | $1.4M | $3.3M | −$1.9M | -57% |
| Revenue | $114M | $110M | $3.5M | +3% |
| Gross profit | $25.1M | $25.9M | −$850K | -3% |
| Cost of revenue | $88.9M | $84.5M | $4.4M | +5% |
| Operating profit | $6.9M | $9.0M | −$2.1M | -23% |
| Operating expenses | $18.2M | $17.0M | $1.2M | +7% |
| Pre-tax earnings | $6.9M | $9.4M | −$2.4M | -26% |
| Net earnings | $5.4M | $7.3M | −$1.9M | -26% |
| Income tax | $1.5M | $2.1M | −$538K | -26% |
| Operating cash sources | $9.1M | $5.2M | $3.9M | +75% |
| Depreciation | $1.1M | $836K | $261K | +31% |
| Share-based compensation | $1.1M | $1.1M | −$53K | -5% |
| Cash used in operations | $1.5M | −$4.1M | $5.6M | — |
| Working capital & other | $9.1M | $5.2M | $3.9M | +75% |
Questions
How much did Flexsteel Industries's revenue grow year over year in Q1 FY27?
Flexsteel Industries's revenue rose $3.5M (+3%) from $110M in Q1 FY26 to $114M in Q1 FY27.
What drove Flexsteel Industries's revenue change in Q1 FY27?
Flexsteel Brand +$5.4M (+5%); Homestyles Brand −$1.9M (-57%).