Filing Flows › Flexsteel Industries (FLXS) › Q1 FY27 › vs Q4 FY26
Flexsteel Industries (FLXS) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Flexsteel Industries's revenue fell $1.4M (-1%) from $115M in Q4 FY26 to $114M in Q1 FY27. Gross margin 22.0% against 30.0% (-8.0 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 22.0% | 30.0% | -8.0 pts |
| Operating margin | 6.0% | 14.2% | -8.1 pts |
| Net margin | 4.8% | 11.0% | -6.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $114M | $115M | −$1.4M | -1% |
| Gross profit | $25.1M | $34.6M | −$9.5M | -28% |
| Cost of revenue | $88.9M | $80.7M | $8.1M | +10% |
| Operating profit | $6.9M | $16.3M | −$9.4M | -58% |
| Operating expenses | $18.2M | $18.3M | −$75K | -0.4% |
| Pre-tax earnings | $6.9M | $16.5M | −$9.6M | -58% |
| Net earnings | $5.4M | $12.7M | −$7.3M | -57% |
| Income tax | $1.5M | $3.8M | −$2.3M | -60% |
| Operating cash sources | $9.1M | −$9.4M | $18.4M | — |
| Depreciation | $1.1M | $1.1M | $23K | +2% |
| Share-based compensation | $1.1M | $1.1M | −$83K | -7% |
| Cash used in operations | $1.5M | −$24.3M | $25.8M | — |
| Working capital & other | $9.1M | −$9.4M | $18.4M | — |
Questions
How much did Flexsteel Industries's revenue grow quarter over quarter in Q1 FY27?
Flexsteel Industries's revenue fell $1.4M (-1%) from $115M in Q4 FY26 to $114M in Q1 FY27. Gross margin 22.0% against 30.0% (-8.0 pts).