Filing Flows › Flexsteel Industries (FLXS) › Q4 FY26
Flexsteel Industries (FLXS) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 19, 2026
Flexsteel Industries (FLXS) reported revenue of $115M for the fourth quarter fiscal 2026 (Q4 FY26), +0.7% from a year earlier and +0.2% from the quarter before. Operating margin was 14.2%, net earnings $12.7M (11.0% of revenue).
Flexsteel Industries, Q4 FY26: revenue $115M (+0.7% year over year), operating margin 14.2%, net earnings $12.7M, operating cash flow $24.3M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $115M | +0.2% | +0.7% |
| Gross profit | $34.6M | +33% | +26% |
| Operating profit | $16.3M | +99% | +17% |
| Net earnings | $12.7M | +97% | +19% |
| Operating cash flow | $24.3M | +10% | +56% |
| Free cash flow | $23.9M | +11% | +59% |
What changed
Revenue was $115.4M in Q4 FY26, up 1% year over year and roughly flat from the previous quarter.
Gross margin was 30.0%, up 6.1 points from Q4 FY25. Operating profit was $16.3M, a 14.2% margin (up 2.0 points year over year). Of the extra revenue versus Q4 FY25, 314% reached operating profit, above the 12% margin then. Operating expenses grew 36% against revenue growth of 1%. Net earnings were $12.7M, up 19% year over year. The effective tax rate was 23.0%.
Operating cash flow was $24.3M (up 56% year over year), 191% of net earnings. Non-cash charges added back $1.1M of depreciation and $1.1M of share-based compensation. Working capital and other items added $9.4M. Capital expenditures of $402K left free cash flow of $23.9M.
Questions
What was Flexsteel Industries' revenue in the fourth quarter fiscal 2026?
Flexsteel Industries (FLXS) reported revenue of $115M for the fourth quarter fiscal 2026 (Q4 FY26), +0.7% from a year earlier and +0.2% from the quarter before.
Was Flexsteel Industries profitable in the fourth quarter fiscal 2026?
Operating profit was $16.3M (14.2% of revenue) and net earnings $12.7M.