Filing Flows › Flexsteel Industries (FLXS) › How it makes money
How Flexsteel Industries (FLXS) makes money
Flexsteel Industries (FLXS) made $114M of revenue in the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier. Flexsteel Brand brought in $113M (99%); Homestyles Brand brought in $1.4M (1%). Of every dollar of revenue, 22¢ was left as gross profit, 6¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Flexsteel Brand | $113M | 98.8% | — | +5% |
| Homestyles Brand | $1.4M | 1.2% | — | -57% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $114M | 100.0% |
| Cost of revenue | $88.9M | 78.0% |
| Gross profit | $25.1M | 22.0% |
| Operating expenses | $18.2M | 16.0% |
| Operating profit | $6.9M | 6.0% |
| Income tax | $1.5M | 1.3% |
| Net earnings | $5.4M | 4.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $114M | +3% |
| Q4 FY26 | $115M | +0.7% |
| Q3 FY26 | $115M | +1% |
| Q2 FY26 | $118M | +9% |
| Q1 FY26 | $110M | +6% |
| Q4 FY25 | $115M | +3% |
| Q3 FY25 | $114M | +6% |
From Flexsteel Industries' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Flexsteel Industries make money?
Flexsteel Industries (FLXS) made $114M of revenue in the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier. Flexsteel Brand brought in $113M (99%); Homestyles Brand brought in $1.4M (1%). Of every dollar of revenue, 22¢ was left as gross profit, 6¢ was left as operating profit, 5¢ was left as net earnings.
What is Flexsteel Industries' biggest business?
Flexsteel Brand: $113M in the first quarter fiscal 2027, 99% of revenue, +5% from a year earlier.
What is Flexsteel Industries' profit margin?
Net earnings were $5.4M, 4.8% of revenue, in the first quarter fiscal 2027; the operating margin was 6.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.