Filing Flows › HNI (HNI) › Q2 2026
HNI (HNI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
HNI (HNI) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +121% from a year earlier and +9% from the quarter before. Operating margin was 6.3%, net earnings $51.1M (3.5% of revenue).
HNI, Q2 2026: revenue $1.5B (+121% year over year), operating margin 6.3%, net earnings $51.1M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +9% | +121% |
| Gross profit | $647M | +29% | +126% |
| Operating profit | $92.1M | — | +35% |
| Net earnings | $51.1M | — | +6% |
| Operating cash flow | $140M | — | +350% |
What changed
Revenue was $1.5B in Q2 2026, up 121% year over year and up 9% from the previous quarter. Workplace furnishings was the largest line at 90% of revenue. Workplace furnishings added $0.81B year over year (up 157%), 100% of the total change. Residential building products declined 2%.
Gross margin was 44.0%, up 1.1 points from Q2 2025. Operating profit was $0.09B, a 6.3% margin (down 4.0 points year over year). Of the extra revenue versus Q2 2025, 3% reached operating profit, below the 10% margin then. Operating expenses grew 155% against revenue growth of 121%. The fastest-growing cost line was Other operating costs (+784%). Net earnings were $0.05B, up 6% year over year. The effective tax rate was 28.2%.
Operating cash flow was $0.14B (up 350% year over year), 274% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B.
Questions
What was HNI's revenue in the second quarter 2026?
HNI (HNI) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +121% from a year earlier and +9% from the quarter before.
Was HNI profitable in the second quarter 2026?
Operating profit was $92.1M (6.3% of revenue) and net earnings $51.1M.
Source: HNI 10-Q on SEC EDGAR.