Filing Flows › HNI (HNI) › Q3 2026 › vs Q2 2026
HNI (HNI) Q3 2026 vs Q2 2026 (quarter over quarter)
HNI's revenue rose $120M (+8%) from $1.5B in Q2 2026 to $1.6B in Q3 2026. The biggest changes: Workplace furnishings +$94.2M (+7%); Residential building products +$26.3M (+18%). Gross margin 42.6% against 44.0% (-1.4 pts).
HNI, Q3 2026: revenue $1.6B (+133% year over year), operating margin 8.6%, net earnings $90.0M, operating cash flow $195M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 42.6% | 44.0% | -1.4 pts |
| Operating margin | 8.6% | 6.3% | +2.3 pts |
| Net margin | 5.7% | 3.5% | +2.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Workplace furnishings | $1.4B | $1.3B | $94.2M | +7% |
| Residential building products | $175M | $149M | $26.3M | +18% |
| Revenue | $1.6B | $1.5B | $120M | +8% |
| Gross profit | $678M | $647M | $31.3M | +5% |
| Cost of revenue | $914M | $825M | $89.2M | +11% |
| Operating profit | $137M | $92.1M | $44.6M | +48% |
| Operating expenses | $542M | $555M | −$13.3M | -2% |
| Pre-tax earnings | $121M | $71.2M | $50.1M | +70% |
| Other expense, net | $15.4M | $20.9M | −$5.5M | -26% |
| SG&A | $534M | $533M | $600K | +0.1% |
| Other operating costs | $8.2M | $22.1M | −$13.9M | -63% |
| Net earnings | $90.0M | $51.1M | $38.9M | +76% |
| Income tax | $31.3M | $20.1M | $11.2M | +56% |
| Depreciation & amortization | $70.4M | $66.2M | $4.2M | +6% |
| Share-based compensation | $5.8M | $9.6M | −$3.8M | -40% |
| Working capital & other | $29.1M | $12.9M | $16.2M | +126% |
| Operating cash flow | $195M | $140M | $55.5M | +40% |
Questions
How much did HNI's revenue grow quarter over quarter in Q3 2026?
HNI's revenue rose $120M (+8%) from $1.5B in Q2 2026 to $1.6B in Q3 2026.
What drove HNI's revenue change in Q3 2026?
Workplace furnishings +$94.2M (+7%); Residential building products +$26.3M (+18%).