Filing Flows › HNI (HNI) › Q3 2026 › vs Q3 2025
HNI (HNI) Q3 2026 vs Q3 2025 (year over year)
HNI's revenue rose $909M (+133%) from $684M in Q3 2025 to $1.6B in Q3 2026. The biggest changes: Workplace furnishings +$901M (+174%); Residential building products +$8.1M (+5%). Gross margin 42.6% against 42.1% (+0.5 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 42.6% | 42.1% | +0.5 pts |
| Operating margin | 8.6% | 9.4% | -0.9 pts |
| Net margin | 5.7% | 6.0% | -0.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Workplace furnishings | $1.4B | $517M | $901M | +174% |
| Residential building products | $175M | $167M | $8.1M | +5% |
| Revenue | $1.6B | $684M | $909M | +133% |
| Gross profit | $678M | $288M | $390M | +136% |
| Cost of revenue | $914M | $396M | $519M | +131% |
| Operating profit | $137M | $64.6M | $72.1M | +112% |
| Operating expenses | $542M | $224M | $318M | +142% |
| Pre-tax earnings | $121M | $57.4M | $63.9M | +111% |
| Other expense, net | $15.4M | $7.2M | $8.2M | +114% |
| SG&A | $534M | $214M | $319M | +149% |
| Other operating costs | $8.2M | $9.1M | −$900K | -10% |
| Net earnings | $90.0M | $41.2M | $48.8M | +118% |
| Income tax | $31.3M | $16.2M | $15.1M | +93% |
| Depreciation & amortization | $70.4M | $24.9M | $45.5M | +183% |
| Share-based compensation | $5.8M | $3.2M | $2.6M | +81% |
| Working capital & other | $29.1M | $85.9M | −$56.8M | -66% |
| Operating cash flow | $195M | $155M | $40.1M | +26% |
Questions
How much did HNI's revenue grow year over year in Q3 2026?
HNI's revenue rose $909M (+133%) from $684M in Q3 2025 to $1.6B in Q3 2026.
What drove HNI's revenue change in Q3 2026?
Workplace furnishings +$901M (+174%); Residential building products +$8.1M (+5%).