Filing Flows › HNI (HNI) › Q3 2026
HNI (HNI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
HNI (HNI) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +133% from a year earlier and +8% from the quarter before. Operating margin was 8.6%, net earnings $90.0M (5.7% of revenue).
HNI, Q3 2026: revenue $1.6B (+133% year over year), operating margin 8.6%, net earnings $90.0M, operating cash flow $195M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +8% | +133% |
| Gross profit | $678M | +5% | +136% |
| Operating profit | $137M | +48% | +112% |
| Net earnings | $90.0M | +76% | +118% |
| Operating cash flow | $195M | +40% | +26% |
What changed
Revenue was $1.6B in Q3 2026, up 133% year over year and up 8% from the previous quarter. Workplace furnishings was the largest line at 89% of revenue. Workplace furnishings added $0.90B year over year (up 174%), 99% of the total change.
Gross margin was 42.6%, up 0.5 points from Q3 2025. Operating profit was $0.14B, a 8.6% margin (down 0.9 points year over year). Of the extra revenue versus Q3 2025, 8% reached operating profit, below the 9% margin then. Operating expenses grew 142% against revenue growth of 133%. The fastest-growing cost line was SG&A (+149%). Net earnings were $0.09B, up 118% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.20B (up 26% year over year), 217% 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 $0.03B.
Questions
What was HNI's revenue in the third quarter 2026?
HNI (HNI) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +133% from a year earlier and +8% from the quarter before.
Was HNI profitable in the third quarter 2026?
Operating profit was $137M (8.6% of revenue) and net earnings $90.0M.
Source: HNI 10-Q on SEC EDGAR.