Filing Flows › HNI (HNI) › How it makes money
How HNI (HNI) makes money
HNI (HNI) made $1.6B of revenue in the third quarter 2026 (Q3 2026), +133% from a year earlier. Workplace furnishings brought in $1.4B (89%); Residential building products brought in $175M (11%). Of every dollar of revenue, 43¢ was left as gross profit, 9¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Workplace furnishings | $1.4B | 89.0% | +7% | +174% |
| Residential building products | $175M | 11.0% | +18% | +5% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.6B | 100.0% |
| Cost of revenue | $914M | 57.4% |
| Gross profit | $678M | 42.6% |
| Operating expenses | $542M | 34.0% |
| Operating profit | $137M | 8.6% |
| Income tax | $31.3M | 2.0% |
| Net earnings | $90.0M | 5.7% |
| Operating cash flow | $195M | 12.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.6B | +133% |
| Q2 2026 | $1.5B | +121% |
| Q1 2026 | $1.3B | +125% |
| Q4 2025 | $888M | +38% |
| Q3 2025 | $684M | +2% |
| Q2 2025 | $667M | +7% |
| Q1 2025 | $600M | +2% |
From HNI's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does HNI make money?
HNI (HNI) made $1.6B of revenue in the third quarter 2026 (Q3 2026), +133% from a year earlier. Workplace furnishings brought in $1.4B (89%); Residential building products brought in $175M (11%). Of every dollar of revenue, 43¢ was left as gross profit, 9¢ was left as operating profit, 6¢ was left as net earnings.
What is HNI's biggest business?
Workplace furnishings: $1.4B in the third quarter 2026, 89% of revenue, +174% from a year earlier.
What is HNI's profit margin?
Net earnings were $90.0M, 5.7% of revenue, in the third quarter 2026; the operating margin was 8.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.