FLEXSTEEL INDUSTRIES INC Income Statement
FLXS|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
FLEXSTEEL INDUSTRIES INC reported $394M in revenue and $15M in net income for FY2025. Revenue has grown at a 1.5% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $393.7M | $544.3M | $478.9M | $366.9M | $443.6M | $489.2M | $468.8M | $500.1M | $466.9M | $438.5M | $386.2M | $352.1M | $339.4M | $326.5M |
| Cost of Revenue | $322.7M | $471.6M | $382.2M | $313.9M | $373.6M | $391.0M | $360.1M | $386.4M | $357.0M | $338.3M | $295.7M | $266.8M | $262.1M | $251.7M |
| Gross Profit | $70.9M | $72.7M | $96.7M | $53.1M | $69.9M | $98.2M | $108.7M | $113.7M | $109.9M | $100.3M | $90.5M | $85.3M | $77.3M | $74.8M |
| SG&A Expense | $62.8M | $66.7M | $68.0M | $72.4M | $81.3M | $71.9M | $72.6M | $77.9M | $75.7M | $71.7M | $70.2M | $65.0M | $60.4M | $57.3M |
| R&D Expense | $2.1M | $2.9M | $1.9M | $4.0M | $4.4M | $3.9M | $3.7M | $4.2M | $4.1M | $2.8M | $2.5M | $2.3M | $2.2M | $2.0M |
| Operating Income | $10.5M | $6.6M | $31.2M | -$34.4M | -$43.2M | $24.5M | $37.3M | $38.1M | $34.4M | $22.3M | $20.3M | $20.2M | $15.9M | $17.5M |
| Interest Expense | $1.3M | $835.0K | $10.0K | $82.0K | - | - | - | $69.0K | $130.0K | $130.0K | $130.0K | - | - | $439.0K |
| Income Tax | -$5.6M | $4.0M | $8.4M | -$6.9M | -$10.0M | $7.5M | $13.8M | $13.7M | $13.3M | $8.8M | $7.7M | $7.6M | $5.8M | $6.7M |
| Net Income | $14.8M | $1.9M | $23.0M | -$26.8M | -$32.6M | $17.7M | $23.8M | $24.2M | $22.3M | $15.0M | $13.2M | $13.1M | $10.4M | $10.8M |
| EPS (Basic) | $2.83 | $0.29 | $3.20 | -$3.37 | -$4.13 | $2.25 | $3.06 | $3.19 | $3.00 | $2.07 | $1.87 | $1.93 | $1.56 | $1.63 |
| EPS (Diluted) | $2.74 | $0.28 | $3.09 | -$3.37 | -$4.13 | $2.23 | $3.02 | $3.12 | $2.89 | $2.00 | $1.80 | $1.86 | $1.50 | $1.61 |
| Shares Outstanding | 5.2M | 5.2M | 5.3M | 6.8M | 7.9M | 7.9M | 7.9M | 7.8M | 7.7M | 7.5M | 7.4M | 7.1M | 6.9M | 6.7M |
| Gross Margin | 18.0% | 13.4% | 20.2% | 14.5% | 15.8% | 20.1% | 23.2% | 22.7% | 23.5% | 22.9% | 23.4% | 24.2% | 22.8% | 22.9% |
| Operating Margin | 2.7% | 1.2% | 6.5% | -9.4% | -9.7% | 5.0% | 8.0% | 7.6% | 7.4% | 5.1% | 5.3% | 5.8% | 4.7% | 5.4% |
| Profit Margin | 3.8% | 0.3% | 4.8% | -7.3% | -7.3% | 3.6% | 5.1% | 4.9% | 4.8% | 3.4% | 3.4% | 3.7% | 3.1% | 3.3% |