Flexsteel Industries (FLXS) Gross Margin (2010 - 2026)
Flexsteel Industries' (FLXS) quarterly Gross Margin came in at 30.01% in Q2 2026, up 607.0% year-over-year from 4.24% in Q2 2025, and up 32.65% quarter-over-quarter from 22.62% in Q1 2026.
Analysis
Flexsteel Industries (FLXS) Gross Margin (2010 - 2026) Analysis & Trends
Flexsteel Industries has disclosed Gross Margin across 17 years of filings, most recently posting 30.01% for Q2 2026.
- In Q2 2026, Gross Margin rose 607.0% year-over-year to 30.01%; the TTM figure through Jun 2026 stood at 24.7% (up 250.0% YoY), while the FY2026 annual figure was 24.7%, up 250.0% from the prior year.
- Gross Margin came in at 30.01% for Q2 2026 at Flexsteel Industries, up from 22.62% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 30.01% in Q2 2026 to a low of 14.19% in Q2 2022.
- Average Gross Margin over 5 years is 20.76%, with a median of 21.39% recorded in 2024.
- The largest YoY upside for Gross Margin was 1028 bps in 2022 against a maximum downside of 520 bps in 2022.
- Over 5 years, Gross Margin stood at 17.01% in 2022, then advanced by 29 bps to 21.93% in 2023, then fell by 4 bps to 21.02% in 2024, then rose by 8 bps to 22.68% in 2025, then soared by 32 bps to 30.01% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 30.01% in Q2 2026, 22.62% in Q1 2026, and 22.68% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 14.70 Bn | 14.60 Bn | 817.20 Mn | 44.81% |
| 2 | Hni | 3.58 Bn | 3.48 Bn | 647.20 Mn | 43.96% |
| 3 | Millerknoll | 1.56 Bn | 1.46 Bn | 395.60 Mn | 39.39% |
| 4 | La-Z-Boy | 1.31 Bn | 1.06 Bn | 208.66 Mn | 43.87% |
| 5 | MasterBrand | 1.31 Bn | 1.07 Bn | 205.50 Mn | 25.21% |
| 6 | Arhaus | 1.24 Bn | 1.01 Bn | 172.07 Mn | 44.71% |
| 7 | Ethan Allen Interiors | 566.80 Mn | 362.23 Mn | 92.62 Mn | 63.11% |
| 8 | XMax | 553.09 Mn | 517.36 Mn | 1.09 Mn | 39.84% |
| 9 | Flexsteel Industries | 337.43 Mn | 320.75 Mn | 34.62 Mn | 30.01% |
| 10 | Lovesac | 244.32 Mn | 187.32 Mn | 71.97 Mn | 52.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.01% |
| Mar 31, 2026 | 22.62% |
| Dec 31, 2025 | 22.68% |
| Sep 30, 2025 | 23.49% |
| Jun 30, 2025 | 23.94% |
| Mar 31, 2025 | 22.23% |
| Dec 31, 2024 | 21.02% |
| Sep 30, 2024 | 21.51% |
| Jun 30, 2024 | 21.27% |
| Mar 31, 2024 | 21.75% |
| Dec 31, 2023 | 21.93% |
| Sep 30, 2023 | 19.46% |
| Jun 30, 2023 | 19.95% |
| Mar 31, 2023 | 18.82% |
| Dec 31, 2022 | 17.01% |
| Sep 30, 2022 | 16.04% |
| Jun 30, 2022 | 14.19% |
| Mar 31, 2022 | 15.72% |
| Dec 31, 2021 | 6.72% |
| Sep 30, 2021 | 17.00% |