Flexsteel Industries (FLXS) Gross Margin (2010 - 2026)
Flexsteel Industries (FLXS) reported Gross Margin of 22.62% for Q1 2026, up 39.0% on a YoY basis from 16.28% in Q1 2025, and little changed sequentially from 22.68% in Q4 2025.
Flexsteel Industries (FLXS) Gross Margin (2010 - 2026) Analysis & Trends
Flexsteel Industries (FLXS) has 17 years of Gross Margin data on file, last reported at 22.62% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 39.0% year-over-year to 22.62%; the trailing twelve-month figure through Mar 2026 stood at 23.18% (up 166.0% YoY), and the FY2025 full-year result was 22.21%, up 107.0% from the prior year.
- Gross Margin held at 22.62% in Q1 2026, from 22.68% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 23.94% in Q2 2025 to a low of 14.19% in Q2 2022.
- A 5-year average of 20.21% and a median of 21.27% in 2024 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 1028 bps in 2022, while the deepest fall reached 520 bps in 2022.
- Tracing FLXS's Gross Margin over 5 years: stood at 17.01% in 2022, then gained by 29 bps to 21.93% in 2023, then declined by 4 bps to 21.02% in 2024, then increased by 8 bps to 22.68% in 2025, then slipped by 0 bps to 22.62% in 2026.
- Business Quant data shows FLXS's Gross Margin at 22.62% in Q1 2026, 22.68% in Q4 2025, and 23.49% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 36.82% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 37.10% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 12.68% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 46.07% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 39.39% |
| 10 | Flexsteel Industries | 402.19 Mn | 344.91 Mn | 26.05 Mn | 22.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 19.40% |