Flexsteel Industries (FLXS) Gross Margin (2010 - 2026)
Flexsteel Industries recorded quarterly Gross Margin of 22.62% in Q1 2026, little changed quarter-over-quarter from 22.68% in Q4 2025, and up 39.0% year-over-year from 16.28% in Q1 2025.
Flexsteel Industries' Gross Margin history runs 17 years deep, the most recent figure standing at 22.62% for Q1 2026.
- In Q1 2026, Gross Margin rose 39.0% year-over-year to 22.62%; the TTM figure through Mar 2026 stood at 23.18% (up 166.0% YoY), while the FY2025 annual figure was 22.21%, up 107.0% from the prior year.
- Gross Margin came in at 22.62% for Q1 2026 at Flexsteel Industries, roughly flat 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.
- On a YoY basis, Gross Margin climbed as much as 1028 bps in 2022 and fell as far as 520 bps in 2022.
- Flexsteel Industries' Gross Margin stood at 17.01% in 2022, then climbed by 29 bps to 21.93% in 2023, then retreated by 4 bps to 21.02% in 2024, then gained by 8 bps to 22.68% in 2025, then declined by 0 bps to 22.62% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 22.62%, 22.68%, and 23.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.84 Bn | 15.84 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.07 Bn | 13.96 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.29 Bn | 5.42 Bn | 641.90 Mn | 23.52% |
| 4 | Patrick Industries | 2.95 Bn | 2.92 Bn | 226.86 Mn | 22.75% |
| 5 | Whirlpool | 2.54 Bn | 1.91 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.20 Bn | 2.12 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.67 Bn | 1.61 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.51 Bn | 1.21 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.39 Bn | 881.61 Mn | 170.70 Mn | 18.59% |
| 10 | Flexsteel Industries | 299.77 Mn | 242.48 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% |
| Mar 31, 2021 | 19.53% |
| Dec 31, 2020 | 20.47% |
| Sep 30, 2020 | 21.68% |
| Jun 30, 2020 | 9.16% |
| Mar 31, 2020 | 14.01% |
| Dec 31, 2019 | 15.59% |
| Sep 30, 2019 | 17.16% |
| Jun 30, 2019 | 5.34% |
| Mar 31, 2019 | 19.12% |
| Dec 31, 2018 | 18.14% |
| Sep 30, 2018 | 19.20% |
| Jun 30, 2018 | 15.07% |
| Mar 31, 2018 | 21.78% |
| Dec 31, 2017 | 21.18% |
| Sep 30, 2017 | 21.81% |
| Jun 30, 2017 | 22.84% |
| Mar 31, 2017 | 23.56% |
| Dec 31, 2016 | 22.57% |
| Sep 30, 2016 | 23.77% |
| Jun 30, 2016 | 23.97% |
| Mar 31, 2016 | 22.90% |
| Dec 31, 2015 | 22.07% |
| Sep 30, 2015 | 22.03% |
| Jun 30, 2015 | 22.73% |
| Mar 31, 2015 | 24.21% |
| Dec 31, 2014 | 23.69% |
| Sep 30, 2014 | 23.48% |
| Jun 30, 2014 | 22.96% |
| Mar 31, 2014 | 22.66% |
| Dec 31, 2013 | 23.16% |
| Sep 30, 2013 | 22.66% |
| Jun 30, 2013 | 23.31% |
| Mar 31, 2013 | 23.22% |
| Dec 31, 2012 | 24.05% |
| Sep 30, 2012 | 23.13% |
| Jun 30, 2012 | 25.29% |
| Mar 31, 2012 | 24.12% |
| Dec 31, 2011 | 24.07% |
| Sep 30, 2011 | 23.26% |
| Jun 30, 2011 | 24.54% |
| Mar 31, 2011 | 21.38% |
| Dec 31, 2010 | 22.73% |
| Sep 30, 2010 | 22.48% |