Flexsteel Industries FLXS
NASDAQ FLXS
$83.13 -1.07 (-1.27%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%