Flexsteel Industries (FLXS) Gross Margin (2010 - 2026)

Flexsteel Industries' (FLXS) quarterly Gross Margin came in at 22.62% in Q1 2026, up 39.0% year-on-year from 16.28% in Q1 2025, and little changed quarter-over-quarter from 22.68% in Q4 2025.

Flexsteel Industries (FLXS) Gross Margin (2010 - 2026) Analysis & Trends

Flexsteel Industries has disclosed Gross Margin across 17 years of filings, most recently posting 22.62% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 22.62%, up 39.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.18% (up 166.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Gross Margin is 21.27% (2024), against an average of 20.21%.
  • Peak annual rise in Gross Margin reached 1028 bps in 2022, while the deepest fall reached 520 bps in 2022.
  • Flexsteel Industries' 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 dropped by 0 bps to 22.62% in 2026.
  • The last three Gross Margin figures came in at 22.62% (Q1 2026), 22.68% (Q4 2025), and 23.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 SharkNinja 18.88 Bn 18.88 Bn 694.97 Mn 49.19%
2 Somnigroup International 15.17 Bn 15.07 Bn 776.90 Mn 43.13%
3 Mohawk Industries 6.64 Bn 5.77 Bn 641.90 Mn 23.52%
4 Alliance Laundry Holdings 5.06 Bn 4.90 Bn 157.19 Mn 36.82%
5 Whirlpool 2.56 Bn 1.92 Bn 415.00 Mn 12.68%
6 Hni 2.43 Bn 2.35 Bn 499.90 Mn 37.10%
7 Interface 1.85 Bn 1.79 Bn 126.72 Mn 38.28%
8 La-Z-Boy 1.58 Bn 1.29 Bn 233.51 Mn 43.12%
9 Leggett & Platt 1.48 Bn 969.37 Mn 170.70 Mn 18.59%
10 Flexsteel Industries 334.31 Mn 277.03 Mn 26.05 Mn 22.62%

Historic Data

Download Data
DateValue
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%