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| 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% |