Flexsteel Industries (FLXS) Tax Provisions (2010 - 2026)
Flexsteel Industries (FLXS) reported Tax Provisions of $2.1 million for Q1 2026, up 275.82% on a YoY basis from $568885.8 in Q1 2025, and down 20.99% sequentially from $2.7 million in Q4 2025.
Flexsteel Industries (FLXS) Tax Provisions (2010 - 2026) Analysis & Trends
Flexsteel Industries (FLXS) has 17 years of Tax Provisions data on file, last reported at $2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 275.82% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $6.4 million (up 11.56% YoY), and the FY2025 full-year result was $2.8 million, down 44.21% from the prior year.
- Tax Provisions slipped to $2.1 million in Q1 2026, from $2.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $3.6 million in Q2 2022 to a low of -$6.4 million in Q2 2023.
- A 5-year average of $770882.4 and a median of $857000.0 in 2024 frame the typical range for Tax Provisions.
- Peak annual rise in Tax Provisions reached 423.91% in 2023, while the deepest fall reached 276.28% in 2023.
- Tracing FLXS's Tax Provisions over 5 years: stood at $594000.0 in 2022, then surged by 75.76% to $1.0 million in 2023, then jumped by 150.19% to $2.6 million in 2024, then rose by 3.6% to $2.7 million in 2025, then decreased by 20.99% to $2.1 million in 2026.
- Business Quant data shows FLXS's Tax Provisions at $2.1 million in Q1 2026, $2.7 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 26.10 Mn |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 33.40 Mn |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | -8.90 Mn |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 15.47 Mn |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | -16.80 Mn |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 14.00 Mn |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 5.30 Mn |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 9.28 Mn |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 11.90 Mn |
| 10 | Flexsteel Industries | 402.19 Mn | 344.91 Mn | 26.05 Mn | 2.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.14 Mn |
| Dec 31, 2025 | 2.71 Mn |
| Sep 30, 2025 | 2.05 Mn |
| Jun 30, 2025 | -450,000.00 |
| Mar 31, 2025 | -1.22 Mn |
| Dec 31, 2024 | 2.61 Mn |
| Sep 30, 2024 | 1.86 Mn |
| Jun 30, 2024 | 2.53 Mn |
| Mar 31, 2024 | 857,000.00 |
| Dec 31, 2023 | 1.04 Mn |
| Sep 30, 2023 | 596,000.00 |
| Jun 30, 2023 | -6.36 Mn |
| Mar 31, 2023 | 393,000.00 |
| Dec 31, 2022 | 594,000.00 |
| Sep 30, 2022 | -184,000.00 |
| Jun 30, 2022 | 3.61 Mn |
| Mar 31, 2022 | 336,000.00 |
| Dec 31, 2021 | -1.21 Mn |
| Sep 30, 2021 | 1.32 Mn |
| Jun 30, 2021 | 1.26 Mn |