Hni (HNI) Gross Margin (2009 - 2026)
Hni's (HNI) quarterly Gross Margin came in at 43.96% in Q3 2026, up 105.0% year-over-year from 21.44% in Q3 2025, and up 18.48% quarter-over-quarter from 37.1% in Q2 2026.
Analysis
Hni (HNI) Gross Margin (2009 - 2026) Analysis & Trends
Hni (HNI) has reported Gross Margin for 18 consecutive years, with 43.96% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Gross Margin rose 105.0% year-over-year to 43.96% in Q3 2026; TTM through Jul 2026 was 40.95%, a 25.0% decrease from a year earlier, with the FY2026 full-year figure at 41.43%, up 52.0% from the prior year.
- Gross Margin was 43.96% for Q3 2026 at Hni, up from 37.1% in the prior quarter.
- Over five years, Gross Margin peaked at 43.96% in Q3 2026 and troughed at 30.96% in Q1 2022.
- A 5-year average of 38.82% and a median of 39.75% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 559 bps in 2022, down 275 bps in 2022.
- Over 5 years, Gross Margin stood at 36.54% in 2022, then climbed by 10 bps to 40.17% in 2023, then advanced by 1 bps to 40.53% in 2024, then rose by 4 bps to 42.13% in 2025, then climbed by 4 bps to 43.96% in 2026.
- The last three Gross Margin figures came in at 43.96% (Q3 2026), 37.1% (Q2 2026), and 40.92% (Q1 2026), per Business Quant data.
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 43.96% |
| Apr 4, 2026 | 37.10% |
| Jan 3, 2026 | 40.92% |
| Sep 27, 2025 | 42.13% |
| Jun 28, 2025 | 42.90% |
| Mar 29, 2025 | 39.75% |
| Dec 28, 2024 | 40.53% |
| Sep 28, 2024 | 41.48% |
| Jun 29, 2024 | 41.90% |
| Mar 30, 2024 | 39.59% |
| Dec 30, 2023 | 40.17% |
| Sep 30, 2023 | 40.09% |
| Jul 1, 2023 | 38.24% |
| Apr 1, 2023 | 36.38% |
| Dec 31, 2022 | 36.54% |
| Oct 1, 2022 | 34.99% |
| Jul 2, 2022 | 35.48% |
| Apr 2, 2022 | 34.41% |
| Jan 1, 2022 | 30.96% |
| Oct 2, 2021 | 33.30% |