Hni (HNI) Gross Margin (2009 - 2026)

Hni's (HNI) quarterly Gross Margin came in at 37.1% in Q2 2026, down 265.0% year-on-year from 22.48% in Q2 2025, and down 9.33% on a QoQ basis from 40.92% in Q1 2026.

Hni (HNI) Gross Margin (2009 - 2026) Analysis & Trends

Hni (HNI) has 18 years of Gross Margin data on file, last reported at 37.1% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 265.0% year-over-year to 37.1% in Q2 2026; TTM through Apr 2026 was 40.08%, a 85.0% decrease from a year earlier, with the FY2026 full-year figure at 41.43%, up 52.0% from the prior year.
  • Gross Margin for Q2 2026 stood at 37.1%, down from 40.92% in the prior quarter.
  • Over the last five years, Gross Margin for HNI reached as high as 42.9% in Q2 2025 and fell as low as 30.96% in Q1 2022.
  • Historically, Gross Margin has averaged 38.53% across 5 years, with a median of 39.67% in 2024.
  • On a YoY basis, Gross Margin climbed as much as 559 bps in 2022 and fell as far as 275 bps in 2022.
  • Year by year, Gross Margin stood at 36.54% in 2022, then gained by 10 bps to 40.17% in 2023, then climbed by 1 bps to 40.53% in 2024, then grew by 4 bps to 42.13% in 2025, then declined by 12 bps to 37.1% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 37.1% in Q2 2026, 40.92% in Q1 2026, and 42.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn 49.19%
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn 43.13%
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn 23.52%
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn 36.82%
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn 37.10%
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn 12.68%
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn 38.28%
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn 46.07%
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn 39.39%
10 Leggett & Platt 1.45 Bn 936.18 Mn 170.70 Mn 18.59%

Historic Data

Download Data
DateValue
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%
Jul 3, 2021 36.81%