Hni (HNI) Gross Margin (2009 - 2026)
Hni (HNI) reported Gross Margin of 37.1% for Q2 2026, down 265.0% year-over-year from 22.48% in Q2 2025, and down 9.33% quarter-over-quarter 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.
- Gross Margin for Q2 2026 came in at 37.1%, down 265.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 40.08% (down 85.0% YoY), and the FY2026 annual result was 41.43%, up 52.0% from the prior year.
- Gross Margin retreated to 37.1% in Q2 2026 per HNI's latest filing, from 40.92% in the prior quarter.
- Over five years, Gross Margin peaked at 384.82% in Q3 2023 and troughed at 30.96% in Q1 2022.
- A 5-year average of 57.79% and a median of 39.92% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 34934 bps in 2023, then slumped 34293 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 36.54% in 2022, then grew by 10 bps to 40.17% in 2023, then climbed by 1 bps to 40.53% in 2024, then gained by 4 bps to 42.13% in 2025, then decreased by 12 bps to 37.1% in 2026.
- Business Quant data shows HNI's Gross Margin at 37.1% in Q2 2026, 40.92% in Q1 2026, and 42.13% in Q3 2025.
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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 | MasterBrand | 1.13 Bn | 994.44 Mn | 156.60 Mn | 25.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 384.82% |
| 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% |