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| 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 | 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% |