Hni HNI
NYSE HNI
$47.25 -0.98 (-2.03%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%