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% on a QoQ basis from 40.92% in Q1 2026.
Hni (HNI) has 18 years of Gross Margin data on file, last reported at 37.1% in Q2 2026.
- Quarterly Gross Margin fell 265.0% year-over-year to 37.1% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 40.08% (down 85.0% YoY) and the FY2026 annual result came in at 41.43%, up 52.0% from the prior year.
- Gross Margin slipped to 37.1% in Q2 2026 per HNI's latest filing, from 40.92% in the prior quarter.
- Across five years, Gross Margin topped out at 384.82% in Q3 2023 and bottomed at 30.96% in Q1 2022.
- The 5-year median for Gross Margin is 39.92% (2025), against an average of 57.79%.
- The widest annual swing landed in 2023, when Gross Margin soared 34934 bps; it then plunged 34293 bps in 2024.
- Tracing HNI's Gross Margin over 5 years: stood at 36.54% in 2022, then advanced by 10 bps to 40.17% in 2023, then gained by 1 bps to 40.53% in 2024, then increased by 4 bps to 42.13% in 2025, then fell by 12 bps to 37.1% in 2026.
- Per Business Quant, the three latest HNI Gross Margin figures stand at 37.1% (Q2 2026), 40.92% (Q1 2026), and 42.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.84 Bn | 15.84 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.07 Bn | 13.96 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.29 Bn | 5.42 Bn | 641.90 Mn | 23.52% |
| 4 | Patrick Industries | 2.95 Bn | 2.92 Bn | 226.86 Mn | 22.75% |
| 5 | Whirlpool | 2.54 Bn | 1.91 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.20 Bn | 2.12 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.67 Bn | 1.61 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.51 Bn | 1.21 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.39 Bn | 881.61 Mn | 170.70 Mn | 18.59% |
| 10 | Millerknoll | 1.06 Bn | 948.22 Mn | 352.90 Mn | 38.09% |
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% |
| Apr 3, 2021 | 37.16% |
| Sep 26, 2020 | 36.59% |
| Jun 27, 2020 | 36.15% |
| Mar 28, 2020 | 37.55% |
| Dec 28, 2019 | 37.96% |
| Sep 28, 2019 | 38.00% |
| Jun 29, 2019 | 36.61% |
| Mar 30, 2019 | 35.38% |
| Dec 29, 2018 | 37.44% |
| Sep 29, 2018 | 38.18% |
| Jun 30, 2018 | 36.95% |
| Mar 31, 2018 | 35.03% |
| Dec 30, 2017 | 34.96% |
| Sep 30, 2017 | 36.91% |
| Jul 1, 2017 | 35.91% |
| Apr 1, 2017 | 36.37% |
| Oct 1, 2016 | 37.90% |
| Jul 2, 2016 | 38.94% |
| Apr 2, 2016 | 37.07% |
| Jan 2, 2016 | 37.72% |
| Oct 3, 2015 | 37.61% |
| Jul 4, 2015 | 36.28% |
| Apr 4, 2015 | 35.25% |
| Jan 3, 2015 | 35.25% |
| Sep 27, 2014 | 35.78% |
| Jun 28, 2014 | 35.58% |
| Mar 29, 2014 | 34.31% |
| Dec 28, 2013 | 35.65% |
| Sep 28, 2013 | 35.33% |
| Jun 29, 2013 | 34.20% |
| Mar 30, 2013 | 33.41% |
| Dec 29, 2012 | 35.25% |
| Sep 29, 2012 | 34.73% |
| Jun 30, 2012 | 34.37% |
| Mar 31, 2012 | 32.98% |
| Dec 31, 2011 | 35.58% |
| Oct 1, 2011 | 35.58% |
| Jul 2, 2011 | 33.95% |
| Apr 2, 2011 | 34.01% |
| Jan 1, 2011 | 35.16% |
| Oct 2, 2010 | 35.13% |
| Jul 3, 2010 | 35.49% |
| Apr 3, 2010 | 32.79% |
| Jan 2, 2010 | 36.48% |
| Oct 3, 2009 | 36.90% |
| Jul 4, 2009 | 34.04% |
| Apr 4, 2009 | 30.91% |