HNI CORP

HNI · XNYS

CIK 48287fmd_0DDEBJK6MFH4ZBMR5BXZA6AF5EManufacturing · Office Furniture (No Wood)Template: Standard

Coverage: Dec 31, 2006 to Oct 03, 2026, 73 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,203	2,176	2,258	2,247	1,955	2,184	2,362	2,434	2,526	2,839
Cost of revenue	1,368	1,392	1,423	1,413	1,234	1,427	1,527	1,486	1,493	1,663
Gross profit	835	784	835	834	721	757	835	948	1,033	1,176
Research and development	28	32	33	35	35	39	48	47	54	57
Selling, general and administrative	668	672	691	680	621	666	723	772	821	937
Impairment of real estate	–	–	–	–	–	–	–	–	–	–
Operating income	134	77	128	151	61	85	155	90	207	126
Interest expense	5	6	9	9	7	7	–	–	–	–
Interest and investment income	0	0	1	–	–	–	–	–	–	–
Other non-operating income (expense)	–	–	–	–	–	–	–	0	0	0
Income before taxes	129	71	119	143	54	78	146	65	179	91
Income tax expense	43	(19)	25	32	13	19	23	16	40	37
Net income from continuing operations	86	90	93	111	42	60	124	49	140	54
Net income	86	90	93	111	42	60	124	49	140	54