---
title: "HNI 10-K: Revenue $2,839.0M, EPS $1.11 on 2025 results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277631415.md"
description: "HNI reported 2025 results with consolidated net sales of $2,839.0 million, a 12.4% increase, and net income per diluted share of $1.11, down from $2.88. Gross profit was $1,176.1 million with a 41.4% margin. Operating income was $126.0 million, impacted by $94.6 million in acquisition-related costs. The Steelcase acquisition contributed $187.5 million in sales. HNI also completed strategic actions including the Steelcase acquisition and divestment of HNI India to focus on core priorities."
datetime: "2026-03-03T13:35:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277631415.md)
  - [en](https://longbridge.com/en/news/277631415.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277631415.md)
generator: "portal-rs"
---

# HNI 10-K: Revenue $2,839.0M, EPS $1.11 on 2025 results

HNI reported consolidated net sales of $2,839.0 million for the year, a 12.4% increase driven by acquisition activity and underlying volume and price improvements, and delivered net income per diluted share of $1.11 (down from $2.88) after recording acquisition, restructuring and impairment impacts. Gross profit was $1,176.1 million with a 41.4% margin while operating income was $126.0 million, pressured by $94.6 million of acquisition-related costs and restructuring charges. Net income attributable to HNI totaled $54.2 million for the period.

**Financial Highlights**

-   **Net sales:** $2,839.0 million, up 12.4% year-over-year.
-   **Gross profit:** $1,176.1 million; gross margin 41.4% (up 50 basis points).
-   **Operating income:** $126.0 million; operating margin 4.4% (down 380 basis points) reflecting acquisition and restructuring costs.
-   **Net income attributable to HNI:** $54.2 million (down from $139.5 million prior year), inclusive of acquisition and impairment charges.
-   **Net income per diluted share:** $1.11, compared with $2.88 in the prior year.

**Business Highlights**

-   **Revenue mix and growth drivers:** Consolidated net sales growth was led by a 14.6% increase in workplace and 5.7% growth in residential; the Steelcase acquisition contributed $187.5 million in sales.
-   **Channel and brand expansion:** Workplace Furnishings expanded across multiple channels while integrating the Steelcase business and leveraging established brands to broaden customer reach.
-   **Operational efficiency gains:** Improved net productivity and increased utilization at the Mexico facility supported margin expansion despite the drag from acquisition-related costs.
-   **Strategic actions:** Completed the Steelcase acquisition, captured synergies from the Kimball integration, and divested HNI India to focus on core strategic priorities.

Original SEC Filing: HNI CORP \[ HNI \] - 10-K - Mar. 03, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**