---
title: "CULP INC FY 2026: Revenue $203.5M, EPS $(0.81) — 10-K Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293053521.md"
description: "Culp Inc reported FY2026 revenue of $203.5M, a 4.6% decline, and a net loss of $10.2M, improving from the prior year's $19.1M loss. Diluted EPS improved to $(0.81) from $(1.53). Bedding sales grew 2.4%, while upholstery fell 12.5%. Gross margin rose 60 basis points to 12.4%, and operating losses narrowed due to lower restructuring costs. The company integrated operations onto a single platform, closed a Canadian facility, and shifted capacity to North Carolina."
datetime: "2026-07-17T14:55:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293053521.md)
  - [en](https://longbridge.com/en/news/293053521.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293053521.md)
generator: "portal-rs"
---

# CULP INC FY 2026: Revenue $203.5M, EPS $(0.81) — 10-K Summary

Culp Inc reported fiscal 2026 revenue of $203.5M and a net loss of $10.2M, with diluted EPS of $(0.81), an improvement versus a $19.1M loss and $(1.53) per share in FY 2025.

**Financial Highlights**

-   Revenue was $203.5M, compared with $213.2M in the prior year; YoY change (4.6%).
-   Net income was Net loss $10.2M, compared with Net loss $19.1M in the prior year; YoY change Improvement (46.5%).
-   Diluted EPS was $(0.81), compared with $(1.53) in the prior year; YoY change Improved.

**Business Highlights**

-   Consolidated sales declined 4.6% year over year; the bedding segment grew 2.4% with strength in the fourth quarter while upholstery sales fell 12.5% amid a soft home market.
-   Gross margin improved about 60 basis points to 12.4%, and the operating loss narrowed materially, largely due to lower restructuring costs.
-   Company completed a strategic transformation to integrate bedding and upholstery operations onto a single Culp platform.
-   Operational changes included closing a Canada facility and selling a Quebec property, shifting capacity to Stokesdale, N.C., and moving weaving to strategic sourcing partners.
-   Management emphasized U.S. manufacturing combined with global sourcing; bedding benefited from program gains while upholstery was pressured by housing market softness.

Original SEC Filing: CULP INC \[ CULP \] - 10-K - Jul. 17, 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.**