Flexsteel Industries Inc (FLXS)

Name: Flexsteel Industries Inc Financial Statements
Creator: Quarter Results

Consumer Cyclical | Furnishings Fixtures Appliances

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$118M

Net Income

$6.6M

Operating Margin

7.6%

Free Cash Flow

$33.7M

Debt / Assets

40.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Flexsteel Industries Inc (FLXS).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	118,249,000	110,439,000	113,972,000	108,483,000
Cost of Revenue	91,425,000	84,493,000	88,636,000	85,678,000
Gross Profit	26,824,000	25,946,000	25,336,000	22,805,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	17,827,000	16,959,000	17,070,000	16,142,000
Operating Expenses	17,827,000	16,959,000	30,396,000	11,151,000
Operating Income	8,997,000	8,987,000	-5,060,000	11,654,000
Interest Expense	0	0	0	19,000
Income Before Tax	9,350,000	9,378,000	-4,958,000	11,666,000
Income Tax Expense	2,706,000	2,051,000	-1,216,000	2,612,000
Net Income	6,644,000	7,327,000	-3,742,000	9,054,000
Per Share
EPS	1.24	1.38	-0.71	1.73
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Flexsteel Industries Inc (FLXS).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	441,073,000	412,752,000	393,692,000	544,282,000	478,925,000
Cost of Revenue	343,129,000	325,508,000	322,745,000	471,602,000	382,195,000
Gross Profit	97,944,000	87,244,000	70,947,000	72,680,000	96,730,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	66,696,000	70,444,000	62,846,000	66,733,000	67,977,000
Operating Expenses	71,329,000	70,444,000	63,193,000	66,733,000	67,977,000
Operating Income	26,615,000	17,080,000	10,542,000	6,617,000	31,200,000
Interest Expense	70,000	1,550,000	1,341,000	835,000	10,000
Income Before Tax	26,966,000	15,550,000	9,219,000	5,903,000	31,467,000
Income Tax Expense	6,812,000	5,022,000	-5,559,000	4,050,000	8,419,000
Net Income	20,154,000	10,528,000	14,778,000	1,853,000	23,048,000
Per Share
EPS	3.84	2.04	2.83	0.29	3.20
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Flexsteel Industries Inc (FLXS).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	40,006,000	4,761,000	3,365,000	2,184,000
Short Term Investments	0	0	0	0
Net Receivables	35,229,000	44,238,000	38,168,000	41,106,000
Inventory	89,135,000	96,577,000	122,076,000	141,212,000
Total Current Assets	172,372,000	155,381,000	170,642,000	190,068,000
Property Plant Equipment	77,757,000	98,148,000	106,946,000	76,732,000
Goodwill and Intangibles	0	0	0	0
Total Assets	282,486,000	274,462,000	290,550,000	268,741,000
Liabilities
Account Payables	25,617,000	25,830,000	24,745,000	32,147,000
Short Term Debt	7,809,000	7,517,000	7,179,000	6,361,000
Total Current Liabilities	62,014,000	60,406,000	55,105,000	64,627,000
Long Term Debt	51,561,000	62,898,000	28,273,000	37,739,000
Total Liabilities	114,624,000	124,095,000	148,929,000	137,181,000
Shareholders Equity
Retained Earnings	190,435,000	174,118,000	166,796,000	155,275,000
Total Shareholders Equity	167,862,000	150,367,000	141,621,000	131,560,000

Balance sheet annual history for Flexsteel Industries Inc (FLXS).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	40,006,000	4,761,000	3,365,000	2,184,000	1,342,000
Short Term Investments	0	0	0	0	0
Net Receivables	35,229,000	44,238,000	38,168,000	41,106,000	55,986,000
Inventory	89,135,000	96,577,000	122,076,000	141,212,000	161,125,000
Total Current Assets	172,372,000	155,381,000	170,642,000	190,068,000	228,540,000
Property Plant Equipment	77,757,000	98,148,000	106,946,000	76,732,000	66,840,000
Goodwill and Intangibles	0	0	0	0	0
Total Assets	282,486,000	274,462,000	290,550,000	268,741,000	296,779,000
Liabilities
Account Payables	25,617,000	25,830,000	24,745,000	32,147,000	67,773,000
Short Term Debt	7,809,000	7,517,000	7,179,000	6,361,000	5,833,000
Total Current Liabilities	62,014,000	60,406,000	55,105,000	64,627,000	99,751,000
Long Term Debt	51,561,000	62,898,000	28,273,000	37,739,000	27,817,000
Total Liabilities	114,624,000	124,095,000	148,929,000	137,181,000	128,811,000
Shareholders Equity
Retained Earnings	190,435,000	174,118,000	166,796,000	155,275,000	157,140,000
Total Shareholders Equity	167,862,000	150,367,000	141,621,000	131,560,000	167,968,000

Cash flow quarterly history for Flexsteel Industries Inc (FLXS).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	20,154,000	10,528,000	14,778,000	1,853,000
Depreciation & Amortization	3,654,000	3,997,000	4,572,000	5,171,000
Stock Based Compensation	3,869,000	4,647,000	3,191,000	1,020,000
Change in Working Capital	8,750,000	17,164,000	8,295,000	1,991,000
Operating Cash Flow	36,979,000	31,883,000	22,989,000	7,993,000
Investing Activities
Capital Expenditure	-3,258,000	-4,772,000	-4,790,000	-3,853,000
Investments	-3,258,000	-4,772,000	-4,790,000	-3,853,000
Investing Cash Flow	9,432,000	-593,000	-4,450,000	-1,916,000
Financing Activities
Debt Repayment	-4,918,000	-23,452,000	-373,271,000	-230,854,000
Common Stock Issued/Repurchased	141,000	-1,571,000	360,105,000	-34,935,000
Dividends Paid	-3,556,000	-3,219,000	-3,241,000	-3,911,000
Financing Cash Flow	-11,166,000	-29,894,000	-17,358,000	-5,235,000
Summary
Free Cash Flow	33,721,000	27,111,000	18,199,000	4,140,000
Net Change in Cash	35,245,000	1,396,000	1,181,000	842,000

Cash flow annual history for Flexsteel Industries Inc (FLXS).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	20,154,000	10,528,000	14,778,000	1,853,000	23,048,000
Depreciation & Amortization	3,654,000	3,997,000	4,572,000	5,171,000	5,210,000
Stock Based Compensation	3,869,000	4,647,000	3,191,000	1,020,000	3,738,000
Change in Working Capital	8,750,000	17,164,000	8,295,000	1,991,000	-62,084,000
Operating Cash Flow	36,979,000	31,883,000	22,989,000	7,993,000	-32,692,000
Investing Activities
Capital Expenditure	-3,258,000	-4,772,000	-4,790,000	-3,853,000	-2,580,000
Investments	-3,258,000	-4,772,000	-4,790,000	-3,853,000	0
Investing Cash Flow	9,432,000	-593,000	-4,450,000	-1,916,000	16,062,000
Financing Activities
Debt Repayment	-4,918,000	-23,452,000	-373,271,000	-230,854,000	-5,000,000
Common Stock Issued/Repurchased	141,000	-1,571,000	360,105,000	-34,935,000	-29,663,000
Dividends Paid	-3,556,000	-3,219,000	-3,241,000	-3,911,000	-2,622,000
Financing Cash Flow	-11,166,000	-29,894,000	-17,358,000	-5,235,000	-30,225,000
Summary
Free Cash Flow	33,721,000	27,111,000	18,199,000	4,140,000	-35,272,000
Net Change in Cash	35,245,000	1,396,000	1,181,000	842,000	-46,855,000