Every 10-Q that Flexsteel Industries (FLXS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FLXS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FLXS filings page.
Flexsteel Industries posted stronger results for the quarter and nine months ended March 31, 2026. Quarterly net sales were $115.1 million, slightly above last year, with gross margin improving to 22.6%. Diluted EPS turned to a profit of $1.14 from a loss of $(0.71) a year ago.
For the nine-month period, net sales rose to $343.8 million and net income more than doubled to $20.4 million, or $3.63 per diluted share, helped by a richer mix of higher-margin products. Operating cash flow reached $27.2 million, cash increased to $57.3 million, and there were no outstanding borrowings on the $55 million credit facility.
Flexsteel Industries, Inc. reported higher sales but mixed profit trends for the quarter ended December 31, 2025. Net sales rose to $118.2 million from $108.5 million, driven by higher unit volume in sourced soft seating and pricing from tariff surcharges, partly offset by lower volume in made-to-order and homestyles products.
Quarterly gross margin improved to 22.7% from 21.0% as the sales mix shifted toward higher-margin items, though tariffs remained a headwind. Despite this, net income declined to $6.6 million (diluted EPS $1.18) from $9.1 million ($1.62), mainly because the prior-year period included a sizable gain on the sale of the Dublin, Georgia facility.
For the first six months, net sales increased to $228.7 million from $212.5 million and net income edged up to $14.0 million (diluted EPS $2.49) from $13.2 million ($2.38). Flexsteel ended the period with $36.8 million in cash, no borrowings on its $55 million revolving credit line, and working capital of $126.0 million, highlighting a solid liquidity position.
Flexsteel Industries (FLXS) reported stronger quarterly results. Net sales were $110.4 million, up 6.2% year over year, while gross margin improved to 23.5% from 21.5%. Operating income rose to $9.0 million from $6.0 million, and net income increased to $7.3 million, or $1.31 per diluted share, compared with $0.74 a year ago.
Backlog reached $67 million, up 9.8%. Cash and cash equivalents were $38.6 million, and the company had no borrowings on its revolving credit facility. The credit agreement’s maximum revolver was reduced to $55 million in June to align with projected needs. Flexsteel paid a $0.20 per-share dividend and repurchased 31,026 shares for $1.13 million during the quarter. Shares outstanding were 5,340,446 as of October 22, 2025.