Here are the 10-Q quarterly reports from Steelcase, Inc. (SCS) in our archive since June 2025, 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 SCS 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 SCS filings page.
Steelcase Inc. reported interim results and company actions in its Form 10-Q for Q2 2026. The filing discloses a planned merger with HNI Corporation announced August 3, 2025, under which Steelcase shareholders may receive a mixed consideration of 0.2192 shares of HNI plus $7.20 in cash, or an all-cash or all-stock alternative, subject to automatic election adjustments and customary closing conditions. The Merger Agreement includes termination fees of $67 million (Steelcase payable) and $71 million or $134 million (HNI payable, as applicable).
The company disclosed restructuring programs across regions: Americas, International and Asia Pacific with expected incremental costs of approximately $13–$15 million (EMEA), $6–$7 million (Asia Pacific) and $10–$12 million (Americas). Year-to-date restructuring costs recorded were $21.1 million. As of August 29, 2025, Steelcase reported $447.4 million of total consolidated debt, $426.8 million of total liquidity and short-term investments fair value of $41.1 million. The year-to-date effective tax rate was 31.5% versus 26.0% in the prior year period. The filing also notes conversion of Class B shares into Class A and continuation of defined non-GAAP metrics and disclosures.
Steelcase (NYSE:SCS) filed its Q1 FY2026 Form 10-Q for the quarter ended May 30 2025. Net sales rose 2.7% to $1.164 billion from $1.133 billion in the prior-year period, while operating margin expanded to 5.6% from 4.7%. Net income reached $113.3 million, up 6.6%. The filing details segment performance in the Americas and International regions, ongoing workforce reductions, and distribution-center closures aimed at lowering costs. Management cites steady demand for seating and storage products and expects restructuring benefits to accelerate in the second half of FY2026.
- Revenue +2.7% YoY to $1.164B
- Operating margin 5.6% (+90 bps)
- Net income $113.3M
- Restructuring actions underway in Americas & EMEA