STOCK TITAN

Interface (NASDAQ: TILE) delivers record 2025 results with higher margins and lower debt

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Interface, Inc. reported record 2025 results with net sales of $1.39 billion, up 5.4% year over year, and GAAP earnings per diluted share of $1.96, up 32.4%. Adjusted earnings per diluted share were $1.94, a 32.9% increase.

Adjusted gross profit margin improved to 39.0% from 37.1%, supported by favorable pricing, product mix, and manufacturing efficiencies. Adjusted EBITDA rose to $217.9 million, or 15.7% of net sales, while net debt fell to $110.3 million, bringing the net leverage ratio down to 0.5x.

In the fourth quarter, net sales reached $349.4 million, up 4.3%, with GAAP diluted EPS of $0.41 and adjusted diluted EPS of $0.49, up 44.1%. The company generated $167.9 million of operating cash in 2025, repaid $128 million of debt, repurchased $18.2 million of stock, and extended debt maturities to 2030.

Positive

  • Record profitability and strong growth: 2025 net sales rose 5.4% to $1.39 billion, adjusted diluted EPS increased 32.9% to $1.94, and adjusted EBITDA grew to $217.9 million with a 15.7% margin, indicating robust operating performance.
  • Significant deleveraging and balance sheet strength: Total debt declined from $302.8 million to $181.6 million, net debt fell 45.8% to $110.3 million, and the net leverage ratio improved to 0.5x adjusted EBITDA, enhancing financial flexibility.
  • Margin expansion despite cost pressures: Adjusted gross profit margin increased from 37.1% to 39.0%, supported by favorable pricing, mix, and efficiencies, while adjusted operating income rose 22.9% to $173.8 million.

Negative

  • None.

Insights

Interface posted strong growth, margin expansion, and rapid deleveraging in 2025.

Interface delivered 2025 net sales of $1.39 billion (+5.4%) with adjusted EBITDA of $217.9 million (15.7% margin). Adjusted diluted EPS increased 32.9% to $1.94, aided by higher gross margins at 39.0% and disciplined operating cost control.

Balance sheet quality improved meaningfully. Total debt dropped from $302.8 million to $181.6 million, while net debt fell 45.8% to $110.3 million. The net leverage ratio is now just 0.5x 2025 adjusted EBITDA, giving notable financial flexibility alongside ongoing dividends and share repurchases.

Management’s 2026 first‑quarter outlook calls for net sales of $315–325 million, adjusted gross margin of 38.0%, and adjusted SG&A of $94 million, including the benefit of a 53rd week. Subsequent filings and updates will show whether the "One Interface" strategy sustains mid‑single‑digit sales growth and high‑teens returns on invested capital.

0000715787false00007157872026-02-242026-02-24


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
                                   

FORM 8-K
                                   

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):  February 24, 2026
                                   

INTERFACE INC  
(Exact name of Registrant as Specified in its Charter)
Georgia 001-33994 58-1451243
(State or other Jurisdiction of Incorporation or Organization) (Commission File
Number)
 (IRS Employer
Identification No.)
1280 West Peachtree Street NWAtlantaGeorgia30309
(Address of principal executive offices)(Zip code)

Registrant’s telephone number, including area code:  (770) 437-6800
Not Applicable 
(Former name or former address, if changed since last report)
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, $0.10 Par Value Per ShareTILENasdaq Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company      
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨






Item 2.02     Results of Operations and Financial Condition

On February 24, 2026, Interface, Inc. (the “Company”) issued a press release reporting its financial results for the fourth quarter and full year of 2025 (the “Earnings Release”). A copy of the Earnings Release is included as Exhibit 99.1 hereto and hereby incorporated by reference. The information set forth in this Item 2.02, including the exhibit hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Non-GAAP Financial Measures in the Earnings Release

The Earnings Release includes, as additional information for investors, the Company’s adjusted earnings per share, adjusted net income, adjusted operating income ("AOI"), adjusted gross profit, adjusted gross profit margin, adjusted selling, general and administrative (“SG&A”) expenses, currency neutral sales and currency neutral sales growth, net debt, and adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”). These measures are not in accordance with financial measures calculated in accordance with generally accepted accounting principles in the United States (“GAAP”) and may be different from similarly titled non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be used as a substitute for, or considered superior to, GAAP financial measures.

Adjusted EPS, adjusted net income, and AOI exclude nora purchase accounting amortization, the cyber event impact, and restructuring, asset impairment, severance, and other, net. Adjusted EPS and adjusted net income also exclude the loss on debt extinguishment, a warehouse fire recovery, property casualty loss impact, the loss on foreign subsidiary liquidation, the UK pension surplus tax rate change, and deferred taxes - rate changes and other. Adjusted gross profit and adjusted gross profit margin exclude nora purchase accounting amortization. Adjusted SG&A expenses exclude restructuring, asset impairment, severance, and other, net and the cyber event impact.

Currency neutral sales and currency neutral sales growth exclude the impact of foreign currency fluctuations. Net debt is total debt less cash on hand. Adjusted EBITDA is GAAP net income excluding interest expense, income tax expense, depreciation and amortization, share-based compensation expense, cyber event impact, property casualty loss impact, restructuring, asset impairment, severance, and other, net, nora purchase accounting amortization, a warehouse recovery, and the loss on foreign subsidiary liquidation.

Because the Company engages in acquisitions only episodically, and not as an everyday matter, the Company believes presenting certain measures excluding the effects of acquisitions facilitates focus on normal ongoing operations. The Company also believes presenting sales information absent the effect of foreign currency exchange rate fluctuations facilitates comparison of the Company’s operational performance between periods.

The Company generally believes reporting its adjusted results helps investors’ understanding of historical operating trends, because it facilitates comparison of current and prior periods during which one or more unique events may have occurred. The Company also believes that adjusted results provide supplemental information for comparisons to other companies which may not have experienced the same events underlying the adjustments. Furthermore, the Company uses adjusted results internally as supplemental information to evaluate its own performance, for planning purposes and in connection with its compensation programs.












Item 7.01     Regulation FD Disclosure

Management of Interface, Inc. (the “Company”) has updated the slide presentation which may be used in whole or in part in meetings with and presentations to investors and potential investors. A copy of the slide presentation is attached as Exhibit 99.2.

The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.


Item 9.01     Financial Statements and Exhibits

(d) Exhibits.
Exhibit No.Description
99.1
Press Release of Interface, Inc., dated February 24, 2026, reporting its financial results for the fourth quarter and full year of 2025 (furnished pursuant to Item 2.02 of this Report).
99.2
Interface Inc. slide presentation dated February 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)





































SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 INTERFACE, INC.
  
  
By:     
  /s/ Bruce A. Hausmann      
 Bruce A. Hausmann
 Chief Financial Officer
Date:  February 24, 2026 












FOR IMMEDIATE RELEASE            
image.jpg
Media Contact:
Christine Needles
Global Corporate Communications
Christine.Needles@interface.com
+1 404-491-4660
Investor Contact:
Bruce Hausmann
Chief Financial Officer
Bruce.Hausmann@interface.com
+1 770-437-6802

Interface Reports Fourth Quarter and Full Year 2025 Results

Delivered record 2025 sales and profitability as One Interface strategy accelerates growth

ATLANTA – February 24, 2026 – Interface, Inc. (Nasdaq: TILE), the global flooring and sustainability leader, today announced results for the fourth quarter and full fiscal year ended December 28, 2025.

Fourth quarter highlights (all comparisons are year-over-year):

Net sales totaled $349 million, up 4.3% and 1.6% on a currency-neutral basis.
GAAP earnings per diluted share of $0.41; Adjusted earnings per diluted share of $0.49.
Generated $49 million of cash from operations, repaid $128 million of debt and repurchased $13 million of common stock.

Fiscal Year highlights (all comparisons are year-over-year):

Net sales totaled $1,387 million, up 5.4% and 4.3% on a currency-neutral basis.
Gross profit margin of 38.7%; Adjusted gross profit margin of 39.0%.
GAAP earnings per diluted share of $1.96; Adjusted earnings per diluted share of $1.94.

“We delivered record results in 2025 as our team executed well in a dynamic macro environment. Currency-neutral net sales increased 4% year over year, driven by growth across all regions, all product categories, and key market segments. Adjusted gross profit margin expanded to 39%, reflecting favorable pricing and mix, as well as manufacturing efficiencies,” commented Laurel Hurd, CEO of Interface.

“Our One Interface strategy continues to fuel growth as we strengthen global capabilities, improve commercial productivity, and simplify and optimize our operations. Performance was particularly strong in Healthcare and Education, with global billings up 21% and 8% respectively for the year, while we continued to gain share in Corporate Office,” continued Hurd.

“We are proud of the progress our teams made throughout 2025. While macro conditions remain uncertain, we enter 2026 with confidence as we execute our One Interface strategy. We remain focused on expanding our addressable market through new designs and innovation, while allocating capital in a disciplined manner to drive enhanced shareholder value that reinforces our leadership in design, performance and sustainability,” concluded Hurd.

“Our 2025 performance delivered strong earnings growth. Adjusted earnings per diluted share increased 33% year over year, underscoring the benefits of our ongoing operational discipline, consistent execution, and the high quality of our earnings. Strong cash generation further strengthened our balance sheet, enabling us to repay debt, extend remaining debt maturities to 2030, increase our quarterly dividend, and repurchase shares while we continued to invest in the business,” added Bruce Hausmann, CFO of Interface.

1








Consolidated Results Summary (Unaudited)Three Months EndedTwelve Months Ended
(in millions, except percentages and per share data)12/28/202512/29/2024Change12/28/202512/29/2024Change
GAAP
Net Sales$349.4 $335.0 4.3 %$1,386.9 $1,315.7 5.4 %
Gross Profit Margin % of Net Sales38.6 %36.5 %208 bps38.7 %36.7 %204 bps
SG&A Expenses$99.4 $92.7 7.3 %$373.4 $348.5 7.1 %
SG&A Expenses % of Net Sales28.5 %27.7 %80 bps26.9 %26.5 %43 bps
Operating Income$35.4 $29.6 19.3 %$164.0 $134.4 22.0 %
Net Income$24.4 $21.8 12.1 %$116.1 $86.9 33.5 %
Earnings per Diluted Share$0.41 $0.37 10.8 %$1.96 $1.48 32.4 %
Non-GAAP
Currency-Neutral Net Sales$340.4 $335.0 1.6 %$1,371.9 $1,315.7 4.3 %
Adjusted Gross Profit Margin % of Net Sales38.6 %36.9 %169 bps39.0 %37.1 %187 bps
Adjusted SG&A Expenses$96.6 $90.8 6.3 %$366.7 $346.7 5.8 %
Adjusted SG&A Expenses % of Net Sales27.6 %27.1 %53 bps26.4 %26.4 %9 bps
Adjusted Operating Income$38.2 $32.8 16.7 %$173.8 $141.4 22.9 %
Adjusted Net Income$28.9 $20.1 44.0 %$114.8 $86.2 33.2 %
Adjusted Earnings per Diluted Share$0.49 $0.34 44.1 %$1.94 $1.46 32.9 %
Adjusted EBITDA$49.8 $46.0 8.2 %$217.9 $189.0 15.3 %
Currency-Neutral Orders Increase Year-Over-Year1.9 %
Fourth quarter 2025 adjusted gross profit margin increased 169 basis points year-over-year due to favorable pricing, favorable product mix, and a nonrecurring inventory reserve adjustment; partially offset by higher input costs.
Fourth quarter 2025 adjusted SG&A expenses increased year-over-year due to foreign exchange translation, merit and inflation driven increases, and higher variable compensation on increased sales and profits.
Additional Metrics12/28/202512/29/2024Change
Cash$71.3 $99.2 (28.1)%
Total Debt$181.6 $302.8 (40.0)%
Total Debt Minus Cash ("Net Debt")$110.3 $203.5 (45.8)%
Fiscal Year 2025 Adjusted EBITDA$217.9 
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Total Debt divided by Fiscal Year 2025 Net Income1.6x
Net Debt divided by Fiscal Year 2025 Adj. EBITDA ("Net Leverage Ratio")0.5x

Segment Results Summary (Unaudited)Three Months EndedTwelve Months Ended
(in millions, except percentages)12/28/202512/29/2024Change12/28/202512/29/2024Change
AMS
Net Sales$205.9 $205.7 0.1 %$843.9 $800.8 5.4 %
Currency-Neutral Net Sales$205.8 $205.7 — %$844.9 $800.8 5.5 %
Operating Income$27.3 $28.5 (4.0)%$135.7 $105.3 28.9 %
Adjusted Operating Income$28.1 $29.4 (4.3)%$137.3 $106.6 28.8 %
Currency-Neutral Orders Increase Year-Over-Year3.2 %
EAAA
Net Sales$143.5 $129.3 11.0 %$543.0 $514.8 5.5 %
Currency-Neutral Net Sales$134.6 $129.3 4.1 %$527.1 $514.8 2.4 %
Operating Income$8.0 $1.2 587.7 %$28.3 $29.1 (2.8)%
Adjusted Operating Income$10.1 $3.4 197.9 %$36.5 $34.8 4.8 %
Currency-Neutral Orders Increase Year-Over-Year0.1 %














3









Outlook

Interface entered fiscal year 2026 with solid orders and a healthy backlog, while remaining mindful of ongoing macro uncertainty and a competitive industry environment. In addition, the Company's fiscal year 2026 includes 53 weeks with an extra week in the first quarter, which is reflected in the guidance below. With that backdrop in mind, the Company anticipates the following:

Q1 Fiscal Year 2026 Outlook
Net sales $315 million to $325 million
Adjusted gross profit margin38.0% of net sales
Adjusted SG&A expenses $94 million
Adjusted interest & other expenses $4 million
Adjusted effective income tax rate18.0%
Fully diluted weighted average share count 59.1 million shares
Note: All figures are approximate
Full Fiscal Year 2026 Outlook
Net sales $1.420 billion to $1.460 billion
Adjusted gross profit margin38.5% to 39.0% of net sales
Adjusted SG&A expenses 26.2% to 26.4% of net sales
Adjusted interest & other expenses $16 million
Adjusted effective income tax rate25.0% to 26.0%
Capital expenditures $55 million
Note: All figures are approximate



















4








Webcast and Conference Call Information

Interface will host a conference call on February 24, 2026, at 8:00 a.m. Eastern Time, to discuss its fourth quarter and fiscal year 2025 results. The conference call will be simultaneously broadcast live over the Internet.

Listeners may access the conference call live over the Internet at:
https://events.q4inc.com/attendee/621335748, or through the Company's website at: https://investors.interface.com.

The archived version of the webcast will be available at these sites for one year beginning approximately one hour after the call ends.

Non-GAAP Financial Measures

Interface provides adjusted earnings per share, adjusted net income, adjusted operating income ("AOI"), adjusted gross profit, adjusted gross profit margin, adjusted SG&A expenses, currency- neutral sales and currency-neutral sales growth, net debt, and adjusted EBITDA as additional information regarding its operating results in this press release. These non-GAAP measures are not in accordance with – or alternatives to – GAAP measures, and may be different from non-GAAP measures used by other companies. Adjusted EPS, adjusted net income, and AOI exclude nora purchase accounting amortization, the cyber event impact, and restructuring, asset impairment, severance, and other, net. Adjusted EPS and adjusted net income also exclude the loss on debt extinguishment, a warehouse fire recovery, property casualty loss impact, the loss on foreign subsidiary liquidation, the UK pension surplus tax rate change, and deferred taxes - rate changes and other. Adjusted gross profit and adjusted gross profit margin exclude the nora purchase accounting amortization. Adjusted SG&A expenses exclude restructuring, asset impairment, severance, and other, net and the cyber event impact. Currency-neutral sales and currency-neutral sales growth exclude the impact of foreign currency fluctuations.

Net debt is total debt less cash on hand. Adjusted EBITDA is GAAP net income excluding interest expense, income tax expense, depreciation and amortization, share-based compensation expense, cyber event impact, property casualty loss impact, restructuring, asset impairment, severance, and other, net, nora purchase accounting amortization, a warehouse fire recovery, and the loss on foreign subsidiary liquidation. This news release should be read in conjunction with the Company's Current Report on Form 8-K furnished today to the U.S. Securities & Exchange Commission, which explains why Interface believes presentation of these non-GAAP measures provides useful information to investors, as well as any additional material purposes for which Interface uses these non-GAAP measures.

About Interface

Interface is a global flooring and sustainability leader dedicated to rethinking how spaces work for people and the planet. Our portfolio includes Interface® carpet tile and LVT, nora® rubber flooring, and FLOR® premium area rugs. Across every brand, we innovate in a way that combines design, performance, and sustainability—without compromise.

Trusted by architects, designers, and building professionals worldwide, we help bring bold visions to life with solutions that deliver real, measurable impact. Building on more than 30 years of sustainability progress and industry‑first innovation, we remain ‘all in’ on our goal of becoming carbon negative by 2040, without the use of offsets.

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Learn more about Interface (NASDAQ: TILE) and our brands at interface.com and FLOR.com, and. Join us on Facebook, Instagram, LinkedIn, and Pinterest.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Except for historical information contained herein, the other matters set forth in this news release are forward-looking statements. Forward-looking statements may be identified by words such as “may,” “expect,” “forecast,” “anticipate,” “intend,” “plan,” “believe,” “could,” “should,” “goal,” “aim," “objective,” “seek,” “project,” “estimate,” “target,” “will” and similar expressions. Forward-looking statements in this press release include, without limitation, any projections we make regarding the Company’s first quarter and full year 2026 under “Outlook” above. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including but not limited to the risks under the following subheadings in “Risk Factors” in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2024, and Quarterly Report on Form 10-Q for the fiscal quarter ended March 30, 2025: "We compete with a large number of manufacturers in the highly competitive floorcovering products market, and some of these competitors have greater financial resources than we do. We may face challenges competing on price, making investments in our business, or competing on product design or sustainability", "Our earnings could be adversely affected by non-cash adjustments to goodwill, when a test of goodwill assets indicates a material impairment of those assets", "Our success depends significantly upon the efforts, abilities and continued service of our senior management executives, our principal design consultant and other key personnel (including experienced sales and manufacturing personnel), and our loss of any of them could affect us adversely", "Large increases in the cost of our raw materials, shipping costs, duties or tariffs could adversely affect us if we are unable to pass these cost increases through to our customers", "Unanticipated termination or interruption of any of our arrangements with our primary third-party suppliers of synthetic fiber or our primary third-party supplier for luxury vinyl tile (“LVT”) or other key raw materials could have a material adverse effect on us", "Changes to our facilities, manufacturing processes, product construction, and product composition could disrupt our operations, increase our manufacturing costs, increase customer complaints, increase warranty claims, negatively affect our reputation, and have a material adverse effect on our financial condition and results of operations", "Our business operations could suffer significant losses from natural disasters, acts of war, terrorism, catastrophes, fire, adverse weather conditions, pandemics, endemics, unstable geopolitical situations or other unexpected events", "The market price of our common stock has been volatile and the value of your investment may decline", "Sales of our principal products have been and may continue to be affected by adverse economic cycles, and effects in the new construction market and renovation market", "Disruptions to or failures of information technology systems we use could adversely affect our business", "The impact of potential changes to environmental laws and regulations and industry standards regarding climate change and other sustainability matters could lead to unforeseen disruptions to our business operations", "Health crisis events, such as epidemics or pandemics, have adversely impacted, and may continue to impact, the economy and disrupt our operations and supply chains, which may have an adverse effect on our results of operations", Our substantial international operations are subject to various political, economic and other uncertainties that could adversely affect our business results, including foreign currency fluctuations, restrictive taxation, custom duties, tariffs, border closings or other adverse government regulations", "The conflicts between Russia and Ukraine and in the Middle East could adversely affect our business, results of operations and financial position", "Fluctuations in foreign currency exchange rates have had, and could continue to have, an adverse impact on our financial condition and results of operations", "The uncertainty surrounding the ongoing implementation and effect of the U.K.’s exit from the European Union, and related negative developments in the European Union, could adversely affect our business, results of operations or financial condition", "We have a substantial amount of debt, which could adversely affect our business, financial condition and results of operations and our ability to meet our payment obligations under our debt", "Servicing our debt requires a significant amount of cash, and we may not have sufficient cash flow from our operations to pay our indebtedness", "We may incur substantial additional indebtedness, which could further exacerbate the risks associated with our substantial indebtedness", "We face risks associated with litigation and claims", and “Changes in foreign trade policies and tariffs may adversely impact our business, financial condition, and results of operations”.

You should consider any additional or updated information we include under the heading “Risk Factors” in our subsequent quarterly and annual reports.



6








Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company assumes no responsibility to update or revise forward-looking statements made in this press release and cautions readers not to place undue reliance on any such forward-looking statements.

- TABLES FOLLOW -
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Consolidated Statements of Operations (Unaudited)Three Months EndedTwelve Months Ended
(In thousands, except per share data)12/28/202512/29/202412/28/202512/29/2024
Net Sales$349,393 $335,010 $1,386,854 $1,315,658 
Cost of Sales214,585 212,705 849,474 832,710 
   Gross Profit 134,808 122,305 537,380 482,948 
Selling, General & Administrative Expenses99,447 92,671 373,385 348,542 
   Operating Income35,361 29,634 163,995 134,406 
Interest Expense6,477 4,888 19,546 23,205 
Other Expense (Income), net1,825 (2,590)7,598 (2,353)
   Income Before Income Tax Expense27,059 27,336 136,851 113,554 
Income Tax Expense2,670 5,570 20,753 26,608 
Net Income$24,389 $21,766 $116,098 $86,946 
Earnings Per Share – Basic$0.42 $0.37 $1.99 $1.49 
Earnings Per Share – Diluted$0.41 $0.37 $1.96 $1.48 
Common Shares Outstanding – Basic
58,142 58,304 58,375 58,282 
Common Shares Outstanding – Diluted
59,262 59,209 59,162 58,871 





8








Consolidated Balance Sheets (Unaudited)
(In thousands)12/28/202512/29/2024
Assets
Cash and Cash Equivalents$71,323 $99,226 
Accounts Receivable, net174,457 171,135 
Inventories, net275,014 260,581 
Other Current Assets
34,048 33,355 
Total Current Assets
554,842 564,297 
Property, Plant and Equipment, net309,449 282,374 
Operating Lease Right-of-Use Assets78,191 76,815 
Goodwill112,127 99,887 
Other Intangibles, net50,885 48,273 
Other Assets
101,028 99,170 
Total Assets
$1,206,522 $1,170,816 
Liabilities
Accounts Payable
$64,768 $68,943 
Accrued Expenses147,770 134,996 
Current Portion of Operating Lease Liabilities
15,748 12,296 
Current Portion of Long-Term Debt
8,778 482 
Total Current Liabilities
237,064 216,717 
Long-Term Debt
172,801 302,275 
Operating Lease Liabilities
67,205 68,092 
Other Long-Term Liabilities
88,778 94,584 
Total Liabilities
565,848 681,668 
Shareholders’ Equity
640,674 489,148 
Total Liabilities and Shareholders’ Equity
$1,206,522 $1,170,816 






















9








Consolidated Statements of Cash Flows (Unaudited)Twelve Months Ended
(In thousands)12/28/202512/29/2024
OPERATING ACTIVITIES
Net Income$116,098 $86,946 
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:
Depreciation and Amortization38,916 39,333 
Share-Based Compensation Expense14,385 12,907 
Loss on Disposal of Property, Plant and Equipment, net— 264 
Loss on Foreign Subsidiary Liquidation— 2,152 
Bad Debt Expense1,441 1,476 
Loss on Debt Extinguishment2,440 — 
Amortization of Acquired Intangible Assets3,073 5,172 
Deferred Taxes(12,958)(3,034)
Other(4,715)(8,480)
Change in Working Capital
Accounts Receivable4,620 (13,872)
Inventories2,102 10,467 
Prepaid Expenses and Other Current Assets590 (3,079)
Accounts Payable and Accrued Expenses1,914 18,178 
Cash Provided by Operating Activities 167,906 148,430 
INVESTING ACTIVITIES
      Capital Expenditures(46,192)(33,788)
      Proceeds from Sale of Property, Plant and Equipment— 1,040 
      Insurance Proceeds from Property Casualty Loss— 2,374 
Cash Used in Investing Activities(46,192)(30,374)
FINANCING ACTIVITIES
     Revolving Loan Borrowing41,701 34,243 
     Revolving Loan Repayments(35,515)(34,243)
     Term Loan Borrowings170,000 — 
     Term Loan Repayments(390)(115,213)
     Senior Notes Repayment(300,000)— 
     Repurchase of Common Stock(18,175)— 
     Tax Withholding Payments for Share-Based Compensation(8,372)(4,770)
     Debt Issuance Costs(1,303)— 
     Payments for Debt Extinguishment Costs(620)— 
     Dividends Paid(3,559)(2,338)
     Finance Lease Payments(3,059)(2,913)
Cash Used in Financing Activities(159,292)(125,234)
Net Cash Used in Operating, Investing and Financing Activities(37,578)(7,178)
Effect of Exchange Rate Changes on Cash9,675 (4,094)
CASH AND CASH EQUIVALENTS
Net Change During the Period(27,903)(11,272)
Balance at Beginning of Period99,226 110,498 
Balance at End of Period$71,323 $99,226 
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Net Sales by Region (Unaudited)
Twelve Months Ended
% of Total12/28/2025
Net Sales
   AMS61 %
EMEA29 %
APAC10 %
Consolidated Net Sales100 %



Gross Billings by Customer Vertical (Unaudited)

Twelve Months Ended
% of Total12/28/2025
Gross Billings
Corporate/Office44 %
Education20 %
Healthcare11 %
Other25 %
Consolidated Gross Billings *100 %
 * Note: Sum of reconciling items may differ from total due to rounding of individual components
11








Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures (Unaudited)
(In millions, except per share amounts)


Fourth Quarter 2025 Fourth Quarter 2024
AdjustmentsAdjustments
Gross ProfitSG&A ExpensesOperating Income (Loss)Pre-tax Tax EffectNet Income (Loss)Diluted EPSGross ProfitSG&A ExpensesOperating Income (Loss)Pre-tax Tax EffectNet Income (Loss)Diluted EPS
GAAP As Reported$134.8 $99.4 $35.4 $24.4 $0.41 $122.3 $92.7 $29.6 $21.8 $0.37 
Non-GAAP Adjustments:
Purchase Accounting Amortization— — — — — — — 1.3 — 1.3 1.3 (0.4)0.9 0.02 
Restructuring, Asset Impairment, Severance, and Other, net— (2.9)2.9 2.9 (0.7)2.2 0.04 — (2.2)2.2 2.2 (0.5)1.7 0.03 
Cyber Event Impact— — — — — — — — 0.3 (0.3)(5.1)1.2 (3.9)(0.07)
Loss on Debt Extinguishment3.1 (0.7)2.3 0.04 — — — — — — — 
Loss on Foreign Subsidiary Liquidation(1)
— — — — — — — — — — 2.2 — 2.2 0.04 
UK Pension Surplus Tax Rate Change— — — — — — — — — — — (2.5)(2.5)(0.04)
Adjustments Subtotal *— (2.9)2.9 6.0 (1.4)4.5 0.08 1.3 (1.9)3.1 0.5 (2.2)(1.7)(0.03)
Adjusted (non-GAAP) *$134.8 $96.6 $38.2 $28.9 $0.49 $123.6 $90.8 $32.8 $20.1 $0.34 
(1) In 2024, our Thailand subsidiary was substantially liquidated. The related cumulative translation adjustment recognized in other expense.
* Note: Sum of reconciling items may differ from total due to rounding of individual components

12








Fiscal Year 2025Fiscal Year 2024
AdjustmentsAdjustments
Gross ProfitSG&A ExpensesOperating IncomePre-tax Tax EffectNet Income/(Loss)Diluted EPSGross ProfitSG&A ExpensesOperating IncomePre-tax Tax EffectNet Income/(Loss)Diluted EPS
GAAP As Reported$537.4 $373.4 $164.0 $116.1 $1.96 $482.9 $348.5 $134.4 $86.9 $1.48 
Non-GAAP Adjustments:
Purchase Accounting Amortization3.1 — 3.1 3.1 (0.9)2.2 0.04 5.2 — 5.2 5.2 (1.5)3.7 0.06 
Restructuring, Asset Impairment, Severance, and Other, net— (6.7)6.7 6.7 (1.7)5.0 0.08 — (2.5)2.5 2.5 (0.6)1.9 0.03 
Warehouse Fire Recovery(1)
— — — (0.6)0.1 (0.4)(0.01)— — — — — — — 
Deferred Taxes - Rate Changes and Other(2)
— — — — (10.4)(10.4)(0.18)— — — — — — — 
Cyber Event Impact— — — — — — — — 0.7 (0.7)(5.5)1.3 (4.2)(0.07)
Loss on Debt Extinguishment— — — 3.1 (0.7)2.3 0.04 
Property Casualty Loss(3)
— — — — — — — — — — (2.3)0.6 (1.8)(0.03)
Loss on Foreign Subsidiary Liquidation (4)
— — — — — — — — — — 2.2 — 2.2 0.04 
UK Pension Surplus Tax Rate Change— — — — — — — — — — — (2.5)(2.5)(0.04)
Adjustments Subtotal *3.1 (6.7)9.8 12.3 (13.6)(1.3)(0.02)5.2 (1.8)7.0 2.0 (2.7)(0.7)(0.01)
Adjusted (non-GAAP) *$540.5 $366.7 $173.8 $114.8 $1.94 $488.1 $346.7 $141.4 $86.2 $1.46 
(1) Represents insurance recovery of loss recognized in the second quarter of 2020.
(2) In July 2025, Germany enacted tax legislation to reduce the German corporate income tax rate by 1% annually from 2028 to 2032. This resulted in a review and remeasurement of the Company's German deferred tax assets and liabilities and a non-cash credit to income tax expense in the third quarter of 2025.
(3) Represents insurance recovery of loss recognized in the first quarter of 2023.
(4) In 2024, our Thailand subsidiary was substantially liquidated and the related cumulative translation adjustment was recognized in other expense.
* Note: Sum of reconciling items may differ from total due to rounding of individual components
13








Reconciliation of Segment GAAP Financial Measures to Non-GAAP Financial Measures ("Currency-Neutral Net Sales", "Adjusted Gross Profit" and "AOI")
(In millions)

Fourth Quarter 2025Fourth Quarter 2024
AMS SegmentEAAA SegmentConsolidated *AMS SegmentEAAA SegmentConsolidated *
Net Sales as Reported (GAAP)$205.9 $143.5 $349.4 $205.7 $129.3 $335.0 
Impact of Changes in Currency(0.1)(8.9)(9.0)— — — 
Currency-Neutral Net Sales *$205.8 $134.6 $340.4 $205.7 $129.3 $335.0 
* Note: Sum of reconciling items may differ from total due to rounding of individual components



Fiscal Year 2025Fiscal Year 2024
AMS SegmentEAAA SegmentConsolidated *AMS SegmentEAAA SegmentConsolidated *
Net Sales as Reported (GAAP)$843.9 $543.0 $1,386.9 $800.8 $514.8 $1,315.7 
Impact of Changes in Currency1.0 (15.9)(14.9)— — — 
Currency-Neutral Net Sales *$844.9 $527.1 $1,371.9 $800.8 $514.8 $1,315.7 
* Note: Sum of reconciling items may differ from total due to rounding of individual components


















14










Fourth Quarter 2025Fourth Quarter 2024
AMS SegmentEAAA SegmentConsolidated *AMS SegmentEAAA SegmentConsolidated *
GAAP Operating Income (Loss)$27.3 $8.0 $35.4 $28.5 $1.2 $29.6 
Non-GAAP Adjustments:
Purchase Accounting Amortization— — — — 1.3 1.3 
Cyber Event Impact— — — (0.1)(0.2)(0.3)
Restructuring, Asset Impairment, Severance, and Other, net0.8 2.1 2.9 1.0 1.2 2.2 
Adjustments Subtotal *0.8 2.1 2.9 0.9 2.2 3.1 
AOI *$28.1 $10.1 $38.2 $29.4 $3.4 $32.8 
* Note: Sum of reconciling items may differ from total due to rounding of individual components



Fiscal Year 2025Fiscal Year 2024
AMS SegmentEAAA SegmentConsolidated *AMS SegmentEAAA SegmentConsolidated *
GAAP Operating Income (Loss)$135.7 $28.3 $164.0 $105.3 $29.1 $134.4 
Non-GAAP Adjustments:
Purchase Accounting Amortization— 3.1 3.1 — 5.2 5.2 
Cyber Event Impact— — — (0.4)(0.4)(0.7)
Restructuring, Asset Impairment, Severance, and Other, net1.6 5.1 6.7 1.6 0.9 2.5 
Adjustments Subtotal *1.6 8.2 9.8 1.3 5.7 7.0 
AOI *$137.3 $36.5 $173.8 $106.6 $34.8 $141.4 
* Note: Sum of reconciling items may differ from total due to rounding of individual components

15








(in millions)Fourth Quarter 2025Fourth Quarter 2024Fiscal Year 2025Fiscal Year 2024
Net Income as Reported (GAAP)$24.4 $21.8 $116.1 $86.9 
Income Tax Expense2.7 5.6 20.8 26.6 
Interest Expense (including debt issuance cost amortization)
6.5 4.9 19.5 23.2 
Depreciation and Amortization (excluding debt issuance cost amortization)
9.5 9.6 37.9 37.3 
Share-based Compensation Expense3.8 3.7 14.4 12.9 
Purchase Accounting Amortization— 1.3 3.1 5.2 
Restructuring, Asset Impairment, Severance, and Other, net2.9 2.2 6.7 2.5 
Cyber Event Impact— (5.1)— (5.5)
Property Casualty Loss(1)
— — — (2.3)
Warehouse Fire Recovery(2)
— — (0.6)— 
Loss on Foreign Subsidiary Liquidation (3)
— 2.2 — 2.2 
Adjusted Earnings before Interest, Taxes, Depreciation and Amortization (AEBITDA)*$49.8 $46.0 $217.9 $189.0 
(1) Represents insurance recovery of loss recognized in the first quarter of 2023.
(2) Represents insurance recovery of loss recognized in the second quarter 2020.
(3) In 2024, our Thailand subsidiary was substantially liquidated and the related cumulative translation adjustment was recognized in other expense.
Note: Sum of reconciling items may differ from total due to rounding of individual components
As of 12/28/25
Total Debt, net$181.6 
Total Cash on Hand(71.3)
Total Debt, Net of Cash on Hand (Net Debt)$110.3 

The impacts of changes in foreign currency presented in the tables are calculated based on applying the prior year period's average foreign currency exchange rates to the current year period.


The Company believes that the above non-GAAP performance measures, which management uses in managing and evaluating the Company’s business, may provide users of the Company’s financial information with additional meaningful basis for comparing the Company’s current results and results in a prior period, as these measures reflect factors that are unique to one period relative to the comparable period. However, these non‑GAAP performance measures should be viewed in addition to, and not as an alternative for, the Company’s reported results under accounting principles generally accepted in the United States. Tax effects identified above (when applicable) are calculated using the statutory tax rate for the jurisdictions in which the charge or income occurred.
# # #
16
Interface: A differentiated global flooring leader Purpose-driven growth with disciplined execution 50+ year history INVESTOR UPDATE | FEBRUARY 2026


 
2 This presentation contains forward-looking statements, including, in particular, statements about Interface’s plans, strategies and prospects. These are based on the Company’s current assumptions, expectations and projections about future events. Although Interface believes that the expectations reflected in these forward- looking statements are reasonable, the Company can give no assurance that these expectations will prove to be correct or that savings or other benefits anticipated in the forward-looking statements will be achieved. The forward- looking statements set forth involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including risks and uncertainties associated with economic conditions in the commercial interiors industry and the risks under the heading “Risk Factors” in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2024, which discussions are hereby incorporated by reference. You should also consider any additional or updated information we include under the heading “Risk Factors” in our subsequent annual and quarterly reports. Forward-looking statements in this presentation include, without limitation, the information set forth on the slides titled “Interface: A Compelling Investment”, “Large, Attractive Market Opportunity”, “Strategy: One Interface”, “Net Sales Growth Outpacing the Industry”, “Strong Positioning in Diversified Segments”, “Commercially-Driven Innovation”, “Industry Leading Adjusted Gross Profit Margins”, and “Capital Allocation Strategy”. Other forward-looking statements can be identified by words such as “may,” “expect,” “forecast,” “anticipate,” “intend,” “plan,” “believe,” “could,” “should”, “goal”, “aim”, “objective”, “commitment”, “seek,” “project,” “estimate,” “target,” and similar expressions. Forward-looking statements speak only as of the date made. The Company assumes no responsibility to update or revise forward-looking statements and cautions listeners and meeting attendees not to place undue reliance on any such statements. This presentation includes certain financial measures not calculated in accordance with U.S. GAAP. They may be different from similarly titled non- GAAP measures used by other companies, and should not be used as a substitute for, or considered superior to, GAAP measures. Reconciliations to the most directly comparable GAAP measures appear in the Financial Performance section below. Note: Sum of reconciling items may differ from total due to rounding of individual components FORWARD LOOKING STATEMENTS AND NON-GAAP MEASURES


 
BILLION*$1.4 IN GLOBAL REVENUE COUNTRIES 100+ SALES IN 6 MANUFACTURING SITES ON 4 CONTINENTS EMPLOYEES WORLDWIDE3,600 ~30 INTERFACE SHOWROOMS PREMIUM BRANDS WITH ATTRACTIVE MARGINS END MARKET DIVERSIFICATION CORPORATE EDUCATION HEALTHCARE 61% Americas 29% Europe 10% Asia-Pacific *figures represent LTM Q4 2025 Net Sales and Percentage of LTM Q4 2025 Net Sales REGIONAL NET SALES BREAKDOWN*


 
INSTALLATION INDOOR AIR QUALITY INTERFACE: A COMPELLING INVESTMENT RECOGNIZED GLOBAL LEADER DESIGN PERFORMANCE SUSTAINABILITY WITHOUT COMPROMISE STRONG FINANCIAL FOUNDATION INDUSTRY LEADING MARGINS STRONG BALANCE SHEET OUTPACING INDUSTRY GROWTH COMMITMENT TO EMPLOYEES & CUSTOMERS WINNING, PURPOSE-DRIVEN CULTURE WORLD CLASS SELLING TEAMS STRONG CULTURE SURVEY RESULTS


 
CARPET TILE LUXURY VINYL TILE (LVT) RUBBER Commercial flooring trusted by the world's architects, designers, facility managers, and contractors.


 
$39B Global Commercial Flooring $9+B Interface Served Market  Solid market fundamentals  Significant organic growth opportunities across soft and hard surface, to be captured through strategy execution and product innovation  Ongoing refresh cycles in core segments: office, healthcare, & education Global Commercial Flooring Segment ($ in billions) Source: Market Insights LLC Ceramic Tile Wood LVT Resilient Laminate Other BroadloomCarpet Tile Hard Surface Soft Surface $12 $7 $2 $1 $3 $3 $5 Other Rubber $5 LARGE, ATTRACTIVE MARKET OPPORTUNITY


 
RUBBER CARPET TILE LVT  Build strong global functions to support our world-class local selling teams  Accelerate growth through enhanced commercial productivity  Expand margins through global supply chain management and simplifying operations  Lead in design, performance, and sustainability STRATEGY: ONE INTERFACE


 
 One Interface combined U.S. selling teams accelerating growth through commercial productivity and full portfolio cross-selling  Continued growth of nora rubber through product innovation; new resilient platform to capture incremental opportunities in key segments  Addressable market expansion in carpet tile and LVT with more accessible price points, such as our Open Air carpet tiles and 3mm LVT NET SALES GROWTH OUTPACING THE INDUSTRY $ in millions


 
Note: Figures represent LTM Q4 2025 and may not sum to 100% due to rounding 44% Corporate REVENUE BY CUSTOMER SEGMENT Healthcare Corporate Education Other  Increase in return to office mandates driving refreshes, especially in Class A space  Premium products competitively advantaged in design, performance, and sustainability  Regional migration driving segment growth  K-12 schools modernizing and expanding facilities  Higher education campus investments to attract students in a competitive market  Aging population, longer life expectancies and increased technology use supporting demand  One Interface combined U.S. sales teams finding new opportunities to sell our full suite of products  Includes Government, Retail, Residential Living, Hospitality, Consumer Residential and all other segments STRONG POSITIONING IN DIVERSIFIED SEGMENTS


 
ONE SYSTEM EVERY SPACE CARPET TILE, LVT, AND NORA® RUBBER.  LUXURY VINYL TILE (LVT)  RUBBER ED U C ATIO N H EALTH C AR E O FFIC E Birmingham City University, Uk University Of Huddersfield, Uk Hogeschool Rotterdam Business School, NL © Studio Beeldwerken


 
 Resilient innovations to unlock new opportunities  More carpet tile options at accessible price points  Segment-focused designs  Sought-after aesthetics COMMERCIALLY-DRIVEN INNOVATION Targeted, strategic, commercially-aligned new product development to capture share and expand addressable market


 
CARBON CALCULATOR To estimate a project’s carbon savings REGIONALLY SPECIFIC CERTIFICATIONS For customer documentation INTERFACE DESIGN STUDIO FLOORPLANS Including carbon impact information LOW CARBON FOOTPRINT PRODUCTS 200+ cradle-to-gate carbon negative styles; low carbon footprint portfolio CQuest BioX SUSTAINABILITY THAT’S SPECIFIABLE


 
INTERFACE IMPACT REPORT 2024 Our website content and the linked 2024 Impact Report is not a part of, or incorporated into, this presentation. ESG at Interface We are focused on reducing our environmental footprint, making Interface a great place to work, and doing business ethically and responsibly to benefit all stakeholders – employees, customers, shareholders, and the environment. Learn more about our efforts in the ESG section of our investor site where you will find our latest 2024 Impact Report as well as other ESG Resources.


 
35.4% 37.1% 39.0% FY23 FY24 FY25  Globalizing core functions to support our world-class local selling teams  Investing in automation and robotics to drive productivity, waste reduction, and increased capacity to service growth without increasing headcount  Leading in design to capture premium priced market share while diversifying end market and product segmentation to drive incremental profitable growth  Reducing organizational complexity INDUSTRY LEADING ADJUSTED GROSS PROFIT MARGINS* * See Financial Performance section for a reconciliation of Non-GAAP figures


 
15 We have a balanced capital allocation strategy that prioritizes investing in the business, managing our leverage ratio conservatively, and returning excess capital to shareholders. Return excess cash to Shareholders Utilize strong free cash flow to return excess cash to shareholders Explore M&A Opportunities Through a rigorous and disciplined process, evaluate potentially accretive M&A transactions that are aligned with our strategy and that can accelerate growth and margin expansion Manage leverage Disciplined use of debt to manage net leverage conservatively Reinvest in the business Invest in strategic initiatives with high returns, including organic growth opportunities, innovation, manufacturing productivity, and salesforce effectiveness CAPITAL ALLOCATION STRATEGY


 
Financial Performance


 
Return on Invested Capital 18.5% 17 Currency Neutral YoY Net Sales Growth +1.6% Net Sales $349 Adjusted Gross Profit Margin 38.6% Adjusted Operating Income $38 10.9% of Net Sales Net Sales $1,387 Q4 2025 FYE 2025 Adjusted Earnings Per Diluted Share $0.49 * See subsequent slides for a reconciliation of Non-GAAP figures ($ in millions, except EPS) Adjusted Operating Income $174 12.5% of Net Sales Currency Neutral YoY Net Sales Growth +4.3% Adjusted Gross Profit Margin 39.0% LTM Net Debt / Adjusted EBITDA 0.5x Adjusted Earnings Per Diluted Share $1.94 Cash From Operations $168 Capital Expenditures $46 Adjusted EBITDA $218 15.7% of Net Sales FINANCIALS AT A GLANCE


 
18 GAAP FINANCIAL RESULTS


 
19 * See subsequent slides for a reconciliation of Non-GAAP figures ADJUSTED FINANCIAL RESULTS*


 
35.4% 37.1% 39.0% FY23 FY24 FY25 $1.00 $1.46 $1.94 FY23 FY24 FY25 $162 $189 $218 12.8% 14.4% 15.7% FY23 FY24 FY25 Adjusted EBITDA and Adjusted EBITDA % of Net Sales Adjusted Earnings Per Diluted Share 20 * See subsequent slides for a reconciliation of Non-GAAP figures $1,261 $1,316 $1,387 FY23 FY24 FY25 Net Sales $ in millions ($ in millions) REVENUE AND PROFITABILITY METRICS* Adjusted Gross Profit Margin %


 
21 Note: Sum of reconciling items may differ from total due to rounding of individual components RECONCILIATION OF NON-GAAP FIGURES


 
22 (1) Represents insurance recovery of loss recognized in the first quarter of 2023. (2) Represents insurance recovery of loss recognized in the second quarter of 2020. (3) In 2024, our Thailand subsidiary was substantially liquidated. In 2023, our Russia and Brazil foreign subsidiaries were substantially liquidated. The related cumulative translation adjustment was recognized in other expense. (4) In July 2025, Germany enacted tax legislation to reduce the German corporate income tax rate by 1% annually from 2028 to 2032. This resulted in a review and remeasurement of the Company’s German deferred tax assets and liabilities and a non-cash credit to income tax expense in the third quarter of 2025. Note: Sum of reconciling items may differ from total due to rounding of individual components RECONCILIATION OF NON-GAAP FIGURES


 
Note: Sum of reconciling items may differ from total due to rounding of individual components (1) Represents insurance recovery of loss recognized in the first quarter of 2023. (2) Represents insurance recovery of loss recognized in the second quarter of 2020. (3) In 2024, our Thailand subsidiary was substantially liquidated. In 2023, our Russia and Brazil foreign subsidiaries were substantially liquidated. The related cumulative translation adjustment was recognized in other expense. 23 RECONCILIATION OF NON-GAAP FIGURES


 

FAQ

How did Interface (TILE) perform financially in fiscal year 2025?

Interface posted strong 2025 results, with net sales of $1.39 billion, up 5.4% year over year. GAAP diluted EPS reached $1.96, while adjusted diluted EPS was $1.94, a 32.9% increase, reflecting margin expansion and disciplined operating expenses.

What were Interface (TILE)’s key profitability metrics for 2025?

Interface’s 2025 adjusted gross profit margin improved to 39.0%, up from 37.1%. Adjusted EBITDA was $217.9 million, representing 15.7% of net sales. Adjusted operating income rose to $173.8 million, or 12.5% of net sales, showing stronger underlying profitability.

How did Interface (TILE) improve its balance sheet in 2025?

Interface reduced total debt from $302.8 million to $181.6 million and cut net debt to $110.3 million. The company achieved a net leverage ratio of 0.5x 2025 adjusted EBITDA, supported by $167.9 million of cash from operating activities.

What were Interface (TILE)’s fourth quarter 2025 results?

In Q4 2025, Interface generated net sales of $349.4 million, up 4.3% year over year. GAAP diluted EPS was $0.41, while adjusted diluted EPS reached $0.49, a 44.1% increase, supported by higher adjusted gross margins and operating income.

What outlook did Interface (TILE) provide for Q1 fiscal 2026?

For Q1 2026, Interface anticipates net sales of $315–325 million, an adjusted gross profit margin of 38.0% of net sales, adjusted SG&A expenses of $94 million, adjusted interest and other expenses of $4 million, and an adjusted effective tax rate of 18.0%.

How much cash did Interface (TILE) return to shareholders in 2025?

Interface repurchased $18.2 million of common stock and paid $3.6 million in dividends during 2025. These actions came alongside significant debt reduction, reflecting a balanced capital allocation strategy focused on deleveraging and returning excess cash.

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Furnishings, Fixtures & Appliances
Carpets & Rugs
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