HNI Corporation Reports Third Quarter 2025 Results

HNI Corporation announced its financial results for the third quarter ended September 27, 2025. The company reported net sales of $683.8 million, a 1.7% increase from the prior-year quarter. GAAP diluted EPS was $0.88, a 10% decrease year-over-year, while non-GAAP diluted EPS was $1.10, a 7% increase. The company highlighted strong productivity and operating expense control, with a GAAP operating margin of 9.4% and a non-GAAP operating margin of 10.8%, the highest for a third quarter. HNI also confirmed elevated earnings growth visibility through 2026, driven by strategic initiatives and the anticipated closing of the Steelcase acquisition before the end of 2025. The company reduced debt by $120 million during the quarter, maintaining a strong balance sheet.