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CULP INC (CULP) Annual Reports

Q: Where can I read CULP INC (CULP) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 4 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

CULP INC is listed on Nasdaq, classified by the SEC under Broadwoven Fabric Mills, Cotton (SIC 2211). This page indexes 4 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 723603 →

Website：Official site ↗

Financial Highlights

FY2027 Q1 (quarterly, ended 2026-08-02)
	Current	Prior year	YoY
Revenue	$54.0M	$50.7M	+6.5%
Operating income	$6.7M	$1.6M	+312.4%
Net income	$6.0M	$-231,000	+2689.2%
EPS (diluted)	$0.47	$-0.02	+2450.0%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 54.0 mn Net income 5.98 mn

Periods follow the company’s fiscal year (Apple ends in September, Walmart in January), so they differ from calendar quarters.

Show table：Income statement

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Revenue	206	55.9	48.9	51.6	60.4	60.3	58.0	60.5	75.7	69.2	65.6	63.7	70.4	70.1	70.6	72.4	74.0	76.1	74.0	81.3	78.8	80.2	77.0	78.5	77.3	80.7	75.3	76.2	77.3	79.5	80.7	85.3	78.2	71.5	77.0	77.2	71.0	74.8	72.6	72.0	47.4	64.5	76.8	79.3	79.1	83.0	74.6	80.3	56.9	62.6	58.4	52.5	61.4	56.7	58.7	60.4	49.5	56.5	55.7	52.3	48.8	50.7	53.2	48.0	51.6	54.0
Gross profit	38.8	9.71	7.61	8.24	11.3	8.88	8.65	8.51	13.7	13.1	11.9	11.7	12.8	13.1	12.2	11.8	11.8	12.7	12.3	14.4	16.2	16.2	15.7	16.6	16.6	18.4	16.9	16.8	17.2	16.5	15.8	17.6	14.8	10.6	13.3	14.1	12.2	13.4	14.1	12.4	3.05	9.90	14.3	13.9	11.8	12.5	10.7	9.11	3.76	4.13	-2.21	2.09	6.89	7.09	7.95	7.70	5.20	5.08	5.99	6.35	7.65	7.23	5.78	5.32	6.83	15.4
Operating income	16.3	4.50	3.41	3.10	4.73	3.12	2.93	2.99	5.67	5.48	4.67	4.86	6.08	5.97	5.04	4.80	4.44	5.30	4.90	6.03	6.57	7.46	6.30	7.23	7.35	8.67	7.30	6.94	7.17	6.96	6.39	7.64	6.46	2.08	4.28	4.30	1.96	2.69	3.98	-5.09	-18.0	1.88	4.52	4.04	1.64	3.32	1.64	1.10	-5.38	-4.74	-11.9	-7.78	-4.03	-3.08	-2.24	-1.74	-4.25	-6.85	-5.40	-3.89	-2.24	1.62	-3.45	-3.72	-1.62	6.67
Net income	13.2	3.75	4.00	2.42	5.99	1.82	6.25	1.80	3.42	3.52	8.27	2.82	3.70	3.23	3.10	8.38	2.74	3.34	3.00	3.81	4.91	4.70	3.77	4.86	3.60	5.31	4.47	6.35	6.20	4.98	3.98	-0.75	12.7	0.97	2.94	3.06	-1.51	1.17	2.19	-4.21	-27.8	-2.73	2.38	2.08	1.49	2.25	0.85	-0.29	-6.02	-5.70	-12.2	-8.97	-4.68	-3.34	-2.42	-3.19	-4.86	-7.26	-5.64	-4.13	-2.07	-0.23	-4.31	-3.43	-2.24	5.98

Balance sheet

Quarterly · In mn (USD)

Total assets 108 mn Total liabilities 54.3 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Current assets	—	68.6	65.5	68.4	82.6	83.0	78.7	83.9	96.9	96.1	93.8	96.9	101	105	111	111	112	106	107	116	118	115	118	114	115	121	83.0	89.5	102	102	98.9	127	132	121	119	124	123	122	131	121	152	121	140	149	143	135	129	130	107	112	100	93.0	95.5	88.1	88.6	89.1	80.9	82.7	86.9	85.3	83.5	88.9	90.4	88.4	80.7	78.8
Total assets	—	113	112	114	130	129	127	131	145	143	142	144	145	151	156	157	161	154	157	168	171	170	174	174	175	183	179	191	206	208	201	217	218	226	222	225	220	224	232	210	215	185	203	212	214	212	209	212	178	180	162	151	152	143	142	142	132	129	129	128	123	126	125	121	112	108
Current liabilities	—	30.0	26.7	26.1	35.8	34.1	31.4	34.6	44.1	39.8	37.6	42.4	37.5	39.0	42.8	39.6	38.8	33.6	35.8	41.9	43.1	39.2	36.7	39.3	36.3	34.6	32.6	38.0	46.1	41.7	35.9	44.4	40.6	36.4	36.5	39.6	35.2	35.5	40.9	32.8	40.1	37.6	54.1	62.4	61.2	59.0	55.9	59.2	32.6	41.7	39.5	36.4	44.0	38.3	41.6	43.4	38.1	42.2	48.4	50.6	47.0	47.9	51.3	51.6	45.0	43.5
Total liabilities	—	46.0	40.4	39.8	49.7	48.0	43.0	46.1	55.7	51.3	47.1	51.8	49.1	52.5	54.7	47.2	49.2	45.1	45.0	52.8	51.9	51.1	50.7	48.5	46.3	51.9	43.2	48.7	57.0	58.2	48.0	64.7	54.6	60.3	54.7	57.7	55.5	60.1	65.8	50.2	85.4	58.7	75.5	83.6	85.1	82.7	80.9	84.8	58.1	66.5	59.5	57.1	63.1	56.8	58.5	61.2	55.9	60.0	65.4	67.9	65.7	68.8	71.7	70.5	63.8	54.3
Equity	63.0	67.1	71.5	74.1	80.3	81.3	84.1	85.4	89.0	91.8	95.4	92.0	95.6	98.6	102	109	112	109	112	115	119	119	123	125	129	131	136	142	149	150	153	152	163	161	163	163	160	160	162	160	130	126	127	128	129	130	128	127	120	114	102	93.5	89.1	86.1	83.6	80.8	76.1	69.1	63.6	59.6	57.6	57.6	53.6	50.2	48.1	54.2

Cash flow

Quarterly · In mn (USD)

Operating 8.10 mn Investing 0 mn Financing -6.07 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Operating	21.6	-0.29	2.87	3.84	8.41	-3.64	6.22	0.15	9.27	-1.96	9.61	3.17	6.26	2.68	6.77	1.55	9.23	4.05	10.5	6.16	5.41	1.06	10.2	4.67	12.5	5.75	10.8	7.64	9.83	2.40	7.77	11.3	6.00	-1.94	8.54	1.49	5.79	2.02	6.22	-8.77	5.49	10.6	12.1	-1.05	-0.17	1.57	-2.90	-11.0	-5.07	5.31	0.86	-1.58	3.22	-4.43	-0.04	-1.49	-2.25	-0.21	-2.43	-6.79	-8.22	-0.69	-0.47	-1.10	-7.10	8.10
Investing	-9.87	-4.14	-1.92	-1.99	-2.90	-4.03	-1.14	0.93	0.57	-0.24	-0.97	-0.22	-1.59	-4.44	-1.06	-1.55	-2.37	-2.95	-2.62	-5.08	-4.16	-0.13	-2.20	-0.89	-4.18	-1.72	-34.6	-3.97	-3.00	-3.98	-3.03	-2.00	-6.10	-10.7	3.59	13.8	8.40	4.01	-1.54	-14.5	6.32	-0.74	-5.56	-6.99	2.61	-10.4	-3.83	7.35	9.37	-0.76	-0.29	-0.89	1.19	0.37	-1.37	-1.13	-0.3	-0.33	-0.45	0.17	1.22	0.99	0.18	0.01	5.21	0
Financing	-5.31	0.31	0.18	0.05	-0.01	-0.95	-5.88	0.17	0.05	-0.85	-7.10	-6.70	-0.53	-0.23	-2.67	-0.61	-0.63	-5.96	-3.44	-0.73	-0.73	-4.83	-2.86	-3.26	-2.46	3.73	-7.86	-1.98	-1.61	-0.99	-7.26	-2.65	-1.12	0.1	-5.90	-3.77	-0.59	-1.76	-1.70	-2.03	36.1	-39.7	-1.32	-1.35	-1.35	-2.13	-2.37	-1.51	-1.41	-0.16	-0.08	-0.08	-0.11	—	-0.15	0	0.02	4.01	-0.07	1.39	7.34	5.15	-0.06	0	0.4	-6.07
Cash at period end	18.3	14.1	15.3	17.3	23.2	14.6	13.8	15.1	25.0	21.9	23.5	19.5	23.5	21.4	24.3	23.3	29.3	24.7	28.9	28.8	29.7	25.9	31.2	31.7	37.8	45.5	13.9	15.7	20.8	18.3	15.7	22.4	21.2	8.59	14.8	26.4	40.0	44.2	47.2	21.9	69.8	40.0	45.3	36.0	37.0	26.1	17.0	11.8	14.6	18.9	19.1	16.7	21.0	16.8	15.2	12.6	10.0	13.5	10.5	5.28	5.63	11.1	10.7	9.69	8.27	10.2

Profitability

Quarterly · %

Gross margin 28.5% Operating margin 12.4% Net margin 11.1%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Gross margin	18.8%	17.4%	15.6%	15.9%	18.7%	14.7%	14.9%	14.1%	18.1%	19.0%	18.1%	18.4%	18.3%	18.6%	17.3%	16.4%	15.9%	16.7%	16.6%	17.7%	20.5%	20.2%	20.4%	21.1%	21.5%	22.8%	22.4%	22.0%	22.2%	20.7%	19.6%	20.6%	18.9%	14.8%	17.3%	18.3%	17.2%	17.9%	19.4%	17.2%	6.4%	15.4%	18.6%	17.5%	14.9%	15.1%	14.4%	11.3%	6.6%	6.6%	-3.8%	4.0%	11.2%	12.5%	13.5%	12.8%	10.5%	9.0%	10.8%	12.2%	15.7%	14.3%	10.9%	11.1%	13.2%	28.5%
Operating margin	7.9%	8.1%	7.0%	6.0%	7.8%	5.2%	5.0%	5.0%	7.5%	7.9%	7.1%	7.6%	8.6%	8.5%	7.1%	6.6%	6.0%	7.0%	6.6%	7.4%	8.3%	9.3%	8.2%	9.2%	9.5%	10.8%	9.7%	9.1%	9.3%	8.8%	7.9%	9.0%	8.3%	2.9%	5.6%	5.6%	2.8%	3.6%	5.5%	-7.1%	-38.0%	2.9%	5.9%	5.1%	2.1%	4.0%	2.2%	1.4%	-9.4%	-7.6%	-20.4%	-14.8%	-6.6%	-5.4%	-3.8%	-2.9%	-8.6%	-12.1%	-9.7%	-7.4%	-4.6%	3.2%	-6.5%	-7.8%	-3.1%	12.4%
Net margin	6.4%	6.7%	8.2%	4.7%	9.9%	3.0%	10.8%	3.0%	4.5%	5.1%	12.6%	4.4%	5.3%	4.6%	4.4%	11.6%	3.7%	4.4%	4.1%	4.7%	6.2%	5.9%	4.9%	6.2%	4.7%	6.6%	5.9%	8.3%	8.0%	6.3%	4.9%	-0.9%	16.2%	1.4%	3.8%	4.0%	-2.1%	1.6%	3.0%	-5.8%	-58.7%	-4.2%	3.1%	2.6%	1.9%	2.7%	1.1%	-0.4%	-10.6%	-9.1%	-20.9%	-17.1%	-7.6%	-5.9%	-4.1%	-5.3%	-9.8%	-12.8%	-10.1%	-7.9%	-4.3%	-0.5%	-8.1%	-7.2%	-4.3%	11.1%

Returns & leverage

Quarterly · %

ROE -7.2% ROA -3.4% Debt ratio 50.0%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
ROE	—	—	—	31.5%	22.6%	19.2%	21.2%	19.9%	15.7%	17.3%	19.0%	20.3%	19.9%	18.9%	13.1%	18.3%	16.8%	16.9%	16.4%	11.5%	13.0%	14.4%	14.7%	15.2%	13.6%	14.0%	14.1%	14.8%	16.1%	15.7%	14.9%	9.8%	13.4%	10.8%	10.0%	12.5%	3.4%	3.5%	3.0%	-1.5%	-19.8%	-22.8%	-22.4%	-18.1%	2.5%	6.4%	5.2%	3.4%	-2.6%	-9.2%	-21.0%	-29.8%	-30.2%	-29.1%	-20.9%	-15.7%	-16.7%	-22.9%	-28.5%	-31.2%	-28.6%	-19.1%	-18.3%	-18.3%	-19.3%	-7.2%
ROA	—	—	—	20.5%	12.4%	11.8%	13.8%	12.9%	9.7%	11.0%	12.6%	13.1%	12.7%	12.3%	8.6%	12.3%	11.4%	11.5%	11.2%	8.0%	9.1%	10.1%	10.4%	10.7%	9.8%	9.9%	10.3%	10.8%	11.7%	11.3%	11.3%	7.1%	9.9%	7.8%	7.5%	8.9%	2.5%	2.5%	2.2%	-1.1%	-13.2%	-15.9%	-14.9%	-12.4%	1.5%	4.1%	3.2%	2.0%	-1.6%	-5.7%	-13.0%	-18.1%	-19.1%	-18.0%	-12.8%	-9.3%	-9.7%	-13.0%	-15.5%	-16.3%	-15.0%	-9.4%	-8.4%	-8.1%	-8.7%	-3.4%
Debt ratio	—	40.6%	36.1%	34.9%	38.2%	37.1%	33.9%	35.1%	38.5%	35.9%	33.0%	36.0%	34.0%	34.8%	35.0%	30.1%	30.6%	29.2%	28.7%	31.5%	30.3%	30.1%	29.2%	27.9%	26.4%	28.3%	24.1%	25.5%	27.7%	28.0%	23.9%	29.8%	25.1%	26.7%	24.6%	25.6%	25.3%	26.8%	28.4%	23.9%	39.7%	31.8%	37.3%	39.5%	39.7%	39.0%	38.6%	40.1%	32.7%	36.8%	36.8%	37.9%	41.5%	39.7%	41.2%	43.1%	42.4%	46.5%	50.7%	53.2%	53.3%	54.4%	57.2%	58.4%	57.0%	50.0%

EPS

Quarterly · US$

EPS US$0.47

Show table：EPS

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
EPS（US$）	1.01	0.28	0.30	0.18	0.45	0.14	0.49	0.14	0.27	0.28	0.67	0.23	0.30	0.26	0.25	0.68	0.22	0.27	0.24	0.31	0.39	0.38	0.30	0.39	0.29	0.43	0.36	0.51	0.49	0.40	0.32	-0.06	1.00	0.08	0.23	0.25	-0.11	0.11	0.19	0.00	-2.26	-0.22	0.19	0.17	0.12	0.18	0.07	-0.02	-0.49	-0.47	-0.99	-0.73	-0.38	-0.27	-0.19	-0.26	-0.39	-0.58	-0.45	-0.33	-0.17	-0.02	-0.34	-0.27	-0.18	0.47

Revenue & profit

Year-to-date · In mn (USD)

Revenue 54.0 mn Net income 5.98 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 108 mn Total liabilities 54.3 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 8.10 mn Investing 0 mn Financing -6.07 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 28.5% Operating margin 12.4% Net margin 11.1%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE -7.2% ROA -3.4% Debt ratio 50.0%

EPS

Year-to-date · US$

EPS US$0.47

Revenue & profit

Annual · In mn (USD)

Revenue 203 mn Net income -10.2 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	217	254	269	287	310	313	310	324	297	267	300	295	235	225	213	203
Gross profit	36.8	39.7	49.5	48.9	55.6	65.1	69.2	64.6	50.2	42.9	49.8	36.1	10.9	27.9	25.1	25.2
Operating income	15.7	14.7	21.1	20.3	22.8	28.3	30.1	27.5	12.6	-16.4	12.1	0.68	-28.5	-11.3	-18.4	-7.19
Net income	16.2	13.3	18.3	17.4	15.1	16.9	22.3	20.9	5.46	-28.7	3.22	-3.21	-31.5	-13.8	-19.1	-10.2

Balance sheet

Annual · In mn (USD)

Total assets 112 mn Total liabilities 63.8 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Current assets	82.6	96.9	101	112	118	115	102	132	123	152	143	107	95.5	80.9	83.5	80.7
Total assets	130	145	145	161	171	175	206	218	220	215	214	178	152	132	123	112
Current liabilities	35.8	44.1	37.5	38.8	43.1	36.3	46.1	40.6	35.2	40.1	61.2	32.6	44.0	38.1	47.0	45.0
Total liabilities	49.7	55.7	49.1	49.2	51.9	46.3	57.0	54.6	55.5	85.4	85.1	58.1	63.1	55.9	65.7	63.8
Equity	80.3	89.0	95.6	112	119	129	149	163	160	130	129	120	89.1	76.1	57.6	48.1

Cash flow

Annual · In mn (USD)

Operating -9.37 mn Investing 6.38 mn Financing 5.48 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Operating	14.8	12.0	17.1	20.2	26.1	28.4	34.1	27.5	13.9	4.97	21.5	-17.4	7.80	-8.22	-17.6	-9.37
Investing	-10.9	-3.68	-3.01	-9.42	-14.8	-7.40	-43.3	-15.1	15.2	-5.71	-10.7	2.50	-0.75	-2.43	0.6	6.38
Financing	0.53	-6.62	-15.2	-4.15	-10.9	-13.4	-7.72	-12.0	-10.2	30.6	-43.7	-7.42	-0.44	—	12.7	5.48
Cash at period end	23.2	25.0	23.5	29.3	29.7	37.8	20.8	21.2	40.0	69.8	37.0	14.6	21.0	10.0	5.63	8.27

Profitability

Annual · %

Gross margin 12.4% Operating margin -3.5% Net margin -5.0%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Gross margin	17.0%	15.6%	18.4%	17.0%	17.9%	20.8%	22.4%	20.0%	16.9%	16.1%	16.6%	12.2%	4.6%	12.4%	11.8%	12.4%
Operating margin	7.3%	5.8%	7.8%	7.0%	7.3%	9.1%	9.7%	8.5%	4.3%	-6.2%	4.0%	0.2%	-12.1%	-5.0%	-8.6%	-3.5%
Net margin	7.5%	5.2%	6.8%	6.1%	4.9%	5.4%	7.2%	6.5%	1.8%	-10.7%	1.1%	-1.1%	-13.4%	-6.1%	-9.0%	-5.0%

Returns & leverage

Annual · %

ROE -19.3% ROA -8.7% Debt ratio 57.0%

Show table：Returns & leverage

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
ROE	20.1%	15.7%	19.9%	16.8%	13.0%	13.6%	16.1%	13.4%	3.4%	-19.8%	2.5%	-2.6%	-30.2%	-16.7%	-28.6%	-19.3%
ROA	12.4%	9.7%	12.7%	11.4%	9.1%	9.8%	11.7%	9.9%	2.5%	-13.2%	1.5%	-1.6%	-19.1%	-9.7%	-15.0%	-8.7%
Debt ratio	38.2%	38.5%	34.0%	30.6%	30.3%	26.4%	27.7%	25.1%	25.3%	39.7%	39.7%	32.7%	41.5%	42.4%	53.3%	57.0%

EPS

Annual · US$

EPS US$-0.81

Show table：EPS

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
EPS（US$）	1.21	1.04	1.48	1.41	1.21	1.36	1.79	1.66	0.45	-1.96	0.26	-0.26	-2.57	-1.11	-1.53	-0.81

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2026	Open full text →
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read CULP INC (CULP) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 4 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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