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FLEXSTEEL INDUSTRIES INC (FLXS) Annual Reports

Q: Where can I read FLEXSTEEL INDUSTRIES INC (FLXS) 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. 3 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.

FLEXSTEEL INDUSTRIES INC is listed on Nasdaq, classified by the SEC under Household Furniture (SIC 2510). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 06/30
SEC CIK： 37472 →

Website：Official site ↗

Financial Highlights

FY2025 Q3 (quarterly, ended 2026-03-31)
	Current	Prior year	YoY
Revenue	$115.1M	$114.0M	+1.0%
Operating income	$8.2M	$-5.1M	+262.5%
Net income	$6.4M	$-3.7M	+272.2%
EPS (diluted)	$1.14	$-0.71	+260.6%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 115 mn Net income 12.7 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
Revenue	326	87.2	82.8	85.2	84.2	81.5	85.0	91.6	93.9	91.2	94.6	98.3	102	104	113	111	111	109	114	123	121	127	125	125	123	112	119	121	117	120	129	127	113	114	118	112	100	100	103	98.8	64.8	105	119	118	136	138	142	140	125	95.7	93.1	99.0	106	94.6	100	107	111	104	108	114	115	110	118	115	115
Gross profit	74.8	19.6	18.8	18.2	20.7	19.0	20.5	22.1	23.8	21.1	22.8	22.8	23.8	23.6	26.1	25.0	25.5	25.5	27.1	29.7	27.6	27.9	27.7	28.7	29.4	26.6	26.8	28.4	26.8	26.1	27.4	27.6	17.0	21.8	21.5	21.3	5.35	17.2	16.1	13.8	5.93	22.8	24.4	23.1	26.4	23.4	9.53	22.1	17.7	15.3	15.8	18.6	21.1	18.4	21.9	23.3	23.6	22.4	22.8	25.3	27.4	25.9	26.8	26.1	34.6
Operating income	17.5	3.69	3.32	3.65	5.21	3.63	4.69	5.12	6.80	4.39	4.60	4.87	6.42	5.44	1.46	6.59	8.80	7.13	7.50	11.2	8.58	9.38	8.43	11.3	8.95	7.70	8.42	12.0	9.11	9.74	7.72	4.35	2.69	1.60	2.10	-20.3	-26.6	12.7	-7.08	-8.34	-31.7	7.91	9.83	6.35	7.10	5.87	-8.64	5.81	3.57	0.43	3.76	2.12	4.24	1.92	4.58	2.98	7.60	6.05	11.7	-5.06	14.0	8.99	9.00	8.22	16.3
Net income	10.8	2.34	2.13	2.46	3.49	2.38	2.95	3.34	4.40	2.87	2.92	3.12	4.24	3.77	1.17	4.42	5.63	4.88	4.68	6.96	5.78	5.76	5.37	6.94	6.16	4.75	5.39	7.62	6.02	6.18	6.22	3.08	2.19	1.30	1.57	-15.6	-19.9	9.55	-5.38	-5.27	-25.7	3.88	8.45	4.88	5.84	4.35	-7.54	5.32	-0.27	0.29	2.85	1.48	10.2	0.75	3.05	1.80	4.92	4.14	9.05	-3.74	10.7	7.33	6.64	6.45	12.7

Balance sheet

Quarterly · In mn (USD)

Total assets 254 mn Total liabilities 121 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
Current assets	—	—	—	—	128	130	133	134	136	134	137	144	149	157	162	157	165	165	163	169	171	169	178	171	176	179	189	192	195	207	202	201	190	184	181	180	166	171	172	187	182	186	185	182	229	257	242	210	190	173	153	160	171	165	149	150	155	152	149	157	172	175	189	200	158
Total assets	—	—	—	—	165	166	171	175	182	183	186	191	193	200	207	202	210	235	237	245	245	241	248	244	247	252	263	266	270	280	281	287	284	287	287	265	254	267	270	276	237	239	236	252	297	324	324	290	269	285	262	268	291	285	272	274	274	269	272	266	282	281	290	290	254
Current liabilities	—	—	—	—	27.7	27.3	29.8	30.8	31.9	30.9	31.4	34.2	35.5	39.4	43.5	34.6	36.8	58.2	44.9	43.0	51.3	43.3	44.0	35.0	33.4	33.8	40.5	36.9	37.2	42.6	39.4	43.4	40.9	43.8	43.7	37.8	47.8	44.8	50.8	64.4	53.5	58.2	58.5	60.5	99.8	76.0	71.0	71.1	64.6	56.9	45.7	53.8	55.1	46.8	48.6	53.7	60.4	53.3	50.9	53.5	62.0	58.5	62.6	58.2	75.7
Total liabilities	—	—	—	—	36.1	35.3	37.9	39.2	42.2	41.4	41.0	43.1	41.3	45.7	50.7	41.9	43.5	64.9	61.4	63.9	57.9	48.9	50.3	39.7	37.3	37.7	44.4	40.9	39.3	44.9	41.7	45.3	42.6	45.5	45.3	38.8	48.9	53.0	60.5	73.6	61.8	68.6	67.4	88.2	129	154	169	149	137	154	130	135	149	144	129	129	124	114	110	108	115	109	111	105	121
Equity	118	—	—	—	129	130	133	136	139	142	145	148	151	154	156	160	167	170	175	181	187	192	198	204	210	214	218	225	231	235	240	241	242	242	242	227	205	215	209	202	176	171	168	164	168	170	155	141	132	131	132	133	142	141	144	145	150	155	162	158	168	172	179	185	134

Cash flow

Quarterly · In mn (USD)

Operating 24.3 mn Investing -0.4 mn Financing -64.5 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
Operating	19.1	-3.60	3.85	5.78	7.78	-2.95	4.96	6.61	0.36	-3.52	5.58	4.11	-0.27	1.24	-0.02	10.4	4.65	3.15	-8.76	11.7	-2.80	8.51	0.74	22.8	22.3	11.2	0.89	11.6	2.70	1.53	-0.23	13.0	13.0	9.90	1.03	1.61	-5.82	-3.32	4.10	13.1	4.40	-2.19	-8.75	-4.47	-17.3	-44.3	3.32	37.1	11.9	13.0	11.7	5.82	-7.47	-1.78	18.9	7.20	7.52	2.40	6.69	12.3	15.6	4.11	1.01	22.1	24.3
Investing	-1.58	-0.24	-0.49	-0.35	-1.60	-0.43	-2.52	-2.62	-5.71	-3.16	-2.38	-0.77	0.29	-0.99	-1.28	-1.86	-0.29	-25.9	-4.55	-3.50	1.40	-2.14	-1.04	-1.26	-0.24	-4.45	-1.51	-13.8	-9.96	5.08	-13.9	-5.26	-7.29	-12.4	2.93	4.84	-0.54	19.1	-1.27	-0.64	-0.42	0.32	17.6	-1.29	-0.51	0.63	-0.23	-1.33	-0.99	-1.88	-0.3	-1.42	-0.85	-1.35	-1.70	-1.30	3.77	0.73	5.80	-0.52	3.43	-1.36	-1.74	-0.43	-0.4
Financing	-11.0	-0.18	-0.45	-0.39	-0.5	-0.42	-0.66	-0.59	0.05	-0.76	-1.58	0.25	-0.82	-0.56	-0.45	-0.07	0.51	10.9	3.15	-2.59	-3.05	-5.78	-1.24	-6.53	-0.63	-0.9	-1.23	-1.04	-1.46	-2.03	-1.76	-1.70	-1.57	-1.90	-1.72	-3.44	0.02	-1.80	-1.73	12.7	-18.3	-9.78	-12.1	-10.6	2.17	46.3	-3.00	-36.4	-12.1	-9.33	-13.6	-3.76	9.28	2.74	-16.9	-4.63	-11.1	-2.15	-6.44	-0.89	-1.68	-4.18	-1.08	-1.13	-64.5
Cash at period end	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	22.2	—	—	—	1.28	—	—	—	36.8	42.7	40.8	37.6	28.9	33.5	17.6	23.6	27.8	23.4	25.6	28.6	22.3	36.2	37.3	62.5	48.2	36.5	33.3	17.0	1.34	4.00	4.09	3.40	2.18	3.97	1.77	2.41	3.37	2.97	3.31	4.57	4.76	5.74	11.8	22.6	40.0	38.6	36.8	57.3	16.7

Profitability

Quarterly · %

Gross margin 30.0% Operating margin 14.2% Net margin 11.0%

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
Gross margin	22.9%	22.5%	22.7%	21.4%	24.5%	23.3%	24.1%	24.1%	25.3%	23.1%	24.1%	23.2%	23.3%	22.7%	23.2%	22.7%	23.0%	23.5%	23.7%	24.2%	22.7%	22.0%	22.1%	22.9%	24.0%	23.8%	22.6%	23.6%	22.8%	21.8%	21.2%	21.8%	15.1%	19.2%	18.1%	19.1%	5.3%	17.2%	15.6%	14.0%	9.2%	21.7%	20.5%	19.5%	19.4%	17.0%	6.7%	15.7%	14.2%	16.0%	17.0%	18.8%	19.9%	19.5%	21.9%	21.8%	21.3%	21.5%	21.0%	22.2%	23.9%	23.5%	22.7%	22.6%	30.0%
Operating margin	5.4%	4.2%	4.0%	4.3%	6.2%	4.5%	5.5%	5.6%	7.2%	4.8%	4.9%	5.0%	6.3%	5.2%	1.3%	6.0%	7.9%	6.6%	6.6%	9.2%	7.1%	7.4%	6.7%	9.0%	7.3%	6.9%	7.1%	10.0%	7.8%	8.1%	6.0%	3.4%	2.4%	1.4%	1.8%	-18.2%	-26.5%	12.6%	-6.9%	-8.4%	-48.9%	7.5%	8.3%	5.4%	5.2%	4.3%	-6.1%	4.1%	2.9%	0.5%	4.0%	2.1%	4.0%	2.0%	4.6%	2.8%	6.8%	5.8%	10.7%	-4.4%	12.2%	8.1%	7.6%	7.1%	14.2%
Net margin	3.3%	2.7%	2.6%	2.9%	4.1%	2.9%	3.5%	3.6%	4.7%	3.1%	3.1%	3.2%	4.2%	3.6%	1.0%	4.0%	5.1%	4.5%	4.1%	5.7%	4.8%	4.5%	4.3%	5.5%	5.0%	4.2%	4.5%	6.3%	5.1%	5.2%	4.8%	2.4%	1.9%	1.1%	1.3%	-13.9%	-19.9%	9.5%	-5.2%	-5.3%	-39.7%	3.7%	7.1%	4.1%	4.3%	3.2%	-5.3%	3.8%	-0.2%	0.3%	3.1%	1.5%	9.6%	0.8%	3.0%	1.7%	4.4%	4.0%	8.3%	-3.3%	9.3%	6.6%	5.6%	5.6%	11.0%

Returns & leverage

Quarterly · %

ROE 22.0% ROA 12.3% Debt ratio 47.4%

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
ROE	—	—	—	—	8.5%	8.0%	8.5%	8.9%	9.8%	10.0%	9.7%	9.4%	9.1%	9.5%	8.2%	8.8%	9.4%	9.9%	11.8%	13.0%	12.6%	12.8%	12.8%	12.4%	12.2%	11.4%	11.2%	11.1%	10.8%	11.2%	11.4%	9.2%	7.5%	5.4%	3.4%	-4.5%	-14.6%	-10.7%	-13.9%	-9.8%	-14.1%	-16.9%	-9.9%	-4.7%	13.4%	13.8%	4.7%	5.2%	1.2%	-1.5%	5.7%	3.2%	10.8%	11.2%	11.2%	11.3%	7.2%	9.4%	13.0%	9.5%	12.7%	14.3%	12.3%	18.1%	22.0%
ROA	—	—	—	—	6.3%	6.3%	6.6%	6.9%	7.5%	7.8%	7.6%	7.3%	7.0%	7.3%	6.3%	6.9%	7.4%	7.4%	8.8%	9.9%	9.8%	9.7%	9.8%	9.8%	9.9%	9.4%	9.1%	9.4%	9.2%	9.5%	9.6%	7.8%	6.4%	4.5%	2.9%	-3.8%	-12.1%	-8.8%	-11.2%	-7.8%	-10.9%	-12.8%	-7.4%	-3.2%	8.6%	8.3%	2.7%	2.9%	0.7%	-0.7%	2.8%	1.6%	5.3%	5.3%	5.8%	5.8%	3.7%	5.0%	7.3%	5.3%	7.2%	8.5%	7.5%	11.2%	12.3%
Debt ratio	—	—	—	—	21.9%	21.3%	22.2%	22.3%	23.3%	22.6%	22.1%	22.6%	21.4%	22.9%	24.6%	20.7%	20.7%	27.6%	26.0%	26.1%	23.7%	20.3%	20.3%	16.3%	15.1%	15.0%	16.9%	15.3%	14.6%	16.0%	14.8%	15.8%	15.0%	15.8%	15.8%	14.6%	19.2%	19.8%	22.4%	26.7%	26.0%	28.7%	28.6%	35.0%	43.4%	47.4%	52.1%	51.5%	51.0%	54.0%	49.6%	50.4%	51.3%	50.4%	47.3%	46.9%	45.2%	42.4%	40.4%	40.6%	40.6%	38.8%	38.4%	36.1%	47.4%

EPS

Quarterly · US$

EPS US$2.44

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
EPS（US$）	1.61	0.34	0.31	0.35	0.50	0.34	0.42	0.48	0.61	0.40	0.40	0.42	0.57	0.51	0.16	0.58	0.74	0.64	0.61	0.90	0.74	0.74	0.69	0.89	0.79	0.61	0.68	0.96	0.76	0.78	0.78	0.39	0.28	0.16	0.20	-1.97	-2.52	1.17	-0.68	-0.66	-3.23	0.49	1.13	0.67	0.81	0.61	-1.13	0.82	-0.05	0.05	0.53	0.28	1.91	0.14	0.57	0.33	0.89	0.74	1.62	-0.71	1.89	1.31	1.18	1.14	2.44

Revenue & profit

Year-to-date · In mn (USD)

Revenue 459 mn Net income 33.1 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 254 mn Total liabilities 121 mn

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

Cash flow

Year-to-date · In mn (USD)

Operating 51.5 mn Investing -3.92 mn Financing -70.9 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 24.7% Operating margin 9.3% Net margin 7.2%

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

Returns & leverage

Year-to-date · %

ROE 22.0% ROA 12.3% Debt ratio 47.4%

EPS

Year-to-date · US$

EPS US$6.07

Revenue & profit

Annual · In mn (USD)

Revenue 459 mn Net income 33.1 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	339	352	386	439	467	500	469	489	444	367	479	544	394	413	441	459
Gross profit	77.3	85.3	90.5	100	110	114	109	98.2	69.9	53.0	96.7	72.7	71.0	87.2	97.9	113
Operating income	15.9	20.3	20.3	22.3	34.4	38.1	37.3	24.5	-43.1	-34.4	31.2	6.62	10.5	17.1	26.6	42.5
Net income	10.4	13.1	13.2	15.0	22.3	24.2	23.8	17.7	-32.6	-26.8	23.1	1.85	14.8	10.5	20.1	33.1

Balance sheet

Annual · In mn (USD)

Total assets 254 mn Total liabilities 121 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	128	136	149	165	171	176	195	190	166	182	229	190	171	155	172	158
Total assets	165	182	193	210	245	247	270	284	254	237	297	269	291	274	282	254
Current liabilities	27.7	31.9	35.5	36.8	51.3	33.4	37.2	40.9	47.8	53.5	99.8	64.6	55.1	60.4	62.0	75.7
Total liabilities	36.1	42.2	41.3	43.5	57.9	37.3	39.3	42.6	48.9	61.8	129	137	149	124	115	121
Equity	129	139	151	167	187	210	231	242	205	176	168	132	142	150	168	134

Cash flow

Annual · In mn (USD)

Operating 51.5 mn Investing -3.92 mn Financing -70.9 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	13.8	8.98	5.91	16.2	3.27	54.4	26.4	27.3	6.71	18.3	-32.7	7.99	23.0	31.9	37.0	51.5
Investing	-2.67	-11.3	-6.02	-4.42	-32.6	-4.69	-29.7	-21.4	-5.17	16.8	16.1	-1.92	-4.45	-0.59	9.43	-3.92
Financing	-1.51	-1.62	-2.92	-0.58	8.40	-14.2	-4.62	-7.06	-7.05	-9.12	-30.2	-5.23	-17.4	-29.9	-11.2	-70.9
Cash at period end	—	—	—	22.2	1.28	36.8	28.9	27.8	22.3	48.2	1.34	2.18	3.37	4.76	40.0	16.7

Profitability

Annual · %

Gross margin 24.7% Operating margin 9.3% Net margin 7.2%

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	22.8%	24.2%	23.4%	22.9%	23.5%	22.7%	23.2%	20.1%	15.8%	14.5%	20.2%	13.3%	18.0%	21.1%	22.2%	24.7%
Operating margin	4.7%	5.8%	5.3%	5.1%	7.4%	7.6%	8.0%	5.0%	-9.7%	-9.4%	6.5%	1.2%	2.7%	4.1%	6.0%	9.3%
Net margin	3.1%	3.7%	3.4%	3.4%	4.8%	4.8%	5.1%	3.6%	-7.3%	-7.3%	4.8%	0.3%	3.8%	2.5%	4.6%	7.2%

Returns & leverage

Annual · %

ROE 22.0% ROA 12.3% Debt ratio 47.4%

Show table：Returns & leverage

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
ROE	8.1%	9.8%	9.1%	9.4%	12.6%	12.2%	10.8%	7.5%	-14.6%	-14.1%	13.4%	1.2%	10.8%	7.2%	12.7%	22.0%
ROA	6.3%	7.5%	7.0%	7.4%	9.8%	9.9%	9.2%	6.4%	-12.1%	-10.9%	8.6%	0.7%	5.3%	3.7%	7.2%	12.3%
Debt ratio	21.9%	23.3%	21.4%	20.7%	23.7%	15.1%	14.6%	15.0%	19.2%	26.0%	43.4%	51.0%	51.3%	45.2%	40.6%	47.4%

EPS

Annual · US$

EPS US$6.07

Show table：EPS

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
EPS（US$）	1.50	1.85	1.79	1.99	2.89	3.11	3.01	2.23	-4.13	-3.40	3.10	0.25	2.77	1.93	3.54	6.07

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
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 FLEXSTEEL INDUSTRIES INC (FLXS) 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. 3 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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