HNI Corporation (HNI) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-05 to 2026-07-04

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HNI Corporation cash flow reconciliation, Apr 5, 2026 through Jul 4, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $51,100,000.00Accounts payable and accrued expenses → Operating adjustments reconciliation: $100,300,000.00Depreciation and amortization → Operating adjustments reconciliation: $66,200,000.00Stock-based compensation → Operating adjustments reconciliation: $9,600,000.00Asset impairment charges → Operating adjustments reconciliation: $5,700,000.00Prepaid Expenses and Other → Operating adjustments reconciliation: $5,300,000.00Other – net → Operating adjustments reconciliation: $1,500,000.00Other post-retirement and post-employment benefits → Operating adjustments reconciliation: $800,000.00Deferred income taxes → Operating adjustments reconciliation: $700,000.00Remaining operating cash flows, net (calculated) → Operating adjustments reconciliation: $100,000.00Operating adjustments reconciliation → Net cash from operating activities: $88,700,000.00Operating adjustments reconciliation → Receivables: $78,600,000.00Operating adjustments reconciliation → Increase (decrease) in other liabilities: $11,400,000.00Operating adjustments reconciliation → Inventories: $10,800,000.00Operating adjustments reconciliation → Income taxes payable: $700,000.00Proceeds from sale of property, plant, and equipment → investing reconciliation: $16,900,000.00Sales or maturities of investments → investing reconciliation: $4,800,000.00Remaining investing cash flows, net (calculated) → investing reconciliation: $1,400,000.00investing reconciliation → Capital expenditures: $28,400,000.00investing reconciliation → Investment in Unconsolidated Affiliate Purchases: $700,000.00investing reconciliation → Capitalized software: $600,000.00investing reconciliation → Purchase of investments: $100,000.00Net cash used in financing activities → financing reconciliation: $100,900,000.00Proceeds from debt → financing reconciliation: $127,400,000.00Proceeds from sales of HNI Corporation common stock → financing reconciliation: $700,000.00financing reconciliation → Payments of debt: $199,300,000.00financing reconciliation → Dividends paid: $25,500,000.00financing reconciliation → Withholding related to net share settlements of equity based awards: $2,500,000.00financing reconciliation → Other – net: $1,700,000.00Net cash used in investing activities → investing reconciliation: $6,700,000.00Difference in the filed cash totals (calculated) → Cash sources and uses: $100,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $80,300,000.00Net cash from operating activities → Cash sources and uses: $139,800,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $112,600,000.00Cash sources and uses → Net cash used in investing activities: $6,700,000.00Cash sources and uses → Net cash used in financing activities: $100,900,000.00Net income: $51,100,000.00Net income+$51.10 MDepreciation and amortization: $66,200,000.00Depreciation & amortization+$66.20 MOther post-retirement and post-employment benefits: $800,000.00Pension & postretirement expense+$800.00 KStock-based compensation: $9,600,000.00Stock-based compensation+$9.60 MDeferred income taxes: $700,000.00Deferred taxes & credits+$700.00 KAsset impairment charges: $5,700,000.00Asset impairments+$5.70 MOther – net: $1,500,000.00Other non-cash items+$1.50 MReceivables: -$78,600,000.00Accounts receivable−$78.60 MInventories: -$10,800,000.00Inventories−$10.80 MPrepaid Expenses and Other: $5,300,000.00Prepaid & other assets+$5.30 MAccounts payable and accrued expenses: $100,300,000.00Payables & accrued liabilities+$100.30 MIncome taxes payable: -$700,000.00Income taxes payable−$700.00 KIncrease (decrease) in other liabilities: -$11,400,000.00Other liabilities−$11.40 MInventory step-up: $0.00Remaining operating cash flows, net (calculated): $100,000.00Remaining operating (calculated)+$100.00 KNet cash from operating activities: $139,800,000.00Operating cash+$139.80 MOperating adjustments reconciliation: $190,200,000.00Payments of debt: -$199,300,000.00Debt & capital securities repaid−$199.30 MProceeds from debt: $127,400,000.00Long-term debt issued+$127.40 MDividends paid: -$25,500,000.00Dividends paid−$25.50 MPurchase of HNI Corporation common stock: $0.00Proceeds from sales of HNI Corporation common stock: $700,000.00Common stock issued+$700.00 KWithholding related to net share settlements of equity based awards: -$2,500,000.00Stock-award tax withholding−$2.50 MOther – net: -$1,700,000.00Other financing, net−$1.70 MNet cash used in financing activities: -$100,900,000.00. Cash required to fund net payments.Financing cash−$100.90 Mfinancing reconciliation: $229,000,000.00Capital expenditures: -$28,400,000.00Capital expenditures−$28.40 MCapitalized software: -$600,000.00Software purchases−$600.00 KPurchase of investments: -$100,000.00Investment purchases−$100.00 KSales or maturities of investments: $4,800,000.00Other investment proceeds+$4.80 MInvestment in Unconsolidated Affiliate Purchases: -$700,000.00Business & affiliate purchases−$700.00 KProceeds from sale of property, plant, and equipment: $16,900,000.00PP&E sales+$16.90 MRemaining investing cash flows, net (calculated): $1,400,000.00Remaining investing (calculated)+$1.40 MNet cash used in investing activities: -$6,700,000.00. Cash required to fund net payments.Investing cash−$6.70 Minvesting reconciliation: $29,800,000.00Cash sources and uses: $220,200,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $80,300,000.00Beginning cash$80.30 MEnding cash: Cash, cash equivalents, and restricted cash: $112,600,000.00Ending cash$112.60 MDifference in the filed cash totals (calculated): $100,000.00Filer's cash difference(calculated)+$100.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income2.74×Operating cash flow ÷ net incomeNet cash change+$32.30 MEnding cash − beginning cash
Chart details

HNI Corporation cash flow reconciliation, Apr 5, 2026 through Jul 4, 2026

Cash flows for Apr 5, 2026 through Jul 4, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Apr 4, 2026. Ending cash: Jul 4, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Apr 4, 2026
80,300,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
139,800,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date, and the prior quarter's tagged operating lines do not add up to its total. It may combine inflows and outflows.
Net income
51,100,000 US dollars
Depreciation and amortization
66,200,000 US dollars
Other post-retirement and post-employment benefits
800,000 US dollars
Stock-based compensation
9,600,000 US dollars
Deferred income taxes
700,000 US dollars
Asset impairment charges
5,700,000 US dollars
Other – net
1,500,000 US dollars
Receivables
negative 78,600,000 US dollars
Inventories
negative 10,800,000 US dollars
Prepaid Expenses and Other
5,300,000 US dollars
Accounts payable and accrued expenses
100,300,000 US dollars
Income taxes payable
negative 700,000 US dollars
Increase (decrease) in other liabilities
negative 11,400,000 US dollars
Inventory step-up
0 US dollars
Remaining operating cash flows, net (calculated)
100,000 US dollars
Investing activities
negative 6,700,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Investment in Unconsolidated Affiliate Proceeds), so Net proceeds from sale of subsidiary and Other cannot be separated for this quarter. It may combine inflows and outflows.
Capital expenditures
negative 28,400,000 US dollars
Capitalized software
negative 600,000 US dollars
Purchase of investments
negative 100,000 US dollars
Sales or maturities of investments
4,800,000 US dollars
Investment in Unconsolidated Affiliate Purchases
negative 700,000 US dollars
Proceeds from sale of property, plant, and equipment
16,900,000 US dollars
Remaining investing cash flows, net (calculated)
1,400,000 US dollars
Financing activities
negative 100,900,000 US dollars. Net cash used.
Payments of debt
negative 199,300,000 US dollars
Proceeds from debt
127,400,000 US dollars
Dividends paid
negative 25,500,000 US dollars
Purchase of HNI Corporation common stock
0 US dollars
Proceeds from sales of HNI Corporation common stock
700,000 US dollars
Withholding related to net share settlements of equity based awards
negative 2,500,000 US dollars
Other – net
negative 1,700,000 US dollars
Operating adjustment reconciliation
190,200,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
229,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing displayed reconciliation
29,800,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
0 US dollars
Difference in the filed cash totals (calculated)
100,000 US dollars. Into cash; drawn as the small gray flow above beginning cash.
Ending cash on Jul 4, 2026
112,600,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
220,200,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
32,300,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.74×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $88.70M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $100.00 K: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • The filer's reported cash figures differ by $100.00 K: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
HNI Corporation (HNI) FY2026 Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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