HNI Corporation (HNI) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-04 to 2026-07-04

Swipe to see the full flow
HNI Corporation cash flow reconciliation, Jan 4, 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.Proceeds from debt → financing reconciliation: $315,400,000.00Proceeds from sales of HNI Corporation common stock → financing reconciliation: $1,400,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $100,000.00financing reconciliation → Net cash from financing activities: $6,400,000.00financing reconciliation → Payments of debt: $236,700,000.00financing reconciliation → Dividends paid: $52,100,000.00financing reconciliation → Withholding related to net share settlements of equity based awards: $20,500,000.00financing reconciliation → Other – net: $1,200,000.00Proceeds from sale of property, plant, and equipment → investing reconciliation: $18,500,000.00Net proceeds from sale of subsidiary → investing reconciliation: $8,800,000.00Sales or maturities of investments → investing reconciliation: $6,200,000.00Other → investing reconciliation: $700,000.00investing reconciliation → Capital expenditures: $62,400,000.00investing reconciliation → Investment in Unconsolidated Affiliate Purchases: $46,400,000.00investing reconciliation → Purchase of investments: $2,800,000.00investing reconciliation → Capitalized software: $2,300,000.00investing reconciliation → Remaining investing cash flows, net (calculated): $100,000.00Net cash used in operating activities → operating reconciliation: $32,000,000.00Net income → operating reconciliation: $12,300,000.00Depreciation and amortization → operating reconciliation: $141,400,000.00Inventory step-up → operating reconciliation: $31,300,000.00Stock-based compensation → operating reconciliation: $27,700,000.00Asset impairment charges → operating reconciliation: $15,200,000.00Deferred income taxes → operating reconciliation: $10,100,000.00Other post-retirement and post-employment benefits → operating reconciliation: $1,700,000.00Other – net → operating reconciliation: $900,000.00operating reconciliation → Accounts payable and accrued expenses: $84,500,000.00operating reconciliation → Receivables: $59,400,000.00operating reconciliation → Prepaid Expenses and Other: $55,400,000.00operating reconciliation → Increase (decrease) in other liabilities: $43,800,000.00operating reconciliation → Inventories: $26,400,000.00operating reconciliation → Income taxes payable: $3,100,000.00Net cash used in investing activities → investing reconciliation: $79,800,000.00Difference in the filed cash totals (calculated) → Cash sources and uses: $100,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $217,900,000.00Net cash from financing activities → Cash sources and uses: $6,400,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $112,600,000.00Cash sources and uses → Net cash used in investing activities: $79,800,000.00Cash sources and uses → Net cash used in operating activities: $32,000,000.00Net income: $12,300,000.00Net income+$12.30 MDepreciation and amortization: $141,400,000.00Depreciation & amortization+$141.40 MOther post-retirement and post-employment benefits: $1,700,000.00Pension & postretirement expense+$1.70 MStock-based compensation: $27,700,000.00Stock-based compensation+$27.70 MDeferred income taxes: $10,100,000.00Deferred taxes & credits+$10.10 MAsset impairment charges: $15,200,000.00Asset impairments+$15.20 MOther – net: $900,000.00Other non-cash items+$900.00 KReceivables: -$59,400,000.00Accounts receivable−$59.40 MInventories: -$26,400,000.00Inventories−$26.40 MPrepaid Expenses and Other: -$55,400,000.00Prepaid & other assets−$55.40 MAccounts payable and accrued expenses: -$84,500,000.00Payables & accrued liabilities−$84.50 MIncome taxes payable: -$3,100,000.00Income taxes payable−$3.10 MIncrease (decrease) in other liabilities: -$43,800,000.00Other liabilities−$43.80 MInventory step-up: $31,300,000.00Inventory step-up amort.+$31.30 MLoss on sale of subsidiary: $0.00Net cash used in operating activities: -$32,000,000.00. Cash required to fund net payments.Operating cash−$32.00 Moperating reconciliation: $272,600,000.00Payments of debt: -$236,700,000.00Debt & capital securities repaid−$236.70 MProceeds from debt: $315,400,000.00Long-term debt issued+$315.40 MDividends paid: -$52,100,000.00Dividends paid−$52.10 MPurchase of HNI Corporation common stock: -$0.00Proceeds from sales of HNI Corporation common stock: $1,400,000.00Common stock issued+$1.40 MWithholding related to net share settlements of equity based awards: -$20,500,000.00Stock-award tax withholding−$20.50 MOther – net: -$1,200,000.00Other financing, net−$1.20 MRemaining financing cash flows, net (calculated): $100,000.00Remaining financing (calculated)+$100.00 KNet cash from financing activities: $6,400,000.00Financing cash+$6.40 Mfinancing reconciliation: $316,900,000.00Capital expenditures: -$62,400,000.00Capital expenditures−$62.40 MCapitalized software: -$2,300,000.00Software purchases−$2.30 MPurchase of investments: -$2,800,000.00Investment purchases−$2.80 MSales or maturities of investments: $6,200,000.00Other investment proceeds+$6.20 MInvestment in Unconsolidated Affiliate Purchases: -$46,400,000.00Business & affiliate purchases−$46.40 MProceeds from sale of property, plant, and equipment: $18,500,000.00PP&E sales+$18.50 MNet proceeds from sale of subsidiary: $8,800,000.00Subsidiary sales, net+$8.80 MNet proceeds from sale of subsidiary: $0.00Other: $700,000.00Other investing, net+$700.00 KRemaining investing cash flows, net (calculated): -$100,000.00Remaining investing (calculated)−$100.00 KNet cash used in investing activities: -$79,800,000.00. Cash required to fund net payments.Investing cash−$79.80 Minvesting reconciliation: $114,000,000.00Cash sources and uses: $224,400,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $217,900,000.00Beginning cash$217.90 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 RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flowNot availableCash flow / Net income−2.60×Operating cash flow ÷ net incomeNet cash change−$105.30 MEnding cash − beginning cash
Chart details

HNI Corporation cash flow reconciliation, Jan 4, 2026 through Jul 4, 2026

Cash flows for Jan 4, 2026 through Jul 4, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jan 3, 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 Jan 3, 2026
217,900,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 32,000,000 US dollars. Net cash used.
Net income
12,300,000 US dollars
Depreciation and amortization
141,400,000 US dollars
Other post-retirement and post-employment benefits
1,700,000 US dollars
Stock-based compensation
27,700,000 US dollars
Deferred income taxes
10,100,000 US dollars
Asset impairment charges
15,200,000 US dollars
Other – net
900,000 US dollars
Receivables
negative 59,400,000 US dollars
Inventories
negative 26,400,000 US dollars
Prepaid Expenses and Other
negative 55,400,000 US dollars
Accounts payable and accrued expenses
negative 84,500,000 US dollars
Income taxes payable
negative 3,100,000 US dollars
Increase (decrease) in other liabilities
negative 43,800,000 US dollars
Inventory step-up
31,300,000 US dollars
Loss on sale of subsidiary
0 US dollars
Investing activities
negative 79,800,000 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. It may combine inflows and outflows.
Capital expenditures
negative 62,400,000 US dollars
Capitalized software
negative 2,300,000 US dollars
Purchase of investments
negative 2,800,000 US dollars
Sales or maturities of investments
6,200,000 US dollars
Investment in Unconsolidated Affiliate Purchases
negative 46,400,000 US dollars
Proceeds from sale of property, plant, and equipment
18,500,000 US dollars
Net proceeds from sale of subsidiary
8,800,000 US dollars
Net proceeds from sale of subsidiary
0 US dollars
Other
700,000 US dollars
Remaining investing cash flows, net (calculated)
negative 100,000 US dollars
Financing activities
6,400,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Payments of debt
negative 236,700,000 US dollars
Proceeds from debt
315,400,000 US dollars
Dividends paid
negative 52,100,000 US dollars
Purchase of HNI Corporation common stock
0 US dollars
Proceeds from sales of HNI Corporation common stock
1,400,000 US dollars
Withholding related to net share settlements of equity based awards
negative 20,500,000 US dollars
Other – net
negative 1,200,000 US dollars
Remaining financing cash flows, net (calculated)
100,000 US dollars
Operating adjustment reconciliation
272,600,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
316,900,000 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.
investing displayed reconciliation
114,000,000 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
224,400,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 105,300,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−2.60×. 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 or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • 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 YTD Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!