Earnings Releases·Nov 6, 2026, 6:44 AM ET

Interface — Third Quarter 2026 Earnings Summary

Net sales rose 0.6% year-over-year to $366.7 million, while adjusted earnings per diluted share increased 11.5% to $0.68, driven by an 116 basis point expansion in gross profit margin to 40.6%.
Full fiscal year 2026 adjusted earnings guidance was reaffirmed, though net sales, gross margin, SG&A, and tax rate outlooks were revised downward to reflect softer European conditions and tariff impacts.
Balance sheet strength improved significantly with net debt declining 55.4% year-over-year to $49.1 million, resulting in a net leverage ratio of 0.2x.
Global billings grew across all segments, with Healthcare up 5% and AMS currency-neutral orders up 6.2%, offsetting a 6.8% decline in EAAA currency-neutral orders.
Management cited disciplined execution and the "One Interface" strategy as key drivers for outperforming the industry despite inflationary pressures and potential tariff cost increases.