Quarterly ResultMay 8, 2026, 06:41 AM
Interface Q1 Net Sales $331M, EPS $0.40; Raises FY26 Guidance
AI Summary
Interface, Inc. reported strong first quarter 2026 financial results, with net sales reaching $331 million, an 11.3% increase year-over-year, and adjusted earnings per diluted share growing 64% to $0.41. The company attributed this performance to consistent execution and momentum from its "One Interface" strategy, with broad-based growth across all product categories and key market segments. Following the strong Q1, Interface raised its full-year 2026 guidance for net sales and adjusted gross profit margin, reflecting confidence in continued growth and operational efficiencies.
Key Highlights
- Q1 2026 Net Sales totaled $331 million, up 11.3% year-over-year and 6.8% currency neutral.
- Q1 2026 GAAP earnings per diluted share were $0.40, while Adjusted EPS was $0.41, up 64% YoY.
- Q1 2026 GAAP Net Income was $23.6 million, up 81.6% YoY; Adjusted Net Income was $23.9 million, up 63.4% YoY.
- Q1 2026 Adjusted Gross Profit Margin increased 55 basis points year-over-year to 38.3%.
- Q1 2026 Adjusted Operating Income was $32.7 million, up 28.6% YoY.
- Currency-neutral orders increased 8.0% year-over-year globally, with AMS up 6.2% and EAAA up 11.2%.
- Full-year 2026 Net Sales guidance raised to $1.450-$1.480 billion from $1.420-$1.460 billion.
- Full-year 2026 Adjusted Gross Profit Margin guidance raised to 38.8%-39.0% from 38.5%-39.0% of net sales.