Quarterly ResultAug 7, 2026, 06:46 AM
Interface Q2 Net Sales $396M, EPS $0.88; Raises Full-Year Guidance
AI Summary
Interface, Inc. reported strong second-quarter 2026 financial results, with net sales increasing 5.4% to $396 million and diluted EPS rising 60.0% to $0.88. The company's operational execution and "One Interface" strategy drove broad-based growth across all regions and product categories, particularly in Healthcare, Education, and Corporate Office. Interface also benefited from $15.6 million in IEEPA tariff refunds, contributing to a significant increase in gross profit margin. Based on this strong performance and a robust backlog, the company raised its full fiscal year 2026 guidance. An updated investor presentation was also attached.
Key Highlights
- Net sales increased 5.4% to $395.7 million in Q2 2026.
- Diluted EPS rose 60.0% to $0.88 for Q2 2026.
- Adjusted gross profit margin increased 524 basis points to 45.0%.
- Adjusted operating income grew 34.1% to $74.9 million.
- Global Healthcare billings were up 19%, with Education and Corporate Office billings up 5%.
- Full-year 2026 net sales guidance raised to $1.455 billion to $1.485 billion.
- The company received $15.6 million in IEEPA tariff refunds.
Price Impact
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