Interface Inc. (TILE) financial statements: income statement, balance sheet and cash flow
Interface Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 28, 2025 · FY), Interface Inc. reported revenue of $1.4B (+5.4% year on year) and net income of $116.1M (+33.5% year on year).
Income statement
Interface Inc. income statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Net sales
$1.4B
$1.3B
$1.3B
$1.3B
Cost of sales
$849.5M
$832.7M
$820.4M
$860.2M
Gross profit
$537.4M
$482.9M
$441.1M
$437.7M
Selling, general and administrative expenses
$373.4M
$348.5M
$339.0M
$324.2M
Restructuring, asset impairment, other (gains) and charges
$0
$0
($2.5M)
$2.0M
Operating income
$164.0M
$134.4M
$104.5M
$75.4M
Interest expense
$19.5M
$23.2M
$31.8M
$29.9M
Other expense (income), net
$7.6M
($2.4M)
$9.1M
$3.6M
Income before income tax expense
$136.9M
$113.6M
$63.7M
$41.9M
Income Tax Expense (Benefit)
$20.8M
$26.6M
$19.1M
$22.4M
Net income
$116.1M
$86.9M
$44.5M
$19.6M
Earnings per share – basic (in dollars per share)
$1.99
$1.49
$0.77
$0.33
Earnings per share – diluted (in dollars per share)
$1.96
$1.48
$0.76
$0.33
Common shares outstanding – basic (in shares)
58.4M
58.3M
58.1M
58.9M
Common shares outstanding – diluted (in shares)
59.2M
58.9M
58.3M
58.9M
Interface Inc. income statement, quarters
Line item
Jul 5, 2026 · Q2
Apr 5, 2026 · Q1
Sep 28, 2025 · Q3
Jun 29, 2025 · Q2
Net sales
$395.7M
$331.0M
$364.5M
$375.5M
Cost of sales
$217.6M
$204.3M
$220.9M
$227.5M
Gross profit
$178.1M
$126.7M
$143.6M
$148.0M
Selling, general and administrative expenses
$103.2M
$94.4M
$90.3M
$95.9M
Operating income
$74.9M
$32.3M
$53.4M
$52.0M
Interest expense, net
$2.4M
$2.7M
$4.2M
$4.4M
Other expense, net
$1.7M
$774.0K
$659.0K
$3.4M
Income before income tax expense
$70.8M
$28.9M
$48.5M
$44.2M
Income tax expense
$19.4M
$5.3M
$2.3M
$11.6M
Net income
$51.4M
$23.6M
$46.1M
$32.6M
Earnings per share – basic (in dollars per share)
$0.89
$0.41
$0.79
$0.56
Earnings per share – diluted (in dollars per share)
$0.88
$0.40
$0.78
$0.55
Common shares outstanding – basic (in shares)
57.9M
58.1M
58.4M
58.6M
Common shares outstanding – diluted (in shares)
58.3M
59.0M
59.1M
59.1M
Balance sheet
Interface Inc. balance sheet, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Cash and cash equivalents
$71.3M
$99.2M
$110.5M
$97.6M
Accounts receivable, net
$174.5M
$171.1M
$163.4M
$182.8M
Inventories, net
$275.0M
$260.6M
$279.1M
$306.3M
Prepaid expenses and other current assets
$34.0M
$33.4M
$30.9M
$30.3M
Total current assets
$554.8M
$564.3M
$583.9M
$617.0M
Property, plant and equipment, net
$309.4M
$282.4M
$291.1M
$298.0M
Operating lease right-of-use assets
$78.2M
$76.8M
$87.5M
$81.6M
Deferred tax assets
$25.3M
$24.6M
$21.7M
$17.8M
Goodwill
$112.1M
$99.9M
$105.4M
—
Intangible assets, net
$50.9M
$48.3M
$56.3M
—
Other assets
$75.8M
$74.5M
$84.2M
$89.9M
Total assets
$1.2B
$1.2B
$1.2B
$1.3B
Accounts payable
$64.8M
$68.9M
$62.9M
$78.3M
Accrued expenses
$147.8M
$135.0M
$130.9M
$120.1M
Current portion of operating lease liabilities
$15.7M
$12.3M
$12.3M
$11.9M
Current portion of long-term debt
$8.8M
$482.0K
$8.6M
$10.2M
Total current liabilities
$237.1M
$216.7M
$214.7M
$220.5M
Long-term debt
$172.8M
$302.3M
$408.6M
$510.0M
Operating lease liabilities
$67.2M
$68.1M
$78.3M
$72.3M
Deferred income taxes
$23.4M
$31.8M
$33.8M
$38.7M
Other long-term liabilities
$65.4M
$62.8M
$68.7M
$63.5M
Total liabilities
$565.8M
$681.7M
$804.1M
$905.0M
Preferred stock, par value $1.00 per share; $5,000 shares authorized; none issued or outstanding at December 28, 2025 and December 29, 2024
$0.00
$0.00
$0.00
$0.00
Common stock, par value $0.10 per share; 120,000 shares authorized; 57,891 and 58,304 shares issued and outstanding at December 28, 2025 and December 29, 2024, respectively
$5789000.00
$5830000.00
$5811000.00
$5811000.00
Additional paid-in capital
$248.9M
$261.0M
$252.9M
$244.2M
Retained earnings
$518.0M
$405.4M
$320.8M
$278.6M
Accumulated other comprehensive loss – foreign currency translation
($92.7M)
($143.3M)
($119.6M)
($138.8M)
Accumulated other comprehensive loss – pension liability
($39.3M)
($39.8M)
($34.0M)
($27.5M)
Total shareholders’ equity
$640.7M
$489.1M
$425.9M
$361.5M
Total liabilities and shareholders’ equity
$1.2B
$1.2B
$1.2B
$1.3B
Interface Inc. balance sheet, quarters
Line item
Jul 5, 2026
Apr 5, 2026
Sep 28, 2025
Jun 29, 2025
Cash and cash equivalents
$81.5M
$61.2M
$187.4M
$121.7M
Accounts receivable, net
$210.0M
$163.3M
$187.1M
$194.3M
Inventories, net
$291.6M
$294.2M
$286.8M
$288.2M
Prepaid expenses and other current assets
$42.5M
$43.5M
$33.8M
$39.0M
Total current assets
$625.6M
$562.3M
$695.1M
$643.1M
Property, plant and equipment, net
$313.5M
$311.2M
$294.1M
$291.8M
Operating lease right-of-use assets
$69.9M
$73.4M
$77.6M
$80.6M
Deferred tax assets
$24.8M
$24.9M
$25.3M
$25.4M
Goodwill and intangible assets, net
$158.5M
$159.7M
$162.1M
$162.8M
Other assets
$77.9M
$74.3M
$76.3M
$74.5M
Total assets
$1.3B
$1.2B
$1.3B
$1.3B
Accounts payable
$87.1M
$88.1M
$77.8M
$86.6M
Accrued expenses
$137.1M
$119.7M
$148.4M
$122.8M
Current portion of operating lease liabilities
$14.5M
$14.7M
$13.6M
$13.6M
Current portion of long-term debt
$8.8M
$8.8M
$507.0K
$506.0K
Total current liabilities
$247.5M
$231.3M
$240.2M
$223.5M
Long-term debt
$195.6M
$187.7M
$307.3M
$303.9M
Operating lease liabilities
$60.1M
$63.2M
$68.7M
$71.5M
Deferred income taxes
$23.2M
$23.2M
$25.9M
$36.6M
Other long-term liabilities
$65.6M
$65.8M
$67.5M
$67.6M
Total liabilities
$591.9M
$571.2M
$709.6M
$703.2M
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at July 5, 2026 and December 28, 2025
$0.00
$0.00
$0.00
$0.00
Common stock, par value $0.10 per share; 120,000 shares authorized; 57,800 and 57,891 shares issued and outstanding at July 5, 2026 and December 28, 2025, respectively
$5780000.00
$5805000.00
$5839000.00
$5839000.00
Additional paid-in capital
$223.8M
$228.0M
$258.0M
$255.8M
Retained earnings
$589.4M
$539.7M
$494.8M
$449.8M
Accumulated other comprehensive loss – foreign currency translation
($102.5M)
($101.0M)
($96.4M)
($94.0M)
Accumulated other comprehensive loss – pension liability
($38.1M)
($37.9M)
($41.3M)
($42.3M)
Total shareholders’ equity
$678.4M
$634.6M
$621.0M
$575.0M
Total liabilities and shareholders’ equity
$1.3B
$1.2B
$1.3B
$1.3B
Cash flow statement
Interface Inc. cash flow statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Net income
$116.1M
$86.9M
$44.5M
$19.6M
Depreciation and amortization
$38.9M
$39.3M
$40.8M
$40.3M
Share-based compensation expense
$14.4M
$12.9M
$10.3M
$8.5M
Loss (gain) on disposal of property, plant and equipment, net
$0
$264.0K
($2.3M)
—
Loss on foreign subsidiary liquidation
$0
$2.2M
$6.2M
—
Bad debt expense
$1.4M
$1.5M
$53.0K
$26.0K
Deferred income taxes
($13.0M)
($3.0M)
—
$13.4M
Other
($4.7M)
($8.5M)
($8.8M)
$0
Amortization of acquired intangible assets
$3.1M
$5.2M
$5.2M
$5.0M
Loss on debt extinguishment
$2.4M
—
—
—
Accounts receivable
$4.6M
($13.9M)
$21.8M
($17.5M)
Inventories
$2.1M
$10.5M
$31.0M
($49.7M)
Prepaid expenses and other current assets
$590.0K
($3.1M)
($302.0K)
$7.0M
Accounts payable and accrued expenses
$1.9M
$18.2M
($6.4M)
($24.2M)
Cash provided by operating activities
$167.9M
$148.4M
$142.0M
$43.1M
Capital expenditures
($46.2M)
($33.8M)
($26.1M)
($18.4M)
Proceeds from sale of property, plant and equipment
$0
$1.0M
$6.6M
—
Cash used in investing activities
($46.2M)
($30.4M)
($19.5M)
($18.4M)
Term loan borrowings
$170.0M
—
—
—
Revolving loan borrowings
$41.7M
$34.2M
$90.0M
$206.0M
Revolving loan repayments
($35.5M)
($34.2M)
($114.4M)
($189.3M)
Senior notes repayment
($300.0M)
—
—
—
Term loan repayments
($390.0K)
($115.2M)
($80.9M)
($13.2M)
Repurchase of common stock
($18.2M)
$0
$0
($17.2M)
Dividends paid
($3.6M)
($2.3M)
($2.3M)
($2.4M)
Tax withholding payments for share-based compensation
($8.4M)
($4.8M)
($1.5M)
($402.0K)
Payments for debt extinguishment costs
($620.0K)
—
—
$0
Debt issuance costs
($1.3M)
$0
$0
($1.0M)
Finance lease payments
($3.1M)
($2.9M)
($2.4M)
($2.1M)
Cash used in financing activities
($159.3M)
($125.2M)
($111.6M)
($19.5M)
Net cash (used in) provided by operating, investing and financing activities
($37.6M)
($7.2M)
$11.0M
$5.1M
Effect of exchange rate changes on cash
$9.7M
($4.1M)
$2.0M
($4.8M)
Net (decrease) increase
($27.9M)
($11.3M)
$12.9M
$312.0K
Balance, beginning of year
$99.2M
$110.5M
$97.6M
$97.3M
Balance, end of year
$71.3M
$99.2M
$110.5M
$97.6M
Proceeds from Insurance Settlement, Investing Activities
$0
$2.4M
—
—
Interface Inc. cash flow statement, quarters
Line item
Jul 5, 2026 · YTD
Apr 5, 2026 · Q1
Sep 28, 2025 · YTD
Jun 29, 2025 · YTD
Net income
$75.0M
$23.6M
$91.7M
$45.6M
Depreciation and amortization
$19.8M
$9.9M
$29.2M
$19.2M
Share-based compensation expense
$9.6M
$5.0M
$10.5M
$6.9M
Deferred income taxes
$890.0K
$677.0K
($10.3M)
$254.0K
Amortization of acquired intangible assets
$0
$0
$3.1M
$2.6M
Other
($4.1M)
$461.0K
($1.5M)
$1.1M
Accounts receivable
($36.5M)
$10.5M
($8.6M)
($14.7M)
Inventories
($19.3M)
($21.2M)
($10.9M)
($12.1M)
Prepaid expenses and other current assets
($8.8M)
($9.7M)
$743.0K
($4.4M)
Accounts payable and accrued expenses
$15.3M
($5.7M)
$14.7M
($2.6M)
Cash provided by operating activities
$51.9M
$13.5M
$118.6M
$41.9M
Capital expenditures
($22.5M)
($10.3M)
($25.5M)
($14.8M)
Cash used in investing activities
($22.5M)
($10.3M)
($25.5M)
($14.8M)
Borrowings of long-term debt
$92.8M
$41.8M
$4.6M
$1.3M
Repayments of long-term debt
($70.3M)
($27.1M)
($380.0K)
($253.0K)
Repurchases of common stock
($20.8M)
($12.0M)
($5.1M)
($4.3M)
Tax withholding payments for share-based compensation
($14.0M)
($13.9M)
($8.4M)
($7.7M)
Dividends paid
($3.6M)
($138.0K)
($2.4M)
($1.2M)
Finance lease payments
($1.9M)
($983.0K)
($2.3M)
($1.5M)
Cash used in financing activities
($17.8M)
($12.4M)
($14.0M)
($13.7M)
Net cash provided by operating, investing and financing activities