Steelcase Inc. (SCS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SCS Revenue Growth
Revenue Breakdown (FY 2021)
SCS's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
By Geography
SCS Revenue Analysis (2014–2025)
As of May 8, 2026, Steelcase Inc. (SCS) generated trailing twelve-month (TTM) revenue of $3.26 billion, reflecting modest growth of +4.8% year-over-year. The most recent quarter (Q2 2026) recorded $897.1 million in revenue, up 15.2% sequentially.
Looking at the longer-term picture, SCS's 5-year compound annual growth rate (CAGR) stands at -3.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $3.72 billion in 2020.
Revenue diversification analysis shows SCS's business is primarily driven by Other Segments (100%), and Corporate Segment (0%). With over half of revenue concentrated in Other Segments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including HNI (+42.9% YoY), MLKN (+4.3% YoY), and UFI (-5.9% YoY), SCS has underperformed the peer group in terms of revenue growth. Compare SCS vs HNI →
SCS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SCSCurrent | $3.3B | +4.8% | -3.2% | 5.0% | |
 HNI | $2.8B | +42.9% | +7.7% | 8.4% | |
 MLKN | $3.7B | +4.3% | +8.1% | 1.4% | |
 UFI | $571M | -5.9% | -1.2% | -1.7% | |
 VIRC | $266M | -16.0% | +6.9% | 10.5% | |
 FLXS | $441M | +6.4% | +3.7% | 6.0% |
SCS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.17B | +0.2% | $1.05B | 33.1% | $158.1M | 5.0% |
| 2024 | $3.16B | -2.3% | $1.01B | 32.0% | $117.8M | 3.7% |
| 2023 | $3.23B | +16.6% | $919.4M | 28.4% | $65.5M | 2.0% |
| 2022 | $2.77B | +6.8% | $761.5M | 27.5% | $20.1M | 0.7% |
| 2021 | $2.60B | -30.3% | $762.8M | 29.4% | $43.0M | 1.7% |
| 2020 | $3.72B | +8.1% | $1.22B | 32.6% | $257.0M | 6.9% |
| 2019 | $3.44B | +12.7% | $1.09B | 31.6% | $183.6M | 5.3% |
| 2018 | $3.06B | +0.8% | $1.01B | 32.9% | $156.0M | 5.1% |
| 2017 | $3.03B | -0.9% | $1.01B | 33.3% | $200.2M | 6.6% |
| 2016 | $3.06B | +0.0% | $971.2M | 31.7% | $174.6M | 5.7% |
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Start ComparisonSCS — Frequently Asked Questions
Quick answers to the most common questions about buying SCS stock.
Is SCS's revenue growth accelerating or slowing?
SCS revenue growth slowed to +4.8%, below the 5-year CAGR of -3.2%. TTM revenue is $3.3B. The deceleration marks a shift from historical growth rates.
What is SCS's long-term revenue growth rate?
Steelcase Inc.'s 5-year revenue CAGR of -3.2% reflects the variable expansion pattern. Current YoY growth of +4.8% is near this long-term average.
How is SCS's revenue distributed by segment?
SCS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.