Revenue growth remains highly volatile, fluctuating between a 3.1% contraction in 2023Q4 and an 11.3% expansion in 2026Q1, while operating margins exhibit significant sensitivity to volume, peaking at 14.6% in 2025Q3.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Jan'23 | Jan'22 | Jan'21 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Feb'09 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Sales/Revenue | 1.42B | 1.39B | 1.32B | 1.26B | 1.3B | 1.2B | 1.1B | 1.34B | 1.18B | 996.44M | 958.62M | 1B | 1B | 959.99M | 932.02M | 1.06B | 961.83M | 859.89M | 1.08B | 1.08B | 1.08B | 985.77M | 881.66M | 923.51M | 924.08M | 1.1B | 1.28B | 1.23B | 1.28B | 1.14B | 1B |
| Revenue Growth % | 7.34% | 5.41% | 4.29% | -2.81% | 8.12% | 8.8% | -17.85% | 13.86% | 18.38% | 3.95% | -4.32% | -0.2% | 4.57% | 3% | -11.83% | 9.9% | 11.85% | -20.55% | 0.1% | 0.5% | 9.14% | 11.81% | -4.53% | -0.06% | -16.29% | -14.02% | 4.54% | -4.13% | 12.84% | 13.29% | 24.93% |
| Cost of Goods Sold | 867.34M | 849.47M | 832.71M | 820.43M | 860.19M | 767.66M | 692.69M | 810.06M | 749.69M | 610.42M | 589.97M | 618.97M | 663.88M | 618.88M | 614.84M | 695M | 625.07M | 576.87M | 710.3M | 703.75M | 736.25M | 681.07M | 616.3M | 670.53M | 659.91M | 787.87M | 845.32M | 800.34M | 805.1M | 717.1M | 649.2M |
| COGS % of Revenue | - | 61.25% | 63.29% | 65.04% | 66.27% | 63.95% | 62.79% | 60.32% | 63.56% | 61.26% | 61.54% | 61.78% | 66.13% | 64.47% | 65.97% | 65.75% | 64.99% | 67.09% | 65.63% | 65.09% | 68.43% | 69.09% | 69.9% | 72.61% | 71.41% | 71.37% | 65.84% | 65.16% | 62.84% | 63.16% | 64.78% |
| Gross Profit | 553.14M | 537.38M | 482.95M | 441.07M | 437.73M | 432.73M | 410.57M | 532.97M | 424.36M | 386.02M | 368.64M | 382.89M | 340.03M | 341.11M | 317.18M | 362.05M | 336.76M | 283.02M | 372.05M | 377.52M | 339.6M | 304.7M | 265.36M | 252.98M | 264.17M | 316.03M | 438.63M | 427.9M | 476M | 418.2M | 352.9M |
| Gross Margin % | 38.94% | 38.75% | 36.71% | 34.96% | 33.73% | 36.05% | 37.21% | 39.68% | 35.98% | 38.74% | 38.46% | 38.22% | 33.87% | 35.53% | 34.03% | 34.25% | 35.01% | 32.91% | 34.37% | 34.91% | 31.57% | 30.91% | 30.1% | 27.39% | 28.59% | 28.63% | 34.16% | 34.84% | 37.16% | 36.84% | 35.22% |
| Gross Profit Growth % | - | 11.27% | 9.49% | 0.76% | 1.16% | 5.4% | -22.96% | 25.59% | 9.93% | 4.71% | -3.72% | 12.61% | -0.32% | 7.54% | -12.39% | 7.51% | 18.99% | -23.93% | -1.45% | 11.17% | 11.45% | 14.82% | 4.9% | -4.24% | -16.41% | -27.95% | 2.51% | -10.1% | 13.82% | 18.5% | 26.31% |
| Operating Expenses | 380.04M | 373.38M | 348.54M | 336.55M | 362.33M | 327.94M | 449.86M | 402.06M | 353.5M | 274.45M | 281.49M | 269.3M | 269.73M | 245.48M | 252.53M | 268.61M | 240.9M | 218.32M | 330.39M | 246.26M | 262.25M | 222.7M | 204.62M | 231.31M | 225.57M | 266.99M | 348.57M | 350.34M | 361.1M | 320.4M | 274.2M |
| OpEx % of Revenue | - | 26.92% | 26.49% | 26.68% | 27.92% | 27.32% | 40.78% | 29.94% | 29.97% | 27.54% | 29.36% | 26.88% | 26.87% | 25.57% | 27.1% | 25.41% | 25.05% | 25.39% | 30.53% | 22.77% | 24.38% | 22.59% | 23.21% | 25.05% | 24.41% | 24.19% | 27.15% | 28.52% | 28.19% | 28.22% | 27.36% |
| Selling, General & Admin | 380.04M | 373.38M | 348.54M | 339.05M | 324.19M | 324.31M | 333.23M | 389.12M | 327.45M | 71.76M | 261.7M | 254.8M | 243.45M | 239.83M | 218.96M | 243.29M | 217.08M | 218.32M | 258.2M | 246.26M | 211.49M | 181.56M | 204.62M | 231.31M | 225.57M | 259.04M | 297.95M | 304.55M | 318.5M | 281.8M | 238.9M |
| SG&A % of Revenue | - | 26.92% | 26.49% | 26.88% | 24.98% | 27.02% | 30.2% | 28.97% | 27.76% | 7.2% | 27.3% | 25.43% | 24.25% | 24.98% | 23.49% | 23.02% | 22.57% | 25.39% | 23.86% | 22.77% | 19.66% | 18.42% | 23.21% | 25.05% | 24.41% | 23.47% | 23.21% | 24.8% | 24.86% | 24.82% | 23.84% |
| Research & Development | 0 | 0 | 0 | 17M | 0 | 0 | 18.6M | 17.8M | 0 | 14M | 14.3M | 14.5M | 13.9M | 12.6M | 12.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 1.35% | - | - | 1.69% | 1.33% | - | 1.41% | 1.49% | 1.45% | 1.38% | 1.31% | 1.33% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -19.5M | 38.15M | 3.62M | 98.03M | -4.85M | 26.05M | 188.69M | 5.49M | 0 | 12.39M | -6.95M | 21.17M | 25.32M | 23.82M | 0 | 72.19M | 0 | 50.76M | 41.13M | 0 | 0 | 0 | 7.95M | 50.63M | 45.79M | 42.6M | 38.6M | 35.3M |
| Operating Income | 173.1M | 164M | 134.41M | 104.52M | 75.4M | 104.8M | -39.29M | 130.9M | 76.38M | 111.57M | 87.15M | 113.59M | 70.3M | 95.63M | 64.65M | 87.26M | 92.73M | 62.99M | 41.66M | 129.39M | 99.62M | 82M | 60.74M | 15.47M | 15.16M | -1.09M | 90.06M | 77.56M | 114.9M | 97.8M | 78.7M |
| Operating Margin % | 12.19% | 11.82% | 10.22% | 8.29% | 5.81% | 8.73% | -3.56% | 9.75% | 6.48% | 11.2% | 9.09% | 11.34% | 7% | 9.96% | 6.94% | 8.26% | 9.64% | 7.33% | 3.85% | 11.97% | 9.26% | 8.32% | 6.89% | 1.68% | 1.64% | -0.1% | 7.01% | 6.31% | 8.97% | 8.61% | 7.85% |
| Operating Income Growth % | - | 22.01% | 28.59% | 38.63% | -28.05% | 366.75% | -130.01% | 71.39% | -31.54% | 28.02% | -23.28% | 61.59% | -26.49% | 47.92% | -25.92% | -5.89% | 47.2% | 51.21% | -67.8% | 29.88% | 21.49% | 35% | 292.52% | 2.1% | 1490.46% | -101.21% | 16.11% | -32.5% | 17.48% | 24.27% | 27.76% |
| EBITDA | 203.96M | 205.98M | 179.08M | 150.79M | 121.74M | 157.93M | 12.09M | 181.74M | 120.85M | 141.83M | 117.78M | 144.4M | 100.97M | 120.3M | 90.53M | 112.44M | 117.78M | 88.18M | 65.32M | 151.88M | 121.37M | 102.45M | 94.08M | 52.73M | 50.48M | 45.33M | 140.68M | 123.35M | 157.49M | 136.41M | 114M |
| EBITDA Margin % | 14.36% | 14.85% | 13.61% | 11.95% | 9.38% | 13.16% | 1.1% | 13.53% | 10.25% | 14.23% | 12.29% | 14.41% | 10.06% | 12.53% | 9.71% | 10.64% | 12.25% | 10.26% | 6.04% | 14.05% | 11.28% | 10.39% | 10.67% | 5.71% | 5.46% | 4.11% | 10.96% | 10.04% | 12.29% | 12.01% | 11.38% |
| EBITDA Growth % | 14.84% | 15.02% | 18.76% | 23.87% | -22.92% | 1206.31% | -93.35% | 50.38% | -14.79% | 20.42% | -18.43% | 43.01% | -16.07% | 32.88% | -19.49% | -4.53% | 33.56% | 35% | -56.99% | 25.14% | 18.47% | 8.9% | 78.41% | 4.45% | 11.37% | -67.78% | 14.05% | -21.67% | 15.45% | 19.65% | 25.97% |
| D&A (Non-Cash Add-back) | 30.87M | 41.99M | 44.67M | 46.27M | 46.34M | 53.14M | 51.38M | 50.84M | 44.47M | 30.26M | 30.63M | 30.8M | 30.68M | 24.67M | 25.88M | 25.18M | 25.05M | 25.19M | 23.66M | 22.49M | 21.75M | 20.45M | 33.34M | 37.26M | 35.33M | 46.42M | 50.63M | 45.79M | 42.59M | 38.6M | 35.3M |
| EBIT | 167.2M | 156.4M | 136.76M | 95.44M | 71.85M | 102.31M | -50.18M | 127.62M | 70.43M | 107.67M | 85.27M | 112.17M | 56.53M | 92.81M | 63.13M | 85.23M | 47.69M | 56.32M | 40.01M | 131.26M | 71.04M | 81.07M | 60.74M | 21.67M | 38.6M | 53.49M | 90.06M | 77.56M | 114.97M | 97.8M | 78.7M |
| Net Interest Income | -17.8M | -19.55M | -23.2M | -31.79M | -29.93M | -29.68M | -29.24M | -25.66M | -15.44M | -7.13M | -6.13M | -6.4M | -20.79M | -23.81M | -25.02M | -26.32M | -33.23M | -34.3M | -31.48M | -34.11M | -42.2M | -45.54M | -46.02M | -42.82M | 0 | 0 | -38.5M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 17.8M | 19.55M | 23.2M | 31.79M | 29.93M | 29.68M | 29.24M | 25.66M | 15.44M | 7.13M | 6.13M | 6.4M | 20.79M | 23.81M | 25.02M | 26.32M | 33.23M | 34.3M | 31.48M | 34.11M | 42.2M | 45.54M | 46.02M | 42.82M | 0 | 0 | 38.5M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -24.46M | -27.14M | -20.85M | -40.87M | -33.48M | -32.16M | -40.13M | -29.09M | -21.39M | -11.03M | -8.02M | -7.83M | -34.55M | -26.63M | -26.55M | -26.79M | -78.17M | -40.97M | 0 | -35.96M | -70.78M | -46.34M | -50.26M | -44.1M | -42.82M | -36.38M | -60.22M | -39.59M | -65.86M | -36.53M | -35.3M |
| Pretax Income | 148.63M | 136.85M | 113.55M | 63.65M | 41.92M | 72.63M | -79.42M | 101.82M | 54.99M | 100.54M | 79.14M | 105.77M | 35.74M | 69M | 38.1M | 60.61M | 14.56M | 22.02M | 7.32M | 93.43M | 28.84M | 35.53M | 10.48M | -28.63M | -27.66M | -37.47M | 29.84M | 37.97M | 49.1M | 61.3M | 43.4M |
| Pretax Margin % | 10.46% | 9.87% | 8.63% | 5.05% | 3.23% | 6.05% | -7.2% | 7.58% | 4.66% | 10.09% | 8.26% | 10.56% | 3.56% | 7.19% | 4.09% | 5.73% | 1.51% | 2.56% | 0.68% | 8.64% | 2.68% | 3.6% | 1.19% | -3.1% | -2.99% | -3.39% | 2.32% | 3.09% | 3.83% | 5.4% | 4.33% |
| Income Tax | 21.93M | 20.75M | 26.61M | 19.14M | 22.36M | 17.4M | -7.49M | 22.62M | 4.74M | 47.29M | 24.97M | 33.35M | 10.93M | 20.75M | 15.2M | 21.24M | 4.49M | 9.35M | 43.04M | 35.58M | 18.82M | 17.56M | 4.04M | -10.21M | -9.9M | -11.55M | 12.52M | 14.43M | 19.3M | 23.8M | 17M |
| Effective Tax Rate % | 14.75% | 15.16% | 23.43% | 30.06% | 53.34% | 23.95% | 9.43% | 22.21% | 8.62% | 47.04% | 31.56% | 31.53% | 30.59% | 30.07% | 39.9% | 35.04% | 30.86% | 42.46% | 587.9% | 38.08% | 65.24% | 49.43% | 38.57% | 35.69% | 35.8% | 30.82% | 41.95% | 38% | 39.31% | 38.83% | 39.17% |
| Net Income | 126.71M | 116.1M | 86.95M | 44.52M | 19.56M | 55.23M | -71.93M | 79.2M | 50.25M | 53.25M | 54.16M | 72.42M | 24.81M | 48.26M | 5.94M | 38.72M | 8.28M | 10.92M | -40.87M | -10.81M | 9.99M | 3.17M | -55.4M | -33.26M | -87.66M | -36.29M | 17.32M | 23.55M | 29.8M | 37.5M | 26.4M |
| Net Margin % | 8.92% | 8.37% | 6.61% | 3.53% | 1.51% | 4.6% | -6.52% | 5.9% | 4.26% | 5.34% | 5.65% | 7.23% | 2.47% | 5.03% | 0.64% | 3.66% | 0.86% | 1.27% | -3.78% | -1% | 0.93% | 0.32% | -6.28% | -3.6% | -9.49% | -3.29% | 1.35% | 1.92% | 2.33% | 3.3% | 2.63% |
| Net Income Growth % | 47.73% | 33.53% | 95.31% | 127.59% | -64.59% | 176.79% | -190.82% | 57.6% | -5.62% | -1.69% | -25.21% | 191.91% | -48.59% | 711.96% | -84.65% | 367.48% | -24.13% | 126.71% | -278.03% | -208.21% | 214.71% | 105.73% | -66.59% | 62.06% | -141.59% | -309.5% | -26.43% | -20.99% | -20.53% | 42.05% | 57.14% |
| Net Income (Continuing) | 126.71M | 116.1M | 86.95M | 44.52M | 19.56M | 55.23M | -71.93M | 79.2M | 50.25M | 53.25M | 54.16M | 72.42M | 24.81M | 48.26M | 22.9M | 39.38M | 10.07M | 12.67M | -35.72M | 57.85M | 10.02M | 17.97M | 6.44M | -18.41M | -17.76M | -25.92M | 17.32M | 23.55M | 29.82M | 37.51M | 26.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -655K | 0 | 0 | 0 | 0 | 0 | -14.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.08M | 7.94M | 6.97M | 5.51M | 4.41M | 4.13M | 3.46M | 4.91M | 4.44M | 5.16M | 2.01M | 1.8M | 3M | 3.1M |
| EPS (Diluted) | 2.14 | 1.96 | 1.48 | 0.75 | 0.33 | 0.93 | -1.23 | 1.34 | 0.84 | 0.86 | 0.83 | 1.10 | 0.37 | 0.73 | 0.09 | 0.59 | 0.13 | 0.17 | -0.67 | -0.18 | 0.18 | 0.02 | -1.06 | -0.66 | -1.75 | -0.72 | 0.34 | 0.45 | 0.62 | 0.39 | 0.32 |
| EPS Growth % | 47.59% | 32.43% | 97.33% | 127.27% | -64.52% | 175.61% | -191.79% | 59.52% | -2.33% | 3.61% | -24.55% | 197.3% | -49.32% | 711.11% | -84.75% | 353.85% | -23.53% | 125.37% | -272.22% | -200% | 800% | 101.89% | -60.61% | 62.29% | -143.06% | -311.76% | -24.44% | -27.42% | 58.97% | 21.88% | 39.13% |
| EPS (Basic) | - | 1.99 | 1.49 | 0.76 | 0.33 | 0.93 | -1.23 | 1.34 | 0.84 | 0.86 | 0.83 | 1.10 | 0.37 | 0.73 | 0.09 | 0.59 | 0.13 | 0.17 | -0.67 | -0.18 | 0.18 | 0.02 | -1.09 | -0.66 | -1.75 | -0.72 | 0.34 | 0.45 | 0.62 | 0.40 | 0.32 |
| Diluted Shares Outstanding | 59.17M | 59.17M | 58.87M | 58.34M | 58.87M | 58.97M | 58.55M | 58.95M | 59.57M | 62.04M | 65.14M | 66.08M | 66.45M | 66.3M | 65.9M | 65.49M | 64.26M | 63.31M | 61.44M | 61.52M | 55.71M | 52.9M | 52.17M | 50.28M | 50.19M | 50.1M | 50.94M | 52.32M | 52.61M | 98.6M | 83.45M |
| Basic Shares Outstanding | 58.43M | 58.43M | 58.28M | 58.09M | 58.87M | 58.97M | 58.55M | 58.94M | 59.54M | 62M | 65.1M | 66.03M | 66.39M | 66.19M | 65.77M | 65.29M | 63.79M | 63.21M | 61.44M | 60.57M | 54.09M | 51.55M | 50.68M | 50.28M | 50.19M | 50.1M | 50.94M | 52.32M | 48.1M | 94.83M | 82.06M |
| Dividend Payout Ratio | - | 3.07% | 2.69% | 5.22% | 12.04% | 4.28% | - | 19.39% | 30.79% | 29.09% | 26.37% | 16.41% | 37.48% | 15.09% | 99.7% | 13.5% | 32.85% | 5.81% | - | - | - | - | - | - | - | - | 53.36% | 40.15% | 28.52% | 17.16% | 25% |
Commercial real estate cyclicality
According to the provided quarterly income statements, Interface's revenue growth has fluctuated significantly, ranging from a 3.1% contraction in 2023Q4 to an 11.3% expansion in 2026Q1, reflecting the inherent lumpiness of project-based commercial flooring demand across the company's primary Americas and European markets.
The inconsistent top-line performance suggests that Interface remains highly sensitive to the timing of large-scale commercial renovations and institutional construction cycles. While the 11.3% growth in the most recent quarter is encouraging, investors should monitor whether this represents a sustainable recovery or merely the timing of project completions.
Based on reported financial data, Interface has maintained gross margins within a relatively tight band of 35.4% to 39.4% over the last ten quarters, demonstrating a degree of pricing power despite the company's exposure to volatile petrochemical-derived raw material costs like nylon and vinyl.
The ability to sustain margins near the 39% level during periods of fluctuating revenue suggests that the company's premium positioning and modular product strategy provide a buffer against input cost inflation. However, the lack of consistent expansion indicates that the company may be limited in its ability to fully pass through cost increases in a competitive bidding environment.
As indicated by the income statement history, operating margins have swung from a low of 7.8% in 2025Q1 to a peak of 14.6% in 2025Q3, highlighting that Interface's profitability is highly sensitive to volume fluctuations due to its fixed-cost manufacturing footprint.
The data suggests that the company struggles to achieve consistent operating leverage, as SG&A expenses do not always scale linearly with revenue growth. This volatility implies that even minor shifts in commercial office utilization rates can have an outsized impact on the company's bottom-line profitability.
Based on the provided figures, Interface consistently records stock-based compensation expenses ranging from $2.6 million to $4.1 million per quarter, which serves as a recurring non-cash drag on net income and warrants careful consideration when evaluating the company's true operational profitability.
While the company has maintained positive net income throughout the observed period, the presence of these recurring equity-based charges suggests that reported EPS may slightly overstate the cash-generative capacity of the core business. Investors should monitor whether these compensation levels remain aligned with long-term shareholder value creation.
Quick answers to the most common questions about buying TILE stock.
For fiscal year 2025, Interface, Inc. (TILE) reported total revenue of $1.39B. This represents a 38.4% increase compared to $1.00B in 1996.
Interface, Inc. (TILE) is profitable, generating $116.1M in net income for the fiscal year ending 2025 with a net profit margin of 8.4%.
Interface, Inc. (TILE) reported an operating income of $164.0M, resulting in an operating profit margin of 11.8%. This margin reflects the operational efficiency of the business before interest and taxes.
Interface, Inc. (TILE) generated $537.4M in gross profit for the year, representing a gross profit margin of 38.7%. This demonstrates the company's core pricing power and production efficiency.