Interface (TILE) financial statements
Interface reported revenue of $1.4B in fiscal 2025, up 4.2% a year over 9 years.
Net income was $116M and the operating margin 11.8%, against 9.1% in 2016.
Free cash flow was $122M, and the company returned $4M in dividends and $18M in net buybacks.
The diluted share count fell 9% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Interface's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $959M | $996M | $1.2B | $1.3B | $1.1B | $1.2B | $1.3B | $1.3B | $1.3B | $1.4B |
| Cost of revenue | $590M | $610M | $750M | $810M | $693M | $768M | $860M | $820M | $833M | $849M |
| Gross profit | $369M | $386M | $430M | $533M | $411M | $433M | $438M | $441M | $483M | $537M |
| Research and development | $14M | $14M | $16M | $18M | $19M | $19M | $19M | $17M | $15M | $16M |
| Selling, general and admin | $262M | $267M | $333M | $389M | $333M | $324M | $324M | $339M | $349M | $373M |
| Operating income | $87M | $112M | $76M | $131M | -$39M | $105M | $75M | $105M | $134M | $164M |
| Interest expense | $6M | $7M | $15M | $26M | $29M | $30M | $30M | $32M | $23M | $20M |
| Pre-tax income | $79M | $101M | $55M | $102M | -$79M | $73M | $42M | $64M | $114M | $137M |
| Income tax | $25M | $47M | $5M | $23M | -$7M | $17M | $22M | $19M | $27M | $21M |
| Net income | $54M | $53M | $50M | $79M | -$72M | $55M | $20M | $45M | $87M | $116M |
| EPS (diluted) | $0.83 | $0.86 | $0.84 | $1.34 | -$1.23 | $0.94 | $0.33 | $0.76 | $1.48 | $1.96 |
| Diluted shares | 65M | 62M | 60M | 59M | 59M | 59M | 59M | 58M | 59M | 59M |
| Gross margin | 38.5% | 38.7% | 36.4% | 39.7% | 37.2% | 36.0% | 33.7% | 35.0% | 36.7% | 38.7% |
| Operating margin | 9.1% | 11.2% | 6.5% | 9.7% | -3.6% | 8.7% | 5.8% | 8.3% | 10.2% | 11.8% |
| Net margin | 5.7% | 5.3% | 4.3% | 5.9% | -6.5% | 4.6% | 1.5% | 3.5% | 6.6% | 8.4% |
Balance sheet
Fiscal years, from Interface's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $166M | $87M | $81M | $81M | $103M | $97M | $98M | $110M | $99M | $71M |
| Receivables | $126M | $143M | $179M | $177M | $140M | $172M | $183M | $163M | $171M | $174M |
| Inventory | $156M | $178M | $259M | $254M | $229M | $265M | $306M | $279M | $261M | $275M |
| Total current assets | $471M | $431M | $559M | $548M | $495M | $572M | $617M | $584M | $564M | $555M |
| Property, plant and equipment | $205M | $213M | $293M | $325M | $359M | $330M | $298M | $291M | $282M | $309M |
| Goodwill | $61M | $69M | $246M | $257M | $166M | $147M | $102M | $105M | $100M | $112M |
| Total assets | $835M | $801M | $1.3B | $1.4B | $1.3B | $1.3B | $1.3B | $1.2B | $1.2B | $1.2B |
| Total current liabilities | $159M | $177M | $224M | $263M | $193M | $262M | $220M | $215M | $217M | $237M |
| Long-term debt | $255M | $215M | $587M | $565M | $561M | $503M | $510M | $409M | $302M | $173M |
| Total liabilities | $495M | $471M | $930M | $1.1B | $979M | $967M | $905M | $804M | $682M | $566M |
| Shareholders' equity | $341M | $330M | $355M | $368M | $327M | $363M | $362M | $426M | $489M | $641M |
| Net debt | $105M | $143M | $538M | $515M | $474M | $421M | $423M | $307M | $204M | $110M |
Cash flow
Fiscal years, from Interface's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $98M | $103M | $92M | $142M | $119M | $87M | $43M | $142M | $148M | $168M |
| Capital spending | $28M | $30M | $55M | $75M | $63M | $28M | $18M | $26M | $34M | $46M |
| Free cash flow | $70M | $73M | $37M | $67M | $56M | $59M | $25M | $116M | $115M | $122M |
| Stock-based compensation | — | — | — | — | -$502,000 | $5M | $9M | $10M | $13M | $14M |
| Dividends paid | $14M | $15M | $15M | $15M | $6M | $2M | $2M | $2M | $2M | $4M |
| Share buybacks (net) | -$18M | -$92M | -$14M | -$25M | $0 | $0 | -$17M | $0 | $0 | -$18M |
| Free cash flow margin | 7.3% | 7.3% | 3.1% | 5.0% | 5.1% | 4.9% | 1.9% | 9.2% | 8.7% | 8.8% |
| Dividends per share | $0.22 | $0.25 | $0.26 | $0.26 | $0.10 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 |
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Open TILE in InvestinglyQuestions
What was Interface's revenue in 2025?
$1.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Interface generate?
$122M in fiscal 2025 (operating cash flow minus capital spending).
From Interface's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.