TILEInterface Inc.
Earnings Recap
• Reported GAAP EPS of $0.42 up 13.51% YoY • Reported revenue of $349.39M up 4.29% YoY • Interface anticipates full fiscal year 2026 net sales of $1.42B to $1.46B, with adjusted gross profit margin projected between 38.5% and 39.0% of net sales. Adjusted SG&A expenses are expected to be 26.2% to 26.4% of net sales.
Bullish
Interface achieved record 2025 sales and profitability, expanding adjusted gross profit margin to 39% due to favorable pricing and efficiencies. The company also generated strong cash flow, enabling debt repayment and share repurchases.
Bearish
Interface faces intense competition from better-resourced manufacturers and risks from rising raw material costs if unable to pass them on. The company's substantial debt also poses a significant financial challenge.