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STEELCASE INC

steelcase.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2026 10-Q, filed Sep 26, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Jan 9, 2026.

The sections below describe the company as of the FY2025 annual report.

What Did They Do?

Sells furniture, interior architectural products and workplace services to organizations and consumers.

How Did They Make Money?

Customers buy furniture and related products, generally counted when shipped to dealers or delivered to direct buyers, sometimes after installation and acceptance; services are counted when the work is done.

FY2025 revenue

Who Were Their Customers?

Organizations buy mainly through independent and company-owned dealers, while Steelcase also sells directly to end users. Consumers buy through web-based and retail channels.

Did Revenues Turn Into Profits?

Yes. It kept 4 cents of every revenue dollar as net income in FY2025 and turned 3 cents into free cash flow.

Operating income, FY2025
5% of revenue
▲ +34% vs FY2024 ($117.8M, 4%)
Net income, FY2025
4% of revenue
▲ +49% vs FY2024 ($81.1M, 3%)
Free cash flow, FY2025
3% of revenue
▼ −61% vs FY2024 ($261.6M, 8%)

How Were They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Aug 29, 2025
Revenue
▲ +5%
vs $855.8M in Q2 FY2025
Net income
▼ −45%
vs $63.1M in Q2 FY2025
  • Dec 11, 2025 HNI completed its acquisition of Steelcase Steelcase became HNI’s wholly owned subsidiary; shareholders received cash, HNI shares, or a mix.
  • Nov 7, 2025 CEO Sara Armbruster was set to leave after the acquisition closed

Who Did They Compete With?

Competes with MillerKnoll, Haworth, and HNI

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