Flexsteel vs XMax
Flexsteel reported revenue of $459 million in fiscal 2026, 27.5 times XMax's $17 million in fiscal 2025. Flexsteel's revenue grew 4.1% in its latest year, and XMax's grew 72.6%. Flexsteel had an operating margin of 9.3%, against -11.5% at XMax. Their fiscal years end in different months (June 30 and December 31), so the periods don't line up exactly.
Side by side
| Flexsteel | XMax | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $459M | $17M |
| Revenue growth | 4.1% | 72.6% |
| Revenue growth a year, last 5 years | −0.8% | 7.9% |
| Gross margin | 24.7% | 25.0% |
| Operating margin | 9.3% | −11.5% |
| Net margin | 7.2% | −20.4% |
| Free cash flow | $48M | — |
| Free cash flow margin | 10.4% | — |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $4M | $0M |
| Change in diluted share count | −3.9% | 449.3% |
| Last close | $71.47 | $5.33 |
| P/E at the last close | 11.9× | — |
| Insider trades, last 12 months | — | — |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FlexsteelXMax
Operating margin
Percent of revenue
FlexsteelXMax
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FlexsteelXMax