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Steelcase Reports Second Quarter Fiscal 2026 Results

created: Sept. 24, 2025, 8:05 p.m. | updated: Sept. 26, 2025, 2:05 a.m.

In the prior year, Steelcase reported revenue of $855.8 million, net income of $63.1 million, or $0.53 per share, and adjusted earnings per share of $0.39. Adjusted operating income of $75.3 million in the second quarter represented an increase of $6.8 million compared to the prior year, including an improvement of $4.9 million in the International segment. Operating expenses of $247.1 million in the second quarter represented an increase of $42.0 million compared to the prior year. Other income, net of $3.0 million in the second quarter represented an improvement of $3.6 million compared to other expense, net in the prior year, primarily due to higher income from unconsolidated affiliates. Restructuring costs (benefits): Restructuring costs (benefits) may be recorded as the company's business strategies change or in response to changing market trends and economic conditions.

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