Steelcase Inc. (NYSE: SCS) Q1 2026 Earnings | 6/26/2025

29 days ago

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Inside Ticker

Earnings Calls

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Steelcase Inc. (NYSE: SCS) reported its Q1 2026 results on June 26, 2025, delivering a strong start to the fiscal year with both revenue and earnings surpassing analyst expectations. First-quarter revenue rose 7% year-over-year to $779 million, driven by robust 9% growth in the Americas region and continued demand from large corporate clients. Adjusted earnings per share came in at $0.20, a 42.86% earnings surprise versus the $0.14 consensus, while net income increased to $13.6 million ($0.11 per share) from $10.9 million ($0.09 per share) a year ago. Gross margin improved by 170 basis points to 33.9%, marking the twelfth consecutive quarter of margin expansion, and operating income jumped 45% to $25.5 million. The Americas delivered $603.6 million in revenue, fueled by strong backlogs and corporate, government, and healthcare demand, though order volume in the region dipped 1% due to softness in government and education sectors. International revenue edged up 1% to $175.4 million, with solid performances in India, the UK, and China offsetting weakness in Germany and France. CEO Sara Armbruster highlighted Steelcase’s strategic focus on workplace transformation, innovation, and customer value, noting that organizations are increasingly turning to Steelcase to create spaces that foster connection, creativity, and performance. Looking ahead, Steelcase projects Q2 2026 revenue between $860 million and $890 million, with adjusted EPS guidance of $0.36–$0.40, reflecting confidence in continued growth and operational efficiency. Outlook: Q2 2026: Projected revenue of $860–$890 million; adjusted EPS of $0.36–$0.40 Ongoing focus on workplace innovation, margin expansion, and strategic growth in core markets Continued investment in customer experience and operational efficiency About Inside Ticker: For more expert analysis and real-time updates on Steelcase Inc. (NYSE: SCS) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Steelcase #SCS #Q12026 #Earnings #OfficeFurniture #WorkplaceInnovation #FinancialResults #MarginExpansion #InvestorUpdate #InsideTicker

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