Interface Inc 8-K, filed Nov 6, 2026
Interface Inc (TILE)
8-K
2026-11-06
For: 2026-11-06
View Original
Added on
November 06, 2026
About this 8-K
Interface Inc filed this 8-K on November 6, 2026.
Interface Inc. reported third-quarter net sales of $366.7 million, up 0.6%, and adjusted diluted EPS of $0.68, up 11.5%. It reaffirmed full-year earnings guidance but lowered its net sales outlook to $1.440 to $1.455 billion from $1.455 to $1.485 billion. AI summary
Items reported
- Item 2.02: Financial results
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): November 6, 2026
(Exact name of Registrant as Specified in its Charter)
| (State or other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip code) | ||||||||||
Registrant’s telephone number, including area code: (770 ) 437-6800
Not Applicable
(Former name or former address, if changed since last report)
Securities Registered Pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition
On November 6, 2026, Interface, Inc. (the “Company”) issued a press release reporting its financial results for the third quarter of 2026 (the “Earnings Release”). A copy of the Earnings Release is included as Exhibit 99.1 hereto and hereby incorporated by reference. The information set forth in this Item 2.02, including the exhibit hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
Non-GAAP Financial Measures in the Earnings Release
The Earnings Release includes, as additional information for investors, the Company’s adjusted earnings per share, adjusted net income, adjusted operating income ("AOI"), adjusted gross profit, adjusted gross profit margin, adjusted selling, general and administrative (“SG&A”) expenses, currency neutral sales and currency neutral sales growth, net debt, and adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”). These measures are not in accordance with financial measures calculated in accordance with generally accepted accounting principles in the United States (“GAAP”) and may be different from similarly titled non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be used as a substitute for, or considered superior to, GAAP financial measures.
Adjusted EPS, adjusted net income, and AOI exclude restructuring, asset impairment, severance, and other, net and the nora purchase accounting amortization. Adjusted EPS and adjusted net income also exclude the warehouse fire recovery and deferred taxes - rate changes and other. Adjusted gross profit and adjusted gross profit margin exclude the nora purchase accounting amortization. Adjusted SG&A expenses exclude restructuring, asset impairment, severance, and other, net.
Currency neutral sales and currency neutral sales growth exclude the impact of foreign currency fluctuations. Net debt is total debt less cash on hand. Adjusted EBITDA is GAAP net income excluding interest expense, income tax expense, depreciation and amortization, share-based compensation expense, restructuring, asset impairment, severance, and other, net, the nora purchase accounting amortization, and a warehouse fire recovery.
Because the Company engages in acquisitions only episodically, and not as an everyday matter, the Company believes presenting certain measures excluding the effects of acquisitions facilitates focus on normal ongoing operations. The Company also believes presenting sales information absent the effect of foreign currency exchange rate fluctuations facilitates comparison of the Company’s operational performance between periods.
The Company generally believes reporting its adjusted results helps investors’ understanding of historical operating trends, because it facilitates comparison of current and prior periods during which one or more unique events may have occurred. The Company also believes that adjusted results provide supplemental information for comparisons to other companies which may not have experienced the same events underlying the adjustments. Furthermore, the Company uses adjusted results internally as supplemental information to evaluate its own performance, for planning purposes and in connection with its compensation programs.
Item 7.01 Regulation FD Disclosure
Management of Interface, Inc. (the “Company”) has updated the slide presentation which may be used in whole or in part in meetings with and presentations to investors and potential investors. A copy of the slide presentation is attached as Exhibit 99.2.
The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description | ||||
| 99.1 | |||||
| 99.2 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INTERFACE, INC. | |||||
| By: | /s/ Bruce A. Hausmann | ||||
| Bruce A. Hausmann | |||||
| Chief Financial Officer | |||||
| Date: November 6, 2026 | |||||
FOR IMMEDIATE RELEASE
Media Contact: Christine Needles Global Corporate Communications Christine.Needles@interface.com +1 404-491-4660 | Investor Contact: Bruce Hausmann Chief Financial Officer Bruce.Hausmann@interface.com +1 770-437-6802 | ||||
Interface Reports Third Quarter 2026 Results
Disciplined execution drives earnings growth; Company reaffirms full year earnings guidance
ATLANTA – November 6, 2026 – Interface, Inc. (Nasdaq: TILE), the global flooring and sustainability leader, today announced results for the third quarter ended October 4, 2026.
Third quarter highlights (all comparisons are year-over-year):
•Net sales totaled $366.7 million, up 0.6% and up 0.4% currency neutral.
•GAAP earnings per diluted share of $0.67, a 14.1% decrease; Adjusted earnings per diluted share of $0.68, an 11.5% increase.
•One Interface strategy continues to drive shareholder value.
“Our third quarter results reflect the strength of our diversified portfolio and the effectiveness of our One Interface strategy. Global billings grew across all three primary market segments, led by Healthcare, which increased 5% on top of 29% growth in the prior-year quarter, while Education and Corporate Office each grew in the low single digits," commented Laurel Hurd, CEO of Interface.
"We continue to outperform the broader industry. Momentum in the Americas, disciplined execution, and continued progress on our One Interface strategy helped offset softer conditions in EMEA in the quarter. With our ongoing investments in innovation, productivity, and operational efficiency, we remain confident in our ability to drive growth, expand margins, and create value for our stakeholders,” continued Hurd.
“Our operating discipline enabled us to drive adjusted earnings growth ahead of our expectations, even with modest net sales growth in the quarter as certain Retail and nora deliveries shifted into future periods. We are reaffirming our full-year earnings outlook and remain confident in the strength of our business. Our backlog is solid, our balance sheet is healthy, and we remain focused on margin expansion and cost discipline. Together, these position us to deliver long-term, sustainable growth," added Bruce Hausmann, CFO of Interface.
1
| Consolidated Results Summary (Unaudited) | Three Months Ended | Nine Months Ended | |||||||||||||||||||||
| (in millions, except percentages and per share data) | 10/4/2026 | 9/28/2025 | Change | 10/4/2026 | 9/28/2025 | Change | |||||||||||||||||
| GAAP | |||||||||||||||||||||||
| Net Sales | $ | 366.7 | $ | 364.5 | 0.6 | % | $ | 1,093.5 | $ | 1,037.5 | 5.4 | % | |||||||||||
| Gross Profit Margin % of Net Sales | 40.6 | % | 39.4 | % | 116 bps | 41.5 | % | 38.8 | % | 267 bps | |||||||||||||
| SG&A Expenses | $ | 92.4 | $ | 90.3 | 2.4 | % | $ | 290.0 | $ | 273.9 | 5.9 | % | |||||||||||
| SG&A Expenses % of Net Sales | 25.2 | % | 24.8 | % | 44 bps | 26.5 | % | 26.4 | % | 12 bps | |||||||||||||
| Operating Income | $ | 56.3 | $ | 53.4 | 5.5 | % | $ | 163.6 | $ | 128.6 | 27.1 | % | |||||||||||
| Net Income | $ | 39.2 | $ | 46.1 | (15.0) | % | $ | 114.2 | $ | 91.7 | 24.6 | % | |||||||||||
| Earnings per Diluted Share | $ | 0.67 | $ | 0.78 | (14.1) | % | $ | 1.95 | $ | 1.55 | 25.8 | % | |||||||||||
| Non-GAAP | |||||||||||||||||||||||
| Currency-Neutral Net Sales | $ | 366.0 | $ | 364.5 | 0.4 | % | $ | 1,073.6 | $ | 1,037.5 | 3.5 | % | |||||||||||
| Adjusted Gross Profit Margin % of Net Sales | 40.6 | % | 39.5 | % | 103 bps | 41.5 | % | 39.1 | % | 238 bps | |||||||||||||
| Adjusted SG&A Expenses | $ | 91.5 | $ | 90.0 | 1.7 | % | $ | 288.7 | $ | 270.1 | 6.9 | % | |||||||||||
| Adjusted SG&A Expenses % of Net Sales | 25.0 | % | 24.7 | % | 28 bps | 26.4 | % | 26.0 | % | 36 bps | |||||||||||||
| Adjusted Operating Income | $ | 57.2 | $ | 54.1 | 5.7 | % | $ | 164.9 | $ | 135.5 | 21.7 | % | |||||||||||
| Adjusted Net Income | $ | 39.9 | $ | 35.9 | 11.1 | % | $ | 115.3 | $ | 85.9 | 34.1 | % | |||||||||||
| Adjusted Earnings per Diluted Share | $ | 0.68 | $ | 0.61 | 11.5 | % | $ | 1.97 | $ | 1.45 | 35.9 | % | |||||||||||
| Adjusted EBITDA | $ | 69.3 | $ | 66.2 | 4.7 | % | $ | 203.8 | $ | 168.1 | 21.3 | % | |||||||||||
| Currency-Neutral Orders Increase Year-Over-Year | 0.8 | % | |||||||||||||||||||||
•Third quarter 2026 adjusted gross profit margin increased 103 basis points year-over-year as favorable pricing and product mix combined with manufacturing efficiencies were partially offset by higher raw material and tariff-related costs. | |||||||||||||||||||||||
•Third quarter 2026 adjusted SG&A expenses increased $1.5 million year-over-year due to higher inflation and marketing costs. | |||||||||||||||||||||||
| Additional Metrics | 10/4/2026 | 12/28/2025 | Change | ||||||||||||||||||||
| Cash | $ | 81.1 | $ | 71.3 | 13.7 | % | |||||||||||||||||
| Total Debt | $ | 130.2 | $ | 181.6 | (28.3) | % | |||||||||||||||||
| Total Debt Minus Cash ("Net Debt") | $ | 49.1 | $ | 110.3 | (55.4) | % | |||||||||||||||||
| Last 12-Months Adjusted EBITDA | $ | 253.6 | |||||||||||||||||||||
| Total Debt divided by Last 12-Months Net Income | 0.9x | ||||||||||||||||||||||
| Net Debt divided by Last 12-Months Adjusted EBITDA ("Net Leverage Ratio") | 0.2x | ||||||||||||||||||||||
2
| Segment Results Summary (Unaudited) | Three Months Ended | Nine Months Ended | ||||||||||||||||||||||||
| (in millions, except percentages) | 10/4/2026 | 9/28/2025 | Change | 10/4/2026 | 9/28/2025 | Change | ||||||||||||||||||||
| AMS | ||||||||||||||||||||||||||
| Net Sales | $ | 219.4 | $ | 218.6 | 0.3 | % | $ | 662.7 | $ | 638.0 | 3.9 | % | ||||||||||||||
| Currency-Neutral Net Sales | $ | 219.6 | $ | 218.6 | 0.5 | % | $ | 662.4 | $ | 638.0 | 3.8 | % | ||||||||||||||
| Operating Income | $ | 41.2 | $ | 40.4 | 1.8 | % | $ | 126.1 | $ | 108.4 | 16.3 | % | ||||||||||||||
| Adjusted Operating Income | $ | 41.2 | $ | 40.5 | 1.9 | % | $ | 126.1 | $ | 109.2 | 15.5 | % | ||||||||||||||
| Currency-Neutral Orders Increase Year-Over-Year | 6.2 | % | ||||||||||||||||||||||||
| EAAA | ||||||||||||||||||||||||||
| Net Sales | $ | 147.4 | $ | 145.9 | 1.0 | % | $ | 430.8 | $ | 399.5 | 7.8 | % | ||||||||||||||
| Currency-Neutral Net Sales | $ | 146.4 | $ | 145.9 | 0.3 | % | $ | 411.2 | $ | 399.5 | 2.9 | % | ||||||||||||||
| Operating Income | $ | 15.1 | $ | 12.9 | 17.0 | % | $ | 37.5 | $ | 20.2 | 85.5 | % | ||||||||||||||
| Adjusted Operating Income | $ | 16.0 | $ | 13.7 | 17.0 | % | $ | 38.8 | $ | 26.3 | 47.3 | % | ||||||||||||||
| Currency-Neutral Orders Decrease Year-Over-Year | (6.8) | % | ||||||||||||||||||||||||
3
Outlook
Interface is reaffirming its full fiscal year earnings guidance on strong operational execution, while revising its full fiscal year net sales outlook to reflect softer conditions in Europe. With that backdrop in mind, Interface anticipates the following:
| Full Fiscal Year 2026 Outlook | Previous Full Fiscal Year 2026 Outlook | |||||||||||||
| Net sales | $1.440 to $1.455 billion | $1.455 to $1.485 billion | ||||||||||||
| Adjusted gross profit margin | 40.4% of net sales | 40.6% of net sales | ||||||||||||
| Adjusted SG&A expenses | $387 million | $395 million | ||||||||||||
| Adjusted interest & other expenses | $14 million | $15 million | ||||||||||||
| Adjusted effective income tax rate | 25.0% | 26.0% | ||||||||||||
| Capital expenditures | $60 million | $60 million | ||||||||||||
| Fully diluted weighted average share count | 58.5 million shares | 58.6 million shares | ||||||||||||
| Note: All figures are approximate and guidance includes $15.6 million of IEEPA tariff refunds received in Q2 2026 | ||||||||||||||
4
Webcast and Conference Call Information
Interface will host a conference call on November 6, 2026, at 8:00 a.m. Eastern Time, to discuss its third quarter 2026 results. The conference call will be simultaneously broadcast live over the Internet.
Listeners may access the conference call live over the Internet at:
https://events.q4inc.com/attendee/214821063, or through the Company's website at: https://investors.interface.com.
The archived version of the webcast will be available at these sites for one year beginning approximately one hour after the call ends.
Non-GAAP Financial Measures
Interface provides adjusted earnings per share, adjusted net income, adjusted operating income ("AOI"), adjusted gross profit, adjusted gross profit margin, adjusted SG&A expenses, currency- neutral sales and currency-neutral sales growth, net debt, and adjusted EBITDA as additional information regarding its operating results in this press release. These non-GAAP measures are not in accordance with – or alternatives to – GAAP measures, and may be different from non-GAAP measures used by other companies. Adjusted EPS, adjusted net income, and AOI exclude restructuring, asset impairment, severance, and other, net and the nora purchase accounting amortization. Adjusted EPS and adjusted net income also exclude the warehouse fire recovery and deferred taxes - rate changes and other. Adjusted gross profit and adjusted gross profit margin exclude the nora purchase accounting amortization. Adjusted SG&A expenses exclude restructuring, asset impairment, severance, and other, net. Currency-neutral sales and currency-neutral sales growth exclude the impact of foreign currency fluctuations.
Net debt is total debt less cash on hand. Adjusted EBITDA is GAAP net income excluding interest expense, income tax expense, depreciation and amortization, share-based compensation expense, restructuring, asset impairment, severance, and other, net, the nora purchase accounting amortization, and a warehouse fire recovery. This news release should be read in conjunction with the Company's Current Report on Form 8-K furnished today to the U.S. Securities & Exchange Commission, which explains why Interface believes presentation of these non-GAAP measures provides useful information to investors, as well as any additional material purposes for which Interface uses these non-GAAP measures.
About Interface
Interface is a global flooring and sustainability leader dedicated to rethinking how spaces work for people and the planet. Our portfolio includes Interface® carpet tile and LVT, nora® rubber flooring, and FLOR® premium area rugs. Across every brand, we innovate in a way that combines design, performance, and sustainability—without compromise.
Trusted by architects, designers, and building professionals worldwide, we help bring bold visions to life with solutions that deliver real, measurable impact. Building on more than 30 years of sustainability progress and industry‑first innovation, we remain ‘all in’ on our goal of becoming carbon negative by 2040, without the use of offsets.
Learn more about Interface (NASDAQ: TILE) and our brands at interface.com and FLOR.com. Join us on Facebook, Instagram, LinkedIn, and Pinterest.
5
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Except for historical information contained herein, the other matters set forth in this news release are forward-looking statements. Forward-looking statements may be identified by words such as “may,” “expect,” “forecast,” “anticipate,” “intend,” “plan,” “believe,” “could,” “should,” “goal,” “aim," “objective,” “seek,” “project,” “estimate,” “target,” “will” and similar expressions. Forward-looking statements in this press release include, without limitation, any projections we make regarding the Company’s full year 2026 under “Outlook” above. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including but not limited to the risks under the following subheadings in “Risk Factors” in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2025: "We compete with a large number of manufacturers in the highly competitive floorcovering products market, and some of these competitors have greater financial resources than we do. We may face challenges competing on price, making investments in our business, or competing on product design or sustainability", "Our earnings could be adversely affected by non-cash adjustments to goodwill, when a test of goodwill assets indicates a material impairment of those assets", "Our success depends significantly upon the efforts, abilities and continued service of our senior management executives, our principal design consultant and other key personnel (including experienced sales and manufacturing personnel), and our loss of any of them could affect us adversely", "Changes in foreign trade policies and tariffs may adversely impact our business, financial condition, and results of operations", "Large increases in the cost of our raw materials, shipping costs, duties or tariffs could adversely affect us if we are unable to offset them or pass these cost increases through to our customers", "Unanticipated termination or interruption of any of our arrangements with our primary third-party suppliers of synthetic fiber or our primary third-party supplier for luxury vinyl tile (“LVT”) or other key raw materials could have a material adverse effect on us", "Changes to our facilities, manufacturing processes, product construction, and product composition could disrupt our operations, increase our manufacturing costs, increase customer complaints, increase warranty claims, negatively affect our reputation, and have a material adverse effect on our financial condition and results of operations", "Our business operations could suffer significant losses from natural disasters, acts of war, terrorism, catastrophes, fire, adverse weather conditions, pandemics, endemics, unstable geopolitical situations or other unexpected events", "The market price of our common stock has been volatile and the value of your investment may decline", "Sales of our principal products have been and may continue to be affected by adverse economic conditions and cycles, and effects in the new construction market and renovation market", "Disruptions to or failures of information technology systems we use could adversely affect our business", "The impact of potential changes to environmental laws and regulations and industry standards regarding climate change and other sustainability matters could lead to unforeseen disruptions to our business operations", "Public health crisis events, such as epidemics or pandemics, have in the past adversely impacted, and may in the future impact, the economy and disrupt our operations and supply chains, which may have an adverse effect on our results of operations", "Our substantial international operations are subject to various political, economic and other uncertainties that could adversely affect our business results, including restrictive taxation, custom duties, tariffs, border closings or other adverse government regulations", "The conflicts between Russia and Ukraine and in the Middle East could adversely affect our business, results of operations and financial position", "Fluctuations in foreign currency exchange rates have had, and could continue to have, an adverse impact on our financial condition and results of operations", "We have a substantial amount of debt, which could adversely affect our business, financial condition and results of operations and our ability to meet our payment obligations under our debt", "Servicing our debt requires a significant amount of cash, and we may not have sufficient cash flow from our operations to pay our indebtedness", "We may incur substantial additional indebtedness, which could further exacerbate the risks associated with our substantial indebtedness", and "We face risks associated with litigation and claims".
You should consider any additional or updated information we include under the heading “Risk Factors” in our subsequent quarterly and annual reports.
Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company assumes no responsibility to update or revise forward-looking statements made in this press release and cautions readers not to place undue reliance on any such forward-looking statements.
- TABLES FOLLOW -
6
| Consolidated Condensed Statements of Operations (Unaudited) | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||||||||||
| (In thousands, except per share data) | 10/4/2026 | 9/28/2025 | 10/4/2026 | 9/28/2025 | |||||||||||||||||||||||||||||||
| Net Sales | $ | 366,736 | $ | 364,526 | $ | 1,093,471 | $ | 1,037,461 | |||||||||||||||||||||||||||
| Cost of Sales | 217,991 | 220,894 | 639,921 | 634,889 | |||||||||||||||||||||||||||||||
| Gross Profit | 148,745 | 143,632 | 453,550 | 402,572 | |||||||||||||||||||||||||||||||
| Selling, General & Administrative Expenses | 92,436 | 90,272 | 289,995 | 273,938 | |||||||||||||||||||||||||||||||
| Operating Income | 56,309 | 53,360 | 163,555 | 128,634 | |||||||||||||||||||||||||||||||
| Interest Expense, net | 2,246 | 4,211 | 7,285 | 13,069 | |||||||||||||||||||||||||||||||
| Other Expense, net | 1,131 | 659 | 3,622 | 5,773 | |||||||||||||||||||||||||||||||
| Income Before Income Tax Expense | 52,932 | 48,490 | 152,648 | 109,792 | |||||||||||||||||||||||||||||||
| Income Tax Expense | 13,712 | 2,344 | 38,410 | 18,083 | |||||||||||||||||||||||||||||||
| Net Income | $ | 39,220 | $ | 46,146 | $ | 114,238 | $ | 91,709 | |||||||||||||||||||||||||||
| Earnings Per Share – Basic | $ | 0.68 | $ | 0.79 | $ | 1.97 | $ | 1.57 | |||||||||||||||||||||||||||
| Earnings Per Share – Diluted | $ | 0.67 | $ | 0.78 | $ | 1.95 | $ | 1.55 | |||||||||||||||||||||||||||
Common Shares Outstanding – Basic | 57,800 | 58,371 | 57,943 | 58,453 | |||||||||||||||||||||||||||||||
Common Shares Outstanding – Diluted | 58,376 | 59,134 | 58,565 | 59,155 | |||||||||||||||||||||||||||||||
7
| Consolidated Condensed Balance Sheets (Unaudited) | |||||||||||
| (In thousands) | 10/4/2026 | 12/28/2025 | |||||||||
| Assets | |||||||||||
| Cash and Cash Equivalents | $ | 81,077 | $ | 71,323 | |||||||
| Accounts Receivable, net | 176,715 | 174,457 | |||||||||
| Inventories, net | 305,382 | 275,014 | |||||||||
Other Current Assets | 43,296 | 34,048 | |||||||||
Total Current Assets | 606,470 | 554,842 | |||||||||
| Property, Plant and Equipment, net | 311,902 | 309,449 | |||||||||
| Operating Lease Right-of-Use Assets | 90,513 | 78,191 | |||||||||
| Goodwill and Intangibles Assets, net | 156,065 | 163,012 | |||||||||
Other Assets | 102,593 | 101,028 | |||||||||
Total Assets | $ | 1,267,543 | $ | 1,206,522 | |||||||
| Liabilities | |||||||||||
Accounts Payable | $ | 88,812 | $ | 64,768 | |||||||
| Accrued Expenses | 152,904 | 147,770 | |||||||||
Current Portion of Operating Lease Liabilities | 13,096 | 15,748 | |||||||||
Current Portion of Long-Term Debt | 8,791 | 8,778 | |||||||||
Total Current Liabilities | 263,603 | 237,064 | |||||||||
Long-Term Debt | 121,422 | 172,801 | |||||||||
Operating Lease Liabilities | 81,744 | 67,205 | |||||||||
Other Long-Term Liabilities | 87,228 | 88,778 | |||||||||
Total Liabilities | 553,997 | 565,848 | |||||||||
Shareholders’ Equity | 713,546 | 640,674 | |||||||||
Total Liabilities and Shareholders’ Equity | $ | 1,267,543 | $ | 1,206,522 | |||||||
8
| Consolidated Condensed Statements of Cash Flows (Unaudited) | Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||||
| (In thousands) | 10/4/2026 | 9/28/2025 | 10/4/2026 | 9/28/2025 | |||||||||||||||||||||||||
| OPERATING ACTIVITIES | |||||||||||||||||||||||||||||
| Net Income | $ | 39,220 | $ | 46,146 | $ | 114,238 | $ | 91,709 | |||||||||||||||||||||
| Adjustments to Reconcile Net Income to Cash Provided by Operating Activities: | |||||||||||||||||||||||||||||
| Depreciation and Amortization | 10,005 | 9,936 | 29,801 | 29,166 | |||||||||||||||||||||||||
| Share-Based Compensation Expense | 3,368 | 3,624 | 13,007 | 10,541 | |||||||||||||||||||||||||
| Amortization of Acquired Intangible Assets | — | 467 | — | 3,073 | |||||||||||||||||||||||||
| Deferred Taxes | 139 | (10,575) | 1,029 | (10,321) | |||||||||||||||||||||||||
| Other | (1,235) | (2,620) | (5,358) | (1,509) | |||||||||||||||||||||||||
| Change in Working Capital | |||||||||||||||||||||||||||||
| Accounts Receivable | 32,061 | 6,129 | (4,469) | (8,610) | |||||||||||||||||||||||||
| Inventories | (15,570) | 1,189 | (34,897) | (10,912) | |||||||||||||||||||||||||
| Prepaid Expenses and Other Current Assets | (1,068) | 5,151 | (9,840) | 743 | |||||||||||||||||||||||||
| Accounts Payable and Accrued Expenses | 19,379 | 17,282 | 34,676 | 14,716 | |||||||||||||||||||||||||
| Cash Provided by Operating Activities | 86,299 | 76,729 | 138,187 | 118,596 | |||||||||||||||||||||||||
| INVESTING ACTIVITIES | |||||||||||||||||||||||||||||
| Capital Expenditures | (9,080) | (10,656) | (31,607) | (25,477) | |||||||||||||||||||||||||
| Cash Used in Investing Activities | (9,080) | (10,656) | (31,607) | (25,477) | |||||||||||||||||||||||||
| FINANCING ACTIVITIES | |||||||||||||||||||||||||||||
| Repayments of Long-term Debt | (83,219) | (127) | (153,502) | (380) | |||||||||||||||||||||||||
| Borrowings of Long-term Debt | 9,005 | 3,273 | 101,768 | 4,579 | |||||||||||||||||||||||||
| Repurchases of Common Stock | — | (857) | (20,795) | (5,143) | |||||||||||||||||||||||||
| Tax Withholding Payments for Share-Based Compensation | — | (636) | (13,990) | (8,372) | |||||||||||||||||||||||||
| Dividends Paid | (1,734) | (1,170) | (5,355) | (2,397) | |||||||||||||||||||||||||
| Finance Lease Payments | (933) | (738) | (2,855) | (2,282) | |||||||||||||||||||||||||
| Cash Used in Financing Activities | (76,881) | (255) | (94,729) | (13,995) | |||||||||||||||||||||||||
| Net Cash Provided by Operating, Investing and Financing Activities | 338 | 65,818 | 11,851 | 79,124 | |||||||||||||||||||||||||
| Effect of Exchange Rate Changes on Cash | (789) | (164) | (2,097) | 9,005 | |||||||||||||||||||||||||
| CASH AND CASH EQUIVALENTS | |||||||||||||||||||||||||||||
| Net Change During the Period | (451) | 65,654 | 9,754 | 88,129 | |||||||||||||||||||||||||
| Balance at Beginning of Period | 81,528 | 121,701 | 71,323 | 99,226 | |||||||||||||||||||||||||
| Balance at End of Period | $ | 81,077 | $ | 187,355 | $ | 81,077 | $ | 187,355 | |||||||||||||||||||||
9
Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures (Unaudited)
(In millions, except per share amounts)
| Third Quarter 2026 | Third Quarter 2025 | ||||||||||||||||||||||||||||||||||||||||||||||
| Adjustments | Adjustments | ||||||||||||||||||||||||||||||||||||||||||||||
| Gross Profit | SG&A Expenses | Operating Income (Loss) | Pre-tax | Tax Effect | Net Income (Loss) | Diluted EPS | Gross Profit | SG&A Expenses | Operating Income (Loss) | Pre-tax | Tax Effect | Net Income (Loss) | Diluted EPS | ||||||||||||||||||||||||||||||||||
| GAAP As Reported | $ | 148.7 | $ | 92.4 | $ | 56.3 | $ | 39.2 | $ | 0.67 | $ | 143.6 | $ | 90.3 | $ | 53.4 | $ | 46.1 | $ | 0.78 | |||||||||||||||||||||||||||
| Non-GAAP Adjustments: | |||||||||||||||||||||||||||||||||||||||||||||||
| Purchase Accounting Amortization | — | — | — | — | — | — | — | 0.5 | — | 0.5 | 0.5 | (0.1) | 0.3 | 0.01 | |||||||||||||||||||||||||||||||||
| Restructuring, Asset Impairment, Severance, and Other, net | — | (0.9) | 0.9 | 0.9 | (0.2) | 0.7 | 0.01 | — | (0.3) | 0.3 | 0.3 | (0.1) | 0.2 | — | |||||||||||||||||||||||||||||||||
Warehouse Fire Recovery (1) | — | — | — | — | — | — | — | — | — | — | (0.6) | 0.1 | (0.4) | (0.01) | |||||||||||||||||||||||||||||||||
Deferred Taxes - Rate Changes and Other (2) | — | — | — | — | — | — | — | — | — | — | — | (10.4) | (10.4) | (0.18) | |||||||||||||||||||||||||||||||||
| Adjustments Subtotal * | — | (0.9) | 0.9 | 0.9 | (0.2) | 0.7 | 0.01 | 0.5 | (0.3) | 0.8 | 0.2 | (10.5) | (10.2) | (0.17) | |||||||||||||||||||||||||||||||||
| Adjusted (non-GAAP) * | $ | 148.7 | $ | 91.5 | $ | 57.2 | $ | 39.9 | $ | 0.68 | $ | 144.1 | $ | 90.0 | $ | 54.1 | $ | 35.9 | $ | 0.61 | |||||||||||||||||||||||||||
| (1) Represents insurance recovery of loss recognized in the second quarter of 2020. | |||||||||||||||||||||||||||||||||||||||||||||||
| (2) In July 2025, Germany enacted tax legislation to reduce the German corporate income tax rate by 1% annually from 2028 to 2032. This resulted in a review and remeasurement of the Company's German deferred tax assets and liabilities and a non-cash credit to income tax expense in the third quarter of 2025. | |||||||||||||||||||||||||||||||||||||||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components. | |||||||||||||||||||||||||||||||||||||||||||||||
10
| First Nine Months 2026 | First Nine Months 2025 | ||||||||||||||||||||||||||||||||||||||||||||||
| Adjustments | Adjustments | ||||||||||||||||||||||||||||||||||||||||||||||
| Gross Profit | SG&A Expenses | Operating Income (Loss) | Pre-tax | Tax Effect | Net Income (Loss) | Diluted EPS | Gross Profit | SG&A Expenses | Operating Income (Loss) | Pre-tax | Tax Effect | Net Income (Loss) | Diluted EPS | ||||||||||||||||||||||||||||||||||
| GAAP As Reported | $ | 453.6 | $ | 290.0 | $ | 163.6 | $ | 114.2 | $ | 1.95 | $ | 402.6 | $ | 273.9 | $ | 128.6 | $ | 91.7 | $ | 1.55 | |||||||||||||||||||||||||||
| Non-GAAP Adjustments: | |||||||||||||||||||||||||||||||||||||||||||||||
| Purchase Accounting Amortization | — | — | — | — | — | — | — | 3.1 | — | 3.1 | 3.1 | (0.9) | 2.2 | 0.04 | |||||||||||||||||||||||||||||||||
| Restructuring, Asset Impairment, Severance, and Other, net | — | (1.3) | 1.3 | 1.3 | (0.3) | 1.0 | 0.02 | — | (3.8) | 3.8 | 3.8 | (1.0) | 2.8 | 0.05 | |||||||||||||||||||||||||||||||||
Warehouse Fire Recovery (1) | — | — | — | — | — | — | — | — | — | — | (0.6) | 0.1 | (0.4) | (0.01) | |||||||||||||||||||||||||||||||||
Deferred Taxes - Rate Changes and Other (2) | — | — | — | — | — | — | — | — | — | — | — | (10.4) | (10.4) | (0.18) | |||||||||||||||||||||||||||||||||
| Adjustments Subtotal * | — | (1.3) | 1.3 | 1.3 | (0.3) | 1.0 | 0.02 | 3.1 | (3.8) | 6.9 | 6.3 | (12.1) | (5.8) | (0.10) | |||||||||||||||||||||||||||||||||
| Adjusted (non-GAAP) * | $ | 453.6 | $ | 288.7 | $ | 164.9 | $ | 115.3 | $ | 1.97 | $ | 405.6 | $ | 270.1 | $ | 135.5 | $ | 85.9 | $ | 1.45 | |||||||||||||||||||||||||||
| (1) Represents insurance recovery of loss recognized in the second quarter of 2020. | |||||||||||||||||||||||||||||||||||||||||||||||
| (2) In July 2025, Germany enacted tax legislation to reduce the German corporate income tax rate by 1% annually from 2028 to 2032. This resulted in a review and remeasurement of the Company's German deferred tax assets and liabilities and a non-cash credit to income tax expense in the third quarter of 2025. | |||||||||||||||||||||||||||||||||||||||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components. | |||||||||||||||||||||||||||||||||||||||||||||||
11
Reconciliation of Segment GAAP Financial Measures to Non-GAAP Financial Measures ("Currency-Neutral Net Sales", and "AOI")
(In millions)
| Third Quarter 2026 | Third Quarter 2025 | ||||||||||||||||||||||
| AMS Segment | EAAA Segment | Consolidated * | AMS Segment | EAAA Segment | Consolidated * | ||||||||||||||||||
| Net Sales as Reported (GAAP) | $ | 219.4 | $ | 147.4 | $ | 366.7 | $ | 218.6 | $ | 145.9 | $ | 364.5 | |||||||||||
| Impact of Changes in Currency | 0.3 | (1.0) | (0.7) | — | — | — | |||||||||||||||||
| Currency-Neutral Net Sales * | $ | 219.6 | $ | 146.4 | $ | 366.0 | $ | 218.6 | $ | 145.9 | $ | 364.5 | |||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components | |||||||||||||||||||||||
| First Nine Months 2026 | First Nine Months 2025 | ||||||||||||||||||||||
| AMS Segment | EAAA Segment | Consolidated * | AMS Segment | EAAA Segment | Consolidated * | ||||||||||||||||||
| Net Sales as Reported (GAAP) | $ | 662.7 | $ | 430.8 | $ | 1,093.5 | $ | 638.0 | $ | 399.5 | $ | 1,037.5 | |||||||||||
| Impact of Changes in Currency | (0.3) | (19.6) | (19.9) | — | — | — | |||||||||||||||||
| Currency-Neutral Net Sales * | $ | 662.4 | $ | 411.2 | $ | 1,073.6 | $ | 638.0 | $ | 399.5 | $ | 1,037.5 | |||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components | |||||||||||||||||||||||
12
| Third Quarter 2026 | Third Quarter 2025 | |||||||||||||||||||||||||
| AMS Segment | EAAA Segment | Consolidated * | AMS Segment | EAAA Segment | Consolidated * | |||||||||||||||||||||
| GAAP Operating Income | $ | 41.2 | $ | 15.1 | $ | 56.3 | $ | 40.4 | $ | 12.9 | $ | 53.4 | ||||||||||||||
| Non-GAAP Adjustments: | ||||||||||||||||||||||||||
| Purchase Accounting Amortization | — | — | — | — | 0.5 | 0.5 | ||||||||||||||||||||
| Restructuring, Asset Impairment, Severance, and Other, net | 0.1 | 0.9 | 0.9 | — | 0.3 | 0.3 | ||||||||||||||||||||
| Adjustments Subtotal * | 0.1 | 0.9 | 0.9 | — | 0.7 | 0.8 | ||||||||||||||||||||
| AOI * | $ | 41.2 | $ | 16.0 | $ | 57.2 | $ | 40.5 | $ | 13.7 | $ | 54.1 | ||||||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components | ||||||||||||||||||||||||||
| First Nine Months 2026 | First Nine Months 2025 | ||||||||||||||||||||||
| AMS Segment | EAAA Segment | Consolidated * | AMS Segment | EAAA Segment | Consolidated * | ||||||||||||||||||
| GAAP Operating Income | $ | 126.1 | $ | 37.5 | $ | 163.6 | $ | 108.4 | $ | 20.2 | $ | 128.6 | |||||||||||
| Non-GAAP Adjustments: | |||||||||||||||||||||||
| Purchase Accounting Amortization | — | — | — | — | 3.1 | 3.1 | |||||||||||||||||
| Restructuring, Asset Impairment, Severance, and Other, net | 0.1 | 1.3 | 1.3 | 0.8 | 3.0 | 3.8 | |||||||||||||||||
| Adjustments Subtotal * | 0.1 | 1.3 | 1.3 | 0.8 | 6.1 | 6.9 | |||||||||||||||||
| AOI * | $ | 126.1 | $ | 38.8 | $ | 164.9 | $ | 109.2 | $ | 26.3 | $ | 135.5 | |||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components | |||||||||||||||||||||||
13
| (in millions) | Third Quarter 2026 | Third Quarter 2025 | First Nine Months 2026 | First Nine Months 2025 | Last Twelve Months (LTM) Ended 10/4/2026 | Fiscal Year 2025 | |||||||||||||||||||||||||||||||||||||||||
| Net Income as Reported (GAAP) | $ | 39.2 | $ | 46.1 | $ | 114.2 | $ | 91.7 | $ | 138.6 | $ | 116.1 | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | 13.7 | 2.3 | 38.4 | 18.1 | 41.1 | 20.8 | |||||||||||||||||||||||||||||||||||||||||
Interest Expense (including debt issuance cost amortization) | 2.2 | 4.2 | 7.3 | 13.1 | 13.8 | 19.5 | |||||||||||||||||||||||||||||||||||||||||
Depreciation and Amortization (excluding debt issuance cost amortization) | 9.9 | 9.7 | 29.5 | 28.3 | 39.0 | 37.9 | |||||||||||||||||||||||||||||||||||||||||
| Share-based Compensation Expense | 3.4 | 3.6 | 13.0 | 10.5 | 16.9 | 14.4 | |||||||||||||||||||||||||||||||||||||||||
| Purchase Accounting Amortization | — | 0.5 | — | 3.1 | — | 3.1 | |||||||||||||||||||||||||||||||||||||||||
| Restructuring, Asset Impairment, Severance, and Other, net | 0.9 | 0.3 | 1.3 | 3.8 | 4.2 | 6.7 | |||||||||||||||||||||||||||||||||||||||||
Warehouse Fire Recovery(1) | — | (0.6) | — | (0.6) | — | (0.6) | |||||||||||||||||||||||||||||||||||||||||
| Adjusted Earnings before Interest, Taxes, Depreciation and Amortization (AEBITDA)* | $ | 69.3 | $ | 66.2 | $ | 203.8 | $ | 168.1 | $ | 253.6 | $ | 217.9 | |||||||||||||||||||||||||||||||||||
| (1) Represents insurance recovery of loss recognized in the second quarter of 2020. | |||||||||||||||||||||||||||||||||||||||||||||||
| * Note: Sum of reconciling items may differ from total due to rounding of individual components | |||||||||||||||||||||||||||||||||||||||||||||||
| As of 10/4/26 | |||||
| Total Debt, net | $ | 130.2 | |||
| Total Cash on Hand | (81.1) | ||||
| Total Debt, Net of Cash on Hand (Net Debt) | $ | 49.1 | |||
The impacts of changes in foreign currency presented in the tables are calculated based on applying the prior year period's average foreign currency exchange rates to the current year period.
The Company believes that the above non-GAAP performance measures, which management uses in managing and evaluating the Company’s business, may provide users of the Company’s financial information with additional meaningful basis for comparing the Company’s current results and results in a prior period, as these measures reflect factors that are unique to one period relative to the comparable period. However, these non‑GAAP performance measures should be viewed in addition to, and not as an alternative for, the Company’s reported results under accounting principles generally accepted in the United States. Tax effects identified above (when applicable) are calculated using the statutory tax rate for the jurisdictions in which the charge or income occurred.
# # #
14
Interface: A differentiated global flooring leader Purpose-driven growth with disciplined execution 50+ year history INVESTOR UPDATE | NOVEMBER 2026
2 This presentation contains forward-looking statements, including, in particular, statements about Interface’s plans, strategies and prospects. These are based on the Company’s current assumptions, expectations and projections about future events. Although Interface believes that the expectations reflected in these forward- looking statements are reasonable, the Company can give no assurance that these expectations will prove to be correct or that savings or other benefits anticipated in the forward-looking statements will be achieved. The forward- looking statements set forth involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including risks and uncertainties associated with economic conditions in the commercial interiors industry and the risks under the heading “Risk Factors” in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2025, which discussions are hereby incorporated by reference. You should also consider any additional or updated information we include under the heading “Risk Factors” in our subsequent annual and quarterly reports. Forward-looking statements in this presentation include, without limitation, the information set forth on the slides titled “Interface: A Compelling Investment”, “Large, Attractive Market Opportunity”, “Strategy: One Interface”, “Net Sales Growth Outpacing the Industry”, “Strong Positioning in Diversified Segments”, “Commercially-Driven Innovation”, “Industry Leading Adjusted Gross Profit Margins”, and “Capital Allocation Strategy”. Other forward-looking statements can be identified by words such as “may,” “expect,” “forecast,” “anticipate,” “intend,” “plan,” “believe,” “could,” “should”, “goal”, “aim”, “objective”, “commitment”, “seek,” “project,” “estimate,” “target,” and similar expressions. Forward-looking statements speak only as of the date made. The Company assumes no responsibility to update or revise forward-looking statements and cautions listeners and meeting attendees not to place undue reliance on any such statements. This presentation includes certain financial measures not calculated in accordance with U.S. GAAP. They may be different from similarly titled non- GAAP measures used by other companies, and should not be used as a substitute for, or considered superior to, GAAP measures. Reconciliations to the most directly comparable GAAP measures appear in the Financial Performance section below. Note: Sum of reconciling items may differ from total due to rounding of individual components FORWARD LOOKING STATEMENTS AND NON-GAAP MEASURES
BILLION*$1.4 IN GLOBAL REVENUE COUNTRIES 100+ SALES IN 6 MANUFACTURING SITES ON 4 CONTINENTS EMPLOYEES WORLDWIDE3,600 ~30 INTERFACE SHOWROOMS PREMIUM BRANDS WITH ATTRACTIVE MARGINS END MARKET DIVERSIFICATION CORPORATE EDUCATION HEALTHCARE 60% Americas 29% EMEA 11% Asia-Pacific *figures represent LTM Q3 2026 Net Sales and Percentage of LTM Q3 2026 Net Sales REGIONAL NET SALES BREAKDOWN*
INSTALLATION INDOOR AIR QUALITY INTERFACE: A COMPELLING INVESTMENT RECOGNIZED GLOBAL LEADER DESIGN PERFORMANCE SUSTAINABILITY WITHOUT COMPROMISE STRONG FINANCIAL FOUNDATION INDUSTRY LEADING MARGINS STRONG BALANCE SHEET OUTPACING INDUSTRY GROWTH COMMITMENT TO EMPLOYEES & CUSTOMERS WINNING, PURPOSE-DRIVEN CULTURE WORLD CLASS SELLING TEAMS STRONG CULTURE SURVEY RESULTS
CARPET TILE LUXURY VINYL TILE (LVT) RUBBER Commercial flooring trusted by the world's architects, designers, facility managers, and contractors.
$39B Global Commercial Flooring $9+B Interface Served Market Solid market fundamentals Significant organic growth opportunities across soft and hard surface, to be captured through strategy execution and product innovation Ongoing refresh cycles in core segments: office, healthcare, & education Global Commercial Flooring Segment ($ in billions) Source: Market Insights LLC Ceramic Tile Wood LVT Resilient Laminate Other BroadloomCarpet Tile Hard Surface Soft Surface $12 $7 $2 $1 $3 $3 $5 Other Rubber $5 LARGE, ATTRACTIVE MARKET OPPORTUNITY
RUBBER CARPET TILE LVT Build strong global functions to support our world-class local selling teams Accelerate growth through enhanced commercial productivity Expand margins through global supply chain management and simplifying operations Lead in design, performance, and sustainability STRATEGY: ONE INTERFACE
$1,261 $1,316 $1,387 $1,443 FY23 FY24 FY25 LTM Q3 2026 One Interface combined U.S. selling teams accelerating growth through commercial productivity and full portfolio cross-selling Continued growth of nora rubber through product innovation, such as noravant , which is a new resilient platform to capture incremental opportunities in key segments Addressable market expansion in carpet tile and LVT with more accessible price points, such as our Open Air carpet tiles and 3mm LVT NET SALES GROWTH OUTPACING THE INDUSTRY $ in millions
Note: Figures represent LTM Q3 FY26 and may not sum to 100% due to rounding 45% Corporate GLOBAL BILLINGS BY CUSTOMER SEGMENT Healthcare Corporate Education Other Return-to-office mandates driving broad demand Strongly positioned to capture share in the high demand Class A renovation and remodel activity Premium products competitively advantaged in design, performance, and sustainability Regional migration driving segment growth K-12 schools modernizing and expanding facilities Higher education campus investments to attract students in a competitive market Aging population, longer life expectancies and increased technology use supporting demand One Interface combined U.S. sales teams finding new opportunities to sell our full suite of products Includes Government, Retail, Residential Living, Hospitality, Consumer Residential and all other segments STRONG POSITIONING IN DIVERSIFIED SEGMENTS
ONE SYSTEM EVERY SPACE CARPET TILE, LVT, AND NORA® RUBBER. LUXURY VINYL TILE (LVT) RUBBER ED U C ATIO N H EALTH C AR E O FFIC E Birmingham City University, Uk University Of Huddersfield, Uk Hogeschool Rotterdam Business School, NL © Studio Beeldwerken
Resilient innovations to unlock new opportunities More carpet tile options at accessible price points Segment-focused designs Sought-after aesthetics COMMERCIALLY-DRIVEN INNOVATION Targeted, strategic, commercially-aligned new product development to capture share and expand addressable market
CARBON CALCULATOR To estimate a project’s carbon savings REGIONALLY SPECIFIC CERTIFICATIONS For customer documentation INTERFACE DESIGN STUDIO FLOORPLANS Including carbon impact information LOW CARBON FOOTPRINT PRODUCTS 200+ cradle-to-gate carbon negative styles; low carbon footprint portfolio CQuest BioX SUSTAINABILITY THAT’S SPECIFIABLE
INTERFACE IMPACT REPORT 2025 Our website content and the linked 2025 Impact Report is not a part of, or incorporated into, this presentation. ESG at Interface Our 2025 Impact Report highlights our efforts to reduce our environmental footprint, advance circularity, make Interface a great place to work, support our surrounding communities, and operate responsibly throughout our value chain. Learn more about our efforts in the ESG section of our investor site where you will find our latest 2025 Impact Report as well as other ESG Resources.
35.4% 37.1% 39.0% 40.8% FY23 FY24 FY25 LTM Q3 2026 Globalizing core functions to support our world-class local selling teams Investing in automation and robotics to drive productivity, waste reduction, and increased capacity to service growth without increasing headcount Leading in design to capture premium priced market share while diversifying end market and product segmentation to drive incremental profitable growth Reducing organizational complexity INDUSTRY LEADING ADJUSTED GROSS PROFIT MARGINS* * See Financial Performance section for a reconciliation of Non-GAAP figures
15 We have a capital allocation strategy that is balanced and disciplined, with a focus on investing in the business, conservative use of debt, and prioritizing long-term shareholder value. Return excess cash to Shareholders Utilize strong free cash flow to return excess cash to shareholders Explore M&A Opportunities Through a rigorous and disciplined process, evaluate potentially accretive M&A opportunities that are aligned with our strategy and that can accelerate growth and margin expansion Manage leverage Disciplined use of debt to manage net leverage conservatively Reinvest in the business Invest in strategic initiatives with high returns, including organic growth opportunities, innovation, manufacturing productivity, and salesforce effectiveness CAPITAL ALLOCATION STRATEGY
Financial Performance
Return on Invested Capital 20.8% 17 Currency-Neutral YoY Net Sales Growth +0.4% Net Sales $367 Adjusted Gross Profit Margin 40.6% Adjusted Operating Income $57 15.6% of Net Sales Q3 2026 Adjusted Earnings Per Diluted Share $0.68 * See subsequent slides for a reconciliation of Non-GAAP figures ($ in millions, except EPS) LTM Net Debt / Adjusted EBITDA 0.2x Cash From Operations $187 Adjusted EBITDA $254 17.6% of Net Sales FINANCIALS AT A GLANCE Currency-Neutral YoY Net Sales Growth +3.0%
18 GAAP FINANCIAL RESULTS
19 * See subsequent slides for a reconciliation of Non-GAAP figures ADJUSTED FINANCIAL RESULTS*
35.4% 37.1% 39.0% 40.8% FY23 FY24 FY25 LTM Q3 2026 $1.00 $1.46 $1.94 $2.46 FY23 FY24 FY25 LTM Q3 2026 $162 $189 $218 $254 12.8% 14.4% 15.7% 17.6% FY23 FY24 FY25 LTM Q3 2026 Adjusted EBITDA and Adjusted EBITDA % of Net Sales Adjusted Earnings Per Diluted Share 20 * See subsequent slides for a reconciliation of Non-GAAP figures $1,261 $1,316 $1,387 $1,443 FY23 FY24 FY25 LTM Q3 2026 Net Sales $ in millions ($ in millions) REVENUE AND PROFITABILITY METRICS* Adjusted Gross Profit Margin %
21 Note: Sum of reconciling items may differ from total due to rounding of individual components RECONCILIATION OF NON-GAAP FIGURES
22 (1) Represents insurance recovery of loss recognized in the first quarter of 2023. (2) Represents insurance recovery of loss recognized in the second quarter of 2020. (3) In 2024, our Thailand subsidiary was substantially liquidated. In 2023, our Russia and Brazil foreign subsidiaries were substantially liquidated. The related cumulative translation adjustment was recognized in other expense. (4) In July 2025, Germany enacted tax legislation to reduce the German corporate income tax rate by 1% annually from 2028 to 2032. This resulted in a review and remeasurement of the Company’s German deferred tax assets and liabilities and a non-cash credit to income tax expense in the third quarter of 2025. Note: Sum of reconciling items may differ from total due to rounding of individual components RECONCILIATION OF NON-GAAP FIGURES
Note: Sum of reconciling items may differ from total due to rounding of individual components (1) Represents insurance recovery of loss recognized in the first quarter of 2023. (2) Represents insurance recovery of loss recognized in the second quarter of 2020. (3) In 2024, our Thailand subsidiary was substantially liquidated. In 2023, our Russia and Brazil foreign subsidiaries were substantially liquidated. The related cumulative translation adjustment was recognized in other expense. 23 RECONCILIATION OF NON-GAAP FIGURES