TILENasdaqCarpets & RugsUS GAAP · USD

Interface, Inc

Interface, Inc. is a U.S.-based global flooring solutions company that designs, manufactures, and sells commercial floorcovering products. Its portfolio spans carpet tile, luxury vinyl tile (LVT), nora rubber flooring, and FLOR premium area rugs, with a strong emphasis on low-carbon and carbon-negative products.

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Revenue1,387m USD
+5.4 %y/y
Operating profit (EBIT)164m USD
+22.0 %y/y
EBIT margin11.8%
+1.6 ppy/y
Net income116m USD
+33.5 %y/y
Free cash flow122m USD
+6.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-50005001,0001,500m USD2020: EBIT -39 m USD20202021: 1,103 m USD2021: EBIT -39 m USD20212022: 1,200 m USD2022: EBIT 105 m USD20222023: 1,261 m USD2023: EBIT 105 m USD20232024: 1,316 m USD2024: EBIT 134 m USD20242025: 1,387 m USD2025: EBIT 164 m USD20251,387164
RevenueOperating profit (EBIT)
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Business

Share of revenue
Modular carpet and carpet tile45 %

Commercial carpet tile products sold under Interface and FLOR brands for office and institutional spaces.

Resilient flooring25 %

Luxury vinyl tile and related resilient flooring products for high-traffic commercial environments.

Rubber flooring20 %

nora-branded rubber flooring used in healthcare, education, transportation and public buildings.

Area rugs and premium residential flooring5 %

FLOR premium area rugs and related consumer/residential offerings.

Services and accessories5 %

Installation-related services, accessories, and sample/design support tied to flooring sales.

Customers

Interface sells primarily to commercial and institutional customers, with corporate office still the largest end market. It also serves education, healthcare, government, hospitality, retail, transportation, and residential living customers, often through architects, interior designers, engineers, contractors, and distributors who influence product selection.

Corporate office

Buys carpet tile and resilient flooring for new construction and renovation; remains the largest segment but is cyclical and exposed to office utilization trends.

Education

Schools and universities buy durable, design-oriented flooring for classrooms and common areas, supporting diversification away from offices.

Healthcare

Hospitals and care facilities buy rubber and resilient flooring for hygiene, durability and safety requirements.

Public buildings and government

Public-sector customers buy flooring for long-life, low-maintenance installations in civic and administrative spaces.

Hospitality, retail and transportation

These customers buy products that balance design, wear resistance and sustainability in high-traffic environments.

Residential living and consumer

FLOR and related offerings address residential and consumer use cases, smaller but strategically useful for diversification.

Strategy

Interface is using its One Interface strategy to operate as a more integrated global flooring company rather than a carpet-only business. Management is prioritizing growth in non-office end markets, supply-chain simplification, design and sustainability leadership, and commercial productivity to reduce cyclicality and improve margins.

Diversify end markets away from corporate officeMedium term

Reduces exposure to office vacancy, hybrid work and cyclical demand swings.

Strengthen One Interface operating modelMedium term

A unified global organization should improve decision-making, scale and execution.

Expand sustainability-led product mixLong term

Low-carbon and carbon-negative products support premium positioning and customer ESG goals.

Improve margins through supply chain and pricingShort term

Higher pricing, manufacturing efficiency and procurement discipline help offset tariffs and costs.

Geography

2025

Interface operates globally through two reportable segments: Americas and EAAA (Europe, Africa, Asia and Australia). The Americas segment includes the United States, Canada and Latin America, while EAAA contributed 39% of net sales in fiscal 2025; the company also maintains showrooms and design studios across North America, Europe, the Middle East and Asia-Pacific.

United States57 %
Other countries (US filing)43 %

Share of the revenue the company reports by geography.

Risks

Interface is exposed to cyclical demand in commercial interiors, especially corporate office renovation and new construction, where utilization trends and macro conditions can quickly affect orders. It also faces intense price competition, foreign exchange and tariff risk, supply-chain disruption, and cyber/IT risks that could interrupt production, shipping or customer service.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cyclical commercial interiors demand1Competitive pricing pressure2Cybersecurity and IT system disruption3Tariffs and foreign currency fluctuations4Supply-chain and logistics disruption5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cyclical commercial interiors demandImpact: HighLikelihood: High

    Flooring sales depend on renovation and construction spending by corporations and institutions.

    Exposure: Corporate office and new construction are especially sensitive to macro conditions.

  2. Competitive pricing pressureImpact: HighLikelihood: Medium

    The market has many manufacturers, some with greater resources and capacity.

    Exposure: Could reduce revenue growth and gross margin if competitors discount or expand capacity.

  3. Cybersecurity and IT system disruptionImpact: HighLikelihood: Medium

    The company relies on IT for production, logistics, billing and financial reporting.

    ExposureA breach or outage could halt shipmentsCause data lossCreate legal liability
  4. Tariffs and foreign currency fluctuationsImpact: MediumLikelihood: High

    International operations and global sourcing create exposure to trade policy and FX swings.

    Exposure: Management explicitly expects tariff costs and currency effects to impact results.

  5. Supply-chain and logistics disruptionImpact: MediumLikelihood: High

    Delays in raw materials, freight or installation can affect backlog conversion and service levels.

    Exposure: Construction project delays have already caused backlog fluctuations.

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Accounting

Judgemental items
Deferred income tax assets and liabilities

Management judgment on future taxable income and tax law interpretation affects asset valuation and tax expense.

Impact: Could materially change reported earnings and balance sheet tax balances.

Pension benefit assumptions

Discount rates and expected asset returns drive pension expense and projected obligations.

Impact: Small assumption changes can move annual expense materially.

Backlog and revenue timing

Project delays and installation timing can shift sales recognition across quarters.

Impact: Affects quarterly comparability and near-term revenue visibility.

Debt extinguishment costs

Redemption of senior notes created a loss on extinguishment and write-off of issuance costs.

Impact: Can create one-time charges that obscure underlying operating performance.

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Last updated: 24/09/2026

Interface, Inc (TILE) Revenue, Earnings & Financials 2025 – Clarifo