UFINYSETextile Mill ProductsUS GAAP · USD

Unifi, Inc. New

Unifi, Inc. is a U.S.-based textile manufacturer that produces recycled and synthetic yarns and polymer-based inputs for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end markets. Its portfolio includes polyester and nylon products such as POY, textured yarns, solution-dyed yarns, package-dyed yarns, twisted yarns, beamed yarns, draw-wound yarns, flake, chip, and staple fiber, sold through a multinational manufacturing and sales network.

Revenue531m USD
−7.0 %y/y
Operating profit (EBIT)-14.6m USD
−53.9 %y/y
EBIT margin-2.8%
−1.1 ppy/y
Net income-24.6m USD
−20.7 %y/y
Free cash flow21.5m USD
+167.7 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

-20002004006008001,000m USD2021: 668 m USD2021: EBIT 39 m USD20212022: 816 m USD2022: EBIT 29 m USD20222023: 624 m USD2023: EBIT -41 m USD20232024: 582 m USD2024: EBIT -37 m USD20242025: 571 m USD2025: EBIT -9.5 m USD20252026: 531 m USD2026: EBIT -15 m USD2026531-15
RevenueOperating profit (EBIT)

Business

Share of revenue
Polyester yarns45 %

POY and processed polyester yarns sold in virgin and recycled forms.

Nylon yarns15 %

Virgin and recycled nylon yarns, including solution-dyed and covered yarns.

Recycled materials20 %

Flake, chip, and staple fiber made from pre- and post-consumer waste.

Specialty and value-added yarns15 %

Performance and branded yarn solutions tailored to customer specifications.

Other textile solutions5 %

Additional yarn and processing services for industrial and textile uses.

Products

Reported · share of revenue
70.4%29.6%FY2026100 %
  • All Other Products and Services70.4 %
  • REPREVE Fiber29.6 %

Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Unifi sells primarily to other yarn manufacturers and knitters/weavers, which then supply fabric and finished textile products to brands and retailers. Its indirect customer base spans apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets, with demand often influenced by a relatively small number of brand partners.

Direct yarn customers

Other yarn manufacturers that buy polyester and nylon yarns for further processing.

Knitters and weavers

Textile converters that purchase yarns to make fabric for downstream use.

Brand partners

Apparel and retail brands that influence specifications, programs, and demand pull-through.

Apparel and hosiery end markets

Customers and supply chains using yarns for garments, socks, and performance wear.

Home, automotive, industrial, and medical end markets

Buyers using technical and specialty yarns in non-apparel textile applications.

Strategy

Unifi’s strategy centers on building pull-through demand with brands and retailers, then converting that demand into sales through its direct customers and supply-chain partners. It also emphasizes recycled and performance-oriented products, product development, and branded programs such as REPREVE, while using its global manufacturing footprint to serve regional customers efficiently.

Grow branded recycled and performance productsMedium term

Branded programs help differentiate commodity yarns and support customer pull-through.

Strengthen customer relationships across the supply chainShort term

Demand depends on ongoing programs with a limited number of brand partners.

Optimize manufacturing footprint and cost structureMedium term

Regional production and supply-chain efficiency are important in a competitive yarn market.

Preserve liquidity and manage debtShort term

Textile demand and raw-material cycles can be volatile, so balance-sheet flexibility matters.

Geography

Unifi operates across North America, Central America, South America, Asia, and Europe, with direct manufacturing in four countries and a joint venture in the United States. Its sales offices and supply-chain relationships span the U.S., Brazil, China, El Salvador, Colombia, Turkey, India, and Europe, making the business dependent on cross-border manufacturing, logistics, and customer programs.

Risks

Unifi faces intense competition from domestic and foreign yarn producers, and customers can shift supply quickly because the business does not usually rely on long-term contracts. The company is also exposed to foreign exchange, trade, and regulatory risk through its international operations, while demand can be affected by import competition, China supply-chain shifts, and the concentration of sales programs among a limited number of brand partners.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Intense global competition1Foreign exchange and international operating risk2Customer and brand-partner concentration3China supply-chain migration4Intellectual property protection5
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. Intense global competitionImpact: HighLikelihood: High

    Domestic and foreign yarn producers compete on price, quality, and timeliness, pressuring share and mix.

    Exposure: Polyester and nylon yarn markets in the Americas and Asia.

  2. Foreign exchange and international operating riskImpact: HighLikelihood: High

    Results are affected by currency movements, trade barriers, labor unrest, and local legal/tax regimes.

    ExposureBrazilChinaColombiaEl SalvadorIndiaTurkeyEurope
  3. Customer and brand-partner concentrationImpact: HighLikelihood: Medium

    A limited number of brand programs drive a meaningful share of demand, so losing one can reduce volumes quickly.

    Exposure: Top 10 direct customers were about 24% of consolidated net sales in fiscal 2025.

  4. China supply-chain migrationImpact: MediumLikelihood: High

    If customers move sourcing away from China, regional demand and asset utilization can weaken.

    Exposure: Asia segment and China-linked supply chains.

  5. Intellectual property protectionImpact: MediumLikelihood: Low

    Proprietary know-how and branded products can be copied or misused, reducing differentiation.

    ExposureTrademarksTrade secretsProduct-development methods

Accounting

Judgemental items
Inventory net realizable value

Textile and raw-material price changes can require inventory write-downs or reversals.

Impact: Affects cost of sales, gross margin, and working capital.

Foreign currency translation

International operations create translation gains/losses and period-to-period volatility.

Impact: Affects reported revenue, expenses, and equity.

Lease accounting

Manufacturing and sales operations use leased facilities and equipment.

Impact: Affects operating lease assets, liabilities, and expense timing.

Debt and financing costs

Borrowings and issuance costs influence balance-sheet presentation and interest expense.

Impact: Affects net debt, liquidity analysis, and financing costs.

Segment reporting by geography

Management evaluates performance by Americas, Asia, and EMEA-style regional segments.

Impact: Affects how investors assess mix, profitability, and regional exposure.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026