HomesToLife Posts 97% Profit Surge to $16.6M with 13% Revenue Growth
HomesToLife reported FY2025 net revenue of $377.9 million, a 13% rise led by 12% export growth to $349.6 million and a doubling of retail revenue to $9.1 million. Net income climbed 97% to $16.6 million (EPS $0.185) as gross margin expanded 3.1pp to 27.9%.
1. FY2025 Financial Highlights
HomesToLife achieved net revenue of $377.9 million in FY2025, up 13% year-on-year. Export sales rose 12% to $349.6 million, with Europe up 15% and North America up 19%, while retail revenue jumped 100% to $9.1 million.
2. Profitability and Margins
Gross profit increased 27% to $105.3 million and gross margin improved from 24.8% to 27.9%. Operating expenses grew 17% to $85.9 million, driven by selling expenses, resulting in net income of $16.6 million, up 97% from FY2024.
3. Q4 2025 Performance
In Q4 2025, revenue rose 7% to $102.8 million with North American exports up 41% and retail contributions from Korea. Gross profit grew 32% to $29.2 million, and net income surged 358% to $3.4 million (EPS $0.038).
4. Cash Flow, Balance Sheet and Outlook
Operating cash flow jumped to $13.5 million from $0.4 million, leaving $27.3 million in cash versus $10.4 million in borrowings. The company projects FY2026 revenue of $400 million to $420 million, supported by continued export growth.