TILE

EX-99.1

2 a991pressreleaseq22026.htm

EX-99.1

Document

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 Second Quarter 2026 Results

Operational execution drives strong quarter; Company raises full year guidance

ATLANTA – August 7, 2026 – Interface, Inc. (Nasdaq: TILE), the global flooring and sustainability leader, today announced results for the second quarter ended July 5, 2026.

Second quarter highlights (all comparisons are year-over-year):

•Net sales totaled $396 million, up 5.4% and up 3.8% currency neutral

•Gross profit margin increased 560 basis points; adjusted gross profit margin increased 524 basis points

•Adjusted gross profit margin benefitted from 131 basis points of operational improvement, driven by strong execution, and 393 basis points from $15.6 million of IEEPA tariff refunds

•Continued execution of the One Interface strategy further strengthened the Company’s competitive position and long-term growth profile

“We delivered strong second quarter results, reflecting continued momentum and disciplined execution across the business,” commented Laurel Hurd, CEO of Interface. “This growth was broad-based across all regions and product categories, underscoring the strength of our diversified portfolio and the benefits of our One Interface strategy. Performance was led by Healthcare, with global billings up 19%, while Education and Corporate Office billings both increased by 5%.”

“Higher sales volumes, proactive pricing actions, favorable mix, and manufacturing efficiencies drove robust margin expansion and earnings growth in the quarter, which was further enhanced by IEEPA tariff refunds," added Bruce Hausmann, CFO of Interface. "We are raising our full year guidance based on strong first half performance and a robust backlog supporting continued momentum. With a healthy balance sheet, we remain well positioned to execute disciplined capital allocation, drive sustainable growth and deliver long-term shareholder value.”

1

Consolidated Results Summary (Unaudited)Three Months EndedSix Months Ended

(in millions, except percentages and per share data)7/5/20266/29/2025Change7/5/20266/29/2025Change

GAAP

Net Sales$395.7 $375.5 5.4 %$726.7 $672.9 8.0 %

Gross Profit Margin % of Net Sales45.0 %39.4 %560 bps41.9 %38.5 %346 bps

SG&A Expenses$103.2 $95.9 7.5 %$197.6 $183.7 7.6 %

SG&A Expenses % of Net Sales26.1 %25.5 %53 bps27.2 %27.3 %(11) bps

Operating Income$74.9 $52.0 43.9 %$107.2 $75.3 42.5 %

Net Income$51.4 $32.6 57.9 %$75.0 $45.6 64.6 %

Earnings per Diluted Share$0.88 $0.55 60.0 %$1.28 $0.77 66.2 %

Non-GAAP

Currency-Neutral Net Sales$389.9 $375.5 3.8 %$707.6 $672.9 5.1 %

Adjusted Gross Profit Margin % of Net Sales45.0 %39.8 %524 bps41.9 %38.9 %308 bps

Adjusted SG&A Expenses$103.1 $93.4 10.4 %$197.1 $180.2 9.4 %

Adjusted SG&A Expenses % of Net Sales26.1 %24.9 %119 bps27.1 %26.8 %35 bps

Adjusted Operating Income$74.9 $55.9 34.1 %$107.7 $81.4 32.3 %

Adjusted Net Income$51.5 $35.4 45.4 %$75.4 $50.0 50.7 %

Adjusted Earnings per Diluted Share$0.88 $0.60 46.7 %$1.28 $0.85 50.6 %

Adjusted EBITDA$87.7 $64.8 35.2 %$134.4 $101.8 32.0 %

Currency-Neutral Orders Increase Year-Over-Year5.4 %

•Second quarter 2026 adjusted gross profit margin increased 524 basis points year-over-year due to favorable price/mix, lower manufacturing costs on higher sales volumes and manufacturing efficiency initiatives, and IEEPA tariff refunds.

•Second quarter 2026 adjusted SG&A expenses increased $9.7 million year-over-year due to higher sales commissions and variable compensation on increased sales and profits, and foreign currency exchange variances.

Additional Metrics7/5/202612/28/2025Change

Cash$81.5 $71.3 14.3 %

Total Debt$204.4 $181.6 12.5 %

Total Debt Minus Cash ("Net Debt")$122.8 $110.3 11.4 %

Last 12-Months Adjusted EBITDA$250.5

Total Debt divided by Last 12-Months Net Income1.4x

Net Debt divided by Last 12-Months Adjusted EBITDA ("Net Leverage Ratio")0.5x

2

Segment Results Summary (Unaudited)Three Months EndedSix Months Ended

(in millions, except percentages)7/5/20266/29/2025Change7/5/20266/29/2025Change

AMS

Net Sales$247.7 $239.4 3.4 %$443.3 $419.4 5.7 %

Currency-Neutral Net Sales$247.7 $239.4 3.5 %$442.8 $419.4 5.6 %

Operating Income$61.0 $48.8 24.9 %$84.9 $68.0 24.8 %

Adjusted Operating Income$61.0 $48.8 24.9 %$84.9 $68.7 23.5 %

Currency-Neutral Orders Increase Year-Over-Year4.8 %

EAAA

Net Sales$148.0 $136.1 8.8 %$283.4 $253.6 11.8 %

Currency-Neutral Net Sales$142.2 $136.1 4.5 %$264.8 $253.6 4.4 %

Operating Income$13.9 $3.2 334.6 %$22.4 $7.3 206.7 %

Adjusted Operating Income$14.0 $7.1 97.6 %$22.8 $12.7 80.1 %

Currency-Neutral Orders Increase Year-Over-Year6.4 %

Note: Sum of segment items may differ from consolidated due to rounding of individual component

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tile-202602240000715787false00007157872026-02-242026-02-24

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):  February 24, 2026

INTERFACE INC

(Exact name of Registrant as Specified in its Charter)

Georgia 001-33994 58-1451243 (State or other Jurisdiction of Incorporation or Organization) (Commission File Number) (IRS Employer Identification No.)

1280 West Peachtree Street NWAtlantaGeorgia30309 (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 ClassTrading Symbol(s)Name of Each Exchange on Which Registered Common Stock, $0.10 Par Value Per ShareTILENasdaq Global Select Market

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 February 24, 2026, Interface, Inc. (the “Company”) issued a press release reporting its financial results for the fourth quarter and full year of 2025 (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 nora purchase accounting amortization, the cyber event impact, and restructuring, asset impairment, severance, and other, net. Adjusted EPS and adjusted net income also exclude the loss on debt extinguishment, a warehouse fire recovery, property casualty loss impact, the loss on foreign subsidiary liquidation, the UK pension surplus tax rate change, and deferred taxes - rate changes and other. Adjusted gross profit and adjusted gross profit margin exclude nora purchase accounting amortization. Adjusted SG&A expenses exclude restructuring, asset impairment, severance, and other, net and the cyber event impact.

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, cyber event impact, property casualty loss impact, restructuring, asset impairment, severance, and other, net, nora purchase accounting amortization, a warehouse recovery, and the loss on foreign subsidiary liquidation.

Because the Company engages in acquisitions only episodically, and not as an everyday matter, the Company believes presenting certain meas