CULP · Culp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.97M | $53.20M | $50.69M | $55.67M | $52.25M | $56.54M | - | $60.42M | $58.73M | $56.66M |
| Cost of Revenue | $42.64M | $47.42M | $43.46M | $49.68M | $45.91M | $51.46M | - | $52.72M | $50.77M | $49.58M |
| Gross Profit | $5.32M | $5.78M | $7.23M | $5.99M | $6.35M | $5.08M | - | $7.70M | $7.95M | $7.08M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $8.46M | $8.74M | $9.12M | $9.36M | $8.58M | $9.30M | - | $9.49M | $10.04M | $9.83M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $1.11M | - | - | $1.58M | - | - | - | $1.64M |
| Operating Income | ($3.73M) | ($3.46M) | $1.62M | ($5.40M) | ($3.89M) | ($6.85M) | - | ($1.74M) | ($2.24M) | ($3.08M) |
| Interest Expense | $183.0K | $199.0K | $183.0K | $30.0K | $63.0K | $28.0K | - | - | - | - |
| Income Tax | $292.0K | $207.0K | $1.37M | ($50.0K) | $446.0K | $240.0K | - | $1.03M | $516.0K | $701.0K |
| Net Income | ($3.43M) | ($4.31M) | ($231.0K) | ($5.64M) | ($4.13M) | ($7.26M) | - | ($3.19M) | ($2.42M) | ($3.34M) |
| EPS - Basic | ($0.27) | ($0.34) | ($0.02) | ($0.45) | ($0.33) | ($0.58) | - | ($0.26) | ($0.19) | ($0.27) |
| EPS - Diluted | ($0.27) | ($0.34) | ($0.02) | ($0.45) | ($0.33) | ($0.58) | - | ($0.26) | ($0.19) | ($0.27) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $9.69M | $10.73M | $11.09M | $5.63M | $5.28M | $13.47M | $10.01M | $12.59M | $15.21M | $16.81M |
| Accounts Receivable | - | - | - | $21.84M | - | - | $21.14M | - | $24.78M | - |
| Inventory | $52.21M | $49.94M | $50.11M | $49.31M | $48.60M | $41.67M | $44.84M | $46.88M | $44.47M | $43.82M |
| Accounts Payable | $29.64M | $29.66M | $24.32M | $27.32M | $32.72M | $26.54M | $25.61M | $29.79M | $27.90M | $26.47M |
| Current Assets | $88.44M | $90.36M | $88.89M | $83.53M | $85.29M | $82.68M | $80.88M | $89.06M | $88.59M | $88.06M |
| Total Assets | $120.75M | $125.25M | $126.41M | $123.37M | $127.56M | $129.14M | $132.05M | $142.00M | $142.16M | $142.90M |
| Current Liabilities | $51.59M | $51.26M | $47.90M | $46.96M | $50.65M | $42.22M | $38.11M | $43.44M | $41.63M | $38.25M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $70.53M | $71.66M | $68.77M | $65.73M | $67.91M | $60.02M | $55.92M | $61.20M | $58.53M | $56.78M |
| Stockholders' Equity | $50.22M | $53.59M | $57.65M | $57.64M | $59.65M | $69.12M | $76.13M | $80.80M | $83.63M | $86.12M |
| Retained Earnings | $3.30M | $6.74M | $11.04M | $11.27M | $13.35M | $23.11M | $30.38M | $35.24M | $38.43M | $40.85M |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($695.0K) | - | - | ($206.0K) | - | - | - | ($4.43M) |
| Investing Cash Flow | - | - | $986.0K | - | - | ($332.0K) | - | - | - | $374.0K |
| Financing Cash Flow | - | - | $5.15M | - | - | $4.01M | - | - | - | ($161.0K) |
| CapEx | - | - | $179.0K | - | - | $501.0K | - | - | - | $513.0K |
| Free Cash Flow | - | - | ($874.0K) | - | - | ($707.0K) | - | - | - | ($4.95M) |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 11.1% | 10.9% | 14.3% | 10.8% | 12.1% | 9.0% | - | 12.7% | 13.5% | 12.5% |
| Operating margin | -7.8% | -6.5% | 3.2% | -9.7% | -7.4% | -12.1% | - | -2.9% | -3.8% | -5.4% |
| EBITDA margin | - | - | 5.4% | - | - | -9.3% | - | - | - | -2.6% |
| Net margin | -7.2% | -8.1% | -0.5% | -10.1% | -7.9% | -12.8% | - | -5.3% | -4.1% | -5.9% |
| Free cash flow margin | - | - | -1.7% | - | - | -1.3% | - | - | - | -8.7% |
| FCF / Net income | - | - | 3.78 | - | - | 0.10 | - | - | - | 1.48 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 17.6% | 16.4% | 18.0% | 16.8% | 16.4% | 16.4% | - | 15.7% | 17.1% | 17.3% |
| Effective tax rate | - | - | 120.3% | - | - | - | - | - | - | - |
| Return on assets | -2.8% | -3.4% | -0.2% | -4.6% | -3.2% | -5.6% | - | -2.2% | -1.7% | -2.3% |
| Return on equity | -6.8% | -8.0% | -0.4% | -9.8% | -6.9% | -10.5% | - | -3.9% | -2.9% | -3.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.71 | 1.76 | 1.86 | 1.78 | 1.68 | 1.96 | 2.12 | 2.05 | 2.13 | 2.30 |
| Quick ratio | 0.70 | 0.79 | 0.81 | 0.73 | 0.72 | 0.97 | 0.95 | 0.97 | 1.06 | 1.16 |
| Cash ratio | 0.19 | 0.21 | 0.23 | 0.12 | 0.10 | 0.32 | 0.26 | 0.29 | 0.37 | 0.44 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -20.4x | -17.4x | 8.8x | -180.0x | -61.7x | -244.7x | - | - | - | - |
| Equity multiplier | 2.40 | 2.34 | 2.19 | 2.14 | 2.14 | 1.87 | 1.73 | 1.76 | 1.70 | 1.66 |
| Liabilities / Assets | 0.58 | 0.57 | 0.54 | 0.53 | 0.53 | 0.46 | 0.42 | 0.43 | 0.41 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.40 | 0.42 | 0.40 | 0.45 | 0.41 | 0.44 | - | 0.43 | 0.41 | 0.40 |
| Inventory turnover | 0.82 | 0.95 | 0.87 | 1.01 | 0.94 | 1.24 | - | 1.12 | 1.14 | 1.13 |
| Days sales outstanding | - | - | - | 143d | - | - | - | - | 154d | - |
| Days inventory outstanding | 447d | 384d | 421d | 362d | 386d | 296d | - | 325d | 320d | 323d |
| Days payable outstanding | 254d | 228d | 204d | 201d | 260d | 188d | - | 206d | 201d | 195d |
| Cash conversion cycle | - | - | - | 305d | - | - | - | - | 273d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.9x | 0.9x | 0.9x | 0.8x | 1.1x | 0.9x | - | 0.8x | 0.8x | 0.8x |
| P / S | 0.9x | 1.0x | 1.1x | 0.9x | 1.3x | 1.1x | - | 1.1x | 1.2x | 1.2x |
| EV / EBITDA | - | - | 15.6x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.2% | -4.4% | -10.3% | - | -13.5% | - | - | 15.0% | -21.2% | -31.8% |
| Revenue CAGR (3y) | -3.0% | -3.2% | -3.6% | -9.3% | -13.3% | -12.0% | - | -8.7% | -6.8% | -8.9% |
| Revenue CAGR (5y) | -9.6% | -7.1% | -4.7% | -5.2% | -6.2% | -5.5% | - | -6.7% | -6.2% | -6.6% |
| Gross profit growth (YoY) | -16.1% | -3.5% | 42.4% | - | -17.6% | - | - | 268.0% | -25.9% | -43.3% |
| Operating income growth (YoY) | 4.2% | 36.0% | - | - | -123.4% | - | - | 77.6% | - | - |
| Net income growth (YoY) | 16.8% | 23.7% | 96.8% | - | -29.4% | - | - | 64.5% | - | - |
| EPS growth (YoY) | 18.2% | 24.4% | 96.6% | - | -26.9% | - | - | 64.4% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | -23.6% | - | - | - | - | - | - | -1195.3% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -15.8% | -7.0% | -16.6% | -24.3% | -26.2% | - | -9.0% | -13.6% | -30.0% | -33.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-04-27.
Business segments
$213.24M totalMattress Fabrics$113.91M · 53.4%
Upholstery Fabrics$99.33M · 46.6%
Product / service
$125.92M totalProduct$113.91M · 90.5%
Service$12.01M · 9.5%
Geographic
$183.85M totalInternational$69.52M · 37.8%
North America Excluding United States$32.91M · 17.9%
Far East And Asia$30.59M · 16.6%
Mx$28.80M · 15.7%
Cn$16.00M · 8.7%
All Other Geographic Areas$6.03M · 3.3%
Peer comparison
Same SIC group: Broadwoven Fabric Mills, Cotton
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| CRWS | - | - | -23.6% |
Comparing CULP INC against the 1 most active filer in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Apr 8, 2022 | $0.1150 |
| Jan 10, 2022 | $0.1150 |
| Oct 7, 2021 | $0.1100 |
| Jul 8, 2021 | $0.1100 |
| Apr 8, 2021 | $0.1100 |
| Jan 7, 2021 | $0.1100 |
| Oct 7, 2020 | $0.1050 |
| Jul 9, 2020 | $0.1050 |
| Apr 6, 2020 | $0.1050 |
| Jan 7, 2020 | $0.1050 |
| Oct 3, 2019 | $0.1000 |
| Jul 3, 2019 | $0.1000 |
| Mar 29, 2019 | $0.1000 |
| Dec 31, 2018 | $0.1000 |
| Sep 28, 2018 | $0.0900 |
| Jun 29, 2018 | $0.0900 |
| Mar 29, 2018 | $0.0900 |
| Dec 29, 2017 | $0.0900 |
| Sep 29, 2017 | $0.0800 |
| Jun 29, 2017 | $0.2900 |
| Mar 30, 2017 | $0.0800 |
| Dec 29, 2016 | $0.0800 |
| Sep 29, 2016 | $0.0700 |
| Jun 29, 2016 | $0.2800 |