Culp (CULP) Financial Statements & Analysis

Culp (CULP) Income Statement

Culp reported revenue of $203.48M in fiscal 2026 (fiscal year ended May 3, 2026), flat from $203.48M a year earlier. Culp posted a net loss of $10.21M, compared with a net loss of $10.21M a year earlier. Gross margin was 12.4% and operating margin -3.5%. In the most recent quarter, Q1 fiscal 2027 (ended Aug 2, 2026), revenue was $53.97M, up 6.5% from the same quarter a year earlier.

Culp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Culp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2017
Period ending	May 2026	Apr 2026	Apr 2025	Apr 2024	Apr 2023	May 2022	Apr 2022	May 2021	Apr 2021	Apr 2020	Apr 2019	Apr 2018
Revenue & Gross Profit
Revenue	203.48	203.48	203.48	189.99	234.93	294.84	294.84	299.72	268.58	256.17	256.17	323.73
Cost of Revenue	177.39	178.32	178.32	186.57	224.04	258.75	258.75	249.89	258.75	215.67	215.67	259.09
Gross Profit	25.16	25.16	25.16	3.42	10.90	36.09	36.09	49.83	9.84	40.50	40.50	64.63
Operating Expenses
Research & Development	-	-	0.00	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Selling, General & Administrative	34.67	34.67	34.67	12.44	37.98	35.42	35.42	37.76	9.16	34.42	34.42	37.17
Operating Expenses	32.35	34.67	34.67	12.44	37.98	35.42	35.42	37.76	9.16	34.42	34.42	37.17
Operating Income	-7.19	-9.51	-9.51	-9.02	-27.08	0.68	0.68	12.08	0.68	6.07	6.07	27.46
Other Income/Expense
Interest Income	-	1.07	1.07	0.92	0.53	0.37	0.37	0.24	0.37	0.90	0.90	0.53
Interest Expense	-	0.76	0.76	0.00	0.00	-0.02	0.02	-0.05	0.00	0.11	0.11	0.09
Other Income/Expense	-1.10	0.91	1.22	46.16	-1.84	0.36	-1.36	-1.23	51.51	-13.75	-13.75	-0.58
Income
Income Before Tax	-8.29	-8.29	-8.29	37.14	-28.39	-0.33	-0.33	10.88	52.19	-7.68	-7.68	26.88
Income Tax Expense	1.93	1.93	1.93	56.24	3.13	2.89	2.89	7.69	55.40	3.35	3.35	5.74
Net Income	-10.21	-10.21	-10.21	-19.10	-31.52	-3.21	-3.21	3.22	-3.21	-28.67	-28.67	20.88
Net Income - Continuous Operations	-	-10.21	-10.21	-19.10	-31.52	-	-3.21	-	-3.21	-28.67	-28.67	20.88
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-4.15	-3.10	-5.08	-3.17	-21.11	8.23	7.25	19.39	8.23	0.55	0.55	35.00
EBIT	-8.58	-7.53	-18.48	-10.76	-28.39	0.68	-0.31	12.08	-	-	-	-
Depreciation & Amortization	-	4.43	4.43	5.85	7.28	7.55	7.55	7.31	7.55	8.12	8.12	8.02
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-2.00	-3.00	-	-	-	-	-1.00	-1.00	2.00
Diluted EPS	-1.00	-1.00	-1.00	-2.00	-3.00	-	-	-	-	-1.00	-1.00	2.00
Basic Shares Outstanding	12.63	12.63	12.63	12.53	12.28	12.24	12.24	12.30	12.24	12.38	12.38	12.43
Diluted Shares Outstanding	12.63	12.63	12.63	12.53	12.28	12.24	12.24	12.32	12.24	12.38	12.38	12.63

Source: Company financial statements from annual and quarterly filings. Data as of Aug 2, 2026. Data sources and methodology

Frequently Asked Questions About Culp Financial Statements

What was Culp's revenue in fiscal 2026?

Culp reported revenue of $203.48M in fiscal 2026 (fiscal year ended May 3, 2026). That was flat from $203.48M a year earlier.

Is Culp profitable?

No. Culp reported a net loss of $10.21M in fiscal 2026. In fiscal 2025 it lost $10.21M.

What is Culp's operating margin?

Culp's operating income was −$7.18M on revenue of $203.48M in fiscal 2026, an operating margin of -3.5%, compared with -4.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition