TILE on Nasdaq

Interface, Inc.

Logo: Interface Inc., Public domain, via Wikimedia Commons5

Manufacturer of commercial flooring

Interface, Inc., headquartered in Atlanta, Georgia, is a global manufacturer of commercial flooring.4 The company sells modular carpet tiles, luxury vinyl tile, and nora brand rubber flooring.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1973Founded1

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  • TickerTILE on Nasdaq1
  • Industrytextile industry1
  • HeadquartersAtlanta1
  • Founded inLaGrange1
  • Websitewww.interfaceinc.com
  • Incorporated inGA6
  • Business address1280 West Peachtree St. Nw, Atlanta, Ga 303096
  • Filer categoryLarge accelerated filer6
  • Legal formProfit Corporation4
  • LEI549300VXZWQOIDFPU3554
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 30092 Peachtree Corners, United States4
  • Registered withGeorgia Secretary of State Corporations Division, J3032934

Interface, Inc., headquartered in Atlanta, Georgia, is a global manufacturer of commercial flooring.4 The company sells modular carpet tiles, luxury vinyl tile, and nora brand rubber flooring.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

38.7%Gross margin8
11.8%Operating margin8
8.4%Net margin8
5.4%Revenue growth, 20258
18.1%Return on equity8
0.27×Debt to equity8
$121.7MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

AMS brought in 61% of the revenue Interface, Inc. broke down this way in fiscal 2025.

  1. AMS$843.9M861%up 5% from 2024
  2. EAAA$543.0M839%up 5% from 2024
Business segments by year
Business segments202320242025
AMS$737.0M$800.8M$843.9M
EAAA$524.5M$514.8M$543.0M

Regions

United States brought in 57% of the revenue Interface, Inc. broke down this way in fiscal 2025.

  1. United States$785.9M857%up 6% from 2024
  2. Outside the United States$600.9M843%up 5% from 2024
Regions by year
Regions202320242025
United States$677.3M$744.4M$785.9M
Outside the United States$584.2M$571.3M$600.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue61¢$849.5M
  • Research and development1¢$16.1M
  • Selling, general and admin27¢$373.4M
  • Interest1¢$19.5M
  • Income tax1¢$20.8M
  • Profit8¢$116.1M

Out of $1.4B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending28¢$46.2M
  • Dividends paid2¢$3.6M
  • Share buybacks11¢$18.2M
  • Kept or used elsewhere60¢$100.0M

Out of $167.9M of cash from operations.8

Financial statements

Revenue910118$1.4B in 2025+3% since 2019
0$500.0M$1.0B$1.5B2019: $1.3B$1.3B20192021: $1.1B$1.1B2021−18%2022: $1.2B$1.2B2022+9%2023: $1.3B$1.3B2023+5%2024: $1.3B$1.3B2024+4%2025: $1.4B$1.4B2025+5%
Gross profit910118$537.4M in 2025+1% since 2019
0$200.0M$400.0M$600.0M2019: $533.0M$533.0M20192021: $410.6M$410.6M2021−23%2022: $432.7M$432.7M2022+5%2023: $441.1M$441.1M2023+2%2024: $482.9M$482.9M2024+9%2025: $537.4M$537.4M2025+11%
Operating income910118$164.0M in 2025+25% since 2019
-$100.0M0$100.0M$200.0M2019: $130.9M$130.9M20192021: -$39.3M-$39.3M20212022: $104.8M$104.8M20222023: $104.5M$104.5M2023−0%2024: $134.4M$134.4M2024+29%2025: $164.0M$164.0M2025+22%
Net income910118$116.1M in 2025+47% since 2019
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2019: $79.2M$79.2M20192021: -$71.9M-$71.9M20212022: $55.2M$55.2M20222023: $44.5M$44.5M2023−19%2024: $86.9M$86.9M2024+95%2025: $116.1M$116.1M2025+34%

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
Net sales$1.4B$1.3B$1.3B
Cost of sales$849.5M$832.7M$820.4M
Gross profit$537.4M$482.9M$441.1M
Selling, general and administrative expenses$373.4M$348.5M$339.0M
Restructuring, asset impairment, other (gains) and charges$0$0-$2.5M
Operating income$164.0M$134.4M$104.5M
Interest expense$19.5M$23.2M$31.8M
Other expense (income), net$7.6M-$2.4M$9.1M
Income before income tax expense$136.9M$113.6M$63.7M
Income Tax Expense (Benefit)$20.8M$26.6M$19.1M
Net income$116.1M$86.9M$44.5M
Earnings per share basic (in dollars per share)$1.99$1.49$0.77
Earnings per share diluted (in dollars per share)$1.96$1.48$0.76
Common shares outstanding basic (in shares)58.4M shares58.3M shares58.1M shares
Common shares outstanding diluted (in shares)59.2M shares58.9M shares58.3M shares

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The story

Founded by Ray Anderson in 1973, in LaGrange.1

History

Interface, Inc. and its subsidiaries sells modular carpet tiles, vinyl tile and Nora brand rubber flooring.

Interface was founded in 1973 by Ray Anderson, to create carpet tiles, also known as modular carpet or carpet squares. Carpet tiles, which originated in Europe, became highly popular during the 1980s as an alternative to broadloom carpet, especially in office environments that at the time were switching to flexible, “open” plans that required easy access to wiring and infrastructure beneath floors. Interface grew to become the largest carpet-tile maker on the planet.

Starting in 1994, Interface focused on environmental sustainability, especially in reducing the use of petroleum. At this time, the company announced a program called Mission Zero with a goal of eliminating any negative impact the company may have on the environment by 2020. Since 1996, Interface chose to adopt an innovation-based green strategy. In a short period, it managed to reduce its impact on the environment by one third. Each year, the company releases its annual Impact Report, demonstrating the company’s environmental impact and progress.

In 2016, Interface announced its new mission, Climate Take Back, which aimed to reverse global warming. In 2018, Interface announced that all of its products, including all carpet tile and luxury vinyl tile (LVT), are carbon neutral across the entire product lifecycle through its Carbon Neutral Floors program. in 2019, 90% of Interface’s energy came from renewables.

Interface was recognized as Recyclers of the Year by the Carpet America Recovery Effort (CARE). In 2006 and 2016, Interface was voted number one in Globescan's survey of environmentally sustainable businesses. They are also the recipient of The Queen's Award for Enterprise: Sustainable Development (Environmental Achievement) (2008).

In 2019, Interface reported that it had achieved its Mission Zero goals ahead of its original 2020 target, significantly reducing greenhouse gas emissions, waste, water usage, and reliance on virgin raw materials across its operations.

In 2020, Interface launched Embodied Beauty, its first carbon negative carpet tile collection, representing a milestone in the company’s efforts to commercialize products that store more carbon than they emit over their lifecycle. Interface established science-based targets in 2021 to reduce greenhouse gas emissions in line with international climate goals. The company continued to expand its use of carbon-storing materials, including the incorporation of captured carbon and bio-based materials into its flooring products throughout the early 2020s.

Following its acquisition of nora Systems, Interface expanded innovation within its nora rubber flooring portfolio. In 2025, the company introduced a prototype carbon negative rubber flooring product, extending its carbon negative design approach beyond carpet tile into resilient flooring.

Read the full text

In 2024, the company announced its ambition to become a carbon negative enterprise by 2040, aiming to store more carbon than it emits across its value chain. As part of this strategy, Interface introduced an “all in” approach to carbon reduction, emphasizing direct emissions reductions, low-carbon materials, and carbon storage, without the use of offsets.

Timeline

1973: Ray Anderson creates Carpets International.

1974: Carpets International introduces GlasBac, a patented structured backing system that has become the industry standard for high-performance modular backings.

1982: Carpets International becomes Interface Flooring Systems, Inc, and acquires Compact Carpet of Canada, renaming it Interface Flooring Systems Canada, Inc.

1994: Ray Anderson experiences "spear in the chest” epiphany, leading Interface to establish Mission Zero.

1994: Ray Anderson reads Paul Hawken's book The Ecology of Commerce, inspiring his first environmental speech; develops framework to track and measure sustainability progress, classified as Mount Sustainability.

1995: Interface establishes ReEntry Recycling Program, which reclaims carpet to ensure used flooring tiles do not end up in landfills.

1996: Interface partners with yarn suppliers to develop recycled nylon.

1998: The company introduces NexStep polyurethane cushion backing.

2001: Interface establishes new backing system, GlasBacRE, now featuring up to 81% total recycled content.

2003: Interface launches first residential product through FLOR.

2003: Interface becomes the first carpet company to receive Environmentally Preferable Product (EPP) certification for its products and the first company to introduce Climate Neutral product offering through its Cool Carpet program.

2006: Interface unveils TacTiles, the first glue-free and sustainable flooring installation method.

2008: Interface is first to pilot Environmental Product Declarations (EPDs).

2010: Interface develops first product with 100% recycled nylon with yarn supplier Aquafil.

2012: Interface announces Net-Works in partnership with the Zoological Society of London to collect discarded fishing nets for recycling into new yarn.

2015: Interface introduces Skinny Planks, 25 x 100 cm carpet planks that can be used to create similar patterns to those found on timber or vinyl flooring.

2017: Interface announces entry into the hard surface flooring category with a line of luxury vinyl tile (LVT).

2017: Interface announces Proof Positive, a first-of-its-kind, carbon negative carpet tile prototype.

2018: Interface develops first carbon negative carpet tile backing, CircuitBac Green, to further reduce flooring’s carbon footprint.

2018: Interface acquires Nora Systems.

2019: Interface declares its entire portfolio carbon neutral across the entire product lifecycle through its Carbon Neutral Floors program.

2019: Interface celebrates Mission Zero success and continues to activate on Climate Take Back; releases 25th Sustainability Report, highlighting lessons learned and key EcoMetrics.

2020: Interface launches Embodied Beauty collection, with first-ever cradle-to-gate carbon negative carpet tile.

2021: Interface receives third-party validation of its 2030 science-based GHG reduction targets.

2023: Interface introduces Past Forward™, a global carpet tile collection celebrating 50 years of iconic design through modern reinterpretations of archival patterns.

2024: Interface's residential brand, FLOR, launches a new area rug collaboration with fashion designer Trina Turk, blending bold patterns and vibrant colors inspired by California style.

2025: Interface introduces first-of-its-kind carbon negative nora rubber flooring prototype.

2025: Interface celebrates 25 years of its i2™ design approach with new carpet tile collections with the platform’s modular, non-directional innovation.

2025: Interface begins incorporating captured carbon in its carpet tile manufacturing processes.

2026: Interface introduces noravant, a first-of-its-kind PVC-free resilient flooring solution.

From Wikipedia’s article on Interface, Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led Interface, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (43)

Timeline

  1. Apr 19, 2022New chief executive Laurel Hurd becomes CEO16
  2. Jan 5, 2006New chief executive Daniel T. Hendrix becomes CEO17
  3. Mar 26, 1990Went public Listed on NASDAQ1
  4. 1973Founded Founded in LaGrange1

Filings

363 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 195 insider forms, 24 large holders, 72 other. The latest 20:

  1. Sep 25, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 24, 2026144 EDGAR
  3. Sep 22, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 21, 2026144 EDGAR
  5. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 8, 2026144 EDGAR
  7. Sep 4, 20264 PRIMARY DOCUMENT EDGAR
  8. Sep 3, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 2, 2026144 EDGAR
  10. Aug 28, 20264/A PRIMARY DOCUMENT EDGAR
  11. Aug 28, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 27, 2026144 EDGAR
  13. Aug 24, 2026144 EDGAR
  14. Aug 24, 2026144 EDGAR
  15. Aug 24, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  17. Aug 14, 20264 PRIMARY DOCUMENT EDGAR
  18. Aug 14, 2026SCHEDULE 13G EDGAR
  19. Aug 11, 20263/A PRIMARY DOCUMENT EDGAR
  20. Aug 11, 2026144 EDGAR

The 363 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

51 open-market trades by officers, directors and large owners since October 2021: 0 buys and 51 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 24, 2026Hurd LaurelPresident & CEOSale7,000$34.99$244.9KForm 4
Sep 21, 2026HENDRIX DANIEL TDirectorSale4,000$34.05$136.2KForm 4
Sep 8, 2026Foshee David BVice President/SecretarySale28,451$35.99$1.0MForm 4
Sep 2, 2026HENDRIX DANIEL TDirectorSale8,000$37.13$297.0KForm 4
Sep 2, 2026HENDRIX DANIEL TDirectorSale8,000$37.13$297.0KForm 4
Aug 27, 2026Blackorby William ThomasVP, Chief Supply Chain OfficerSale2,826$37.86$107.0KForm 4
Aug 26, 2026Hausmann Bruce AndrewVP & CFOSale170$39.13$6.7KForm 4
Aug 24, 2026Hurd LaurelPresident & CEOSale7,000$39.09$273.6KForm 4
Aug 19, 2026Blackorby William ThomasVP, Chief Supply Chain OfficerSale2,826$39.21$110.8KForm 4
Aug 11, 2026Poppens JamesVice PresidentSale10,000$38.43$384.3KForm 4
Aug 11, 2026Pridgen RobertChief Accounting OfficerSale8,000$38.30$306.4KForm 4
May 27, 2026Hausmann Bruce AndrewVP & CFOSale50,000$29.66$1.5MForm 4
May 18, 2026Foshee David BVice President/SecretarySale44,393$29.00$1.3MForm 4
Mar 6, 2026Poppens JamesVice PresidentSale8,000$28.05$224.4KForm 4
Mar 5, 2026Poppens JamesVice PresidentSale5,000$28.11$140.6KForm 4
Mar 4, 2026Poppens JamesVice PresidentSale2,650$29.11$77.1KForm 4
Mar 3, 2026Poppens JamesVice PresidentSale10,000$29.42$294.2KForm 4
Feb 27, 2026Poppens JamesVice PresidentSale5,206$31.28$162.8KForm 4
Feb 26, 2026Poppens JamesVice PresidentSale9,144$31.56$288.6KForm 4
Aug 27, 2025Hausmann Bruce AndrewVP & CFOSale25,000$26.95$673.8KForm 4

All 51 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.9,432,349$338.1M0.0%+303,288
American Century Companies Inc3,033,445$108.7M0.0%+311,618
Vanguard Portfolio Management LLC2,994,330$107.3M0.0%+2,520
Dimensional Fund Advisors LP2,729,949$97.8M0.0%+47,865
Vanguard Capital Management LLC2,474,660$88.7M0.0%+29,010
State Street Corp2,311,144$82.8M0.0%+105,863
Fuller & Thaler Asset Management, Inc.2,140,650$76.7M0.2%+257,166
Geode Capital Management, LLC1,927,830$69.1M0.0%+453,586
Barrow Hanley Mewhinney & Strauss LLC1,843,670$66.1M0.2%−346,644
Hood River Capital Management LLC1,584,452$56.8M0.4%−27,635
Copeland Capital Management, LLC1,235,110$44.3M0.9%+1,232,314
Nuveen, LLC992,584$35.6M0.0%+606,948
Invesco Ltd.947,420$34.0M0.0%+62,242
D. E. Shaw & Co., Inc.862,819$30.9M0.0%−119,833
Frontier Capital Management Co LLC839,878$30.1M0.3%−222,230
Charles Schwab Investment Management Inc828,314$29.7M0.0%−19,295
Silvercrest Asset Management Group LLC825,753$29.6M0.2%−61,518
Northern Trust Corp805,381$28.9M0.0%+165,756
SG Capital Management LLC708,937$25.4M2.3%+548,648
Clark Capital Management Group, Inc.693,929$24.9M0.1%+53,453
Schroder Investment Management Group629,276$22.5M0.0%+57,980
Morgan Stanley572,097$20.5M0.0%−120,760
Panagora Asset Management Inc488,040$17.5M0.1%+76,520
Bank of New York Mellon Corp460,589$16.5M0.0%+6,068
Oberweis Asset Management Inc/443,200$15.9M0.3%−700

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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