In fiscal 2026, which ended May 3, 2026, Culp Inc reported revenue of $203.5 million, down 4.6% from the year before. It recorded a net loss of $10.2 million. The operating loss came to $7.2 million, an operating margin of -3.5%. Diluted earnings per share were -$0.81. Over the twelve months ended Aug 2, 2026, revenue was $206.8 million and the net loss was $4.0 million. Across the 10 fiscal years shown, revenue shrank from $309.5 million in fiscal 2017 to $203.5 million in fiscal 2026, about 4.6% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Aug 2, 2026
|
FY 2026
May 3, 2026
|
FY 2025
Apr 27, 2025
|
FY 2024
Apr 28, 2024
|
FY 2023
Apr 30, 2023
|
FY 2022
May 1, 2022
|
FY 2021
May 2, 2021
|
FY 2020
May 3, 2020
|
FY 2019
Apr 28, 2019
|
FY 2018
Apr 29, 2018
|
FY 2017
Apr 30, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
207
-0.3%
|
203
-4.6%
|
213
-5.4%
|
225
-4.1%
|
235
-20.3%
|
295
-1.6%
|
300
+17.0%
|
256
-8.9%
|
281
-13.1%
|
324
+4.6%
|
310
-1.1%
|
| Cost of revenue |
173
-3.7%
|
178
-5.2%
|
188
-4.7%
|
197
-11.9%
|
224
-13.4%
|
259
+3.5%
|
250
+15.9%
|
216
-8.4%
|
236
-9.1%
|
259
+7.8%
|
240
-3.0%
|
| Gross profit |
33
+22.4%
|
25
+0.4%
|
25
-10.3%
|
28
+156.4%
|
11
-69.8%
|
36
-27.6%
|
50
+23.0%
|
40
-11.5%
|
46
-29.2%
|
65
-6.6%
|
69
+6.3%
|
| Selling, general and administrative |
34
-3.6%
|
35
-2.9%
|
36
-7.5%
|
39
+1.7%
|
38
+7.2%
|
35
-6.2%
|
38
+9.7%
|
34
+3.6%
|
33
-10.6%
|
37
-5.1%
|
39
+6.5%
|
| Operating income |
-2
+78.5%
|
-7
+60.9%
|
-18
-62.5%
|
-11
+60.3%
|
-28
-4300.3%
|
1
-94.4%
|
12
+259.6%
|
-8
-156.7%
|
13
-51.4%
|
27
-8.7%
|
30
+6.1%
|
| Interest income |
1
+9.5%
|
1
+17.3%
|
1
-22.1%
|
1
+121.1%
|
1
+42.4%
|
0
+52.9%
|
0
-72.8%
|
1
+13.7%
|
1
+47.8%
|
1
+78.6%
|
0
+69.9%
|
| Interest expense |
1
+89.4%
|
1
+228.6%
|
0
+2000.0%
|
0
-35.3%
|
—
|
0
-66.7%
|
0
-51.9%
|
0
+202.9%
|
0
-62.8%
|
0
+46.9%
|
—
|
| Other non-operating income (expense) |
-1
+40.4%
|
-1
-38.9%
|
-1
-62.9%
|
-1
-41.1%
|
-0
+67.4%
|
-1
+38.5%
|
-2
-144.8%
|
-1
+34.8%
|
-1
-35.9%
|
-1
-49.5%
|
-1
-10.6%
|
| Pretax income |
-3
+75.6%
|
-8
+55.7%
|
-19
-73.7%
|
-11
+62.1%
|
-28
-8635.4%
|
-0
-103.0%
|
11
+241.7%
|
-8
-160.4%
|
13
-52.7%
|
27
-9.5%
|
30
+6.4%
|
| Income tax |
1
-6.3%
|
2
+391.3%
|
0
-87.1%
|
3
-2.6%
|
3
+8.5%
|
3
-62.5%
|
8
+129.4%
|
3
-48.7%
|
7
+13.9%
|
6
-21.8%
|
7
-33.1%
|
| Net income |
-4
+66.9%
|
-10
+46.5%
|
-19
-38.2%
|
-14
+56.2%
|
-32
-881.6%
|
-3
-199.8%
|
3
+111.2%
|
-29
-625.2%
|
5
|
—
|
—
|
| Basic EPS |
-0.32
+67.2%
|
-0.81
+47.1%
|
-1.53
-37.8%
|
-1.11
+56.8%
|
-2.57
-888.5%
|
-0.26
-200.0%
|
0.26
+111.2%
|
-2.32
-627.3%
|
0.44
-73.8%
|
1.68
-7.2%
|
1.81
+31.2%
|
| Diluted EPS |
-0.32
+67.3%
|
-0.81
+47.1%
|
-1.53
-37.8%
|
-1.11
+56.8%
|
-2.57
-888.5%
|
-0.26
-200.0%
|
0.26
+111.2%
|
-2.32
-639.5%
|
0.43
-73.9%
|
1.65
-7.3%
|
1.78
+30.9%
|
| Weighted average shares, basic |
13
+0.8%
|
13
+0.8%
|
13
+0.7%
|
12
+1.2%
|
12
+0.3%
|
12
-0.5%
|
12
-0.6%
|
12
-0.7%
|
12
+0.2%
|
12
+1.0%
|
12
+0.1%
|
| Weighted average shares, diluted |
13
+1.1%
|
13
+0.8%
|
13
+0.7%
|
12
+1.2%
|
12
+0.3%
|
12
-0.6%
|
12
-0.5%
|
12
-1.4%
|
13
-0.7%
|
13
+0.9%
|
13
+0.3%
|
| Other measures | |||||||||||
| Depreciation and amortization |
4
-21.4%
|
4
-24.5%
|
5
-16.6%
|
7
-4.7%
|
7
-2.1%
|
7
+2.2%
|
7
-12.5%
|
8
-3.6%
|
8
+5.8%
|
8
+8.3%
|
7
+6.2%
|
| EBITDA |
2
+135.9%
|
-3
+76.2%
|
-13
-170.3%
|
-5
+77.9%
|
-22
-382.0%
|
8
-59.5%
|
19
+7205.8%
|
0
-98.8%
|
21
-38.9%
|
35
-5.5%
|
37
+6.2%
|
| Interest coverage |
-2.92x
|
-9.47x
|
-79.55x
|
-1,028.00x
|
-1,675.18x
|
—
|
236.78x
|
-71.40x
|
381.46x
|
292.14x
|
469.97x
|
| Margins | |||||||||||
| Gross margin |
16.11%
|
12.36%
|
11.76%
|
12.40%
|
4.64%
|
12.24%
|
16.63%
|
15.81%
|
16.27%
|
19.97%
|
22.37%
|
| Operating margin |
-1.03%
|
-3.53%
|
-8.62%
|
-5.02%
|
-12.12%
|
0.23%
|
4.03%
|
-2.95%
|
4.75%
|
8.48%
|
9.72%
|
| Pretax margin |
-1.24%
|
-4.07%
|
-8.77%
|
-4.78%
|
-12.08%
|
-0.11%
|
3.63%
|
-3.00%
|
4.52%
|
8.30%
|
9.59%
|
| Profit margin |
-1.93%
|
-5.02%
|
-8.96%
|
-6.13%
|
-13.42%
|
-1.09%
|
1.07%
|
-11.19%
|
1.94%
|
—
|
—
|
| EBITDA margin |
0.86%
|
-1.51%
|
-6.07%
|
-2.12%
|
-9.21%
|
2.60%
|
6.31%
|
0.10%
|
7.63%
|
10.85%
|
12.01%
|
| Effective tax rate |
—
|
—
|
—
|
—
|
—
|
—
|
70.71%
|
—
|
51.38%
|
21.35%
|
24.71%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Broadwoven Fabric Mills, Cotton (SIC 2211)
- Listed as
- CULP (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NC
- Headquarters
- High Point, NC
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 723603
Source: SEC EDGAR filings. This is company-reported data, not investment advice.