Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR brand names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brand names; and luxury vinyl tile products. It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services. In addition, the company sells and licenses a proprietary antimicrobial chemical compound under the Intersept name for use in interior finishes; sells TacTiles, a carpet tile installation system, as well as various adhesives and products; and provides turnkey project management services for global accounts and other customers through its InterfaceSERVICES business. It sells its products directly to end-users, as well as indirectly through independent contractors or distributors, and FLOR line of products through Internet sales and commercial sales force. The company has product showrooms or design studios in the United States, Canada, Mexico, England, France, Germany, Spain, the Netherlands, India, Australia, Norway, the United Arab Emirates, Russia, Singapore, Hong Kong, Thailand, China, and others. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.
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Here are 1-2 brief analogies for Interface (TILE):
- The Patagonia of commercial flooring: Just as Patagonia is known for its sustainable, high-quality outdoor apparel, Interface is a leader in sustainable, design-forward commercial flooring, particularly modular carpet tile.
- The Steelcase of commercial flooring: Similar to how Steelcase provides high-quality, design-centric furniture solutions for commercial spaces, Interface offers premium and innovative flooring products for businesses and institutions.
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- Carpet Tile: Modular flooring solutions designed for commercial and institutional environments, known for ease of installation, replacement, and design flexibility.
- Luxury Vinyl Tile (LVT): Durable, high-performance vinyl flooring options that mimic the look of natural wood or stone, suitable for various commercial applications.
- Nora Rubber Flooring: High-quality, sustainable rubber flooring systems known for their durability, slip resistance, and ergonomic benefits, primarily used in healthcare, education, and industry.
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Interface (symbol: TILE) sells primarily to other companies and institutions (B2B).
Due to the project-based nature of its business and highly diversified sales across numerous end-use markets, Interface does not publicly disclose specific "major customer companies" that account for a significant concentration of its revenue (e.g., no single customer typically accounts for 10% or more of net sales). Interface's products, including modular carpet tile and luxury vinyl tile, are specified by designers and architects and purchased by a wide array of commercial and institutional clients globally.
While specific customer names are not available, the major categories of customers (or end-users) that Interface primarily serves fall within the following sectors:
- Corporate Offices: Businesses seeking flooring solutions for office spaces, meeting rooms, and common areas.
- Education Facilities: Institutions such as K-12 schools, colleges, and universities for classrooms, libraries, and administrative areas.
- Healthcare Facilities: Hospitals, clinics, and medical offices requiring durable and cleanable flooring.
- Hospitality: Hotels, resorts, restaurants, and other leisure venues looking for aesthetic and performance-driven flooring.
- Retail Spaces: Stores, showrooms, and shopping centers needing attractive and hard-wearing floors.
- Government and Public Institutions: Federal, state, and local government buildings, as well as libraries and museums.
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Laurel Hurd, President and Chief Executive Officer
Laurel Hurd was appointed President and Chief Executive Officer of Interface in April 2022. She brings 30 years of experience in sales management, product development, and brand stewardship from the consumer-packaged goods and consumer durables sectors. Before joining Interface, she spent most of her career at Newell Brands, where she held various leadership positions, including Segment President of the Learning and Development division, overseeing a portfolio with over $3 billion in revenue. She also serves as an independent director on the board of THOR Industries, Inc.
Bruce Hausmann, Vice President & Chief Financial Officer
Bruce Hausmann joined Interface as Vice President and Chief Financial Officer in April 2017. He is responsible for the company's global financial operations, including finance, accounting, tax, treasury, risk management, financial reporting, and investor relations. Hausmann has over 25 years of experience in corporate and operational finance across diverse industries, with experience in public, private equity, and venture-backed capital structures.
Jim Poppens, Chief Commercial Officer
Jim Poppens has served as Chief Commercial Officer and Vice President of Interface since 2023, having previously been the Vice President of Corporate Marketing for the company. He has held leadership roles at prominent companies such as Newell Rubbermaid, Kellogg Company, REI, and Coca-Cola.
Jake Elson, Vice President & Chief Information Officer
Jake Elson joined Interface in October 2019 as Vice President and Chief Information Officer. Prior to Interface, he was the Chief Information Officer at Design Group and held various international leadership roles at Kimberly-Clark, including regional CIO in Latin America and South Africa.
Bill Blackorby, Vice President & Chief Supply Chain Officer
Bill Blackorby joined Interface in August 2023 as Vice President and Chief Supply Chain Officer. He is responsible for optimizing the company's supply chain, enhancing productivity, and increasing agility across global supply chain operations. Blackorby has over 25 years of experience leading complex international supply chain, manufacturing, and distribution teams, starting his career at General Electric (GE).
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Interface (TILE) operates in the global commercial flooring market, with its main products including modular carpet tiles, luxury vinyl tile (LVT), and Nora brand rubber flooring. The addressable markets for these products are as follows:
- Modular Carpet Tiles: The global modular carpet tile market was valued at approximately $4.9 billion in 2025. Other reports indicate the broader global carpet tiles market was valued at $12.6 billion in 2023 and is projected to reach $21.8 billion by 2032, growing at a CAGR of 6.4% from 2024 to 2032. Another source estimates the global modular carpet tile market size at $8.7 billion in 2024, forecasted to reach $16.4 billion by 2033.
- Luxury Vinyl Tile (LVT): The global luxury vinyl tile flooring market was valued at $26.1 billion in 2022 and is anticipated to expand at a 9.9% CAGR from 2023 to 2032. Another report states the luxury vinyl tile floor covering market size is projected to be $32.73 billion in 2025 and is expected to reach $48.06 billion by 2030. The global luxury vinyl tiles market was also valued at approximately $22.9 billion in 2023.
- Nora Rubber Flooring: While specific market size for "Nora brand rubber flooring" is not independently segmented, the broader global rubber floor covering market size was recorded at $12.54 billion in 2021, with projections to reach $15.24 billion by the end of 2025 and $22.52 billion by 2033, growing at a CAGR of 5% from 2025 to 2033. Other sources estimate the global rubber flooring market at $1.1 billion in 2023, projected to reach $1.6 billion by 2032, and $2.2 billion in 2024, expected to reach $3.19 billion by 2031.
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Interface (NASDAQ: TILE) is expected to drive future revenue growth over the next 2-3 years through a combination of strategic initiatives, market focus, and product differentiation:
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Enhanced Commercial Team Productivity and the "One Interface" Strategy: The company's "One Interface" strategy is aimed at accelerating growth by building strong global functions to support local sales teams and enhancing commercial team productivity. This approach focuses on optimizing internal processes and sales effectiveness to boost overall revenue.
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Expansion in Key Vertical Markets: Interface anticipates continued growth by targeting specific market segments. The company has observed double-digit growth in global education billings and gained market share in the corporate office segment in fiscal year 2024. Furthermore, the healthcare segment is being positioned for future success, and there's an expectation of ongoing demand from return-to-office mandates, particularly in premium office spaces.
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Product Innovation and Differentiation through Design, Performance, and Sustainability: Interface plans to drive revenue by continually differentiating its product portfolio through exceptional design, superior performance, and a strong commitment to sustainability. The company is recognized for its premium, high-quality products and has introduced new and updated styles, including the industry's first cradle-to-gate carbon-negative carpet tile and rubber flooring prototypes. This focus on innovation and environmental leadership is a key competitive advantage.
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Strategic Pricing and Favorable Product Mix: Interface has demonstrated its ability to increase net sales through a balanced approach of price and volume. Management has successfully executed strategies to maintain pricing and drive a favorable mix of products, contributing to revenue growth and expanded gross profit margins.
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Share Repurchases
- Interface authorized a new share repurchase program for up to $100 million of its common stock on May 17, 2022.
- During the nine months ended September 28, 2025, the company repurchased 250,000 shares of common stock at a weighted average price of $20.57 per share, totaling approximately $5.14 million.
- In Q2 2025 and Q3 2025, Interface repurchased $4.3 million and $0.7 million of common stock, respectively.
Share Issuance
- No significant dollar amounts of share issuances were explicitly reported within the last 3-5 years.
Inbound Investments
- No significant inbound investments from third-parties (e.g., strategic partners or private equity firms) were explicitly reported within the last 3-5 years.
Outbound Investments
- No significant outbound investments in other companies were explicitly reported within the last 3-5 years.
Capital Expenditures
- Interface's capital expenditures were $26.1 million in 2023 and $33.8 million in 2024.
- Expected capital expenditures for the full fiscal year 2025 are approximately $45 million.
- The primary focus of capital expenditures for 2025 includes strategic investments in the business, such as plant equipment for margin expansion, investments in the selling organization to drive growth, and enhancements in automation and robotics for improved efficiency and waste reduction.