KN · Knowles Corp - 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $593.20M | $553.50M | $707.60M | $764.70M | $868.10M | $764.30M |
| Cost of Revenue | $332.50M | $316.80M | $435.50M | $456.20M | $508.60M | $490.80M |
| Gross Profit | $256.30M | $234.80M | $283.40M | $276.30M | $359.50M | $271.20M |
| R&D | $40.20M | $39.50M | $78.50M | $81.70M | $92.80M | $92.90M |
| SG&A | $142.80M | $142.00M | $150.30M | $128.90M | $146.40M | $131.50M |
| Total Operating Expenses | $186.00M | $183.00M | $232.30M | $691.10M | $243.70M | $242.00M |
| D&A | $36.30M | $50.30M | $46.50M | $53.90M | $62.50M | $60.60M |
| Operating Income | $70.30M | $51.80M | $51.10M | ($414.80M) | $115.80M | $29.20M |
| Interest Expense | $7.50M | - | - | - | - | - |
| Income Tax | $13.10M | $11.30M | ($27.40M) | $11.90M | ($45.60M) | $8.40M |
| Net Income | $44.20M | ($237.80M) | $72.40M | ($430.10M) | $150.40M | $6.60M |
| EPS - Basic | $0.51 | ($2.67) | $0.80 | ($4.69) | $1.63 | $0.07 |
| EPS - Diluted | $0.50 | ($2.64) | $0.79 | ($4.69) | $1.59 | $0.07 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $54.20M | $130.10M | $87.30M | $48.20M | $68.90M | $147.80M |
| Accounts Receivable | $102.80M | $105.00M | $135.30M | $134.70M | $146.60M | $131.40M |
| Inventory | $124.60M | $118.00M | $196.40M | $169.50M | $153.10M | $130.10M |
| Accounts Payable | $42.90M | $58.50M | $51.30M | $41.40M | $90.90M | $70.30M |
| Current Assets | $291.40M | $361.40M | $428.80M | $362.40M | $380.30M | $419.60M |
| Total Assets | $1.05B | $1.12B | $1.46B | $1.18B | $1.73B | $1.65B |
| Current Liabilities | $105.90M | $197.60M | $164.60M | $99.10M | $166.20M | $297.30M |
| Long-term Debt | $114.00M | $134.00M | $224.10M | $45.00M | $70.00M | $0 |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $775.80M | $756.00M | $1.03B | $992.90M | $1.46B | $1.30B |
| Retained Earnings | ($569.40M) | ($613.60M) | ($375.80M) | ($448.20M) | ($18.10M) | ($168.50M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | - | - | - |
| Investing Cash Flow | ($31.60M) | $45.20M | ($141.60M) | ($32.70M) | ($129.60M) | ($35.10M) |
| Financing Cash Flow | ($158.90M) | ($132.00M) | $58.20M | ($73.20M) | ($131.40M) | ($23.90M) |
| CapEx | $32.10M | $13.60M | $16.90M | $32.10M | $48.60M | $31.90M |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 43.2% | 42.4% | 40.1% | 36.1% | 41.4% | 35.5% |
| Operating margin | 11.9% | 9.4% | 7.2% | -54.2% | 13.3% | 3.8% |
| EBITDA margin | 18.0% | 18.4% | 13.8% | -47.2% | 20.5% | 11.7% |
| Net margin | 7.5% | -43.0% | 10.2% | -56.2% | 17.3% | 0.9% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | 6.8% | 7.1% | 11.1% | 10.7% | 10.7% | 12.2% |
| SG&A / Revenue | 24.1% | 25.7% | 21.2% | 16.9% | 16.9% | 17.2% |
| Effective tax rate | 22.9% | - | -60.9% | - | -43.5% | 56.0% |
| Return on assets | 4.2% | -21.3% | 4.9% | -36.3% | 8.7% | 0.4% |
| Return on equity | 5.7% | -31.5% | 7.0% | -43.3% | 10.3% | 0.5% |
| Return on invested capital | 6.1% | 4.6% | 4.1% | -31.6% | 7.6% | 1.1% |
| Liquidity | ||||||
| Current ratio | 2.75 | 1.83 | 2.61 | 3.66 | 2.29 | 1.41 |
| Quick ratio | 1.58 | 1.23 | 1.41 | 1.95 | 1.37 | 0.97 |
| Cash ratio | 0.51 | 0.66 | 0.53 | 0.49 | 0.41 | 0.50 |
| Leverage | ||||||
| Debt / Equity | 0.15 | 0.18 | 0.22 | 0.05 | 0.05 | 0.00 |
| Debt / Assets | 0.11 | 0.12 | 0.15 | 0.04 | 0.04 | 0.00 |
| Debt / EBITDA | 1.07 | 1.31 | 2.30 | - | 0.39 | 0.00 |
| Interest coverage | 9.4x | - | - | - | - | - |
| Equity multiplier | 1.35 | 1.48 | 1.41 | 1.19 | 1.19 | 1.27 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.56 | 0.49 | 0.48 | 0.65 | 0.50 | 0.46 |
| Inventory turnover | 2.67 | 2.68 | 2.22 | 2.69 | 3.32 | 3.77 |
| Days sales outstanding | 63d | 69d | 70d | 64d | 62d | 63d |
| Days inventory outstanding | 137d | 136d | 165d | 136d | 110d | 97d |
| Days payable outstanding | 47d | 67d | 43d | 33d | 65d | 52d |
| Cash conversion cycle | 153d | 138d | 191d | 167d | 106d | 107d |
| Valuation | ||||||
| P / E | 42.9x | - | 22.7x | - | 14.7x | 263.3x |
| P / B | 2.4x | 2.4x | 1.6x | 1.5x | 1.5x | 1.3x |
| P / S | 3.2x | 3.2x | 2.3x | 2.0x | 2.5x | 2.2x |
| EV / EBITDA | 18.3x | 17.6x | 18.2x | - | 12.4x | 17.4x |
| Growth | ||||||
| Revenue growth (YoY) | 7.2% | -21.8% | -7.5% | -11.9% | 13.6% | -10.6% |
| Revenue CAGR (3y) | -8.1% | -13.9% | -2.5% | -3.6% | 1.6% | 0.9% |
| Revenue CAGR (5y) | -4.9% | -8.3% | -3.1% | 0.5% | 0.2% | -6.8% |
| Gross profit growth (YoY) | 9.2% | -17.1% | 2.6% | -23.1% | 32.6% | -17.3% |
| Operating income growth (YoY) | 35.7% | 1.4% | - | - | 296.6% | -64.0% |
| Net income growth (YoY) | - | - | - | - | 2178.8% | -86.6% |
| EPS growth (YoY) | - | - | - | - | 2171.4% | -86.8% |
| EPS CAGR (3y) | - | - | 124.3% | - | 29.0% | -54.6% |
| EPS CAGR (5y) | 48.2% | - | 1.3% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 2.6% | -26.9% | 4.1% | -32.0% | 12.0% | 1.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$593.20M totalPrecision Devices$328.90M · 55.4%
Med Tech Specialty Audio$264.30M · 44.6%
Geographic
$593.20M totalUS$248.80M · 41.9%
Asia$226.10M · 38.1%
Europe$95.40M · 16.1%
Other Americas$12.00M · 2.0%
Other Geographical Locations$10.90M · 1.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- -Operating cash flow positive
- ✓ROA improved YoY
- -Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Household Audio & Video Equipment
Comparing Knowles Corp against the 5 most active filers in the same SIC group.