KN

MKT CAP:$3B

Knowles Corporation

Market Cap

$3B

Technology·Communication Equipment·🇺🇸 United States·NYSE

Technology·Communication·🇺🇸·NYSE

Stock Price

$30.53+$8.58 (+39.09%)

Apr 22, 2026

Company Details

Knowles Corporation offers micro-acoustic microphones and balanced armature speakers, audio solutions, high performance capacitors, and radio frequency products for the consumer electronics, medtech, defense, electric vehicle, industrial, a...

CEO

Jeffrey S. Niew

IPO Date

Feb 14, 2014

Website

www.knowles.com

Key Metrics TTM

Revenue

$602M

-21.2% YoY

Net Income

$64M

EPS (Diluted)

$0.70

Free Cash Flow

$99M

Revenue / Share

$6.88

Gross Margin

38.7%

Operating Margin

7.2%

Net Margin

10.6%

FCF Margin

16.5%

P/S

4.4x

P/E

41.2x

Earnings Reports

FY 2025

Feb 9, 2026

$593MEPS $0.50

Q2 2025

Jul 29, 2025

$146MEPS $0.09

Q4 2023

Feb 21, 2024

$139M-29.4%EPS $0.52

Q2 2023

Aug 2, 2023

$173M-8.0%EPS $0.15

Q1 2023

May 2, 2023

$144M-28.4%EPS -$0.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 19	$236M	$92M	$36M
Q2 20	$152M	$46M	-$5M
Q3 20	$206M	$71M	$21M
Q4 20	$243M	$88M	$36M
Q1 21	$201M	$73M	$17M
Q2 21	$200M	$79M	$22M
Q3 21	$233M	$93M	$39M
Q4 21	$234M	$96M	$41M
Q1 22	$201M	$80M	$28M
Q2 22	$188M	$76M	$27M
Q3 22	$178M	$39M	-$10M
Q4 22	$197M	$84M	$35M
Q1 23	$144M	$51M	$200.0K
Q2 23	$173M	$65M	$12M
Q4 23	$139M	$57M	$14M
Q2 25	$146M	$60M	$18M

Valuation

Quarter	P/S	P/E
Q3 19	2.3x	466.1x
Q2 20	1.8x	151.4x
Q3 20	1.7x	79.3x
Q4 20	2.0x	40.7x
Q1 21	2.4x	68.1x
Q2 21	2.2x	28.1x
Q3 21	2.0x	20.3x
Q4 21	2.5x	14.4x
Q1 22	2.4x	13.2x
Q2 22	1.9x	—
Q3 22	1.4x	—
Q4 22	2.1x	—
Q1 23	2.2x	—
Q2 23	2.4x	—
Q4 23	2.3x	—
Q2 25	2.6x	24.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 19	$40M	$32M
Q2 20	$27M	$20M
Q3 20	$28M	$22M
Q4 20	$76M	$64M
Q1 21	$40M	$35M
Q2 21	$21M	$11M
Q3 21	$56M	$43M
Q4 21	$66M	$45M
Q1 22	$800.0K	-$6M
Q2 22	$20M	$13M
Q3 22	$19M	$8M
Q4 22	$47M	$39M
Q1 23	$20M	$16M
Q2 23	$200.0K	-$4M
Q4 23	$60M	$55M
Q2 25	$36M	$31M

Capital Expenditures

Quarter	CapEx
Q3 19	$8M
Q2 20	$7M
Q3 20	$6M
Q4 20	$12M
Q1 21	$5M
Q2 21	$11M
Q3 21	$12M
Q4 21	$20M
Q1 22	$7M
Q2 22	$7M
Q3 22	$11M
Q4 22	$7M
Q1 23	$4M
Q2 23	$4M
Q4 23	$5M
Q2 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 19	+27.3%	+4.5%
Q2 20	-20.0%	-18.3%
Q3 20	+14.5%	+7.1%
Q4 20	+18.5%	+7.7%
Q1 21	-14.8%	-8.0%
Q2 21	+31.3%	+13.4%
Q3 21	+13.2%	+5.0%
Q4 21	-3.7%	-6.5%
Q1 22	+0.2%	-5.4%
Q2 22	-5.9%	-9.4%
Q3 22	-23.5%	-3.2%
Q4 22	-15.9%	-16.5%
Q1 23	-28.4%	-17.1%
Q2 23	-8.0%	+0.1%
Q4 23	-21.9%	-33.3%
Q2 25	-26.0%	-20.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 19	$5M	2.2%
Q2 20	$4M	2.7%
Q3 20	$5M	2.3%
Q4 20	$5M	2.0%
Q1 21	$11M	5.5%
Q2 21	$0	0.0%
Q3 21	$7M	3.0%
Q4 21	$7M	2.8%
Q1 22	$8M	3.8%
Q2 22	$7M	3.8%
Q3 22	$7M	3.8%
Q4 22	$7M	3.6%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$7M	5.2%
Q2 25	$6M	4.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q3 19	$23M	$33M
Q2 20	$23M	$28M
Q3 20	$22M	$29M
Q4 20	$23M	$29M
Q1 21	$23M	$33M
Q2 21	$25M	$33M
Q3 21	$21M	$33M
Q4 21	$21M	$35M
Q1 22	$22M	$31M
Q2 22	$20M	$29M
Q3 22	$18M	$31M
Q4 22	$16M	$32M
Q1 23	$19M	$32M
Q2 23	$18M	$35M
Q4 23	$8M	$36M
Q2 25	$10M	$32M

Revenue Segments

Quarter	Audio	Precision Devices	Consumer MEMS Microphones	MedTech & Specialty Audio
Q3 19	$194M	$42M	—	—
Q2 20	$105M	$48M	—	—
Q3 20	$165M	$41M	—	—
Q4 20	$202M	$41M	—	—
Q1 21	$163M	$38M	—	—
Q2 21	$150M	$50M	—	—
Q3 21	$178M	$55M	—	—
Q4 21	$176M	$58M	—	—
Q1 22	$146M	$56M	—	—
Q2 22	$129M	$60M	—	—
Q3 22	$114M	$64M	—	—
Q4 22	$134M	$63M	—	—
Q1 23	—	$54M	$45M	$46M
Q2 23	—	$48M	$65M	$61M
Q2 25	—	$79M	—	$67M

Revenue by Geography

Quarter	Asia	Europe	Other Americas	Other Geographical Locations Member	United States
Q3 19	$178M	$22M	$2M	$2M	$32M
Q2 20	$107M	$14M	$900.0K	$1M	$29M
Q3 20	$152M	$23M	$1M	$900.0K	$29M
Q4 20	$191M	$20M	$900.0K	$900.0K	$30M
Q1 21	$148M	$19M	$1M	$1M	$32M
Q2 21	$141M	$22M	$1M	$1M	$36M
Q3 21	$163M	$25M	$2M	$1M	$42M
Q4 21	$160M	$28M	$2M	$1M	$44M
Q1 22	$129M	$28M	$2M	$2M	$41M
Q2 22	$113M	$28M	$1M	$2M	$45M
Q3 22	$105M	$25M	$3M	$2M	$44M
Q4 22	$124M	$24M	$2M	$2M	$45M
Q1 23	$80M	$24M	$2M	$3M	$35M
Q2 23	$109M	$26M	$1M	$3M	$34M
Q2 25	$59M	$24M	$3M	$2M	$59M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$48M	$0	$48M
Q3 22	$42M	$0	$42M
Q4 22	$48M	$0	$48M
Q1 23	$52M	$0	$52M
Q2 23	$54M	$0	$54M
Q3 23	$75M	$0	$75M
Q4 23	$87M	$0	$87M
Q1 24	$122M	$0	$122M
Q2 24	$84M	$0	$84M
Q3 24	$93M	$0	$93M
Q4 24	$130M	$0	$130M
Q1 25	$102M	$0	$102M
Q2 25	$103M	$0	$103M
Q3 25	$93M	$0	$93M
Q4 25	$54M	$0	$54M
Q1 26	$41M	$0	$41M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 19	94M	+1.5%	+6.0%
Q2 20	92M	-2.4%	+3.3%
Q3 20	92M	+1.0%	+2.1%
Q4 20	93M	+0.5%	+0.5%
Q1 21	95M	+2.2%	+1.2%
Q2 21	95M	-0.1%	+3.6%
Q3 21	94M	-0.8%	+1.8%
Q4 21	94M	+0.2%	+1.4%
Q1 22	94M	0.0%	-0.7%
Q2 22	92M	-2.4%	-3.1%
Q3 22	92M	0.0%	-2.2%
Q4 22	91M	-1.1%	-3.5%
Q1 23	91M	+0.4%	-3.1%
Q2 23	92M	+0.4%	-0.2%
Q4 23	91M	-1.2%	-1.4%
Q2 25	88M	-3.4%	-3.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 19	$29.5K	8K
Q2 20	$17.9K	9K
Q3 20	$24.2K	9K
Q4 20	$34.7K	7K
Q1 21	$28.7K	7K
Q2 21	$28.5K	7K
Q3 21	$33.3K	7K
Q4 21	$33.5K	7K
Q1 22	$28.8K	7K
Q2 22	$26.9K	7K
Q3 22	$25.5K	7K
Q4 22	$28.2K	7K
Q1 23	$20.6K	7K
Q2 23	$24.7K	7K
Q4 23	$19.6K	7K
Q2 25	$26.5K	6K

Revenue / Employee