Knowles Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	44.2	-237.8	72.4	-430.1	150.4
Depreciation & Amortization	36.3	37.6	26.2	24.4	62.5
Loss (Gain) From Sale of Assets	0.1	-15.1	-10	0.5	-
Asset Writedown & Restructuring Costs	3.6	263.2	-1.8	484.4	4
Stock-Based Compensation	28.4	22.8	29	28.6	32.1
Other Operating Activities	16.3	19.4	-39.2	-3.6	-53.2
Change in Accounts Receivable	1.1	4	12.7	11.1	-12.3
Change in Inventory	-5.1	1.6	11.5	-22.8	-20.7
Change in Accounts Payable	-18	25	6.2	-41.2	17.2
Change in Income Taxes	-2.3	1.6	-0.4	1.3	-1.1
Change in Other Net Operating Assets	6.6	-4.9	-4.2	4.2	3.2
Operating Cash Flow	114	130.1	122.7	86.3	182.1
Operating Cash Flow Growth	-12.38%	6.03%	42.18%	-52.61%	42.16%
Capital Expenditures	-32.1	-13.6	-17.2	-32.1	-48.6
Sale of Property, Plant & Equipment	-	-	12.5	0.1	0.6
Cash Acquisitions	-	-	-136.9	-0.7	-78.5
Divestitures	-	58	-	-	-
Sale (Purchase) of Intangibles	-	7.2	-	-	-
Investment in Securities	-	-	-	-	-3.1
Investing Cash Flow	-31.6	45.2	-141.6	-32.7	-129.6
Long-Term Debt Issued	35	140	150	23	70
Long-Term Debt Repaid	-128.2	-217.5	-37.5	-52.8	-174.8
Net Debt Issued (Repaid)	-93.2	-77.5	112.5	-29.8	-104.8
Issuance of Common Stock	6.7	5.8	1.6	7.5	25.6
Repurchase of Common Stock	-72.4	-60.3	-53.7	-50.9	-52.2
Other Financing Activities	-	-	-2.2	-	-
Financing Cash Flow	-158.9	-132	58.2	-73.2	-131.4
Foreign Exchange Rate Adjustments	0.6	-0.5	-0.2	-1.1	-
Net Cash Flow	-75.9	42.8	39.1	-20.7	-78.9
Free Cash Flow	81.9	116.5	105.5	54.2	133.5
Free Cash Flow Growth	-29.70%	10.43%	94.65%	-59.40%	38.77%
Free Cash Flow Margin	13.81%	21.05%	23.09%	11.32%	15.38%
Free Cash Flow Per Share	0.93	1.29	1.15	0.58	1.41
Cash Interest Paid	8.3	12	5.4	3.6	7.4
Cash Income Tax Paid	8.4	14.9	10.6	6.2	16.1
Levered Free Cash Flow	44.3	204.51	58.3	1.19	106.6
Unlevered Free Cash Flow	52.43	217.08	62.93	3.63	115.6
Change in Working Capital	-17.7	27.3	25.8	-47.4	-13.7

Source: S&P Global Market Intelligence. Standard template. Financial Sources.