Knowles Income 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
Revenue	593.2	553.5	456.8	478.8	868.1
Revenue Growth (YoY)	7.17%	21.17%	-4.59%	-44.84%	13.58%
Cost of Revenue	331	309.6	250.7	251.8	507.6
Gross Profit	262.2	243.9	206.1	227	360.5
Selling, General & Admin	143.4	142.2	126.3	108.7	145.3
Research & Development	40.2	39.5	32.4	29.3	92.8
Operating Expenses	183.6	181.7	158.7	138	238.1
Operating Income	78.6	62.2	47.4	89	122.4
Interest Expense	-13	-20.1	-7.4	-3.9	-14.4
Interest & Investment Income	9.9	3.8	2	0.4	0.2
Currency Exchange Gain (Loss)	6.4	-3.8	-3.3	-1	1.4
Other Non Operating Income (Expenses)	-9	3.2	3.1	7.2	0.5
EBT Excluding Unusual Items	72.9	45.3	41.8	91.7	110.1
Merger & Restructuring Charges	-5.4	-9.5	-4.5	-0.6	-1.5
Asset Writedown	-3.6	-	-	-	-4
Other Unusual Items	0.1	-1.1	-	-3.4	-
Pretax Income	64	34.7	37.3	87.7	104.6
Income Tax Expense	13.1	11.3	-28.3	21.3	-45.6
Earnings From Continuing Operations	50.9	23.4	65.6	66.4	150.2
Earnings From Discontinued Operations	-6.7	-261.2	6.8	-496.5	0.2
Net Income	44.2	-237.8	72.4	-430.1	150.4
Net Income to Common	44.2	-237.8	72.4	-430.1	150.4
Net Income Growth	-	-	-	-	2178.79%
Shares Outstanding (Basic)	86	89	91	92	92
Shares Outstanding (Diluted)	88	90	92	93	95
Shares Change (YoY)	-2.33%	-1.64%	-1.29%	-2.01%	1.94%
EPS (Basic)	0.51	-2.67	0.80	-4.69	1.63
EPS (Diluted)	0.50	-2.64	0.79	-4.63	1.59
EPS Growth	-	-	-	-	2180.08%
Free Cash Flow	81.9	116.5	105.5	54.2	133.5
Free Cash Flow Per Share	0.93	1.29	1.15	0.58	1.41
Gross Margin	44.20%	44.06%	45.12%	47.41%	41.53%
Operating Margin	13.25%	11.24%	10.38%	18.59%	14.10%
Profit Margin	7.45%	-42.96%	15.85%	-89.83%	17.32%
Free Cash Flow Margin	13.81%	21.05%	23.09%	11.32%	15.38%
EBITDA	114.9	99.8	73.6	113.4	184.9
EBITDA Margin	19.37%	18.03%	16.11%	23.68%	21.30%
D&A For EBITDA	36.3	37.6	26.2	24.4	62.5
EBIT	78.6	62.2	47.4	89	122.4
EBIT Margin	13.25%	11.24%	10.38%	18.59%	14.10%
Effective Tax Rate	20.47%	32.56%	-	24.29%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.