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Knowles KN Precision Devices — Adjusted Cost of Goods Sold

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TEXSV — Adjusted cost of goods sold
$355M

Other financials

Income statement

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Revenue$166.8M+14.3%
Gross profit$74.7M+16.4%
Operating income$24.7M+68.0%
Net income$19.4M+149%
EPS (diluted)$0.22+144%

Balance sheet

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Cash & equivalents$49.6M-51.9%
Total debt$150.2M-28.8%
Total equity$795.5M+6.6%
Total assets$1.1B-1.1%

Cash flow

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Operating cash flow$28.2M-22.5%
CapEx$6.5M+27.5%
Free cash flow$21.7M-30.7%

Valuation

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Market cap$3.36B+101%
Enterprise value$3.46B+94.2%
P/E49.8×-216×
P/S5.3×+2.3×

Profitability

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Gross margin44.8%+1.8pp
Operating margin14.5%+5.1pp
Net margin10.6%+9.5pp
FCF margin9.9%

Returns & leverage

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Return on equity8.8%+7.9pp
Debt / equity0.2×-0.1×
Current ratio3.2×+1.2×

Where this comes from

Reported directly by Knowles in its filing.

Tagged under the XBRL concept kn:AdjustedCostOfGoodsSold.

The source filing: Knowles’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001587523-26-000030
(in millions)Precision DevicesMed Tech & Specialty AudioTotal
Revenues$98.3$68.5$166.8
Adjusted cost of goods sold58.932.191.0
Adjusted research and development expenses4.64.89.4
Adjusted selling and administrative expenses14.44.118.5
Other segment items (1)0.1(0.1)
Segment adjusted earnings before interest and income taxes$20.3$27.6$47.9
Less:
Corporate expenses11.8

Item 1. Financial Statements

FAQ

What is Knowles's precision devices — adjusted cost of goods sold?
Knowles (KN) reported precision devices — adjusted cost of goods sold of $58.9M in Q2 2026.
How has Knowles's precision devices — adjusted cost of goods sold changed year-over-year?
Knowles's precision devices — adjusted cost of goods sold increased by 22.5% year-over-year, from $48.1M to $58.9M.
What is the long-term trend for Knowles's precision devices — adjusted cost of goods sold?
Over 3 years (2022 to 2025), Knowles's precision devices — adjusted cost of goods sold has grown at a 15.9% compound annual growth rate (CAGR), from $128.4M to $200M.
What does precision devices — adjusted cost of goods sold mean?
The direct costs attributable to the production of goods sold by the Precision Devices segment, excluding non-recurring or non-operational items. It serves as a key measure of the segment's manufacturing efficiency and direct margin performance.

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