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Knowles KN Precision Devices — Adjusted Research and Development Expenses

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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:AdjustedResearchAndDevelopmentExpenses.

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 research and development expenses?
Knowles (KN) reported precision devices — adjusted research and development expenses of $4.6M in Q2 2026.
How has Knowles's precision devices — adjusted research and development expenses changed year-over-year?
Knowles's precision devices — adjusted research and development expenses increased by 15.0% year-over-year, from $4M to $4.6M.
What is the long-term trend for Knowles's precision devices — adjusted research and development expenses?
Over 3 years (2022 to 2025), Knowles's precision devices — adjusted research and development expenses has grown at a 12.0% compound annual growth rate (CAGR), from $11.6M to $16.3M.
What does precision devices — adjusted research and development expenses mean?
The normalized expenditures dedicated to innovation and product development within the Precision Devices segment. This metric highlights the company's ongoing investment in maintaining technological competitiveness and future product pipelines.

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