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MillerKnoll MLKN Accrued Expenses

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Other financials

Income statement

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Revenue$1.0B+4.4%
Gross profit$395.6M+5.0%
Operating income$51.4M-6.5%
Net income$23.6M+141%
EPS (diluted)$0.34+141%

Balance sheet

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Cash & equivalents$167.7M-13.4%
Total debt$1.8B-2.0%
Total equity$1.3B+5.2%
Total assets$4.0B+1.3%

Cash flow

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Operating cash flow$64.8M-8.6%
CapEx$38.9M-1.5%
Free cash flow$25.9M-17.5%

Valuation

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Market cap$1.67B+22.7%
Enterprise value$3.3B+9.9%
P/E18.2×
P/S0.4×+0.1×

Profitability

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Gross margin38.8%0.0pp
Operating margin5.2%+3.8pp
Net margin2.4%+1.8pp
FCF margin2%-0.8pp

Returns & leverage

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Return on equity7%+5.4pp
Debt / equity1.3×-0.1×
Current ratio1.6×0.0×

Where this comes from

Reported directly by MillerKnoll in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: MillerKnoll’s 10-K, filed July 20, 2026.

Filed
Jul 20, 2026, 4:07 PM EDT
Fiscal year
FY2026
Accession
0000066382-26-000092
(In millions, except share and per share data)May 30, 2026May 31, 2025
Current Liabilities:
Accounts payable$279.1$271.3
Short-term borrowings and current portion of long-term debt25.116.0
Accrued compensation and benefits93.892.5
Short-term lease liability82.072.0
Accrued warranty16.716.8
Customer deposits89.7102.5
Other accrued liabilities134.7132.7

Item 8 Financial Statements and Supplementary Data

FAQ

What is MillerKnoll's accrued expenses?
MillerKnoll (MLKN) reported accrued expenses of $93.8M in Q1 2026.
How has MillerKnoll's accrued expenses changed year-over-year?
MillerKnoll's accrued expenses increased by 1.4% year-over-year, from $92.5M to $93.8M.
What is the long-term trend for MillerKnoll's accrued expenses?
Over 5 years (2021 to 2026), MillerKnoll's accrued expenses has grown at a 0.8% compound annual growth rate (CAGR), from $90.2M to $93.8M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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