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MillerKnoll MLKN Interest Expense

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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$1.61B+20.3%
Enterprise value$3.25B+8.7%
P/E17.6×
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:InterestExpenseNonoperating.

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 per share data)Year Ended / May 30, 2026Year Ended / May 31, 2025Year Ended / June 1, 2024
Design and research100.393.892.6
Total operating expenses1,290.51,372.11,252.3
Operating earnings198.350.5167.2
Interest expense69.976.776.2
Interest and other investment income(4.1)(5.4)(6.1)
Other expense (income), net4.31.1(2.6)
Earnings (loss) before income taxes and equity income128.2(21.9)99.7
Income tax expense32.411.614.7

Item 8 Financial Statements and Supplementary Data

FAQ

What is MillerKnoll's interest expense?
MillerKnoll (MLKN) reported interest expense of $16.4M in Q1 2026.
How has MillerKnoll's interest expense changed year-over-year?
MillerKnoll's interest expense decreased by 5.2% year-over-year, from $17.3M to $16.4M.
What is the long-term trend for MillerKnoll's interest expense?
Over 4 years (2022 to 2026), MillerKnoll's interest expense has grown at a 16.5% compound annual growth rate (CAGR), from $37.9M to $69.9M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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