MillerKnoll MLKN Royalty expense
Royalty expense at other companies
Other financials
Where this comes from
Reported directly by MillerKnoll in its filing.
Tagged under the XBRL concept us-gaap:RoyaltyExpense.
The official record: MillerKnoll’s 10-K, filed July 21, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is MillerKnoll's royalty expense?
- MillerKnoll (MLKN) reported royalty expense of $8.28M in Q1 2025.
- How has MillerKnoll's royalty expense changed year-over-year?
- MillerKnoll's royalty expense increased by 8.2% year-over-year, from $7.65M to $8.28M.
- What is the long-term trend for MillerKnoll's royalty expense?
- Over 4 years (2021 to 2025), MillerKnoll's royalty expense has grown at a 11.7% compound annual growth rate (CAGR), from $21.3M to $33.1M.
- What does royalty expense mean?
- The total costs incurred for the right to use intellectual property, patents, or brand names owned by third parties. This expense reflects the company's reliance on external innovation or licensed designs to support its product portfolio. High levels of royalty expense relative to revenue may indicate a dependency on external technology rather than internal R&D.