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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:SellingGeneralAndAdministrativeExpense.

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
Cost of sales2,352.92,247.32,208.9
Gross margin1,488.81,422.61,419.5
Operating expenses:
Selling, general and administrative1,178.31,133.51,112.1
Impairment charges130.016.8
Restructuring expenses11.914.830.8
Design and research100.393.892.6
Total operating expenses1,290.51,372.11,252.3

Item 8 Financial Statements and Supplementary Data

FAQ

What is MillerKnoll's SG&A?
MillerKnoll (MLKN) reported SG&A of $300.7M in Q1 2026.
How has MillerKnoll's SG&A changed year-over-year?
MillerKnoll's SG&A increased by 4.7% year-over-year, from $287.1M to $300.7M.
What is the long-term trend for MillerKnoll's SG&A?
Over 4 years (2022 to 2026), MillerKnoll's SG&A has grown at a -0.5% compound annual growth rate (CAGR), from $1.2B to $1.18B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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