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MillerKnoll MLKN Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

La-Z-Boy logo
La-Z-BoyLZB
$24.71M-17.5%
HNI logo
HNIHNI
ARH
Arhaus, Inc.ARHS
Mohawk Industries logo
Mohawk IndustriesMHK

Other financials

Income statement

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Revenue$926.6M+5.8%
Gross profit$352.9M+6.2%
Operating income$44.9M+155%
Net income$23.5M+285%
EPS (diluted)$0.34+279%

Balance sheet

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Cash & equivalents$174.6M+2.8%
Total debt$1.8B-2.1%
Total equity$1.3B+6.5%
Total assets$4.0B+1.4%

Cash flow

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Operating cash flow$61.1M-1.5%
CapEx$22.1M-4.7%
Free cash flow$39.0M+0.5%

Valuation

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Market cap$1.18B-6.2%
Enterprise value$2.82B-4.3%
P/E109.2×+67.4×
P/S0.3×0.0×

Profitability

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Gross margin38.7%-0.2pp
Operating margin5.3%+4.8pp
Net margin0.3%-0.6pp
FCF margin2.2%-1.3pp

Returns & leverage

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Return on equity0.8%-1.4pp
Debt / equity1.4×-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:ProductWarrantyAccrual.

The official record: MillerKnoll’s 10-Q, filed March 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MillerKnoll's standard product warranty accrual?
MillerKnoll (MLKN) reported standard product warranty accrual of $70.4M in Q4 2025.
How has MillerKnoll's standard product warranty accrual changed year-over-year?
MillerKnoll's standard product warranty accrual increased by 1.6% year-over-year, from $69.3M to $70.4M.
What is the long-term trend for MillerKnoll's standard product warranty accrual?
Over 4 years (2021 to 2025), MillerKnoll's standard product warranty accrual has grown at a 3.8% compound annual growth rate (CAGR), from $60.1M to $69.7M.
What does standard product warranty accrual mean?
This liability represents the estimated future costs the company expects to incur to repair or replace products under standard warranty terms. It is calculated based on historical failure rates and current sales volumes to ensure expenses are matched to the period in which the related revenue is recognized. A significant change in this accrual can indicate shifts in product quality, manufacturing reliability, or changes in warranty policy.