Knowles Corp (KN)
NYSE:KN
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum: double-digit revenue growth (16% YoY), significant EPS improvement (50% YoY), expanding gross margins, a 1.19 book-to-bill in Precision Devices, and a funded energy order that should drive additional PD margin expansion in the back half of 2026. Management provided constructive Q2 guidance (revenue, margins, EPS) and highlighted conservative leverage and ample liquidity. Near-term headwinds include modest operating cash usage in Q1 (partly due to divestiture-related outflows), higher R&D/SG&A, temporary specialty film ramp costs, and the need for added direct labor as volumes increase. Overall, positives materially outweigh manageable, mostly transitory, lowlights.Company Guidance
Strong Top-Line and EPS Growth
Q1 revenue of $153.0M, up 16% year-over-year and at the high end of guidance. Adjusted EPS of $0.27, up 50% YoY and above the high end of guided range.
Segment Revenue Momentum — Precision Devices
Precision Devices Q1 revenue $85M, up 17% YoY with broad-based growth across medtech, defense, industrial and electrification. Book-to-bill of 1.19 (sixth consecutive quarter >1) signaling strong order momentum and a robust backlog.
Segment Revenue — MedTech & Specialty Audio
MedTech & Specialty Audio (MSA) Q1 revenue $68M, up 14% YoY driven by customers' new product introductions and increased hearing health shipments.
Gross Margin Expansion
Company Q1 gross margin drivers: MSA gross margin 53.5%, up 480 basis points YoY (but expected to normalize near 51% for 2026); Precision Devices gross margin 39.2%, up 350 basis points YoY driven by improved pricing and higher capacity utilization.
Positive Guidance and Back Half Upside
Q2 revenue guidance $152M–$162M (midpoint +8% YoY). Q2 adjusted EBIT margin guidance 20%–22% and EPS guidance $0.28–$0.32 (midpoint +25% YoY). Management expects 2026 revenue growth above prior organic targets and adjusted EBITDA growth above the cumulative 10%–14% annual target.
Energy Order and Specialty Film Ramp
Execution on a $25M+ energy order is on track to be fully ramped by end of Q2, expected to contribute materially in the back half of 2026 and drive ~200–250 basis points of incremental PD margin improvement vs. current levels.
Solid Liquidity and Conservative Leverage
Exited Q1 with $41M cash, $131M borrowings under the revolver, net leverage of 0.6x (TTM adjusted EBITDA), and total liquidity >$310M (cash + undrawn revolver capacity).
Capital Allocation Actions
Repurchased 276k shares in Q1 for $7.5M; Q2 capex guidance $8M and full-year capex expected ~4%–5% of revenues to support capacity expansion tied to large orders.
KN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $31.27 | $30.61 | -2.11% |
Feb 05, 2026 | $24.74 | $26.98 | +9.05% |
Oct 23, 2025 | $24.01 | $24.00 | -0.04% |
Jul 24, 2025 | $18.66 | $20.39 | +9.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Knowles Corp (KN) report earnings?
Knowles Corp (KN) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Knowles Corp (KN) earnings time?
Knowles Corp (KN) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KN EPS forecast?
KN EPS forecast for the fiscal quarter 2026 (Q2) is 0.31.