Knowles Corporation · NYSE:KN
Knowles — Q2 2026 Earnings Presentation
14 slides from Knowles's earnings presentation, Jul 23, 2026
Slide 1: 2nd Quarter 2026 Earnings Release Supplemental Information
07.23.26 2nd Quarter 2026 Earnings Release Supplemental Information
Slide 2: Safe Harbor
Safe Harbor Forward Looking Statements A number of statements in our presentations, the accompanying slides, and the responses to questions on our conference call discussing our quarterly results may constitute forward-looking statements within the meaning of the safe harbor provisions of the United
Slide 3: Second Quarter Results
Second Quarter Results Revenue Non-GAAP Diluted EPS* Net Cash Provided by ($) Operating Activities ($M) ($M) Revenue growth was driven by strong product demand in 36.4 Precision Devices. 0.33 166.8 145.9 28.2 Non-GAAP Diluted EPS growth 0.24 was driven by higher volume, margin expansion and lower in
Slide 4: MedTech & Specialty Audio
SEGMENT PERFORMANCE MedTech & Specialty Audio Revenue Adjusted EBITDA Margin* ($) (%) 43.4 Second quarter revenue 67.4 68.5 42.0 growth was driven by higher volumes in hearing health shipments. +140 Factory productivity gains +1.6% drove adjusted EBITDA bps margin growth. 2Q 2025 2Q 2026 2Q 2025 2Q
Slide 5: Precision Devices
SEGMENT PERFORMANCE Precision Devices Revenue Adjusted EBITDA Margin* Revenue growth in the ($) (%) second quarter was driven by increased demand for our products across all of our end markets - Medtech, 98.3 Defense, Industrial and 23.9 Electrification. 78.5 20.8 Adjusted EBITDA margin increase was
Slide 6: Third Quarter 2026 Outlook
Third Quarter 2026 Outlook GAAP Adjustments Non-GAAP Revenues from continuing operations $167 to $177 million $— $167 to $177 million Diluted earnings per share from $0.22 to $0.26 $0.12 $0.34 to $0.38 continuing operations Net cash provided by operating activities $35 to $45 million $— $35 to $45 m
Slide 7: Appendix
« knowles Appendix
Slide 8: Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures
Quarter Ended June 30, RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES (continuing operations, in millions, except per share amounts) 2026 2025 Revenues $ 166.8 $ 145.9 Gross profit $ 74.6 $ 60.6 Notes Gross profit margin 44.7 % 41.5 % 1. Production transfer costs represent
Slide 9: Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures
RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES Quarter Ended June 30, (continuing operations, in millions, except per share amounts) 2026 2025 Notes Net earnings $ 18.4 $ 7.8 5. The non-GAAP reconciling adjustments include stock-based compensation expense, Interest expense,
Slide 10: Historical Segment Data
PRECISION DEVICES MEDTECH & SPECIALTY AUDIO HISTORICAL SEGMENT DATA Quarter Ended Quarter Ended June 30, March 31, December 31, September 30, June 30, June 30, March 31, December 31, September 30, June 30, (continuing operations, in millions) 2026 2026 2025 2025 2025 2026 2026 2025 2025 2025 Revenue
Slide 11: Historical Segment Data
HISTORICAL SEGMENT DATA PRECISION DEVICES MEDTECH & SPECIALTY AUDIO Quarter Ended Quarter Ended June 30, March 31, December 31, September 30, June 30, June 30, March 31, December 31, September 30, June 30, (continuing operations, in millions) 2026 2026 2025 2025 2025 2026 2026 2025 2025 2025 Revenue
Slide 12: Reconciliation of Net Earnings to Adjusted EBITDA
RECONCILIATION OF NET EARNINGS TO ADJUSTED EBITDA Quarter Ended June 30, March 31, December 31, September 30, Trailing (continuing operations, in millions) 2026 2026 2025 2025 12-months Net earnings $ 18.4 $ 11.3 $ 25.5 $ 18.0 $ 73.2 Interest expense, net 1.7 1.5 1.8 2.3 7.3 Provision for (benefit f
Slide 13: Reconciliation of Net Debt
RECONCILIATION OF NET DEBT (in millions) June 30, 2026 Current maturities of long-term debt $ — Long-term debt 131.0 Total debt 131.0 Less: Cash and cash equivalents (49.6) Net debt $ 81.4 Net debt $ 81.4 Trailing 12 Month Adjusted EBITDA $ 157.9 Net debt leverage ratio 0.5 x 13
Slide 14: Thank you
Thank you. « knowles