MillerKnoll, Inc. (MLKN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 1B | 926.6M | 955.2M | 955.7M | 961.8M | 876.2M | 970.4M | 861.5M | 888.9M | 872.3M | 949.5M | 917.7M | 956.7M | 984.7M | 1.07B | 1.08B | 1.1B | 1.03B | 1.03B | 789.7M |
| Revenue Growth % | 4.41% | 5.75% | -1.57% | 10.93% | 8.2% | 0.45% | 2.2% | -6.12% | -7.09% | -11.41% | -11% | -14.93% | -13.07% | -4.35% | 3.96% | 36.61% | 77.07% | 74.34% | 63.87% | 25.99% |
| Cost of Goods Sold | 607.4M | 573.7M | 583M | 587.6M | 584.9M | 543.8M | 593.4M | 525.2M | 536.5M | 535.3M | 577.5M | 559.6M | 602M | 649.1M | 699.3M | 706.7M | 712.7M | 690M | 673.3M | 512.2M |
| COGS % of Revenue | 60.49% | 61.91% | 61.03% | 61.48% | 60.81% | 62.06% | 61.15% | 60.96% | 60.36% | 61.37% | 60.82% | 60.98% | 62.92% | 65.92% | 65.55% | 65.51% | 64.76% | 67.02% | 65.6% | 64.86% |
| Gross Profit | 396.8M | 352.9M | 372.2M | 368.1M | 376.9M | 332.4M | 377M | 336.3M | 352.4M | 337M | 372M | 358.1M | 354.7M | 335.6M | 367.6M | 372.1M | 387.8M | 336.8M | 353M | 277.5M |
| Gross Margin % | 39.51% | 38.09% | 38.97% | 38.52% | 39.19% | 37.94% | 38.85% | 39.04% | 39.64% | 38.63% | 39.18% | 39.02% | 37.08% | 34.08% | 34.46% | 34.49% | 35.24% | 32.71% | 34.4% | 35.14% |
| Gross Profit Growth % | 5.28% | 6.17% | -1.27% | 9.46% | 6.95% | -1.36% | 1.34% | -6.09% | -0.65% | 0.42% | 1.2% | -3.76% | -8.54% | -0.36% | 4.14% | 34.09% | 71.67% | 45.86% | 44.55% | 11% |
| Operating Expenses | 333.5M | 308M | 322.3M | 314.1M | 311.3M | 410.4M | 314.5M | 321.1M | 289.8M | 292.5M | 309.8M | 312.6M | 303.5M | 288.3M | 314.2M | 320.8M | 319.3M | 310.3M | 346.8M | 330.3M |
| OpEx % of Revenue | 33.21% | 33.24% | 33.74% | 32.87% | 32.37% | 46.84% | 32.41% | 37.27% | 32.6% | 33.53% | 32.63% | 34.06% | 31.72% | 29.28% | 29.45% | 29.74% | 29.01% | 30.14% | 33.79% | 41.83% |
| Selling, General & Admin | 333.5M | 308M | 298.3M | 293.8M | 287.1M | 388.1M | 289.9M | 298.4M | 262.9M | 271.1M | 287.6M | 290.5M | 268.8M | 264.7M | 290.8M | 296.9M | 290.2M | 282.3M | 318.6M | 306.8M |
| SG&A % of Revenue | 33.21% | 33.24% | 31.23% | 30.74% | 29.85% | 44.29% | 29.87% | 34.64% | 29.58% | 31.08% | 30.29% | 31.66% | 28.1% | 26.88% | 27.26% | 27.52% | 26.37% | 27.42% | 31.04% | 38.85% |
| Research & Development | 0 | 0 | 24M | 20.3M | 24.2M | 22.3M | 24.6M | 22.7M | 26.9M | 21.4M | 22.2M | 22.1M | 34.7M | 23.6M | 23.4M | 23.9M | 29.1M | 28M | 28.2M | 23.5M |
| R&D % of Revenue | - | - | 2.51% | 2.12% | 2.52% | 2.55% | 2.54% | 2.63% | 3.03% | 2.45% | 2.34% | 2.41% | 3.63% | 2.4% | 2.19% | 2.22% | 2.64% | 2.72% | 2.75% | 2.98% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 63.3M | 44.9M | 49.9M | 54M | 65.6M | -78M | 62.5M | 15.2M | 62.6M | 44.5M | 62.2M | 45.5M | 51.2M | 47.3M | 53.4M | 51.3M | 68.5M | 26.5M | 6.2M | -52.8M |
| Operating Margin % | 6.3% | 4.85% | 5.22% | 5.65% | 6.82% | -8.9% | 6.44% | 1.76% | 7.04% | 5.1% | 6.55% | 4.96% | 5.35% | 4.8% | 5.01% | 4.76% | 6.22% | 2.57% | 0.6% | -6.69% |
| Operating Income Growth % | -3.51% | 157.56% | -20.16% | 255.26% | 4.79% | -275.28% | 0.48% | -66.59% | 22.27% | -5.92% | 16.48% | -11.31% | -25.26% | 78.49% | 761.29% | 197.16% | 461.48% | -52.17% | -91.55% | -156.05% |
| EBITDA | 211.6M | 83M | 86.5M | 89.4M | 101.5M | -43.7M | 98.2M | 49.8M | 106.1M | 81.5M | 99.6M | 82.7M | 90.4M | 85.5M | 91.5M | 90.9M | 108.8M | 66.9M | 56.4M | 6.9M |
| EBITDA Margin % | 21.07% | 8.96% | 9.06% | 9.35% | 10.55% | -4.99% | 10.12% | 5.78% | 11.94% | 9.34% | 10.49% | 9.01% | 9.45% | 8.68% | 8.58% | 8.43% | 9.89% | 6.5% | 5.5% | 0.87% |
| EBITDA Growth % | 108.47% | 289.93% | -11.91% | 79.52% | -4.34% | -153.62% | -1.41% | -39.78% | 17.37% | -4.68% | 8.85% | -9.02% | -16.91% | 27.8% | 62.23% | 1217.39% | 214.45% | -13% | -40.94% | -94.02% |
| D&A (Non-Cash Add-back) | 148.3M | 38.1M | 36.6M | 35.4M | 35.9M | 34.3M | 35.7M | 34.6M | 43.5M | 37M | 37.4M | 37.2M | 39.2M | 38.2M | 38.1M | 39.6M | 40.3M | 40.4M | 50.2M | 59.7M |
| EBIT | 63.3M | 45.8M | 50.4M | 47.1M | 53M | -81.6M | 65.4M | 18.3M | 25.5M | 45.9M | 63.7M | 40.4M | 13.4M | 20.7M | 40.1M | 50.4M | 62.4M | 27.3M | 7.1M | -65.1M |
| Net Interest Income | 0 | -15.7M | -17.2M | -17.3M | -16.2M | -17.9M | -18.9M | -18.3M | -17.5M | -17.1M | -18.5M | -17M | -19.1M | -18.2M | -17.6M | -16.3M | -12.5M | -9.6M | -8.9M | -5.3M |
| Interest Income | 0 | 0 | 700K | 1.1M | 1.1M | 1.2M | 1.5M | 1.6M | 1.3M | 1.3M | 1.3M | 2.2M | 800K | 900K | 700K | 400K | 400K | 600K | 300K | 300K |
| Interest Expense | 0 | 15.7M | 17.9M | 18.4M | 17.3M | 19.1M | 20.4M | 19.9M | 18.8M | 18.4M | 19.8M | 19.2M | 19.9M | 19.1M | 18.3M | 16.7M | 12.9M | 10.2M | 9.2M | 5.6M |
| Other Income/Expense | -26.5M | -14.8M | -17.4M | -25.3M | -29.9M | -22.7M | -17.5M | -16.8M | -55.9M | -17M | -18.3M | -24.3M | -57.7M | -45.7M | -31.6M | -17.6M | -19M | -9.4M | -8.3M | -17.9M |
| Pretax Income | 36.8M | 30.1M | 32.5M | 28.7M | 35.7M | -100.7M | 45M | -1.6M | 6.7M | 27.5M | 43.9M | 21.2M | -6.5M | 1.6M | 21.8M | 33.7M | 49.5M | 17.1M | -2.1M | -70.7M |
| Pretax Margin % | 3.66% | 3.25% | 3.4% | 3% | 3.71% | -11.49% | 4.64% | -0.19% | 0.75% | 3.15% | 4.62% | 2.31% | -0.68% | 0.16% | 2.04% | 3.12% | 4.5% | 1.66% | -0.2% | -8.95% |
| Income Tax | 11.9M | 5.6M | 7.3M | 7.6M | 91.9M | -89M | 9.8M | -1.1M | -4.3M | 4.4M | 9.5M | 5.1M | -6.6M | 500K | 4.3M | 6.3M | 22.6M | 2.7M | -2.7M | -10.8M |
| Effective Tax Rate % | 32.34% | 18.6% | 22.46% | 26.48% | 257.42% | 88.38% | 21.78% | 68.75% | -64.18% | 16% | 21.64% | 24.06% | 101.54% | 31.25% | 19.72% | 18.69% | 45.66% | 15.79% | 128.57% | 15.28% |
| Net Income | 23.6M | 23.5M | 24.2M | 20.2M | -57.1M | -12.7M | 34.1M | -1.2M | 9.9M | 22.2M | 33.5M | 16.7M | -100K | 400K | 16M | 25.8M | 25.2M | 12.6M | -1.7M | -61.5M |
| Net Margin % | 2.35% | 2.54% | 2.53% | 2.11% | -5.94% | -1.45% | 3.51% | -0.14% | 1.11% | 2.54% | 3.53% | 1.82% | -0.01% | 0.04% | 1.5% | 2.39% | 2.29% | 1.22% | -0.17% | -7.79% |
| Net Income Growth % | 141.33% | 285.04% | -29.03% | 1783.33% | -676.77% | -157.21% | 1.79% | -107.19% | 10000% | 5450% | 109.38% | -35.27% | -100.4% | -96.83% | 1041.18% | 141.95% | 183.15% | -69.64% | -103.31% | -184.25% |
| Net Income (Continuing) | 24.9M | 24.5M | 25.2M | 21.1M | -56.2M | -11.7M | 35.2M | -500K | 11M | 23.1M | 34.4M | 16.1M | 100K | 1.1M | 17.5M | 27.4M | 26.9M | 14.4M | 600K | -59.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 63.3M | 62.8M | 63.1M | 62.9M | 59.3M | 68.4M | 73.4M | 76.6M | 73.9M | 107.2M | 109.6M | 107.6M | 107.6M | 106.6M | 106.6M | 100.7M | 106.9M | 68.1M | 69.4M | 72.6M |
| EPS (Diluted) | 0.34 | 0.34 | 0.35 | 0.29 | -0.84 | -0.19 | 0.49 | -0.02 | 0.14 | 0.30 | 0.45 | 0.22 | -0.00 | 0.01 | 0.21 | 0.34 | 0.33 | 0.16 | -0.02 | -0.93 |
| EPS Growth % | 140.48% | 278.95% | -28.57% | 1795.91% | -700% | -163.33% | 8.89% | -107.77% | - | - | 114.29% | -35.29% | -100.39% | -96.69% | 1029.2% | 136.56% | 120% | -77.14% | -102.6% | -175% |
| EPS (Basic) | 0.34 | 0.34 | 0.35 | 0.29 | -0.84 | -0.19 | 0.49 | -0.02 | 0.14 | 0.31 | 0.45 | 0.22 | -0.00 | 0.01 | 0.21 | 0.34 | 0.33 | 0.16 | -0.02 | -0.93 |
| Diluted Shares Outstanding | 69.42M | 69.1M | 69.01M | 69.19M | 68.09M | 68.35M | 70.03M | 70.21M | 70.38M | 74.15M | 74.24M | 75.71M | 75.7M | 76.07M | 75.88M | 76.27M | 75.82M | 76.51M | 75.3M | 66.3M |
| Basic Shares Outstanding | 68.8M | 68.61M | 68.56M | 68.52M | 68.09M | 68.35M | 69.3M | 70.21M | 70.38M | 72.72M | 73.66M | 75.33M | 75.7M | 75.46M | 75.37M | 75.48M | 75.82M | 75.46M | 75.3M | 66.3M |
| Dividend Payout Ratio | - | 54.04% | 53.31% | 62.87% | - | - | 38.12% | - | 135.35% | 63.51% | 41.49% | 85.03% | - | 3625% | 88.75% | 55.04% | 58.33% | 114.29% | - | - |