MillerKnoll, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.67B | $3.63B | $1.31B | $1.17B | $1.01B | $899.5M | $899.0M |
| Service | — | — | — | $1.09B | $965.8M | $833.4M | $741.0M | $747.0M |
| Product | — | — | — | $219.0M | $206.5M | $180.7M | $158.5M | $152.0M |
| Cost of Revenue | $2.35B | $2.25B | $2.21B | $2.66B | $2.59B | $1.51B | $1.58B | $1.64B |
| Gross Profit | $1.49B | $1.42B | $1.42B | $1.43B | $1.35B | $951.1M | $911.2M | $929.9M |
| Gross Margin | 38.8% | 38.8% | 39.1% | 109.0% | 115.4% | 93.8% | 101.3% | 103.4% |
| Operating Expenses | ||||||||
| Research & Development | $100.3M | $93.8M | $92.6M | $105.7M | $108.7M | $72.1M | $54.3M | $58.8M |
| SG&A Expense | $1.18B | $1.13B | $1.11B | $1.13B | $1.20B | $643.8M | $643.3M | $639.3M |
| Operating Income | $198.3M | $50.5M | $167.2M | $122.3M | $39.8M | $232.5M | $-37.9M | $203.5M |
| Operating Margin | 5.2% | 1.4% | 4.6% | 9.3% | 3.4% | 22.9% | -4.2% | 22.6% |
| Interest Expense | — | — | — | $74.0M | $37.8M | $13.9M | $12.5M | $12.1M |
| Pretax Income | $128.2M | $-21.9M | $99.7M | $51.4M | $-8.6M | $228.3M | $-12.9M | $195.1M |
| Income Tax Expense | $32.4M | $11.6M | $14.7M | $4.5M | $11.1M | $48.3M | $6.1M | $39.6M |
| Net Income | $91.5M | $-36.9M | $82.3M | $42.1M | $-27.1M | $174.6M | $-8.7M | $160.5M |
| Net Margin | 2.4% | -1.0% | 2.3% | 3.2% | -2.3% | 17.2% | -1.0% | 17.9% |
| EPS (Basic) | $1.33 | $-0.54 | $1.12 | $0.56 | $-0.37 | $2.96 | $-0.15 | $2.72 |
| EPS (Diluted) | $1.32 | $-0.54 | $1.11 | $0.55 | $-0.37 | $2.94 | $-0.15 | $2.70 |
| Shares Outstanding (Basic) | 68.7M | 69.0M | 73.3M | 75.5M | 73.2M | 58.9M | 58.9M | 59.0M |
| Shares Outstanding (Diluted) | 69.3M | 69.0M | 74.0M | 76.0M | 73.2M | 59.4M | 58.9M | 59.4M |
| Dividends Per Share | $0.75 | $0.75 | $0.75 | $0.75 | $0.75 | $0.56 | $0.75 | $0.56 |