Knowles Reports Strong Q2 Earnings and Raises Full-Year Guidance
Knowles Corporation (NYSE:KN) reported second-quarter revenue of $167 million, a 14% increase year over year. Non-GAAP earnings per share rose to $0.33, up 38%. The company exceeded its guidance due to strong performance across both Precision Devices and MedTech & Specialty Audio segments. The Precision Devices segment was the primary growth driver with revenue of $98 million, a 25% increase year over year. Demand in defense, industrial, MedTech, and electrification markets remained robust, including a multi-year radar order worth more than $15 million expected to ship starting in 2027. Knowles raised its full-year revenue guidance for 2026 to grow between 10% and 12%, with adjusted EBITDA growth projected at 20-24%. The company also highlighted strong cash flow generation, improved margins, and increased visibility in defense demand as key factors supporting future optimism.
Topics: Business Performance Earnings Non-GAAP EPS Revenue Growth