Knowles Reports 20% Year-Over-Year Revenue Growth Driven by Precision Devices Demand
Knowles (KN) reported strong third-quarter 2026 financial results, highlighted by a 20% year-over-year increase in revenue to $184 million. The growth is primarily driven by surging demand in the Precision Devices segment, which saw order volumes reach nearly $180 million and achieved a healthy book-to-bill ratio of 1.5. To address this demand, the company is aggressively expanding manufacturing capacity, with new facility output expected in 2027. Management is also pursuing strategic expansion into new markets through product diversification and aims to achieve 30% EBITDA operating margins by leveraging increased factory efficiency and operating leverage.
Tickers: $KN
Topics: earnings report order backlog revenue growth stock buyback
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