Knowles Corporation reported a 20% year-over-year increase in third quarter revenue, reaching $184.0 million and exceeding the high end of its previous guidance. Growth was primarily driven by execution across the Medtech, Defense, Industrial, and Electrification segments.
Key Highlights
- Revenue reached $184.0 million for the third quarter 2026, a 20% increase compared to $152.9 million in the third quarter 2025.
- Precision Devices segment reported a book-to-bill ratio above 1.0 for the eighth consecutive quarter, reflecting sustained order strength.
- Non-GAAP diluted EPS was $0.38, at the high end of the guided range, while GAAP diluted EPS was $0.24.
- Full year 2026 revenue is estimated at $689 million, a projected 16% increase over fiscal year 2025.