Knowles Corporation reported a revenue of $593.2 million for the fiscal year ending December 31, 2025, marking a 7.2% increase from $553.5 million in 2024. The growth was driven primarily by the Precision Devices (PD) segment, which saw revenues rise by 9.6% to $328.9 million, attributed to heightened demand in the medtech, defense, and industrial markets, alongside increased average pricing. The MedTech & Specialty Audio (MSA) segment also contributed, with revenues increasing by 4.3% to $264.3 million, largely due to higher shipping volumes of metal cans sold to Syntiant and increased sales in the specialty audio market, despite lower pricing on mature products.
The company's gross profit for 2025 was $256.3 million, up from $234.8 million in 2024, resulting in a gross profit margin of 43.2%, compared to 42.4% the previous year. This improvement was attributed to higher shipping volumes, product cost reductions, and increased factory capacity utilization, although it was partially offset by unfavorable product mix and lower yields in the specialty film product line. Knowles also recorded an impairment charge of $3.6 million during the year, impacting its overall profitability. The earnings from continuing operations rose significantly to $50.9 million, compared to $23.4 million in 2024, reflecting improved operational efficiency and lower interest expenses.
Strategically, Knowles completed the acquisition of Cornell Dubilier Electronics in November 2023 for approximately $259.8 million, enhancing its capabilities in the PD segment. The company also divested its Consumer MEMS Microphone business to Syntiant Corp. in December 2024, a move that has allowed it to focus on higher-margin sectors. As of December 31, 2025, Knowles employed approximately 5,200 individuals across 11 countries, maintaining a strong global presence.
In terms of operational metrics, Knowles reported a total of 99.7 million shares outstanding at the end of 2025, with a share repurchase program still active, allowing for up to $129 million in additional buybacks. The company’s cash and cash equivalents decreased to $54.2 million from $130.1 million in 2024, primarily due to significant payments related to the Seller Note from the Cornell Dubilier acquisition and stock repurchases. Looking ahead, Knowles anticipates continued growth driven by its focus on high-performance electronic components in the medtech and defense sectors, supported by ongoing investments in research and development.
About Knowles Corp
Knowles Corporation is a global manufacturer of specialty electronic components, including high-performance capacitors, RF filters, microphones, and speakers. Serving markets such as medtech, defense, and industrial, it provides custom-engineered solutions that enable advanced technologies. With a focus on innovation, reliability, and scalable manufacturing, Knowles supports original equipment manufacturers worldwide, emphasizing product quality, intellectual property protection, and strategic growth through R&D and acquisitions.
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