As a market leader and global supplier of advanced micro-acoustic, audio processing, and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace, and industrial markets, Knowles has achieved excellence for nearly 70 years. We strive to continuously reinvent our industry, and develop technology that improves the audio experience. Today, Knowles products are used by more than one billion people worldwide every day, enhancing how they interact with the world around them. Headquartered in Itasca, Illinois, Knowles has nearly 12,000 employees across 15 countries, including more than 800 engineers dedicated to pioneering acoustics and audio technology. This R&D investment, coupled with our state-of-the-art manufacturing facilities around the world, enable us to deliver advanced MEMS microphones, balanced armature speakers, voice processing and algorithms, and capacitors and timing devices. We see possibility in unexpected places, and are unified by a spirit of innovation to constantly push boundaries, drive the industry forward and enable people to experience improved voice and audio quality in every facet of their lives. We transform the way people communicate, interact with technology and enjoy sound. We are Knowles.

Company Growth (employees)
Type
Public
HQ
Itasca, US
Founded
1946
Size (employees)
8,000 (est)
Knowles was founded in 1946 and is headquartered in Itasca, US

Knowles Office Locations

Knowles has offices in Itasca, Mountain View, Shanghai, Beijing and in 3 other locations
Itasca, US (HQ)
1151 Maplewood Dr
Show all (7)

Knowles Data and Metrics

Knowles Financial Metrics

Knowles's revenue was reported to be $193.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

193.7 m

Gross profit (Q1, 2017)

71.9 m

Gross profit margin (Q1, 2017), %

37%

Net income (Q1, 2017)

(3.2 m)

EBIT (Q1, 2017)

2.6 m

Market capitalization (22-Aug-2017)

1.3 b

Cash (31-Mar-2017)

63.3 m
Knowles's current market capitalization is $1.3 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.1 b1.1 b859.3 m

Revenue growth, %

(5%)(21%)

Cost of goods sold

885.3 m785.1 m529.2 m

Gross profit

256 m299.5 m330.1 m

Gross profit Margin, %

22%28%38%

R&D expense

83 m112.1 m100.5 m

General and administrative expense

196.5 m208.1 m170.7 m

Operating expense total

279.5 m320.2 m271.2 m

EBIT

134.6 m36 m47.1 m

EBIT margin, %

12%3%5%

Interest expense

6.6 m12.7 m20.4 m

Pre tax profit

(55.1 m)(248.9 m)

Income tax expense

31.9 m(15.1 m)11.7 m

Net Income

(87 m)(233.8 m)(42.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

281 m300.8 m238.6 m240.9 m294.6 m185.3 m190.3 m243.1 m193.7 m

Cost of goods sold

230.8 m243.9 m185.4 m183.8 m205.4 m117.3 m117.2 m148.2 m121.8 m

Gross profit

50.2 m56.9 m53.2 m57.1 m89.2 m68 m73.1 m94.9 m71.9 m

Gross profit Margin, %

18%19%22%24%30%37%38%39%37%

R&D expense

21.7 m21 m19.6 m22.7 m33 m26.1 m25.8 m23.3 m26.2 m

General and administrative expense

52 m46.5 m45.7 m46.5 m59.2 m43.1 m45.2 m43 m38.1 m

Operating expense total

73.7 m67.5 m65.3 m69.2 m92.2 m69.2 m71 m66.3 m64.3 m

EBIT

(12.9 m)(12.4 m)26.5 m2.6 m

EBIT margin, %

(5%)(4%)11%1%

Interest expense

1.8 m2 m2.4 m3.1 m3.7 m3.7 m5.8 m5.6 m5.2 m

Pre tax profit

(45.8 m)(16.1 m)(12.3 m)(15.8 m)(18.3 m)

Income tax expense

33.1 m(1.5 m)3.5 m300 k(3.4 m)2.4 m1.4 m(200 k)

Net Income

(15.8 m)(31.9 m)(46.8 m)(29.4 m)(54 m)(61.6 m)(3.2 m)
USDFY, 2014FY, 2015FY, 2016

Cash

55.2 m63.3 m66.2 m

Accounts Receivable

14.9 m

Inventories

9.2 m108.2 m

Current Assets

474 m419.3 m330.1 m

PP&E

315.9 m224.8 m186.2 m

Goodwill

914.7 m925.8 m894.6 m

Total Assets

2 b1.7 b1.5 b

Accounts Payable

172.1 m116.5 m71.8 m

Total Debt

288.5 m

Current Liabilities

288.6 m226.9 m149 m

Additional Paid-in Capital

1.4 b1.4 b1.5 b

Retained Earnings

(84 m)(317.8 m)(360.1 m)

Total Equity

1.2 b1 b1 b

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.6 x1.7 x1.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

37 m57.9 m44.2 m47.2 m60 m63.3 m

Inventories

170.9 m172 m127.2 m139 m125.9 m117.5 m

Current Assets

434 m471.6 m313.9 m324 m348.9 m324.3 m

PP&E

307.2 m293.4 m212.4 m208.6 m199.7 m195 m

Goodwill

886.9 m934.1 m933.9 m913.3 m917.1 m906.1 m

Total Assets

1.9 b2 b1.6 b1.6 b1.6 b1.5 b

Accounts Payable

151.6 m142.3 m79.5 m74.8 m73.2 m72.4 m

Current Liabilities

261.6 m245.2 m169.9 m139.8 m141.3 m147.6 m

Additional Paid-in Capital

1.4 b1.4 b1.5 b1.5 b1.5 b1.5 b

Retained Earnings

(115.9 m)(130.8 m)(347.2 m)(371.8 m)(379.4 m)(363.4 m)

Total Equity

1.2 b1.2 b997.5 m1 b1 b1 b

Financial Leverage

1.6 x1.7 x1.6 x1.6 x1.5 x1.5 x
USDFY, 2014FY, 2015FY, 2016

Depreciation and Amortization

151.6 m135.7 m73.7 m

Inventories

681 k224 k

Accounts Payable

38 m(42.7 m)(26.6 m)

Cash From Operating Activities

(50.4 m)8.1 m107.5 m

Purchases of PP&E

(83.9 m)(63.1 m)(38.7 m)

Cash From Investing Activities

(93.1 m)(95.2 m)5.9 m

Long-term Borrowings

(15 m)(166.5 m)

Cash From Financing Activities

(71.4 m)26.1 m(109.9 m)

Interest Paid

6.7 m11.2 m12.2 m

Income Taxes Paid

20.9 m19.3 m4.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(15.8 m)(31.9 m)(46.8 m)(29.4 m)(54 m)(61.6 m)(3.2 m)

Depreciation and Amortization

71.5 m118.5 m32.5 m65.6 m101 m21.7 m39.4 m57.8 m15.3 m

Accounts Payable

640 k27.2 m(9.4 m)(13.9 m)(23 m)(14.8 m)(29.1 m)(31.8 m)(2.8 m)

Cash From Operating Activities

64.8 m89.2 m6.8 m24.3 m12.4 m19.8 m10.2 m37.8 m17.9 m

Purchases of PP&E

(41.1 m)(68 m)(17.7 m)(38.7 m)(48.5 m)(9.8 m)(20.2 m)

Cash From Investing Activities

(57.1 m)(90.6 m)(18.3 m)(39.7 m)(80.6 m)(9.1 m)(17.5 m)13.6 m(20.2 m)

Long-term Borrowings

(3.8 m)(7.5 m)

Cash From Financing Activities

(68.6 m)(69.3 m)(4.6 m)(2.5 m)71.7 m(29.8 m)(8.6 m)(54.5 m)(1 m)
USDY, 2017

Revenue/Employee

24.2 k

Financial Leverage

1.5 x

Knowles Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

151512

Locations

394432

Manufacturing Facilities

201714

Knowles Market Value History

Knowles Revenue Breakdown

Traffic Overview of Knowles

Knowles News and Updates

Solange Knowles asked Twitter for an unexpected favor and thank goodness the internet delivered

That 1978 classic take on The Wizard of Oz, "The Wiz" and Kanye West don't have all that much in common. But when Solange Knowles has a dream of brining them together, the people wouldn't dare deny her it.  The singer put the call out on Twitter for someone to mash up a scene from a film with We…

Solange Knowles’s Stylist Will Do Anything to Hunt Down a Look

Including calling designers’ dads and DM-ing their sons. Shiona Turini reveals the secrets behind the singer’s latest videos and challenges like tracking down vintage velour tracksuits.

Watch Solange Knowles' album come to life with 2 new music videos

Fresh off releasing her fourth album, A Seat At The Table, Solange Knowles has blessed fans with two new music videos.  The tracks "Cranes In The Sky" and "Don't Touch My Hair" both get the beautiful visual treatment, showing the singer performing in luscious landscapes surrounded by dancers and…

Designer behind Solange Knowles' 'A Seat at the Table' book reveals the singer's inspiration

Solange Knowles released her latest album at midnight Friday. The musical body of work marks Knowles’ first since 2012’s “True” EP. Last week, Knowles sent a select group of 86 fans copies of a mysterious book titled “A Seat at the Table,” which is also the name of her new album. The book includ…

Solange Knowles' new album is a meditative exploration on being black in America

Just hours before Solange Knowles’ album A Seat At The Table came out, I washed my hair.  As soon as the water touched it, curls began to form and multiply under the weight of lather. I did what my mother and my aunts taught me to do: combed through the strands with my fingers and, after shaking…

Monday’s best TV: The Retreat with Nick Knowles; Extreme Food; Panorama

Are yoga and enemas the antidote to the western lifestyle? Plus, a chef heads to the frozen wastes of Mongolia for wild rabbit pie – and a grim but unmissable portrait of Syria’s largest cityA gang of Brits undergo a harsh regime on a Thai island, complete with yoga and daily enemas (yes, really) to…
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Knowles Company Life and Culture

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