Millerknoll, Inc. income statement
In fiscal 2026, Millerknoll, Inc. reported revenue of $3.84bn, up 4.7% on the year before, operating income of $198m (a 5.2% margin) and net income of $91.5m, or $1.32 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010May 2010 | 2011May 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014May 2014 | 2015May 2015 | 2016May 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020May 2020 | 2021May 2021 | 2022May 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025May 2025 | 2026May 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,319 | 1,649 | 1,724 | 1,775 | 1,882 | 2,142 | 2,265 | 2,278 | 2,381 | 2,567 | 2,487 | 2,465 | 3,946 | 4,087 | 3,628 | 3,670 | 3,842 | 3,809 |
| Cost of revenue | 890 | 1,111 | 1,134 | 1,170 | 1,251 | 1,351 | 1,391 | 1,414 | 1,508 | 1,637 | 1,575 | 1,514 | 2,593 | 2,657 | 2,209 | 2,247 | 2,353 | 2,303 |
| Gross profit | 429 | 538 | 591 | 605 | 631 | 791 | 874 | 864 | 873 | 930 | 911 | 951 | 1,353 | 1,430 | 1,420 | 1,423 | 1,489 | 1,506 |
| Research and development | 33 | 35 | 41 | 48 | 54 | 57 | 62 | 59 | 57 | 59 | 54 | 72 | 109 | 106 | 93 | 94 | 100 | 105 |
| Selling, general and administrative | 318 | 366 | 395 | 429 | 564 | 544 | 586 | 588 | 615 | 639 | 643 | 644 | 1,204 | 1,126 | 1,112 | 1,134 | 1,178 | 1,187 |
| Operating income | 54 | 123 | 138 | 115 | −26 | 163 | 212 | 191 | 179 | 204 | −38 | 233 | 40 | 122 | 167 | 51 | 198 | 197 |
| Interest expense | 22 | 20 | 18 | 17 | 18 | 18 | 15 | 15 | 14 | 12 | 13 | 14 | 38 | 74 | 76 | 77 | 70 | 68 |
| Provision for credit losses | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 35 | 103 | 120 | 97 | −43 | 145 | 197 | 178 | 168 | 195 | −13 | 228 | −9 | 51 | 100 | −22 | 128 | 135 |
| Income tax | 7 | 32 | 44 | 29 | −21 | 47 | 60 | 55 | 42 | 40 | 6 | 48 | 11 | 5 | 15 | 12 | 32 | 32 |
| Net income | 28 | 71 | 75 | 68 | −22 | 98 | 137 | 124 | 128 | 161 | −9 | 175 | −27 | 42 | 82 | −37 | 92 | 98 |
| Diluted EPS | $0.43 | $1.06 | $1.29 | $1.16 | −$0.37 | $1.62 | $2.26 | $2.05 | $2.12 | $2.70 | −$0.15 | $2.94 | −$0.37 | $0.55 | $1.11 | −$0.54 | $1.32 | $1.41 |
| Diluted shares (average) | 57m | 58m | 58m | 59m | 59m | 60m | 61m | 61m | 60m | 59m | 59m | 59m | 73m | 76m | 74m | 69m | 69m | 70m |
| EBITDA | 96 | 162 | 175 | 152 | 17 | 213 | 265 | 250 | 246 | 276 | 42 | 320 | 230 | 277 | 322 | 191 | 347 | 344 |
| Quarter | 2025 Q2Nov 2024 | 2025 Q3Mar 2025 | 2025 Q4May 2025 | 2026 Q1Aug 2025 | 2026 Q2Nov 2025 | 2026 Q3Feb 2026 | 2026 Q4May 2026 | 2027 Q1Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 970 | 876 | 962 | 956 | 955 | 927 | 1,004 | 923 |
| Cost of revenue | 593 | 544 | 585 | 588 | 583 | 574 | 609 | 538 |
| Gross profit | 377 | 332 | 377 | 368 | 372 | 353 | 396 | 385 |
| Research and development | 25 | 22 | 24 | 20 | 24 | 21 | 35 | 25 |
| Selling, general and administrative | 290 | 258 | 287 | 294 | 298 | 286 | 301 | 303 |
| Operating income | 63 | −82 | 55 | 54 | 49 | 45 | 51 | 52 |
| Interest expense | 20 | 19 | 17 | 18 | 18 | 17 | 16 | 16 |
| Income before tax | 45 | −101 | 36 | 29 | 33 | 29 | 38 | 35 |
| Income tax | 10 | −89 | 92 | 8 | 7 | 6 | 12 | 8 |
| Net income | 34 | −13 | −57 | 20 | 24 | 24 | 24 | 27 |
| Diluted EPS | $0.49 | −$0.19 | −$0.83 | $0.29 | $0.35 | $0.34 | $0.34 | $0.38 |
| EBITDA | 98 | −48 | 91 | 89 | 85 | 83 | 90 | 86 |
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