KN
Knowles Corporation

Knowles CorporationKN

Technology · Electronic Components
31.27USD
+3.10%
Nov 08, 2026
KN overview ready
Qualified specialty electronic components supplier for defense and industrial markets
Knowles is a qualified specialty-electronics component supplier to defense and aerospace applications, rather than a platform prime contractor or a pure-play defense manufacturer.
Primary theme is lagging
Connectors & Electronic Components is lagging (-11.9pp vs SPY over 21 sessions; 2 of 8 members ahead of SPY).
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Primary risk
Exposure to cyclical defense and industrial spending.
Market Nov 6Filing Sep 30Price action Nov 7Research Jul 29

Conviction Level

PriceAction3.4BusinessPerformance7.0BusinessQuality—Valuation2.8ThemeMomentum1.0Improving — Revenue growth has accelerated, rising from +14% to +20% year over year. Diluted EPS is up 25% year over year at $0.25. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−11.9pp
Theme return
−16.9%
Beating SPY
2 of 8
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$2.6B
Avg Volume (60D)
749.6K
60 sessions
Revenue Growth YoY
+7.2%
FY2025 vs FY2024
Gross Margin
+44.4%
Trailing twelve months
Operating Margin
+14.6%
Trailing twelve months
Free Cash Flow Yield
+1.9%
Distance from 200DMA
-5.8%
P/E
36.9x
EV / EBITDA
20.1x
EV / Sales
4.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Improving

Revenue growth has accelerated, rising from +14% to +20% year over year. Diluted EPS is up 25% year over year at $0.25.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthAccelerating
+20%
$184M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +14%
  2. +16%
  3. +14%
  4. +20%
Earnings growthGrowing
+25%
Diluted EPS $0.25 vs $0.20 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. n/a
  2. n/a
  3. +144%
  4. +25%
Operating marginStable
16.7%
-0.2 pp YoY · gross margin 44.2% (-1.5 pp)

Business Quality

Not assessed

Not assessed — the filed record is missing inputs this assessment requires.

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Knowles Corporation has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at a 1.8% free-cash-flow yield and 20.1x EBITDA, which require sustained delivery to be justified.

Company Research

Thesis
Knowles is a qualified specialty-electronics component supplier to defense and aerospace applications, rather than a platform prime contractor or a pure-play defense manufacturer.
Opportunity
Moderate opportunity
Sustained defense procurement and production expansion for missile defense, communications, radar, electronic warfare, aerospace, and autonomous systems that require qualified high-reliability RF, microwave, filtering, sensing, and pulse-power electronics.
Key risk
Exposure to cyclical defense and industrial spending.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Electronic Components
What they do

Knowles Corporation designs, manufactures, and supplies specialty electronic components including capacitors, RF and microwave filters, balanced armature speakers, and medtech microphones through two segments: Precision Devices and Medtech & Specialty Audio.

How it earns

Transactional sales of electronic components and devices to industrial, defense, medtech, and consumer audio customers.

Products & services
High performance capacitors
RF and microwave filters
Balanced armature speakers
Medtech microphones
Customers & end markets
Defense and aerospace
Industrial
Medtech
Consumer audio
Market position

Niche supplier specializing in qualified specialty electronic components for defense and aerospace applications.

Demand drivers
Medium cyclicality

Demand is influenced by defense spending cycles and industrial market fluctuations.