| Metric | Value ($ M) | vs Q2 FY26 |
|---|---|---|
| Revenue | 926.60 | 3.0% |
| Total Income | 926.60 | 3.0% |
| Expenditure | 881.70 | 2.8% |
| PBT | 29.20 | 10.2% |
| Net Profit | 23.50 | 2.9% |
| OPM | 4.85% | 0.23pp |
| NPM | 2.54% | 0.00pp |
| EPS | 0.34 | 2.9% |
MillerKnoll Reports Q3 FY2026 Results: Net Sales Up 5.8% to $926.6 Million
04 May 2026 · 4 May, 12:21 am
Summary
MillerKnoll reported a solid third quarter for fiscal year 2026, with net sales increasing by 5.8% to $926.6 million. Order growth was strong, particularly in the North America Contract and Global Retail segments. The company's operating margin improved significantly compared to the prior year. Looking ahead, the company provided guidance for Q4 FY2026, including net sales between $955 million and $995 million.
Key Highlights
- 1
MillerKnoll's net sales for Q3 FY2026 reached $926.6 million, reflecting a 5.8% increase year-over-year.
- 2
Orders for Q3 FY2026 totaled $931.6 million, up 9.2% year-over-year, driven by growth in North America Contract and Global Retail segments.
- 3
The company's gross margin increased by 20 basis points in the third quarter.
- 4
Operating margin for Q3 FY26 was 4.8%, compared to a negative operating margin of 9.4% in the prior year.
- 5
Adjusted operating margin* for Q3 FY26 was 5.7%, compared to 6.6% in the prior year.
- 6
Cash flow from operations was $61.1 million, compared to $62.1 million in Q3 last year.
- 7
The company declared a quarterly cash dividend of $0.1875 per share, payable on April 15, 2026.
Management Comments
Andi Owen
"We delivered solid fiscal 2026 third quarter results, with sales growth across all three segments and strong order growth led by North America Contract and Global Retail. These results underscore the strength and resilience of our diversified portfolio. "Despite ongoing macroeconomic and geopolitical uncertainty, as well as weather-related impacts during the quarter, our team remained focused on disciplined execution and operational priorities within our control. "We remain well positioned to drive profitable growth and create long-term value across our collective of brands through sustained revenue growth, margin expansion, cash generation and shareholder returns."
Informational and educational content only. Not investment advice.