Filing Flows › Millerknoll (MLKN) › Q4 FY26 › vs Q3 FY26
Millerknoll (MLKN) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Millerknoll's revenue rose $77.6M (+8%) from $927M in Q3 FY26 to $1.0B in Q4 FY26. The biggest changes: Workplace +$38.5M (+11%); Lifestyle +$29.2M (+10%); Other Products +$8.3M (+16%). Gross margin 39.4% against 38.1% (+1.3 pts).
Millerknoll, Q4 FY26: revenue $1.0B (+4% year over year), operating margin 5.1%, net earnings $23.6M, operating cash flow $64.8M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 39.4% | 38.1% | +1.3 pts |
| Operating margin | 5.1% | 4.8% | +0.3 pts |
| Net margin | 2.4% | 2.5% | -0.2 pts |
| Free cash flow margin | 2.6% | 4.2% | -1.6 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Workplace | $393M | $354M | $38.5M | +11% |
| Lifestyle | $336M | $307M | $29.2M | +10% |
| Performance Seating | $216M | $214M | $1.6M | +0.7% |
| Other Products | $59.1M | $50.8M | $8.3M | +16% |
| Revenue | $1.0B | $927M | $77.6M | +8% |
| Gross profit | $396M | $353M | $42.7M | +12% |
| Cost of revenue | $609M | $574M | $34.9M | +6% |
| Operating profit | $51.4M | $44.9M | $6.5M | +14% |
| Operating expenses | $344M | $308M | $36.2M | +12% |
| Pre-tax earnings | $36.8M | $29.1M | $7.7M | +26% |
| Other expense, net | $14.6M | $15.8M | −$1.2M | -8% |
| Research & development | $35.4M | $20.6M | $14.8M | +72% |
| SG&A | $301M | $286M | $15.2M | +5% |
| Other operating costs | $8.1M | $1.9M | $6.2M | +326% |
| Net earnings | $23.6M | $23.5M | $100K | +0.4% |
| Minority interests | $1.3M | $0 | $1.3M | — |
| Income tax | $11.9M | $5.6M | $6.3M | +112% |
| Depreciation & amortization | $38.2M | $38.1M | $100K | +0.3% |
| Share-based compensation | $5.0M | $5.9M | −$900K | -15% |
| Working capital & other | $2.0M | $6.4M | −$4.4M | -69% |
| Operating cash flow | $64.8M | $61.1M | $3.7M | +6% |
| Free cash flow (OCF − capex) | $25.9M | $39.0M | −$13.1M | -34% |
| Capital expenditures | $38.9M | $22.1M | $16.8M | +76% |
Questions
How much did Millerknoll's revenue grow quarter over quarter in Q4 FY26?
Millerknoll's revenue rose $77.6M (+8%) from $927M in Q3 FY26 to $1.0B in Q4 FY26.
What drove Millerknoll's revenue change in Q4 FY26?
Workplace +$38.5M (+11%); Lifestyle +$29.2M (+10%); Other Products +$8.3M (+16%).