KN on NYSE

Knowles Corp

In its 2026 annual report the company says: “We are a leading manufacturer of specialty electronic components. We design parts that perform unique, critical functions for innovative technologies. Through extreme reliability, custom engineering, and scalable manufacturing, our high-performance capacitors, radio frequency filters, advanced microphones, and balanced armature speakers enable and enhance the most demanding applications across medtech, defense, industrial, and electrification/energy markets with the power to change, improve, and save lives.”5 It is headquartered in Itasca, United States.2 Its shares trade on NYSE under the symbol KN.2

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Last updated Oct 21, 2026.

Overview

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  • TickerKN on NYSE2
  • IndustryHousehold Audio & Video Equipment2
  • HeadquartersItasca, United States2
  • Incorporated inDE3
  • Business address1151 Maplewood Drive, Itasca, Il 601433
  • Filer categoryLarge accelerated filer3
  • Legal formCorporation2
  • LEI5493003EO323TDZQU1482
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 53501562

We are a leading manufacturer of specialty electronic components. We design parts that perform unique, critical functions for innovative technologies. Through extreme reliability, custom engineering, and scalable manufacturing, our high-performance capacitors, radio frequency (“RF”) filters, advanced microphones, and balanced armature speakers enable and enhance the most demanding applications across medtech, defense, industrial, and electrification/energy markets with the power to change, improve, and save lives. Founded in 1946 and headquartered in Itasca, Illinois, Knowles has grown into a global organization with approximately 5,200 employees at facilities located in 11 countries around the world.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

43.2%Gross margin6
11.9%Operating margin6
7.5%Net margin6
7.2%Revenue growth, 20256
5.7%Return on equity6
0.15×Debt to equity6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue56¢$332.5M
  • Research and development7¢$40.2M
  • Selling, general and admin24¢$142.8M
  • Other costs3¢$20.4M
  • Income tax2¢$13.1M
  • Profit7¢$44.2M

Out of $593.2M in revenue.6

Financial statements

Revenue789106$593.2M in 2025−31% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $854.8M$854.8M20192020: $764.3M$764.3M2020−11%2021: $868.1M$868.1M2021+14%2022: $478.8M$478.8M2022−45%2023: $456.8M$456.8M2023−5%2024: $553.5M$553.5M2024+21%2025: $593.2M$593.2M2025+7%
Gross profit789106$256.3M in 2025−22% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $328.0M$328.0M20192020: $271.2M$271.2M2020−17%2021: $359.5M$359.5M2021+33%2022: $227.0M$227.0M2022−37%2023: $203.8M$203.8M2023−10%2024: $234.8M$234.8M2024+15%2025: $256.3M$256.3M2025+9%
Operating income789106$70.3M in 2025−13% since 2019
0$50.0M$100.0M$150.0M2019: $81.2M$81.2M20192020: $29.2M$29.2M2020−64%2021: $115.8M$115.8M2021+297%2022: $90.8M$90.8M2022−22%2023: $43.4M$43.4M2023−52%2024: $51.8M$51.8M2024+19%2025: $70.3M$70.3M2025+36%
Net income789106$44.2M in 2025−10% since 2019
-$600.0M-$400.0M-$200.0M0$200.0M2019: $49.1M$49.1M20192020: $6.6M$6.6M2020−87%2021: $150.4M$150.4M2021+2179%2022: -$430.1M-$430.1M20222023: $72.4M$72.4M20232024: -$237.8M-$237.8M20242025: $44.2M$44.2M2025
Fiscal year2019202020212022202320242025
Revenue$854.8M7$764.3M8$868.1M9$478.8M10$456.8M6$553.5M6$593.2M6
Cost of revenue$525.1M7$490.8M8$508.6M9$251.8M10$251.9M6$316.8M6$332.5M6
Gross profit$328.0M7$271.2M8$359.5M9$227.0M10$203.8M6$234.8M6$256.3M6
Research and development$96.8M7$92.9M8$92.8M9$29.3M10$32.4M6$39.5M6$40.2M6
Selling, general and admin$145.7M7$131.5M8$146.4M9$106.3M10$125.8M6$142.0M6$142.8M6
Operating expenses$243.7M9$136.2M10$160.4M6$183.0M6$186.0M6
Operating income$81.2M7$29.2M8$115.8M9$90.8M10$43.4M6$51.8M6$70.3M6
Income before tax$104.6M9$87.7M10$37.3M6$34.7M6$64.0M6
Income tax$16.6M7$8.4M8-$45.6M9$21.3M10-$28.3M6$11.3M6$13.1M6
Net income$49.1M7$6.6M8$150.4M9-$430.1M10$72.4M6-$237.8M6$44.2M6
Earnings per share$0.547$0.078$1.639-$4.6910$0.806-$2.676$0.516
Earnings per share (diluted)$0.537$0.078$1.599-$4.6310$0.796-$2.646$0.506
Shares (weighted, basic)92.3M shares991.7M shares1090.9M shares688.9M shares686.4M shares6
Shares (weighted, diluted)94.7M shares992.8M shares1091.6M shares690.1M shares688.0M shares6

Compare Knowles Corp with another company

Corporate structure

Knowles Corp sits at the top of its group. 43 entities, 16 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Knowles Corp

  • Knowles Corp Itasca, Illinois, United States
    • Audience Communications Systems India Private Limited Subsidiary · India
    • Audience International, Inc. Subsidiary · Cayman Islands
    • Audience Singapore Pte. Ltd. Subsidiary · Singapore
    • C.D. Electronica de Mexico, S.A. de C.V Subsidiary · Mexico
    • CD Snow Hill, LLC Subsidiary · Delaware, United States
    • Cornell Dubilier Property Corp. Subsidiary · South Carolina, United States
    • Cornell Dubilier, LLC Subsidiary · Delaware, United States
    • Cornell-Dubilier Acquisition Corp. Subsidiary · Delaware, United States
    • Cornell-Dubilier Marketing, Inc. Subsidiary · Delaware, United States
    • Illinois Capacitor (HK) Limited Subsidiary · Hong Kong
    • Illinois Capacitor International, Inc. Subsidiary · Illinois, United States
    • Illinois Capacitor, Inc. Subsidiary · Illinois, United States
    • Integrated Microwave Corporation Subsidiary · California, United States
    • Johanson Dominicana S.A.S. Subsidiary · Dominican Republic
    • KEP (Philippines) Reality Corporation ("LandCo") Subsidiary · Philippines
    • Knowles (UK) Limited Subsidiary · United Kingdom
    • Knowles Capital Holdings, Inc. Subsidiary · Delaware, United States
    • Knowles Cazenovia Inc. Subsidiary · Delaware, United States
    • Knowles Distribution Sdn. Bhd. Subsidiary · Malaysia
    • Knowles Echelon Holdings, LLC Subsidiary · Delaware, United States
    • KNOWLES ELECTRONICS (MALAYSIA) SDN. BHD. Subsidiary · Itasca, Illinois, United States
    • KNOWLES ELECTRONICS (PHILIPPINES) CORPORATION Subsidiary · Lapu-Lapu City, Philippines
    • Knowles Electronics (Shanghai) Co., Ltd. Subsidiary · China
    • Knowles Electronics (Shanghai) Co., Ltd. Beijing Branch Subsidiary · China
    • Knowles Electronics (Shanghai) Co., Ltd. Shenzhen Branch Subsidiary · China
    • and 16 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Knowles Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$407.6M6 Dec 31, 2025$408.0M6 Dec 31, 2024−0.1%
Accumulated depreciation$267.4M6 Dec 31, 2025$277.9M6 Dec 31, 2024−3.8%
Property and equipment, net$140.2M6 Dec 31, 2025$130.1M6 Dec 31, 2024+7.8%
Finance-lease assets$600.0K6 Dec 31, 2025$1.1M6 Dec 31, 2024−45.5%
Operating-lease assets (leased space)$19.1M6 Dec 31, 2025$8.6M6 Dec 31, 2024+122.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$54.2M6 Dec 31, 2025$130.1M6 Dec 31, 2024−58.3%
Long-term investments$83.4M6 Dec 31, 2025$77.2M6 Dec 31, 2024+8.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$270.3M6 Dec 31, 2025$269.8M6 Dec 31, 2024+0.2%
Intangible assets, net (excluding goodwill)$141.1M6 Dec 31, 2025$157.4M6 Dec 31, 2024−10.4%
Finite-lived intangibles, gross$160.7M6 Dec 31, 2025$160.8M6 Dec 31, 2024−0.1%
Accumulated amortization$51.6M6 Dec 31, 2025$35.4M6 Dec 31, 2024+45.8%
Finite-lived intangibles, net$109.1M6 Dec 31, 2025$125.4M10 Dec 31, 2024−13.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$124.6M6 Dec 31, 2025$118.0M6 Dec 31, 2024+5.6%
Raw materials$103.4M6 Dec 31, 2025$94.2M6 Dec 31, 2024+9.8%
Work in process$27.1M6 Dec 31, 2025$26.1M6 Dec 31, 2024+3.8%
Finished goods$40.5M6 Dec 31, 2025$35.5M6 Dec 31, 2024+14.1%

Properties, in its own words

Our corporate headquarters is located in Itasca, Illinois. Our material properties used in connection with manufacturing, sales, research and development, and corporate administrative operations, and the segments served at that facility, are as follows:

Location · Principal Function(s) · Owned or Leased · Segment · Square Footage (in thousands)

The rest of Item 2

Suzhou, China (1) · Manufacturing and administrative · Leased · PD, MSA · 284

Cebu, the Philippines · Manufacturing and administrative · Owned · MSA · 215

Liberty, South Carolina · Manufacturing, sales, and administrative · Owned · PD · 167

Mexicali, Baja California, Mexico · Manufacturing and administrative · Leased · PD · 165

Cazenovia, New York · Manufacturing, research and development, sales, and administrative · Owned · PD · 133

New Bedford, Massachusetts · Manufacturing and distribution center · Leased · PD · 124

Penang, Malaysia (1) · Manufacturing and administrative · Owned · MSA · 96

Itasca, Illinois · Corporate headquarters, research and development, sales, and administrative · Owned · PD, MSA · 95

(1) The total square footage (in thousands) for our facilities in China and Malaysia is 495 and 187, respectively. Subsequent to the sale of the Consumer MEMS Microphones business to Syntiant Corp. on December 27, 2024, we lease space in these facilities to the buyer. The square footage above reflects the space in each facility that is occupied by Knowles.

We believe that the owned and leased facilities we utilize are well-maintained and suitable for our operations.

Item 2 of the 10-K filed Feb 9, 2026.5

Leadership

Who has led Knowles Corp, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (31)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Audience Communications Systems India Private Limited India4
  • Audience International, Inc. Cayman Islands4
  • Audience Singapore Pte. Ltd. Singapore4
  • C.D. Electronica de Mexico, S.A. de C.V Mexico4
  • CD Snow Hill, LLC Delaware4
  • Cornell Dubilier Property Corp. South Carolina4
  • Cornell Dubilier, LLC Delaware4
  • Cornell-Dubilier Acquisition Corp. Delaware4
  • Cornell-Dubilier Marketing, Inc. Delaware4
  • Illinois Capacitor (HK) Limited Hong Kong4
  • Illinois Capacitor International, Inc. Illinois4
  • Illinois Capacitor, Inc. Illinois4
  • Integrated Microwave Corporation California4
  • Johanson Dominicana S.A.S. Dominican Republic4
  • KEP (Philippines) Reality Corporation ("LandCo") Philippines4
  • Knowles (UK) Limited United Kingdom4
  • Knowles Capital Holdings, Inc. Delaware4
  • Knowles Cazenovia Inc. Delaware4
  • Knowles Distribution Sdn. Bhd. Malaysia4
  • Knowles Echelon Holdings, LLC Delaware4
  • Knowles Electronics (Malaysia) Sdn. Bhd. Malaysia4
  • Knowles Electronics (Philippines) Corporation Philippines4
  • Knowles Electronics (Shanghai) Co., Ltd. China4
  • Knowles Electronics (Shanghai) Co., Ltd. Beijing Branch China4
All 42 listed subsidiaries
  • Knowles Electronics (Shanghai) Co., Ltd. Shenzhen Branch China4
  • Knowles Electronics (Suzhou) Co., Ltd. China4
  • Knowles Electronics Denmark ApS Denmark4
  • Knowles Electronics GmbH Switzerland4
  • Knowles Electronics Holdings, Inc. Delaware4
  • Knowles Electronics Japan, K.K. Japan4
  • Knowles Electronics PD, Inc. Delaware4
  • Knowles Electronics Singapore Pte Ltd Singapore4
  • Knowles Electronics, LLC Delaware4
  • Knowles Europe United Kingdom4
  • Knowles IPC (M) Sdn. Bhd. Malaysia4
  • Knowles Intermediate Holding, Inc. Delaware4
  • Knowles Korea Yuhan Hoesa South Korea4
  • Knowles Luxembourg International S.à.r.l Luxembourg4
  • Knowles Luxembourg S.à.r.l Luxembourg4
  • Novacap, LLC Delaware4
  • Revod (Philippines) Holdings Corporation Philippines4
  • Sensor Platforms, Inc. Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Jul 28, 20268-K Shareholder vote54
  2. Jul 23, 20268-K Results of operations55
  3. Apr 29, 20268-K Shareholder vote56
  4. Apr 23, 20268-K Results of operations57
  5. Feb 20, 20268-K Executive or director change58
  6. Feb 5, 20268-K Results of operations59
  7. Oct 23, 20258-K Results of operations60
  8. Jul 24, 20258-K Results of operations61
  9. May 13, 20258-K Regulation FD disclosure62
  10. May 1, 20258-K Shareholder vote63
  11. Apr 24, 20258-K Results of operations64
  12. Feb 25, 20258-K Executive or director change65
  13. Feb 10, 2014New chief executive Jeffrey Niew becomes CEO16
  14. Jun 12, 2013Founded Knowles Corp is founded2

Calendar

Coming up

  1. Oct 22, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.27 a share, on Oct 23, 2025.66

When it reported results

  1. Jul 23, 2026Reported quarterly or annual results55
  2. Apr 23, 2026Reported quarterly or annual results57
  3. Feb 5, 2026Reported quarterly or annual results59
  4. Oct 23, 2025Reported quarterly or annual results60
  5. Jul 24, 2025Reported quarterly or annual results61
  6. Apr 24, 2025Reported quarterly or annual results64
  7. Feb 13, 2025Reported quarterly or annual results67
  8. Oct 24, 2024Reported quarterly or annual results68

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

384 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 208 insider forms, 31 large holders, 76 other. The latest 20:

  1. Aug 19, 20264/A PRIMARY DOCUMENT EDGAR
  2. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 17, 2026144 EDGAR
  4. Aug 14, 2026144 EDGAR
  5. Aug 14, 20264 PRIMARY DOCUMENT EDGAR
  6. Aug 14, 2026SCHEDULE 13G EDGAR
  7. Aug 13, 2026144 EDGAR
  8. Aug 13, 2026144 EDGAR
  9. Aug 13, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 12, 2026144 EDGAR
  11. Aug 12, 2026144 EDGAR
  12. Jul 28, 20264 PRIMARY DOCUMENT EDGAR
  13. Jul 28, 20268-K/A EDGAR
  14. Jul 28, 202610-Q EDGAR
  15. Jul 27, 2026144 EDGAR
  16. Jul 23, 20268-K EDGAR
  17. Jul 14, 2026SCHEDULE 13G/A EDGAR
  18. Jul 7, 2026SCHEDULE 13G/A EDGAR
  19. May 29, 20264 PRIMARY DOCUMENT EDGAR
  20. May 28, 2026SD EDGAR

The 384 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

66 open-market trades by officers, directors and large owners since October 2021: 1 buys and 65 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 17, 2026SHAVERS CHERYL LDirectorSale6,618$39.27$259.9KForm 4
Aug 17, 2026SHAVERS CHERYL LDirectorSale6,618$39.27$259.9KForm 4
Aug 14, 2026Niew JeffreyPresident & CEOSale6,951$38.00$264.1KForm 4
Aug 13, 2026Anderson John S.Senior Vice President & CFOSale10,000$38.84$388.4KForm 4
Aug 13, 2026Niew JeffreyPresident & CEOSale43,049$38.69$1.7MForm 4
Aug 12, 2026Anderson John S.Senior Vice President & CFOSale30,000$39.07$1.2MForm 4
Aug 12, 2026Niew JeffreyPresident & CEOSale150,000$39.07$5.9MForm 4
Jul 27, 2026Cabrera Raymond D.SVP, Chief HR OfficerSale6,178$36.28$224.1KForm 4
May 27, 2026Giesecke Daniel J.Senior Vice President & COOSale20,201$37.32$753.9KForm 4
May 5, 2026Niew JeffreyPresident & CEOSale142,857$33.25$4.7MForm 4
Apr 30, 2026Bastarrica Air A. Jr.Vice President, ControllerSale3,623$30.91$112.0KForm 4
Apr 29, 2026Bastarrica Air A. Jr.Vice President, ControllerSale2,153$29.96$64.5KForm 4
Apr 28, 2026Bastarrica Air A. Jr.Vice President, ControllerSale1,962$30.26$59.4KForm 4
Apr 27, 2026Bastarrica Air A. Jr.Vice President, ControllerSale2,262$30.68$69.4KForm 4
Feb 26, 2026PERNA ROBERT JSVP, General Counsel & SecSale9,221$27.88$257.1KForm 4
Feb 24, 2026PERNA ROBERT JSVP, General Counsel & SecSale7,422$28.10$208.6KForm 4
Feb 20, 2026SHAVERS CHERYL LDirectorSale3,700$27.40$101.4KForm 4
Feb 19, 2026BARNES KEITHDirectorSale41,048$27.16$1.1MForm 4
Feb 10, 2026Anderson John S.Senior Vice President & CFOSale25,000$27.08$677.1KForm 4
Feb 10, 2026PERNA ROBERT JSVP, General Counsel & SecSale3,166$27.09$85.8KForm 4

All 66 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jeffrey NiewPresident & Chief Executive Officer$750.0K$8.7M78
2025John AndersonSenior Vice President & Chief Financial Officer$450.0K$2.4M78
2025Daniel GieseckeSenior Vice President & Chief Operating Officer$450.0K$1.9M78
2025Robert PernaSenior Vice President, General Counsel & Secretary$450.0K$1.7M78
2025Raymond CabreraSenior Vice President and Chief Human Resources Officer$350.0K$1.5M78
2024Jeffrey NiewPresident & Chief Executive Officer$750.0K$6.9M78
2024John AndersonSenior Vice President & Chief Financial Officer$450.0K$2.3M78
2024Daniel GieseckeSenior Vice President & Chief Operating Officer$450.0K$1.8M78
2024Robert PernaSenior Vice President, General Counsel & Secretary$450.0K$1.5M78
2024Raymond CabreraSenior Vice President and Chief Human Resources Officer$350.0K$1.4M78
2023Jeffrey NiewPresident & Chief Executive Officer$747.6K$6.4M78
2023John AndersonSenior Vice President & Chief Financial Officer$450.0K$2.3M78
2023Daniel GieseckeSenior Vice President & Chief Operating Officer$450.0K$1.7M78
2023Robert PernaSenior Vice President, General Counsel & Secretary$450.0K$1.6M78
2023Raymond CabreraSenior Vice President and Chief Human Resources Officer$350.0K$1.3M78

SEC filer profile

How Knowles Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKnowles Corp1
  • CIK0001587523
  • Employer ID (EIN)90-10026895
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)3651 Household Audio & Video Equipment1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1151 Maplewood Drive, Itasca, IL 601431
  • Phone630-250-51001
  • Shares outstanding85,560,660 as of Apr 24, 202613
  • Public float$1.5B as of Jun 30, 20255
  • AuditorPricewaterhouseCoopers LLP, Chicago, Illinois PCAOB ID 238; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceSep 30, 20131
  • Filings996 in all: 4 (521), 8-K (126), 144 (50), SC 13G/A (47), 10-Q (38), 3 (37), SC 13G (23), DEFA14A (17)1
    All 38 form types

    10-K (13), DEF 14A (12), SD (12), 11-K (10), SCHEDULE 13G/A (8), 4/A (7), CORRESP (7), UPLOAD (7), 425 (6), ARS (6), S-8 (6), SC TO-T/A (6), 10-12B/A (5), SCHEDULE 13G (5), DFAN14A (4), PRE 14A (3), 8-K/A (2), DEFC14A (2), PREC14A (2), S-4/A (2), SC 13D (2), SC 13D/A (2), 10-12B (1), 15-15D (1), 424B3 (1), CERTNYS (1), EFFECT (1), S-4 (1), S-8 POS (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Feb 9, 2026
    Quarterly report (10-Q) Jul 28, 2026
    Proxy statement (DEF 14A) Mar 11, 2026
    Latest 8-K (8-K) Jul 23, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $0.01 par value per shareKNNew York Stock Exchange

From the cover page of the 10-K filed Feb 9, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Knowles Corp names in Item 1A of its 10-K filed Feb 9, 2026: 23 risks under these headings, as written.5

  • Cautionary Statement Concerning Forward-Looking Statements
  • Risks Related To Our Business
  • We derive a significant portion of our revenues from a limited number of OEM customers and distributors. If revenues derived from these partners decrease or the timing of such revenues fluctuates, our operating results could be adversely affected.
  • A significant portion of revenues for our Precision Devices segment depends on U.S. government contracts, which require us to comply with various procurement laws and regulations. Failure to comply with these laws and regulations could result in an interruption or termination of our government contractor status, which could have a adverse impact on our results of operation.
  • We rely on highly specialized suppliers for a variety of highly engineered or specialized components, and other inputs for which we may not be able to readily identify alternatives or substitutes in the event of a supply disruption or capacity constraint at or by any of these suppliers, which could have a material adverse impact on our results of operations.
  • Implementation of our growth strategies may not be successful, which could adversely impact our results of operations.
  • If we are unsuccessful in implementing our acquisition strategy, integrating acquired companies, or managing divestitures and other significant transactions our business and financial results may be adversely effected.
  • Our success depends on our ability to attract and retain key employees, and if we are unable to attract and retain such qualified employees, our business and our ability to execute our business strategies may be materially impaired.
  • Our effective tax rate may fluctuate which will impact our future financial results.
  • Our products are complex and could contain defects, which could result in material costs to us and harm our business, results of operations, and financial condition.
  • Risks Related to Our Industry
  • Global markets for our products are highly competitive and subject to rapid technological change. If we are unable to develop new products and compete effectively in these markets, our financial condition and operating results could be materially adversely affected.
The other 13 risks
  • Risks Related to Operating a Global Business
  • Deterioration of global economic conditions, an economic recession, periods of inflation, or economic uncertainty in key end-user markets may adversely affect customer orders as well as demand for our products.
  • Our foreign operations and supply chain are each subject to various risks that could materially adversely impact our results of operations and financial condition.
  • Global economic conditions and changes in U.S. and international trade policy could materially adversely impact our business, results of operations, and financial position.
  • Changes to export restrictions and economic sanction laws may adversely affect our operating results.
  • Fluctuations in commodity prices and foreign currency rates could have a material adverse effect on our operating results and financial condition.
  • Risks Related to Intellectual Property, Cybersecurity, and Technology
  • Our revenues and operating results could be materially adversely affected if we are unable to protect or obtain patent and other intellectual property rights or if intellectual property litigation is successful against us.
  • Our business and operations could suffer in the event of security breaches, cybersecurity incident, other unauthorized disclosures, or network disruptions.
  • Issues related to the use of artificial intelligence may present business, compliance, or reputational risks.
  • Risks Related to Our Indebtedness
  • Our credit agreement requires us to comply with certain financial covenants and our failure to comply could have a material adverse effect on our business, financial condition, and results of operations.
  • There are risks associated with our indebtedness, which could have a material adverse effect on our financial condition.
  • Risks Related to Our Corporate Governance and Common Stock
  • Our business could be negatively affected as a result of the actions of activist or hostile stockholders.
  • Certain provisions in our certificate of incorporation, by-laws, and Delaware law may prevent or delay an acquisition of the Company, which could decrease the trading price of our common stock.
  • Our stock price has been and may continue to be volatile and may fluctuate significantly which may adversely impact investor confidence and increase the likelihood of securities class action litigation.

Legal proceedings

For a discussion of contingencies related to legal proceedings, see Note 14. Commitments and Contingent Liabilities to our Consolidated Financial Statements under Item 8, "Financial Statements and Supplementary Data."

Except as otherwise noted above, there have been no material developments in legal proceedings.

The opening of Item 3, Legal Proceedings.5

Sources

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