MILLERKNOLL, INC.
For the period ended Aug 30, 2025. Filed Sep 29, 2025.
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Aug 30, 2025 · Filed Sep 29, 2025
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Revenue from Contracts with Customers
- Revenue from Contracts with Customers
Disaggregated Revenue
The Company internally reports and evaluates products based on the categories Workplace, Performance Seating, Lifestyle, and Other. A description of these categories is included below.
The Workplace category includes products centered on creating highly functional and productive settings for both groups and individuals. This category focuses on the development of products, beyond seating, that define boundaries, support work, and enable productivity.
The Performance Seating category includes products centered on seating ergonomics, productivity, and function across an evolving and diverse range of settings. This category focuses on the development of ergonomic seating solutions for specific use cases requiring more than basic utility.
The Lifestyle category includes products focused on bringing spaces to life through beautiful yet functional products. This category focuses on the development of products that support a way of living, in thoughtful yet elevated ways. The products in this category help create emotive and visually appealing spaces via a portfolio that offers diversity in aesthetics, price, and performance.
The Other category primarily consists of textiles, uncategorized product sales, and service sales.
Revenue disaggregated by product type and reportable segment is provided in the table below:
| Three Months Ended | ||
|---|---|---|
| (In millions) | August 30, 2025 | August 31, 2024 |
| North America Contract: | ||
| Workplace | $327.1 | $279.0 |
| Performance Seating | 103.4 | 94.0 |
| Lifestyle | 56.1 | 55.6 |
| Other | 47.3 | 47.6 |
| Total North America Contract | $533.9 | $476.2 |
| International Contract | ||
| Workplace | $44.5 | $35.0 |
| Performance Seating | 73.1 | 67.4 |
| Lifestyle | 41.9 | 38.9 |
| Other | 8.0 | 5.1 |
| Total International Contract | $167.5 | $146.4 |
| Global Retail: | ||
| Workplace | $2.0 | $2.6 |
| Performance Seating | 45.6 | 43.8 |
| Lifestyle | 206.1 | 192.2 |
| Other | 0.6 | 0.3 |
| Total Global Retail | $254.3 | $238.9 |
| Total | $955.7 | $861.5 |
| MillerKnoll, Inc.: | ||
| Workplace | $373.6 | $316.6 |
| Performance Seating | 222.1 | 205.2 |
| Lifestyle | 304.1 | 286.7 |
| Other | 55.9 | 53.0 |
| Total MillerKnoll, Inc. | $955.7 | $861.5 |
Refer to Note 13 of the Condensed Consolidated Financial Statements for further information related to our reportable segments.
Sales by geographic area are based on the location of the customer. The following is a summary of geographic information for the years indicated. Individual foreign country information is not provided as none of the individual foreign countries in which the Company operates are considered material for separate disclosure based on quantitative and qualitative considerations.
| Three Months Ended | ||
|---|---|---|
| (In millions) | August 30, 2025 | August 31, 2024 |
| Net sales: | ||
| United States | $694.4 | $618.2 |
| International | 261.3 | 243.3 |
| Total | $955.7 | $861.5 |
Contract Balances
Customers may make payments before the satisfaction of the Company's performance obligation and recognition of revenue. These payments represent contract liabilities and are included within the caption “Customer deposits” in the Condensed Consolidated Balance Sheets. During the three months ended August 30, 2025, and August 31, 2024, the Company recognized net sales of $64.6 million and $72.8 million, respectively, related to customer deposits that were included in the balance sheet as of May 31, 2025, and June 1, 2024.
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