Key Tronic | 10-Q: FY2026 Q1 Revenue: USD 98.75 M

Revenue: As of FY2026 Q1, the actual value is USD 98.75 M.

EPS: As of FY2026 Q1, the actual value is USD -0.21.

EBIT: As of FY2026 Q1, the actual value is USD 2.192 M.

Segment Revenue

• Net Sales: $98.8 million for the first quarter of fiscal year 2026, a decrease of 24.9% from $131.6 million in the same period of fiscal year 2025.

Operational Metrics

• Gross Profit: $8.3 million for the first quarter of fiscal year 2026, down from $13.3 million in the same period of fiscal year 2025. Gross margin was 8.4% compared to 10.1% in the previous year.
• Operating Income (Loss): - $0.6 million for the first quarter of fiscal year 2026, compared to $4.4 million in the same period of fiscal year 2025. Operating margin was - 0.6% compared to 3.4% in the previous year.
• Net Income (Loss): - $2.3 million for the first quarter of fiscal year 2026, compared to $1.1 million in the same period of fiscal year 2025.

Cash Flow

• Cash Provided by Operating Activities: $7.6 million for the three months ended September 27, 2025, compared to $9.9 million for the same period in 2024.

Unique Metrics

• Inventory and Receivable Write-offs: Approximately $1.6 million due to a customer bankruptcy in the first quarter of fiscal 2026.

Future Outlook and Strategy

• Core Business Focus: The company anticipates continued cash generation from operations with expected revenue increases and gross margin improvements throughout fiscal year 2026. The company is restructuring its Juarez facility to focus on higher volume manufacturing, while lower volume products will migrate to other sites.
• Non-Core Business: The company is increasing production capacity in its Arkansas and Vietnam facilities to meet growing customer demand for rebalancing contract manufacturing. This is in response to global logistics issues and geopolitical tensions.