Revenue: As of FY2026 Q3, the actual value is USD 89.57 M.

EPS: As of FY2026 Q3, the actual value is USD -0.24.

EBIT: As of FY2026 Q3, the actual value is USD 2.158 M.

Revenue

Key Tronic Corporation reported total revenue of $89.6 million for the third quarter of fiscal year 2026, a decrease from $112.0 million in the same period of fiscal year 2025. For the first nine months of fiscal year 2026, total revenue was $284.6 million, compared to $357.4 million in the same period of fiscal year 2025. These year-over-year decreases were primarily attributed to lower demand from a legacy customer, an end-of-life program transition, and the adverse impact of Winter Storm Fern in the South during Q3 FY26 which caused temporary site closures.

Net Loss

The net loss for the third quarter of fiscal year 2026 was - $2.6 million, or - $0.24 per share, compared to a net loss of - $0.6 million, or - $0.06 per share, for the same period in fiscal year 2025. For the first nine months of fiscal year 2026, the net loss was - $13.5 million, or - $1.24 per share, compared to - $4.4 million, or - $0.41 per share, for the same period in fiscal year 2025.

Adjusted Net Loss

The adjusted net loss for the third quarter of fiscal year 2026 was - $2.8 million, or - $0.26 per diluted share, contrasting with an adjusted net income of $0.1 million, or $0.01 per diluted share, in the prior year’s period. For the first nine months of fiscal year 2026, the adjusted net loss was - $3.9 million, or - $0.36 per diluted share, compared to an adjusted net loss of - $1.2 million, or - $0.11 per diluted share, in the corresponding period of fiscal year 2025.

Gross Margin

Gross margin improved to 8.0% in the third quarter of fiscal year 2026, up from 7.7% in the same period of fiscal year 2025. Adjusted gross margin also improved to 8.5% for the third quarter of fiscal year 2026, compared to 8.4% in the same period of fiscal year 2025.

Operating Margin

Operating margin improved to -0.3% in the third quarter of fiscal year 2026, up from -0.4% in the same period of fiscal year 2025.

Cash Flow from Operations

Year-to-date cash flow provided by operations for the first nine months of fiscal year 2026 was approximately $10.0 million, slightly down from $10.1 million for the same period of fiscal year 2025.

Debt Reduction

Key Tronic Corporation successfully reduced its debt year-over-year by approximately $14.3 million.

China Manufacturing Wind-down

The wind-down of manufacturing operations in China is expected to be completed by the end of the current fiscal year, with anticipated savings of approximately $1.2 million per quarter following completion.

New Program Wins

During the third quarter of fiscal year 2026, Key Tronic Corporation secured new programs in automotive technology, industrial tooling, pest control, and industrial power management. The Company’s production backlog of customer demand has increased.

Outlook / Guidance

Key Tronic Corporation anticipates revenue growth in the fourth quarter of fiscal year 2026, expecting a return to profitability and continued strong margin growth due to increased demand and new program launches. Approximately half of its manufacturing is projected to occur in its US and Vietnam facilities during the fourth quarter of fiscal 2026 as production shifts away from China. However, due to timing uncertainties for new program ramps and macroeconomic conditions, Key Tronic Corporation will not issue formal revenue or earnings guidance for the fourth quarter of fiscal year 2026.