earnings
confidence high
sentiment negative
materiality 0.80
Key Tronic Q1 FY2026 revenue drops 25% YoY to $98.8M; net loss $0.21/share
KEY TRONIC CORP
2026-Q1 EPS reported
-$0.21
revenue$98,750,000
- Revenue $98.8M vs $131.6M YoY; net loss $(2.3)M versus net income $1.1M last year.
- Adjusted net loss $(1.1)M or $(0.10) per share; adjusted net income was $2.8M a year ago.
- Gross margin 8.4% (up from 6.2% sequential) but down from 10.1% YoY; $1.6M charge from customer bankruptcy.
- Cash from operations $7.6M; debt reduced by ~$12M YoY; opened new facility in Springdale, Arkansas.
- Management cites customer demand reductions and program launch delays; long-term growth expected from near-shoring.