---
schema_version: "secwatch.filing_event.v1"
accession: "0001606757-22-000056"
form_type: "8-K"
ticker: "KE"
cik: "0001606757"
company_name: "Kimball Electronics, Inc."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:28:26.527076+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimball Electronics reports record Q1 sales $405.9M (+39% YoY); affirms FY2023 high-end guidance

## Summary
- Net sales $405.9M, an all-time quarterly high, up 39% YoY; foreign currency headwind of 5%.
- Operating income $13.6M (3.3% margin) vs $4.8M (1.6%) in prior year.
- Net income $9.5M ($0.38 diluted EPS) vs $2.6M ($0.10) in Q1 FY2022.
- Company affirms fiscal 2023 guidance, expects high-end of range for sales and operating margin.

## SEC filing metadata
- accession: 0001606757-22-000056
- form_type: 8-K
- ticker: KE
- cik: 0001606757
- company_name: Kimball Electronics, Inc.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000056/0001606757-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000056/ke-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606757-22-000056
- JSON: https://secwatch.observer/filing/0001606757-22-000056.json
- Plain text: https://secwatch.observer/filing/0001606757-22-000056.txt

## Key facts
- Earnings Releases
  Kimball Electronics, Inc. reported the first quarter ended September 30, 2022 results: revenue $405.9 million, net income $9.5 million, EPS $0.38 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended September 30, 2022
  - Revenue: $405.9 million
  - Net income: $9.5 million
  - EPS: $0.38 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales in the first quarter of fiscal 2023 totaled $405.9 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the first quarter of fiscal 2022 • Operating income of $13.6 million, or 3.3% of net sales, compared to operating income of $4.8 million, or 1.6% of net sales in the same period last year • Net income of $9.5 million, or $0.38 per diluted share, compared to net income of $2.6 million, or $0.10 per diluted share, in the first quarter of fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000056/0001606757-22-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.