Key Tronic Corp
NASDAQ:KTCC

Watchlist Manager
Key Tronic Corp Logo
Key Tronic Corp
NASDAQ:KTCC
Watchlist
Price: 2.65 USD -1.85% Market Closed
Market Cap: 28.8m USD

Key Tronic Corp
Investor Relations

Key Tronic Corp. engages in the provision of electronics manufacturing services. The company is headquartered in Spokane, Washington and currently employs 5,450 full-time employees. The firm is engaged in designing, building and delivering keyboards for computers in the United States. The firm provides a mix of manufacturing services for outsourced original equipment manufacturing (OEM) products and electronic manufacturing services (EMS). The firm provides EMS services include product designing, surface mount technologies and pin through hole capability for printed circuit board assembly, tool making, precision plastic molding, sheet metal fabrication and painting, liquid injection molding, complex assembly, automated tape winding, prototype design and full product assembly. The company focuses on manufacturing as contract manufacturer of various products. Its design and engineering in electronics, mechanical engineering, sheet metal fabrication and stamping, and precision plastics and assembly on an international basis while providing customer service.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Nov 4, 2025
AI Summary
Q1 2026

Revenue Decline: Key Tronic reported Q1 FY26 revenue of $98.8 million, down sharply from $131.6 million last year, hurt by reduced demand from a long-standing customer and program ramp delays.

Margins Impacted: Gross margin rose to 8.4% from the prior quarter but was lower than a year ago due to reduced revenue and a $1.6 million reserve for a customer bankruptcy.

Consigned Program Ramping: The new consigned materials program started with over $1 million in Q1 revenue and could exceed $20 million annually, expected to boost margins and require less working capital.

Cost Control & Efficiency: Operational efficiencies and cost reductions, especially in workforce and Mexico operations, drove sequential gross margin improvement and are expected to aid future profitability.

No Guidance Given: Due to uncertainty around new program timing, management did not provide forward-looking guidance for Q2 FY26.

Positive Cash Flow: Operating cash flow was $7.6 million in Q1, supporting a $12 million year-over-year debt reduction and $21.8 million reduction in total liabilities.

Facility Expansion: Production capacity was expanded in the U.S. (Arkansas) and Vietnam, positioning the company to benefit from onshoring and tariff-driven manufacturing shifts.

Key Financials
Revenue
$98.8 million
Gross Margin
8.4%
Operating Margin
-0.6%
Net Loss
$2.3 million
EPS
-$0.21
Adjusted Net Loss
$1.1 million
Adjusted EPS
-$0.10
Cash Flow from Operations
$7.6 million
Debt Reduction
$12 million
Total Liabilities Reduction
$21.8 million
Current Ratio
2.4:1
Days Sales Outstanding (DSO)
81 days
Capital Expenditures
$3.2 million (Q1), $8 million expected for full year
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brett R. Larsen C.P.A.
President & CEO
No Bio Available
Mr. Philip Scott Hochberg
Executive Vice President of Customer Relations & Integration
No Bio Available
Mr. Anthony G. Voorhees
Executive VP of Administration, CFO & Secretary
No Bio Available
Mr. Duane D. MacKleit
Executive Vice President of Operations
No Bio Available
Mr. John C. Theiss J.D.
Corporate Secretary & General Counsel
No Bio Available
Mr. Chad T. Orebaugh
Executive Vice President of Engineering
No Bio Available
Mr. David H. Knaggs
Executive Vice President of Quality, Regulatory Affairs & Information Systems
No Bio Available
Mr. Craig Green
Senior Vice President of Business Development
No Bio Available
Mr. Nicholas S. Fasciana
Senior Vice President of US Operations
No Bio Available
Mr. Thomas E. Despres
Senior Vice President of Southwest Operations
No Bio Available

Contacts

Address
WASHINGTON
Spokane
4424 N Sullivan Rd
Contacts
+15099288000.0
www.keytronic.com