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KTCC

Key Tronic Corporation

KTCC

Key Tronic Corporation • NASDAQ
$2.60 ▼ -4.41% (-0.12)
Market Cap $27.99 M
52w High $5.70
52w Low $2.21
Dividend Yield 0%
P/E -2.41
Volume 35.28K
Outstanding Shares 10.76M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $98.75M ▼ $8.838M ▼ $-2.255M ▲ -2.284% ▲ $-0.21 ▲ $1.897M ▲
Q4-2025 $110.486M ▼ $9.113M ▲ $-3.924M ▼ -3.552% ▼ $-0.36 ▼ $-2.302M ▼
Q3-2025 $111.974M ▼ $9.066M ▲ $-604K ▲ -0.539% ▲ $-0.06 ▲ $1.95M ▲
Q2-2025 $113.853M ▼ $8.827M ▼ $-4.914M ▼ -4.316% ▼ $-0.46 ▼ $1.404M ▼
Q1-2025 $131.558M $8.859M $1.124M 0.854% $0.1 $7.455M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $1.123M ▼ $324.563M ▲ $209.763M ▲ $114.8M ▼
Q4-2025 $1.384M ▼ $315.874M ▼ $198.74M ▼ $117.134M ▼
Q3-2025 $2.468M ▼ $328.557M ▲ $208.962M ▲ $119.595M ▲
Q2-2025 $4.244M ▼ $327.829M ▼ $208.342M ▼ $119.487M ▼
Q1-2025 $6.555M $355.934M $231.591M $124.343M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-2.255M ▲ $7.604M ▲ $-3.182M ▼ $-4.683M ▼ $-261K ▲ $4.422M ▲
Q4-2025 $-3.924M ▼ $0 ▲ $0 ▲ $0 ▼ $-2.468M ▼ $0 ▲
Q3-2025 $-604K ▲ $-1.419M ▼ $-2.199M ▼ $1.842M ▲ $-1.776M ▲ $-3.618M ▼
Q2-2025 $-4.914M ▼ $1.59M ▼ $-444K ▼ $-3.457M ▲ $-2.311M ▼ $1.146M ▼
Q1-2025 $1.124M $9.947M $-377K $-7.767M $1.803M $9.57M

Revenue by Products

Product Q1-2026
Transferred at Point in Time
Transferred at Point in Time
 $0 ▲
Transferred over Time
Transferred over Time
 $100.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has drifted down a bit over the last few years while remaining fairly stable overall. Gross profit has held roughly steady, but on a thin margin, which leaves little room for error when costs move the wrong way. Operating profit has hovered around break‑even, and net results recently slipped into a small loss after a stretch of only modest profitability. The overall picture is of a business with decent scale but very tight margins, where even small changes in demand or input costs can quickly swing earnings up or down.

Balance Sheet

Balance Sheet The balance sheet looks lean with a fairly small asset base and limited cash, but debt levels appear moderate rather than excessive. Equity has been broadly flat, suggesting the company has not built a large financial cushion but also has not been heavily diluted. This structure can work in steady conditions, but it leaves less room to absorb large shocks, making consistent operations and disciplined working‑capital management especially important.

Cash Flow

Cash Flow Cash generation has been choppy. Operating cash flow dipped negative in some years but has turned positive more recently, and free cash flow has improved from past shortfalls to modestly positive figures. Capital spending has been relatively restrained, which supports free cash flow but may cap the pace of expansion. Overall, the company is producing some cash, but its history shows that cash flow can fluctuate meaningfully with the business cycle and customer volumes.

Competitive Edge

Competitive Edge Key Tronic competes in the electronic manufacturing services space by focusing on flexibility and close customer relationships rather than pure scale. Its ability to handle low‑ to medium‑volume, complex products, along with meaningful vertical integration in plastics, metals, and final assembly, sets it apart from many peers. A global footprint across the U.S., Mexico, China, and Vietnam allows it to balance cost, proximity, and trade considerations for customers. However, the EMS industry remains highly competitive and price sensitive, which helps explain the company’s thin margins.

Innovation and R&D

Innovation and R&D The company’s roots in keyboard design gave it deep expertise in electromechanical systems and human‑machine interfaces, which it has extended into broader product design and engineering services. It offers end‑to‑end capabilities—from design and prototyping through new‑product introduction and volume manufacturing—using formal quality and reliability processes. Recent moves into areas like energy resilience, and expansions in U.S. and Vietnam capacity, show a willingness to invest in higher‑value, more complex assemblies and growth sectors, even if specific R&D figures are not broken out.

Summary

Key Tronic has evolved from a keyboard maker into a niche EMS provider with strong engineering capabilities, flexible manufacturing, and a diversified geographic footprint. Financially, it operates on thin margins, with earnings and cash flow that can swing meaningfully from year to year, and a balance sheet that is adequate but not especially cushioned. Strategically, its integrated design‑to‑manufacturing model, customer‑centric approach, and move into higher‑growth areas like energy resilience create potential upside if new programs ramp smoothly. At the same time, the combination of a competitive, price‑driven industry and limited margin of safety on the financial side means execution quality and cost control are critical variables to watch.

NEWS

November 4, 2025 · 4:03 PM UTC

Key Tronic Corporation Announces Results for The First Quarter of Fiscal Year 2026

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October 20, 2025 · 4:05 PM UTC

Key Tronic Corporation Announces First Quarter Reporting Date

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