Filing Flows › Kimball Electronics (KE) › Q1 FY26
Kimball Electronics (KE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 6, 2025
Kimball Electronics (KE) reported revenue of $366M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -4% from the quarter before. Operating margin was 4.0%, net earnings $10.1M (2.8% of revenue).
Kimball Electronics, Q1 FY26: revenue $366M (-2% year over year), operating margin 4.0%, net earnings $10.1M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $366M | -4% | -2% |
| Gross profit | $28.8M | -5% | +22% |
| Operating profit | $14.5M | -12% | +59% |
| Net earnings | $10.1M | +53% | +220% |
| Operating cash flow | $8.1M | -90% | -82% |
What changed
Revenue was $365.6M in Q1 FY26, down 2% year over year and down 4% from the previous quarter. Automotive was the largest line at 45% of revenue. Automotive lost $17.4M year over year (down 10%), 201% of the total change.
Gross margin was 7.9%, up 1.6 points from a year earlier. Operating profit was $14.5M, a 4.0% margin (up 1.5 points year over year). Operating expenses fell 1% while revenue fell 2%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $10.1M, up 220% year over year. The effective tax rate was 8.3%.
Operating cash flow was $8.1M (down 82% year over year), 80% of net earnings. Non-cash charges added back $9.1M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $12.7M. Capital expenditures of $10.5M exceeded it, leaving free cash flow of −$2.5M.
Questions
What was Kimball Electronics' revenue in the first quarter fiscal 2026?
Kimball Electronics (KE) reported revenue of $366M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -4% from the quarter before.
Was Kimball Electronics profitable in the first quarter fiscal 2026?
Operating profit was $14.5M (4.0% of revenue) and net earnings $10.1M.