Filing Flows › Kimball Electronics (KE) › Q1 FY27
Kimball Electronics (KE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 5, 2026
Kimball Electronics (KE) reported revenue of $391M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and +5% from the quarter before. Operating margin was 3.2%, net earnings $2.6M (0.7% of revenue).
Kimball Electronics, Q1 FY27: revenue $391M (+7% year over year), operating margin 3.2%, net earnings $2.6M, operating cash flow −$19.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $391M | +5% | +7% |
| Gross profit | $30.9M | -6% | +7% |
| Operating profit | $12.4M | -57% | -14% |
| Net earnings | $2.6M | -69% | -74% |
| Operating cash flow | −$19.3M | -146% | -340% |
What changed
Revenue was $390.8M in Q1 FY27, up 7% year over year and up 5% from the previous quarter. Automotive was the largest line at 44% of revenue. Medical added $14.1M year over year (up 14%), 56% of the total change.
Gross margin was 7.9%, unchanged from Q1 FY26. Operating profit was $12.4M, a 3.2% margin (down 0.8 points year over year). Operating profit fell $2.1M even though revenue rose $25.2M versus Q1 FY26, so costs grew faster than sales. Operating expenses grew 29% against revenue growth of 7%. The fastest-growing cost line was SG&A (+38%). Net earnings were $2.6M, down 74% year over year. The effective tax rate was 66.1%.
Operating cash flow was −$19.3M. Non-cash charges added back $11.1M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $34.7M. Capital expenditures of $9.0M exceeded it, leaving free cash flow of −$28.3M.
Questions
What was Kimball Electronics' revenue in the first quarter fiscal 2027?
Kimball Electronics (KE) reported revenue of $391M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and +5% from the quarter before.
Was Kimball Electronics profitable in the first quarter fiscal 2027?
Operating profit was $12.4M (3.2% of revenue) and net earnings $2.6M.