Filing Flows › Kimball Electronics (KE) › Q2 FY26
Kimball Electronics (KE) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 5, 2026
Kimball Electronics (KE) reported revenue of $341M for the second quarter fiscal 2026 (Q2 FY26), -5% from a year earlier and -7% from the quarter before. Operating margin was 3.2%, net earnings $3.6M (1.1% of revenue).
Kimball Electronics, Q2 FY26: revenue $341M (-4% year over year), operating margin 3.2%, net earnings $3.6M, operating cash flow $6.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $341M | -7% | -5% |
| Gross profit | $27.9M | -3% | +19% |
| Operating profit | $10.8M | -26% | +31% |
| Net earnings | $3.6M | -64% | +6% |
| Operating cash flow | $6.9M | -15% | -77% |
What changed
Revenue was $341.3M in Q2 FY26, down 5% year over year and down 7% from the previous quarter. Automotive was the largest line at 48% of revenue. Automotive lost $24.0M year over year (down 13%), 149% of the total change.
Gross margin was 8.2%, up 1.6 points from a year earlier. Operating profit was $10.8M, a 3.2% margin (up 0.9 points year over year). Operating expenses grew 13% against a revenue fall of 5%. The fastest-growing cost line was SG&A (+41%). Net earnings were $3.6M, up 6% year over year. The effective tax rate was 47.9%.
Operating cash flow was $6.9M (down 77% year over year), 189% of net earnings. Non-cash charges added back $9.3M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $8.2M. Capital expenditures of $18.1M exceeded it, leaving free cash flow of −$11.2M.
Questions
What was Kimball Electronics' revenue in the second quarter fiscal 2026?
Kimball Electronics (KE) reported revenue of $341M for the second quarter fiscal 2026 (Q2 FY26), -5% from a year earlier and -7% from the quarter before.
Was Kimball Electronics profitable in the second quarter fiscal 2026?
Operating profit was $10.8M (3.2% of revenue) and net earnings $3.6M.