Filing Flows › Kimball Electronics (KE) › Q3 FY25
Kimball Electronics (KE) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 7, 2025
Kimball Electronics (KE) reported revenue of $375M for the third quarter fiscal 2025 (Q3 FY25), -12% from a year earlier and +5% from the quarter before. Operating margin was 3.1%, net earnings $3.8M (1.0% of revenue).
Kimball Electronics, Q3 FY25: revenue $375M (-12% year over year), operating margin 3.1%, net earnings $3.8M, operating cash flow $30.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $375M | +5% | -12% |
| Gross profit | $26.9M | +15% | -20% |
| Operating profit | $11.7M | +42% | — |
| Net earnings | $3.8M | +11% | — |
| Operating cash flow | $30.9M | +5% | -27% |
| Free cash flow | $27.0M | +17% | -10% |
What changed
Revenue was $374.6M in Q3 FY25, down 12% year over year and up 5% from the previous quarter. Automotive was the largest line at 46% of revenue. Automotive lost $28.9M year over year (down 14%), 57% of the total change.
Gross margin was 7.2%, down 0.7 points from a year earlier. Operating profit was $11.7M, a 3.1% margin (up 4.6 points year over year). Operating expenses fell 62% while revenue fell 12%. Net earnings were $3.8M. The effective tax rate was 46.6%.
Operating cash flow was $30.9M (down 27% year over year), 811% of net earnings. Non-cash charges added back $9.2M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $16.0M. Capital expenditures of $3.9M left free cash flow of $27.0M.
Questions
What was Kimball Electronics' revenue in the third quarter fiscal 2025?
Kimball Electronics (KE) reported revenue of $375M for the third quarter fiscal 2025 (Q3 FY25), -12% from a year earlier and +5% from the quarter before.
Was Kimball Electronics profitable in the third quarter fiscal 2025?
Operating profit was $11.7M (3.1% of revenue) and net earnings $3.8M.