Filing Flows › Kimball Electronics (KE) › Q3 FY26
Kimball Electronics (KE) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 6, 2026
Kimball Electronics (KE) reported revenue of $353M for the third quarter fiscal 2026 (Q3 FY26), -6% from a year earlier and +3% from the quarter before. Operating margin was 3.3%, net earnings $5.7M (1.6% of revenue).
Kimball Electronics, Q3 FY26: revenue $353M (-6% year over year), operating margin 3.3%, net earnings $5.7M, operating cash flow $14.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $353M | +3% | -6% |
| Gross profit | $27.8M | -0.2% | +3% |
| Operating profit | $11.8M | +9% | +0.3% |
| Net earnings | $5.7M | +57% | +50% |
| Operating cash flow | $14.9M | +117% | -52% |
| Free cash flow | $494K | — | -98% |
What changed
Revenue was $352.9M in Q3 FY26, down 6% year over year and up 3% from the previous quarter. Automotive was the largest line at 45% of revenue. Medical lost $9.1M year over year (down 8%), 42% of the total change.
Gross margin was 7.9%, up 0.7 points from Q3 FY25. Operating profit was $11.8M, a 3.3% margin (up 0.2 points year over year). Operating expenses grew 6% against a revenue fall of 6%. The fastest-growing cost line was SG&A (+16%). Net earnings were $5.7M, up 50% year over year. The effective tax rate was 34.9%.
Operating cash flow was $14.9M (down 52% year over year), 260% of net earnings. Non-cash charges added back $10.3M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $3.4M. Capital expenditures of $14.4M left free cash flow of $494K.
Questions
What was Kimball Electronics' revenue in the third quarter fiscal 2026?
Kimball Electronics (KE) reported revenue of $353M for the third quarter fiscal 2026 (Q3 FY26), -6% from a year earlier and +3% from the quarter before.
Was Kimball Electronics profitable in the third quarter fiscal 2026?
Operating profit was $11.8M (3.3% of revenue) and net earnings $5.7M.