Filing Flows › Key Tronic (KTCC) › Q1 FY26
Key Tronic (KTCC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 7, 2025
Key Tronic (KTCC) reported revenue of $98.8M for the first quarter fiscal 2026 (Q1 FY26), -25% from a year earlier and -11% from the quarter before. Operating margin was -0.6%, net loss $2.3M (2.3% of revenue).
Key Tronic, Q1 FY26: revenue $98.8M (-25% year over year), operating margin -0.6%, net loss $2.3M, operating cash flow $7.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.8M | -11% | -25% |
| Operating profit | −$584K | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | $7.6M | -14% | -24% |
| Free cash flow | $4.4M | -43% | -54% |
What changed
Revenue was $98.8M in Q1 FY26, down 25% year over year and down 11% from the previous quarter.
Gross margin was 8.4%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $584K, an operating margin of -0.6%. Operating expenses fell 0% while revenue fell 25%. The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $3.9M loss. Net interest and other expense of $2.8M was the main reason.
Operating cash flow was $7.6M (down 24% year over year). Non-cash charges added back $2.5M of depreciation and amortization and $221K of share-based compensation. Working capital and other items added $7.2M. Capital expenditures of $3.2M left free cash flow of $4.4M.
Questions
What was Key Tronic's revenue in the first quarter fiscal 2026?
Key Tronic (KTCC) reported revenue of $98.8M for the first quarter fiscal 2026 (Q1 FY26), -25% from a year earlier and -11% from the quarter before.
Was Key Tronic profitable in the first quarter fiscal 2026?
Operating loss was $584K (-0.6% of revenue) and net loss $2.3M.
Source: Key Tronic 10-Q on SEC EDGAR.