Quarterly ResultMay 5, 2026, 04:42 PM
Kimball Electronics Q3 Revenue $352.9M; Affirms FY26 Guidance
AI Summary
Kimball Electronics reported its third-quarter fiscal 2026 financial results, with revenue reaching $352.9 million, a 3.4% sequential increase driven by strong double-digit growth in the medical vertical. The company achieved solid operating margins and positive cash flow for the ninth consecutive quarter. Kimball Electronics also affirmed its guidance for fiscal year 2026, expecting adjusted operating margin to be at the high end of its projected range.
Key Highlights
- Q3 revenue $352.9 million, a sequential increase of 3.4% from Q2.
- Medical vertical sales increased 10.2% sequentially.
- Operating income was $11.8 million (3.3% of net sales); adjusted operating margin was 4.2%.
- Net income reached $5.7 million, with diluted EPS of $0.23.
- Generated $14.9 million in cash from operations, marking the ninth consecutive quarter of positive operating cash.
- Repurchased 165,000 shares of common stock for $4.0 million.
- Affirmed fiscal year 2026 net sales guidance in the range of $1,400-$1,460 million.
- Affirmed fiscal year 2026 adjusted operating margin expected at the high end of 4.2%-4.5% range.