KTCC KEY TRONIC CORP

Overview and Growth

Fiscal 2026 results for KEY TRONIC CORP combined $386.67M of revenue with net loss of $47.79M and an operating cash inflow of $4.42M. Revenue of $386.67M sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line contracted 17.4% from $467.87M in fiscal 2025; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$4.41, adding a shareholder-level measure to the absolute income figures considered below. Total assets stood at $299.77M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 1.29x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $23.94M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 6.2% of revenue, quantifying the portion retained before operating expenses were recognized. The company recorded an operating loss of $14.72M after the reported operating expense base. The operating loss equaled 3.8% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $47.79M, extending the operating result through all remaining items. The net loss equaled 12.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. The pretax result was a loss of $24.79M, establishing the deficit before tax effects. The pretax loss equaled 6.4% of revenue, measuring the pre-tax deficit against sales. The company recognized $23.00M of income tax for the period, completing the transition from pretax income to net income. Relative to period-end equity, the net loss represented 69.1%. Relative to total assets, the net loss represented 15.9%.

Liquidity and Capital Structure

The company held $299.77M of assets against $230.58M of liabilities and $69.18M of equity, revealing how the asset base was financed. At period end, current assets of $223.76M compared with current liabilities of $106.49M, defining the company’s short-term resource position. Current assets covered current liabilities by 2.1x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $584.00K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 0.5%, excluding receivables and other current assets. Borrowings totaled $106.22M, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 1.54x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 35.4%, comparing borrowing with the total asset balance. Liabilities represented 76.9% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 0.2%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 5.1% lower than fiscal 2025 assets of $315.87M, measuring the company’s own balance-sheet change. Against $117.13M of equity in fiscal 2025, the current book-equity balance moved 40.9% and ended lower.

Cash Flow and Earnings Quality

Cash flow from operations was $4.42M, a reported cash inflow that can be compared directly with net income and capital spending. Capital expenditures used $6.35M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 143.6% of operating cash flow, leaving the remainder available as free cash flow. Negative free cash flow was $1.93M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 0.5%. Relative to total assets, the post-investment cash deficit measured 0.6%.

Based on the annual report for the fiscal year ending Jun 27, 2026. Analysis generated Sep 24, 2026.