Key Tronic Corporation (KTCC) Q4 2026 Earnings Call Transcript
Key Tronic Corporation (KTCC) Q4 2026 Earnings Call Transcript

Key Tronic Corporation (KTCC) operates as a contract manufacturer, offering comprehensive services to original equipment manufacturers (OEMs) both within the United States ...
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EPS $-4.41 · Revenue $386.67M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $386.7M | -17.4% | +13.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-47.8M | -474.6% | -1208.3% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +6.2% | -20.5% | -3.0% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -5.3% | -4539.6% | -793.3% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -12.4% | -595.2% | -1048.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $0 | -100.0% | +100.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | 0.0% | -100.0% | +100.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 182.6% | +80.6% | +56.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.10x | -17.5% | +2.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $299.8M | -5.1% | -7.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -4.41 vs 0.55 | -901.8% | -3.16 vs -0.21 | -1404.8% |
| Revenue Surprise | $386.7M vs $690.5M | -44.0% | $102.0M vs $179.8M | -43.2% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | Voorhees Anthony Gene | officer: EVP-Admin, CFO, Treasurer | Restricted Stock Units | A | 7,494 | — |
| Aug 27, 2026 | Voorhees Anthony Gene | officer: EVP-Admin, CFO, Treasurer | Common Stock | A | 7,494 | — |
| Aug 27, 2026 | Voorhees Anthony Gene | officer: EVP-Admin, CFO, Treasurer | Common Stock | D | 2,252 | $3.73 |
| Aug 27, 2026 | SHAMASH YACOV A | director | Common Stock | A | 14,388 | — |
| Aug 27, 2026 | SHAMASH YACOV A | director | Restricted Stock Units | A | 14,388 | — |
Operator: Good day and welcome to the Key Tronic FY 2026 Q4 Investor Call. Today's conference is being recorded. [Operator Instructions] At this time, I'd like to turn the call over to Tony Voorhees. Please go ahead. Anthony Voorhees: Good afternoon, everyone. I am Tony Voorhees, Chief Financial Officer of Key Tronic. I'd like to thank everyone for joining us today for our investor conference call. Joining me here at our Spokane, Washington headquarters is Brett Larsen, our President and Chief Executive Officer. As always, I would like to remind you that during the course of this call, we might make projections or other forward-looking statements regarding future events or the company's future financial performance. Please remember that such statements are only predictions. Actual events or results may differ materially. For more information, you may review the risk factors outlined in the documents the company has filed with the SEC, specifically our latest 10-K and quarterly 10-Qs. Please note that on this call, we will discuss historical, financial, and other statistical information regarding our business and operations. Some of this information is included in today's press release. During this call, we will also reference slides that accompany our discussion. The slides can be viewed with the webcast, and a link can be found on our Investor Relations website. In addition, the slides together with a recorded version of this call will be available in the Investor Relations section of our website. We will also discuss certain non-GAAP financial measures on this call. Additional information about these non-GAAP measures and the reconciliation to the most directly comparable GAAP measures are provided in today's press release, which is posted in the Investor Relations section of our website. For the fourth quarter of fiscal year 2026, we reported total revenue of $102 million, compared to $89.6 million in the prior quarter and $110.5 million in the same period of fiscal 2025. The 14% sequential increase in revenue in the fourth quarter of fiscal year 2026 was driven by strong demand from both legacy and new programs. Notably, revenue from our Vietnam-based production more than doubled sequentially, driven by medical device and consumer products programs. While customer demand rebounded significantly in the fourth quarter of fiscal year 2026, our production was constrained by tightening credit availability and liquidity pressures across the global supply chain. These constraints have affected the entire electronics manufacturing services industry as suppliers, customers, and manufacturers navigate ongoing macroeconomic uncertainty. While not immune to these challenges, our operational discipline, strength in manufacturing footprint, and longstanding customer relationships have positioned us ahead of our competitors. As a result, we continue to win new business and gain market share in several target markets, exhibited by over $60 million in new …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Brett R. Larsen | President, Chief Executive Officer & Director | USD 806,618 | Male | 1973 | Active |
Adam Agress | Executive Vice President of Business Development | USD 525,753 | Male | — | Active |
Philip Scott Hochberg | Executive Vice President of Customer Relations & Integration | USD 439,372 | Male | 1962 | Active |
Anthony Voorhees | Executive Vice President of Administration, Chief Financial Officer & Treasurer | USD 390,094 | Male | 1975 | Active |
Duane D. MacKleit | Executive Vice President of Operations | USD 294,928 | Male | 1968 | Active |
Chad T. Orebaugh | Executive Vice President of Engineering | — | Male | 1971 | Active |
David H. Knaggs | Executive Vice President of Quality, Regulatory Affairs & Information Systems | — | Male | 1981 | Active |
John C. Theiss | Corporate Secretary & General Counsel | — | Male | — | Active |
Nicholas S. Fasciana | Senior Vice President of US Operations | — | Male | — | Active |
Thomas E. Despres | Senior Vice President of Southwest Operations | — | Male | — | Active |
Key Tronic Corporation (KTCC) Q4 2026 Earnings Call Transcript

Strong Sequential Quarterly Revenue Growth; Completed Restructuring of Global Manufacturing Footprint; Improving Operating Efficiencies Drive Continued Program Wins Strong Sequential Quarterly Revenue Growth; Completed Restructuring of Global Manufacturing Footprint; Improving Operating Efficiencies Drive Continued Program Wins

Key Tronic (NASDAQ: KTCC - Get Free Report) and AUO (OTCMKTS:AUOTY - Get Free Report) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, valuation, profitability, earnings and risk. Analyst Ratings This is a summary of current ratings
