KTCC
Key Tronic Corporation2.4400
+0.0200+0.83%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
26.50MP/E (TTM)
-Basic EPS (TTM)
-1.08Dividend Yield
0%Recent Filings
8-K
8-K
10-K
FY2025 results
Key Tronic's FY2025 revenue fell 17.5% y/y to $467.9M, pressured by tariff disruptions delaying new programs and $48M less from end-of-life scrap sales, yet Q4 saw wins in pest control, medical tech, and a major data OEM deal poised to ramp beyond $20M annually in FY2026. Gross margins expanded to 7.8% from 7.0%, fueled by headcount cuts totaling 600 for the year that boosted efficiencies despite severance hits, while operating income slipped to 0.1% of sales amid $1.8M in customer collection adjustments. Net loss widened to $(8.3)M or $(0.77)/diluted share from $(2.8)M or $(0.26), with EPS aligning to 10,762K diluted shares and no anti-dilution noted. Cash from operations rose to $18.9M on tighter receivables and inventory, supporting $25M revolver availability and $107.6M debt at year-end; capex held at $4.2M for new capacity in Arkansas and Vietnam. Q4 momentum built on diversification, with industrial now 52% of sales up from 46%. But customer concentration risks persist, as losing top clients could stall quarterly ramps.
8-K
Q4 revenue drops on tariffs
Key Tronic Corporation reported fiscal Q4 2025 revenue of $110.5 million, down from $126.6 million a year ago, amid reduced demand from key customers and tariff-induced delays in program launches. The company slashed 800 jobs over the year to align costs, boosting gross margin to 7.8% annually despite a $8.3 million net loss. New wins in pest control and data processing signal ramps ahead. Tariff uncertainty halts Q1 2026 guidance.
8-K
Exec comp goals set
Key Tronic Corporation's board set fiscal 2026 incentive compensation goals tied to profit levels, with CEO Brett Larsen eligible for up to 150% of base salary and executives Anthony Voorhees and Philip Hochberg up to 105%, requiring minimum profits for any payouts. They granted RSUs vesting over three years—89,927 to Larsen (40% time-based, 60% EBITDA-linked) and 44,964 each to Voorhees and Hochberg (50-50 split)—plus 14,388 to each non-employee director. For 2026-2028, long-term awards target $400,000 for Larsen and $190,000 each for Voorhees and Hochberg if sales growth and ROIC goals hit, scaling to 150% max. This ties pay to performance, yet hinges on meeting thresholds.
BHE
Benchmark Electronics, Inc.
45.60-1.60
DDD
3D Systems Corporation
1.91-0.04
DSWL
Deswell Industries, Inc.
3.30+0.00
KE
Kimball Electronics, Inc.
29.28-0.47
KEYS
Keysight Technologies Inc.
204.87-2.61
PLXS
Plexus Corp.
154.12-5.60
SANM
Sanmina Corporation
146.84-11.33
SPRS
Surge Components, Inc.
3.25+0.09
TAIT
Taitron Components Incorporated
1.20-0.02
TTMI
TTM Technologies, Inc.
67.63-4.42