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Kimball Electronics, Inc. (KE) stock

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NASDAQ: KE Nasdaq Electronic Manufacturing Services Next results ~November 4, 2026

D Fundamentals grade

Kimball Electronics, Inc. is a US-listed company in the electronic manufacturing services industry. Its financial year ends in June.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$46

Cash-flow model

Base case. Range ~$34–$62 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 75% above it.

Price used: $26.24, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds87 adding, 73 cuttingOf 39 active managers that changed their stake, 21 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Kimball Electronics files

Where Kimball Electronics stands after its latest 10-K

Revenue for the twelve months to June 2026 was $1.43bn, down 3.7% on a year earlier, a smaller fall than the 6.3% decline a quarter earlier. That puts it 8 of 8 for growth among the electronic manufacturing services companies we cover. Free-cash-flow margin fell to 1.4% from 10.1% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 4 of our 5 financial-health checks. Our cash-flow model value is $42.35 a share, against a share price of $25.49. At that price, our model says the market is pricing in cash flow shrinking about 6.5% a year for five years, slower than the 2.1% a year revenue growth it has delivered.

Source: 10-K filed August 19, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Kimball Electronics, Inc.'s trailing-twelve-month revenue fell 3.7% year on year, with a free-cash-flow margin of 1.4%. Where it lags: gross margin of 8.2% ranks 11 of 12 electronic manufacturing services companies we cover.

Our discounted-cash-flow model values the business at ~$46 per share in the base case (~$34–$62 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 86.3% while net income grew 64.6%: a 151pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Priced below our value. The share price of $26.24 is 75% below our value per share of $46.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 14.2% over 90 days.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 3.7% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 49% and a beta of 2.0 against the S&P 500.
  • Weak cash conversion. Free cash flow was 74% of net income over the last 12 months.
  • Below peers: gross margin. Gross margin of 8.2% ranks 11 of 12 electronic manufacturing services companies we cover (median 11.4%).
  • Below peers: free-cash-flow margin. Free-cash-flow margin of 1.4% ranks 10 of 12 electronic manufacturing services companies we cover (median 3.0%).

Latest results: FY2026 Q4

Filed August 19, 2026
Earnings per share
-$0.01 against an average estimate of $0.39: missed by 102.6%
Revenue
$372m, down 2.3% on a year earlier
Share reaction
+3.2% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500
Guidance given
net sales $1,535m to $1,560m (fiscal 2027); net sales growth growth 7% to 9% (fiscal 2027)
Next report
November 4, 2026; average EPS estimate $0.37

Kimball Electronics' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.5%
  • 1 week+4.4%
  • 1 month-8.9%
  • This year-5.7%
  • 1 year-9.8%
  • 5 years-14.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.4B
Operating margin
4.6%
Net margin
2.0%
EPS (TTM, diluted)
$1.13

Growth

Revenue growth
−3.7%
Change in growth rate
+2.5 pts
Share count change
−1.0%

Cash

Free cash flow (TTM)
$20.6M
FCF margin
1.4%
Stock pay % of revenue
0.6%

Earnings

Last results
August 12, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Results
  3. Guidance
  4. Results
  5. Product

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies cash flow shrinking about 5.8% a year for five years.That is slower than the 2.1% a year revenue growth Kimball Electronics has delivered.

  • Priced in-5.8%
  • Last 12 months-3.7%
  • 3 years a year-7.8%
  • 5 years a year2.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($27.09, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$46
Price used
$27.09close November 3, 2026
Implied change
▲ +70%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Kimball Electronics, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($65.6M, FY2026 Q4 TTM), growing 6.2% and 2.6% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$34–~$62 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Kimball Electronics, Inc.'s free cash flow after stock-based pay ( $65.6M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Kimball Electronics, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.3 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$46 ~$34–$62 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$24 ~$21–$28 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$13 ~$8.5–$19 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$9.5 ~$8.4–$11 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$28 ~$9.5–$46 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kimball Electronics, Inc. with Electronic Manufacturing Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −28%
  • Revenue growth 5 points higher ▲ +37%
  • Free-cash-flow margin 1 point lower ▼ −58%
  • Last year's free-cash-flow margin change, if it persists ▼ −83%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $38$52$71$95$127$169
8.5% $28$39$52$70$93$122
10% $23$31$41$55$72$94

Valuation multiples over time Market data may be delayed

Kimball Electronics, Inc.: market value and multiples by fiscal year
At fiscal year end 20162017201820192020202120222023202420252026
Share price$12.45$18.05$18.30$16.24$13.54$21.74$20.10$27.63$21.98$19.23$25.60
Market value$363m$497m$494m$424m$344m$550m$507m$693m$556m$481m$634m
+ Net debt (− = net cash)−$46m−$35m−$38m$77m$53m−$40m$131m$238m$277m$76m$35m
Enterprise value$318m$462m$456m$501m$397m$509m$638m$931m$832m$557m$670m
Multiples
Price / sales 0.4x0.5x0.5x0.4x0.3x0.4x0.4x0.4x0.3x0.3x0.4x
Price / earnings 16.3x14.5x29.5x13.4x18.9x9.7x16.2x12.4x27.1x28.3x22.7x
Price / free cash flow 114.7x36.8x34.5x—10.0x6.0x——20.5x3.2x30.5x
EV / EBITDA 6.4x6.9x6.7x7.1x6.3x5.1x7.8x7.8x9.5x6.7x6.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

47 /100

Moderate moat

How hard Kimball Electronics's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 9 / 20

    Cash operating profit has been a median 7.9% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 8.1%, moving by 0.6 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median 3.9%; its worst year was 2.7%.

  • Cash conversion 8 / 20

    Free cash flow was positive in 7 of 10 years, at a median 1.4% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 2.0% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (52 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $386m and EPS of $0.37 (range $0.28 to $0.45) for the quarter.

Analysts' consensus

Kimball Electronics, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $1.56 +44% $1.5bn +8%
Next $1.83 +17% $1.6bn +4%

Next year's EPS estimate has moved +14.2% in 90 days, across 4 analysts.

Earnings against estimates

Kimball Electronics, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.39 −$0.01 −102.6%
Mar 2026 $0.34 $0.33 −1.5%
Dec 2025 $0.26 $0.28 +9.8%
Sept 2025 $0.27 $0.49 +81.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 12, 2026
  • Net sales fiscal 2027 $1,535m to $1,560m
    “Net sales in the range of $1,535 - $1,560 million, a 7% - 9% increase compared to fiscal 2026” source
  • Net sales growth fiscal 2027 7% growth to 9% growth
    “Net sales in the range of $1,535 - $1,560 million, a 7% - 9% increase compared to fiscal 2026” source
  • Adjusted operating income fiscal 2027 4.4% to 4.7% Non-GAAP
    “Adjusted operating income of 4.4% - 4.7% of net sales” source
  • Organic sales growth fiscal 2027 3% growth to 5% growth
    “Organic sales growth of 3% - 5%, with Medical increasing in the high single to low double-digit range” source
  • Helvoet sales fiscal 2027 about $60m
    “Helvoet sales of approximately $60 million” source
  • Capital expenditures fiscal 2027 $50m to $60m
    “Capital expenditures of $50 - $60 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Kimball Electronics, Inc.'s revenue by +6.2% next year and +2.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.9%, weight 49%) , management guidance (+8.2%, weight 22%) and the company's own record (+2.0%, weight 29%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy267%
Hold133%
Sell00%

Monthly trend

  1. Oct 2026213
  2. Sep 2026314
  3. Aug 2026314

Counts of recommendations published by analysts covering Kimball Electronics, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.7%
of tradable shares
Days to cover
8.26
at average volume
Short interest, 1 month
−10%
to September 30, 2026
Held by institutions
89%
of shares
Held by insiders
3.3%
of shares
Employees
5,600
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −9.8%

$29.07 on October 31, 2025 to $26.24

Kimball Electronics, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.5bn $1.4bn −3.7%
Net margin 1.1% 2.0% +71.0%
P/E multiple 42.8x 23.2x −45.7%
Share count 25m 25m +1.0%

Biggest factor: p/e multiple.

Last 3 years −3.6%

$27.21 on November 3, 2023 to $26.24

Kimball Electronics, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.8bn $1.4bn −21.5%
Net margin 3.1% 2.0% −36.2%
P/E multiple 12.2x 23.2x +90.2%
Share count 25m 25m +1.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Kimball Electronics, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
KE+36%+4%+19%−31%+49%−6%
Industry peers (median)+33%+1%+6%+14%+56%+1%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
KE58%50%50%33%33%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
KE−33%−27%−27%−36%−34%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 59% from September 1, 2023 to April 8, 2025. Getting back needed a 141% gain, reached on September 15, 2025, 160 days after the low.

Price behaviour

52-week range
$22.63 – $31.38
From 52-week high
−16.4%
vs 50-day average
+0.7%
vs 200-day average
+2.1%
Volatility (1 year)
49%
Beta vs S&P 500
2.00

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±11.4%
After a week
5 up, 7 down
typical move ±12.4%
After a month
5 up, 7 down
typical move ±12.8%
Kimball Electronics, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 +3.2% +0.9% −6.0% +3.7%
May 5, 2026 −6.4% +2.2% −5.9% −2.0%
February 4, 2026 −24.2% −1.7% −21.7% −27.1%
November 5, 2025 −2.2% −0.7% +2.3% +2.5%
August 13, 2025 +18.6% +0.4% +31.6% +46.9%
May 6, 2025 +25.3% −0.4% +26.3% +26.4%
February 4, 2025 +2.7% +1.1% −4.9% −5.4%
November 4, 2024 +7.8% +1.0% +14.3% +7.8%
August 14, 2024 −12.8% +2.0% −10.5% −11.4%
May 7, 2024 +4.1% +0.1% +4.5% 0.0%
February 5, 2024 −15.6% −0.1% −9.5% −10.1%
November 6, 2023 −13.7% +0.5% −11.5% −9.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Kimball Electronics, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade D (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Kimball Electronics, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Kimball Electronics, Inc.
$1.4B $1.6B $1.8B $2B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $1.9B Revenue (TTM), FY24 Q2: $1.8B Revenue (TTM), FY24 Q3: $1.8B Revenue (TTM), FY24 Q4: $1.7B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.6B Revenue (TTM), FY25 Q3: $1.5B Revenue (TTM), FY25 Q4: $1.5B Revenue (TTM), FY26 Q1: $1.5B Revenue (TTM), FY26 Q2: $1.5B Revenue (TTM), FY26 Q3: $1.4B Revenue (TTM), FY26 Q4: $1.4B $1.4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $1.9B
FY24 Q2 $1.8B
FY24 Q3 $1.8B
FY24 Q4 $1.7B
FY25 Q1 $1.7B
FY25 Q2 $1.6B
FY25 Q3 $1.5B
FY25 Q4 $1.5B
FY26 Q1 $1.5B
FY26 Q2 $1.5B
FY26 Q3 $1.4B
FY26 Q4 $1.4B
Revenue growth, TTM YoY Kimball Electronics, Inc.
-20% 0% 20% 40% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 26.9% Revenue growth, TTM YoY, FY24 Q2: 16.2% Revenue growth, TTM YoY, FY24 Q3: 4.7% Revenue growth, TTM YoY, FY24 Q4: -6.0% Revenue growth, TTM YoY, FY25 Q1: -11.0% Revenue growth, TTM YoY, FY25 Q2: -13.8% Revenue growth, TTM YoY, FY25 Q3: -13.7% Revenue growth, TTM YoY, FY25 Q4: -13.3% Revenue growth, TTM YoY, FY26 Q1: -10.5% Revenue growth, TTM YoY, FY26 Q2: -7.9% Revenue growth, TTM YoY, FY26 Q3: -6.3% Revenue growth, TTM YoY, FY26 Q4: -3.7% -3.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 26.9%
FY24 Q2 16.2%
FY24 Q3 4.7%
FY24 Q4 -6.0%
FY25 Q1 -11.0%
FY25 Q2 -13.8%
FY25 Q3 -13.7%
FY25 Q4 -13.3%
FY26 Q1 -10.5%
FY26 Q2 -7.9%
FY26 Q3 -6.3%
FY26 Q4 -3.7%
Operating margin (TTM) Kimball Electronics, Inc.
1% 2% 3% 4% 5% 6% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 5.0% Operating margin (TTM), FY24 Q2: 5.0% Operating margin (TTM), FY24 Q3: 3.4% Operating margin (TTM), FY24 Q4: 2.9% Operating margin (TTM), FY25 Q1: 2.4% Operating margin (TTM), FY25 Q2: 1.9% Operating margin (TTM), FY25 Q3: 3.2% Operating margin (TTM), FY25 Q4: 3.1% Operating margin (TTM), FY26 Q1: 3.4% Operating margin (TTM), FY26 Q2: 3.7% Operating margin (TTM), FY26 Q3: 3.7% Operating margin (TTM), FY26 Q4: 4.6% 4.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 5.0%
FY24 Q2 5.0%
FY24 Q3 3.4%
FY24 Q4 2.9%
FY25 Q1 2.4%
FY25 Q2 1.9%
FY25 Q3 3.2%
FY25 Q4 3.1%
FY26 Q1 3.4%
FY26 Q2 3.7%
FY26 Q3 3.7%
FY26 Q4 4.6%
FCF margin (TTM) Kimball Electronics, Inc.
-5% 0% 5% 10% 15% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: -1.3% FCF margin (TTM), FY24 Q2: -1.8% FCF margin (TTM), FY24 Q3: 0.4% FCF margin (TTM), FY24 Q4: 1.5% FCF margin (TTM), FY25 Q1: 3.4% FCF margin (TTM), FY25 Q2: 7.8% FCF margin (TTM), FY25 Q3: 7.9% FCF margin (TTM), FY25 Q4: 10.1% FCF margin (TTM), FY26 Q1: 7.8% FCF margin (TTM), FY26 Q2: 5.6% FCF margin (TTM), FY26 Q3: 3.8% FCF margin (TTM), FY26 Q4: 1.4% 1.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 -1.3%
FY24 Q2 -1.8%
FY24 Q3 0.4%
FY24 Q4 1.5%
FY25 Q1 3.4%
FY25 Q2 7.8%
FY25 Q3 7.9%
FY25 Q4 10.1%
FY26 Q1 7.8%
FY26 Q2 5.6%
FY26 Q3 3.8%
FY26 Q4 1.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Kimball Electronics, Inc.: annual financial statements
Fiscal year 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 703 742 819 842 931 1,072 1,182 1,201 1,292 1,350 1,823 1,715 1,487 1,431
Gross profit 57 61 72 65 75 86 88 84 118 105 156 140 104 117
EBITDA 44 48 56 50 67 68 71 63 100 82 120 87 83 105
Operating income 27 30 36 30 43 42 42 32 66 53 88 49 46 66
Net income 22 25 26 22 34 17 32 18 57 31 56 21 17 28
Diluted EPS $0.74 $0.84 $0.89 $0.76 $1.24 $0.62 $1.21 $0.71 $2.24 $1.24 $2.22 $0.81 $0.68 $1.13
Growth (year on year)
Revenue — +5.5% +10.5% +2.8% +10.6% +15.2% +10.2% +1.6% +7.6% +4.5% +35.1% −6.0% −13.3% −3.7%
EBITDA — +8.2% +17.0% −11.4% +34.5% +2.6% +3.7% −11.4% +58.6% −17.8% +46.6% −27.3% −5.5% +26.9%
Operating income — +12.0% +21.5% −18.2% +43.9% −1.7% +0.1% −23.9% +105.3% −20.0% +66.9% −43.8% −7.6% +45.1%
Net income — +14.4% +6.5% −15.0% +53.4% −51.0% — −42.3% — −45.0% +78.6% −63.3% — —
Diluted EPS — +13.5% +6.0% −14.6% +63.2% −50.0% — −41.3% — −44.6% +79.0% −63.5% — —
Margins
Gross margin 8.1% 8.2% 8.8% 7.7% 8.1% 8.0% 7.5% 7.0% 9.1% 7.8% 8.6% 8.2% 7.0% 8.2%
EBITDA margin 6.3% 6.4% 6.8% 5.9% 7.2% 6.4% 6.0% 5.2% 7.7% 6.1% 6.6% 5.1% 5.6% 7.3%
Operating margin 3.8% 4.0% 4.4% 3.5% 4.6% 3.9% 3.6% 2.7% 5.1% 3.9% 4.8% 2.9% 3.1% 4.6%
Net margin 3.1% 3.3% 3.2% 2.6% 3.7% 1.6% 2.7% 1.5% 4.4% 2.3% 3.1% 1.2% 1.1% 2.0%
Free-cash-flow margin 3.8% 2.5% −0.6% 0.4% 1.5% 1.3% −2.7% 2.9% 7.1% −11.6% −5.7% 1.6% 10.1% 1.5%
Cash flow
Cash from operations 41 39 28 37 47 40 −7 73 130 −83 −14 73 184 72
Capital spending 14 20 33 34 33 26 25 38 38 74 89 46 33 51
Free cash flow 27 19 −5 3 14 14 −31 34 92 −157 −103 27 151 21
Stock-based pay 2 3 4 3 3 5 6 4 4 6 7 7 7 8
Free cash flow after stock pay 24 16 −8 −0 10 9 −37 30 88 −163 −110 20 144 13
Balance sheet
Cash 18 26 65 55 45 46 49 65 106 50 43 78 89 89
Total debt 0 0 0 9 10 8 126 118 66 181 281 355 165 124
Net debt (negative = net cash) −18 −26 −65 −46 −35 −38 77 53 −40 131 238 277 76 35
Diluted shares 29m 29m 29m 29m 28m 27m 26m 25m 25m 25m 25m 25m 25m 25m
Returned to shareholders
Buybacks — 0 0 13 22 10 23 9 3 9 0 3 12 12
Total returned — 0 0 13 22 10 23 9 3 9 0 3 12 12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 5 checks passed · June 30, 2026
What it owns · $1.1bn
Short-term assets $693mLonger-term assets $399m
What it owes, and who funded it · $917m
Short-term liabilities $332mShareholders' equity $585m
  • Short-term assets cover short-term liabilities $693m of assets due within a year against $332m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $89m of cash against $116m of debt.
  • Debt below 40% of shareholders' equity Debt is 20% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $72m of operating cash flow against $116m of debt.
  • Operating profit covers interest at least five times over Operating income of $66m against $9m of interest.

From Kimball Electronics, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$11.9M
Returned to shareholders
58%
of free cash flow
Buybacks, last 3 fiscal years
$26.8M
Diluted share count
−1.0%
year over year
Total shareholder yield
1.9%
dividends 0.0% + buybacks 1.9% of market value
Sales & admin spending
4.3%
of revenue

Competitors: side by side with peers

Closest by revenue in electronic manufacturing services
Growth, margins and cash generation against peers
Last 12 months unless stated KE BHE PLXS FN KTCC SANM Median
Revenue, last 12 months $1.4bn $2.9bn $4.0bn $4.6bn $387m $12.8bn $4.3bn
Revenue growth, last 12 months −3.7% 12.9% 1.8% 35.7% −17.4% 58.6% 14.7%
Revenue growth, 3-year average −7.8% 0.6% −3.0% 20.6% −13.9% 11.9% 1.2%
Revenue growth, latest quarter −2.3% 19.1% 28.1% 44.6% −7.7% 69.7% 24.8%
Gross margin 8.2% 10.4% 11.4% 12.0% 6.2% 9.0% 10.9%
Operating margin 4.6% 3.5% 5.7% 10.0% −3.8% 4.2% 4.7%
Operating margin, 3-year average 3.5% 3.6% 9.5% 9.7% −0.8% 4.4% 4.4%
Net margin 2.0% 1.9% 4.6% 10.2% −12.4% 2.4% 3.1%
Cash from operations / revenue 5.0% 5.8% 4.2% 5.5% 1.1% 7.1% 5.5%
Free-cash-flow margin 1.4% 3.8% 1.5% 0.1% −0.5% 4.7% 2.8%
Free-cash-flow margin, 3-year average 4.4% 5.2% 10.1% 6.3% 1.5% 4.1% 4.1%
Stock pay / revenue 0.6% 0.8% 1.1% 0.7% 0.1% 0.7% 0.5%
Change in share count −1.0% −0.9% −1.3% −0.0% 0.7% −0.7% −0.8%

Median of all 12 companies we cover in electronic manufacturing services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 electronic manufacturing services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -3.7% 16.5% 10 of 12
Change in growth rate Growth +2.5pp +4.0pp 8 of 12
Gross margin Profitability 8.2% 11.4% 11 of 12
Operating margin Profitability 4.6% 4.7% 7 of 12
Net margin Profitability 2.0% 3.4% 9 of 12
Free-cash-flow margin Cash generation 1.4% 3.0% 10 of 12
Stock pay as % of revenue Cash generation 0.6% 0.6% 6 of 11
Long-term debt as % of assets Balance sheet 10.6% 10.6% 5 of 9
Change in share count Balance sheet -1.0% -0.7% 5 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to June 30, 2026
Products and services
Line of business Revenue Share YoY
Automotive $657M 45.9% ▼ 7.3%
Medical $413M 28.8% ▲ 4.2%
Industrial $362M 25.3% ▼ 5.3%
Geography
Region Revenue Share YoY
Mexico $360M 25.1% ▼ 19.3%
United States $294M 20.5% ▼ 14.1%
PL $289M 20.2% ▲ 19.3%
China $237M 16.5% ▼ 8.6%
TH $159M 11.1% ▲ 19.9%
Other Foreign $94.3M 6.6% ▲ 42.7%

From Kimball Electronics, Inc.'s 10-K filed August 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$536M
Institutions reporting
172
Shares held vs prior quarter
▲ 1.9%
Positions opened / closed
21 / 17

Top buyers and sellers, Q2 2026: 87 institutions bought and 73 sold ; the biggest buyer was Citadel Advisors LLC (+174K shares) and the biggest seller Marshall Wace, LLP (−239K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $62.5M 2.4M 11.6% ▲ 3.2%
Dimensional Fund Advisors LP $42.4M 1.7M 7.9% ▲ 0.9%
American Century Companies Inc $33.4M 1.3M 6.2% ▲ 13.4%
Bank Of America Corp $30.5M 1.2M 5.7% ▼ 4.7%
Vanguard Capital Management LLC $27.3M 1.1M 5.1% ▲ 0.6%
Vanguard Portfolio Management LLC $20.8M 811K 3.9% ▲ 3.5%
Acadian Asset Management LLC $18.9M 739K 3.5% ▲ 8.1%
Geode Capital Management, LLC $17.7M 690K 3.3% ▲ 4.4%
Earnest Partners LLC $13.3M 519K 2.5% ▼ 3.2%
State Street Corp $13.3M 518K 2.5% ▲ 0.4%
Pacific Ridge Capital Partners, LLC $11.2M 439K 2.1% ▲ 36.2%
Millennium Management LLC $9.9M 388K 1.9% ▲ 30.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kimball Electronics, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 12, 2026
  • May 5, 2026
  • February 4, 2026
  • November 5, 2025
  • August 13, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Kimball Electronics, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Kimball Electronics, Inc. in brief

What does Kimball Electronics, Inc. do?
Kimball Electronics, Inc. is a US-listed company in the electronic manufacturing services industry. Its financial year ends in June.
What is Kimball Electronics, Inc.'s stock ticker?
Kimball Electronics, Inc. trades under the ticker KE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Kimball Electronics, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Kimball Electronics, Inc. reported revenue of $1.4B, 3.7% lower than a year earlier, according to its SEC filings.
What is Kimball Electronics, Inc.'s free cash flow?
Kimball Electronics, Inc.'s free-cash-flow margin is 1.4% of revenue over the trailing twelve months, ranking 10 of the 12 electronic manufacturing services companies we cover.
What is Kimball Electronics, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Kimball Electronics, Inc.'s free cash flow after stock-based pay gives ~$46 per share in the base case, and ~$34–$62 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Kimball Electronics, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Kimball Electronics, Inc. buying back stock, and does it pay a dividend?
Kimball Electronics, Inc. spent $11.9M on share repurchases over the trailing twelve months, and its diluted share count fell 1.0% over the year.
What is Kimball Electronics, Inc.'s market cap?
On June 30, 2026, Kimball Electronics, Inc.'s market capitalisation was about $634M, with a price-to-earnings ratio of 22.7 and net debt of $35.5M. Market figures come from third-party market data and may be delayed.
How much debt does Kimball Electronics, Inc. have?
Kimball Electronics, Inc.'s debt-to-equity ratio is 19.9%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Kimball Electronics, Inc.'s competitors?
In our Electronic Manufacturing Services peer group, the companies closest to Kimball Electronics, Inc. are Benchmark Electronics Inc, Plexus Corp, Fabrinet, KEY Tronic Corp and Sanmina Corp. The side-by-side comparison below sets their revenue, margins and growth against Kimball Electronics, Inc.'s.
When is Kimball Electronics, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Kimball Electronics, Inc. announces its own schedule.