Kimball Electronics, Inc. (KE) Form 10-K — Aug 19, 2026
Kimball Electronics' fiscal 2026 10-K reports net sales of $1,431.4 million, down 4% year over year, while net income surged 65% to $28.0 million and diluted EPS climbed to $1.13 from $0.68, driven by margin expansion, Tampa closure savings, and a one-time $15.0 million gain on the Tampa facility sale. The effective tax rate jumped to 47.5% from 35.2%, tempering the bottom-line improvement. The company completed its largest-ever acquisition on July 1, 2026, buying Helvoet Polymer Technologies B.V.
Key figures
- Eps
- 1.13
- Revenue
- $1,431.4 million
- Net Income
- $28.0 million
- Total Debt
- $116.6 million
- Revenue Yoy
- -4%
- Cash Position
- $88.9 million
- Shares Outstanding
- 23966995
- Employees
- approximately 5,600
- Open Orders
- $643 million (flat vs revised $642 million)
- Gross Profit
- $117.5 million (8.2% of sales vs 7.0% prior year)
- Current Ratio
- 2.1
- Debt To Equity
- 0.2
- Working Capital
- $360.9 million
- Operating Income
- $66.1 million (+45% YoY)
- Effective Tax Rate
- 47.5% vs 35.2% prior year
- Operating Cash Flow
- $72.3 million
- Share Owners Equity
- $585 million
- Capital Expenditures
- $51.7 million
- Helvoet Purchase Price
- €90.0 million (~$103.0 million)
- Restructuring Expense
- $5.0 million (vs $11.0 million prior year)
- Customer Concentration
- Nexteer Automotive 18%, Philips 11%, ZF 11% (~40% combined)
- Share Repurchases FY2026
- $11.9 million
- Gain On Tampa Facility Sale
- $15.0 million
- Non Affiliate Market Value
- $667.3 million (as of December 31, 2025)
- Remaining Buyback Authorization
- $24.4 million of $140 million plan
Price after filing
Close on the filing date to close N calendar days later (from $23.72). Historical, not a forecast.
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