Expect near-term selling pressure as the EPS miss contrasts with the 91% analyst buy rating. However, affirmed guidance and sequential improvement may limit downside. Watch for Q4 results to see if revenue can return to growth and margins hold.
Price Chart
Executive Summary
Kimball Electronics reported Q3 FY2026 adjusted EPS of $0.33, missing consensus of $0.39 by 15.4%, with revenue of $352.9M down 6% YoY. The company affirmed its FY2026 guidance with adjusted operating margin expected at the high end of the range, but the earnings miss against strong bullish consensus may pressure the stock near term.
Key Financial Metrics
Key Facts
- Revenue $352.9M, down 6% YoY ($374.6M) and up 3.4% sequentially from $341.3M
- GAAP diluted EPS $0.23; adjusted diluted EPS $0.33 vs consensus $0.39 (miss)
- Adjusted operating margin 4.2%, flat YoY; gross margin improved to 7.9% from 7.2%
- Medical vertical sales up 10.2% sequentially, but auto and industrial each declined 8% YoY
- FY2026 guidance affirmed: net sales $1.40-$1.46B, adjusted op margin 4.2%-4.5% at high end
- Cash from operations $14.9M in Q3, ninth consecutive positive quarter; debt $163.0M
- Repurchased 165,000 shares for $4.0M during Q3
Financial Impact
Adjusted EPS miss of approximately $0.06 (-15.4%) vs consensus; revenue short of expectations but not quantified
Risk Factors
- Continued YoY revenue declines in automotive (-3%) and industrial (-8%) segments
- Execution risk in medical CMO ramp and margin expansion
- Tariff and supply chain headwinds affecting EMS business
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001606757-26-000012 |
| Document: ke-20260505.htm | 0001606757-26-000012 |
| Document: 0001606757-26-000012-index-headers.html | 0001606757-26-000012 |
| Document: 0001606757-26-000012-index.html | 0001606757-26-000012 |
| Document: 0001606757-26-000012.txt | 0001606757-26-000012 |
| 8-K Data (Synthetic) | 0001606757-26-000012 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | DEFA14A | $27.33 | awaiting T+60 | — | $26.55 (−2.85%) |
Sep 30, 2026 27d ago | DEF 14A | $27.33 | awaiting T+60 | — | $26.55 (−2.85%) |
Jul 1, 2026 16w ago | 8-K | $25.71 $27.48 | ▲ +6.88% | ▲ +3.93% | $26.55 (+3.27%) |
May 5, 2026 25w ago | 8-K | $25.16 $24.73 | ▲ +1.71% | ▲ +3.77% | $26.55 (−5.52%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers