Key Tronic Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Key Tronic has an operating margin of 0.1%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 1/100, suggesting thin profitability after operating expenses. This is down from 2.7% the prior year.
Key Tronic's revenue declined 22.7% year-over-year, from $605.3M to $467.9M. This contraction results in a growth score of 0/100.
Key Tronic carries a low D/E ratio of 0.84, meaning only $0.84 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.55, Key Tronic holds $2.55 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.
Key Tronic's free cash flow margin of 3.2% results in a low score of 16/100. Capital expenditures of $4.1M absorb a large share of operating cash flow.
Key Tronic scores 2.43, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Key Tronic passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Key Tronic generates $-2.28 in operating cash flow ($18.9M OCF vs -$8.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Tronic earns $0.0 in operating income for every $1 of interest expense ($562K vs $12.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Key Tronic (KTCC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Key Tronic generated $467.9M in revenue in fiscal year 2025. This represents a decrease of 22.7% from the prior year.
Key Tronic's EBITDA was $10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 60.7% from the prior year.
Key Tronic generated $14.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 170.4% from the prior year.
Key Tronic reported -$8.3M in net income in fiscal year 2025. This represents a decrease of 261.3% from the prior year.
Key Tronic earned $-0.77 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 263.8% from the prior year.
Key Tronic held $1.4M in cash against $98.9M in long-term debt as of fiscal year 2025.
Key Tronic had 11M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Key Tronic's gross margin was 7.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Key Tronic's operating margin was 0.1% in fiscal year 2025, reflecting core business profitability. This is down 2.6 percentage points from the prior year.
Key Tronic's net profit margin was -1.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.6 percentage points from the prior year.
Key Tronic invested $9.2M in research and development in fiscal year 2025. This represents a decrease of 5.9% from the prior year.
Key Tronic invested $4.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 58.1% from the prior year.
KTCC Income Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $96K-99.9% | $96.3M-2.5% | $98.8M-11.8% | $112.0M-1.7% | $113.9M-13.5% | $131.6M-7.6% | $142.4M-3.7% | $147.8M |
| Cost of Revenue | $96K-99.9% | $95.8M+5.8% | $90.5M-12.5% | $103.4M-2.6% | $106.1M-10.2% | $118.3M-12.0% | $134.3M-1.3% | $136.1M |
| Gross Profit | $560-99.9% | $560K-93.2% | $8.3M-4.1% | $8.6M+11.7% | $7.7M-42.1% | $13.3M+64.6% | $8.1M-31.3% | $11.8M |
| R&D Expenses | $2K-99.9% | $1.8M-11.3% | $2.1M-9.9% | $2.3M-0.5% | $2.3M+1.4% | $2.3M+2.5% | $2.2M+27.1% | $1.8M |
| SG&A Expenses | $9K-99.9% | $9.0M+32.8% | $6.8M0.0% | $6.8M+3.9% | $6.5M-1.0% | $6.6M+2.3% | $6.4M+6.0% | $6.1M |
| Operating Income | $10K+100.1% | -$10.3M-1656.5% | -$584K-27.2% | -$459K+59.1% | -$1.1M-125.2% | $4.4M+872.9% | -$575K-114.6% | $3.9M |
| Interest Expense | $2K-99.9% | $2.4M-14.6% | $2.8M+7.6% | $2.6M-33.9% | $3.9M+19.6% | $3.3M+16.5% | $2.8M-5.4% | $3.0M |
| Income Tax | $4K+100.1% | -$4.1M-267.3% | -$1.1M+54.6% | -$2.4M-2094.6% | -$111K-294.7% | $57K+104.9% | -$1.2M-1089.7% | -$97K |
| Net Income | $9K+100.1% | -$8.6M-280.0% | -$2.3M-273.3% | -$604K+87.7% | -$4.9M-537.2% | $1.1M+150.6% | -$2.2M-304.9% | $1.1M |
| EPS (Diluted) | $0.79+200.0% | $-0.79-276.2% | $-0.21-250.0% | $-0.06+87.0% | $-0.46-560.0% | $0.10+147.6% | $-0.21-310.0% | $0.10 |
KTCC Balance Sheet
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $325K-99.9% | $325.3M+0.2% | $324.6M-1.2% | $328.6M+0.2% | $327.8M-7.9% | $355.9M-3.8% | $370.1M-1.4% | $375.4M |
| Current Assets | $207K-99.9% | $207.5M-5.2% | $218.8M-13.4% | $252.8M-3.2% | $261.1M-9.4% | $288.3M-4.7% | $302.6M-1.8% | $308.0M |
| Cash & Equivalents | $788-99.9% | $788K-29.8% | $1.1M-54.5% | $2.5M-41.8% | $4.2M-35.3% | $6.6M+24.7% | $5.3M+78.0% | $3.0M |
| Inventory | $88K-99.9% | $88.4M-9.4% | $97.6M-1.8% | $99.3M-1.4% | $100.7M+5.1% | $95.8M-16.7% | $115.1M-7.2% | $124.1M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $219K-99.9% | $219.1M+4.4% | $209.8M+0.4% | $209.0M+0.3% | $208.3M-10.0% | $231.6M-4.8% | $243.3M-1.2% | $246.3M |
| Current Liabilities | $102K-99.9% | $102.1M+11.4% | $91.6M-1.2% | $92.8M-1.0% | $93.8M-16.4% | $112.1M+2.5% | $109.4M-7.6% | $118.4M |
| Long-Term Debt | $90K-99.9% | $90.2M-4.9% | $94.8M-12.6% | $108.5M+2.4% | $106.0M-3.3% | $109.7M-12.5% | $125.3M+6.2% | $118.0M |
| Total Equity | $106K-99.9% | $106.2M-7.5% | $114.8M-4.0% | $119.6M+0.1% | $119.5M-3.9% | $124.3M-4.4% | $130.1M-1.8% | $132.4M |
| Retained Earnings | $58K-99.9% | $57.8M-12.9% | $66.3M-8.5% | $72.5M-0.8% | $73.1M-6.3% | $78.0M-1.1% | $78.9M-2.7% | $81.1M |
KTCC Cash Flow Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14K-99.8% | $6.4M-16.1% | $7.6M+635.9% | -$1.4M-189.2% | $1.6M-84.0% | $9.9M+431.7% | -$3.0M-186.8% | $3.5M |
| Capital Expenditures | $6K-99.8% | $3.3M+3.9% | $3.2M+44.7% | $2.2M+395.3% | $444K+17.8% | $377K-52.2% | $789K-62.1% | $2.1M |
| Free Cash Flow | $7K-99.8% | $3.1M-30.5% | $4.4M+222.2% | -$3.6M-415.7% | $1.1M-88.0% | $9.6M+352.6% | -$3.8M-375.5% | $1.4M |
| Investing Cash Flow | $6K+100.2% | -$3.3M-3.9% | -$3.2M-44.7% | -$2.2M-395.3% | -$444K-17.8% | -$377K+44.0% | -$673K+67.7% | -$2.1M |
| Financing Cash Flow | $8K+100.2% | -$3.4M+27.2% | -$4.7M-354.2% | $1.8M+153.3% | -$3.5M+55.5% | -$7.8M-230.0% | $6.0M+399.3% | -$2.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KTCC Financial Ratios
| Metric | Q2'26 | Q2'25 | Q1'25 | Q3'25 | Q2'24 | Q1'24 | Q3'24 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 0.6%0.0pp | 0.6%-7.8pp | 8.4%+0.7pp | 7.7%+0.9pp | 6.8%-3.3pp | 10.1%+4.4pp | 5.7%-2.3pp | 8.0% |
| Operating Margin | 10.7%+21.3pp | -10.7%-10.1pp | -0.6%-0.2pp | -0.4%+0.6pp | -1.0%-4.4pp | 3.4%+3.8pp | -0.4%-3.1pp | 2.7% |
| Net Margin | 8.9%+17.8pp | -8.9%-6.6pp | -2.3%-1.7pp | -0.5%+3.8pp | -4.3%-5.2pp | 0.9%+2.4pp | -1.6%-2.3pp | 0.7% |
| Return on Equity | 8.1% | N/A | N/A | N/A | N/A | 0.9% | N/A | 0.8% |
| Return on Assets | 2.6%+5.3pp | -2.6%-1.9pp | -0.7%-0.5pp | -0.2%+1.3pp | -1.5%-1.8pp | 0.3%+0.9pp | -0.6%-0.9pp | 0.3% |
| Current Ratio | 2.030.0 | 2.03-0.4 | 2.39-0.3 | 2.72-0.1 | 2.78+0.2 | 2.57-0.2 | 2.77+0.2 | 2.60 |
| Debt-to-Equity | 0.850.0 | 0.85+0.0 | 0.83-0.1 | 0.91+0.0 | 0.890.0 | 0.88-0.1 | 0.96+0.1 | 0.89 |
| FCF Margin | 7.8%+4.6pp | 3.2%-1.3pp | 4.5%+7.7pp | -3.2%-4.2pp | 1.0%-6.3pp | 7.3%+9.9pp | -2.7%-3.6pp | 0.9% |
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Frequently Asked Questions
What is Key Tronic's annual revenue?
Key Tronic (KTCC) reported $467.9M in total revenue for fiscal year 2025. This represents a -22.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Key Tronic's revenue growing?
Key Tronic (KTCC) revenue declined by 22.7% year-over-year, from $605.3M to $467.9M in fiscal year 2025.
Is Key Tronic profitable?
No, Key Tronic (KTCC) reported a net income of -$8.3M in fiscal year 2025, with a net profit margin of -1.8%.
What is Key Tronic's earnings per share (EPS)?
Key Tronic (KTCC) reported diluted earnings per share of $-0.77 for fiscal year 2025. This represents a -263.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Key Tronic's EBITDA?
Key Tronic (KTCC) had EBITDA of $10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Key Tronic have?
As of fiscal year 2025, Key Tronic (KTCC) had $1.4M in cash and equivalents against $98.9M in long-term debt.
What is Key Tronic's gross margin?
Key Tronic (KTCC) had a gross margin of 7.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Key Tronic's operating margin?
Key Tronic (KTCC) had an operating margin of 0.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Key Tronic's net profit margin?
Key Tronic (KTCC) had a net profit margin of -1.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Key Tronic's free cash flow?
Key Tronic (KTCC) generated $14.8M in free cash flow during fiscal year 2025. This represents a 170.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Key Tronic's operating cash flow?
Key Tronic (KTCC) generated $18.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Key Tronic's total assets?
Key Tronic (KTCC) had $315.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Key Tronic's capital expenditures?
Key Tronic (KTCC) invested $4.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Key Tronic spend on research and development?
Key Tronic (KTCC) invested $9.2M in research and development during fiscal year 2025.
How many shares does Key Tronic have outstanding?
Key Tronic (KTCC) had 11M shares outstanding as of fiscal year 2025.
What is Key Tronic's current ratio?
Key Tronic (KTCC) had a current ratio of 2.55 as of fiscal year 2025, which is generally considered healthy.
What is Key Tronic's debt-to-equity ratio?
Key Tronic (KTCC) had a debt-to-equity ratio of 0.84 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Key Tronic's return on assets (ROA)?
Key Tronic (KTCC) had a return on assets of -2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Key Tronic's Altman Z-Score?
Key Tronic (KTCC) has an Altman Z-Score of 2.43, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Key Tronic's Piotroski F-Score?
Key Tronic (KTCC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Key Tronic's earnings high quality?
Key Tronic (KTCC) has an earnings quality ratio of -2.28x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Key Tronic cover its interest payments?
Key Tronic (KTCC) has an interest coverage ratio of 0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Key Tronic?
Key Tronic (KTCC) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.