Key Tronic Q3 FY26 net loss widens to $2.6 million; net sales drop 20% to $89.6 million

Key Tronic Corporation

Key Tronic Corporation

KTCC

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  • Key Tronic posted a fiscal third-quarter net loss of USD 2.63 million, widening from USD 604,000 a year earlier, while net sales fell 20% to USD 89.57 million.
  • Gross margin edged up 0.3 percentage point to 8%, while operating loss narrowed to USD 238,000 from USD 459,000.
  • Order backlog rose to about USD 159.5 million as of March 28, 2026, while borrowings under its asset-based revolving credit facility totaled USD 66.3 million with USD 20.2 million available.
  • Management said it expects revenue growth in fiscal fourth quarter 2026 on increased demand from legacy customers and new program launches, including an ongoing ramp tied to a large data processing OEM at its Corinth, Mississippi facility.


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