Key Tronic Corporation

Key Tronic Corp reported fourth-quarter fiscal 2026 revenue of $102 million, up 14% sequentially from $89.6 million in the prior quarter, though down from $110.5 million a year ago, while the full-year total fell to $386.7 million from $467.9 million. The company posted a net loss of $34.3 million, or $3.16 per share, versus a $3.9 million loss a year earlier, including a $28.4 million non-cash valuation allowance against deferred tax assets and an $8.4 million write-off of long-term receivables. Adjusted net loss narrowed to $2.9 million, or $0.26 per diluted share, from $3.8 million, or $0.35 per share, in the year-ago quarter. The company secured over $60 million in new program awards during the quarter, including a data center program expected to generate $40-45 million annually, and Vietnam revenue more than doubled sequentially. Approximately $10 million of shipments were delayed due to supply chain financing constraints, and the company expects about $4 million in savings in fiscal 2027 from winding down China operations.