In Q4 2025, Kimball Electronics posted $380.5 million in revenue and $6.6 million in net income, with an adjusted EPS of $0.34. The company generated $19.4 million in free cash flow and reduced debt by $31 million while improving gross margin sequentially.
Kimball Electronics announced its Q3 FY25 financial results, with net sales of $374.6 million and operating income of $11.7 million. The company reported positive cash flow from operating activities for the fifth consecutive quarter and reduced debt significantly. They also reiterated their fiscal 2025 guidance, expecting sales and adjusted operating income at the high end of their projected ranges, and announced a new manufacturing facility in Indianapolis to support growth in the medical CMO sector.
Kimball Electronics reported Q4 net sales of $430.2 million and operating income of $19.6 million, or 4.6% of net sales. The company focused on cost control and working capital management amidst a challenging operating environment.
Kimball Electronics reported Q3 fiscal 2024 results with net sales of $425.0 million and a net loss of $6.1 million, or $0.24 per share. Excluding certain items, adjusted net income was $8.4 million, or $0.34 per diluted share. The company is sharpening its strategic focus on EMS operations and divesting its Automation, Test & Measurement business.
Kimball Electronics reported a strong Q4 and full-year fiscal 2023, marked by record sales and operating income. Q4 net sales increased by 33% compared to Q4 fiscal 2022, and operating income reached a record high. The company provided guidance for fiscal 2024, expecting continued top-line growth and operating income.
Kimball Electronics reported an all-time quarterly high in revenue, reaching $484.7 million, a 32% increase year-over-year. Operating income was $25.2 million, or 5.2% of net sales, compared to $20.3 million, or 5.5% of net sales, in the same period last year. The company is updating its outlook for fiscal year 2023 with sales expected at the high-end and adjusted operating margin in the mid-to-low end of its guidance range.
Kimball Electronics reported record net sales of $373.5 million for Q4 2022, a 13% increase year-over-year, with operating income at 5.5% of net sales. Net income was $9.9 million, or $0.40 per diluted share.
Kimball Electronics reported an all-time quarterly high in net sales, increasing by 19% year-over-year to $368.1 million. Operating income also saw an improvement, reaching $20.3 million, or 5.5% of net sales, an 80 basis point increase compared to the same quarter last year. Diluted EPS increased by more than 30% year-over-year.
Kimball Electronics reported a strong fourth quarter and fiscal year 2021, with net sales up 15% year-over-year and adjusted EPS increasing 71% over the same period last year. The company set records for net sales, operating income as a percent of net sales, diluted EPS, and cash flow from operating activities.
Kimball Electronics reported a solid third quarter with a 6% increase in net sales year-over-year, driven by strong performance in the automotive and industrial sectors. The company's operating income exceeded its target of 4.5%, and cash flow from operations more than doubled compared to the prior year. However, the global semiconductor shortage caused a shift in backlog to fiscal year 2022.
Kimball Electronics reported a decrease in net sales by 10% compared to the fourth quarter of fiscal year 2019. The company experienced a net loss of $1.3 million, but adjusted net income (non-GAAP) was $8.5 million. The medical vertical saw a 23% increase in sales, while the automotive vertical faced a decline due to plant shutdowns.
Kimball Electronics reported a decrease in net sales by 6% year-over-year, with net sales of $294 million. Net income was $6.3 million, resulting in diluted earnings per share of $0.25. The company's cash flows from operating activities were strong at $12.0 million.