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Kimball Electronics Q3 2025 Earnings Report
Kimball Electronics reported its third-quarter fiscal year 2025 results, with net sales totaling $374.6 million and operating income of $11.7 million.
Key Takeaways
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.
Net sales for Q3 FY25 totaled $374.6 million.
Operating income was $11.7 million, representing 3.1% of net sales.
Cash generated from operating activities was $30.9 million, marking the fifth consecutive quarter of positive cash flow.
Borrowings on credit facilities decreased by $26.2 million from Q2, and by $116 million (40%) in the fiscal year.
Kimball Electronics
Kimball Electronics
Kimball Electronics Revenue by Segment
Revenue by Segment
Automotive Revenue
CapyFin.comMedical Revenue
CapyFin.comIndustrial Revenue
CapyFin.com Forward Guidance
Kimball Electronics expects to achieve the high-end of its fiscal year 2025 guidance range for both net sales and adjusted operating income.
Positive Outlook
- Net sales are expected to be at the high-end of the $1.40 - $1.44 billion range.
- Adjusted operating income is expected to be at the high-end of the 3.4% - 3.6% of net sales range.
- Capital expenditures are estimated to be at the low-end of the guidance range of $40 - $50 million.
- The company is adding a new manufacturing facility in Indianapolis to support growth in the medical CMO strategy.
- Reiterating guidance for fiscal 2025 with an expectation of sales and operating income at the high-end of the range.
Challenges Ahead
- Certain statements are forward-looking and inherently subject to uncertainty.
- Actual results could vary materially from expectations due to underlying assumptions proving inaccurate or unknown risks.
- Risks include global economic conditions, geopolitical environment and conflicts.
- Availability or cost of raw materials and components, tariffs, and other trade barriers pose risks.
- Foreign exchange rate fluctuations and the ability to convert new business opportunities into customers and revenue are potential risks.
Revenue & Expenses
Visualization of income flow from segment revenue to net income