Key Tronic Corp Reports Q1 FY2026 Earnings: EPS at $(0.21), Revenue Down 25% to $98.8 Million

Key Tronic Corp reported Q1 FY2026 earnings with EPS at $(0.21) and revenue at $98.8 million, down from $131.6 million in the same period last year. The decline was attributed to reduced demand from a longstanding customer and delays in new program launches. The company reported a sequential increase in gross margins to 8.4%, but a net loss of $(2.3) million or $(0.21) per share. Key Tronic Corp expects to see gradual improvements in operating efficiencies and a return to profitability by the end of FY2026.