Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the third quarter ended March 31, 2026.

Third Quarter 2026 Highlights

• Revenue of $352.9 million, a sequential increase of 3.4% compared to Q2
• Sales in the medical vertical increased 10.2% versus the prior quarter
• Operating income of $11.8 million, or 3.3% of net sales, adjusted operating margin of 4.2%
• Cash from operations of $14.9 million, the ninth consecutive quarter of positive operating cash generation
• Debt of $163.0 million and borrowing capacity of $276.0 million
• Cash Conversion Days of 90, an improvement compared to both the prior quarter and Q3 of fiscal 2025
• Invested $4.0 million to repurchase 165,000 shares of common stock
• Company affirms guidance for fiscal 2026 with adjusted operating margin expected at the high end of the range

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