Earnings Releases·Nov 4, 2026, 4:37 PM ET

Kimball Electronics — Q1 Fiscal 2027 Earnings Summary

Net sales rose 7% year-over-year to $390.8 million, driven by a 14% increase in the Medical vertical and contributions from the Helvoet acquisition, though diluted EPS declined to $0.11 from $0.40 in the prior year.
Operating income decreased to $12.4 million (3.2% margin) from $14.5 million (4.0% margin) due to higher selling and administrative expenses, while cash conversion days remained at a multiyear low of 82.
Fiscal 2027 guidance was reiterated with net sales projected between $1,535 million and $1,560 million and adjusted operating income expected at 4.4% to 4.7% of sales.
Future growth is targeted at the Medical vertical and operational synergies from the Helvoet acquisition, supported by a backlog of open orders totaling $690 million.
The company invested $3.1 million in share repurchases and reported significant increases in goodwill ($6.2M to $50.5M) and other intangible assets ($1.9M to $25.5M) reflecting the Helvoet transaction.