KE

EX-99.1

2 exhibit9918k6302026q410k.htm

KIMBALL ELECTRONICS, INC. EX-99.1

Document

Exhibit 99.1

KIMBALL ELECTRONICS REPORTS Q4 RESULTS;

COMPANY PROVIDES GUIDANCE FOR FISCAL 2027 HIGHLIGHTED BY ORGANIC SALES GROWTH AND ACCRETIVE IMPACT OF THE HELVOET ACQUISITION

JASPER, Ind., August 12, 2026 -- (BUSINESS WIRE) -- Kimball Electronics, Inc. (Nasdaq: KE) today announced financial results for the fourth quarter and full fiscal year ended June 30, 2026.

“I’m proud of our results in the fourth quarter and very good finish to fiscal 2026. Sales in Q4 were in line with expectations, adjusted operating income was better than estimates, and we generated strong cash from operations, which was used to pay down debt to its lowest level in over 4 years. Our balance sheet continued to strengthen and we are actively leveraging it to make strategic investments in growth in the medical CDMO space, such as the buildout of our new medical facility in Indianapolis and the acquisition of Helvoet Polymer Technologies.

Our guidance for fiscal 2027 is highlighted by organic sales growth and the accretive impact from Helvoet. We are expecting Medical to continue to outpace the other two verticals and represent more than one-third of total Company sales in the fiscal year, which is in line with our objective to balance the portfolio across the markets we serve. Our strategic journey continues to build, and so does my excitement for the future of this Company.”

Richard D. Phillips

Chief Executive Officer

Fourth Quarter 2026 Highlights

•Net sales of $371.6 million, a 5% sequential increase with all end-market verticals posting gains

•Operating income of $29.1 million, or 7.8% of net sales; adjusted operating income margin of 4.9% of net sales

•Cash from operations of $42.4 million, the tenth consecutive quarter of positive operating cash generation

•Debt of $116.6 million, the lowest level in over 4 years

•Cash of $88.9 million and borrowing capacity of $322.4 million

•Cash Conversion Days of 82, the best result in 17 quarters

•Invested $2.1 million to repurchase 83,000 shares of common stock

•Company provides guidance for fiscal 2027 highlighted by organic sales growth and the accretive impact of Helvoet Polymer Technologies

Net Sales by Vertical Market For Q4 Fiscal 2026

Sales in the medical vertical market increased 1% compared to the fourth quarter of fiscal 2025, while sales in the automotive and industrial vertical markets decreased 3% and 5%, respectively.

* Percentage of net sales.

**Percentage changes compared to Q4 of fiscal 2025.

FISCAL YEAR 2026 HIGHLIGHTS

•Net sales totaled $1,431.4 million, with Medical increasing over 10%, after normalizing fiscal 2025 for a consigned inventory sale

•Operating income of $66.1 million, or 4.6% of net sales, adjusted operating income margin of 4.6% of net sales

•Cash generated from operating activities of $72.3 million

•Invested $11.9 million to repurchase 447,000 shares of common stock

“As we expected, fiscal 2026 was a year of transition and I am impressed with our team’s resilience and ability to deliver results in a challenging environment. As a CFO who takes great pride in the condition of our balance sheet, we exited the fiscal year in a position of strength, with plenty of dry powder in the form of borrowing capacity and available cash to strategically invest. Our guidance for fiscal 2027 projects a return to top line growth and we will be leveraging the balance sheet to support those efforts.”

Jana T. Croom

Chief Financial Officer

FISCAL YEAR 2027 GUIDANCE

•Net sales in the range of $1,535 - $1,560 million, a 7% - 9% increase compared to fiscal 2026

◦Organic sales growth of 3% - 5%, with Medical increasing in the high single to low double-digit range

◦Helvoet sales of approximately $60 million

•Adjusted operating income of 4.4% - 4.7% of net sales

•Capital expenditures of $50 - $60 million

Conference Call / Webcast

Thursday, August 13, 2026

Live Webcast:

investors.kimballelectronics.com/events-and-presentations/events

For those unable to participate in the live webcast, the call will be archived at investors.kimballelectronics.com.

Forward-Looking Statements

Certain statements contained within this release are considered forward-looking, including our guidance, under the Private Securities Litigation Reform Act of 1995. The statements may be identified by the use of words such as “expect,” “should,” “goal,” “predict,” “will,” “future,” “optimistic,” “confident,” and “believe.” Undue reliance should not be placed on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections. These forward-looking statements are subject to risks and uncertainties including, without limitation, global

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ke-202602040001606757false00016067572026-02-042026-02-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   February 4, 2026

KIMBALL ELECTRONICS, INC.

(Exact name of registrant as specified in its charter)

Indiana001-3645435-2047713 (State or other jurisdiction of(Commission File(IRS Employer Identification No.) incorporation)Number)

1205 Kimball Boulevard, Jasper, Indiana 47546 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code   (812) 634-4000

Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each ClassTrading SymbolName of each exchange on which registered Common Stock, no par valueKEThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition On February 4, 2026, the Company issued an earnings release for the second quarter ended December 31, 2025. The earnings release is attached as Exhibit 99.1. The information in Item 2.02 of this Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Form 8-K shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, except as shall otherwise be expressly set forth by specific reference in such filing. Item 9.01 Financial Statements and Exhibits (d) Exhibits

Exhibit NumberDescription 99.1Earnings Release dated February 4, 2026

104Cover Page Interactive Data File (formatted in Inline XBRL)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KIMBALL ELECTRONICS, INC.

By:/s/ Jana T. Croom

JANA T. CROOM

Chief Financial Officer

Date: February 4, 2026

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