Kimball Electronics Q4 Sales Down 11.6% YoY
JASPER, IN – Kimball Electronics reported fiscal fourth-quarter 2025 net sales of $380.5 million, down 11.6% from the prior year but up 2% sequentially from the third quarter. Operating income for the quarter was $16.5 million, or 4.3% of sales, with adjusted operating income of $19.6 million, or 5.2%. The company generated $78.1 million in operating cash flow, marking its sixth consecutive quarter of positive cash generation, and reduced debt by $31.3 million from the third quarter.
For the full fiscal year, Kimball posted net sales of $1.49 billion, operating income of $45.5 million and record annual operating cash flow of $183.9 million. Inventory fell by $64.6 million year-over-year, while total debt was cut in half to its lowest level in three years.
CEO Richard D. Phillips credited disciplined execution and working capital improvements for the strong finish, highlighting portfolio alignment with demand trends and an intensified focus as a medical CMO. CFO Jana T. Croom outlined fiscal 2026 guidance of $1.35–$1.45 billion in net sales, with a priority on the new Indianapolis facility.
