Kimball Electronics(NASDAQ) KE

Kimball Electronics, Inc. makes electronics for cars and medical tools. It helps companies build high-tech parts for their products. It also creates plastic parts for medicine delivery.

Products for Essential Industries

• Automotive Electronics: Safety-critical printed circuit board assemblies (PCBAs) for vehicle steering, braking, and safety systems; accounts for 46% of net sales in fiscal year 2026.
• Medical Solutions: Production of medical disposables and drug delivery devices through a contract development and manufacturing organization (CDMO) model; accounts for 29% of net sales in fiscal year 2026.
• Industrial Assemblies: Components for smart meters and climate control systems; accounts for 25% of net sales in fiscal year 2026.
• Integrated Solutions: Manufacturing platform providing precision molded plastics and sterilization management for healthcare customers.

New Acquisitions and Facilities

• Acquired Helvoet Polymer Technologies B.V. on July 1, 2026, to expand its medical device manufacturing capabilities.
• Executed a lease for a third manufacturing facility in Indiana during 2025 to increase its production capacity.
• Divested the GES business unit on July 31, 2024, to focus on core manufacturing solutions.
• Closed the Tampa production facility by the end of fiscal year 2025 to streamline global operations.
• Introduced the Kimball Solutions brand in 2026 to represent an expanded portfolio of nonelectronic manufacturing solutions.

Reliability Across the Globe

The company maintains eleven manufacturing facilities in countries including China, Poland, and Mexico to support global supply chains. It utilizes a standardized operating system to deliver consistent production quality across all international locations.

Fiscal Year 2026 Performance

• Net sales were $1,431.4 million in fiscal year 2026, down 4% year over year.
• Net income was $28.0 million in fiscal year 2026, up 64.6% year over year.
• Diluted earnings per share were $1.13 in fiscal year 2026, up 66% year over year.
• Cash provided by operating activities was $72.3 million in fiscal year 2026.
• Market capitalization was $622.8 million in the fourth quarter of fiscal year 2026.

Evolution Into Integrated Solutions

Kimball Electronics has transitioned from a traditional electronics manufacturer into a multifaceted provider of integrated electronic and plastic solutions. Its recent shift toward medical manufacturing and precision molding reflects a strategy to diversify its revenue beyond automotive markets.