Kimball Electronics

Global contract electronics manufacturing for OEMs

Kimball Electronics

Global contract electronics manufacturing for OEMs

Overview

Kimball Electronics is a global contract electronics manufacturer that provides end-to-end manufacturing services for durable electronics used in automotive, industrial, medical, and public-safety markets. It plants, designs, engineers, and produces products for OEMs, then offers after-market services. The company operates a network of facilities in the Netherlands, Thailand, and the United States (Tampa), enabling a broad reach and the ability to manage complex supply chains. Its Tampa site focuses on medical and industrial sectors, highlighting a specialty in precision and reliability. Unlike many competitors, Kimball Electronics combines more than six decades of experience with a global footprint and a strong emphasis on quality and sustainability, aiming to deliver reliable, high-quality electronics manufacturing at scale for diverse customers.

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About Kimball Electronics

Simplify's Rating

Why Kimball Electronics is rated

C+

Rated C on Competitive Edge

Rated B on Growth Potential

Rated C on Differentiation

Industries

Automotive & TransportationIndustrial & ManufacturingHealthcare

Company Size

N/A

Company Stage

IPO

Headquarters

Jasper, Indiana

Founded

1961

Simplify's Take

What believers are saying

Fiscal 2026 operating cash flow hit $72.3 million, the tenth straight positive quarter.
Medical sales grew over 10% in fiscal 2026, and management guides high-single-digit growth.
Helvoet adds about $60 million revenue in fiscal 2027 and expands U.S. Indianapolis capacity.

What critics are saying

Nexteer, Philips, and ZF supplied about 40% of fiscal 2026 revenue, creating concentration risk.
Automotive sales fell 3% and industrial sales fell 5% in Q4 fiscal 2026.
The failed EV rebound or a lost major program can erase growth before 2027.

What makes Kimball Electronics unique

Helvoet makes Kimball a rare EMS-CDMO hybrid in medical microfluidics, diagnostics, and drug delivery.
The 2026 rebrand to Kimball Solutions signals broader manufacturing ambitions beyond contract electronics.
Global plants in the U.S., Netherlands, Thailand, China, and India support regional supply chains.

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Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
401(k) Company Match
401(k) Retirement Plan
Profit Sharing
Remote Work Options

Stock Price

Company News

Yahoo Finance

Aug 13th, 2026

Kimball Electronics generates $42.4M cash flow, cuts debt to four-year low

Kimball Electronics reported Q4 fiscal 2026 net sales of $371.6 million, down 2% year-over-year, but showed strong operational improvements. The company generated $42.4 million in operating cash flow, marking its tenth consecutive quarter of positive cash flow. Gross margin improved to 8.9%, up 90 basis points from the prior year. Borrowings fell to $116.6 million, the lowest level in over four years, down 21% year-over-year. For full-year fiscal 2026, net sales reached $1.431 billion with adjusted operating income of $65.7 million. The medical segment grew over 10%, whilst automotive sales declined 3% to $170 million and industrial sales fell 5% to $93 million. The company projects fiscal 2027 net sales between $1.535 billion and $1.56 billion, representing 7% to 9% growth. Adjusted operating income is expected at 4.4% to 4.7% of net sales.

Associated Press

Aug 12th, 2026

Kimball Electronics posts Q4 results, guides for FY27 growth with Helvoet acquisition impact

Kimball Electronics reported fourth-quarter and full fiscal year 2026 results, with net sales totalling $1,431.4 million for the year. The company's Medical division increased over 10% after adjusting for a prior-year consigned inventory sale. Operating income reached $66.1 million, representing 4.6% of net sales. The company generated $72.3 million in cash from operations and invested $11.9 million to repurchase 447,000 shares. Debt levels reached their lowest point in over four years. For fiscal 2027, Kimball Electronics projects net sales between $1,535 million and $1,560 million, representing 7-9% growth. This includes organic sales growth of 3-5% and approximately $60 million from the recently acquired Helvoet Polymer Technologies. The Medical division is expected to comprise over one-third of total company sales.

Business Wire

Jul 1st, 2026

Kimball Electronics Acquires European-Based Medical CDMO, Helvoet Polymer Technologies B.V.

Kimball Electronics, Inc. (Nasdaq: KE) today announced the Company acquired Helvoet Polymer Technologies B.V. (“Helvoet”), a Contract Development and Manufac...

Yahoo Finance

May 15th, 2026

Kimball Electronics misses revenue estimates as automotive and industrial weakness offsets medical growth

Kimball Electronics reported first quarter 2026 revenue of $352.9 million, missing analyst estimates of $356.3 million and declining 5.8% year-on-year. The company's market capitalisation stands at $620.7 million. CEO Ric Phillips highlighted strength in the Medical segment, which delivered sequential growth and offset weakness in Automotive and Industrial markets. The company reaffirmed its full-year revenue guidance of $1.43 billion at the midpoint. During the earnings call, management addressed questions about the new Indianapolis facility, which will begin production by year-end, and confirmed mergers and acquisitions remain a priority. CFO Jana Croom described Medical segment pricing as aggressive but rational, driven by demand for robust supply chains.

Yahoo Finance

May 5th, 2026

Kimball Electronics Q1 revenue falls 5.8% to $353M, misses analyst estimates

Kimball Electronics reported first quarter CY2026 revenue of $352.9 million, missing analyst estimates of $356.3 million and representing a 5.8% year-on-year decline. The global electronics contract manufacturer's adjusted earnings per share of $0.33 met analyst expectations. The company reaffirmed its full-year revenue guidance of $1.43 billion at the midpoint, aligning with analyst estimates. Adjusted operating income of $11.76 million fell 9.9% short of the $13.05 million consensus, with operating margin at 3.3%. Over the past five years, Kimball Electronics has grown sales at 2.9% annually, though revenue has declined 10.1% annually over the last two years. Analysts project 1.8% revenue growth over the next 12 months, below the sector average.

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