Every material Form 8-K KEY TRONIC CORP has filed with the SEC since August 25, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Key Tronic reported a first-quarter fiscal 2027 net loss of $7.5 million, or $0.69 per share, compared with a net loss of $2.3 million, or $0.21 per share, a year earlier. Revenue was roughly flat, while gross margin fell to 2.5% from 8.4%, and the company said supply chain financing constraints delayed about $18 million of shipments. The company will not issue revenue or earnings guidance for the second quarter, though it reported backlog of $245.9 million, up 76%.
Revenue was $98.7 million, compared with $98.8 million a year earlier.
Gross margin was 2.5%, compared with 8.4%; adjusted gross margin was 4.2%, compared with 9.6%.
Net loss was $7.5 million, or $0.69 per share; adjusted net loss was $7.9 million, or $0.72 per diluted share.
Backlog was $245.9 million, up 76%; the company will not provide second-quarter guidance and says its financial data is preliminary pending auditor review.
Key Tronic reported fiscal fourth-quarter 2026 revenue of $102.0 million, up 14% from $89.6 million in the prior quarter but down from $110.5 million a year earlier. The net loss widened to $34.3 million, or $3.16 per share, from $3.9 million a year earlier, mainly because of a $28.4 million non-cash deferred tax valuation allowance charge. The company will not issue revenue or earnings guidance for the first quarter of fiscal 2027, and the results remain preliminary pending the auditor's completion of its procedures.
Q4 revenue was $102.0 million, up 14% from $89.6 million in the prior quarter and down from $110.5 million a year earlier.
Q4 net loss was $34.3 million ($3.16 per share), versus $3.9 million ($0.36 per share) a year earlier, including a $28.4 million non-cash tax charge.
Q4 adjusted net loss narrowed to $2.9 million ($0.26 per diluted share) from $3.8 million ($0.35) a year earlier.
No revenue or earnings guidance for Q1 fiscal 2027; the financial data is preliminary and subject to change pending the independent audit.
On August 20, 2026, Key Tronic's board set fiscal 2027 incentive plan goals and approved restricted stock unit grants and long-term incentive targets for executives and directors. The filing describes compensation arrangements only and reports no change in officer or director roles, with payouts tied to profit goals and multi-year performance measures.
Incentive plan payouts require a minimum company profit goal; CEO Brett R. Larsen's potential payout ranges from 10% to 150% of fiscal 2027 base salary.
Larsen received 67,023 RSUs, Anthony G. Voorhees received 36,192 RSUs, and Philip S. Hochberg received 33,512 RSUs, all granted August 20, 2026.
Long-term targets for fiscal 2027 to 2029 are $400,000 for Larsen, $190,000 for Voorhees and $150,000 for Hochberg, if expected performance is achieved.
Each non-employee director received 10,724 RSUs and has a $35,000 target payment for the three-year period, if expected performance is achieved.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every KEY TRONIC CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →