**Key Tronic Corporation Reports Q2 Fiscal 2026 Results Amid Revenue Decline**
Key Tronic Corporation (KTCC) announced a 15% decrease in revenues for the second quarter of fiscal 2026, totaling $96.3 million, down from $113.9 million in the previous year. This period ended on December 27, 2025, as the company faced reduced demand from a long-time client and delays related to program launches. For the first half of fiscal 2026, revenues reached $195.1 million, a drop from $245.4 million year-over-year.
The company reported a net loss of $8.6 million, or 79 cents per share, compared to a loss of $4.9 million, or 46 cents per share, in the prior year. Adjusting for restructuring charges, Key Tronic achieved breakeven on an adjusted basis, improving from a loss of 38 cents per share last year. Significant restructuring efforts include winding down its manufacturing operations in China and focusing on facilities in the U.S. and Vietnam, aimed at enhancing long-term growth and competitiveness.
Shares of Key Tronic have seen a 2% increase since the earnings report, while the S&P 500 has declined by 3.8% during the same period. Management has provided no specific revenue or earnings guidance for the third quarter due to ongoing economic uncertainties.
