Kimball Electronics, Inc. (KE) Financial Statements (2025 and earlier)

Company Profile

Business Address 1205 KIMBALL BLVD.
JASPER, IN 47546
State of Incorp. IN
Fiscal Year End June 30
Industry (SIC) 3672 - Printed Circuit Boards (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
Q4
3/31/2025
Q3
12/31/2024
Q2
9/30/2024
Q1
6/30/2024
Q4
3/31/2024
Q3
12/31/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments51,37753,86576,56477,96565,20839,947
Cash and cash equivalent51,37753,86576,56477,96565,20839,947
Receivables251,138235,166264,036282,336277,894309,702
Inventory, net of allowances, customer advances and progress billings296,602306,242335,272338,116396,199455,736
Inventory296,602306,242335,272338,116396,199455,736
Contract with customer, asset, after allowance for credit loss78,37881,95774,32676,32076,07381,891
Disposal group, including discontinued operation   27,58729,619 
Other undisclosed current assets29,80831,55032,49644,68243,01843,226
Total current assets:707,303708,780782,694847,006888,011930,502
Noncurrent Assets
Operating lease, right-of-use asset     1,900 
Property, plant and equipment268,351271,251275,674269,659273,823275,984
Long-term investments and receivables   (2,000)(2,000)(2,000) 
Accounts and financing receivable, after allowance for credit loss   (2,000)(2,000)(2,000) 
Intangible assets, net (including goodwill)8,7928,9079,0719,1859,38823,004
Goodwill6,1916,1916,1916,1916,19112,011
Intangible assets, net (excluding goodwill)2,6012,7162,8802,9943,19710,993
Other noncurrent assets90,10985,49881,61782,06989,60647,544
Other undisclosed noncurrent assets   2,0002,000100 
Total noncurrent assets:367,252365,656366,362360,913372,817346,532
TOTAL ASSETS:1,074,5551,074,4361,149,0561,207,9191,260,8281,277,034
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities262,381246,981262,196276,740307,795343,357
Accounts payable215,430204,690216,704213,551248,174279,909
Accrued liabilities46,95142,29145,49263,18959,62163,448
Debt28,90024,90045,91559,83784,61886,765
Disposal group, including discontinued operation    8,5949,369 
Self insurance reserve   2,200  
Other undisclosed current liabilities39,67639,34035,61627,95136,09942,717
Total current liabilities:330,957311,221343,727375,322437,881472,839
Noncurrent Liabilities
Long-term debt and lease obligation149,376179,601200,000235,000235,000235,000
Long-term debt, excluding current maturities149,376179,601200,000235,000235,000235,000
Liabilities, other than long-term debt46,10746,13857,57157,13648,88622,206
Accounts payable and accrued liabilities    3,2553,2553,255
Other liabilities46,10746,13857,57153,88145,63118,951
Total noncurrent liabilities:195,483225,739257,571292,136283,886257,206
Total liabilities:526,440536,960601,298667,458721,767730,045
Equity
Equity, attributable to parent548,115537,476547,758540,461539,061546,989
Treasury stock, value(85,013)(82,035)(79,366)(77,759)(74,724)(74,776)
Additional paid in capital321,457319,744319,175319,463317,828316,309
Accumulated other comprehensive income (loss)(15,296)(23,383)(11,769)(17,807)(13,064)(9,641)
Retained earnings326,967323,150319,718316,564309,021315,097
Total equity:548,115537,476547,758540,461539,061546,989
TOTAL LIABILITIES AND EQUITY:1,074,5551,074,4361,149,0561,207,9191,260,8281,277,034

Income Statement (P&L) ($ in thousands)

6/30/2025
Q4
3/31/2025
Q3
12/31/2024
Q2
9/30/2024
Q1
6/30/2024
Q4
3/31/2024
Q3
12/31/2023
Q2
Revenues374,607357,392374,256430,158425,036421,235
Cost of revenue
(Cost of Product and Service Sold)
(347,711)(333,965)(350,656)(393,420)(391,492)(386,802)
Gross profit:26,89623,42723,60036,73833,54434,433
Operating expenses(15,180)(15,197)(15,749)(16,654)(23,411)(17,823)
Other undisclosed operating income (loss)  1,264(476)(16,564) 
Operating income (loss):11,7168,2309,11519,608(6,431)16,610
Nonoperating income (expense)(1,626)(515)(1,094)(1,347)(170)1,287
Investment income, nonoperating100253567(429)360585
Other nonoperating income (expense)(1,726)(768)(1,661)(918)(530)702
Interest and debt expense    (5,380)(5,875)(6,137)
Income (loss) from continuing operations before equity method investments, income taxes:10,0907,7158,02112,881(12,476)11,760
Other undisclosed income (loss) from continuing operations before income taxes(2,936)(4,241)(5,137)584(277)(484)
Income (loss) from continuing operations before income taxes:7,1543,4742,88413,465(12,753)11,276
Income tax expense (benefit)(3,337)(42)270(5,922)6,677(2,986)
Net income (loss) attributable to parent:3,8173,4323,1547,543(6,076)8,290
Undistributed earnings (loss) allocated to participating securities, basic(4)(4)(3)(8) (10)
Net income (loss) available to common stockholders, diluted:3,8133,4283,1517,535(6,076)8,280

Comprehensive Income ($ in thousands)

6/30/2025
Q4
3/31/2025
Q3
12/31/2024
Q2
9/30/2024
Q1
6/30/2024
Q4
3/31/2024
Q3
12/31/2023
Q2
Net income (loss):3,8173,4323,1547,543(6,076)8,290
Other comprehensive income (loss)8,087(11,614)6,038(4,743)(3,423)8,140
Comprehensive income (loss), net of tax, attributable to parent:11,904(8,182)9,1922,800(9,499)16,430

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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