Key Tronic Corp 2026年季度报告

FORM 10-Q____________________________________________________________ ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE QUARTERLY PERIOD ENDED DECEMBER27, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE PERIOD FROMTO.Commission File Number 0-11559____________________________________________________________ KEY TRONIC CORPORATION (Exact name of registrant as specified in its charter)____________________________________________________________ N. 4424 Sullivan RoadSpokane Valley, Washington 99216(Address of principal executive offices) (509) 928-8000(Registrant’s telephone number, including area code) N/A(Former name, former address, and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon Stock, no par valueKTCCNASDAQ Global Market Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements during the past 90 days.Yes☒No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) for the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. LargeacceleratedFiler☐Non-accelerated Filer☒Emerging growth company☐ Accelerated Filer☐ Smallerreportingcompany☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of February 5, 2026, 10,859,269 shares of common stock, no par value (the only class of common stock), were outstanding. KEY TRONIC CORPORATION Index PARTI.FINANCIAL INFORMATION:Item1.Financial Statements (Unaudited):4Condensed Consolidated Balance Sheets4Condensed Consolidated Statements of Operations5Condensed Consolidated Statements of Comprehensive Loss6Condensed Consolidated Statements of Cash Flows7Condensed Consolidated Statements of Shareholders’ Equity8Notes to Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures about Market Risk41Item4.Controls and Procedures41PARTII.OTHER INFORMATION:Item1.Legal Proceedings41Item1A.Risk Factors41Item2.Unregistered Sales of Equity Securities and Use of Proceeds*Item 3.Defaults upon Senior Securities*Item 4.Mine Safety Disclosures*Item 5.Other Information42Item 6.Exhibits42Signatures43 * Items are not applicable “We,” “us,” “our,” “Company,” and “Key Tronic,” unless the context otherwise requires, means Key Tronic Corporation and itssubsidiaries. KEY TRONIC CORPORATION AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(Unaudited, in thousands) KEY TRONIC CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited, in thousands, except per share amounts) See accompanying notes to consolidated financial statements. KEY TRONIC CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS(Unaudited, in thousands) Other comprehensive loss for the three months ended December 27, 2025 and December28, 2024, is reflected net of tax expense(benefit) of approximately $(0.1)million and $0.0million, respectively. Other comprehensive loss for the six months ended December27, 2025 and December28, 2024, is reflected net of tax benefit of approximately $(0.2)million and $(0.2)million, respectively. See accompanying notes to consolidated financial statements. KEY TRONIC CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOW(Unaudited, in thousands) KEY TRONIC CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.Basis of Presentation The consolidated financial statements included herein have been prepared by Key Tronic Corporation and subsidiaries (the“Company”) pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information andfootnote disclosures normally included in our annual consolida