Key Tronic Corporation (NASDAQ: KTCC) closed at $3.20 as of May 21, 2026, trading within a 52-week range of $2.40 to $3.70 and carrying a beta of 1.16 versus the broader market. The Spokane Valley, Washington-based electronics manufacturing services (EMS) provider employs 4,122 people and serves OEM customers across printed circuit board assembly, plastic molding, sheet metal fabrication, and full product assembly. With a market capitalization in the micro-cap tier and EMS sector pressures persisting into 2026, the data suggests advisors should treat KTCC as a cyclically exposed contract manufacturer rather than a growth technology holding.

Company Snapshot

Key Tronic Corporation, incorporated in 1969 and public since June 22, 1983, operates in the Technology sector under the Computer Hardware industry classification, though its operating model is closer to a diversified EMS provider than a branded hardware vendor. The company provides contract manufacturing services to original equipment manufacturers domestically and internationally, with capabilities spanning integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing.

The service portfolio includes product design, surface mount technologies (SMT), pin-through-hole capability for printed circuit board assembly, tool making, precision plastic molding, sheet metal fabrication and painting, liquid injection molding, complex assembly, automated tape winding, and prototype design. Key Tronic also manufactures and sells keyboards and other input devices, a legacy product line that gave the company its name. Routes to market run through field sales personnel and distributors.

Brett R. Larsen serves as Chief Executive Officer. The company maintains manufacturing operations in the United States, Mexico, China, and Vietnam, giving it a multi-region footprint that has become increasingly relevant amid customer-driven near-shoring discussions across the EMS industry, as documented in Reuters reporting on supply chain reconfiguration since 2023.

Recent Financial Performance

Key Tronic’s fiscal year ends in late June. Detailed quarterly income statement, ratio, and key metrics datasets were not included in the snapshot provided for this report, so the discussion below references the company’s publicly filed structure and prior disclosures available through SEC EDGAR filings (Forms 10-K and 10-Q) rather than projecting figures that are not in evidence.

Historically, Key Tronic’s revenue base is concentrated among a small number of large OEM customers, a structural feature disclosed in the company’s annual 10-K risk factors. Gross margins in EMS contract manufacturing typically run in the high single digits to low double digits, and Key Tronic has historically operated in that band. Operating margins are sensitive to capacity utilization, component pricing (particularly semiconductors and passive components), and labor cost trends at Mexican and Asian facilities.

The most recent investor disclosures discussed publicly through Bloomberg terminals and SEC filings indicate that the company has been working through inventory normalization following the 2022-2023 component shortage cycle, alongside ransomware-related disruption disclosed in a Form 8-K in 2024 that affected shipment timing. Free cash flow generation in EMS firms with KTCC’s revenue scale tends to be lumpy, driven by working capital swings tied to customer program ramps. Advisors evaluating the name should request the most recent 10-Q from EDGAR to confirm current revenue run-rate, accounts receivable trends, and net debt position before any allocation work.