KeyTronic

What KeyTronic does

KeyTronic (NASDAQ: KTCC) is a publicly traded electronic manufacturing services (EMS) provider founded in 1969 and headquartered in Spokane Valley, Washington. The company operates eight manufacturing facilities across the United States (Spokane Valley, El Paso, Springdale, Oakdale, Corinth), Mexico (Juarez), Vietnam (Da Nang), and China (Shanghai), and generates revenue by providing contract manufacturing services to original equipment manufacturers (OEMs) in medical devices, aerospace and defense, industrial applications, automotive, consumer products, telecommunications, and energy management end-markets. Core offerings span printed circuit board assembly (PCBA), injection molding and tooling, metal fabricating and finishing, full product assembly, design and engineering support, logistics and repair, and supply chain management—delivered under the 'OneKeytronic' initiative that standardizes quality and processes across geographies to support nearshoring and tariff mitigation for customers. The company was originally a keyboard manufacturer, transitioned into full EMS services, and has expanded through acquisitions including Sabre Manufacturing (2013) and CDR/Ayrshire Electronics (2014). It holds 55+ years of operating history, 40.7% institutional ownership, and capacity utilization above 80% with mid-teens gross margins.

Revenue is generated through a sales-led, direct-to-OEM contract manufacturing model with multi-year programs and quote-based pricing tied to customer specifications, volume, and service scope; the customer base is concentrated, with SkyBell Technologies at 10%+ of revenue when fully ramped, a major power equipment program expected to contribute ~$80 million annually at full ramp, and material exposure to BAE Systems and an unnamed energy resilience technology provider. Strategic posture is defensive and selective: management executed a workforce reduction of 100+ employees in FY2024 (saving $5M+ annually), absorbed a Q4 FY2024 cybersecurity incident that cost ~$2.3M and ~$15M in lost revenue, refreshed the C-suite in July 2024 (Brett Larsen to CEO), and is concurrently investing in Arkansas and Vietnam capacity to capture clean-tech and energy resilience programs.

Name

KeyTronic

Legal name

Key Tronic Corporation

Website

https://keytronic.com

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

KeyTronic is a public contract manufacturer (NASDAQ: KTCC) providing electronic manufacturing services—PCBA, injection molding, metal fabrication, and full product assembly—to OEMs in medical, aerospace, defense, automotive, industrial, consumer, and energy markets across US, Mexico, Vietnam, and China facilities.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Electrical Industrial Apparatus (3620)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

Keywords

• Electronic manufacturing services
• Printed circuit board assembly
• Contract manufacturing
• Injection molding tooling
• Metal fabrication finishing

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electronic Manufacturing Services: Contract manufacturing services providing design and manufacturing services to original equipment manufacturers. Revenue from printed circuit board assembly, injection molding, metal fabrication, and full product assembly. The company reported revenue of $467.87 million (annual) and $89.6 million (Q3 FY2026).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

KeyTronic is a contract manufacturer providing electronic manufacturing services (EMS) to original equipment manufacturers (OEMs). Its core offerings include printed circuit board assembly (PCBA), injection molding and tooling, metal fabricating and finishing, and full product assembly, supported by design and engineering services (including a formal New Product Introduction process), supply chain management, and a logistics and repair center.

Product overview

Keytronic is a contract manufacturer (Electronic Manufacturing Services provider) offering a unified portfolio of manufacturing and design engineering services. The core offerings include Printed Circuit Board Assembly (PCBA), Injection Molding and Tooling, Metal Fabricating and Finishing, Full Product Assembly, and Design and Engineering Support. These capabilities are supported by Logistics and Repair Center and Supply Chain Management services. The company serves diverse markets including Consumer Products, Industrial Applications, Medical Devices, Telecommunications, Automotive, Aerospace, Military, and Energy Management, providing design and manufacturing services from facilities in the United States, Mexico, Vietnam, and China.

Differentiator

Problem solved

Functional benefit

Products and services

• Printed Circuit Board Assembly (PCBA)
• Injection Molding and Tooling
• Metal Fabricating and Finishing
• Full Product Assembly
• Design and Engineering Support
• Logistics and Repair Center
• Supply Chain Management

Quantifiable outcome

• Mid-teens gross margins maintained despite supply chain challenges
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SkyBell TechnologiescoreStrategic or Co-development Partner · 1 May 2018Keytronic manufactures SkyBell's expanding line of Wi-Fi video doorbell products and accessories. SkyBell is a global leader in patented Wi-Fi video doorbell technology with 74 patents awarded and 50 pending. Once fully ramped, SkyBell represents 10% or more of Keytronic's total revenue.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Fabrinet: Fabrinet provides advanced optical packaging, PCBA, and precision manufacturing for optical communications, automotive, and industrial laser customers. Comparable EMS peer though more concentrated in optical/communications.
• Flex Ltd: Flex is one of the world's largest EMS providers offering PCBA, assembly, design, and supply chain services across consumer, automotive, medical, and industrial markets. Directly comparable to KeyTronic in core EMS offerings though at vastly larger scale.
• Jabil Inc. Jabil provides comprehensive EMS, design engineering, and supply chain solutions across diversified end markets including automotive, healthcare, and industrial. A direct competitor to KeyTronic in mid-to-high-mix EMS, with much greater scale.
• Sanmina Corporation: Sanmina is a leading EMS provider offering integrated manufacturing solutions, PCBA, precision machining, and plastic molding across medical, aerospace/defense, industrial, and automotive. Closely mirrors KeyTronic's diversified high-mix EMS model.
• Benchmark Electronics: Benchmark Electronics provides EMS, engineering, and design services to OEMs in aerospace/defense, medical, industrial, and computing markets. Highly comparable to KeyTronic's mid-sized, high-mix, regulated-vertical EMS profile.
• Plexus Corp. Plexus is a mid-sized EMS provider focused on mid-to-low volume, high-mix production for healthcare/life sciences, industrial, and aerospace/defense. Closely aligned with KeyTronic's high-mix, low-to-medium volume EMS strategy.
• SigmaTron International: SigmaTron is a smaller EMS provider offering PCBA, subassemblies, and full product builds to consumer, industrial, and medical markets with facilities in the US, Mexico, and Asia. Closest scale-comparable peer to KeyTronic.
• Kimball Electronics: Kimball Electronics is a contract manufacturer specializing in durable, high-mix electronics for medical, automotive, industrial, and public safety markets. Strong direct comparable given similar size and end-market mix to KeyTronic.
• Celestica Inc. Celestica delivers EMS and supply chain solutions with strong exposure to aerospace/defense, industrial, and communications end markets. Overlaps with KeyTronic in high-mix, regulated end markets requiring complex PCBA and full assembly.

Emerging players

• Creation Technologies: Creation Technologies is a mid-sized private EMS provider focused on high-mix, low-to-medium volume PCBA and full product assembly for medical, industrial, aerospace/defense, and communications. Closely mirrors KeyTronic's profile in regulated, high-mix verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/keytronicglobal
• YouTubeyoutube.com/channel/UCY3rNLFGyLSa9z7-fboSkhA
• LinkedInlinkedin.com/company/keytronic
• Instagraminstagram.com/keytronicglobal
• Facebookfacebook.com/Keytronicglobal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KeyTronic