Quarterly ResultJul 28, 2026, 08:02 AM
CTS Q2 Sales $144.8M, EPS $0.66; Raises 2026 Outlook
AI Summary
CTS Corporation announced strong second-quarter 2026 results, with sales increasing 7% year-over-year to $144.8 million and diluted EPS rising to $0.66. The company's diversification strategy drove record margins and profitability, with diversified end-market sales up 15%. Following this performance, CTS raised its full-year 2026 sales guidance to $565-$585 million and adjusted diluted EPS guidance to $2.55-$2.70.
Key Highlights
- Q2 2026 sales were $144.8 million, up 7% year-over-year.
- Q2 2026 diluted EPS was $0.66, up from $0.62 in Q2 2025.
- Q2 2026 adjusted gross margin was 41.5%, up 270 bps year-over-year.
- 2026 sales guidance raised to $565-$585 million from $560-$580 million.
- 2026 adjusted diluted EPS guidance raised to $2.55-$2.70 from $2.35-$2.45.
- Sales to diversified end-markets increased 15% year-over-year, representing 59% of total revenue.
- Q2 2026 operating cash flow was $33.4 million, up $5.0 million year-over-year.
Price Impact
More from CTS
Quarterly ResultJul 28, 2:16 PM
CTS Q2 Net Sales $144.8M, Net Earnings $19.2M, Diluted EPS $0.66
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Quarterly ResultJul 28, 8:02 AM
CTS Q2 Sales $144.8M (+7%), Adj. EPS $0.74 (+17c); Raises 2026 Guidance