Quarterly ResultMay 6, 2026, 07:08 AM
Littelfuse Q1 Net Sales $657M, EPS $2.96; Q2 Guidance Strong
AI Summary
Littelfuse reported strong first-quarter 2026 results, exceeding expectations with net sales of $657 million, a 19% increase year-over-year, and adjusted diluted EPS of $3.31, up 51%. All segments delivered growth and margin expansion, driven by solid market demand and strategic execution. The company also provided optimistic second-quarter guidance, projecting net sales between $690 million and $710 million and adjusted diluted EPS of $3.65 to $3.85, supported by a strong backlog and continued customer momentum.
Key Highlights
- Net sales for Q1 2026 increased 19% to $657 million, with 9% organic growth.
- GAAP diluted EPS for Q1 2026 was $2.96, up from $1.75 in Q1 2025.
- Adjusted diluted EPS for Q1 2026 was $3.31, a 51% increase year-over-year.
- Cash flow from operations was $80 million, and free cash flow was $66 million, up 55%.
- Adjusted EBITDA margin for Q1 2026 increased 280 bps to 22.9%.
- Q2 2026 net sales are projected to be $690 - $710 million, with adjusted diluted EPS of $3.65 - $3.85.
- Electronics segment net sales increased 18%, Transportation segment net sales increased 5%, and Industrial segment net sales increased 45%.
- The company declared a cash dividend of $0.75 per share, payable June 4, 2026.