Quarterly ResultMay 6, 2026, 12:21 PM
Littelfuse Q1 Net Sales $657M, Net Income $75.1M; Debt Restructuring
AI Summary
Littelfuse reported strong first-quarter 2026 financial results with significant increases in net sales, net income, and diluted EPS compared to the prior year. The company also completed a major debt restructuring, eliminating a $300 million term loan and increasing its revolving credit facility to $800 million. This financial performance was supported by growth across all segments, particularly the Industrial segment.
Key Highlights
- Net sales increased to $657.0 million for Q1 2026, up from $554.3 million in Q1 2025.
- Net income rose to $75.1 million in Q1 2026, compared to $43.6 million in Q1 2025.
- Diluted EPS grew to $2.96 for Q1 2026, up from $1.75 in Q1 2025.
- Eliminated $300 million term loan and increased revolving credit facility to $800 million.
- Total debt decreased to $631.5 million from $802.6 million as of December 27, 2025.
- Industrial segment net sales grew to $123.8 million from $85.2 million year-over-year.
- Net cash provided by operating activities was $80.3 million, up from $65.8 million year-over-year.
- Recorded $7.4 million in restructuring charges, primarily for employee terminations.
Price Impact
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