Quarterly ResultJul 29, 2026, 01:16 PM
Littelfuse Q2 Net Sales $738.8M, EPS $3.49; Reports $13.1M Impairment
AI Summary
Littelfuse reported strong financial results for the second quarter of 2026, with net sales increasing to $738.8 million and diluted EPS rising to $3.49. However, the company also recorded significant impairment charges of $13.1 million related to the closure of two manufacturing sites in its Electronics segment, alongside $20.0 million in restructuring charges. The company continued to integrate its recent acquisitions of Basler Electric and Dortmund Fab, contributing to segment growth.
Key Highlights
- Q2 2026 Net Sales increased to $738.8 million from $613.4 million in Q2 2025.
- Q2 2026 Net Income rose to $89.4 million from $57.3 million in Q2 2025.
- Q2 2026 Diluted EPS was $3.49, up from $2.30 in Q2 2025.
- Reported $13.1 million in impairment charges in Q2 2026, mainly from Electronics segment site closures.
- Incurred $20.0 million in restructuring charges during Q2 2026.
- Electronics segment sales were $406.4 million in Q2 2026.
- Transportation segment sales reached $182.4 million in Q2 2026.
- Industrial segment sales were $149.9 million in Q2 2026.
- Long-term debt, less current portion, decreased to $529.7 million from $706.4 million.
- Paid $37.9 million in cash dividends during the first six months of 2026.
Price Impact
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