| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 142.97 | 5.7% | 8.0% |
| Total Income | 142.97 | 5.7% | 8.0% |
| Expenditure | 122.03 | 8.4% | 10.0% |
| PBT | 19.72 | 14.2% | 12.2% |
| Net Profit | 13.69 | 26.1% | 26.7% |
| OPM | 14.64% | 2.15pp | 1.57pp |
| NPM | 9.57% | 4.12pp | 4.53pp |
| EPS | 0.47 | 24.2% | 24.2% |
CTS Announces Third Quarter 2025 Results: Sales Up 8% Y-o-Y
04 May 2026 · 4 May, 8:43 am
Summary
CTS Corporation announced its third quarter 2025 results, with sales reaching $143 million, an 8% increase year-over-year. Diversified end markets saw a 22% increase in sales, while the transportation end market decreased by 7%. Net income was $14 million, or 9.6% of sales, including a $4.2 million charge. The company is updating its 2025 guidance, projecting sales between $535-$545 million and adjusted diluted EPS between $2.20-$2.25.
Key Highlights
- 1
CTS Corporation's sales were $143 million in the third quarter of 2025, reflecting an 8% increase year-over-year.
- 2
Sales to diversified end markets experienced a substantial increase of 22% in the third quarter.
- 3
Net income reached $14 million, representing 9.6% of sales, which includes a $4.2 million charge related to an EPA past cost recovery claim.
- 4
Diluted EPS was $0.46, compared to $0.59 in the third quarter of 2024.
- 5
Adjusted gross margin improved to 38.9%, compared to 38.2% in the third quarter of 2024.
- 6
The company is updating its 2025 guidance with sales expected to be in the range of $535-$545 million and adjusted diluted EPS in the range of $2.20-$2.25.
- 7
Operating cash flow was $29 million, compared to $35 million in the third quarter of 2024.
Management Comments
Kieran O’Sullivan
“Our business had another quarter of strong growth with sales up 22% year over year in the diversified end markets. The CTS team executed well in a challenging environment achieving solid profitability and strong cash generation. “Diversification remains a strategic priority to drive growth and margin expansion.”
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