| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 738.78 | 12.4% | 20.4% |
| Total Income | 738.78 | 12.4% | 20.4% |
| Expenditure | 619.06 | 11.4% | 18.9% |
| PBT | 117.06 | 21.0% | 49.7% |
| Net Profit | 89.41 | 19.0% | 55.9% |
| OPM | 16.21% | 0.81pp | 1.08pp |
| NPM | 12.10% | 0.66pp | 2.75pp |
| EPS | 3.53 | 17.7% | 52.2% |
Littelfuse Reports Strong Q2 2026 Results with 20% Revenue Growth
29 Jul 2026 · 29 Jul, 4:36 pm
Summary
Littelfuse reported strong second quarter results for 2026, with net sales reaching $739 million, a 20% increase year-over-year, driven by broad-based demand and disciplined execution. The company saw significant improvements in cash flow, with free cash flow up 75% to $127 million, and reported GAAP diluted EPS of $3.49 and adjusted diluted EPS of $4.19. Management highlighted the strong performance across segments, particularly in Electronics and Industrial, and expressed confidence in continued growth, projecting third quarter net sales between $780 million and $800 million.
Key Highlights
- 1
Littelfuse reported second quarter net sales of $739 million, a 20% increase year-over-year, with organic growth contributing 14%.
- 2
Cash flow from operations was $146 million and free cash flow was $127 million, marking a 75% increase year-over-year.
- 3
GAAP diluted earnings per share reached $3.49, while adjusted diluted earnings per share was $4.19.
- 4
The company achieved a GAAP operating margin of 16.2%, an improvement of 110 basis points, and an adjusted EBITDA margin of 23.6%, up 220 basis points.
- 5
The Electronics segment saw net sales increase by 21% year-over-year, driven by strong performance in passive products and semiconductors.
- 6
The Industrial segment experienced significant growth with net sales up 52% year-over-year, boosted by the Basler acquisition and demand in data centers and industrial automation.
- 7
A cash dividend of $0.80 per share was declared, representing a 7% increase from the prior quarter.
Management Comments
Greg Henderson
We delivered strong second quarter results, with performance exceeding our expectations reflecting broad-based demand strength and disciplined execution across the portfolio. We drove growth across our segments as our teams continued to make progress on our strategic priorities while leveraging our leadership position in safe and efficient electrical energy transfer. We remain focused on scaling our high growth opportunities, partnering with our market leading customers, enhancing operational excellence, and deploying capital with discipline as we execute our long‑term strategy. Looking ahead to the third quarter, we expect approximately 26% total revenue growth versus the prior year, supported by record bookings, continued customer momentum, and contributions from the Basler acquisition. We continue to partner closely with our customers to drive the ongoing evolution to higher power and higher energy density solutions.
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