EnerSys

EnerSys reported strong financial results for the first quarter of fiscal 2027, with net sales increasing 5% to $936 million and diluted EPS rising 112% to $3.09. The company also announced a 10% increase in its quarterly cash dividend to $0.2875 per share, payable on October 2, 2026. EnerSys demonstrated robust cash flow generation, with cash from operating activities reaching $230.2 million, and provided an optimistic outlook for the second quarter of fiscal 2027.

EnerSys reported strong financial results for the quarter ended July 5, 2026, with basic EPS increasing 115.5% to $3.19 and net earnings attributable to stockholders rising 102.7% to $116.45 million. Net sales grew 4.8% to $935.64 million. These results were significantly boosted by a $30.87 million tariff refund recognized during the quarter. Additionally, the company announced the closure of its Tijuana, Mexico facility as part of a restructuring plan, affecting approximately 474 employees.

EnerSys has revised its planned lithium-ion cell manufacturing facility in Greenville, SC, reducing initial capacity to 1 gigawatt-hour but focusing on aerospace, defense, and specialized industrial applications. The company secured a revised grant of approximately $150 million from the U.S. Department of Energy and up to $200 million in state and local incentives, with a total net investment of approximately $500 million. EnerSys also announced it will transition away from its technology relationship with Verkor SAS for the project.

EnerSys reported record financial performance for fiscal year 2026, with net sales increasing 3.7% to $3,751.4 million and adjusted diluted earnings per share rising 4.0% to $10.56. The company generated strong operating cash flow of $548 million and returned $408 million to stockholders. EnerSys also launched its 'EnerGize' strategic framework, achieved $80 million in annualized cost savings, and advanced its new product pipeline in key growth areas like lithium solutions for forklifts and data centers, while also announcing plant closures for further cost optimization.

EnerSys announced a segment realignment, transitioning from four to three operating segments to enhance organizational focus and better serve customers. The new segments are Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions. This realignment also led to changes in executive titles for key personnel. The company provided recast unaudited historical financial information for previous quarters to reflect the new reporting structure, with guidance for Q1 fiscal year 2027 remaining unchanged.

EnerSys reported strong financial results for the fourth quarter and full-year fiscal 2026, achieving record full-year net sales of $3.75 billion, up 4%, and record adjusted diluted EPS of $10.56, also up 4%. For the fourth quarter, adjusted diluted EPS increased 7% to $3.19, surpassing company guidance, while net sales grew 1% to $988 million. The company's Board of Directors also declared a quarterly cash dividend of $0.2625 per share. EnerSys provided an outlook for the first quarter of fiscal 2027, projecting net sales between $915 million and $955 million.

EnerSys completed the acquisition of Bren-Tronics Defense LLC for $206.4 million in cash on July 26, 2024, enhancing its Specialty line of business with portable power solutions for military applications. The company also announced leadership changes, with Shawn M. O’Connell appointed President and CEO in May 2025, and Andrea J. Funk promoted to Executive Vice President & CFO in April 2022. EnerSys, a global leader in stored energy solutions, detailed its four operating segments and its commitment to sustainability, including net-neutral emission goals for Scopes 1 and 2.