ENS
EnerSys144.83
-2.82-1.91%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
5.43BP/E (TTM)
16.98Basic EPS (TTM)
8.53Dividend Yield
0.01%Recent Filings
8-K
Receivables facility upsized to $250M
EnerSys amended its receivables purchase agreement on December 15, 2025, boosting the facility limit to $250M from $150M by adding PNC and Truist as $50M purchasers each, plus a $50M uncommitted accordion. The deal runs three years to December 15, 2028. Liquidity surges. New eligibility rules tighten government receivables.
10-Q
Q2 FY2026 results
EnerSys posted Q2 FY2026 net sales of $951M, up 7.7% y/y, driven by Energy Systems (+13.8%) and Specialty (+16.3% with Bren-Tronics help), yet operating earnings dipped to $92M (-7.4% y/y) from $21M restructuring charges. Gross margin edged up to 29.1%. Diluted EPS fell to $1.80 from $2.01, consistent with 38M shares. Cash swelled to $389M; OCF hit $219M (six months), FCF $165M (derived); total debt $1.2B with $489M revolver room post Sixth Amended Facility. Bren-Tronics closed July 2024 for $206M cash, adding $51M goodwill, $91M intangibles (12 years avg). Raw material costs stay volatile.
8-K
Q2 sales up 8%, EPS jumps
EnerSys posted Q2 fiscal 2026 net sales of $951M, up 8% year-over-year, with adjusted diluted EPS of $2.56 surging 21% but GAAP EPS dipping to $1.80 amid $21M restructuring charges. Returned $78M to shareholders via buybacks and dividends; declared $0.2625 quarterly dividend payable December 26. Net leverage stays low at 1.3x EBITDA. Q3 sales eyed at $920M-$960M.
10-Q
Q1 FY2026 results
EnerSys posted Q1 FY2026 net sales of $893M, up 4.7% y/y from $853M, driven by 4% from acquisitions like Bren-Tronics, 1% price/mix gains, and 1% forex tailwinds, though organic volumes dipped 1%. Gross profit climbed 6.2% to $253M at a steady 28.4% margin, buoyed by IRA tax credits and pricing, yet offset by freight and materials pressures. Operating earnings slipped 5.3% to $86M (9.7% margin) amid $10M accelerated stock comp and $6M restructuring charges, while net earnings fell to $57M with diluted EPS at $1.46, down from $1.71 y/y—reconciled to 39.3M shares. Cash edged up to $347M with minimal $1M operating cash flow after $33M capex; free cash flow not disclosed in the 10-Q. The $206M all-cash Bren-Tronics buy closed July 2024, adding $51M goodwill and $91M intangibles amortized over 6-13 years in Specialty. Total debt stands at $1.3B including $600M Senior Notes (4.4-6.6%, due 2027-2032) and $675M under the 2026 revolver with $468M availability. Restructuring risks loom from facility closures and workforce cuts.
8-K
EnerSys Q1 earnings and capital return
EnerSys reported Q1 fiscal 2026 net sales of $893M, up 5% year-over-year, fueled by the Bren-Tronics acquisition and strength in communications and data centers, while adjusted diluted EPS rose 5% to $2.08. The board boosted the quarterly dividend 9% to $0.2625 per share, payable September 26, and authorized a $1B stock repurchase over five years, signaling confidence amid tariff pressures. EnerGize initiative targets $80M annual cost savings via workforce cuts. Repurchases hinge on market conditions.
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