EnerSys Earnings Recaps
Q4 2026
May 22, 2026
EnerSys shares responded positively with an 8.2% gain, driven by better-than-expected earnings performance supported by pricing strength, operational discipline, and accelerating stock buybacks.
Key takeaways
- Reported highest quarterly adjusted EPS and second highest quarterly revenue despite softness in electric forklift and transportation markets.
- Delivered record full-year sales, adjusted gross profit, operating earnings, and adjusted diluted EPS before 45x tax benefits.
- Achieved strong free cash flow aided by OpEx control and working capital improvements from enhanced supply chain collaboration.
- Advanced strategic initiatives including plant closures and production shifts expected to yield $39 million in combined savings and tax benefits by fiscal 2027-2028.
- Progressed go-to-market strategy with new lithium battery solutions targeting growth opportunities in aerospace, defense, and data center customers.
Q3 2026
Feb 6, 2026
EnerSys reported a robust Q3 Fiscal '26 with a 50% year-over-year increase in adjusted diluted EPS, reflecting effective cost management and strong pricing strategies, despite slight softness in volumes.
Key takeaways
- Adjusted diluted EPS ex 45X reached $1.84, a record for the third fiscal quarter.
- Adjusted operating earnings rose 34%, driven by favorable product mix and pricing discipline.
- Free cash flow was strong, with $94 million returned to shareholders via stock buybacks and dividends.
- Specialty segment showcased significant improvements with high single-digit sales growth and double-digit AOE margins.
- The company continues to see positive demand trends across most markets, despite ongoing challenges in Motive Power & Transportation.