Form 8-K
8-K — LITTELFUSE INC /DE
Accession: 0001628280-26-050382
Filed: 2026-07-29
Period: 2026-07-29
CIK: 0000889331
SIC: 3613 (SWITCHGEAR & SWITCHBOARD APPARATUS)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — lfus-20260729.htm (Primary)
EX-99.1 (q22026earningsreleaseex991.htm)
EX-99.2 (q22026slide4.htm)
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8-K
8-K (Primary)
Filename: lfus-20260729.htm · Sequence: 1
lfus-20260729
0000889331falseLITTELFUSE INC /DE00008893312026-07-292026-07-29
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20579
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: July 29, 2026
(Date of earliest event reported)
LITTELFUSE, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20388 36-3795742
(State of other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
Identification No.)
6133 North River Road, Suite 500, Rosemont, IL 60018
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (773) 628-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Trading Symbol Name of exchange on which registered
Common Stock, par value $0.01 per share LFUS NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
The information contained within Item 2.02 of this Form 8-K and the Exhibits attached hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
On July 29, 2026, Littelfuse, Inc. (the “Company”) issued a press release announcing the results of its operations for the quarter ended June 27, 2026. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and incorporated by reference to this Item 2.02 as if fully set forth herein. A copy of the press release will also be available on the Company’s website.
Item 7.01 Regulation FD Disclosure
To supplement the information in the attached press release, the Company has also prepared a presentation, which will be available on the Company’s website at https://investor.littelfuse.com/events-and-presentations and is attached hereto as Exhibit 99.2 to this Current Report on Form 8-K.
The information contained in the press release and investor presentation attached to this Form 8-K includes forward-looking statements that are intended to be covered by the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to comments with respect to the objectives and strategies, financial condition, results of operations and business of the Company. These forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the risk that predictions and other forward-looking statements will not be achieved. The Company cautions you not to place undue reliance on these forward-looking statements as a number of important factors could cause actual future results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements.
A copy of the press release is also posted on the Company's website.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are furnished with this Form 8-K:
99.1 Press Release dated July 29, 2026
99.2 Littelfuse Presentation dated July 29, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Littelfuse, Inc.
Date: July 29, 2026
By: /s/ Abhishek Khandelwal
Abhishek Khandelwal
Executive Vice President and Chief Financial Officer
EX-99.1
EX-99.1
Filename: q22026earningsreleaseex991.htm · Sequence: 2
Document
Exhibit 99.1
FOR IMMEDIATE RELEASE
David Kelley
224-727-2535
dkelley@littelfuse.com
Littelfuse Reports Second Quarter Results for 2026
Second Quarter Highlights:
(Year-over-year comparisons unless otherwise noted)
•Net sales of $739 million, +20%; organic growth contributed +14%
•Cash flow from operations of $146 million; free cash flow of $127 million, +75%
•YTD Cash flow from operations of $226 million; free cash flow of $193 million, +68%
•GAAP diluted earnings per share of $3.49; Adjusted diluted earnings per share of $4.19
•GAAP operating margin of 16.2%, +110 bps; Adjusted EBITDA margin of 23.6%, +220 bps
•Cash dividend of $0.80 per share, annualized to $3.20 per share, +7%
CHICAGO, July 29, 2026 - Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today reported financial results for its second quarter ended June 27, 2026:
“We delivered strong second quarter results, with performance exceeding our expectations reflecting broad-based demand strength and disciplined execution across the portfolio,” said Greg Henderson, Littelfuse President and Chief Executive Officer. “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.”
Third Quarter of 2026*
Based on current market conditions, for the third quarter the company expects,
•Net sales in the range of $780 - $800 million, adjusted diluted EPS in the range of $4.85 – $5.05 and an adjusted effective tax rate of approximately 23% - 24%
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*Littelfuse provides guidance on a non-GAAP (adjusted) basis. GAAP items excluded from guidance may include the after-tax impact of items including acquisition and integration costs, restructuring, impairment and other charges, certain purchase accounting adjustments, non-operating foreign exchange adjustments and significant and unusual items. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts.
Second Quarter 2026 Segment Performance Highlights
Electronics Segment
•Net sales for the second quarter 2026 increased +21%. Organic sales increased +20% driven by improved passive products (+26% organic) sales. Semiconductor product (+15% organic) sales also contributed to growth driven by increased protection and power semiconductor volumes. Favorable FX contributed +1% to growth.
•Adjusted EBITDA margin for the second quarter 2026 increased to 26.3% (+470 bps) due to volume leverage, favorable mix, and operational execution in both passive products and semiconductor products.
Transportation Segment
•Net sales for the second quarter 2026 increased +2% as organic sales increased +1% while favorable FX contributed +1% to growth. Organic sales growth benefited from improved commercial vehicle sales (+4% organic), which offset lower passenger vehicle organic sales (-2%). Commercial vehicle sales growth benefited from improved truck, construction and agricultural equipment demand. Passenger vehicle sales were impacted by lower global passenger car builds and auto sensor product declines.
•Adjusted EBITDA margin for the second quarter 2026 decreased to 18.6% (-190 bps) driven by lower commercial vehicle profitability which more than offset passenger vehicle margin expansion.
Industrial Segment
•Net sales for the second quarter 2026 increased +52%. Organic sales increased +16% driven by improved data center, HVAC, industrial automation, and construction demand. The Basler acquisition contributed +36% to growth.
•Adjusted EBITDA margin for the second quarter 2026 increased to 22.6% (+50 bps) driven by favorable volume leverage and mix.
Dividend
•The company will pay a cash dividend of $0.80 per share on its common stock, a 7% increase from the prior quarter dividend of $0.75 per share. The dividend will be paid on September 3, 2026, to shareholders of record as of August 20, 2026.
Conference Call and Webcast Information
Littelfuse will host a conference call on Wednesday, July 29, 2026, at 8:00 a.m. Central Time to discuss the results. The call will be broadcast and available for replay at Littelfuse.com. A slide presentation is available in the Investor Relations section of the company’s website at Littelfuse.com.
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About Littelfuse
Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 18,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation and electronics end markets – everywhere, every day. Learn more at Littelfuse.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
The statements in this press release that are not historical facts are intended to constitute "forward-looking statements" entitled to the safe-harbor provisions of the Private Securities Litigation Reform Act. Such statements are based on Littelfuse, Inc.’s (“Littelfuse” or the “Company”) current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, risks and uncertainties relating to general economic conditions; product demand and market acceptance; economic conditions; the impact of competitive products and pricing; product quality problems or product recalls; capacity and supply difficulties or constraints; coal mining exposures reserves; cybersecurity matters; failure of an indemnification for environmental liability; changes in import and export duty and tariff rates; exchange rate fluctuations; commodity price fluctuations; the effect of the Company's accounting policies; labor disputes and shortages; restructuring costs in excess of expectations; pension plan asset returns less than assumed; uncertainties related to political or regulatory changes; integration of acquisitions may not be achieved in a timely manner, or at all; limited realization of the expected benefits from investment and strategic plans; the risk that expected benefits, synergies and growth prospects of the transaction with Basler may not be achieved in a timely manner, or at all; and other risks which may be detailed in the company's Securities and Exchange Commission filings. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated or implied in the forward-looking statements. This release should be read in conjunction with information provided in the financial statements appearing in the company's Annual Report on Form 10-K for the year ended December 27, 2025.
Further discussion of the risk factors of the company can be found under the caption "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 27, 2025, and in other filings and submissions with the SEC, each of which are available free of charge on the company’s investor relations website at investor.littelfuse.com and on the SEC’s website at www.sec.gov. These forward-looking statements are made as of the date hereof. The company does not undertake any obligation to update, amend or clarify these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the availability of new information.
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Non-GAAP Financial Measures
The information included in this press release and other materials filed with the SEC may include non-GAAP financial measures including organic net sales (decline) growth, adjusted operating income, adjusted operating margin, adjusted EBITDA, adjusted EBITDA margin, adjusted diluted earnings per share, adjusted income taxes, adjusted effective tax rate, free cash flow, net debt, consolidated EBITDA, and consolidated net leverage ratio (as defined in the credit agreement). Many of these non-GAAP financial measures exclude the effect of certain expenses and income not related directly to the underlying performance of our fundamental business operations. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is set forth in the attached schedules. The company believes that organic net sales (decline) growth, adjusted operating income, adjusted operating margin, adjusted EBITDA, adjusted EBITDA margin, adjusted diluted earnings per share, adjusted income taxes, and adjusted effective tax rate provide useful information to investors regarding its operational performance because they enhance an investor’s overall understanding of the company’s core financial performance and facilitate comparisons to historical results of operations, by excluding items that are not related directly to the underlying performance of its fundamental business operations or were not part of the company’s business operations during a comparable period. The company believes that free cash flow is a useful measure of its ability to generate cash. The company believes that net debt, consolidated EBITDA, and consolidated net leverage ratio are useful measures of its credit position. The company believes that all of these non-GAAP financial measures are commonly used by financial analysts and others in the industries in which we operate, and thus further provide useful information to investors. Management additionally uses these measures when assessing the performance of the business and for business planning purposes. Note that the company’s definitions of these non-GAAP financial measures may differ from those terms as defined or used by other companies.
LFUS-F
###
Littelfuse Inc.
6133 North River Road, Suite 500
Rosemont, Illinois 60018
p: (773) 628-1000
www.littelfuse.com
Page 5
LITTELFUSE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(in thousands, except share and per share data) June 27,
2026 December 27,
2025
ASSETS
Current assets:
Cash and cash equivalents $ 628,224 $ 563,391
Short-term investments 367 287
Trade receivables, less allowances of $86,865 and $77,073 at June 27, 2026 and December 27, 2025, respectively
423,590 363,215
Inventories 433,755 416,472
Prepaid income taxes and income taxes receivable 4,044 6,137
Prepaid expenses and other current assets 93,629 85,832
Total current assets 1,583,609 1,435,334
Net property, plant, and equipment 513,160 540,640
Intangible assets, net of amortization 553,511 594,907
Goodwill 1,203,861 1,211,411
Investments 11,923 20,010
Deferred income taxes 4,977 5,255
Right of use lease assets 81,729 86,263
Other long-term assets 59,709 62,976
Total assets $ 4,012,479 $ 3,956,796
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 248,972 $ 211,079
Accrued liabilities 191,873 199,271
Accrued income taxes 32,667 26,186
Current portion of long-term debt 100,000 96,233
Total current liabilities 573,512 532,769
Long-term debt, less current portion 529,660 706,394
Deferred income taxes 110,081 102,335
Accrued post-retirement benefits 40,062 38,733
Non-current lease liabilities 68,146 71,765
Other long-term liabilities 72,658 78,766
Total equity 2,618,360 2,426,034
Total liabilities and equity $ 4,012,479 $ 3,956,796
Page 6
LITTELFUSE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended Six Months Ended
(in thousands, except per share data) June 27,
2026 June 28,
2025 June 27,
2026 June 28,
2025
Net sales $ 738,781 $ 613,413 $ 1,395,750 $ 1,167,720
Cost of sales 432,717 381,359 835,537 728,410
Gross profit 306,064 232,054 560,213 439,310
Selling, general, and administrative expenses 120,578 95,517 219,903 183,225
Research and development expenses 31,037 26,401 60,774 52,449
Amortization of intangibles 14,704 14,852 31,204 29,183
Restructuring, impairment, and other charges 20,021 2,506 27,443 11,525
Total operating expenses 186,340 139,276 339,324 276,382
Operating income 119,724 92,778 220,889 162,928
Interest expense 5,739 8,568 12,716 17,443
Foreign exchange (gain) loss (160) 10,448 (2,573) 15,291
Other income, net (2,919) (4,452) (3,049) (7,967)
Income before income taxes 117,064 78,214 213,795 138,161
Income taxes 27,659 20,872 49,243 37,248
Net income $ 89,405 $ 57,342 $ 164,552 $ 100,913
Earnings per share:
Basic $ 3.53 $ 2.32 $ 6.53 $ 4.08
Diluted $ 3.49 $ 2.30 $ 6.44 $ 4.05
Weighted-average shares and equivalent shares outstanding:
Basic 25,305 24,755 25,190 24,760
Diluted 25,620 24,905 25,534 24,938
Comprehensive income $ 83,699 $ 155,255 $ 139,672 $ 236,423
Page 7
LITTELFUSE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
Six Months Ended
(in thousands) June 27, 2026 June 28, 2025
OPERATING ACTIVITIES
Net income $ 164,552 $ 100,913
Adjustments to reconcile net income to net cash provided by operating activities: 105,753 86,758
Changes in operating assets and liabilities:
Trade receivables (65,720) (52,635)
Inventories (21,254) 23,316
Accounts payable 39,159 (7,001)
Accrued liabilities and income taxes 2,147 (14,425)
Prepaid expenses and other assets 1,837 11,299
Net cash provided by operating activities 226,474 148,225
INVESTING ACTIVITIES
Acquisitions of businesses, net of cash acquired (2,818) (57,417)
Purchases of property, plant, and equipment (33,021) (32,999)
Net proceeds from sale of property, plant and equipment, and other 9,115 712
Net cash used in investing activities (26,724) (89,704)
FINANCING ACTIVITIES
Net payments of credit facility (166,250) (57,500)
Repurchases of common stock — (27,553)
Cash dividends paid (37,872) (34,677)
All other cash provided by financing activities 72,179 (813)
Net cash used in financing activities (131,943) (120,543)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3,035) 22,468
Increase (decrease) in cash, cash equivalents, and restricted cash 64,772 (39,554)
Cash, cash equivalents, and restricted cash at beginning of period 565,104 726,437
Cash, cash equivalents, and restricted cash at end of period $ 629,876 $ 686,883
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LITTELFUSE, INC.
NET SALES AND OPERATING INCOME BY SEGMENT
(Unaudited)
Second Quarter Year-to-Date
(in thousands) 2026 2025 %
Growth/Decline 2026 2025 %
Growth
Net sales
Electronics $ 406,420 $ 335,666 21.1 % $ 769,195 $ 642,915 19.6 %
Transportation 182,411 179,400 1.7 % 352,792 341,262 3.4 %
Industrial 149,950 98,347 52.5 % 273,763 183,543 49.2 %
Total net sales $ 738,781 $ 613,413 20.4 % $ 1,395,750 $ 1,167,720 19.5 %
Operating income
Electronics $ 86,916 $ 49,861 74.3 % $ 157,195 $ 96,627 62.7 %
Transportation 25,691 28,074 (8.5) % 49,794 46,991 6.0 %
Industrial 27,474 18,863 45.7 % 48,235 31,937 51.0 %
Other (a) (20,357) (4,020) N.M. (34,335) (12,627) N.M.
Total operating income $ 119,724 $ 92,778 29.0 % $ 220,889 $ 162,928 35.6 %
Operating Margin 16.2 % 15.1 % 15.8 % 14.0 %
Interest expense 5,739 8,568 12,716 17,443
Foreign exchange (gain) loss (160) 10,448 (2,573) 15,291
Other income, net (2,919) (4,452) (3,049) (7,967)
Income before income taxes $ 117,064 $ 78,214 49.7 % $ 213,795 $ 138,161 54.7 %
(a) "Other" typically includes non-GAAP adjustments such as acquisition-related and integration costs, purchase accounting inventory adjustments, and restructuring and impairment charges. See Supplemental Financial Information for details.
N.M. - Not meaningful
Second Quarter Year-to-Date
(in thousands) 2026 2025 %
Growth/Decline 2026 2025 %
Growth
Operating Margin
Electronics 21.4 % 14.9 % 6.5 % 20.4 % 15.0 % 5.4 %
Transportation 14.1 % 15.6 % (1.5) % 14.1 % 13.8 % 0.3 %
Industrial 18.3 % 19.2 % (0.9) % 17.6 % 17.4 % 0.2 %
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LITTELFUSE, INC.
SUPPLEMENTAL FINANCIAL INFORMATION
(In millions of USD except per share amounts - unaudited)
Non-GAAP EPS reconciliation
Q2-26 Q2-25 YTD-26 YTD-25
GAAP diluted EPS $ 3.49 $ 2.30 $ 6.44 $ 4.05
EPS impact of Non-GAAP adjustments (below) 0.70 0.55 1.06 0.99
Adjusted diluted EPS $ 4.19 $ 2.85 $ 7.50 $ 5.04
Non-GAAP adjustments - expense / (income)
Q2-26 Q2-25 YTD-26 YTD-25
Acquisition-related and integration costs (a) $ 0.4 $ 1.5 $ 1.5 $ 1.6
Purchase accounting inventory adjustments (b) — — 5.4 (0.5)
Restructuring, impairment and other charges (c) 20.0 2.5 27.4 11.5
Non-GAAP adjustments to operating income 20.4 4.0 34.3 12.6
Other income, net (d) — — 2.7 —
Non-operating foreign exchange (gain) loss (0.2) 10.4 (2.6) 15.3
Non-GAAP adjustments to income before income taxes 20.2 14.4 34.5 27.9
Income taxes (e) 2.4 0.8 7.6 3.2
Non-GAAP adjustments to net income $ 17.8 $ 13.6 $ 26.9 $ 24.7
Total EPS impact $ 0.70 $ 0.55 $ 1.06 $ 0.99
Adjusted operating margin / Adjusted EBITDA reconciliation
Q2-26 Q2-25 YTD-26 YTD-25
Net income $ 89.4 $ 57.3 $ 164.6 $ 100.9
Add:
Income taxes 27.7 20.9 49.2 37.2
Interest expense 5.7 8.6 12.7 17.4
Foreign exchange (gain) loss (0.2) 10.4 (2.6) 15.3
Other income, net (2.9) (4.5) (3.0) (8.0)
GAAP operating income $ 119.7 $ 92.8 $ 220.9 $ 162.9
Non-GAAP adjustments to operating income 20.4 4.0 34.3 12.6
Adjusted operating income $ 140.1 $ 96.8 $ 255.2 $ 175.5
Amortization of intangibles 14.7 14.9 31.2 29.2
Depreciation expense 19.9 19.4 38.8 37.8
Adjusted EBITDA $ 174.7 $ 131.1 $ 325.2 $ 242.5
Net sales $ 738.8 $ 613.4 $ 1,395.8 $ 1,167.7
Net income as a percentage of net sales 12.1 % 9.3 % 11.8 % 8.6 %
Operating margin 16.2 % 15.1 % 15.8 % 14.0 %
Adjusted operating margin 19.0 % 15.8 % 18.3 % 15.0 %
Adjusted EBITDA margin 23.6 % 21.4 % 23.3 % 20.8 %
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Adjusted EBITDA by Segment Q2-26 Q2-25
Electronics Transportation Industrial Electronics Transportation Industrial
GAAP operating income $ 86.9 $ 25.7 $ 27.5 $ 49.9 $ 28.1 $ 18.8
Add:
Add back amortization 7.6 2.8 4.3 10.1 3.4 1.4
Add back depreciation 12.2 5.5 2.2 12.6 5.3 1.5
Adjusted EBITDA $ 106.7 $ 34.0 $ 34.0 $ 72.6 $ 36.8 $ 21.7
Adjusted EBITDA Margin 26.3 % 18.6 % 22.6 % 21.6 % 20.5 % 22.1 %
Adjusted EBITDA by Segment YTD-26 YTD-25
Electronics Transportation Industrial Electronics Transportation Industrial
GAAP operating income $ 157.2 $ 49.8 $ 48.2 $ 96.6 $ 47.0 $ 31.9
Add:
Add back amortization 16.6 6.1 8.5 19.9 6.8 2.5
Add back depreciation 24.0 10.5 4.3 24.0 10.8 3.0
Adjusted EBITDA $ 197.8 $ 66.4 $ 61.0 $ 140.5 $ 64.6 $ 37.4
Adjusted EBITDA Margin 25.7 % 18.8 % 22.3 % 21.8 % 18.9 % 20.4 %
Net sales reconciliation Q2-26 vs. Q2-25
Electronics Transportation Industrial Total
Net sales growth 21 % 2 % 52 % 20 %
Less:
Acquisitions — % — % 36 % 6 %
FX impact 1 % 1 % — % 1 %
Organic net sales growth 20 % 1 % 16 % 14 %
Electronics segment net sales reconciliation Q2-26 vs. Q2-25
Electronics - Passive Products and Sensors Electronics - Semiconductor Total Electronics
Net sales growth 26 % 16 % 21 %
Less:
FX impact 1 % 1 % 1 %
Organic net sales growth 26 % 15 % 20 %
Transportation segment net sales reconciliation Q2-26 vs. Q2-25
Commercial Vehicle Products Passenger Car Products (1) Auto Sensor Products (1) Total Transportation
Net sales growth (decline) 5 % 1 % (10) % 2 %
Less:
FX impact 1 % 1 % 2 % 1 %
Organic net sales growth (decline) 4 % — % (12) % 1 %
(1) Passenger vehicle business (PVB) includes passenger car and auto sensor products.
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Net sales reconciliation YTD-26 vs. YTD-25
Electronics Transportation Industrial Total
Net sales growth 20 % 3 % 49 % 20 %
Less:
Acquisitions — % — % 38 % 6 %
FX impact 2 % 2 % — % 2 %
Organic net sales growth 18 % 1 % 11 % 12 %
Electronics segment net sales reconciliation YTD-26 vs. YTD-25
Electronics - Passive Products and Sensors Electronics - Semiconductor Total Electronics
Net sales growth 26 % 13 % 20 %
Less:
FX impact 2 % 2 % 2 %
Organic net sales growth 24 % 11 % 18 %
Transportation segment net sales reconciliation YTD-26 vs. YTD-25
Commercial Vehicle Products Passenger Car Products (1) Auto Sensor Products (1) Total Transportation
Net sales growth (decline) 3 % 5 % (5) % 3 %
Less:
FX impact 2 % 2 % 5 % 2 %
Organic net sales growth (decline) 2 % 3 % (10) % 1 %
(1) Passenger vehicle business (PVB) includes passenger car and auto sensor products.
Income tax reconciliation
Q2-26 Q2-25 YTD-26 YTD-25
Income taxes $ 27.7 $ 20.9 $ 49.2 $ 37.2
Effective rate 23.6 % 26.7 % 23.0 % 27.0 %
Non-GAAP adjustments - income taxes 2.4 0.8 7.6 3.2
Adjusted income taxes $ 30.1 $ 21.7 $ 56.9 $ 40.4
Adjusted effective rate 21.9 % 23.4 % 22.9 % 24.4 %
Free cash flow reconciliation
Q2-26 Q2-25 YTD-26 YTD-25
Net cash provided by operating activities $ 146.2 $ 82.5 $ 226.5 $ 148.2
Less: Purchases of property, plant, and equipment (18.9) (9.9) (33.0) (33.0)
Free cash flow $ 127.3 $ 72.6 $ 193.5 $ 115.2
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Consolidated Total Debt
As of June 27, 2026
Consolidated total debt $ 629.7
Unamortized debt issuance costs 3.3
Finance lease liability 0.1
Consolidated funded indebtedness 633.1
Cash held in U.S. (up to $400 million) 139.3
Net debt $ 493.8
Consolidated EBITDA
Twelve Months Ended June 27, 2026
Net Loss $ (8.2)
Interest expense 29.6
Income taxes 87.3
Depreciation expense 75.9
Amortization expense 61.8
Non-cash additions:
Stock-based compensation expense 28.8
Purchase accounting inventory step-up charge 6.4
Unrealized loss on investments 1.7
Impairment charges 315.1
Other 25.5
Consolidated EBITDA (1) $ 623.9
Consolidated Net Leverage Ratio (as defined in the Credit Agreement) * 0.8x
* Our Credit Agreement and Private Placement Note with maturities ranging from 2027 to 2031, contain financial ratio covenants providing that if, as of the last day of each fiscal quarter, the Consolidated Net Leverage ratio at such time for the then most recently concluded period of four consecutive fiscal quarters of the Company exceeds 3.50:1.00, an Event of Default (as defined in the Credit Agreement and Private Placement Senior Notes) is triggered.
The Credit Agreement was amended in Q1 2026 and now allows to add restructuring charges and business optimization expenses in addition to the prior credit agreement.
(1) Represents Consolidated EBITDA as defined in our Credit Agreement and Private Placement Senior Notes and is calculated using the most recently concluded period of four consecutive quarters.
Note: Total will not always foot due to rounding.
(a) Reflected in selling, general and administrative expenses ("SG&A").
(b) Reflected in cost of sales.
(c) Reflected in restructuring, impairment and other charges.
(d) 2026 included the reversal of an indemnification receivable of $2.7 million related to lapses in the statute of limitations for previously unrecognized tax benefits recognized in the first quarter of 2026.
(e) Reflected the tax impact associated with the non-GAAP adjustments including $2.7 million of tax benefits due to lapses in the statute of limitations for previously unrecognized tax benefits recognized in the first quarter of 2026.
###
EX-99.2
EX-99.2
Filename: q22026slide4.htm · Sequence: 3
q22026slide4
Q2 2026 Earnings Release July 29, 2026
2Littelfuse, Inc. © 2026 DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided herein. Littelfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at investor.littelfuse.com. This website also provides additional information about Littelfuse. “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995. These risks, uncertainties and other factors include, but are not limited to, risks and uncertainties relating to general economic conditions; product demand and market acceptance; economic conditions; the impact of competitive products and pricing; product quality problems or product recalls; capacity and supply difficulties or constraints; coal mining exposures reserves; cybersecurity matters; failure of an indemnification for environmental liability; changes in import and export duty and tariff rates; exchange rate fluctuations; commodity price fluctuations; the effect of the Company's accounting policies; labor disputes and shortages; restructuring costs in excess of expectations; pension plan asset returns less than assumed; uncertainties related to political or regulatory changes; integration of acquisitions may not be achieved in a timely manner, or at all; limited realization of the expected benefits from investment and strategic plans; the risk that expected benefits, synergies and growth prospects of the Basler acquisition may not be achieved in a timely manner, or at all; the risk that Basler’s business may not be successfully integrated with Littelfuse business and / or future acquisitions. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated or implied in the forward-looking statements. This presentation should be read in conjunction with information provided in the financial statements appearing in the company's Annual Report on Form 10-K for the year ended December 27, 2025. Further discussion of the risk factors of the company can be found under the caption "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 27, 2025, and in other filings and submissions with the SEC, each of which are available free of charge on the company’s investor relations website at investor.littelfuse.com and on the SEC’s website at http://www.sec.gov. These forward-looking statements are made as of the date hereof. The company does not undertake any obligation to update, amend or clarify these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the availability of new information. Non-GAAP Financial Measures. The information included in this presentation includes the non-GAAP financial measures of organic net sales growth, adjusted operating margin, adjusted EBITDA margin, adjusted diluted earnings per share, adjusted effective tax rate, free cash flow conversion, and consolidated net leverage ratio (as defined in the credit agreement). A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures are set forth in the appendix. The company believes that these non-GAAP financial measures provide useful information to investors regarding its operational performance, ability to generate cash and its credit position enhancing an investor’s overall understanding of its core financial performance. The company believes that free cash flow is a useful measure of its ability to generate cash. The company believes that these non-GAAP financial measures are commonly used by financial analysts and provide useful information to analysts. Management uses these measures when assessing the performance of the business and for business planning purposes. Note that the definitions of these non-GAAP financial measures may differ from those terms as defined or used by other companies.
3Littelfuse, Inc. © 2026 Our Long-Term Strategic Priorities Sharpened Focus on Growth Opportunities Partnering with Market Leaders Enhancing Operational Excellence
4Littelfuse, Inc. © 2026 Overvoltage BROAD-BASED TECHNOLOGY EXPERTISE Our Value Proposition – Delivering a Complete Set of Solutions to Solve Customers’ Complex Challenges Protects against too much voltage, suppressing surges and spikes Unrivaled Ability to Provide Protection Across Electrical Ecosystem at a Global Scale Advanced Protection & Power Solutions Provides smart, integrated control by detecting, responding, and managing faults in real time Power Semis to Protective RelaysMOVs to Semiconductor Protection Overcurrent Protects against too much current, stopping overheating and damage Fuses to Circuit Breakers
5Littelfuse, Inc. © 2026 Q2 2026 FINANCIAL SUMMARY Delivered results ahead of expectations while advancing our strategic priorities to drive long-term outperformance01 Q2 Adj. EBITDA Margin of 23.6%, +220 bps vs. PY, reflecting volume leverage and operational execution02 Continued strong cash generation with Q2 FCF of $127 million, +75% vs. PY03 Basler performing ahead of expectations, Full-Year Basler outlook increased to $135m-$140m Sales and $0.25-$0.30 EPS contribution04
6Littelfuse, Inc. © 2026 Q2 2026 TOTAL COMPANY FINANCIAL PERFORMANCE Revenue +20% reported and +14% organic vs. PY Note +6% from Basler acquisition and +1% from FX Adj. EBITDA Margin of 23.6%, +220 bps vs. PY GAAP diluted EPS of $3.49, +52% vs. PY Adj. EPS of $4.19, +47% vs. PY Q2 Op cash flow $146m; FCF of $127m, +75% vs. PY YTD FCF conversion of 118% $2.30$3.49GAAP EPS $2.85$4.19Adj. EPS 21.4%23.6%Adj. EBITDA% $739 $613 Q2-26 Q2-25 Revenue See appendix for GAAP to non-GAAP reconciliation
7Littelfuse, Inc. © 2026 Q2 2026 SALES & ADJ. EPS BRIDGE (in millions) See appendix for GAAP to non-GAAP reconciliation Note Other includes the unfavorable impact of 1H26 stock & variable compensation true-up, lower adjusted effective tax rate, higher share count, & impact of other non-operating expenses
8Littelfuse, Inc. © 2026 Q2 2026 ELECTRONICS SEGMENT FINANCIAL PERFORMANCE Revenue +21% reported and +20% organic vs. PY Passive products +26% organic Semiconductors +15% organic Strong Passive Products, Protection & Power Semiconductor growth Q2 Adj. EBITDA margin 26.3%, +470 bps vs PY Volume leverage, mix & operational execution Announced the planned closure of the Allen, TX, power semiconductor facility Estimated closure in 2027 14.9%21.4%Op Margin 21.6%26.3%Adj. EBITDA% $406 $336 Q2-26 Q2-25 Revenue (in millions) See appendix for GAAP to non-GAAP reconciliation
9Littelfuse, Inc. © 2026 Q2 2026 TRANSPORTATION SEGMENT FINANCIAL PERFORMANCE Revenue +2% reported and +1% organic vs. PY +1% FX benefit Passenger vehicle (2)% organic Content gains offset by lower yr/yr global passenger vehicle production & sensor declines Commercial vehicle +4% organic Improved truck, construction and ag demand Q2 Adj. EBITDA margin 18.6%, -190 bps vs PY Improved passenger vehicle margin offset by lower commercial vehicle profitability 15.6%14.1%Op Margin 20.5%18.6%Adj. EBITDA% $182 $179 Q2-26 Q2-25 Revenue (in millions) See appendix for GAAP to non-GAAP reconciliation
10Littelfuse, Inc. © 2026 Q2 2026 INDUSTRIAL SEGMENT FINANCIAL PERFORMANCE Revenue +52% reported and +16% organic vs. PY Continued strong data center, industrial automation, and construction demand; HVAC recovery Basler acquisition, +36% contribution Driven by strong grid & utility and data center infrastructure demand Q2 Adj. EBITDA margin 22.6%, +50 bps vs PY Favorable volume leverage and mix driving margin expansion 19.2%18.3%Op Margin 22.1%22.6%Adj. EBITDA% $150 $98 Q2-26 Q2-25 Revenue (in millions) See appendix for GAAP to non-GAAP reconciliation
11Littelfuse, Inc. © 2026 Q3 2026 GUIDANCE Entered Q3 with momentum following record Q2 bookings Focused on execution of strategic priorities Q3 sales guidance: $780m - $800m +7% sequential +26% yr/yr; +21% organic +6% yr/yr growth from the Basler acquisition -1% yr/yr FX impact Adj. EPS $4.85 - $5.05 +68% yr/yr at the midpoint Expected adj. effective tax rate of 23% - 24% (in millions) $780 - $800 $739 $625 Q3-26 Guidance Q2-26 Q3-25 Revenue $2.95$4.85 - $5.05 $4.19Adj. EPS $2.77$3.49GAAP EPS See appendix for GAAP to non-GAAP reconciliation
12Littelfuse, Inc. © 2026 Q3 2026 SALES & ADJ. EPS GUIDANCE BRIDGE Note Q3 2026 represents guidance midpoints (in millions) See appendix for GAAP to non-GAAP reconciliation Note Other includes the impact of higher stock & variable compensation, lower adjusted effective tax rate, higher share count, & impact of other non-operating expenses
13Littelfuse, Inc. © 2026 FULL YEAR 2026 CONSIDERATIONS / EXPECTATIONS 18% 2025 REVENUE BY END MARKET 2026 Key End Market Expectations
14Littelfuse, Inc. © 2026 APPENDIX
15Littelfuse, Inc. © 2025 15Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION Note: Total will not always foot due to rounding. (a) Reflected in selling, general and administrative expenses ("SG&A"). (b) Reflected in cost of sales. (c) Reflected in restructuring, impairment and other charges. (d) 2026 included the reversal of an indemnification receivable of $2.7 million related to lapses in the statute of limitations for previously unrecognized tax benefits recognized in the first quarter of 2026. (e) Reflected the tax impact associated with the non-GAAP adjustments including $2.7 million of tax benefits due to lapses in the statute of limitations for previously unrecognized tax benefits recognized in the first quarter of 2026. Non-GAAP EPS reconciliation YTD-25YTD-26Q2-25Q2-26 $ 4.05$ 6.44$ 2.30$ 3.49GAAP diluted EPS 0.991.060.550.70EPS impact of Non-GAAP adjustments (below) $ 5.04$ 7.50$ 2.85$ 4.19Adjusted diluted EPS Non-GAAP adjustments - expense / (income) (in millions) YTD-25YTD-26Q2-25Q2-26 $ 1.6$ 1.5$ 1.5$ 0.4Acquisition-related and integration costs (a) (0.5)5.4——Purchase accounting inventory adjustments (b) 11.527.42.520.0Restructuring, impairment and other charges (c) 12.634.34.020.4Non-GAAP adjustments to operating income —2.7——Other income, net (d) 15.3(2.6)10.4(0.2)Non-operating foreign exchange (gain) loss 27.934.514.420.2Non-GAAP adjustments to income before income taxes 3.27.60.82.4Income taxes (e) $ 24.7$ 26.9$ 13.6$ 17.8Non-GAAP adjustments to net income $ 0.99$ 1.06$ 0.55$ 0.70Total EPS impact
16Littelfuse, Inc. © 2025 16Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted operating margin / Adjusted EBITDA reconciliation (in millions) YTD-25YTD-26Q2-25Q2-26 $ 100.9$ 164.6$ 57.3$ 89.4Net income Add: 37.249.220.927.7Income taxes 17.412.78.65.7Interest expense 15.3(2.6)10.4(0.2)Foreign exchange (gain) loss (8.0)(3.0)(4.5)(2.9)Other income, net $ 162.9$ 220.9$ 92.8$ 119.7GAAP operating income 12.634.34.020.4Non-GAAP adjustments to operating income $ 175.5$ 255.2$ 96.8$ 140.1Adjusted operating income 29.231.214.914.7Amortization of intangibles 37.838.819.419.9Depreciation expense $ 242.5$ 325.2$ 131.1$ 174.7Adjusted EBITDA $ 1,167.7$ 1,395.8$ 613.4$ 738.8Net sales 8.6 %11.8 %9.3 %12.1 %Net income as a percentage of net sales 14.0 %15.8 %15.1 %16.2 %Operating margin 15.0 %18.3 %15.8 %19.0 %Adjusted operating margin 20.8 %23.3 %21.4 %23.6 %Adjusted EBITDA margin
17Littelfuse, Inc. © 2025 17Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Q2-25Q2-26Adjusted EBITDA by Segment (in millions) IndustrialTransportationElectronicsIndustrialTransportationElectronics $ 18.8$ 28.1$ 49.9$ 27.5$ 25.7$ 86.9GAAP operating income Add: 1.43.410.14.32.87.6Add back amortization 1.55.312.62.25.512.2Add back depreciation $ 21.7$ 36.8$ 72.6$ 34.0$ 34.0$ 106.7Adjusted EBITDA 22.1 %20.5 %21.6 %22.6 %18.6 %26.3 %Adjusted EBITDA Margin Q2-25Q2-26Net sales (in thousands) IndustrialTransportationElectronicsIndustrialTransportationElectronics $ —$ —$ 168,699$ —$ —$ 213,379Electronics – Passive Products and Sensors ——166,967——193,041Electronics – Semiconductor —86,260——90,617—Commercial Vehicle Products —76,151——76,500—Passenger Car Products —16,989——15,294—Automotive Sensors 98,347——149,950——Industrial Products $ 98,347$ 179,400$ 335,666$ 149,950$ 182,411$ 406,420Total
18Littelfuse, Inc. © 2025 18Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D YTD-25YTD-26Adjusted EBITDA by Segment (in millions) IndustrialTransportationElectronicsIndustrialTransportationElectronics $ 31.9$ 47.0$ 96.6$ 48.2$ 49.8$ 157.2GAAP operating income Add: 2.56.819.98.56.116.6Add back amortization 3.010.824.04.310.524.0Add back depreciation $ 37.4$ 64.6$ 140.5$ 61.0$ 66.4$ 197.8Adjusted EBITDA 20.4 %18.9 %21.8 %22.3 %18.8 %25.7 %Adjusted EBITDA Margin YTD-25YTD-26Net sales (in thousands) IndustrialTransportationElectronicsIndustrialTransportationElectronics $ —$ —$ 317,659$ —$ —$ 400,502Electronics – Passive Products and Sensors ——325,256——368,693Electronics – Semiconductor —164,029——169,498—Commercial Vehicle Products —145,186——152,740—Passenger Car Products —32,047——30,554—Automotive Sensors 183,543——273,763——Industrial Products $ 183,543$ 341,262$ 642,915$ 273,763$ 352,792$ 769,195Total
19Littelfuse, Inc. © 2025 19Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D (1) Passenger vehicle business (PVB) includes passenger car and auto sensor products. Q2-26 vs. Q2-25Net sales reconciliation TotalIndustrialTransportationElectronics 20 %52 %2 %21 %Net sales growth Less: 6 %36 %— %— %Acquisitions 1 %— %1 %1 %FX impact 14 %16 %1 %20 %Organic net sales growth Q2-26 vs. Q2-25Electronics segment net sales reconciliation Total Electronics Electronics - Semiconductor Electronics - Passive Products and Sensors 21 %16 %26 %Net sales growth Less: 1 %1 %1 %FX impact 20 %15 %26 %Organic net sales growth Q2-26 vs. Q2-25Transportation segment net sales reconciliation Total Transportation Auto Sensor Products (1) Passenger Car Products (1) Commercial Vehicle Products 2 %(10)%1 %5 %Net sales growth (decline) Less: 1 %2 %1 %1 %FX impact 1 %(12)%— %4 %Organic net sales growth (decline)
20Littelfuse, Inc. © 2025 20Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D (1) Passenger vehicle business (PVB) includes passenger car and auto sensor products. YTD-26 vs. YTD-25Net sales reconciliation TotalIndustrialTransportationElectronics 20 %49 %3 %20 %Net sales growth Less: 6 %38 %— %— %Acquisitions 2 %— %2 %2 %FX impact 12 %11 %1 %18 %Organic net sales growth YTD-26 vs. YTD-25Electronics segment net sales reconciliation Total Electronics Electronics - Semiconductor Electronics - Passive Products and Sensors 20 %13 %26 %Net sales growth Less: 2 %2 %2 %FX impact 18 %11 %24 %Organic net sales growth YTD-26 vs. YTD-25Transportation segment net sales reconciliation Total Transportation Auto Sensor Products (1) Passenger Car Products (1) Commercial Vehicle Products 3 %(5)%5 %3 %Net sales growth (decline) Less: 2 %5 %2 %2 %FX impact 1 %(10)%3 %2 %Organic net sales growth (decline)
21Littelfuse, Inc. © 2025 21Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Income tax reconciliation (in millions) YTD-25YTD-26Q2-25Q2-26 $ 37.2$ 49.2$ 20.9$ 27.7Income taxes 27.0 %23.0 %26.7 %23.6 %Effective rate 3.27.60.82.4Non-GAAP adjustments - income taxes $ 40.4$ 56.9$ 21.7$ 30.1Adjusted income taxes 24.4 %22.9 %23.4 %21.9 %Adjusted effective rate Free cash flow reconciliation YTD-25YTD-26Q2-25Q2-26 $ 148.2$ 226.5$ 82.5$ 146.2Net cash provided by operating activities (33.0)(33.0)(9.9)(18.9)Less: Purchases of property, plant, and equipment $ 115.2$ 193.5$ 72.6$ 127.3Free cash flow Free cash flow conversion YTD-25YTD-26Q2-25Q2-26 $ 100.9$ 164.6$ 57.3$ 89.4Net income 115.2193.572.6127.3Free cash flow 114 %118 %127 %142 %Free cash flow conversion
22Littelfuse, Inc. © 2025 22Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D * Our Credit Agreement and Private Placement Note with maturities ranging from 2027 to 2031, contain financial ratio covenants providing that if, as of the last day of each fiscal quarter, the Consolidated Net Leverage ratio at such time for the then most recently concluded period of four consecutive fiscal quarters of the Company exceeds 3.50:1.00, an Event of Default (as defined in the Credit Agreement and Private Placement Senior Notes) is triggered. The Credit Agreement was amended in Q1 2026 and now allows to add restructuring charges and business optimization expenses in addition to the prior credit agreement. (1) Represents Consolidated EBITDA as defined in our Credit Agreement and Private Placement Senior Notes and is calculated using the most recently concluded period of four consecutive quarters. As of June 27, 2026Consolidated Total Debt (in millions) $ 629.7Consolidated total debt 3.3Unamortized debt issuance costs 0.1Finance lease liability 633.1Consolidated funded indebtedness 139.3Cash held in U.S. (up to $400 million) $ 493.8Net debt Twelve Months Ended June 27, 2026Consolidated EBITDA (in millions) $ (8.2)Net Loss 29.6Interest expense 87.3Income taxes 75.9Depreciation expense 61.8Amortization expense Non-cash additions: 28.8Stock-based compensation expense 6.4Purchase accounting inventory step-up charge 1.7Unrealized loss on investments 315.1Impairment charges 25.5Other $ 623.9Consolidated EBITDA (1) 0.8xConsolidated Net Leverage Ratio (as defined in the Credit Agreement) *
23Littelfuse, Inc. © 2025 23Littelfuse, Inc. © 2026 SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Note: Total will not always foot due to rounding. (a) Reflected in selling, general and administrative expenses ("SG&A"). (b) Reflected in restructuring, impairment and other charges. (c) Reflected the tax impact associated with the non-GAAP adjustments. Non-GAAP EPS reconciliation Q3-25 $ 2.77GAAP diluted EPS 0.18EPS impact of Non-GAAP adjustments (below) $ 2.95Adjusted diluted EPS Non-GAAP adjustments - (income) / expense Q3-25 $ 1.4Acquisition-related and integration costs (a) 1.6Restructuring, impairment and other charges (b) 0.3Loss on sale of the Marine business 3.3Non-GAAP adjustments to operating income 0.2Non-operating foreign exchange loss 3.5Non-GAAP adjustments to income before income taxes (1.0)Income taxes (c) $ 4.5Non-GAAP adjustments to net income $ 0.18Total EPS impact
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Jul. 29, 2026
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+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
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duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
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X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
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Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
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Data Type:
xbrli:booleanItemType
Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
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dei_PreCommencementTenderOffer
Namespace Prefix:
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Data Type:
xbrli:booleanItemType
Balance Type:
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Period Type:
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- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
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X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
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Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
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X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
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