Littelfuse Q1 Sees 18% Electronics and 45% Industrial Growth, Guides $690–710M Q2 Sales
Littelfuse posted first-quarter segment net sales growth of 18% in Electronics, 5% in Transportation and 45% in Industrial, driving adjusted EBITDA margins up by 300, 200 and 340 basis points respectively. It declared a $0.75 quarterly dividend and guided Q2 net sales of $690–710 million with adjusted EPS of $3.65–3.85.
1. First Quarter Overview
Littelfuse delivered a strong start to fiscal 2026, exceeding internal expectations through robust market demand and strategic execution. CEO Greg Henderson highlighted broad-based growth and margin expansion across all segments, reflecting the company’s leadership in safe and efficient electrical energy transfer.
2. Q2 Guidance
For the second quarter, Littelfuse projects approximately 14% total revenue growth year-over-year, with net sales forecast between $690 million and $710 million. The company expects adjusted diluted EPS of $3.65 to $3.85 and an effective tax rate of 21% to 22%.
3. Segment Performance
In Electronics, net sales rose 18% with organic growth of 15% and a 25.1% adjusted EBITDA margin (+300 bps). Transportation net sales increased 5% (1% organic) with a 19.1% margin (+200 bps). Industrial net sales surged 45%, including a 39% lift from the Basler acquisition, and posted a 21.9% margin (+340 bps).
4. Dividend and Investor Day
The board approved a $0.75 per share quarterly dividend payable June 4 to holders of record on May 21. Littelfuse will host an Investor Day on May 14 in New York City, featuring executive presentations on business strategy, growth drivers and financial objectives, followed by interactive Q&A.