Littelfuse Inc

Latest Results (02.04.2026):

Littelfuse Inc — fourth quarter 2025: Littelfuse, Inc. reported Q4 2025 net sales of $594 million (up 12% y/y) and a GAAP diluted loss per share of ($9.72), driven principally by a $301 million non‑cash goodwill impairment in its Semiconductor Products business; on an adjusted basis the company reported Q4 adjusted diluted EPS of $2.69 and an adjusted EBITDA margin of 20.5%. Cash flow from operations was $139 million in the quarter and free cash flow was $120 million. Littelfuse closed the Basler Electric acquisition late in 2025 and provided Q1 2026 adjusted guidance.

Top-line and annual results

Q4 net sales: $593.9M, +12% y/y (organic +7%). Full‑year 2025 net sales: $2,386.3M, +9% (organic +6%).

Profitability — GAAP vs. adjusted

Q4 GAAP diluted loss per share ($9.72) reflecting the $301M goodwill impairment; Q4 adjusted diluted EPS $2.69. Q4 GAAP operating margin was (37.5)% while adjusted EBITDA margin was 20.5% (up 480 bps y/y). Full‑year adjusted diluted EPS was $10.68, +34% y/y.

Non‑cash impairment

Recorded a $301.2M non‑cash goodwill impairment in Q4 2025 related to the Electronics‑Semiconductor reporting unit (weaker sales and profitability vs. prior expectations).

Cash flow and balance sheet

Q4 cash flow from operations $138.7M and free cash flow $119.7M; full‑year operating cash flow $433.8M and free cash flow $366.1M. Consolidated total debt ~$802.6M, net debt ~$660.3M and consolidated net leverage ratio ~1.2x.

Segment highlights

Electronics: Q4 sales $345.2M (+21%), organic +14%; adjusted EBITDA margin 23.7% (passive products strong; semiconductor protection demand up but power semiconductor soft). Transportation: Q4 sales $163.8M (+1%), adjusted EBITDA margin 16.0% (operational execution helped margins). Industrial: Q4 sales $85.0M (+4%), adjusted EBITDA margin 16.2% (Basler acquisition contributed to growth).

M&A and outlook

Closed the Basler Electric acquisition in 2025 (contributing to Industrial growth). Q1 2026 (non‑GAAP) guidance: net sales $625–$645M, adjusted diluted EPS $2.70–$2.90, and an adjusted effective tax rate ~24%; company expects ~15% total revenue growth vs. prior year in Q1.

Shareholder return

Declared a cash dividend of $0.75 per share payable March 5, 2026 to shareholders of record as of February 19, 2026.