EnerSys Earnings Reports

EnerSys closed Q4 FY25 on a high note, with solid sales growth, significant margin improvement across business lines, and record adjusted EPS driven by favorable product mix and operational execution.

EnerSys reported a 5% increase in net sales to $906.2 million, driven by strong A&D demand and contributions from Bren-Tronics. Diluted EPS increased by 55% to $2.88, and adjusted diluted EPS increased by 22% to $3.12, bolstered by a $75 million benefit from IRA tax credits. The company expects a strong finish to the fiscal year, with improving trends across end markets and disciplined execution of strategic priorities.

EnerSys reported net sales of $883.7 million and diluted EPS of $2.01. The company's gross margin increased by 190 basis points to 28.5%. They were also selected for a $199 million Department of Energy award negotiation.

EnerSys reported net sales of $852.9 million, a 6% decrease year-over-year, but delivered diluted EPS of $1.71, a 7% increase, and adjusted diluted EPS of $1.98, a 5% increase. The company saw encouraging demand signals in Energy Systems and closed on the acquisition of Bren-Tronics.

EnerSys reported Q4 2024 net sales of $911 million, down 8% year-over-year, primarily due to spending pauses in telecom and broadband. However, the company achieved a gross margin of 27.9%, a 300 basis point increase, and an adjusted EPS of $2.08, up 14%.

EnerSys reported net sales of $862 million, a decrease of 6% year-over-year, primarily driven by temporary spending pauses in telecom and broadband. The company achieved a gross margin of 28.9%, including a $59 million benefit from Inflation Reduction Act / IRC 45X tax credits, and an adjusted EPS of $2.56, up 102% year-over-year. Net leverage was reduced to 1.1x EBITDA on operating cash flow of $135 million.

EnerSys reported net sales of $901 million, a record for the second quarter, with a gross margin of 26.6%, up 490 basis points from the prior year. Diluted EPS was $1.56, an 86% increase year-over-year, and adjusted diluted EPS was $1.84, a 66% increase. The company benefited from a $22 million benefit from Inflation Reduction Act IRC 45X tax credits.

EnerSys reported a 1% increase in net sales to $909 million for Q1 2024. The company achieved a record gross margin of 26.4%, including benefits from Inflation Reduction Act tax credits, and a record EPS of $1.60. They reduced net leverage to 1.5X EBITDA with operating cash flow of $75 million.

EnerSys reported an outstanding fourth quarter with record revenue of $990 million, a 9% increase year-over-year. The company achieved significant gross margin improvement and realized record GAAP diluted EPS of $1.59 and adjusted diluted EPS of $1.82.

EnerSys reported a strong third quarter with record revenue of $920 million, a 9% increase year-over-year. GAAP operating earnings improved 53% to $79 million, and adjusted operating earnings also reached a record of $85 million, a 41% increase year-over-year. The company saw significant gross margin improvement, up 150 basis points sequentially to 23.2%.

EnerSys reported a 14% year-over-year increase in net sales, reaching $899 million, the second highest quarterly revenue in the company's history. Adjusted diluted EPS was $1.11, slightly above the midpoint of guidance. The company saw improved gross margins and a healthy backlog, while navigating supply chain disruptions and inflationary pressures.

EnerSys reported a 10.3% year-over-year increase in net sales, reaching $899 million, driven by pricing and volume growth. The company achieved record Q1 orders exceeding $1 billion and grew its backlog to $1.5 billion. Adjusted diluted EPS met the midpoint of guidance at $1.15, despite facing FX headwinds and supply chain constraints. EnerSys also progressed on operating efficiency initiatives, including the closure of the Ooltewah facility and the opening of a new Richmond distribution center.

EnerSys reported a strong finish to a challenging year, with record fourth-quarter net sales of $907 million, an 11.5% increase year-over-year. The company's backlog grew to $1.3 billion, and pricing actions outpaced costs, driving sequential earnings improvement despite macroeconomic headwinds.

EnerSys reported a 12% increase in net sales to $844 million, driven by strong demand and pricing actions. EPS was $0.85, and adjusted EPS was $1.01, exceeding guidance. The company's backlog grew to $1.2 billion. They expect adjusted diluted earnings per share to be between $1.11 and $1.21 in the fourth fiscal quarter.

EnerSys reported a 12% increase in net sales compared to the previous year, reaching $791.4 million, driven by strong demand across all business lines. However, earnings were impacted by supply chain disruptions and inflation outpacing pricing actions. The company's backlog exceeded $1 billion for the first time. Adjusted diluted earnings per share were $1.01, compared to guidance of $1.03 to $1.13.

EnerSys reported a solid first quarter with net sales of $814.9 million, a 15.6% increase from the prior year. The company's adjusted diluted earnings per share were $1.25, meeting the guidance. However, supply chain challenges restrained revenue and earnings growth.

EnerSys reported Q4 2021 results with net sales of $813.5 million, a 4% increase from the prior year, and adjusted Net earnings per diluted share of $1.30, meeting the company's guidance. The increase in sales was driven by organic volume and foreign currency translation, offset by a decrease in pricing. The company is maintaining its guidance of $1.15 to $1.25 per as-adjusted diluted share for the first fiscal quarter.

EnerSys reported a decrease of 2% in net sales compared to the prior year, with net sales reaching $751.1 million. The adjusted EPS for the third quarter was $1.27, exceeding the company's guidance. Demand remained strong, and the company made excellent progress on strategic initiatives. The company expects to achieve between $1.25 and $1.31 per share in as-adjusted Q4 earnings as production output improves.

EnerSys reported a 7% year-over-year decrease in net sales to $708.4 million for Q2 2021. Despite the revenue decline, the company highlighted strong cash flow due to lower costs, including commodities, and a sequential improvement in operating earnings. The company is resuming guidance for the next quarter, expecting adjusted earnings of $1.17 to $1.23 per share.

EnerSys reported net sales of $705 million, a 10% decrease year-over-year, with Motive Power significantly impacted by COVID-19 while Energy Systems and Specialty segments performed better. The company generated $117 million in operating cash flow and managed to maintain gross profit margins at 25%.

EnerSys reported a net loss of $1.5 million for Q4 2020, or -$0.04 per diluted share. However, excluding highlighted items, adjusted non-GAAP EPS was $1.11. Net sales for the quarter were $781.8 million, a 2% decrease from the prior year. The company faced challenges including the impact of COVID-19 on its factories and supply chain.

EnerSys reported a 12% increase in net sales to $763.7 million for Q3 2020, driven by acquisitions, but net earnings decreased to $27.3 million, or $0.64 per diluted share, impacted by a fire at the Richmond, KY facility. Adjusted non-GAAP EPS was $1.04, below the company's guidance of $1.12 to $1.16. The company anticipates a recovery on business interruption coverage in Q4.