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Jun 30, 2022

Sensata Q2 2022 Earnings Report

Achieved record quarterly revenue and largest single design win in company history.

Key Takeaways

Sensata Technologies reported record revenue of $1,020.5 million in the second quarter of 2022, a 2.8% increase compared to the second quarter of 2021. The company's organic revenue growth outpaced underlying markets by 650 basis points, and it was awarded its largest ever design win for a new electric vehicle battery disconnect system.

Sensata delivered record revenue in the second quarter.

Organic revenue growth outpaced underlying markets by 650 basis points.

Company was awarded its largest ever design win for a new electric vehicle battery disconnect system.

Sensata is well positioned for the future due to investments and new business wins.

Total Revenue
$1.02B
Previous year: $993M
+2.9%
EPS
$0.83
Previous year: $0.95
-12.6%
Adjusted Operating Margin
19%
Previous year: 21.1%
-10.0%
Shares Repurchased
1.7M
Gross Profit
$334M
Previous year: $334M
-0.1%
Cash and Equivalents
$1.56B
Previous year: $1.86B
-16.3%
Free Cash Flow
$56.2M
Previous year: $127M
-55.7%
Total Assets
$8.61B
Previous year: $8.42B
+2.2%

Sensata

Sensata

Sensata Revenue by Segment

Sensata Revenue by Geographic Location

Forward Guidance

For the third quarter of 2022, Sensata expects revenue of $980 to $1,020 million and adjusted EPS of $0.81 to $0.89. For fiscal year 2022, the company is adjusting its annual financial guidance calling for revenue of $3,970 to $4,050 million and adjusted EPS of $3.30 to $3.42.

Revenue & Expenses

Visualization of income flow from segment revenue to net income