EnerSys (ENS) Company Report

ENS reported record Q2 net sales of $951 million, an 8% increase year-over-year, and record Q2 adjusted EPS ex 45X benefits of $1.51, up 15% year-over-year.
The company returned $78 million to shareholders through buybacks and dividends in Q2 FY'26.
Free cash flow significantly increased to $197.1 million in Q2 2026, compared to $3.2 million in the prior year period.
Orders for Q2'26 were $851 million, a 1% decrease year-over-year, with a book-to-bill ratio of 0.90, reflecting fluctuating demand.
ENS provided Q3 guidance, expecting net sales to increase by 4% year-over-year and adjusted EPS ex 45X to increase by 8% at the midpoint.

Nov 6, 2025, 2:00 PM

ENS Reports Record Q2 2026 Results and Provides Q3 Outlook

ENS

Earnings

Guidance Update

Share Buyback

EnerSys (ENS) reported record Q2 2026 net sales of $951 million, an 8% increase year-over-year, and record adjusted diluted EPS of $2.56 per share, up 21% from the prior year. Excluding 45X benefits, adjusted diluted EPS was $1.51 per share, a 15% increase.
The strong performance was driven by growth in data center, industrial, and A&D markets, with Energy Systems revenue increasing 14% to $435 million. Motive Power revenue, however, decreased 2% to $360 million due to lower volumes.
The company is implementing an $80 million annual cost-saving initiative from reduction in force actions, with early benefits materializing and expected to grow in the third and fourth quarters.
For Q3 2026, ENS anticipates net sales between $920 million and $960 million and adjusted diluted EPS of $2.71-$2.81 per share. Excluding 45X benefits, adjusted diluted EPS is projected to be $1.64-$1.74 per share, representing a 46% increase at the midpoint.
ENS returned $78 million to shareholders in Q2 through share repurchases and dividends and plans to continue buying back stock, particularly when the share price is considered undervalued.

Nov 6, 2025, 2:00 PM

EnerSys Reports Second Quarter Fiscal Year 2026 Results

ENS

Earnings

Dividends

Share Buyback

EnerSys reported net sales of $951.3 million for the second quarter of fiscal year 2026, an increase of 7.7% compared to the prior year period.
Diluted EPS for Q2 FY26 was $1.80, while adjusted diluted EPS increased 21% to $2.56.
The company's Board of Directors declared a quarterly cash dividend of $0.2625 per share for the third quarter of fiscal year 2026, payable on December 26, 2025.
EnerSys returned $78 million to shareholders in Q2 FY26 through buybacks and dividends, with $958 million remaining in buyback authorization as of November 4, 2025.
For the third quarter of fiscal year 2026, EnerSys expects net sales in the range of $920 million to $960 million and adjusted diluted EPS between $2.71 and $2.81.

Nov 5, 2025, 9:18 PM

EnerSys Reports Second Quarter Fiscal Year 2026 Results

ENS

Earnings

Guidance Update

Share Buyback

EnerSys reported net sales of $951.3 million for the second quarter of fiscal year 2026, an 8% increase from the prior year.
Diluted EPS was $1.80, down 10%, while adjusted diluted EPS rose 21% to $2.56.
The company returned $78 million to shareholders through buybacks and dividends in Q2 FY2026, with $958 million remaining in buyback authorization as of November 4, 2025.
EnerSys expects third quarter fiscal 2026 net sales between $920 million and $960 million and adjusted diluted EPS between $2.71 and $2.81.

Nov 5, 2025, 9:15 PM

EnerSys Amends Credit Agreement, Adjusting Debt, Investment, and Dividend Capacities

ENS

Debt Issuance

New Projects/Investments

Dividends

EnerSys executed a Sixth Amendment to its Credit Agreement on September 25, 2025, with Bank of America, N.A. serving as the Administrative Agent.
The amendment increases the aggregate amount for Receivables Facilities and Receivables Indebtedness from $150,000,000 to $300,000,000.
The company's investment capacity for general investments not otherwise permitted has been raised from $200,000,000 to $275,000,000 or 6.25% of Consolidated Total Assets.
The annual dividend capacity has been increased from $200,000,000 to $215,000,000 or 5.25% of Consolidated Total Assets, and the Consolidated Total Net Leverage Ratio requirement for other dividends was adjusted to less than 3.25 to 1.00.
The total Revolving A Commitment under the agreement is $917,500,000, and the total Revolving B Commitment is $82,500,000.

Sep 25, 2025, 9:21 PM

Earnings Transcripts

Quarterly earnings call transcripts for EnerSys.

Get instant answers from SEC filings, earnings calls & more

Get instant analysis when filings drop