Revenue: As of FY2026 Q1, the actual value is USD 778.9 M.EPS: As of FY2026 Q1, the actual value is USD -0.05.EBIT: As of FY2026 Q1, the actual value is USD 74.7 M.<h4>Overall Operational Metrics</h4><ul><li>Net (Loss)/Earnings: 劲量控股 (Energizer Holdings, Inc.) reported a net loss of - $3.4 million for the first fiscal quarter of 2026, compared to net earnings of $22.3 million in the prior year quarter. Adjusted net earnings were $21.3 million, a decrease from $49.4 million in the prior year .</li><li>Gross Margin: The reported gross margin percentage was 32.9% for the first fiscal quarter of 2026, a decrease from 36.8% in the prior year. The adjusted gross margin was 34.9% compared to 40.0% in the prior year, primarily impacted by increased input costs, tariffs, unfavorable product mix, and the lower margin profile of the APS business, partially offset by production tax credits and price increases .</li><li>Selling, General and Administrative (SG&amp;A) Expense: SG&amp;A was $149.3 million, or 19.2% of net sales, in the first fiscal quarter of 2026, up from $131.3 million, or 17.9% of net sales, in the prior year. Adjusted SG&amp;A was $133.2 million, or 17.1% of net sales, compared to $119.2 million, or 16.3% of net sales, in the prior year .</li><li>Advertising and Sales Promotion (A&amp;P) Expense: A&amp;P was $49.2 million, or 6.3% of net sales, in the first fiscal quarter of 2026, down from $53.4 million, or 7.3% of net sales, in the prior year .</li><li>Research and Development (R&amp;D) Expense: R&amp;D was $7.8 million, or 1.0% of net sales, for the first fiscal quarter of 2026, compared to $8.0 million, or 1.1% of net sales, in the prior year .</li><li>Interest Expense: Interest expense was $39.1 million for the first fiscal quarter of 2026, an increase from $37.0 million in the prior year, due to a higher average debt balance .</li><li>Loss on Extinguishment/Modification of Debt: This loss was $0.9 million for the first fiscal quarter of 2026, compared to $0.1 million in the prior year .</li><li>Other Items, Net: This resulted in an expense of - $1.1 million for the first fiscal quarter of 2026, compared to a benefit of $5.0 million in the prior year .</li><li>Effective Tax Rate: The effective tax rate was a benefit of 29.2% for the first fiscal quarter of 2026, compared to an expense of 25.9% in the prior year. The adjusted effective tax rate was 22.5% in 2026, down from 24.8% in 2025 .</li></ul><h4>Segment Performance</h4><h5>Batteries &amp; Lights</h5><ul><li>Net Sales: Increased by 8.3% to $685.2 million in the first fiscal quarter of 2026, from $632.4 million in the prior year. Organic net sales declined by - $24.3 million, or -3.8%, due to decreased volumes, partially offset by pricing increases. The APS acquisition contributed $64.6 million, or 10.2%, to net sales .</li><li>Segment Profit: Decreased by 11.4% to $105.7 million in the first fiscal quarter of 2026, from $119.3 million in the prior year. Organic segment profit decreased by - $23.0 million, or -19.3%, due to declining organic net sales, increased input costs, tariffs, and the lower-margin APS business, partially offset by reduced A&amp;P spending .</li><li>Segment Depreciation and Amortization: $14.7 million (2025) vs $14.3 million (2024) .</li><li>Capital Expenditures: $25.1 million (2025) vs $34.0 million (2024) .</li><li>Segment Assets: $1,583.5 million as of December 31, 2025, compared to $1,631.0 million as of September 30, 2025 .</li><li>Restructuring Costs Allocation: Pre-tax restructuring and related costs allocated to this segment were $30.3 million for the first fiscal quarter of 2026, compared to $18.7 million in the prior year .</li></ul><h5>Auto Care</h5><ul><li>Net Sales: Decreased by 5.6% to $93.7 million in the first fiscal quarter of 2026, from $99.3 million in the prior year. Organic net sales declined by - $6.9 million, or -6.9%, due to broader consumer softness in the U.S. and a shift in product mix .</li><li>Segment Profit: Decreased by 55.6% to $9.1 million in the first fiscal quarter of 2026, from $20.5 million in the prior year. Organic segment profit declined by - $12.1 million, or -59.0%, due to lower organic net sales and increased input costs from tariffs, partially offset by reduced SG&amp;A and A&amp;P spending .</li><li>Segment Depreciation and Amortization: $2.9 million (2025) vs $2.8 million (2024) .</li><li>Capital Expenditures: $0.2 million (2025) vs $0.6 million (2024) .</li><li>Segment Assets: $356.3 million as of December 31, 2025, compared to $382.3 million as of September 30, 2025 .</li><li>Restructuring Costs Allocation: Pre-tax restructuring and related costs allocated to this segment were $0.6 million for the first fiscal quarter of 2026, compared to $1.6 million in the prior year .</li></ul><h4>Cash Flow</h4><ul><li>Net Cash from Operating Activities: $149.5 million for the three months ended December 31, 2025, up from $77.0 million in the prior year, driven by working capital changes and a $34.6 million net refund from production tax credits, partially offset by a - $25.7 million decline in net earnings .</li><li>Net Cash Used by Investing Activities: - $25.3 million for the three months ended December 31, 2025, compared to - $34.7 million in the prior year, primarily related to capital expenditures .</li><li>Net Cash Used by Financing Activities: - $145.8 million for the three months ended December 31, 2025, compared to - $56.1 million in the prior year, including debt payments of - $92.5 million, a - $16.0 million net decrease in short-term debt, and - $23.3 million in dividends .</li></ul><h4>Unique Metrics</h4><ul><li>APS Acquisition: The acquisition of Advanced Power Solutions (APS) contributed $64.6 million in net sales and $5.3 million in segment profit to the Batteries &amp; Lights segment during the first fiscal quarter of 2026 .</li><li>Highly Inflationary Markets: The financial statements for the Egypt subsidiary were consolidated under highly inflationary accounting rules effective October 1, 2024, and for the Argentina subsidiary effective July 1, 2018, both remaining highly inflationary as of December 31, 2025 .</li><li>Supplier Financing Program: As of December 31, 2025, 劲量控股 (Energizer Holdings, Inc.) had $43.9 million in outstanding supplier obligations confirmed under its voluntary Supplier Financing Program .</li></ul><h4>Future Outlook and Strategy</h4><ul><li>Project Momentum: The Project Momentum profit recovery program was extended to a fourth year (fiscal 2026) to mitigate tariffs and challenging macroeconomic conditions, focusing on network and sourcing changes, European manufacturing network redesign, U.S. manufacturing efficiency investments, and SG&amp;A cost reduction . Estimated pre-tax restructuring costs for the fourth year are expected to be between $35.0 million and $40.0 million, with an additional $25.0 million to $30.0 million for U.S. manufacturing efficiency initiatives and capital expenditures of $25.0 million to $35.0 million . Estimated savings are $15.0 million to $20.0 million, plus $15.0 million to $25.0 million in tariff mitigation and cost avoidance, with full realization expected by September 30, 2026 .</li><li>Production Tax Credits (IRA Section 45X): 劲量控股 (Energizer Holdings, Inc.) recognized a $9.7 million credit in the first fiscal quarter of 2026, and future annual credits are estimated to be approximately $55 million to $65 million, based on current regulations before the phase-out period .</li><li>Capital Expenditures Outlook: Total investing cash outflows of approximately $75 million to $85 million are anticipated in fiscal 2026 for capital expenditures, including normal replacements, product development, cost reduction investments, and $25 million to $35 million for Project Momentum initiatives .</li><li>Liquidity and Debt Management: The company believes its future cash from operations and access to capital markets will provide adequate resources, having prepaid $90.0 million of its Term Loan in the first fiscal quarter of 2026 and remaining in compliance with all debt covenants as of December 31, 2025 .</li><li>Dividends and Share Repurchases: A cash dividend of $0.30 per share was declared for the first and second quarters of fiscal 2026, and the company repurchased approximately 245,000 shares for $4.5 million during the quarter, with 3.3 million shares remaining under authorization .</li></ul>

Energizer | 10-Q: FY2026 Q1 Revenue: USD 778.9 M