---
title: "Energizer | 10-Q: FY2026 Q2 Revenue: USD 643.3 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285253238.md"
datetime: "2026-05-05T19:27:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285253238.md)
  - [en](https://longbridge.com/en/news/285253238.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285253238.md)
---

# Energizer | 10-Q: FY2026 Q2 Revenue: USD 643.3 M

Revenue: As of FY2026 Q2, the actual value is USD 643.3 M.

EPS: As of FY2026 Q2, the actual value is USD 0.15.

EBIT: As of FY2026 Q2, the actual value is USD 123.4 M.

#### Segment Revenue

##### Batteries & Lights

-   Net Sales for the quarter ended March 31, 2026, were $473.2 million, a decrease from $488.0 million in the prior year period.
    -   Organic Net sales declined by -5.9%.
    -   Acquisition impact contributed +0.4%.
    -   The impact of currency was +2.7%.
-   Net Sales for the six months ended March 31, 2026, were $1,158.4 million, an increase from $1,120.4 million in the prior year period.
    -   Organic Net sales declined by -4.7%.
    -   Acquisition impact contributed +6.0%.
    -   The impact of currency was +2.2%.

##### Auto Care

-   Net Sales for the quarter ended March 31, 2026, were $170.1 million, a decrease from $174.9 million in the prior year period.
    -   Organic Net sales declined by -4.5%.
    -   The impact of currency was +1.9%.
-   Net Sales for the six months ended March 31, 2026, were $263.8 million, a decrease from $274.2 million in the prior year period.
    -   Organic Net sales declined by -5.4%.
    -   The impact of currency was +1.7%.

#### Operational Metrics

##### Segment Profit

-   Total Segment Profit for the quarter ended March 31, 2026, was $162.3 million, an increase of 10.0% compared to $147.5 million in the prior year.
    -   Organic profit increased by $13.6 million, or 9.2%.
-   Total Segment Profit for the six months ended March 31, 2026, was $277.1 million, a decrease of -3.6% compared to $287.3 million in the prior year.
    -   Organic profit decreased by $21.5 million, or -7.5%.

##### Batteries & Lights Segment Profit

-   For the quarter ended March 31, 2026, Segment Profit was $133.7 million, an increase of 19.1% compared to the prior year.
    -   Organic segment profit improved by $21.7 million, or 19.3%.

##### Auto Care Segment Profit

-   For the quarter ended March 31, 2026, Segment Profit was $28.6 million, a decrease of -18.8% compared to the prior year.
    -   Organic segment profit declined by $8.1 million, or -23.0%.

##### Gross Margin Percentage

-   For the quarter ended March 31, 2026, reported gross margin was 40.2%, and Adjusted Gross margin was 44.4%, driven by a $47.6 million benefit from an anticipated tariff refund and $11.7 million from production tax credits.
-   For the six months ended March 31, 2026, reported gross margin was 36.2%, and Adjusted Gross margin was 39.2%, with the decline attributed to increased input costs, higher tariff costs, and unfavorable product mix, partially offset by the tariff refund and production tax credits.

##### Selling, General and Administrative Expense (SG&A)

-   For the quarter ended March 31, 2026, SG&A was $133.1 million, or 20.7% of Net sales, with Adjusted SG&A at $127.1 million, or 19.8% of Net sales.
-   For the six months ended March 31, 2026, SG&A was $282.4 million, or 19.9% of Net sales, with Adjusted SG&A at $260.3 million, or 18.3% of Net sales.

##### Other Items, Net

-   For the quarter ended March 31, 2026, there was an expense of $25.6 million, primarily due to a $26.1 million non-cash settlement loss on the U.K. pension plan termination.
-   For the six months ended March 31, 2026, there was an expense of $26.7 million, also primarily due to the $26.1 million non-cash settlement loss on the U.K. pension plan termination.

#### Cash Flow

-   Net Cash from Operating Activities for the six months ended March 31, 2026, was $147.8 million, an increase from $64.2 million in the prior year period, primarily driven by working capital changes of approximately $107 million and $22.8 million in production tax credits, partially offset by a $43.9 million decline in net earnings.
-   Net Cash Used by Investing Activities for the six months ended March 31, 2026, was -$41.9 million, compared to -$55.7 million in the prior year period, primarily related to capital expenditures.
-   Net Cash Used by Financing Activities for the six months ended March 31, 2026, was -$169.0 million, compared to -$81.7 million in the prior fiscal year period, including $95.0 million in debt payments, -$14.5 million net decrease in short-term debt, and -$43.9 million in dividends paid.

#### Unique Metrics

-   The APS Acquisition contributed $2.1 million to Net sales for the quarter and $66.7 million for the six months ended March 31, 2026.
    -   The acquisition added a segment loss of -$2.1 million and segment profit of $3.2 million for the Batteries and Lights segment during the three and six months ended March 31, 2026, respectively.
    -   The majority of acquired branded businesses transitioned to legacy brands by December 31, 2025.
-   劲量控股 determined it is entitled to a tariff refund of approximately $64.3 million under IEEPA.
    -   For the three and six months ended March 31, 2026, a $47.6 million benefit was recorded in Cost of goods sold, and the carrying value of inventory was reduced by $16.7 million.
-   劲量控股 recognized a credit of $11.7 million and $21.4 million during the quarter and six months ended March 31, 2026, respectively, under the Section 45X Advanced Manufacturing Production Credit.
-   Total estimated pre-tax costs for the fourth year of the Project Momentum Restructuring are expected to be between $60.0 million and $70.0 million, with additional restructuring-related costs of $20.0 million to $25.0 million for U.S. manufacturing efficiency initiatives, and capital expenditures of $25.0 million to $35.0 million.
    -   Expected savings are $20.0 million to $25.0 million, plus tariff mitigation and cost avoidance of $10.0 million to $15.0 million, with full realization by September 30, 2026.

#### Future Outlook and Strategy

-   劲量控股 anticipates continued inflationary pressures, geopolitical instability, and risks of higher tariffs, transportation costs, and commodity prices in fiscal 2026, potentially leading to gross margin pressures, currency headwinds, and softening consumer demand.
-   The company expects future annual credits from Section 45X to be approximately $55 million to $65 million based on current regulations, prior to the phase-out period.
-   劲量控股 believes future cash from operations and access to capital markets will fund operating and financing needs, with anticipated total investing cash outflows of $75 million to $85 million in fiscal 2026 for capital expenditures, including $25 million to $35 million for Project Momentum initiatives.

### Related Stocks

- [ENR.US](https://longbridge.com/en/quote/ENR.US.md)

## Related News & Research

- [Gamco Investors INC. ET AL Has $40.65 Million Position in Energizer Holdings, Inc. $ENR](https://longbridge.com/en/news/286737204.md)
- [Energizer (NYSE:ENR) Sets New 52-Week Low  - Should You Sell?](https://longbridge.com/en/news/287100266.md)
- [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md)
- [Warren Buffett’s Berkshire Hathaway Dumped 16 Stocks in Q1, But the Chevron Sale Was the Largest](https://longbridge.com/en/news/286904279.md)
- [Analog Devices Q2 revenue, adjusted profit beat on strong demand](https://longbridge.com/en/news/287053875.md)