Revenue: As of FY2026, the actual value is USD 3.751 B, beating the estimate of USD 3.734 B.EPS: As of FY2026, the actual value is USD 7.7, missing the estimate of USD 8.6733.EBIT: As of FY2026, the actual value is USD 397.91 M.<h4>Segment Revenue</h4><ul><li>Total Net Sales: EnerSys’s total net sales for fiscal 2026 were $3,751.4 million, an increase of 3.7% compared to $3,617.6 million in fiscal 2025.</li><li>Energy Systems Segment: Net sales increased by $120.2 million, or 7.8%, to $1,651.3 million in fiscal 2026 from $1,531.1 million in fiscal 2025.</li><li>Motive Power Segment: Net sales decreased by $53.1 million, or 3.6%, to $1,431.0 million in fiscal 2026 from $1,484.1 million in fiscal 2025.</li><li>Specialty Segment: Net sales increased by $71.5 million, or 12.1%, to $665.1 million in fiscal 2026 from $593.6 million in fiscal 2025.</li></ul><h4>Operational Metrics</h4><ul><li>Gross Profit: Gross profit increased by $5.2 million, or 0.5%, to $1,097.6 million in fiscal 2026 from $1,092.4 million in fiscal 2025.</li><li>Gross Profit Margin: The gross profit margin decreased by 100 basis points to 29.2% in fiscal 2026 from 30.2% in fiscal 2025.</li><li>Operating Expenses: Operating expenses increased by $12.3 million, or 2.0%, to $621.0 million in fiscal 2026 from $608.7 million in fiscal 2025, while as a percentage of net sales, they decreased by 20 basis points to 16.6% from 16.8%.</li><li>Restructuring and Other Exit Charges: Restructuring and other exit charges increased to $51.0 million in fiscal 2026 from $14.4 million in fiscal 2025.<ul><li>Energy Systems: - $23.4 million in fiscal 2026, - $6.0 million in fiscal 2025.</li><li>Motive Power: - $24.0 million in fiscal 2026, - $5.7 million in fiscal 2025.</li><li>Specialty: - $3.5 million in fiscal 2026, - $2.7 million in fiscal 2025.</li></ul></li><li>Operating Earnings: Operating earnings decreased by $38.3 million, or 8.2%, to $426.4 million in fiscal 2026 from $464.7 million in fiscal 2025, with operating earnings as a percentage of net sales decreasing by 140 basis points to 11.4% from 12.8%.<ul><li>Energy Systems Operating Earnings: Increased to $145.5 million (8.8% of net sales) in fiscal 2026 from $103.2 million (6.7% of net sales) in fiscal 2025.</li><li>Motive Power Operating Earnings: Decreased to $199.8 million (14.0% of net sales) in fiscal 2026 from $232.8 million (15.7% of net sales) in fiscal 2025.</li><li>Specialty Operating Earnings: Increased to $62.1 million (9.3% of net sales) in fiscal 2026 from $37.0 million (6.2% of net sales) in fiscal 2025.</li></ul></li><li>Earnings Before Income Taxes: Earnings before income taxes were $347.4 million in fiscal 2026, a decrease of $59.1 million or 14.6%, from $406.5 million in fiscal 2025.</li><li>Net Earnings Attributable to EnerSys Stockholders: Net earnings attributable to EnerSys stockholders were $293.6 million in fiscal 2026, a decrease of 19.3% from $363.7 million in fiscal 2025.</li></ul><h4>Cash Flow</h4><ul><li>Cash Provided by Operating Activities: Cash provided by operating activities was $547.6 million in fiscal 2026, significantly higher than $260.3 million in fiscal 2025.</li><li>Cash Used in Investing Activities: Cash used in investing activities was - $87.9 million in fiscal 2026, compared to - $336.4 million in fiscal 2025.</li><li>Cash Used in Financing Activities: Cash used in financing activities was - $380.7 million in fiscal 2026, compared to cash provided by financing activities of $90.3 million in fiscal 2025.</li><li>Cash and Cash Equivalents: Cash and cash equivalents increased by $95.6 million to $438.7 million at March 31, 2026, from $343.1 million at March 31, 2025.</li></ul><h4>Unique Metrics</h4><ul><li>Primary Operating Capital: Primary operating capital was $876.6 million at March 31, 2026, down from $932.2 million at March 31, 2025.</li><li>Primary Operating Capital as a % of Annualized Net Sales: This metric improved to 22.2% at March 31, 2026, from 23.9% at March 31, 2025.</li><li>Production Tax Credits (IRC Section 45X): EnerSys recognized $158.6 million in fiscal 2026 and $184.6 million in fiscal 2025 as a reduction to “Cost of sales” from the advanced manufacturing production credit.</li><li>Lead Hedging: As of March 31, 2026, EnerSys had $74.9 million under forward contracts for lead, covering 82.7 million pounds at an average cost of $0.91 per pound, representing approximately 19% of its fiscal year lead requirements.</li></ul><h4>Outlook / Guidance</h4>EnerSys continues to evaluate the potential impacts of U.S. tariffs and retaliatory actions, noting that its international structure may mitigate some financial effects. The company anticipates higher average selling prices in fiscal 2026 compared to fiscal 2025 due to the lag in passing on inflationary cost increases. EnerSys is also assessing the effects of the Inflation Reduction Act, which could materially affect recognized and expected benefits from the advanced manufacturing production credit.

Enersys | 10-K: FY2026 Revenue Beats Estimate at USD 3.751 B