Power Solutions

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across all key profitability metrics, despite a 21% YoY revenue decline. Net sales of $152.5M exceeded the $133.95M expectation by 13.9%, driven by stronger-than-expected data center power solution demand despite overall shipment timing unevenness. GAAP Diluted EPS of $0.73 was more than double the consensus mean of $0.315, supported by disciplined SG&A control and the positive contribution of the MTL acquisition. While management withheld formal FY guidance, they expect H2 FY26 sales to exceed H1 FY26 levels.