Littelfuse 10-Q Details Record Q3: $766.7M Sales, $4.49 EPS, $28.5M Elmos Fee
LFUS sits 64% above its 52-week low of $233.36.
Summary
Littelfuse's Q3 10-Q confirms record sales of $766.7M (+22.7%) and diluted EPS of $4.49, with a $28.5M Elmos amendment fee and $6.2M of restructuring/impairment charges weighing on the quarter. Debt fell to $629.9M and cash rose to $824.8M.
Key Events · Earnings and Guidance · LFUS
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Record Q3 Sales and EPS
Net sales rose 22.7% to $766.7M and net income jumped 66% to $115.4M, or $4.49 per diluted share, versus $2.77 a year ago.
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Elmos Fee Cuts Revenue
A one-time €24.6M ($28.5M) amendment fee to Elmos was recorded as a reduction of net sales in Q3, trimming gross margin by about 2.1 points; €15M is payable in Q4 2026 and €9.6M in Q2 2027.
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Restructuring and Impairments
Q3 charges were $6.2M ($33.7M year-to-date), including $13.4M of year-to-date fixed-asset impairments tied to closing or disposing of two semiconductor manufacturing sites.
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Debt Paydown and Cash Build
Total debt fell to $629.9M from $802.6M at December 27, 2025, while cash and equivalents rose $261.4M to $824.8M; $599.9M remains available on the revolver.
Analysis · LFUS · Manufacturing
The 10-Q puts hard numbers behind the record quarter announced this morning and adds items the 8-K did not carry. Q3 sales rose 22.7% to $766.7M and net income jumped 66% to $115.4M ($4.49 diluted), with gross margin up 2.9 points to 41.5% on volume leverage in Electronics and Industrial. Two things temper the headline: a one-time €24.6M ($28.5M) fee paid to Elmos cut net sales and cost the quarter about 2.1 points of gross margin, and restructuring/impairment charges of $6.2M in the quarter ($33.7M year-to-date, including $13.4M of fixed-asset write-downs on two semiconductor sites being closed or sold) show the semiconductor cleanup is still running. The balance sheet is the quiet positive — debt is down to $629.9M from $802.6M at year-end and cash is $824.8M, with $599.9M still available on the revolver. A newly disclosed customer product recall tied to Littelfuse fuses is flagged as a reasonably possible loss with no accrual yet, so the size is unknown.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 38.5% of the 1020 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LFUS was trading at $382.92 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $9.7B. The 52-week trading range was $233.36 to $500.57. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.