Littelfuse Q2 Sales Surge 20%, Guides Q3 Above Street; Raises Dividend 7%

summarizeSummary

Littelfuse reported Q2 2026 results well ahead of expectations, with 20% revenue growth and adjusted EPS of $4.19. The company issued Q3 guidance above consensus and raised its dividend by 7%.

check_boxKey Events · Earnings and Guidance · LFUS

• Q2 Revenue +20%, Adjusted EPS $4.19

  Net sales of $739 million grew 20% year-over-year, with organic growth of 14%. Adjusted diluted EPS of $4.19 beat the year-ago $2.85 by 47%.

• Q3 Guidance Raised Significantly

  Management guided Q3 net sales to $780–$800 million and adjusted EPS to $4.85–$5.05, representing ~26% revenue growth and ~68% EPS growth at the midpoint versus Q3 2025.

• Dividend Increased 7% to $0.80/Share

  The quarterly cash dividend was raised from $0.75 to $0.80 per share, payable September 3, 2026 to shareholders of record August 20, 2026.

• Free Cash Flow Surges 75% to $127M

  Q2 free cash flow of $127 million was up 75% year-over-year, driven by strong operating cash flow of $146 million.

auto_awesomeAnalysis · LFUS · Manufacturing

A strong beat-and-raise quarter underscores Littelfuse's momentum. Broad-based demand drove a 20% jump in Q2 revenue to $739 million, while adjusted EPS of $4.19 crushed the prior-year's $2.85. Looking ahead, management guided Q3 revenue to $780–$800 million and adjusted EPS to $4.85–$5.05, well above the year-ago $2.95. Financial strength is further highlighted by a 7% dividend hike to $0.80 per share and free cash flow surging 75% to $127 million. The only blemish is a $20 million restructuring charge tied to a planned facility closure, but the market will focus on the accelerating organic growth and margin expansion.