Littelfuse, Inc. Q2 FY26 Results — Earnings Call Analysis
Published 30 May 2026 | Electronic Equipment, Instruments and Components | Market Cap: ₹12.0K Cr
- Littelfuse expects continued solid demand supported by strong backlog and customer traction into Q2 2026. - Littelfuse expects continued solid demand across key markets with Q2 net sales guidance of $690M to $710M, reflecting 14% growth vs.
From Littelfuse, Inc.'s Q2 FY26 earnings-call transcript · updated 30 May 2026.
Price
₹473.6
Market Cap
₹12.0K Cr
P/E Ratio
27.6
Revenue Rank
Margin Rank
How does Littelfuse, Inc. rank in Electronic Equipment, Instruments and Components?
Compare Littelfuse, Inc. against every Electronic Equipment, Instruments and Components company this quarter on revenue, margins and earnings-call signals.
📊 Revenue & Sales Performance
Rank 3- →Littelfuse expects continued solid demand supported by strong backlog and customer traction into Q2 2026.
- →Q2 net sales guidance is $690 million to $710 million, representing 14% growth year-over-year with 8% organic growth and 6% from Basler acquisition.
- →The company anticipates broad-based demand strength across key markets, including data center, diversified industrials, transportation, and grid utility infrastructure.
- →Book-to-bill ratio remains well above 1.0 with bookings up over 20% year-over-year, indicating ongoing order momentum and sequential improvement within Q1.
- →Double-digit design win growth is expected in transportation and logistics for 2026.
- →Long-term growth is driven by electrification megatrends, grid modernization, data center expansion, and expanding customer partnerships.
- →Basler acquisition is accelerating growth and contributing significant revenue beyond expectations.
- →Littelfuse plans continued organic and inorganic growth, with acquisitions aligned to their strategic priorities.
📈 Profitability & Margins
Rank 3- →Littelfuse expects continued solid demand across key markets with Q2 net sales guidance of $690M to $710M, reflecting 14% growth vs. prior year (8% organic growth, 6% from Basler acquisition).
- →Adjusted diluted EPS for Q2 is projected between $3.65 and $3.85.
- →Long-term flow-through on earnings is expected around 30%-35%, with quarterly variations (Q1 was 38%, Q2 guided at 31%).
- →Mid- to long-term margin improvement anticipated in the Electronics segment, particularly through product rationalization and footprint optimization in power semiconductors.
- →Data center and diversified industrial markets are key growth drivers with strong design win pipelines and broad-based demand.
- →The Basler acquisition enhances growth and profitability, with long-term revenue synergies expected.
- →Operational excellence and disciplined execution are driving margin expansion across segments, with transportation margins up 200 bps in Q1.
🏗️ Capital Expenditure Plans
Yes💰 Fundraising & Capital Structure
No information- →Littelfuse currently has ample capacity for acquisitions given their balance sheet.
- →Their net leverage ratio is approximately 1x, indicating a strong and manageable debt position.
- →They plan to pursue acquisitions as part of their growth strategy and will provide clear targets for the next 5 years at their upcoming Investor Day.
- →No specific mention of new fundraising through debt or equity in the near term.
- →The company emphasizes disciplined acquisition approach aligned with strategy and has strong liquidity.
- →Overall, their balance sheet supports growth initiatives without indicating immediate plans for raising new debt or equity.
📋 Order Book & Pipeline
Yes- →Littelfuse exited Q1 2026 with a book-to-bill ratio well above 1.0, indicating strong order intake relative to shipments.
- →Bookings were up more than 20% year-over-year in Q1, showing significant momentum in new orders.
- →Sequential improvement in order momentum was observed from Q4 2025 to Q1 2026, with further improvement within Q1 itself.
- →The pipeline and order backlog remain strong, supported by high customer engagement and broad-based demand strength.
- →Continued order growth is expected, with strong backlog providing good visibility into the near term.
- →Growth in design wins, especially in transportation and data center markets, further supports a robust order book outlook.
- →Details and targets on growth and acquisition pipeline to be elaborated at the upcoming Investor Day.
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
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Frequently Asked Questions
What were Littelfuse, Inc. Q2 FY26 results?
- Littelfuse expects continued solid demand supported by strong backlog and customer traction into Q2 2026. - Littelfuse expects continued solid demand across key markets with Q2 net sales guidance of $690M to $710M, reflecting 14% growth vs.
What is Littelfuse, Inc. share price analysis?
Littelfuse, Inc. currently shows a below-average growth signal. The stock trades at a P/E of 27.6 with a market cap of $11,977. Investors should review the full earnings analysis for detailed insights.
Is Littelfuse, Inc. planning capital expenditure?
The transcript does not explicitly mention any specific current or future capital expenditures (capex) or strategic investments in detail.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.