Filing Flows › EnerSys (ENS) › Q1 FY26
EnerSys (ENS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 6, 2025
EnerSys (ENS) reported revenue of $893M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and -8% from the quarter before. Operating margin was 9.7%, net earnings $57.5M (6.4% of revenue).
EnerSys, Q1 FY26: revenue $893M (+5% year over year), operating margin 9.7%, net earnings $57.5M, operating cash flow $968K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $893M | -8% | +5% |
| Gross profit | $253M | -17% | +6% |
| Operating profit | $86.5M | -34% | -5% |
| Net earnings | $57.5M | -40% | -18% |
| Operating cash flow | $968K | -99% | -91% |
What changed
Revenue was $893.0M in Q1 FY26, up 5% year over year and down 8% from the previous quarter. Product was the largest line at 90% of revenue. Product added $47.3M year over year (up 6%), 118% of the total change. Service declined 8%.
Gross margin was 28.4%, up 0.4 points from a year earlier. Operating profit was $86.5M, a 9.7% margin (down 1.0 points year over year). Operating profit fell $4.9M even though revenue rose $40.1M versus a year earlier, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 5%. Net earnings were $57.5M, down 18% year over year. The effective tax rate was 12.5%.
Operating cash flow was $1.0M (down 91% year over year), 2% of net earnings. Non-cash charges added back $26.9M of depreciation and amortization and $17.6M of share-based compensation. Working capital and other items used $101.0M. Capital expenditures of $33.0M exceeded it, leaving free cash flow of −$32.1M.
Questions
What was EnerSys' revenue in the first quarter fiscal 2026?
EnerSys (ENS) reported revenue of $893M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and -8% from the quarter before.
Was EnerSys profitable in the first quarter fiscal 2026?
Operating profit was $86.5M (9.7% of revenue) and net earnings $57.5M.
Source: EnerSys 10-Q on SEC EDGAR.