Filing Flows › EnerSys (ENS) › Q3 FY26
EnerSys (ENS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 4, 2026
EnerSys (ENS) reported revenue of $919M for the third quarter fiscal 2026 (Q3 FY26), +1% from a year earlier and -3% from the quarter before. Operating margin was 13.5%, net earnings $90.4M (9.8% of revenue).
EnerSys, Q3 FY26: revenue $919M (+1% year over year), operating margin 13.5%, net earnings $90.4M, operating cash flow $185M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $919M | -3% | +1% |
| Gross profit | $276M | -0.3% | -7% |
| Operating profit | $124M | +35% | -13% |
| Net earnings | $90.4M | +32% | -21% |
| Operating cash flow | $185M | -15% | +128% |
| Free cash flow | $171M | — | +202% |
What changed
Revenue was $919.1M in Q3 FY26, up 1% year over year and down 3% from the previous quarter. Product was the largest line at 90% of revenue. Product added $9.1M year over year (up 1%), 70% of the total change.
Gross margin was 30.1%, down 2.8 points from Q3 FY25. Operating profit was $124.2M, a 13.5% margin (down 2.2 points year over year). Operating profit fell $18.4M even though revenue rose $13.0M versus Q3 FY25, so costs grew faster than sales. Operating expenses fell 2% while revenue rose 1%. Net earnings were $90.4M, down 21% year over year. The effective tax rate was 14.9%.
Operating cash flow was $184.6M (up 128% year over year), 204% of net earnings. Non-cash charges added back $29.7M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items added $57.1M. After capital Expenditures ($13.3M), free cash flow as the company reports it was $171.3M.
Questions
What was EnerSys' revenue in the third quarter fiscal 2026?
EnerSys (ENS) reported revenue of $919M for the third quarter fiscal 2026 (Q3 FY26), +1% from a year earlier and -3% from the quarter before.
Was EnerSys profitable in the third quarter fiscal 2026?
Operating profit was $124M (13.5% of revenue) and net earnings $90.4M.
Source: EnerSys 10-Q on SEC EDGAR.