Filing Flows › Littelfuse (LFUS) › Q1 2026
Littelfuse (LFUS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Littelfuse (LFUS) reported revenue of $657M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +11% from the quarter before. Operating margin was 15.4%, net earnings $75.1M (11.4% of revenue).
Littelfuse, Q1 2026: revenue $657M (+18% year over year), operating margin 15.4%, net earnings $75.1M, operating cash flow $80.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $657M | +11% | +19% |
| Gross profit | $254M | +13% | +23% |
| Operating profit | $101M | — | +44% |
| Net earnings | $75.1M | — | +72% |
| Operating cash flow | $80.3M | -42% | +22% |
| Free cash flow | $66.2M | — | +55% |
What changed
Revenue was $657.0M in Q1 2026, up 19% year over year and up 11% from the previous quarter. Electronics – Passive Products and Sensors was the largest line at 28% of revenue. Industrial Products added $38.6M year over year (up 45%), 38% of the total change.
Gross margin was 38.7%, up 1.3 points from Q1 2025. Operating profit was $101.2M, a 15.4% margin (up 2.7 points year over year). Of the extra revenue versus Q1 2025, 30% reached operating profit, above the 13% margin then. Operating expenses grew 12% against revenue growth of 19%. The fastest-growing cost line was Research & development (+14%). Net earnings were $75.1M, up 72% year over year. The effective tax rate was 22.3%.
Operating cash flow was $80.3M (up 22% year over year), 107% of net earnings. Non-cash charges added back $35.5M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $36.0M. After purchases of property, plant, and equipment ($14.1M), free cash flow as the company reports it was $66.2M.
Questions
What was Littelfuse's revenue in the first quarter 2026?
Littelfuse (LFUS) reported revenue of $657M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +11% from the quarter before.
Was Littelfuse profitable in the first quarter 2026?
Operating profit was $101M (15.4% of revenue) and net earnings $75.1M.
Source: Littelfuse 10-Q on SEC EDGAR.