Littelfuse, Inc. · LFUS · FY2026 Q1 · Calendar Q2 2026

Littelfuse posts 19% growth as Basler adds early momentum

The quarter supports a constructive operating picture: demand in data centers, grid infrastructure and transportation was strong, margins expanded across segments, and Basler contributed early growth and design-win synergies. The main test is whether these gains persist amid commodity, HVAC, automotive and integration risks.

Reported Before market openNASDAQTechnology $9.99B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $3.31 Consensus $2.85
EPS surprise +16.1% Reported versus consensus
Reported revenue $657.0M Consensus $639.0M
Revenue surprise +2.8% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +4.5% Event window
SPY move +1.4% Same window
Abnormal move +3.1% Stock minus SPY
Volume 3.3× Versus trailing sessions
Subsequent drift +8.7% Up to 20 sessions
LFUSSPY benchmark

Ask FN2 about LFUS FY2026 Q1

Transcript, numbers and history already loaded

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Littelfuse reported Q1 sales of $657 million, up 19% year over year, with margin expansion across all segments. Basler contributed 6% of sales growth and delivered early high-power design wins; management also highlighted book-to-bill above 1.0 and sequential order momentum.

Guidance delta

Management maintained a confident outlook and provided Q2 sales guidance of $690 million-$710 million, implying 14% year-over-year growth with continued margin improvement.

Key takeaways

  • Data center and grid/utility demand remained double-digit growth areas.
  • Basler contributed earlier-than-expected revenue and design-win synergies.
  • Transportation margin increased 200 basis points year over year despite mixed conditions.

Management priorities

  • Integrate Basler and pursue additional strategic acquisitions.
  • Advance power-semiconductor rationalization and footprint optimization.
  • Expand high-power protection solutions for data center and grid infrastructure.

Follow LFUS with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
LFUS REVENUE earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q4 '23 estimate $545M Q4 '23 actual $534M, miss Q1 '24 estimate $540M Q1 '24 actual $535M, miss Q2 '24 estimate $540M Q2 '24 actual $558M, beat Q3 '24 estimate $557M Q3 '24 actual $567M, beat Q2 '25 estimate $606M Q2 '25 actual $613M, beat Q3 '25 estimate $587M Q3 '25 actual $625M, beat Q4 '25 estimate $584M Q4 '25 actual $594M, beat Q1 '26 estimate $639M Q1 '26 actual $657M, beat Q2 '26 estimate $703M Q2 '26 actual $739M, beat Q3 '26 estimate $792M Q4 '26 estimate $760M Q1 '27 estimate $768M Q2 '27 estimate $819M
Show less

Analyst Consensus ?

ConsensusHold12 ratings
Bullish758.3%
Neutral433.3%
Bearish18.4%

Analyst 52W Price Targets

$393.08Current
$175Low
$380Average
$535High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 1, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Needham Buy BuyMaintainOct 28, 2026
Baird Outperform OutperformMaintainJun 5, 2026
Oppenheimer Outperform OutperformMaintainMay 7, 2026
Benchmark Buy HoldUpgradeJan 29, 2026
Stifel Buy HoldUpgradeAug 13, 2024
Show 7 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $393.08. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Robert W. BairdAnalyst unavailable$535$480.24 +36.1%Jun 5, 2026
Williams TradingDavid Williams$520$441.67 +32.3%May 7, 2026
OppenheimerAnalyst unavailable$500$441.67 +27.2%May 7, 2026
Williams TradingDavid Williams$450$404.17 +14.5%May 1, 2026
OppenheimerChristopher Glynn$430$383.55 +9.4%Apr 10, 2026
See 13 more

Track every rating change on LFUS the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Littelfuse, Inc. is an industrial technology manufacturing company, which engages in the business of designing, manufacturing, and selling electronic components, modules, and subassemblies to empower the long-term secular growth themes of sustainability, connectivity, and safety. It operates through the following segments: Electronics, Transportation, and Industrial. The Electronics segment includes a broad range of end markets including industrial motor drives, power conversion, automotive electronics, electric vehicle and related charging infrastructure, aerospace, power supplies, data centers and telecommunications, medical devices, alternative energy and energy storage, building and home automation, appliances, and mobile electronics.…

Historical context

All LFUS earnings

Technology peers this season

Latest reports in the same sector

Latest beats and misses

Who reports next

Get the LFUS recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-11-01T15:30:40.502736+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-01T15:30:40.499909+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-11-01. For educational purposes only; not investment advice.