Littelfuse (LFUS) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, January 28, 2026 astatine 9:16 AM CST 28 min read

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Wednesday, January 28, 2026 astatine 9 a.m. ET

• Chief Executive Officer — Greg Henderson

• Executive Vice President, Chief Financial Officer — Abhishek Khandelwal

Greg Henderson: Thank you, David, and convey you to everyone for joining america today. This morning, I volition supply highlights connected our 4th quarter, past an update connected the advancement we are making connected our strategical priorities. But I wanted to commencement by highlighting 2 caller breathtaking developments. First, we closed the acquisition of Basler Electric successful December. Basler strengthens our high-power capabilities and expands our positioning successful cardinal maturation markets, including grid and inferior infrastructure, and information center. I got the accidental to conscionable their enactment and method teams past month, and this near maine adjacent much excited astir Basler's marketplace and exertion positioning, scalability, and semipermanent maturation opportunities with Littelfuse, Inc.

Second, we are excited to denote that we volition big an capitalist time connected May 14 successful New York, wherever we volition supply a elaborate reappraisal of our strategy and semipermanent fiscal goals. I look guardant to sharing much astir Littelfuse, Inc. and our opportunities astatine this event.

Now turning to our 4th quarter. We delivered beardown show with year-over-year gross maturation of 12%. Across our businesses, we proceed to thrust momentum successful our high-growth markets. We delivered double-digit gross maturation successful information center, grid and inferior infrastructure, and renewables markets. Automotive grew mid-single digits contempt declining planetary conveyance accumulation successful the quarter. Finally, we are seeing emerging signs of broad-based concern betterment into 2026. In the 4th quarter, our teams besides delivered connected our operational excellence priority, which culminated successful our net results exceeding the precocious extremity of our guidance range. Throughout 2025, we remained focused connected executing our strategical priorities, and we exited the twelvemonth with a robust backlog and sizeable momentum.

Entering 2026, we are well-positioned to thrust beardown performance. We expect to present double-digit first-quarter gross maturation and important net enlargement supported by our fourth-quarter bookings, up much than 20% versus the anterior year. Abhi volition sermon circumstantial results and our outlook successful much item shortly. But I privation to convey our planetary teams for their persistent hard enactment and efforts.

Now I privation to stock the advancement we are making arsenic we heighten our absorption connected aboriginal maturation opportunities. Our extremity markets necessitate progressively higher powerfulness and higher vigor density solutions from Littelfuse, Inc. We are seeing broad-based momentum reflected successful our 2025 plan wins, which were up double-digit comparative to the anterior year. Today, I wanted to specifically item our grid and inferior infrastructure opportunity. If you crook to Slide 6, our presumption successful this high-growth marketplace was importantly bolstered by the closing of our Basler Electric acquisition this past December. With astir $3 trillion expected to beryllium invested successful grid modernization done 2030, the marketplace is demanding much precocious and higher powerfulness extortion excitation systems.