CTS CORP
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
CONTENTS
| ITEM · PAGE | ||
|---|---|---|
| PART I | ||
| 1. | Business | 4 |
| 1A. | Risk Factors | 9 |
| 1B. | Unresolved Staff Comments | 22 |
| 1C. | Cybersecurity | 22 |
| 2. | Properties | 23 |
| 3. | Legal Proceedings | 24 |
| 4. | Mine Safety Disclosures | 24 |
| PART II | ||
| 5. | Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities | 25 |
| 6. | [Reserved] | 25 |
| 7. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 26 |
| 7A. | Quantitative and Qualitative Disclosures About Market Risk | 31 |
| 8. | Financial Statements and Supplementary Data | 33 |
| 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 73 |
| 9A. | Controls and Procedures | 73 |
| 9B. | Other Information | 75 |
| 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 75 |
| PART III | ||
| 10. | Directors, Executive Officers and Corporate Governance | 75 |
| 11. | Executive Compensation | 75 |
| 12. | Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters | 76 |
| 13. | Certain Relationships and Related Transactions, and Director Independence | 76 |
| 14. | Principal Accountant Fees and Services | 76 |
| PART IV | ||
| 15. | Exhibits and Financial Statements Schedules | 77 |
| Signatures | 79 | |
CTS CORPORATION 2
Safe Harbor
Forward-Looking Statements
Readers are cautioned that the statements contained in this document regarding expectations of our performance or other matters that may affect our business, results of operations, or financial condition are, or may be deemed to be, “forward-looking statements” as defined by the “safe harbor” provisions in the Private Securities Litigation Reform Act of 1995. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included or incorporated in this document, including statements regarding our strategy, financial position, guidance, funding for continued operations, cash reserves, liquidity, projected costs, plans, projects, awards and contracts, and objectives of management, among others, are forward-looking statements. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “continued,” “project,” “plan,” “goals,” “opportunity,” “appeal,” “estimate,” “potential,” “predict,” “demonstrates,” “may,” “will,” “might,” “could,” “intend,” “shall,” “possible,” “would,” “approximately,” “likely,” “outlook,” “schedule,” “on track,” “poised,” “pipeline,” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are not guarantees of future performance, conditions or results. Forward-looking statements are based on management’s expectations, certain assumptions, and currently available information. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on various assumptions as to future events, the occurrence of which necessarily are subject to uncertainties. These forward-looking statements are made subject to certain risks, uncertainties, and other factors, which could cause CTS’ actual results, performance, or achievements to differ materially from those presented in the forward-looking statements. Examples of factors that may affect future operating results and financial condition include, but are not limited to: supply chain disruptions (including, but not limited to, the availability and cost of rare earth elements, minerals and metals); changes in the economy generally, including inflationary and/or recessionary conditions and increased tariffs, and in respect to the business in which CTS operates; unanticipated issues in integrating acquisitions; the funding of contracts by the U.S. Government; the results of actions to reposition CTS’ business; rapid technological change; general market conditions in the transportation, as well as conditions in the industrial, aerospace and defense, and medical markets; reliance on key customers; unanticipated public health crises, natural disasters or other events; environmental compliance and remediation expenses; the ability to protect CTS’ intellectual property; pricing pressures and demand for CTS’ products; risks associated with CTS’ international operations, including trade and tariff barriers, exchange rates and political and geopolitical risks (including, without limitation, the impact of tariffs on China, Canada and Mexico, and other nations); the potential impact of U.S./China relations and the impact of geopolitical conflicts may have on our business, results of operations and financial condition; write offs of goodwill on our balance sheet; the amount and timing of any share repurchases; and the effect of any cybersecurity incidents on our business. Many of these, and other risks and uncertainties, are discussed in further detail in Item 1A. of this Annual Report on Form 10-K and other filings made with the SEC. CTS undertakes no obligation to publicly update CTS’ forward-looking statements to reflect new information or events or circumstances that arise after the date hereof, including market or industry changes.
CTS CORPORATION 3
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.