EnerSys
For the period ended Dec 28, 2025. Filed Feb 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 28, 2025 · Filed Feb 4, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the quarterly period ended December 28, 2025
| ☐ | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from to
Commission File Number:001-32253
EnerSys
(Exact name of registrant as specified in its charter)
| Delaware | 23-3058564 |
|---|---|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. EmployerIdentification No.) |
2366 Bernville Road
Reading, Pennsylvania 19605
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code:610-208-1991
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.01 par value per share | ENS | New York Stock Exchange |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ý Yes ¨ No.
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ý No¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Securities Exchange Act of 1934.
| Large Accelerated Filer | ý | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act of 1934).☐ Yesý No.
Common Stock outstanding at January 30, 2026:36,851,374 shares
EnerSys
INDEX – FORM 10-Q
| Page | |||
|---|---|---|---|
| PART I – FINANCIAL INFORMATION | |||
| Item 1. | Financial Statements | ||
| Consolidated Condensed Balance Sheets (Unaudited) as of December 28, 2025 and March 31, 2025 | 3 | ||
| Consolidated Condensed Statements of Income (Unaudited) for the Quarters Ended December 28, 2025 and December 29, 2024 | 4 | ||
| Consolidated Condensed Statements of Income (Unaudited) for the Nine Months Ended December 28, 2025 and December 29, 2024 | 5 | ||
| Consolidated Condensed Statements of Comprehensive Income (Unaudited) for the Quarters and Nine Months Ended December 28, 2025 and December 29, 2024 | 6 | ||
| Consolidated Condensed Statements of Cash Flows (Unaudited) for the Nine Months Ended December 28, 2025 and December 29, 2024 | 7 | ||
| Notes to Consolidated Condensed Financial Statements (Unaudited) | 8 | ||
| 1 | Basis of Presentation | 8 | |
| 2 | Acquisition | 9 | |
| 3 | Revenue Recognition | 10 | |
| 4 | Accounts Receivable | 10 | |
| 5 | Inventories | 11 | |
| 6 | Fair Value of Financial Instruments | 11 | |
| 7 | Derivative Financial Instruments | 13 | |
| 8 | Income Taxes | 17 | |
| 9 | Warranty | 18 | |
| 10 | Commitments, Contingencies and Litigation | 18 | |
| 11 | Restructuring and Other Exit Charges | 18 | |
| 12 | Debt | 22 | |
| 13 | Retirement Plans | 24 | |
| 14 | Stock-Based Compensation | 25 | |
| 15 | Stockholders’ Equity and Noncontrolling Interests | 25 | |
| 16 | Earnings Per Share | 31 | |
| 17 | Business Segments | 31 | |
| 18 | Subsequent Events | 34 | |
| Item 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 35 | |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 53 | |
| Item 4. | Controls and Procedures | 54 | |
| PART II – OTHER INFORMATION | |||
| Item 1. | Legal Proceedings | 55 | |
| Item 1A. | Risk Factors | 55 | |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 56 | |
| Item 4. | Mine Safety Disclosures | 56 | |
| Item 5. | Other Information | 56 | |
| Item 6. | Exhibits | 57 | |
| SIGNATURES | 58 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.