Description

EnerSys: Can Its Bold Lithium Push Unlock a Massive Data Center Windfall?

EnerSys delivered robust financial performance in the third quarter of its fiscal 2026, showcasing significant earnings growth despite relatively flat sales figures. The company reported net sales of $919 million, marking a 1% year-over-year increase. This sales stability, attributed to a favorable price/mix and a positive impact from foreign currency translation, was offset by a volume decrease of 4%. One of the critical highlights was EnerSys’ record-breaking adjusted diluted earnings per share (EPS) of $1.84, a 50% increase excluding 45X benefits. The company’s adjusted operating earnings surged by 34%, with adjusted EBITDA climbing 30%. These figures underscore successful cost management strategies and an advantageous product mix, even as some end markets, notably Motive Power & Transportation, experienced softness. EnerSys’ diversified business model demonstrated resilience, with positive growth observed in several segments.