Description

Littelfuse’s $800 Million Quarter: Is Data Center Demand Rewriting Its Growth Story?

Littelfuse reported second quarter 2026 net sales of $739 million, reflecting a 20% increase year-over-year and 14% organic growth. The company cited strong volume leverage, favorable mix, and operational execution contributing to an adjusted EBITDA margin of 23.6%, up 220 basis points from the prior year, while adjusted diluted earnings per share increased 47% to $4.19. The results benefited from the Basler acquisition, contributing approximately 6% of sales growth, as well as a 1% foreign exchange tailwind. Operating cash flow totaled $146 million, with free cash flow rising 75% to $127 million. Littelfuse maintained a net leverage ratio of approximately 0.8 times and returned $90 million to shareholders, raising its quarterly dividend by 7% to $0.80 per share.