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CTS Corporation CTS Interest Expense

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Other financials

Income statement

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Revenue$144.8M+7.0%
Gross profit$60.0M+14.5%
Operating income$26.8M+17.9%
Net income$19.2M+3.4%
EPS (diluted)$0.66+6.5%

Balance sheet

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Cash & equivalents$107.5M+8.1%
Total debt$34.9M+42.1%
Total equity$572.8M+4.1%
Total assets$791.5M+0.9%

Cash flow

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Operating cash flow$33.4M+17.9%
CapEx$4.6M+39.6%
Free cash flow$28.9M+15.1%

Valuation

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Market cap$1.89B+67.1%
Enterprise value$1.82B+72.1%
P/E27.1×+9.5×
P/S3.4×+1.2×

Profitability

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Gross margin39.7%+2.0pp
Operating margin16.4%+1.1pp
Net margin12.4%0.0pp
FCF margin16.2%-0.6pp

Returns & leverage

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Return on equity12.4%+0.5pp
Debt / equity0.1×0.0×
Current ratio2.6×0.0×

Where this comes from

Reported directly by CTS Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The source filing: CTS Corporation’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 2:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-320492
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Restructuring charges94297480749
Operating earnings26,80122,73148,78339,015
Other (expense) income:
Interest expense(704)(1,121)(1,412)(2,289)
Interest income5716221,0511,068
Other (expense) income, net(430)750(511)1,307
Total other (expense) income, net(563)251(872)86
Earnings before income taxes26,23822,98247,91139,101

Item 1. Financial Statements

FAQ

What is CTS Corporation's interest expense?
CTS Corporation (CTS) reported interest expense of $704K in Q2 2026.
How has CTS Corporation's interest expense changed year-over-year?
CTS Corporation's interest expense decreased by 37.2% year-over-year, from $1.12M to $704K.
What is the long-term trend for CTS Corporation's interest expense?
Over 4 years (2021 to 2025), CTS Corporation's interest expense has grown at a 19.5% compound annual growth rate (CAGR), from $2.11M to $4.31M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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