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CTS Corporation CTS Operating Income

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Other financials

Income statement

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Revenue$144.8M+7.0%
Gross profit$60.0M+14.5%
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:OperatingIncomeLoss.

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
Selling, general and administrative expenses28,39023,07754,37346,700
Research and development expenses4,7636,32611,39812,515
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

Item 1. Financial Statements

FAQ

What is CTS Corporation's operating income?
CTS Corporation (CTS) reported operating income of $26.8M in Q2 2026.
How has CTS Corporation's operating income changed year-over-year?
CTS Corporation's operating income increased by 17.9% year-over-year, from $22.73M to $26.8M.
What is the long-term trend for CTS Corporation's operating income?
Over 4 years (2021 to 2025), CTS Corporation's operating income has grown at a 2.0% compound annual growth rate (CAGR), from $76.48M to $82.64M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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