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EnerSys ENS Contract Liabilities

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Other financials

Income statement

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Revenue$987.9M+1.3%
Gross profit$290.9M-4.2%
Operating income$123.7M-5.8%
Net income$77.3M-19.9%
EPS (diluted)$2.05-14.9%

Balance sheet

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Cash & equivalents$438.7M+27.8%
Total debt$1.2B-1.6%
Total equity$1.9B-0.6%
Total assets$4.0B+0.8%

Cash flow

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Operating cash flow$144.0M+6.5%
CapEx$12.8M-57.6%
Free cash flow$131.2M+25.0%

Valuation

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Market cap$6.92B+96.8%
Enterprise value$7.67B+71.5%
P/E23.6×+13.6×
P/S1.9×+0.9×

Profitability

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Gross margin29.3%-0.9pp
Operating margin11.4%-1.5pp
Net margin7.8%-2.2pp
FCF margin12.5%+8.6pp

Returns & leverage

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Return on equity15.4%-4.5pp
Debt / equity0.6×0.0×
Current ratio2.7×0.0×

Where this comes from

Reported directly by EnerSys in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: EnerSys’s 10-Q, filed February 4, 2026.

Filed
Feb 4, 2026, 4:15 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0001289308-26-000004

Any payments that are received from a customer in advance, prior to the satisfaction of a related performance obligation and billings in excess of revenue recognized, are deferred and treated as a contract liability. Advance payments and billings in excess of revenue recognized are classified as current or non-current based on the timing of when recognition of revenue is expected. As of December 28, 2025, the current and non-current portion of contract liabilities were $37,300 and $1,346, respectively. As of March 31, 2025, the current and non-current portion of contract liabilities were $28,820 and $488, respectively. Revenues recognized during the third quarter of fiscal 2026 and 2025 that were included in the contract liability at the beginning of the quarter amounted to $7,875 and $6,829, respectively. Revenues recognized during the nine months of fiscal 2026 and 2025 that were included in the contract liability at the beginning of the year, amounted to $7,107 and $9,713, respectively.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is EnerSys's contract liabilities?
EnerSys (ENS) reported contract liabilities of $1.35M in Q4 2025.
How has EnerSys's contract liabilities changed year-over-year?
EnerSys's contract liabilities increased by 114.0% year-over-year, from $629K to $1.35M.
What is the long-term trend for EnerSys's contract liabilities?
Over 4 years (2021 to 2025), EnerSys's contract liabilities has grown at a -30.3% compound annual growth rate (CAGR), from $2.07M to $488K.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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