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EnerSys ENS Energy Systems — Severance payments

Other segment segments

Motive Power
$1.71M+14.8%
Specialty
$252K-36.5%

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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:SeveranceCosts1.

The source filing: EnerSys’s 10-K, filed May 20, 2026.

Filed
May 20, 2026, 4:17 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-036900

During fiscal 2025, the Company announced and completed restructuring programs in all reportable segments to improve operational efficiencies. The charges related to Energy Systems severance payments amounted to $3,364 to approximately 160 employees. The charges related to Motive Power severance payments amounted to $1,492 to approximately 66 employees.The charges related to Specialty severance payments amounted to $397 to approximately 4 employees.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is EnerSys's energy systems — severance payments?
EnerSys (ENS) reported energy systems — severance payments of $290K in Q1 2026.
How has EnerSys's energy systems — severance payments changed year-over-year?
EnerSys's energy systems — severance payments decreased by 65.5% year-over-year, from $841K to $290K.
What is the long-term trend for EnerSys's energy systems — severance payments?
Over 3 years (2022 to 2025), EnerSys's energy systems — severance payments has grown at a 37.9% compound annual growth rate (CAGR), from $1.28M to $3.36M.
What does energy systems — severance payments mean?
Cash outflows related to the termination of employees within the Energy Systems segment as part of workforce reductions or organizational restructuring. This reflects the immediate financial cost of downsizing or realigning human capital.

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