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EnerSys ENS Motive Power — Severance payments

Other segment segments

Energy Systems
$290K-65.5%
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 2026, 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 $1,720 to approximately 127 employees. The charges related to Motive Power primarily related to severance payments amounted to $1,713 to approximately 148 employees.The charges related to Specialty severance payments amounted to $252 to approximately 15 employees.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is EnerSys's motive power — severance payments?
EnerSys (ENS) reported motive power — severance payments of $428.25K in Q1 2026.
How has EnerSys's motive power — severance payments changed year-over-year?
EnerSys's motive power — severance payments increased by 14.8% year-over-year, from $373K to $428.25K.
What is the long-term trend for EnerSys's motive power — severance payments?
Over 2 years (2024 to 2026), EnerSys's motive power — severance payments has grown at a -20.5% compound annual growth rate (CAGR), from $2.71M to $1.71M.
What does motive power — severance payments mean?
Cash outflows related to the termination of employees within the Motive Power segment as part of organizational restructuring or downsizing. This metric highlights the cost of workforce optimization efforts.

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