What is EnerSys's specialty — severance payments?

EnerSys (ENS) reported specialty — severance payments of $63K in Q1 2026.

How has EnerSys's specialty — severance payments changed year-over-year?

EnerSys's specialty — severance payments decreased by 36.5% year-over-year, from $99.25K to $63K.

What does specialty — severance payments mean?

Costs associated with employee termination benefits within the Specialty segment, typically incurred during restructuring or downsizing initiatives. This reflects the cash outflow required to reduce headcount or reorganize operations.

EnerSys (ENS) Specialty — Severance payments

Screener

Other segment segments

Motive Power

$1.71M+14.8%

Energy Systems

$290K-65.5%

Similar metrics at other companies

KELYBEducation — Severance

$100K—

ALBSeverance Costs

$1.8M—

PLTKSeverance Costs

$1.6M-40.7%

TFX

TFXSeverance Costs

$1.33M—

TACTTransact — Severance Costs1

$42K+500%

VRADirect — Severance charges

$334K+2,127%

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 specialty — severance payments?: EnerSys (ENS) reported specialty — severance payments of $63K in Q1 2026.
How has EnerSys's specialty — severance payments changed year-over-year?: EnerSys's specialty — severance payments decreased by 36.5% year-over-year, from $99.25K to $63K.
What does specialty — severance payments mean?: Costs associated with employee termination benefits within the Specialty segment, typically incurred during restructuring or downsizing initiatives. This reflects the cash outflow required to reduce headcount or reorganize operations.