Rogers Corporation · NYSE:ROG
Rogers — Q3 2026 Earnings Presentation
17 slides from Rogers's earnings presentation, Oct 27, 2026
Slide 1: Q3 2026 Earnings Call
Q3 2026 Earnings Call October 27, 2026 1
Slide 2: Forward Looking Statements
Forward Looking Statements Safe Harbor Statement Statements included in this presentation that are not a description of historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 193
Slide 3: Non-GAAP and Additional Information
Non-GAAP and Additional Information Non-GAAP Information This presentation includes the following financial measures that are not presented in accordance with generally accepted accounting principles in the United States of America (“GAAP”): 1) Adjusted operating expenses, which the Company defines
Slide 4: Q3 2026 Summary
Q3 2026 Summary Q3 2026 Highlights Key Initiatives Q4 Outlook ▪ +9% YoY revenue growth, all end- ▪ Core Growth: Secured new design ▪ +9% YoY revenue growth, with higher markets higher. wins in Q3. electronics and communications, ▪ +54% YoY adjusted EPS growth and ▪ High-Growth Adjacencies: Making A&
Slide 5: Q3 2026 Sales by End Market
Q3 2026 Sales by End Market Q3’26 % YTD % Market Comment versus Q3’25 results of Sales of Sales Low-single-digit growth with higher sales in renewable energy and other Industrial1 34% 36% applications. Revenues increased in all regions. High-single-digit growth from improved ADAS sales and stronger
Slide 6: Executing on Strategy to Accelerate Growth
Executing on Strategy to Accelerate Growth Core Market Progress High-Growth Adjacencies Achieve ~5% growth rate Leveraging existing capabilities ▪ Secured new A&D, automotive and ▪ Datacenters: Customer testing of signal industrial design wins in Q3. integrity and chip cooling solutions ▪ Design win
Slide 7: Financial Summary
Financial Summary (in millions, except for EPS) Q3’26 Q2’26 Q3’25 Net sales $236.1 $216.8 $216.0 Q3’26 Sales +9.3% YoY. $2.4M FX benefit. AES sales +13.5% YoY. Improvement in all end Gross margin % 34.2% 32.5% 33.5% markets. Net income (loss) $22.6 $13.6 $8.6 EMS sales +4.3% YoY. Higher automotive a
Slide 8: Q3 2026 Adjusted EBITDA
Q3 2026 Adjusted EBITDA* $10.9 $0.0 $1.3 $0.1 $47.7 $1.4 $37.2 Q3'25 Volume / Mix New factory Operational Adjusted Other income Q3'26 performance excellence operating (expense) expenses 1 Significant expansion in adjusted EBITDA driven by topline growth 8 *See appendix for reconciliation of adjusted
Slide 9: Q3 2026 Cash Utilization
Q3 2026 Cash Utilization $47.7 $0.8 $6.0 $3.6 $4.6 $9.3 $236.4 $211.4 Jun 30, 2026 Adj. EBITDA 1 Capex Working capital Cash taxes Share Restructuring and Sep 30, 2026 Cash and change 2 paid repurchases other Cash and Short-Term Short-Term Investments Investments Increasing strategic flexibility with
Slide 10: Q4 2026 Guidance
Q4 2026 Guidance Q4’26 Net sales $215M to $225M Sales midpoint of $220M increasing 9% YoY Gross margin 32.5% to 33.5% Adjusted earnings per diluted share* $0.90 to $1.10 Adj. EBITDA midpoint of $40M or 18.2% of Adjusted EBITDA* $37M to $43M sales is improving 110 bps YoY 2026 Capital Expenditures $3
Slide 11: Appendix
11 Appendix CORPORATION
Slide 12: Historical Sales By End Market
Historical Sales By End Market Q3’25 % of FY 2025 % of Q3’26 % of Market Sales Sales Sales Industrial1 36% 36% 34% Automotive2 25% 26% 24% Electronics & 19% 16% 20% Communications3 Aerospace & 16% 16% 15% Defense 12 1 – Includes general industrial, renewable energy and mass transit. 2 – Includes EV/
Slide 13: Q3 2026: Adjusted Operating Expenses Reconciliation
Q3 2026: Adjusted Operating Expenses Reconciliation* ($ in millions) Q3 2026 Q2 2026 Q3 2025 GAAP Operating Expenses $50.6 $50.4 $56.7 Intangible Amortization ($2.7) ($2.6) ($2.8) Restructuring, Severance, Impairment and Other Related Costs ($1.0) ($0.7) ($7.1) Total Adjustments ($3.7) ($3.3) ($9.9)
Slide 14: Q3 2026: Adjusted Earnings Per Diluted Share Reconciliation
Q3 2026: Adjusted Earnings Per Diluted Share Reconciliation Q3 2026 Q2 2026 Q3 2025 GAAP Earnings (Loss) Per Diluted Share $1.26 $0.76 $0.48 Intangible Amortization $0.15 $0.14 $0.15 Restructuring, Severance, Impairment and Other Related Costs $0.06 $0.04 $0.39 Estimated Income Tax Impact of Adjustm
Slide 15: Q3 2026: Adjusted EBITDA and Margin Reconciliation
Q3 2026: Adjusted EBITDA and Margin Reconciliation ($ in millions) Q3 2026 Q2 2026 Q3 2025 GAAP Net Income (Loss) $22.6 $13.6 $8.6 Intangible Amortization $2.7 $2.6 $2.8 Restructuring, Severance, Impairment and Other Related Costs $1.0 $0.7 $7.1 Interest (Income) Expense, net ($0.6) ($0.3) ($0.2) In
Slide 16: Q3 2026: Free Cash Flow Reconciliation
Q3 2026: Free Cash Flow Reconciliation ($ in millions) Q3 2026 Q2 2026 Q3 2025 Net Cash Provided By Operating Activities $41.4 $24.4 $28.9 Non-Acquisition Capital Expenditures ($6.0) ($6.1) ($7.7) Free Cash Flow $35.4 $18.3 $21.2 16 Note: dollars may not add due to rounding. *Free cash flow defined
Slide 17: ©2026 Rogers Corporation. All Rights Reserved.
17 ©2026 Rogers Corporation. All Rights Reserved.