Slide 1: Q2 2026 Earnings Release
Q2 2026 Earnings Release July 29, 2026
Slide 2: Disclaimers
DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided he
Slide 3: Our Long-Term Strategic Priorities
Our Long-Term Strategic Priorities Sharpened Partnering Enhancing Focus on Growth with Market Operational Opportunities Leaders Excellence Littelfuse, Inc. © 2026 3
Slide 4: Our Value Proposition – Delivering a Complete Set of Solutions
Our Value Proposition – Delivering a Complete Set of Solutions to Solve Customers’ Complex Challenges Overcurrent Overvoltage Advanced Protection & Power Solutions Protects against too Protects against too Provides smart, integrated much current, much voltage, control by detecting, stopping overheat
Slide 5: Q2 2026 Financial Summary
Q2 2026 FINANCIAL SUMMARY 01 Delivered results ahead of expectations while advancing our strategic priorities to drive long-term outperformance 02 Q2 Adj. EBITDA Margin of 23.6%, +220 bps vs. PY, reflecting volume leverage and operational execution 03 Continued strong cash generation with Q2 FCF of
Slide 6: Q2 2026 Total Company Financial Performance
Q2 2026 TOTAL COMPANY FINANCIAL PERFORMANCE Revenue +20% reported and +14% organic Revenue vs. PY Note +6% from Basler acquisition and +1% from FX $739 Adj. EBITDA Margin of 23.6%, +220 bps vs. $613 PY GAAP diluted EPS of $3.49, +52% vs. PY Q2-26 Q2-25 Adj. EPS of $4.19, +47% vs. PY GAAP E
Slide 7: Q2 2026 Sales & Adj. EPS Bridge
Q2 2026 SALES & ADJ. EPS BRIDGE Yr/Yr Sales Bridge Yr/Yr Adj. EPS Bridge 6% 1% $739 $1.84 14% $4.19 $(0.50) $613 $2.85 +35% Yr/Yr* Adj. EBITDA Conversion Q2 2025 Organic Growth Basler FX Q2 2026 Q2 2025 Volume & Leverage Other Q2 2026 (in millions) Note Other includes the unfavorable impact of 1H26
Slide 8: Q2 2026 Electronics Segment Financial Performance
Q2 2026 ELECTRONICS SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +21% reported and +20% organic vs. PY Passive products +26% organic Semiconductors +15% organic $406 $336 Strong Passive Products, Protection & Power Semiconductor growth Q2 Adj. EBITDA margin 26.3%, +470 bps vs Q2-26 Q2-25
Slide 9: Q2 2026 Transportation Segment Financial Performance
Q2 2026 TRANSPORTATION SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +2% reported and +1% organic vs. PY +1% FX benefit Passenger vehicle (2)% organic $182 $179 Content gains offset by lower yr/yr global passenger vehicle production & sensor declines Commercial vehicle +4% organic Q2-26 Q2
Slide 10: Q2 2026 Industrial Segment Financial Performance
Q2 2026 INDUSTRIAL SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +52% reported and +16% organic vs. PY Continued strong data center, industrial automation, and construction demand; HVAC recovery $150 Basler acquisition, +36% contribution $98 Driven by strong grid & utility and data center in
Slide 11: Q3 2026 Guidance
Q3 2026 GUIDANCE Entered Q3 with momentum following record Q2 Revenue bookings Focused on execution of strategic priorities Q3 sales guidance: $780m - $800m $780 - $800 $739 +7% sequential $625 +26% yr/yr; +21% organic +6% yr/yr growth from the Basler acquisition Q3-26 Q2-26 Q3-25 -1%
Slide 12: Q3 2026 Sales & Adj. EPS Guidance Bridge
Q3 2026 SALES & ADJ. EPS GUIDANCE BRIDGE Yr/Yr Sales Bridge Yr/Yr Adj. EPS Bridge 6% -1% $2.12 $4.95 21% $790 $(0.12) $625 $2.95 +40% Yr/Yr* Adj. EBITDA Conversion Q3 2025 Organic Growth Basler FX Q3 2026 Q3 2025 Volume & Leverage Other Q3 2026 Note Q3 2026 represents guidance midpoints Note Other i
Slide 13: Full Year 2026 Considerations / Expectations
FULL YEAR 2026 CONSIDERATIONS / EXPECTATIONS 2025 REVENUE BY END MARKET 2026 Key End Market Expectations End Market 2026 Expectation Content expansion and share gains amid soft underlying Transportation Energy and Passenger Vehicle global automotive production & Logistics 9% 17% Industrial (T&L) Inf
Slide 14: Appendix
APPENDIX Littelfuse, Inc. © 2026 14
Slide 15: Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION Non-GAAP EPS reconciliation Q2-26 Q2-25 YTD-26 YTD-25 GAAP diluted EPS $ 3.49 $ 2.30 $ 6.44 $ 4.05 EPS impact of Non-GAAP adjustments (below) 0.70 0.55 1.06 0.99 Adjusted diluted EPS $ 4.19 $ 2.85 $ 7.50 $ 5.04 Non-GAAP adjustments - expense / (income) (in millions
Slide 16: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted operating margin / Adjusted EBITDA reconciliation (in millions) Q2-26 Q2-25 YTD-26 YTD-25 Net income $ 89.4 $ 57.3 $ 164.6 $ 100.9 Add: Income taxes 27.7 20.9 49.2 37.2 Interest expense 5.7 8.6 12.7 17.4 Foreign exchange (gain) loss (0.2) 10.4 (2.6)
Slide 17: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted EBITDA by Segment (in millions) Q2-26 Q2-25 Electronics Transportation Industrial Electronics Transportation Industrial GAAP operating income $ 86.9 $ 25.7 $ 27.5 $ 49.9 $ 28.1 $ 18.8 Add: Add back amortization 7.6 2.8 4.3 10.1 3.4 1.4 Add back depr
Slide 18: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted EBITDA by Segment (in millions) YTD-26 YTD-25 Electronics Transportation Industrial Electronics Transportation Industrial GAAP operating income $ 157.2 $ 49.8 $ 48.2 $ 96.6 $ 47.0 $ 31.9 Add: Add back amortization 16.6 6.1 8.5 19.9 6.8 2.5 Add back
Slide 19: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Net sales reconciliation Q2-26 vs. Q2-25 Electronics Transportation Industrial Total Net sales growth 21 % 2% 52 % 20 % Less: Acquisitions —% — % 36 % 6% FX impact 1% 1 % — % 1% Organic net sales growth 20 % 1% 16 % 14 % Electronics segment net sales reconci
Slide 20: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Net sales reconciliation YTD-26 vs. YTD-25 Electronics Transportation Industrial Total Net sales growth 20 % 3% 49 % 20 % Less: Acquisitions —% — % 38 % 6% FX impact 2% 2 % — % 2% Organic net sales growth 18 % 1% 11 % 12 % Electronics segment net sales recon
Slide 21: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Income tax reconciliation (in millions) Q2-26 Q2-25 YTD-26 YTD-25 Income taxes $ 27.7 $ 20.9 $ 49.2 $ 37.2 Effective rate 23.6 % 26.7 % 23.0 % 27.0 % Non-GAAP adjustments - income taxes 2.4 0.8 7.6 3.2 Adjusted income taxes $ 30.1 $ 21.7 $ 56.9 $ 40.4 Adjust
Slide 22: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Consolidated Total Debt (in millions) As of June 27, 2026 Consolidated total debt $ 629.7 * Our Credit Agreement and Private Placement Note Unamortized debt issuance costs 3.3 with maturities ranging from 2027 to 2031, contain Finance lease liability 0.1 fin
Slide 23: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Non-GAAP EPS reconciliation Q3-25 GAAP diluted EPS $ 2.77 EPS impact of Non-GAAP adjustments (below) 0.18 Adjusted diluted EPS $ 2.95 Non-GAAP adjustments - (income) / expense Q3-25 Acquisition-related and integration costs (a) $ 1.4 Restructuring, impairmen