Slide 1: Q1 2026 Earnings Release
Q1 2026 Earnings Release May 6, 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: Save the Date: Investor Day
SAVE THE DATE INVESTOR DAY May 14, 2026 | New York City Littelfuse, Inc. Littelfuse, Inc.©©2026 2026 3
Slide 4: Investor Day Preview – May 14 Agenda
INVESTOR DAY PREVIEW – MAY 14 AGENDA 9:00 AM Welcome and Opening Remarks 10:35 AM Moving the World Forward in David Kelley | VP, Investor Relations Transportation & Logistics (T&L) Dave Ruppel | SVP & GM, T&L Market Delivering on the Promise and Potential of a New Littelfuse Accelerating Long-Term G
Slide 5: Strategic Priorities
STRATEGIC PRIORITIES Enhance our Focus to Provide More Complete Drive Further Operational 01 Capitalize on Future 02 Solutions for a Broader 03 Excellence to Amplify Growth Opportunities Set of Customers Long-Term Performance ▪ More structured evaluation of ▪ More collaborative approach ▪ Better lev
Slide 6: Why Littelfuse Wins
WHY LITTELFUSE WINS OUR VALUE PROPOSITION ▪ A market leader in enabling safe and efficient electrical energy transfer ▪ Global scale and engineering expertise Core Market Leadership ▪ Customer partnerships with leading innovators across broad end market exposures ▪ Core circuit protection leadership
Slide 7: Q1 2026 Financial Summary
Q1 2026 FINANCIAL SUMMARY 01 Revenue and EPS exceeded the high end of our guidance range 02 Q1 Adj. EBITDA Margin of 22.9%, +280 bps vs. PY, reflecting volume leverage and operational execution 03 Continued strong cash generation with Q1 FCF of $66 million, +55% vs. PY 04 We are executing on our str
Slide 8: Q1 2026 Total Company Financial Performance
Q1 2026 TOTAL COMPANY FINANCIAL PERFORMANCE ▪ Revenue +19% reported and +9% organic Revenue vs. PY ▪ Note +6% from Basler acquisition and +3% from FX $657 ▪ Adj. EBITDA Margin of 22.9%, +280 bps vs. PY $554 ▪ GAAP diluted EPS of $2.96 Q1-26 Q1-25 ▪ Adj. EPS of $3.31, +51% vs. PY GAAP EPS $2.96 $1.75
Slide 9: Q1 2026 Sales & Adj. EPS Bridge
Q1 2026 SALES & ADJ. EPS BRIDGE Yr/Yr Sales Bridge Yr/Yr Adj. EPS Bridge 3% $657 $1.16 $3.31 6% $(0.04) 9% $554 $2.19 +38% Yr/Yr* Adj. EBITDA Conversion Q1 2025 Organic Growth Basler FX Q1 2026 Q1 2025 Volume & Leverage Other Q1 2026 (in millions) Note Other includes higher stock & variable compensa
Slide 10: Q1 2026 Electronics Segment Financial Performance
Q1 2026 ELECTRONICS SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue +18% reported and +15% organic vs. PY ▪ Passive products +22% organic ▪ Semiconductors +8% organic $363 $307 ▪ +3% from FX ▪ Continued strong Passive & Protection Q1-26 Q1-25 Product orders driven by strong data center Op Margin 19.
Slide 11: Q1 2026 Transportation Segment Financial Performance
Q1 2026 TRANSPORTATION SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue +5% reported and +1% organic vs. PY ▪ +4% FX benefit ▪ Passenger vehicle +4% organic $170 $162 ▪ Content expansion, market share gains & favorable pricing amid lower yr/yr global passenger vehicle production Q1-26 Q1-25 ▪ Commerc
Slide 12: Q1 2026 Industrial Segment Financial Performance
Q1 2026 INDUSTRIAL SEGMENT FINANCIAL PERFORMANCE Revenue ▪ Revenue +45% reported and +5% organic vs. PY ▪ Strong grid & utility infrastructure and data center demand, favorable pricing $124 ▪ Continued soft residential HVAC demand $85 ▪ Basler acquisition sales outpaced expectations ▪ +39% contribut
Slide 13: Q2 2026 Guidance
Q2 2026 GUIDANCE ▪ Entered Q2 with a strong backlog and continued Revenue bookings momentum ▪ Focused on execution, traction on strategic priorities ▪ Q2 sales guidance: $690m - $710m $690 - ▪ +7% sequential $710 $657 $613 ▪ +14% yr/yr; +8% organic ▪ +6% yr/yr growth from the Basler acquisition Q2-2
Slide 14: Q2 2026 Sales & Adj. EPS Guidance Bridge
Q2 2026 SALES & ADJ. EPS GUIDANCE BRIDGE Yr/Yr Sales Bridge Yr/Yr Adj. EPS Bridge 6% 0% $700 $0.89 $0.01 $3.75 700 8% 650 $2.85 $613 600 +31% Yr/Yr* Adj. EBITDA 550 Conversion 500 450 Q2 2025 Organic Growth Basler FX Q2 2026 Q2 2025 Volume & Leverage Other Q2 2026 Note Q2 2026 represents guidance mi
Slide 15: Full Year 2026 Considerations / Expectations
FULL YEAR 2026 CONSIDERATIONS / EXPECTATIONS 2025 Pro Forma Littelfuse Revenue by End Market* 2026 Key Market Expectations End Market 2026 Expectation Consumer Electronics Content expansion and share gains amid mixed underlying 9% Transportation market conditions Passenger Vehicle 21% Data Center &
Slide 16: Appendix
APPENDIX Littelfuse, Inc. © 2026 16
Slide 17: Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION Non-GAAP EPS reconciliation Q1-26 Q1-25 GAAP diluted EPS $ 2.96 $ 1.75 EPS impact of Non-GAAP adjustments (below) 0.35 0.44 Adjusted diluted EPS $ 3.31 $ 2.19 Non-GAAP adjustments - (income) / expense (in millions) Q1-26 Q1-25 Acquisition-related and integration co
Slide 18: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted operating margin / Adjusted EBITDA reconciliation (in millions) Q1-26 Q1-25 Net income $ 75.1 $ 43.6 Add: Income taxes 21.6 16.4 Interest expense 7.0 8.9 Foreign exchange (gain) loss (2.4) 4.8 Other income, net (0.1) (3.5) GAAP operating income $ 10
Slide 19: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted EBITDA by Segment (in millions) Q1-26 Q1-25 Electronics Transportation Industrial Electronics Transportation Industrial GAAP operating income $ 70.3 $ 24.1 $ 20.8 $ 46.8 $ 18.9 $ 13.1 Add: Add back amortization 9.0 3.4 4.1 9.8 3.3 1.2 Add back depre
Slide 20: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Net sales reconciliation Q1-26 vs. Q1-25 Electronics Transportation Industrial Total Net sales growth 18 % 5% 45 % 19 % Less: Acquisitions —% — % 39 % 6% FX impact 3% 4 % 1 % 3% Organic net sales growth 15 % 1% 5% 9% Electronics segment net sales reconciliat
Slide 21: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Income tax reconciliation Q1-26 Q1-25 Income taxes $ 21.6 $ 16.4 Effective rate 22.3 % 27.3 % Non-GAAP adjustments - income taxes 5.3 2.3 Adjusted income taxes $ 26.9 $ 18.7 Adjusted effective rate 24.2 % 25.5 % Free cash flow reconciliation Q1-26 Q1-25 Net
Slide 22: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Consolidated Total Debt (in millions) As of March 28, 2026 Consolidated total debt $ 631.5 * Our Credit Agreement and Private Placement Note with Unamortized debt issuance costs 3.5 maturities ranging from 2027 to 2031, contain financial ratio covenants prov
Slide 23: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Non-GAAP EPS reconciliation Q2-25 GAAP diluted EPS $ 2.30 EPS impact of Non-GAAP adjustments (below) 0.50 Adjusted diluted EPS $ 2.85 Non-GAAP adjustments - (income) / expense Q2-25 Acquisition-related and integration costs (a) $ 1.5 Restructuring, impairmen