Slide 1: Q2 2025 Earnings Release
Q2 2025 Earnings Release July 30, 2025
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: 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 4: Why Littelfuse Wins
WHY LITTELFUSE WINS OUR VALUE PROPOSITION Market leaders in enabling safe and efficient electrical energy transfer Global scale and engineering expertise Customer partnerships with leading innovators across broad end Core Market Leadership market exposures Core circuit protection leadership
Slide 5: Global Footprint, Flexible Operating Model
GLOBAL FOOTPRINT, FLEXIBLE OPERATING MODEL Littelfuse Global Operating Footprint Global footprint strategically positioned to support customers in-region – Balanced revenue exposure – Strategically positioned close to customers and supply chains – Local teams in local markets Flexible operating mode
Slide 6: Q2 2025 Financial Summary
Q2 2025 FINANCIAL SUMMARY Strong second quarter performance as sales and EPS exceeded 01 the high end of our guide Q2 upside driven by stronger volumes and leverage, as well as 02 solid operational execution 03 We exited Q2 with our strongest bookings since 1H 2022 We are executing on our strategic
Slide 7: Q2 2025 Total Company Financial Performance
Q2 2025 TOTAL COMPANY FINANCIAL PERFORMANCE Revenue +10% reported and +6% organic Revenue vs. PY Note +2% Dortmund acq. contribution and +1% from FX $558 $613 Adj. EBITDA Margin of 21.4% +280 bps y/y reflecting strong volume leverage and operational performance Q2-24 Q2-25 GAAP EPS of $2.3
Slide 8: Cash Generation & Capital Deployment
CASH GENERATION & CAPITAL DEPLOYMENT Well-positioned business model & execution drive robust long-term cash generation – Prioritizing growth investments – Disciplined approach to working capital management – Targeting 100+% conversion in FCF – Strong and flexible balance sheet supports capital dep
Slide 9: Q2 2025 Electronics Segment
Q2 2025 ELECTRONICS SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +10% reported and +4% organic vs. PY Passive products +14% organic Semiconductors (-5%) organic $306 $336 +4% Dortmund acq. contribution & +1% from FX Q2 Adj. EBITDA margin 21.6%, Flat vs PY Passive Products & Protection v
Slide 10: Q2 2025 Transportation Segment
Q2 2025 TRANSPORTATION SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +6% reported and +4% organic vs. PY +2% FX benefit $179 Passenger vehicle +3% organic $169 Global car build growth, share gains Commercial vehicle +5% organic Q2-24 Q2-25 Market share gains amid soft end market conditio
Slide 11: Q2 2025 Industrial Segment
Q2 2025 INDUSTRIAL SEGMENT FINANCIAL PERFORMANCE Revenue Revenue +17% reported and +17% organic vs. PY Strong grid storage, renewables, data $98 center, industrial safety and HVAC growth $84 Q2 Adj. EBITDA margin 22.1%, +610 bps vs PY Strong volume, leverage and continued Q2-24 Q2-25 operati
Slide 12: Q3 2025 Guidance
Q3 2025 GUIDANCE Entered Q3 with a strong backlog Revenue Well positioned to deliver continued growth Focus on driving further operational excellence Q3 sales guidance: $610m - $630m $613 $610 - +1% sequential, +9% vs PY $567 $630 +2% yr/yr growth from Dortmund acquisition +1% yr/yr fr
Slide 13: Q3 2025 Sales & Adj. EPS Guidance Bridge
Q3 2025 SALES & ADJ. EPS GUIDANCE BRIDGE Yr/Yr Sales Bridge Yr/Yr Adj. EPS Bridge 1% 2% 6% +38% Yr/Yr* Adj. EBITDA Conversion Note Q3 2025 represents guidance midpoints *Excludes acquisitions, divestitures & FX (in millions) Note Other includes impact of mark-to-market comparable, higher adj. effect
Slide 14: Full Year 2025 Considerations / Expectations
FULL YEAR 2025 CONSIDERATIONS / EXPECTATIONS FY Dortmund acquisition impact… +2% growth to Company sales, Neutral EPS impact F/X & Commodities +1% tailwind to sales; ~+$0.14 benefit to EPS, +20 bps margin benefit at current rates Other Assumptions – $58m amortization expense – $35m interest ex
Slide 15: Appendix
APPENDIX Littelfuse, Inc. © 2025 15
Slide 16: Supplemental Financial Information
SUPPLEMENTAL FINANCIAL INFORMATION Non-GAAP EPS reconciliation Q2-25 Q2-24 YTD-25 YTD-24 GAAP diluted EPS $ 2.30 $ 1.82 $ 4.05 $ 3.75 EPS impact of Non-GAAP adjustments (below) 0.55 0.15 0.99 (0.02) Adjusted diluted EPS $ 2.85 $ 1.97 $ 5.04 $ 3.73 Non-GAAP adjustments - (income) / expense (in millio
Slide 17: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted operating margin / Adjusted EBITDA reconciliation (in milions) Q2-25 Q2-24 YTD-25 YTD-24 Net income $ 57.3 $ 45.5 $ 100.9 $ 93.9 Add: Income taxes 20.9 15.7 37.2 22.9 Interest expense 8.6 10.0 17.4 19.6 Foreign exchange loss (gain) 10.4 (0.3) 15.3 (
Slide 18: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted EBITDA by Segment (in millions) Q2-25 Q2-24 Electronics Transportation Industrial Electronics Transportation Industrial GAAP operating income $ 49.9 $ 28.1 $ 18.8 $ 46.2 $ 15.2 $ 9.5 Add: Add back amortization 10.1 3.4 1.4 9.8 3.3 2.6 Add back depre
Slide 19: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Adjusted EBITDA by Segment (in millions) YTD-25 YTD-24 Electronics Transportation Industrial Electronics Transportation Industrial GAAP operating income $ 96.6 $ 47.0 $ 31.9 $ 84.0 $ 31.4 $ 14.3 Add: Add back amortization 19.9 6.8 2.5 19.7 6.8 5.1 Add back d
Slide 20: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Net sales reconciliation Q2-25 vs. Q2-24 Electronics Transportation Industrial Total Net sales growth 10 % 6% 17 % 10 % Less: Acquisitions 4% — % — % 2% FX impact 1% 2 % — % 1% Organic net sales growth 4% 4% 17 % 6% Electronics segment net sales reconciliati
Slide 21: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Net sales reconciliation YTD-25 vs. YTD-24 Electronics Transportation Industrial Total Net sales growth 8% 1% 16 % 7% Less: Acquisitions 4% — % — % 2% FX impact —% 1 % (1)% —% Organic net sales growth 4% —% 17 % 5% Electronics segment net sales reconciliatio
Slide 22: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Income tax reconciliation Q2-25 Q2-24 YTD-25 YTD-24 Income taxes $ 20.9 $ 15.7 $ 37.2 $ 22.9 Effective rate 26.7 % 25.6 % 27.0 % 19.6 % Non-GAAP adjustments - income taxes 0.8 0.7 3.2 4.1 Adjusted income taxes $ 21.7 $ 16.4 $ 40.4 $ 27.0 Adjusted effective r
Slide 23: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Consolidated Total Debt (in millions) As of June 28, 2025 Consolidated Total Debt $ 810.2 * Our Credit Agreement and Private Placement Note with Unamortized debt issuance costs 2.3 maturities ranging from 2025 to 2032, contain financial ratio covenants provi
Slide 24: Supplemental Financial Information Cont'd
SUPPLEMENTAL FINANCIAL INFORMATION CONT’D Non-GAAP EPS reconciliation Q3-24 GAAP diluted EPS $ 2.32 EPS impact of Non-GAAP adjustments (below) 0.39 Adjusted diluted EPS $ 2.71 Non-GAAP adjustments - (income) / expense Q3-24 Acquisition-related and integration costs (a) $ 1.0 Restructuring, impairmen