Every 8-K that EnerSys (ENS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ENS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ENS filings page.
EnerSys reported a strong first quarter of fiscal 2027, with net sales of $935.6 million, up 4.8% from $893.0 million a year earlier, driven by higher pricing, favorable foreign exchange and modest volume growth. Gross margin reached 33.5%, or 28.5% excluding IRC 45X credits, reflecting significant margin expansion.
Net earnings were $116.5 million versus $57.5 million, with diluted EPS of $3.09. On a non-GAAP basis, adjusted diluted EPS rose 64% to $3.66, above prior guidance, and 2.41 excluding IRC 45X. Adjusted EBITDA increased to $195.8 million from $130.5 million, and the net leverage ratio improved to 0.8× from 1.6× over the last twelve months. Free cash flow was an inflow of $217.8 million compared to an outflow of $32.1 million, aided by a U.S. federal tax refund and higher earnings.
The Board approved a 10% increase in the quarterly dividend to $0.2875 per share, payable October 2, 2026, marking a fourth consecutive annual raise. In the quarter, EnerSys returned $59.6 million to shareholders via $50.0 million of share repurchases and dividends. For the second quarter, the company guides to net sales of $955–$995 million and adjusted diluted EPS of $3.15–$3.25, including IRC 45X benefits, while maintaining full-year capital expenditure expectations of about $70 million.
EnerSys held its Annual Meeting of Stockholders on August 6, 2026, where shareholders voted on director elections, auditor ratification, and executive compensation. Four director nominees — Caroline Chan, Steven M. Fludder, Paul J. Tufano, and Rudolph Wynter — were elected, each receiving over 27 million votes in favor, with additional broker non-votes recorded.
Shareholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2027, with 32,064,731 votes for, 1,270,247 against, and 10,401 abstentions. An advisory vote on named executive officer compensation was also approved, with 30,707,118 votes for and 736,954 against, plus broker non-votes.
EnerSys is refining its planned lithium-ion cell manufacturing facility in Greenville, South Carolina, shifting to a defense‑ and aerospace‑focused strategy. The company now expects initial production capacity of approximately 1 gigawatt‑hour, down from the originally planned approximately 4 to 5 gigawatt‑hours, with a materially smaller physical footprint tailored to specialized industrial and defense applications requiring a secure U.S. supply chain.
EnerSys has been awarded a revised U.S. Department of Energy grant of about $150 million, subject to final documentation and customary conditions, and has an incentive package from South Carolina and Greenville County valued at up to $200 million. The company currently estimates total net investment for the facility at approximately $500 million and intends to fund it with federal, state and local support and operating cash flow. The Board of Directors has formally approved the investment and development plan. EnerSys currently anticipates beginning construction in the first half of fiscal 2028, with full production expected about three years after construction begins, and plans to transition away from its technology relationship with Verkor SAS in favor of established aerospace and defense technology partners.
EnerSys is realigning its business into three reportable segments beginning in the first quarter of fiscal 2027: Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions. The new structure combines the prior Energy Systems, Motive Power, Transportation, and certain Specialty businesses into these focused lines.
New Ventures will no longer be a separate segment, with its sales folded into the relevant segments and its prior costs treated as corporate charges, which are being reallocated across all lines of business. EnerSys states that its previously issued guidance for the first quarter of fiscal 2027 is unchanged and that consolidated balance sheets, income statements, and cash flow statements are not affected.
The company is providing investors with recast, unaudited historical segment data for fiscal 2025 and 2026, including non-GAAP adjusted operating earnings and reconciliations, so that past performance can be viewed under the new segment structure.
EnerSys reported a strong finish to fiscal 2026 with record full-year net sales of $3.75 billion, up 3.7% from fiscal 2025, and record adjusted diluted EPS of $10.56, up 4%. Fourth-quarter net sales were $988.0 million, up 1.3%, with adjusted diluted EPS of $3.19, above guidance of $2.95 to $3.05.
GAAP diluted EPS declined to $7.70 for the year and $2.05 for the quarter, reflecting $109.4 million of highlighted items for the year and $42.8 million for the quarter. Gross margin was 29.3% for the year, with gross margin excluding IRC 45X at 25.1%, roughly flat versus the prior year.
EnerSys generated operating cash flow of $548 million and free cash flow of $467.6 million in fiscal 2026, while returning $408.8 million to shareholders through buybacks and dividends. The net leverage ratio improved to 1.1x adjusted EBITDA per credit agreement, and the Board declared a quarterly dividend of $0.2625 per share, payable July 2, 2026.
EnerSys is closing its lead-acid battery plant in Tijuana, Mexico and shifting most production to its advanced Thin Plate Pure Lead facility in Springfield, Missouri. The company expects a pre-tax restructuring charge of approximately $37 million, including $14 million of non-cash equipment write-offs and $23 million of cash costs for severance, retention, environmental work, decommissioning, contractual releases and legal expenses.
The plan is estimated to be substantially complete by December 2027 and to reduce about 474 jobs. EnerSys plans to sell the land, buildings and potentially plant equipment. Starting in fiscal year 2028, the restructuring is expected to generate an annual pre-tax benefit of roughly $20 million by optimizing the cost structure, capturing advanced manufacturing production tax benefits and reducing tariff-related and supply chain risks while expanding its U.S. manufacturing footprint.
EnerSys filed a current report describing two updates. The company issued an earnings press release covering its financial results for the third quarter of fiscal 2026, which is included as Exhibit 99.1. EnerSys also announced that its Board of Directors declared a quarterly cash dividend of $0.2625 per share of common stock.
The dividend is payable on March 27, 2026 to shareholders of record as of March 13, 2026, as detailed in a separate press release attached as Exhibit 99.2.
EnerSys amended its existing receivables purchase agreement to increase the maximum payments available to its EnerSys Finance, LLC subsidiary from $150,000,000 to $250,000,000 and added an uncommitted $50,000,000 accordion feature that is subject to additional conditions. Under this structure, financial institutions led by Wells Fargo Bank, National Association agree to make payments to the subsidiary based on its receivables.
The amendment also adds PNC Bank, National Association and Truist Bank as additional purchasers while keeping the program’s overall mechanics and key terms consistent with the prior agreement. The amended arrangement has an initial term of three years from the December 15, 2025 amendment date and is reported as both the entry into a material definitive agreement and the creation of a direct financial obligation or off-balance sheet arrangement.
EnerSys furnished an earnings press release for its second quarter of fiscal 2026, providing an update on recent operating results via Exhibit 99.1.
The Board also declared a quarterly cash dividend of $0.2625 per share, payable on December 26, 2025 to shareholders of record on December 12, 2025, as announced in Exhibit 99.2.
EnerSys entered into a Sixth Amendment to its Credit Agreement on September 25, 2025 that modifies the existing credit facility. The amendment upsizes the company's revolving credit facility to an aggregate committed amount of $1.0 billion, representing an increase of $150 million, and sets the maturity of the Revolving Facility at September 30, 2030. In connection with the Amendment, all outstanding term loans (including accrued and unpaid interest) and all accrued and unpaid interest and fees on outstanding revolving loans under the Existing Credit Agreement were repaid in full. The amendment was entered into with Bank of America, N.A., as administrative agent, swingline lender and letter of credit issuer. The filing is signed by Andrea J. Funk, Chief Financial Officer.