EnerSys President and CEO Shawn M. O'Connell reported two Form 4 transactions involving common stock. On August 11, 2026, 590 shares at $186.30 per share, and on August 12, 2026, 795 shares at $186.21 per share were delivered or withheld for payment of exercise price or tax liability and were forfeited in connection with the vesting of Restricted Stock Units granted in 2023 and 2022.
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 reported stronger results for the quarter ended July 5, 2026. Net sales were $935.6 million, up 4.8% year over year, driven by higher price/mix, modest volume growth and favorable currency. Network & Infrastructure and Precision Power segments grew, while Industrial Mobility declined modestly.
Gross profit rose to $313.4 million, a 33.5% margin, up 510 basis points, reflecting 45X production tax credits, IEEPA tariff refunds and improved pricing. Net earnings attributable to stockholders more than doubled to $116.5 million, with diluted EPS of $3.09. Operating cash flow was $230.2 million, lifting cash to $530.7 million against long-term debt of $1.01 billion.
The company continued restructuring, including planned plant closures in Tijuana, Sao Paulo and Monterrey, incurring $10.7 million in restructuring and exit charges. It repurchased $50.0 million of stock in the quarter and a further ~$50.0 million after quarter-end, and announced a planned $650 million lithium cell plant in South Carolina supported by an expected $150 million DOE grant and state incentives.
EnerSys executive Chad C. Uplinger, President Industrial Mobility, reported two code F transactions involving common stock. On August 8, 2026 and August 9, 2026, a total of 1,160 shares were delivered or withheld at $191.72 per share for payment of exercise price or tax liability, with footnotes stating the shares were forfeited in connection with vesting of previously granted Restricted Stock Units.
EnerSys reported that officer Mark E. Matthews, CTO and President, Precision Power, had a total of 1,058 Common Shares delivered or withheld on August 8–9, 2026. These code F transactions, at $191.72 per share, reflect shares forfeited in connection with the vesting of previously granted Restricted Stock Units.
EnerSys reported that Keith D. Fisher, Pres. Network & Infrastructure, had 573 shares of common stock withheld or forfeited on August 8, 2026 to cover the payment of exercise price or tax liability in connection with the vesting of Restricted Stock Units granted on August 8, 2025. Following this disposition, he directly holds 22,122 shares of EnerSys common stock.
EnerSys executive vice president and CFO Andrea J. Funk reported two Form 4 transactions involving common stock classified as code F. On August 8 and 9, 2026, a total of 2,013 shares were forfeited or withheld at $191.72 per share in connection with the vesting of Restricted Stock Units granted on August 8, 2025 and August 9, 2024, as payment of exercise price or tax liability by delivering or withholding securities.
EnerSys President and CEO Shawn M. O'Connell reported two transactions in company common stock related to equity compensation. On August 8 and 9, 2026, a total of 3,399 shares were delivered or withheld at $191.72 per share for payment of exercise price or tax liability in connection with the vesting of Restricted Stock Units granted on August 8, 2025 and August 9, 2024. These are administrative dispositions tied to RSU vesting rather than open-market purchases or sales.
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.