Littelfuse FY2025 net loss hits USD 71.7 million

Reuters
4 hours ago
Littelfuse FY2025 net loss hits USD 71.7 million

Littelfuse reported FY 2025 net sales of USD 2.39 billion (+8.9%), with growth including USD 49.00 million of incremental sales from the Dortmund Fab acquisition and USD 17.60 million of favorable foreign exchange effects. FY 2025 net loss was USD 71.70 million, compared with net income of USD 100.19 million in FY 2024, primarily reflecting a USD 301.20 million non-cash goodwill impairment charge in the Electronics-Semiconductor reporting unit recorded in Q4 2025. FY 2025 operating income was USD 37.53 million (-76.4%), and income before income taxes was USD 3.61 million (-97.6%); income tax expense was USD 75.31 million (effective tax rate 2,087.8%), driven mainly by the goodwill impairment with no related tax benefit. By segment, FY 2025 net sales were USD 1.35 billion in Electronics (+13.4%), USD 676.40 million in Transportation (+0.6%), and USD 364.40 million in Industrial (+9.9%). FY 2025 segment operating income was USD 220.10 million in Electronics (+29.6%), USD 84.80 million in Transportation (+44.7%), and USD 59.00 million in Industrial (+39.5%). Net cash provided by operating activities was USD 433.80 million in FY 2025. Corporate updates included the completion of the Basler acquisition on December 11, 2025 for total purchase consideration of USD 350.30 million (net of cash acquired), with Basler reported in the Industrial segment and described as having annualized sales of approximately USD 130.00 million at the time of acquisition. Littelfuse also highlighted the Dortmund Fab acquisition completed on December 31, 2024 for approximately EUR 94.00 million, which contributed to FY 2025 results and was cited as a driver of lower projected volumes in the power semiconductor business underlying the Q4 2025 goodwill impairment. The company also reported FY 2025 restructuring charges of USD 18.00 million, primarily for employee termination costs, tied mainly to reorganizations in the power semiconductor business and parts of the Transportation segment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Littelfuse Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-009585), on February 19, 2026, and is solely responsible for the information contained therein.

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