Littelfuse Reports Strong First Quarter 2025 Results, Exceeding Expectations with Robust Performance Across Key Segments
Littelfuse, a leading diversified industrial technology manufacturing company dedicated to creating a sustainable, connected, and safer world, today announced its financial results for the first quarter of 2025, ending March 29, 2025. The company reported a significant performance turnaround driven by strong demand across its Electronics and Industrial Segments. Despite the ongoing uncertainties in the global economic landscape, Littelfuse continues to demonstrate resilience and a commitment to delivering long-term value to its shareholders.
Strong Financial Performance in Q1 2025
In the first quarter of 2025, Littelfuse achieved impressive results that exceeded the company’s expectations. The Electronics Segment showed a significant recovery, supported by a rebound in demand, while the Industrial Segment delivered robust growth. Littelfuse’s diversified portfolio, combined with its agile operational model, helped the company navigate an unpredictable environment while maintaining strong financial health.
Littelfuse President and CEO Greg Henderson expressed confidence in the company’s performance: “In the first quarter, we delivered results that exceeded our expectations, driven by solid Electronics Segment demand recovery and robust growth in our Industrial Segment. Across our businesses, we drove improved bookings in the first quarter while our teams delivered strong operational performance, reflected in our expanded operating margin. As we look to the second quarter, we are prepared to navigate an uncertain environment, supported by our flexible operating model, strong balance sheet, diversified end markets, and customer exposures, and seasoned global teams.”
Focus on Long-Term Growth Amid Economic Uncertainty
While navigating the complexities of global trade tensions, economic volatility, and an uncertain macroeconomic environment, Littelfuse remains focused on long-term growth and strategic investments. The company’s management is unwavering in its commitment to achieving continued profitability and delivering long-term returns for its shareholders.
“We are focused on executing through the current uncertain trade and economic landscape, but we are not losing sight of our meaningful long-term opportunities. Our strong and resilient profitability and cash flow provide a solid foundation for future success. Littelfuse has a history of leadership in developing solutions that enable safe and efficient electrical energy transfer for our customers, and we are well-positioned to benefit from secular growth trends across diverse end markets,” Henderson stated.
Littelfuse has consistently demonstrated its ability to adapt to changing market dynamics and deliver compelling returns for its shareholders. The company’s long-term vision is backed by its continued investment in innovation, customer relationships, and market diversification, ensuring that it is well-positioned to capture growth opportunities in the future.
Q2 2025 Outlook: Positive Expectations Despite Challenges
For the second quarter of 2025, Littelfuse provided guidance that reflects its optimism about the coming months, while recognizing the unpredictable market conditions. Based on current market trends, the company expects net sales to range between $565 million and $595 million for Q2 2025, with adjusted diluted earnings per share (EPS) forecasted to be between $2.10 and $2.40. The company also anticipates an adjusted effective tax rate of 23% to 25%.
It’s important to note that Littelfuse’s guidance is provided on a non-GAAP (adjusted) basis. This approach excludes certain items, including the after-tax impact of acquisition and integration costs, restructuring charges, impairment, non-operating foreign exchange adjustments, and any significant and unusual items. These items are uncertain, depend on various factors, and could materially affect results computed in accordance with GAAP, making it difficult for Littelfuse to provide an exact GAAP comparison at this time.
Return of Capital to Shareholders: Quarterly Dividend Announcement
As part of its commitment to returning value to shareholders, Littelfuse has announced a quarterly dividend of $0.70 per share, payable on June 5, 2025. The dividend will be distributed to shareholders of record as of May 22, 2025. This dividend payout reflects Littelfuse’s ongoing focus on maintaining a strong cash flow and providing shareholders with a reliable return on their investments.
The company’s ability to continue paying dividends, even during uncertain times, speaks to its solid financial standing and operational resilience. Littelfuse remains focused on executing its business strategy while maintaining a balance between reinvesting in the company’s growth initiatives and delivering shareholder value.
Conference Call and Webcast Details
Littelfuse will host a conference call on Wednesday, April 30, 2025, at 9:00 a.m. Central Time to discuss the results for the first quarter and provide additional insights into the company’s outlook for the remainder of the year. The conference call will be available for live broadcast and replay through the company’s website, Littelfuse.com.
Additionally, a slide presentation will be made available in the Investor Relations section of Littelfuse’s website to accompany the call. The presentation will provide a deeper dive into the company’s financial performance and operational highlights for the quarter.
About Littelfuse
Littelfuse, Inc. (NASDAQ: LFUS) is a diversified industrial technology manufacturing company that empowers a sustainable, connected, and safer world. With a global workforce of approximately 16,000 associates spread across more than 20 countries, Littelfuse partners with customers to design and deliver innovative and reliable solutions. The company serves over 100,000 end customers across a variety of industrial, transportation, and electronics end markets, ensuring that its products are essential in powering modern infrastructure and everyday devices.
Littelfuse’s product offerings range from fuses and circuit protection devices to advanced sensors and semiconductors, all of which play a critical role in enabling safe and efficient electrical energy transfer across the globe. The company’s leadership in the development of cutting-edge technologies and its strategic approach to innovation have positioned Littelfuse as a trusted partner for customers in industries ranging from automotive and electronics to industrial automation and renewable energy.
Littelfuse’s first quarter results for 2025 reflect the company’s continued resilience and strong operational performance despite ongoing challenges in the global economic and trade environments. With solid demand recovery in key segments, a diversified portfolio, and a focus on long-term growth opportunities, is well-positioned to navigate the uncertainties of the market and continue delivering value to its shareholders. The company’s proactive approach, supported by a flexible operating model and a strong balance sheet, will ensure that it remains a leader in its industry and continues to provide innovative solutions that power a safer and more connected world.
As Littelfuse looks ahead to the remainder of 2025, the company remains committed to executing on its strategic initiatives and delivering sustainable growth in the years to come. Whether through expanded bookings, continued investment in innovation, or strategic shareholder returns, is poised for continued success in the ever-evolving global market.
