Littelfuse, Inc. (LFUS) Income Statement

30Y historyFree accessUpdated daily

Revenue climbed from $554.3M in 2025Q1 to $766.7M in 2026Q3 and gross margin reached 41.5%, yet the 2025Q4 net margin of -40.8% shows how discrete charges can overwhelm otherwise improving operating trends.

Annual statement

LFUS Income Statement

Littelfuse, Inc. (LFUS) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Sales/Revenue	2.76B	2.39B	2.19B	2.36B	2.51B	2.08B	1.45B	1.5B	1.72B	1.22B	1.06B	867.86M	852M	757.85M	667.91M	664.96M	608.02M	430.15M	530.87M	536.14M	534.86M	467.09M	476.83M	339.41M	283.27M	272.15M	371.92M	296.37M	269.5M	275.2M	241.4M
Revenue Growth %	18.72%	8.92%	-7.28%	-6.02%	20.86%	43.87%	-3.87%	-12.49%	40.68%	15.66%	21.7%	1.86%	12.42%	13.47%	0.44%	9.36%	41.35%	-18.97%	-0.98%	0.24%	14.51%	-2.04%	40.49%	19.82%	4.09%	-26.83%	25.49%	9.97%	-2.07%	14%	9.98%
Cost of Goods Sold	1.65B	1.48B	1.4B	1.46B	1.51B	1.31B	944.52M	957.58M	1.07B	715M	643.04M	537.37M	527.57M	461.62M	409.45M	408.26M	374.15M	304.79M	387.2M	364.61M	373.6M	322.54M	303.04M	234.98M	194.64M	180.24M	221.27M	179.11M	153.9M	150.8M	129.1M
COGS % of Revenue	-	62.03%	64.05%	61.9%	59.95%	62.89%	65.33%	63.67%	61.98%	58.53%	60.88%	61.92%	61.92%	60.91%	61.3%	61.4%	61.54%	70.86%	72.94%	68.01%	69.85%	69.05%	63.55%	69.23%	68.71%	66.23%	59.49%	60.44%	57.11%	54.8%	53.48%
Gross Profit	1.1B	906.04M	787.54M	900.24M	1.01B	771.93M	501.17M	546.29M	653.41M	506.53M	413.12M	330.5M	324.43M	296.23M	258.47M	256.69M	233.87M	125.36M	143.67M	171.54M	161.26M	144.55M	173.8M	104.43M	88.62M	91.91M	150.65M	117.25M	115.6M	124.4M	112.3M
Gross Margin %	40.07%	37.97%	35.95%	38.1%	40.05%	37.11%	34.67%	36.33%	38.02%	41.47%	39.12%	38.08%	38.08%	39.09%	38.7%	38.6%	38.46%	29.14%	27.06%	31.99%	30.15%	30.95%	36.45%	30.77%	31.29%	33.77%	40.51%	39.56%	42.89%	45.2%	46.52%
Gross Profit Growth %	-	15.05%	-12.52%	-10.59%	30.44%	54.02%	-8.26%	-16.39%	29%	22.61%	25%	1.87%	9.52%	14.61%	0.69%	9.76%	86.56%	-12.74%	-16.25%	6.37%	11.56%	-16.83%	66.43%	17.83%	-3.57%	-38.99%	28.48%	1.43%	-7.07%	10.77%	10.75%
Operating Expenses	953.09M	868.51M	628.76M	539.38M	506.09M	386.28M	338.8M	353.5M	428.37M	288.02M	282.47M	226.34M	190.6M	166.35M	151.6M	142.79M	126.3M	111.67M	135.17M	120.23M	132.41M	117.59M	116.79M	78.34M	72.69M	83.37M	88.9M	72.63M	81.5M	80.6M	74.7M
OpEx % of Revenue	-	36.4%	28.7%	22.83%	20.13%	18.57%	23.44%	23.51%	24.93%	23.58%	26.75%	26.08%	22.37%	21.95%	22.7%	21.47%	20.77%	25.96%	25.46%	22.42%	24.76%	25.17%	24.49%	23.08%	25.66%	30.63%	23.9%	24.51%	30.24%	29.29%	30.94%
Selling, General & Admin	433.49M	381.77M	350.42M	354.65M	344.81M	275.46M	204.51M	220.45M	276.33M	212.83M	206.13M	153.71M	146.97M	132.66M	124.28M	116.74M	103.67M	88.51M	107.24M	103.26M	110.58M	98.54M	96.1M	68.58M	63.59M	62.2M	71.08M	56.1M	50.9M	52.3M	53.6M
SG&A % of Revenue	-	16%	16%	15.01%	13.72%	13.24%	14.15%	14.66%	16.08%	17.42%	19.52%	17.71%	17.25%	17.5%	18.61%	17.56%	17.05%	20.58%	20.2%	19.26%	20.67%	21.1%	20.15%	20.21%	22.45%	22.85%	19.11%	18.93%	18.89%	19%	22.2%
Research & Development	117.61M	106.9M	107.77M	102.43M	95.6M	65.94M	52.54M	80M	87.26M	50.49M	42.2M	30.8M	31.12M	24.41M	21.23M	19.44M	17.6M	18.13M	24.07M	21.7M	18.71M	16.67M	16.08M	8.69M	8.33M	8.88M	11.15M	9.46M	8.4M	7.9M	0
R&D % of Revenue	-	4.48%	4.92%	4.34%	3.8%	3.17%	3.63%	5.32%	5.08%	4.13%	4%	3.55%	3.65%	3.22%	3.18%	2.92%	2.9%	4.22%	4.53%	4.05%	3.5%	3.57%	3.37%	2.56%	2.94%	3.26%	3%	3.19%	3.12%	2.87%	-
Other Operating Expenses	4M	379.84M	170.57M	82.3M	65.67M	44.89M	81.75M	53.06M	64.77M	24.7M	34.15M	41.83M	12.5M	9.28M	6.09M	6.61M	5.03M	5.03M	3.87M	-4.73M	3.12M	2.38M	4.61M	1.07M	767K	12.29M	6.67M	7.08M	22.2M	20.4M	21.1M
Operating Income	151.43M	37.53M	158.78M	360.86M	500.83M	385.64M	162.37M	192.79M	225.05M	218.51M	130.64M	104.16M	133.83M	129.88M	106.87M	113.9M	107.57M	13.7M	8.49M	51.31M	28.86M	26.97M	57M	26.08M	15.93M	8.54M	61.75M	44.62M	34.1M	43.8M	37.6M
Operating Margin %	5.49%	1.57%	7.25%	15.27%	19.92%	18.54%	11.23%	12.82%	13.1%	17.89%	12.37%	12%	15.71%	17.14%	16%	17.13%	17.69%	3.18%	1.6%	9.57%	5.4%	5.77%	11.95%	7.68%	5.62%	3.14%	16.6%	15.06%	12.65%	15.92%	15.58%
Operating Income Growth %	-	-76.36%	-56%	-27.95%	29.87%	137.51%	-15.78%	-14.33%	2.99%	67.26%	25.43%	-22.17%	3.04%	21.53%	-6.18%	5.88%	685.5%	61.21%	-83.44%	77.8%	7.02%	-52.69%	118.56%	63.71%	86.55%	-86.17%	38.37%	30.86%	-22.15%	16.49%	11.57%
EBITDA	289.96M	172.19M	289.23M	498.29M	621.53M	484.28M	258.55M	285.29M	328.24M	281.52M	183.78M	145.76M	175.71M	164.36M	138.3M	146.16M	139.58M	50.32M	40.69M	80.05M	61.72M	58.2M	83.3M	47.18M	34.84M	34.22M	88.49M	70.16M	56.3M	64.2M	58.7M
EBITDA Margin %	10.52%	7.22%	13.2%	21.09%	24.72%	23.28%	17.88%	18.97%	19.1%	23.05%	17.4%	16.79%	20.62%	21.69%	20.71%	21.98%	22.96%	11.7%	7.67%	14.93%	11.54%	12.46%	17.47%	13.9%	12.3%	12.57%	23.79%	23.67%	20.89%	23.33%	24.32%
EBITDA Growth %	-15.57%	-40.47%	-41.96%	-19.83%	28.34%	87.3%	-9.37%	-13.08%	16.6%	53.18%	26.09%	-17.04%	6.9%	18.84%	-5.37%	4.71%	177.4%	23.65%	-49.16%	29.68%	6.06%	-30.14%	76.56%	35.44%	1.79%	-61.33%	26.12%	24.62%	-12.31%	9.37%	13.1%
D&A (Non-Cash Add-back)	138.54M	134.66M	130.45M	137.43M	120.71M	98.64M	96.18M	92.5M	103.19M	63.01M	53.14M	41.6M	41.88M	34.48M	31.43M	32.25M	32.01M	36.62M	32.2M	28.74M	32.87M	31.23M	26.3M	21.1M	18.9M	25.68M	26.74M	25.54M	22.2M	20.4M	21.1M
EBIT	158.35M	37.91M	190.58M	368.46M	469.26M	359.55M	182.33M	188.15M	227.51M	217.42M	131.9M	111.04M	136.55M	127.15M	101.75M	116.79M	109.12M	13.21M	14.06M	52.84M	28.86M	26.97M	57M	26.08M	15.93M	14.86M	61.75M	44.62M	34.1M	43.8M	37.6M
Net Interest Income	-26.69M	-34.3M	-38.72M	-39.87M	-26.22M	-18.53M	-21.08M	-22.27M	-22.57M	-13.38M	-8.63M	-4.09M	-4.9M	-2.92M	-1.7M	-1.69M	-1.44M	-2.38M	-3.44M	-1.56M	0	0	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	26.69M	34.3M	38.72M	39.87M	26.22M	18.53M	21.08M	22.27M	22.57M	13.38M	8.63M	4.09M	4.9M	2.92M	1.7M	1.69M	1.44M	2.38M	3.44M	1.56M	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-16.69M	-33.92M	-6.92M	-32.26M	-57.78M	-44.62M	-1.12M	-26.91M	-20.11M	-14.47M	-7.37M	2.79M	-2.18M	-5.65M	-6.82M	1.2M	105K	-2.86M	2.13M	-21K	548K	1.06M	-1.52M	-2.11M	-900K	-2.18M	-2.71M	-3.95M	-4.1M	-3.2M	-3.5M
Pretax Income	134.74M	3.61M	151.86M	328.6M	443.04M	341.02M	161.25M	165.88M	204.94M	204.04M	123.27M	106.95M	131.65M	124.23M	100.05M	115.1M	107.68M	10.84M	10.62M	51.29M	29.41M	28.02M	55.41M	23.97M	15.03M	6.36M	59.04M	40.7M	30M	40.6M	34.1M
Pretax Margin %	4.89%	0.15%	6.93%	13.91%	17.62%	16.4%	11.15%	11.03%	11.93%	16.7%	11.67%	12.32%	15.45%	16.39%	14.98%	17.31%	17.71%	2.52%	2%	9.57%	5.5%	6%	11.62%	7.06%	5.31%	2.34%	15.87%	13.73%	11.13%	14.75%	14.13%
Income Tax	96.94M	75.31M	51.67M	69.11M	69.74M	57.22M	31.27M	26.8M	40.38M	84.52M	18.79M	24.48M	32.23M	35.45M	24.72M	28.08M	29.02M	1.43M	2.61M	14.45M	6.17M	11.44M	19.23M	8.63M	5.41M	2.29M	21.74M	15.5M	10.1M	15.3M	12.4M
Effective Tax Rate %	71.95%	2087.8%	34.03%	21.03%	15.74%	16.78%	19.39%	16.16%	19.7%	41.42%	15.24%	22.89%	24.48%	28.54%	24.71%	24.39%	26.95%	13.16%	24.54%	28.18%	20.98%	40.83%	34.7%	36%	36%	36.02%	36.82%	38.08%	33.67%	37.68%	36.36%
Net Income	37.79M	-71.7M	100.19M	259.49M	373.31M	283.81M	129.99M	139.08M	164.56M	119.52M	104.49M	82.47M	99.42M	88.78M	75.33M	87.02M	78.66M	9.41M	8.02M	36.84M	23.82M	17.71M	36.03M	15.34M	9.62M	4.07M	37.3M	25.2M	19.9M	25.3M	21.7M
Net Margin %	1.37%	-3%	4.57%	10.98%	14.85%	13.64%	8.99%	9.25%	9.58%	9.78%	9.89%	9.5%	11.67%	11.72%	11.28%	13.09%	12.94%	2.19%	1.51%	6.87%	4.45%	3.79%	7.56%	4.52%	3.4%	1.5%	10.03%	8.5%	7.38%	9.19%	8.99%
Net Income Growth %	-68.15%	-171.56%	-61.39%	-30.49%	31.54%	118.34%	-6.54%	-15.49%	37.69%	14.39%	26.7%	-17.05%	11.98%	17.86%	-13.44%	10.63%	735.86%	17.4%	-78.24%	54.61%	34.52%	-50.84%	134.88%	59.45%	136.36%	-89.09%	48.01%	26.63%	-21.34%	16.59%	12.44%
Net Income (Continuing)	37.79M	-71.7M	100.19M	259.49M	373.31M	283.81M	129.99M	139.08M	164.56M	119.52M	104.49M	80.87M	99.42M	88.78M	75.33M	87.02M	78.66M	9.41M	8.02M	36.84M	23.24M	16.58M	36.5M	15.34M	9.62M	4.07M	37.3M	25.22M	19.9M	25.3M	21.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1.13M	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	355K	312K	184K	131K	131K	131K	131K	137K	143K	143K	143K	143K	143K	143K	143K	143K	143K	143K	143K	144K	2.64M	0	0	0	0	0	0	100K	300K
EPS (Diluted)	1.47	-2.90	4.00	10.34	14.94	11.38	5.29	5.60	6.52	5.21	4.60	3.63	4.37	3.94	3.41	3.91	3.54	0.43	0.37	1.64	1.06	0.78	1.59	0.70	0.44	0.19	1.69	1.16	0.86	1.07	0.90
EPS Growth %	-76.76%	-172.5%	-61.32%	-30.79%	31.28%	115.12%	-5.54%	-14.11%	25.14%	13.26%	26.72%	-16.93%	10.91%	15.54%	-12.79%	10.45%	723.26%	16.22%	-77.44%	54.72%	35.9%	-50.94%	127.14%	59.09%	131.58%	-88.76%	45.69%	34.88%	-19.63%	18.89%	-6.25%
EPS (Basic)	-	-2.89	4.04	10.44	15.09	11.54	5.33	5.66	6.62	5.27	4.63	3.65	4.41	3.98	3.45	3.97	3.60	0.43	0.37	1.66	1.07	0.79	1.62	0.70	0.44	0.20	1.88	1.29	0.97	1.28	0.90
Diluted Shares Outstanding	25.67M	24.91M	25.04M	25.1M	24.99M	24.93M	24.59M	24.82M	25.23M	22.93M	22.73M	22.72M	22.73M	22.54M	22.1M	22.25M	22.21M	21.81M	21.83M	22.39M	22.43M	22.58M	22.6M	21.91M	21.97M	21.73M	22.07M	21.75M	23.15M	23.64M	24.25M
Basic Shares Outstanding	25.4M	24.91M	24.82M	24.85M	24.73M	24.6M	24.37M	24.58M	24.87M	22.69M	22.56M	22.57M	22.54M	22.32M	21.82M	21.9M	21.88M	21.74M	21.72M	22.23M	22.3M	22.41M	22.24M	21.91M	21.86M	19.95M	19.82M	19.57M	20.47M	19.77M	24.02M
Dividend Payout Ratio	-	-	66.93%	23.96%	14.98%	17.52%	36.03%	32.13%	24.3%	26.58%	26.67%	29.52%	21.3%	21.09%	21.99%	16.67%	4.13%	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Metrics

Growth RegimeExpanding

ProfitabilityModerate

Balance SheetHealthy

Cash FlowStable

Top Statement Risk

Margin volatility from charges

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Revenue Re-Accelerating Through Cyclical Recovery

According to the reported quarterly income statements, Littelfuse revenue grew from $554.3M in 2025Q1 to $766.7M in 2026Q3, a 22.7% year-over-year increase in the latest quarter that signals a sharp re-acceleration after several quarters of single-digit or negative growth.

The shift from negative growth in 2024 to 22.7% in the latest quarter suggests a demand recovery rather than a one-time pricing event, though the data does not isolate volume versus price or organic versus acquired contribution. Investors should monitor whether sequential revenue gains persist, since the step-up from $657.0M to $738.8M to $766.7M implies momentum that may be sensitive to end-market cycles in automotive and industrial demand.

Gross Margin Recovery Outpacing Operating Conversion

Based on reported figures, gross margin expanded from 33.4% in 2024Q4 to 41.5% in 2026Q3, yet operating margin reached only 20.0% in the same quarter, indicating that the gross profit gains are not fully flowing through to operating income.

The 8-point gross margin improvement is consistent with better mix or pricing discipline, but the gap between gross and operating margin suggests operating expenses or below-the-line items are absorbing a meaningful portion of the gains. The data does not identify the specific cost drivers, so the durability of the margin expansion warrants further investigation.

Reported Earnings Distorted by Period Charges

As reported in the quarterly statements, the 2025Q4 net loss of $242.1M against $593.9M revenue produced a -40.8% net margin, a figure that sits far outside the 11-15% net margins of the surrounding quarters and points to a discrete non-recurring event.

The magnitude of the 2025Q4 operating loss of $222.8M, relative to a gross profit of $225.7M, suggests a large impairment or restructuring-type charge rather than an operating deterioration, though the filing data alone cannot confirm the cause. Earnings trends should therefore be evaluated on normalized quarters, and the recent 4.49 diluted EPS in 2026Q3 should be read with the 2025Q4 distortion in mind.

Operating Income Scaling Faster Than Revenue

Based on the reported figures, operating income rose from $70.2M in 2025Q1 to $153.4M in 2026Q3, more than doubling while revenue grew about 38%, which indicates positive operating leverage over the period.

Operating income compounding faster than revenue implies that the fixed-cost base is being spread over higher volume, consistent with the high fixed-cost manufacturing structure typical of this business. SG&A held near $99M to $115M across recent quarters while revenue rose, which suggests overhead discipline, though sustained leverage depends on volumes staying elevated.

Guidance Strength Versus Reported Earnings Miss

Investors should weigh the reported 2026Q3 diluted EPS of 4.49 and 20.0% operating margin against the recent trend of volatile quarterly results, since a single large charge has already erased a full year of profitability in one quarter.

The strongest bear argument is that the recent profitability run may be partly cyclical and that a charge of the 2025Q4 magnitude could recur, undermining the earnings base. Based on the supplied data, the sustainability of the margin recovery cannot be confirmed, and the absence of disclosed one-time item detail limits how confidently normalized earnings can be estimated.

LFUS — Frequently Asked Questions

Quick answers to the most common questions about buying LFUS stock.

What was Littelfuse, Inc.'s (LFUS) revenue in 2025?

For fiscal year 2025, Littelfuse, Inc. (LFUS) reported total revenue of $2.39B. This represents a 888.5% increase compared to $241.4M in 1996.

Is Littelfuse, Inc. (LFUS) profitable?

Littelfuse, Inc. (LFUS) reported a net loss of $71.7M for the fiscal year ending 2025.

What is Littelfuse, Inc.'s operating profit margin?

Littelfuse, Inc. (LFUS) reported an operating income of $37.5M, resulting in an operating profit margin of 1.6%. This margin reflects the operational efficiency of the business before interest and taxes.

What is Littelfuse, Inc.'s gross profit and gross margin?

Littelfuse, Inc. (LFUS) generated $906.0M in gross profit for the year, representing a gross profit margin of 38.0%. This demonstrates the company's core pricing power and production efficiency.