Littelfuse Reports 9.8% Revenue Growth to $613.4 Million in Q2 2025

Littelfuse, Inc. reported a strong financial performance for the second quarter of 2025, with net sales reaching $613.4 million, a 9.8% increase from $558.5 million in the same period last year. The growth was bolstered by $13.4 million in incremental sales from the recently acquired Dortmund Fab, contributing 2.4% to the overall sales increase, alongside favorable foreign exchange impacts of $7.0 million. The company's net income also rose to $57.3 million, or $2.30 per diluted share, compared to $45.5 million, or $1.82 per diluted share, in the prior year, reflecting improved operating income across all segments.

In terms of operational metrics, Littelfuse's gross profit for the quarter was $232.1 million, representing 37.8% of net sales, up from 37.1% a year earlier. The increase in gross profit was primarily driven by higher volumes in the Electronics and Industrial segments, as well as improved margins in the Transportation segment. Operating income surged by 41.6% to $92.8 million, with operating margins increasing from 11.7% to 15.1%. The company attributed these improvements to volume leverage and cost-saving initiatives, despite facing some challenges from foreign exchange losses.

Littelfuse's strategic developments included the acquisition of the Dortmund Fab, a semiconductor manufacturing facility in Germany, completed on December 31, 2024, for approximately €94 million. This acquisition is expected to enhance the company's capabilities in the semiconductor market. The company also reported a restructuring charge of $2.5 million for the quarter, primarily related to employee termination costs, as part of ongoing efforts to optimize operations across its segments.

Geographically, net sales increased across all regions, with the Americas reporting a 9.2% rise, Asia-Pacific up by 4.5%, and Europe seeing a significant 20.8% increase, largely due to the Dortmund Fab acquisition. The company served over 100,000 end customers and employed approximately 16,000 associates globally, indicating a stable operational base for future growth.

Looking ahead, Littelfuse remains optimistic about its growth trajectory, supported by strong demand across its product lines and strategic investments. The company anticipates continued revenue growth driven by higher volumes and favorable pricing, although it remains cautious about potential impacts from tariffs and foreign exchange fluctuations. The management expects to maintain compliance with all financial covenants and continue to leverage its operational efficiencies to enhance profitability.