美国力特保险丝 2026年季度报告

FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 28, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ___ to ___ (Exact name of registrant as specified in its charter) Delaware36-3795742(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) RosemontIllinois60018(Address of principal executive offices)(ZIP Code) Registrant’s telephone number, including area code: 773-628-1000 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted and posted pursuantto Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit and post such files). Yes [X] No☐ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data Filerequired to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or forsuch shorter period that the registrant was required to submit and post such files). Yes [X] No [ ] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act (Check one): Large accelerated filer [X] Accelerated filer [ ] Non-accelerated filer [ ] Smaller reportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes [ ] No [ ] Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No [X] As ofMay1, 2026, the registrant had outstanding 25,288,904 shares of Common Stock, net of Treasury Shares. TABLE OF CONTENTS PART IFINANCIAL INFORMATIONItem 1.Financial StatementsCondensed Consolidated Balance Sheets as of March 28, 2026 (unaudited) and December 27, 20253Condensed Consolidated Statements of Operations for the three months ended March 28, 2026 (unaudited) andMarch 29, 2025 (unaudited)4Condensed Consolidated Statements of Comprehensive Income for the three months ended March 28, 2026(unaudited) and March 29, 2025 (unaudited)5Condensed Consolidated Statements of Cash Flows for the three months ended March 28, 2026 (unaudited) andMarch 29, 2025 (unaudited)6Condensed Consolidated Statements of Stockholders' Equity for the three months ended March 28, 2026(unaudited) and March 29, 2025 (unaudited)7Notes to Condensed Consolidated Financial Statements (unaudited)8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations33Item 3.Quantitative and Qualitative Disclosures About Market Risk42Item 4.Controls and Procedures42PART IIOTHER INFORMATIONItem 1.Legal Proceedings42Item 1A.Risk Factors42Item 2.Unregistered Sales of Equity Securities and Use of Proceeds42Item 3.Defaults Upon Senior Securities43Item 4.Mine Safety Disclosures43Item 5.Other Information43Item 6.Exhibits43Signatures45 LITTELFUSE, INC.CONDENSEDCONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited) LITTELFUSE, INC.CONDENSEDCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) Three Months Ended (in thousands)March 28, 2026March 29, 2025Net income$75,147$43,571Other comprehensive income (loss):Pension and postemployment adjustments, net of tax516219Cash flow hedges, net of tax(3,244)588Foreign currency translation adjustments, net of tax(16,446)36,790Comprehensive income$55,973$81,168 LITTELFUSE, INC.CONDENSEDCONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) Notes to Condensed Consolidated Financial Statements 1. Summary of Significant Accounting Policies and Other Information Nature of Operations Founded in 1927, Littelfuse, Inc. ("Littelfuse" or the "Company") is a diversified, industrial technology manufacturing companyempowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 17,000 globalassociates, the Company partners with customers to design and de