ST earnings analysis
What we found in ST's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Sensata Technologies reported a 2.6% increase in revenue for Q1 2026, achieving $934.8 million, which surpassed both consensus estimates and prior year results. Gross margin improved to 29.9% while operating income surged 15.9% to $141.6 million, reflecting strong performance in the Aerospace, Defense, and Commercial Equipment segment, despite declines in Automotive and Industrials. EPS beat expectations at $0.86.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 2.6%
- Net revenue increased to $934.8 million for Q1 2026, up from $911.3 million in Q1 2025.
- Operating Income Surged 15.9%
- Operating income rose to $141.6 million, compared to $122.2 million in the previous year.
- EPS Beat Expectations
- Reported EPS was $0.86, exceeding the estimated $0.83.
- Significant Growth in Aerospace Segment
- Aerospace, Defense, and Commercial Equipment segment revenue increased by 14.8% year-over-year.
- Improved Operating Margin
- Operating margin improved to 15.2%, up from 13.4% in the prior year.
- Positive Cash Flow Dynamics
- Generated operating cash flows of $122.5 million during the quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Ongoing Declines in Automotive Revenue
- Automotive revenue decreased by 0.8% year-over-year, highlighting demand challenges.
- Inflation Impact on Costs
- Continued inflation in material and logistics costs may pressure margins going forward.
- Impact of Divestitures
- Revenue effects from the divestiture of the Magnetic Speed and Positioning Business contributed to revenue fluctuations.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.86
- Gross margin
- 29.9%
- Operating margin
- 15.2%
- Segment
- Automotive: $524.8M
- Segment
- Industrials: $184.2M
- Segment
- Aerospace: $225.8M
What they said about what is next.
Management anticipates continued organic revenue growth but is cautious about inflation and divestiture impacts.
The filing reads better than the one before it.
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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