EnerSys (NYSE: ENS) is an industrial battery manufacturing company that designs, manufactures, and services stored energy solutions across three global segments: Energy Systems, Motive Power, and Specialty. Revenue comes from transactional product sales supplemented by recurring service contracts, including preventative maintenance programs, sold through company-owned sales and service facilities and independent manufacturers' representatives. EnerSys posted $3.75 billion in net sales in FY2026 (fiscal year ended March 31, 2026), up 3.7% from $3.62 billion in FY2025. Segment operating earnings in FY2026 were $145.5 million for Energy Systems, $199.8 million for Motive Power, and $62.1 million for Specialty. The company has manufactured industrial batteries for over 125 years and completed its IPO on the New York Stock Exchange in 2004. As of March 31, 2026, EnerSys held $439 million in cash and cash equivalents with approximately $565 million in undrawn credit lines. President and CEO Shawn M. O'Connell has held the role since May 2025.

Revenue model

Transactional product sales of industrial batteries and energy storage systems, supplemented by service revenue from preventative maintenance programs and customer support contracts delivered through company-owned facilities and independent representatives.

Products and services

Industrial batteries across three lines of business: Energy Systems (reserve power batteries for stationary applications), Motive Power (batteries for electric forklift and industrial vehicle applications), and Specialty batteries. Products are manufactured using lead, plastics, steel, and copper as primary raw materials. Service offerings include preventative maintenance programs.

Customers and end markets

Industrial end markets served across the Energy Systems, Motive Power, and Specialty segments globally. The filing does not disclose specific customer names or customer concentration data.

Value-chain role

Vertically integrated manufacturer and servicer: EnerSys manufactures and assembles batteries at its own facilities in the Americas, EMEA, and Asia, then distributes and services products through company-owned sales and service locations and independent manufacturers' representatives.

Geographic exposure

Global operations with manufacturing facilities in the Americas, EMEA, and Asia. Sales and service locations span worldwide markets. Segment performance is evaluated on a global basis by line of business rather than by geography.

Source: SEC 10-K, filed 2026-05-20

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