CTS Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 27, 2026, reporting third-quarter net sales of $149,583 thousand and net earnings of $17,757 thousand.

Key Highlights

  • Net sales: $149,583 thousand for the three months ended September 30, 2026, compared with $142,970 thousand in the same period of 2025.
  • Net earnings: $17,757 thousand for Q3 2026, versus $13,687 thousand in Q3 2025; diluted earnings per share were $0.61, up from $0.46.
  • Nine-month net sales: $433,593 thousand for the nine months ended September 30, 2026, compared with $404,047 thousand for the same period in 2025.
  • Cash and cash equivalents: $143,880 thousand as of September 30, 2026, up from $82,295 thousand at December 31, 2025.
  • Operating earnings: $25,539 thousand for Q3 2026, compared with $20,938 thousand in Q3 2025.
  • Shares outstanding: 28,497,611 common shares as of October 20, 2026.
  • Cash dividends declared: $0.04 per share for the quarter, consistent with Q3 2025.

CTS Corporation Third-Quarter 2026 Financial Results and Balance Sheet Review

According to the filing, CTS Corporation (NYSE:CTS) reported net sales of $149,583 thousand for the three months ended September 30, 2026, an increase from $142,970 thousand in the corresponding prior-year quarter. Gross margin for the quarter was $63,152 thousand, compared with $55,341 thousand in Q3 2025. Operating earnings reached $25,539 thousand, up from $20,938 thousand a year earlier. Income tax expense for the quarter was $20,468 thousand, versus $6,033 thousand in Q3 2025, contributing to net earnings of $17,757 thousand.

For the nine months ended September 30, 2026, the company disclosed net sales of $433,593 thousand, up from $404,047 thousand for the same period in 2025. Nine-month net earnings were $54,118 thousand, compared with $45,581 thousand in the prior-year period. Diluted earnings per share on a nine-month basis were $1.87, versus $1.52 in 2025. The filing noted other income (expense), net of $12,534 thousand for Q3 2026, compared with a loss of $643 thousand in Q3 2025, which contributed to earnings before income taxes of $38,225 thousand for the quarter.

The condensed consolidated balance sheet as of September 30, 2026, showed total assets of $822,094 thousand, up from $764,311 thousand at December 31, 2025. Long-term debt stood at $55,000 thousand, down from $57,500 thousand at year-end 2025. Total shareholders' equity was $586,724 thousand. The cash flow statement indicated net cash provided by operating activities of $94,257 thousand for the nine months ended September 30, 2026, compared with $72,893 thousand in the prior-year period. Purchases of treasury stock totaled $15,230 thousand over the nine-month period.

What Was Disclosed

CTS Corporation disclosed its unaudited condensed consolidated financial statements for Q3 2026, covering income, comprehensive earnings, balance sheet, and cash flow data, along with share count and dividend information as of and for the period ended September 30, 2026.