EnerSys reported record gross margins and an 80% increase in data-center orders during its first-quarter fiscal 2027 earnings call [1].
The results signal a significant shift in the company's growth trajectory, driven by the rapid expansion of digital infrastructure and federal support for domestic battery production.
Adjusted earnings per share for the first quarter reached $3.66 [3]. This represents a substantial increase from the $2.08 per share reported in the first quarter of fiscal 2026 [4]. The company, which is headquartered in Reading, Pennsylvania, held the earnings call on Aug. 13 [7].
A primary catalyst for the company's current expansion is a $150 million grant from the U.S. Department of Energy [2]. These funds are designated for the development of a lithium facility, aligning with broader national efforts to secure energy supply chains.
Demand for power solutions in the technology sector remains a dominant driver. The 80% surge in data-center orders [1] highlights the increasing need for reliable energy storage, and power management as artificial intelligence and cloud computing scale.
Looking ahead, EnerSys provided guidance for the second quarter of fiscal 2027. The company expects sales to fall between $955 million and $995 million [5]. Adjusted earnings per share for the second quarter are projected to be between $3.15 and $3.25 [6].
These financial targets are supported by ongoing projects, including a 1 GWh U.S. defense-related initiative [5]. The company continues to pivot toward high-growth sectors while maintaining its core energy services portfolio.
“Data-center orders increased by 80%”
The convergence of a massive spike in data-center demand and significant federal subsidies suggests EnerSys is successfully transitioning from traditional energy services to the high-growth lithium and AI-infrastructure markets. By securing DOE funding, the company reduces the capital risk of expanding its domestic manufacturing footprint while positioning itself as a critical vendor for both the U.S. defense sector and the global tech industry.
