ROG · Industrials

ROGERS CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

10-Q · 2026-04-29

• Income Tax Rate ChangesImportance 84 · Surprise 100
  Rogers reported an effective tax rate of 60.2% in Q1 2026, resulting in income tax expense of $6.8 million compared to a tax benefit of $0.2 million in Q1 2025. The quarter-over-quarter increase was primarily driven by…
• Guidance / OutlookImportance 75 · Surprise 60
  For 2026 the company expects capital spending in the range of approximately $30.0 million to $40.0 million. Rogers plans to fund this capital spending with cash from operations and existing cash on hand. Management…
• Capital Expenditure GuidanceImportance 68 · Surprise 42
  The Company expects 2026 capital spending in the range of approximately $30.0 million to $40.0 million. Management plans to fund 2026 capital expenditures with cash from operations and cash on-hand. The capex plan…
• Gross Margin DriversImportance 61 · Surprise 58
  Company gross margin rose approximately 230 basis points to 32.2% of net sales in Q1 2026 from 29.9% in Q1 2025, equating to gross profit of $64.6 million versus $57.0 million. Management attributes the improvement to…
• Geographic Cash PositionImportance 59 · Surprise 30
  Rogers reports total cash and cash equivalents of $195.8 million as of March 31, 2026, with $109.3 million held in the U.S., $44.2 million in Europe and $42.3 million in Asia. Approximately $86.5 million of cash was…
• Capital Return ProgramImportance 58 · Surprise 42
  The Fifth Amended Credit Agreement permits the company to pay cash dividends provided no default exists and the company's total net leverage ratio does not exceed 2.75 to 1.00. If the total net leverage ratio exceeds…
• Quarterly Results SnapshotImportance 56 · Surprise 46
  For the three months ended March 31, 2026, net sales were $200.5 million, up 5.2% from $190.5 million in Q1 2025. Gross margin improved to 32.2% of sales in Q1 2026 from 29.9% in Q1 2025, and operating income was 5.3%…
• Operating Cash Flow TrendsImportance 51 · Surprise 64
  Net cash provided by operating activities was $5.8 million in Q1 2026 versus $11.7 million in Q1 2025, a decline of $5.9 million year-over-year. Net cash used in investing activities was $(4.5) million in Q1 2026…
• Manufacturing Footprint OptimizationImportance 51 · Surprise 42
  Rogers is executing manufacturing footprint consolidation and other operational excellence actions to improve yields, throughput and procurement, and to reduce manufacturing and corporate headcount. Management reports…
• Market Demand TrendsImportance 49 · Surprise 32
  Rogers’ net sales increased 5.2% year-over-year to $200.5 million (a $10.0 million increase) in Q1 2026, driven by higher demand in industrial and electronics & communications end markets and partially offset by weaker…
• Accounts Receivable and Working CapitalImportance 49 · Surprise 32
  Accounts receivable, net rose 8.8% to $142.1 million as of March 31, 2026 from $130.6 million at December 31, 2025, an increase of $11.5 million. Management attributes the AR increase primarily to higher net sales in…
• Restructuring and Impairment ChargesImportance 45 · Surprise 42
  The Company recorded restructuring and impairment charges of $5.9 million in Q1 2026 related to manufacturing footprint consolidation in Eschenbach, Germany, an executive leadership transition, additional reductions in…
• Revenue Performance and MixImportance 43 · Surprise 32
  Net sales increased 5.2% year-over-year to $200.5 million in the three months ended March 31, 2026, a $10.0 million increase versus Q1 2025. The Company reported a $7.9 million favorable FX impact from appreciation of…
• Balance Sheet / Working Capital ChangesImportance 43 · Surprise 32
  Accounts receivable, net increased 8.8% sequentially to $142.1 million as of March 31, 2026 from $130.6 million at December 31, 2025, primarily due to higher net sales in the last month of Q1 2026. Inventories…
• End-Market Demand TrendsImportance 43 · Surprise 32
  By end market, net sales in Q1 2026 increased in the industrial and electronics and communications markets and were partially offset by lower net sales in the automotive market versus Q1 2025, contributing to the…
• Liquidity and Cash PositionImportance 41 · Surprise 14
  As of March 31, 2026, Rogers held $195.8 million of cash and cash equivalents globally (down $1.2 million from December 31, 2025). Approximately $86.5 million of cash was held by non-U.S. subsidiaries as of March 31,…
• Other Income (Expense) / FX ImpactImportance 38 · Surprise 46
  Other income (expense), net was income of $0.3 million in Q1 2026 versus expense of $1.6 million in Q1 2025, a year-over-year swing of $1.9 million. The change was primarily due to $2.6 million of favorable…
• Segment Revenue PerformanceImportance 37 · Surprise 32
  AES net sales increased 3.4% year-over-year to $107.7 million in Q1 2026, a $3.5 million increase that included a $5.3 million FX benefit from euro and yuan appreciation. EMS net sales increased 7.0% year-over-year to…
• FX / Currency ImpactImportance 37 · Surprise 32
  Foreign currency translation was a meaningful net tailwind in Q1 2026, contributing $7.9 million to consolidated net sales growth due to appreciation of the euro and Chinese yuan versus the U.S. dollar. At the segment…
• FX / Currency HeadwindsImportance 37 · Surprise 32
  Net sales in Q1 2026 included a $7.9 million benefit from appreciation of the euro and Chinese yuan versus the U.S. dollar, contributing to a $10.0 million (5.2%) year-over-year sales increase for the quarter. The…
• Operating Expense TrendsImportance 31 · Surprise 32
  SG&A decreased 7.4% year-over-year to $41.2 million (20.6% of sales) in Q1 2026 from $44.5 million in Q1 2025, primarily due to a $2.3 million reduction in professional services and $0.9 million lower software costs.…
• Restrictions on Payment of DividendsImportance 24 · Surprise 6
  The Fifth Amended Credit Agreement permits payment of cash dividends provided no default exists and the Company's total net leverage ratio does not exceed 2.75 to 1.00. If leverage exceeds 2.75 to 1.00, the Company may…