ROG · 10-Q · 2026Q1 · Full report
FX / Currency Impact
ROGERS CORP · 2026-04-29 · Importance 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 level, AES net sales included a $5.3 million currency benefit and EMS net sales included a $2.5 million favorable impact. Management discloses that part of the year‑over‑year sales gains across electronics, communications and industrial end markets reflect these translation effects. The company continues to present results both inclusive of and adjusted for currency to distinguish underlying demand from FX-driven changes.
Key facts
- The change in other income (expense), net was primarily due to $2.6 million of favorable year-over-year changes in foreign currency transaction impacts, partially offset by $1.0 million unfavorable performance on foreign exchange and copper derivative contracts.
- AES net sales included a $5.3 million benefit from the appreciation of the euro and Chinese yuan relative to the U.S. dollar in Q1 2026.
- EMS net sales included a $2.5 million favorable impact from the appreciation of the euro and Chinese yuan relative to the U.S. dollar in Q1 2026.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +2.6% | AES net sales included a $5.3 million benefit from the appreciation of the euro and Chinese yuan relative to the U.S. dollar in Q1 2026. |
| revenue | positive | realized | +1.3% | EMS net sales included a $2.5 million favorable impact from the appreciation of the euro and Chinese yuan relative to the U.S. dollar in… |
| net_income | positive | realized | +0.8% | The change in other income (expense), net was primarily due to $2.6 million of favorable year-over-year changes in foreign currency… |