Energizer Holdings 2025 Q4 Earnings Net Income Falls 26.7% as Earnings Miss Expectations

Energizer Holdings reported fiscal 2025 Q4 earnings on Nov 18, 2025, with revenue beating expectations but EPS falling short. The company guided to cautious 2026 performance amid tariff headwinds and soft demand, signaling transitional challenges in Q1.

Revenue

Energizer Holdings reported total revenue of $832.80 million for 2025 Q4, a 3.4% increase from $805.70 million in the prior-year period. This growth was driven by e-commerce expansion and international market momentum, though organic net sales declined by 2.2% due to softer consumer demand in North America.

Earnings/Net Income

Energizer’s EPS dropped 22.9% to $0.51 in 2025 Q4 from $0.66 in 2024 Q4, while net income fell 26.7% to $34.90 million from $47.60 million. The decline was attributed to higher product costs, tariff pressures, and integration costs from the Advanced Power Solutions (APS) acquisition. The significant EPS and net income declines highlight ongoing profitability challenges.

Price Action

Energizer’s stock price fell 0.10% on the day of the earnings release but dropped 20.23% for the week and 21.90% month-to-date.

Post-Earnings Price Action Review

The strategy of buying ENR shares after a revenue beat and holding for 30 days historically showed positive momentum, with trading volume 25% higher than average. Short-term gains peaked within 30 days, though volatility remained low with a maximum drawdown of 5%. The strategy yielded an average 8% return, making it a conservative approach for capitalizing on earnings-driven price appreciation.

CEO Commentary

Mark LaVigne, CEO, emphasized Energizer’s resilience in 2025, citing e-commerce growth (+35% Q4), international expansion, and Project Momentum’s $200M+ savings. He acknowledged challenges like tariffs and soft demand but expressed confidence in 2026’s stronger earnings foundation through operational efficiency and APS integration.

Guidance

Energizer expects 2026 to face transitional challenges in Q1 due to tariff costs and soft demand but anticipates double-digit adjusted EPS growth in Q2–Q4. CFO John Drabik outlined $15M–$20M in U.S. production credits, $150M–$200M in debt reduction, and e-commerce growth of ~15% for 2026.

Additional News

Energizer returned $177 million to shareholders in 2025 through dividends and share repurchases, reducing outstanding shares by 5%. The company extended its $200M+ cost-saving Project Momentum initiative into a fourth year to enhance operational efficiency and integrate APS. Additionally, Energizer announced a $0.30/share quarterly dividend, maintaining its 5%+ yield despite the recent stock selloff.