Earnings Releases·Nov 2, 2026, 4:10 PM ET

Allison Transmission Holdings Inc. — Third Quarter 2026 Earnings Summary

Consolidated net sales reached $1,534 million, a 121% year-over-year increase driven by the $653 million contribution from the Allison Off-Highway acquisition; net income rose to $191 million and diluted EPS increased 41% to $2.30.
The company raised full-year 2026 guidance across all key metrics, including net sales ($5,975–$6,075 million), net income ($645–$685 million), and adjusted EBITDA ($1,530–$1,580 million), noting that net income guidance includes approximately $125 million in one-time integration and restructuring expenses.
Strong cash generation was highlighted with adjusted free cash flow up 51% to $278 million and over $400 million of debt repaid year-to-date, while the company repurchased $57 million of common stock and paid a $0.29 per share quarterly dividend.
Performance was driven by record revenue in the Allison Transmission segment ($881 million) and robust demand in mining and construction end markets, though Industrial and Agriculture sectors remained subdued due to geopolitical developments.