Earnings Releases·Nov 3, 2026, 8:42 AM ET

Aptiv — Third Quarter 2026 Earnings Summary

Q3 U.S. GAAP revenue reached $3.2 billion (up 2% YoY), while adjusted net income fell to $292 million ($1.42/share) from $321 million ($1.48/share) in the prior year; U.S. GAAP net income improved significantly to $194 million from a $488 million loss in the prior year, which included a $648 million goodwill impairment charge.
Full-year 2026 guidance remains stable with net sales projected at $12.65–$12.75 billion and adjusted EBITDA at $2.31–$2.37 billion; Q4 net sales are forecast between $3.11–$3.21 billion with adjusted net income per share of $1.35–$1.55.
The Intelligent Systems segment faced headwinds with Q3 net sales declining 3% and adjusted EBITDA dropping 18%, whereas Engineered Components grew 7% in sales and 2% in EBITDA; regional performance was mixed with North America and Asia Pacific growth offset by EMEA declines.
Capital return and balance sheet activities included $233 million in share repurchases during Q3 (totaling $558 million YTD) with $1.6 billion remaining in authorization, alongside a $2.1 billion debt repayment linked to the EDS spin-off.