Earnings Releases·Oct 28, 2026, 7:00 AM ET

Dana Incorporated — Third Quarter 2026 Earnings Summary

Third-quarter 2026 sales rose 6.3% year-over-year to $2.038 billion, while adjusted EBITDA increased 34.6% to $218 million (10.7% margin), though net loss from continuing operations was $10 million compared to $13 million net income in the prior year.
Full-year 2026 sales guidance was raised by approximately $50 million to $7.75–$7.85 billion; adjusted EBITDA, adjusted EPS, and adjusted free cash flow guidance ranges remain unchanged.
The company executed $200 million in share repurchases during the quarter, bringing year-to-date buybacks to $369 million, with an additional $100 million planned for Q4 2026.
The Eaton Mobility transaction remains on track to close in Q1 2027, with nearly all regulatory approvals secured and expectations to achieve $250 million in run-rate cost synergies within 24 months post-closing.
Year-to-date adjusted EBITDA reached $596 million, driven by strong commercial vehicle demand and $60 million in cost savings, despite a $29 million foreign tax settlement charge and $24 million debt extinguishment loss in Q3.