Dana Incorporated — Third Quarter 2026 Earnings Summary

Dana Incorporated reported third-quarter 2026 sales of $2.04 billion, an increase of $121 million compared to the prior year, driven by stronger commercial vehicle demand and backlog conversion. The company achieved an adjusted EBITDA of $218 million with a 10.7% margin, representing a 220 basis point improvement over the same period in 2025, while returning $200 million to shareholders through share repurchases during the quarter. Dana has revised its full-year 2026 sales guidance upward to a range of $7.75 to $7.85 billion and maintains its adjusted EBITDA outlook between $800 million and $850 million. The proposed transaction with Eaton Mobility remains on track to close around the end of the first quarter of 2027, with nearly all regulatory approvals secured.