Business
Dana Incorporated Reports Strong First-Quarter Results; Maintains Full-Year Guidance; Announces New Business Win
Dana Incorporated today announced its first‑quarter 2026 financial results, delivering strong performance and maintaining full-year guidance.
About this update from Dana Incorporated
[{"type":"text","content":"First- Quarter Highlights:","length":26,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $1.9 billion and increase of five percent over the first quarter of 2025","length":81,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $171 million; $78 million higher than first quarter of 2025","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"9.2 percent adjusted EBITDA margin; 400 basis points higher than prior year","length":75,"tagName":"p"}]},{"val":[{"type":"text","content":"Completed sale of the Off‑Highway business","length":42,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved $35 million in additional cost savings","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"Repurchased 4.4 million shares, returning $125 million to shareholders","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced significant new business win","length":38,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":431,"olType":false},{"type":"text","content":"MAUMEE, Ohio, April 29, 2026 /PRNewswire/ -- Dana Incorporated today announced its first‑quarter 2026 financial results, delivering strong performance and maintaining full-year guidance.","length":186,"tagName":"p"},{"type":"image","alt":"Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)","displaySize":"","headline":null,"caption":"Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":215,"url":"https://media.zenfs.com/en/prnewswire.com/3856c16d931eb9184bc663b0ee1588ae"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YEl7fFaVlGGqQYzqqcvjVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM3OQ--/https://media.zenfs.com/en/prnewswire.com/3856c16d931eb9184bc663b0ee1588ae","width":400,"height":215}},"href":"https://mma.prnewswire.com/media/460745/dana_incorporated_logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Dana's long-term strategy is clear and built on actions fully within our control – improving our cost structure and executing with discipline" said R. Bruce McDonald, Chairman and Chief Executive Officer. "Our first-quarter results demonstrate our progress with meaningful margin expansion and continued momentum in new business wins. The Dana 2030 plan outlin...