Business
Aptiv Reports Second Quarter 2026 Financial Results
Aptiv Reports Second Quarter 2026 Financial
About this update from Aptiv Plc
[{"type":"text","content":"\nAptiv PLC (NYSE: APTV), a global industrial technology company, today reported financial results for the second quarter of 2026.\n\nSecond Quarter Financial Highlights Include:U.S. GAAP revenue of $3.3 billion, an increase of 2%\nAdjusted revenue growth of 2%\nU.S. GAAP net income from continuing operations of $298 million\nAdjusted EBITDA of $613 million\nU.S. GAAP diluted earnings per share from continuing operations of $1.40\nAdjusted net income per share of $1.63\nCompleted the spin-off of Electrical Distribution Systems segment\nElectrical Distribution Systems segment classified as discontinued operations for all periods presented\nReceived cash dividend of $1.9 billion in connection with the spin-offYear-to-Date Financial Highlights Include:U.S. GAAP revenue of $6.3 billion, an increase of 2%\nAdjusted revenue growth of 1%\nU.S. GAAP net income from continuing operations of $427 million\nAdjusted EBITDA of $1,106 million\nU.S. GAAP diluted earnings per share from continuing operations of $2.01\nAdjusted net income per share of $2.56\n\"We delivered solid results in the second quarter, our first as New Aptiv, with a reacceleration in revenue growth and margin expansion year-over-year,” said Kevin Clark, chair and chief executive officer. “In addition, we continued to demonstrate progress on many of our strategic initiatives, including double digit revenue growth in Non-Automotive revenues, advancing our presence in the Robotics market from partnerships to commercial stage, and securing a major Drone market commercial win in early July. While the macroeconomic landscape for Automotive remains dynamic and customer mix has presented as an incremental headwind, we remain committed to delivering continued revenue growth and strong operating performance this year. Moreover, our strong belief in the long-term value of our business and opportunity for growth across markets has reinforced our commitment in returning capital to shareholders, with half of our expected cash flow for the year already having been allocated towards share repurchases, a level we see continuing for the next few years.\"\n\n\nSecond Quarter 2026 Results\nFor the three months ended June 30, 2026, the Company reported U.S. GAAP revenue of $3.3 billion, an increase of 2% from the prior year period. Adjusted for currency exchange and commodity movements, reven...