APTV · Automotive

Aptiv PLC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Market Demand TrendsImportance 20 · Surprise 24
  Aptiv faced weaker automotive production schedules in China during the second quarter. Customer delays and postponed program launches contributed to a softer near-term demand environment. The company nevertheless…

News · 2026-08-06

• Guidance / OutlookImportance 63 · Surprise 60
  Aptiv lowered its full-year 2026 revenue outlook to $12.6 billion-$12.8 billion, below the $13.27 billion FactSet estimate. Management forecast third-quarter revenue of $3.12 billion-$3.22 billion and expects a…

News · 2026-08-05

• Guidance and OutlookImportance 63 · Surprise 60
  Aptiv forecast third-quarter revenue of $3.12 billion to $3.22 billion, implying a sequential decline from second-quarter revenue of $3.274 billion. Full-year 2026 revenue guidance was set at $12.6 billion to $12.8…
• Products and TechnologyImportance 31 · Surprise 42
  Aptiv is emphasizing non-automotive technology opportunities alongside its automotive portfolio. Management highlighted a July win in the drone market, indicating commercial traction beyond vehicle programs. The…
• Market Demand TrendsImportance 20 · Surprise 24
  Aptiv faced weaker automotive production schedules in China during the second quarter. Customer delays and postponed program launches contributed to a softer near-term demand environment. The company nevertheless…

10-Q · 2026-08-04

• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Aptiv completed the separation of its Electrical Distribution Systems business into Versigent on April 1, 2026 and distributed all Versigent ordinary shares pro rata to Aptiv shareholders. Aptiv received an…
• Income Tax Rate ChangesImportance 71 · Surprise 82
  Aptiv’s effective tax rate for the three and six months ended June 30, 2026 included discrete tax benefits of approximately $5 million and $7 million, primarily from prior-year true-ups. By comparison, the first six…
• Debt Redemption and LiquidityImportance 64 · Surprise 42
  As of June 30, 2026, Aptiv held $761 million of cash and cash equivalents and reported net debt of $4.6 billion. Total available liquidity was $3.271 billion, including $1.998 billion of unused revolving-credit…
• Mexico Labor RegulationImportance 56 · Surprise 58
  Mexico implemented statutory minimum-wage increases of approximately 13% in 2026 and 12% in 2025, with the 2026 increase reduced to 5% in the Northern Border Zone. Mexico may also shorten the standard work week from 48…
• Trade Policy and TariffsImportance 53 · Surprise 60
  Beginning April 2, 2025, the U.S. announced tariffs of at least 10% on imported goods from all countries, with higher rates for certain countries, and other countries announced retaliatory tariffs or negotiated trade…
• Capital Return ProgramImportance 50 · Surprise 24
  Aptiv’s July 2024 Board authorization permits up to $5.0 billion of ordinary-share repurchases. During the six months ended June 30, 2026, Aptiv repurchased approximately 5.1 million shares for $325 million in…
• Revenue Performance and MixImportance 49 · Surprise 32
  Aptiv’s total net sales increased to $3.274 billion in the second quarter of 2026 from $3.199 billion in the second quarter of 2025, and increased to $6.306 billion for the first six months from $6.186 billion.…
• Headcount / RestructuringImportance 46 · Surprise 42
  Aptiv recorded employee-related and other restructuring charges of approximately $24 million in the second quarter and $40 million in the first six months of 2026. The company expects approximately $45 million of…
• Gross Margin DriversImportance 37 · Surprise 32
  Total gross margin increased to 23.7% in the second quarter of 2026 from 22.9% in the second quarter of 2025 and to 22.9% for the first six months from 22.7%. Engineered Components gross margin improved to 27.6%…
• Manufacturing and CapacityImportance 34 · Surprise 42
  Aptiv is rotating its manufacturing footprint toward best-cost locations, reducing global overhead and aligning capacity with regional automotive production. Approximately 83% of its hourly workforce was located in…
• Supply Chain ConstraintsImportance 32 · Surprise 24
  Aptiv continues to carry critical inventory and procure productive, raw-material and non-critical components to satisfy OEM vehicle-production schedules. Productive, raw and component-material inventories were…
• Geographic Market CommentaryImportance 31 · Surprise 32
  Second-quarter and year-to-date volume growth was concentrated in North America and Asia Pacific, partially offset by declines in Europe. Aptiv has operations and sales in China across each business segment, supported…
• Competition and Pricing PressureImportance 31 · Surprise 6
  The automotive technology and components industry is highly competitive, with rapidly changing technology, evolving standards and new entrants from outside the traditional automotive supply industry. OEM cost-cutting…
• Operating Margin DriversImportance 26 · Surprise 24
  Adjusted Operating Income for the three months ended June 30, 2026 was affected by $54 million of volume impacts, including contractual price reductions net of price recoveries, together with product mix and…
• Macroeconomic Factors ImpactImportance 20 · Surprise 24
  Global inflationary pressures continued in 2026, reducing consumer demand for vehicles and increasing Aptiv’s input costs, which adversely affected sales and profitability. Economic weakness or volatility in North…
• Products and TechnologyImportance 16 · Surprise 6
  Aptiv’s Intelligent Systems segment provides software and services, intelligent sensors and high-performance compute platforms, while Engineered Components provides connection systems, high-performance interconnects,…

8-K · 2026-08-04

• Outstanding IndebtednessImportance 79 · Surprise 66
  Aptiv redeemed $1.847 billion of aggregate principal amount of senior notes in April 2026, principally using the Versigent spin-off distribution. Long-term debt declined to $5.331 billion at June 30, 2026, from $7.467…
• Guidance / OutlookImportance 75 · Surprise 60
  Aptiv forecast third-quarter 2026 net sales of $3.120 billion to $3.220 billion and adjusted EBITDA of $545 million to $575 million, implying a 17.7% adjusted EBITDA margin at the midpoint. Full-year 2026 net sales…
• OECD Global Minimum TaxImportance 58 · Surprise 42
  The OECD Administrative Guidance issued in the first quarter of 2025 affected Aptiv’s Swiss tax incentive. Aptiv no longer expects to obtain significant benefits from the incentive granted to its Swiss subsidiary in…
• Operating Cash Flow and Free Cash Flow TrendsImportance 56 · Surprise 64
  Second-quarter operating cash flow from continuing operations declined to $137 million from $326 million, while free cash flow declined to $12 million from $219 million. Six-month operating cash flow fell to $82…
• Capital Return ProgramImportance 52 · Surprise 42
  Aptiv repurchased and retired 4.1 million shares for $250 million during the second quarter of 2026. Year-to-date share repurchases totaled $325 million through June 30, 2026. The company had $1.8 billion remaining…
• Non-Automotive Strategic ExpansionImportance 44 · Surprise 58
  Aptiv reported double-digit revenue growth in Non-Automotive revenues during the second quarter of 2026. The company said it advanced its Robotics presence from partnerships to the commercial stage. Aptiv also secured…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 60
  Aptiv completed the spin-off of its former Electrical Distribution Systems segment into Versigent PLC on April 1, 2026. Electrical Distribution Systems is classified as discontinued operations for all periods…
• Operating Income and MarginsImportance 32 · Surprise 40
  Second-quarter adjusted EBITDA increased to $613 million from $547 million, raising the margin to 18.7% from 17.1%. Adjusted operating income increased to $473 million from $410 million, and the adjusted operating…
• Segment ProfitabilityImportance 32 · Surprise 40
  Engineered Components generated second-quarter adjusted EBITDA of $403 million, up 17% from $343 million, on revenue growth of 5%. Intelligent Systems generated adjusted EBITDA of $210 million, up 3% from $204 million,…
• Non-Automotive Market ExpansionImportance 32 · Surprise 58
  Aptiv reported double-digit revenue growth in its Non-Automotive markets during the second quarter. Management highlighted expansion across robotics, drones, aerospace and defense, telecom and datacom, and other…
• Autonomous / ADAS DevelopmentImportance 31 · Surprise 42
  Aptiv reported that its robotics business progressed from partnership activity to the commercial stage during the quarter. The company also identified a major commercial drone-market win secured in early July. These…
• Revenue Performance and MixImportance 24 · Surprise 14
  Second-quarter 2026 revenue increased 2% year over year to $3.274 billion, while adjusted revenue growth was also 2%. Engineered Components revenue increased 5% to $1.800 billion, whereas Intelligent Systems revenue…
• Geographic Revenue ShiftImportance 20 · Surprise 40
  Second-quarter revenue increased 10% in North America and 6% in Asia Pacific, including 5% growth in China. These gains were partially offset by an 8% decline in EMEA and a 4% decline in South America. For the first…
• Geographic Market CommentaryImportance 20 · Surprise 40
  Second-quarter revenue increased 10% in North America and 6% in Asia Pacific, including 5% growth in China. These gains were partially offset by an 8% decline in EMEA and a 4% decline in South America. For the first…
• Income Tax Rate ChangesImportance 17 · Surprise 82
  Second-quarter tax expense increased to $52 million from $16 million in the prior-year quarter, despite continuing-operations income before taxes increasing to $366 million from $294 million. Six-month tax expense fell…
• Macroeconomic Factors ImpactImportance 17 · Surprise 24
  Management described the macroeconomic landscape for Automotive as dynamic in the second quarter of 2026. Customer mix presented an incremental headwind to performance. Aptiv nevertheless expects to deliver continued…

News · 2026-08-04

• Debt Redemption and LiquidityImportance 64 · Surprise 42
  Aptiv redeemed approximately $1.847 billion of senior notes during the second quarter. The debt repayment was funded with a dividend received from the Electrical Distribution Systems spin-off. The transaction…
• Guidance and OutlookImportance 63 · Surprise 60
  Aptiv forecast third-quarter revenue of $3.12 billion to $3.22 billion, implying a sequential decline from second-quarter revenue of $3.274 billion. Full-year 2026 revenue guidance was set at $12.6 billion to $12.8…
• Revenue Performance and MixImportance 31 · Surprise 32
  Aptiv reported second-quarter 2026 revenue of $3.274 billion, up 2.3% from $3.199 billion in the year-ago quarter. Six-month revenue increased to $6.306 billion from $6.186 billion, a 1.9% increase. Adjusted revenue…
• Products and TechnologyImportance 31 · Surprise 42
  Aptiv is emphasizing non-automotive technology opportunities alongside its automotive portfolio. Management highlighted a July win in the drone market, indicating commercial traction beyond vehicle programs. The…
• Operating Margin DriversImportance 20 · Surprise 24
  Adjusted EBITDA margin expanded by 10 basis points in the second quarter, reaching 18.7% after the Versigent spin-off. Adjusted EBITDA was $613 million, while adjusted EPS was $1.63 compared with $1.42 expected by…
• Market Demand TrendsImportance 20 · Surprise 24
  Aptiv faced weaker automotive production schedules in China during the second quarter. Customer delays and postponed program launches contributed to a softer near-term demand environment. The company nevertheless…