APTV · 10-Q · 2026Q3 · Full report
Restructuring and Headcount
Aptiv PLC · 2026-11-03 · Importance 60 · Surprise 74 · Matches filing data
Aptiv recorded restructuring charges of approximately $8 million in the third quarter and $48 million in the first nine months of 2026, down from $39 million and $88 million, respectively, in 2025. The company expects approximately $35 million of cash payments over the next 12 months under implemented programs. It also has approximately $50 million of approved restructuring programs expected within the next 12 months, including $35 million for Intelligent Systems and $15 million for Engineered Components, focused on overhead reduction, shifting European manufacturing to best-cost locations, and aligning capacity with production levels.
Key facts
- Aptiv expects additional restructuring expense in 2026 and beyond, including approximately $50 million for approved programs within the next twelve months: $15 million for Engineered Components and $35 million for Intelligent Systems. source
- Aptiv expects to make approximately $35 million in cash restructuring payments over the next twelve months under currently implemented programs. source
- Aptiv recorded employee-related and other restructuring charges of approximately $8 million in the third quarter and $48 million in the first nine months of 2026. source
- Aptiv plans future restructuring, if necessary, to align manufacturing capacity and costs with regional production, improve location efficiency and utilization, and increase advanced-technology and engineering investment. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -1.3% | Aptiv expects additional restructuring expense in 2026 and beyond, including approximately $50 million for approved programs within the… |
| cash | negative | committed | -0.2% | Aptiv expects to make approximately $35 million in cash restructuring payments over the next twelve months under currently implemented… |