Quarterly ResultMay 6, 2026, 06:57 AM
Adient Q2 Net Income $27M; EPS $0.34; Sales $3.87B
AI Summary
Adient plc reported a significant turnaround in its second quarter ended March 31, 2026, achieving a net income of $27 million, compared to a net loss of $335 million in the prior year. Diluted earnings per share improved to $0.34 from a loss of $3.99. Net sales increased by 7% to $3.87 billion, while adjusted EBITDA saw a slight decrease to $223 million. The company also reported positive free cash flow of $8 million, a substantial improvement from a negative $90 million in the previous year.
Key Highlights
- Net sales increased 7% to $3.87 billion for Q2 2026, up from $3.61 billion.
- Net income attributable to Adient was $27 million, a significant improvement from a $335 million loss.
- Diluted earnings per share reached $0.34, compared to a loss of $3.99 in Q2 2025.
- Adjusted EBITDA decreased slightly to $223 million from $233 million year-over-year.
- Free cash flow improved to $8 million in Q2 2026, from a negative $90 million.
- Americas segment net sales rose 10.9% to $1.88 billion, with Adjusted EBITDA up 16% to $109 million.
- EMEA segment net sales increased 3.3% to $1.27 billion, but Adjusted EBITDA fell 10% to $45 million.
- Asia segment net sales grew 3.8% to $734 million, while Adjusted EBITDA decreased 16.4% to $92 million.