Quarterly ResultMay 4, 2026, 04:48 PM
Allison Q1 Net Sales $1.41B (+84%); Diluted EPS $1.33
AI Summary
Allison Transmission Holdings Inc. reported first-quarter 2026 net sales of $1.41 billion, an 84% increase year-over-year, primarily driven by the acquisition of the Allison Off-Highway business unit. Net income decreased to $112 million, or $1.33 diluted EPS, largely due to acquisition-related costs, while adjusted diluted EPS rose 6% to $2.57. The company reaffirmed its full-year 2026 guidance, paid a quarterly dividend of $0.29 per share, and repurchased over $20 million of common stock.
Key Highlights
- Allison Off-Highway business unit acquired January 1, 2026, contributing $673 million in net sales.
- Q1 2026 net sales increased 84% year-over-year to $1.41 billion.
- Q1 2026 net income was $112 million, or $1.33 diluted EPS, down from $192 million ($2.23 diluted EPS) in Q1 2025.
- Adjusted diluted EPS for Q1 2026 was $2.57, up 6% year-over-year.
- Adjusted EBITDA for Q1 2026 increased 22% to $362 million, with a 26% margin.
- Company reaffirmed full-year 2026 guidance, expecting consolidated net sales of $5.58B-$5.93B.
- Paid a quarterly dividend of $0.29 per share and repurchased over $20 million of common stock.
- Repaid $150 million under its revolving credit facility, progressing towards 2.0x net leverage target.