Visteon Q1 2026 Net Sales Rise to $954M, Gross Margin Falls to $113M

Visteon Corporation reported its first-quarter 2026 financial results, showing an increase in net sales to $954 million, up from $934 million in the prior year. However, the company's gross margin declined significantly to $113 million from $138 million in the same period last year. This decrease was primarily driven by higher cost of sales and the inclusion of $18 million in restructuring charges during the quarter.