Quarterly ResultJul 23, 2026, 07:16 AM
Visteon Q2 Net Income $49M, Down 31%; Diluted EPS $1.80
AI Summary
Visteon reported Q2 2026 net income of $49 million, a 31% decrease from $71 million in Q2 2025, with diluted EPS falling to $1.80 from $2.57. Net sales for the quarter slightly decreased to $960 million. For the first six months, net income was $80 million, down from $138 million. The company also acquired a software engineering firm for $24 million, amended its credit agreement, and incurred $17 million in restructuring expenses.
Key Highlights
- Q2 2026 Net Income attributable to Visteon $49M, down 31% from $71M YoY.
- Q2 2026 Diluted EPS $1.80, down from $2.57 in Q2 2025.
- Q2 2026 Net Sales $960M, a slight decrease from $969M YoY.
- H1 2026 Net Cash from Operating Activities $43M, down from $165M YoY.
- Acquired a software engineering company for $24M cash on June 5, 2026.
- Amended Credit Agreement for $300M Term Loan A and $400M Revolving Credit Facility.
- Repurchased $36M of common stock and paid $20M in dividends in H1 2026.
- Recorded $17M in net restructuring expense for H1 2026.
Price Impact
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