Aptiv PLC Earnings Recaps
Q2 2026
Aug 8, 2026
Aptiv’s shares gained 5.4% post-earnings, driven by better-than-expected momentum in new business awards and non-automotive revenue growth despite a cautious near-term outlook due to ongoing demand pressures in the automotive market, particularly in China.
Key takeaways
- Delivered 2% revenue growth and 10 bps EBITDA margin expansion in Q2.
- Non-automotive segment reported double-digit revenue growth, benefiting from diversified end markets and new program wins.
- Secured $5 billion in new business awards in Q2, with year-to-date total reaching $10 billion toward a $20 billion full year target.
- Automotive market faced headwinds from prolonged sales weakness in China and reduced production schedules by local OEMs and luxury European exporters.
- Repurchased $250 million in shares during Q2, totaling $325 million year-to-date, with plans to continue share buybacks exceeding $600 million in 2026.
Q1 2026
May 8, 2026
Aptiv’s stock declined 4.6% post-earnings as investors were disappointed by cautious outlook signals and margin pressures despite solid revenue and earnings growth. The cautious outlook combined with headwinds from input costs and geopolitical challenges appears to have weighed on investor sentiment.
Key takeaways
- Revenue grew 1% year-over-year to over $5 billion, showing resilience despite a decline in underlying vehicle production.
- Adjusted EBITDA exceeded $750 million, aided by volume growth and operational execution, offsetting foreign exchange and commodity cost headwinds.
- Margins saw a modest expansion of 30 basis points when excluding FX and commodity impacts, suggesting cost inflation remains a headwind for overall profitability.
- The company secured $7 billion in new business awards, demonstrating strong market demand, including $900 million from nonautomotive customers.
- Management highlighted ongoing macro uncertainties, supply chain challenges, and rising input costs (resins, metals), which dampened confidence and contributed to investor caution reflected in the stock decline.