Aptiv Q2 revenue rises on non-auto growth

Aptiv

04/08/2026 12:08

Overview
Industrial technology firm's Q2 U.S. GAAP revenue grew 2% yr/yr, led by North America 
Adjusted EPS for Q2 rose to $1.63, up from $1.31 last year
Company completed EDS spin-off and repurchased $250 mln in shares during Q2

Outlook
Aptiv sees Q3 net sales of $3.12 bln to $3.22 bln
Company expects 2026 net sales of $12.6 bln to $12.8 bln
Aptiv says automotive market remains dynamic, with customer mix an incremental headwind

Result Drivers
NON-AUTO GROWTH - Co reported double-digit revenue growth in non-automotive markets, including robotics and drones
REGIONAL MIX - Strong growth in North America and Asia Pacific was offset by declines in EMEA and South America
MARGIN EXPANSION - Margin gains driven by increased volumes and favorable currency exchange, partially offset by higher commodity costs

Company press release: ID:nBw6RqSJ9a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 U.S. GAAP revenue
 
$3.3 bln
 
Q2 Adjusted EPS
 
$1.63
 
Q2 EPS
 
$1.40
 
Q2 Net Income
 
$298 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)