Aptiv's third quarter 2026 adjusted EPS of $1.42 beats estimates following structural business reorganization

Aptiv reported third quarter revenue of $3.2 billion and adjusted EPS of $1.42, which exceeded the consensus estimate of $1.33. These results represent the first full quarter of the 'New Aptiv' structure following the April 2026 spin-off of its Electrical Distribution Systems business into Versigent PLC.

Key Highlights

• Adjusted revenue growth was 2% year-over-year, driven by 5% growth in North America and Asia Pacific which offset a 5% decline in EMEA production volumes.
• Capital allocation focused on shareholder returns with the repurchase of 4.7 million shares for $233 million during the quarter, leaving $1.6 billion in remaining authorization.
• Full-year 2026 revenue guidance was set at a midpoint of $12.7 billion with an expected adjusted EBITDA margin of 18.4% for the reorganized entity.