Aptiv PLC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: APTV reported Q1 FY2025 revenue of $5.09B (+5.4% YoY) but saw operating income fall 15.6% to $378M as rising costs and SG&A pressures compressed margins, while net income surged to $189M versus a prior-year loss, aided by a significant financing inflow that boosted cash to $3.17B.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 5.4% YoY to $5.09B in Q1 FY2025, but cost of revenue rose faster at 6.7% YoY to $4.17B, squeezing gross profit and pushing operating margin down from 9.3% to 7.4%. This indicates top-line momentum is being offset by cost inflation and operational pressures.
SG&A expenses increased 11.2% YoY to $427M, outpacing revenue growth of 5.4%, which was a key contributor to the 15.6% decline in operating income to $378M. This suggests increased overhead or restructuring-related costs weighing on profitability.
Net income swung dramatically to $189M from a loss of $11M in the prior-year period, a YoY increase of over 1,800%. This recovery was driven by factors below the operating line, such as favorable non-operating items, rather than core operating improvement.
Revenue
$5.09B
++5.41% YoY
EPS (Basic)
$0.89
++1880.00% YoY
Operating Income
$378M
-15.63% YoY
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