--- title: "Adient | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.865 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/285360810.md" datetime: "2026-05-06T10:56:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285360810.md) - [en](https://longbridge.com/en/news/285360810.md) - [zh-HK](https://longbridge.com/zh-HK/news/285360810.md) --- # Adient | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 3.865 B Revenue: As of FY2026 Q2, the actual value is USD 3.865 B, beating the estimate of USD 3.63 B. EPS: As of FY2026 Q2, the actual value is USD 0.34, beating the estimate of USD -0.033. EBIT: As of FY2026 Q2, the actual value is USD 127 M. ### Financial Performance for the Three Months Ended March 31, 2026 vs. 2025 #### Consolidated Results - **Net Sales**: Adient plc reported net sales of $3,865 million for the three months ended March 31, 2026, an increase from $3,611 million in the prior year period. - **Gross Profit**: Gross profit was $257 million, down from $261 million in the same period last year. - **Selling, General and Administrative Expenses**: These expenses decreased to $138 million from $144 million year-over-year. - **Restructuring and Impairment Costs**: Costs significantly decreased to $5 million in 2026 from $351 million in 2025, which included a $333 million goodwill impairment charge in EMEA. - **Equity Income**: Equity income was $13 million, compared to $18 million in the previous year. - **Earnings (loss) before Interest and Income Taxes (EBIT)**: Adient plc recorded EBIT of $127 million, a substantial improvement from - $216 million in the prior year. - **Net Financing Charges**: Net financing charges remained constant at $48 million for both periods. - **Other Pension Expense**: Other pension expense increased to $3 million from $1 million. - **Income (loss) before Income Taxes**: The company achieved income before income taxes of $76 million, a significant turnaround from a loss of - $265 million in the comparative period. - **Income Tax Provision**: Income tax provision was $32 million, down from $48 million. - **Net Income (loss)**: Net income for the period was $44 million, recovering from a net loss of - $313 million. - **Net Income (loss) Attributable to Adient plc**: Net income attributable to Adient plc was $27 million, compared to a net loss of - $335 million in the prior year. #### Segment Performance (Three Months Ended March 31, 2026 vs. 2025) - **Americas Segment**: Net sales increased to $1,884 million from $1,699 million. Adjusted EBITDA grew to $109 million from $94 million, with the adjusted EBITDA margin rising to 5.8% from 5.5%. - **EMEA Segment**: Net sales slightly increased to $1,272 million from $1,231 million. Adjusted EBITDA decreased to $45 million from $50 million, and the adjusted EBITDA margin declined to 3.5% from 4.1%. - **Asia Segment**: Net sales rose to $734 million from $707 million. Adjusted EBITDA decreased to $92 million from $110 million, with the adjusted EBITDA margin falling to 12.5% from 15.6%. - **Consolidated Adjusted EBITDA**: Consolidated Adjusted EBITDA was $223 million, down from $233 million. The consolidated adjusted EBITDA margin was 5.8%, compared to 6.5% in the prior year. ### Cash Flow #### Three Months Ended March 31, 2026 vs. 2025 - **Operating Cash Flow**: Cash provided by operating activities was $81 million, a significant improvement from - $45 million used in the prior year period. - **Capital Expenditures**: Capital expenditures were - $73 million, up from - $45 million. - **Free Cash Flow**: Free cash flow improved to $8 million from - $90 million in the previous year. #### Six Months Ended March 31, 2026 vs. 2025 - **Operating Cash Flow**: Cash provided by operating activities was $161 million, up from $64 million. - **Capital Expenditures**: Capital expenditures were - $138 million, compared to - $109 million. - **Free Cash Flow**: Free cash flow improved to $23 million from - $45 million. ### Balance Sheet (March 31, 2026 vs. September 30, 2025) - **Cash and Cash Equivalents**: Decreased to $831 million from $958 million. - **Total Assets**: Increased to $9,032 million from $8,954 million. - **Total Debt**: Decreased slightly to $2,388 million from $2,397 million. - **Net Debt**: Increased to $1,557 million from $1,439 million. - **Net Leverage Ratio**: Increased to 1.77 from 1.63. ### Outlook / Guidance During the second quarter of fiscal 2026, Adient plc experienced higher operating cash flows of approximately $90 million due to certain commercial and derivative transactions. 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