Allison Transmission

Q2 FY2026 EarningsQ2 FY26 results beat consensus across the top and bottom lines, with revenue of $1,566M exceeding the $1,506M expected by 4.0%. Diluted EPS (GAAP) reached $2.15, while Normalized EPS of $2.73 (derived from Adjusted Net Income) notably outperformed the $2.58 mean consensus. The outperformance was primarily driven by the integration of the Dana off-highway acquisition and a 57% YoY surge in Defense revenue, despite a sharp decline in gross margin to 32.9% due to the lower-margin profile of the newly acquired segment.