Aptiv (APTV) Company Report

Record Q4 revenue of $5.2 B (+3% adj) and EPS of $1.86, driven by strong volume and resilient operating model.
Operating cash flow of $818 M; deployed over half to share repurchases (3.9 M shares/$300 M) and debt reduction ($150 M).
Full-year 2025 new business bookings of $27 B, ~80% from local China OEMs; 2026 bookings pipeline expected >$30 B.
2026 guidance for new Aptiv: $12.8–13.2 B revenue (+4%), $5.70–6.10 EPS, 18.6% EBITDA margin; VersaGen pro forma: $9.1–9.4 B revenue, 10.7% EBITDA margin.
VersaGen spin-out on April 1, 2026, led by Joe Liotine, separating the electrical distribution systems business.

3 days ago

Transcript

Aptiv reports Q4 2025 results

APTV

Earnings

Guidance Update

Share Buyback

Q4 revenue of $5.2 billion (+3% YoY), adjusted operating income of $607 million, EPS of $1.86, and operating cash flow of $818 million
2025 new business bookings totaled $27 billion, including $5 billion in China and over $4 billion in non-automotive; 2026 bookings expected to exceed $30 billion
Regional Q4 revenue growth: North America +8%, Europe −1%, China −5%, with 80% of China awards from local OEMs
2026 guidance: New Aptiv revenue of $12.8–13.2 billion (+4%), EBITDA margin 18.6%, EPS $5.70–6.10; VersaGen revenue $9.1–9.4 billion, EBITDA margin 10.7%
Capital allocation: deployed $400 million to share repurchases in Q3–Q4 2025, reducing share count by 20% since Q3 2024

3 days ago

Transcript

Aptiv reports Q4 2025 earnings and 2026 guidance

APTV

Earnings

Guidance Update

Share Buyback

Aptiv posted record Q4 revenue of $5.2 billion (up 3%), adjusted operating income of $607 million, EPS of $1.86 (up 6%), and generated $818 million of operating cash flow in Q4 2025.
Full-year 2025 new business awards reached $27 billion, with $5 billion in China and over $4 billion in non-auto markets; 2026 bookings are expected to exceed $30 billion.
On April 1, Aptiv will spin off its Electrical Distribution Systems business as VersaGen; 2026 pro forma guidance: New Aptiv revenue of $12.8–$13.2 billion and EPS of $5.70–$6.10, VersaGen revenue of $9.1–$9.4 billion with ~10.7% EBITDA margin.
Capital allocation in Q3–Q4 2025 included $400 million in share repurchases (3.9 million shares) and $150 million of debt retirements; since Q3 2024, Aptiv has deployed $3.5 billion to buybacks, reducing share count by 20%.
The company enhanced supply chain resilience with ~12-week semiconductor inventory coverage, incurred $80 million of separation costs in Q4, and plans a $200 million inventory build in 2026.

3 days ago

Transcript

Aptiv reports Q4 2025 results

APTV

Earnings

Share Buyback

Aptiv delivered record Q4 revenue of $5.2 billion, up 3% adjusted YoY, with adj. EPS of $1.86
Q4 bookings totaled $8.5 billion, driving FY 2025 bookings to $27 billion
Generated $818 million in operating cash flow, deploying $300 million to share repurchases and $150 million to debt reduction
Spin-off of Versigent remains on track, expected to trade as independent company (VGNT) on April 1, 2026

3 days ago

Presentation

Aptiv reports Q4 2025 results

APTV

Earnings

Guidance Update

Q4 2025 U.S. GAAP revenue was $5.2 billion, up 5% year-over-year (3% ex-currency/commodity); Adjusted Operating Income was $607 million and Adjusted EBITDA was $798 million.
Q4 GAAP net income was $138 million, GAAP diluted EPS was $0.64, and Adjusted EPS was $1.86.
Full Year 2025 U.S. GAAP revenue reached $20.4 billion, up 3% (2% ex-currency/commodity); Adjusted Operating Income was $2.46 billion and Adjusted EPS was $7.82.
Q1 2026 guidance: net sales of $4.95 billion–$5.15 billion and GAAP EPS of $0.60–$0.80; Full Year 2026 guidance: net sales of $21.12 billion–$21.82 billion and GAAP EPS of $5.75–$6.35.

3 days ago

8-K

Aptiv reports Q4 2025 results

APTV

Earnings

Guidance Update

Record full-year 2025 revenue of $20.4 billion (+3%) and adjusted EPS of $7.82
Q4 2025 U.S. GAAP revenue of $5.2 billion (+5%; +3% on an adjusted basis)
Q4 GAAP net income of $138 million, diluted EPS of $0.64; adjusted EPS of $1.86
Planned spin-off of the Electrical Distribution Systems business as Versigent, creating two independent companies
Q1 2026 guidance: net sales of $4.95 billion–$5.15 billion, adjusted EPS of $1.55–$1.75

3 days ago

Press Release

Aptiv to spin off Electrical Distribution Systems business as Versigent

APTV

CEO Change

CFO Change

M&A

Aptiv will spin off its Electrical Distribution Systems (EDS) business into a new independent company named Versigent, effective April 1, 2026, which will trade under the ticker “VGNT” on the NYSE.
Joseph Liotine has been named Chief Executive Officer of Versigent; he has served as Executive Vice President and President, EDS at Aptiv since November 2024.
Doug Ostermann has been appointed Chief Financial Officer of Versigent; he is currently VP Finance, EDS at Aptiv and previously served as CFO at Stellantis.
Versigent will serve global automotive and commercial vehicle markets with advanced signal, power, and data distribution systems, leveraging engineering centers on four continents and manufacturing operations in over 30 countries.

Jan 27, 2026, 1:00 PM

Press Release

Aptiv Gen 6 ADAS platform chosen by top global commercial vehicle OEM

APTV

Product Launch

Aptiv’s Gen 6 ADAS platform selected by a leading global commercial vehicle OEM for integration in future trucks and buses in India.
Scalable solution covering 14 vehicle models and 30+ variants, optimized for India’s traffic and environmental conditions.
Designed to meet India’s 2027 safety regulations (automatic emergency braking, lane departure, blind spot and pedestrian/obstacle detection) for commercial vehicles.
Leverages Aptiv’s modular software—deployed on 40 million+ vehicles globally—with OTA updates via LINC™ platform and Wind River’s VxWorks® RTOS, reinforcing Aptiv’s commitment to India alongside recent investments in Chennai facilities.

Jan 6, 2026, 11:00 AM

Press Release

Aptiv partners with Vecna Robotics to develop next-gen autonomous mobile robots

APTV

New Projects/Investments

Product Launch

Aptiv has entered a strategic collaboration with Vecna Robotics to co-develop next-generation autonomous mobile robots for warehouses and factories, integrating Aptiv’s advanced perception portfolio and machine learning technologies with Vecna’s autonomy and orchestration platform.
The joint solution features Aptiv’s PULSE™ sensor, Radar ML and Behavior ML for 360° real-time perception and dynamic trajectory planning in complex industrial environments.
Vecna’s platform, enhanced by Aptiv’s scalable compute stack—including VxWorks RTOS and Wind River Helix™ virtualisation—provides secure autonomy, AI-driven workflow orchestration and optimized material-handling throughput.
Aptiv will showcase Vecna’s CPJ Co-Bot Pallet Jack at CES 2026, underscoring its readiness for commercial deployment.

Dec 18, 2025, 1:00 PM

Press Release

Aptiv outlines spin-off structure and growth outlook

APTV

Guidance Update

Aptiv will split into New Aptiv (RemainCo) and EDS (SpinCo); New Aptiv targets 4–7% organic revenue CAGR through 2028 with 8–10% non-auto growth, while EDS expects 3–4% CAGR post-spin.
RemainCo aims for 200 bps margin expansion from 2025–2028 via manufacturing efficiencies, higher-margin non-auto flow-through and SG&A savings, and will eliminate $70 m of stranded costs by 2027.
EDS plans a parallel 200 bps margin uplift driven by product mix shifts to full-service solutions, automation of wire harness assembly and overhead reductions.
Aptiv has de-risked semiconductor supply with a $250 m investment in memory and chip inventory, multi-sourcing and localized supply in China to mitigate shortages and price volatility through 2027.