Form 10-Q · Quarterly report
Aptiv 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0001521332
- Accession no.
- 0001521332-26-000061
Summary
Aptiv reported net sales of $3.3 billion for the quarter ended June 30, 2026, up 2% from a year earlier, with six-month sales of $6.3 billion also up 2%, and completed the April 1, 2026 spin-off of its Electrical Distribution Systems business into the separately listed Versigent PLC. Aptiv renamed its Advanced Safety and User Experience segment to Intelligent Systems and said tariffs, changes to trade agreements such as the USMCA, supply-chain disruption and elevated customer-driven inventory levels could adversely affect its results.
Key points
- Aptiv's volumes rose 3% in the quarter on growth in North America and Asia Pacific, partly offset by declines in Europe, against flat global automotive production on an Aptiv-weighted basis.
- In the first quarter of 2025 Aptiv had realigned into three reportable segments: Advanced Safety and User Experience, Engineered Components Group and Electrical Distribution Systems.
- To effect the separation, Aptiv distributed one Versigent ordinary share for every three Aptiv ordinary shares outstanding as of March 17, 2026, and Versigent began trading on the NYSE under the symbol "VGNT" on April 1, 2026.
- Aptiv said its inventories of productive, raw and component materials had risen substantially above customary levels as of June 30, 2026 and December 31, 2025 following customer production volatility and cancellations.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Executive Overview Our Business Aptiv is a global industrial technology company delivering advanced solutions across automotive, commercial vehicle, aerospace and defense, telecom and datacom, and other diversified industrial end markets. Our differentiated portfolio enables devices and systems to sense, think, act, and continuously optimize performance. Building on decades of innovation, Aptiv brings global scale and a resilient, localized value chain to customers across the globe. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.