Aptiv PLC (APTV) Earnings Call Transcripts

Aptiv PLC's Latest Earnings Call - Q2 FY2026

In Q2 2026, Aptiv PLC reported revenues of $3.3 billion, reflecting a 2% year-over-year growth, which was just below the midpoint of their guidance. Adjusted EBITDA was $613 million, with a slight margin expansion of 10 basis points. However, management has lowered their full-year revenue guidance to a range of $12.6 billion to $12.8 billion, citing challenges in the domestic China market and delays in program launches as key factors affecting performance. The company remains optimistic about long-term growth opportunities, particularly in non-automotive markets, which showed strong revenue growth of 12% in Q2.

Reported metrics

Guidance from management

Aptiv now expects full-year 2026 revenue in the range of $12.6 billion to $12.8 billion, adjusted EBITDA of $2.31 billion to $2.37 billion, and EPS of $5.60 to $5.80. This guidance reflects a reduction due to challenges in the automotive market and timing issues in software revenue.

What management said

Itay, it's Varun out here. Listen, yes, in terms of when you think about the year-over-year second half and also Q4 in particular, essentially, it's a couple of points, right? The first is the year-over-year uptick in the production with the North America customer, which had a fire at their supplier a year ago. So that unwinds from a comp perspective. The second is growth in our software and services business. As I m...

Yes. So from a run rate standpoint, margin profile, as you can imagine, is much higher than ones in automotive. We're investing in nonautomotive capabilities today from a product and go-to-market standpoint that we talked about. There's minimal capital investment because we're using existing facilities, existing machinery and equipment. So from a capital standpoint, that's less of an upfront cost and initial drag, bu...

What analysts pressed on

Analysts expressed concerns about the sustainability of growth in the automotive segment, particularly regarding the impact of the weak domestic China market and the timing of program launches. There were questions about how Aptiv plans to navigate these challenges and the potential for future revenue recovery.

Main topics on the call

• Revenue Growth and Guidance Reduction — Aptiv's revenue grew 2% year-over-year, but the company lowered its full-year revenue guidance by $300 million, now expecting $12.6 billion to $12.8 billion. Management noted, "the domestic China market has clearly deter...
• Non-Automotive Market Performance — The non-automotive segment achieved a 12% revenue growth in Q2, indicating strong demand and execution. Management expressed confidence in achieving annual revenues from robotics and drone markets of about $300 million o...
• Challenges in Automotive Market — Aptiv faced challenges in its automotive segment, with a 1% revenue decline attributed to weakness with luxury OEMs and production slowdowns in China. Management highlighted that "the China domestic market is significant...
• Capital Allocation Strategy — The company repurchased $250 million in shares during Q2, with plans to continue similar repurchases in the second half of the year, aiming for a total of over $600 million. Management reiterated, "we intend to remain ac...

Read the full Aptiv PLC transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 104 Aptiv PLC earnings call transcripts on record, spanning January 7, 2020 to August 4, 2026. Based on this history, Aptiv PLC reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

APTV

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

104

First call

January 7, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly