Adient posts $27 million Q2 profit, beats revenue, raises FY26 guidance
Adient reported Q2 net income of $27 million, reversing last year’s loss, with GAAP EPS of $0.34 and adjusted EPS of $0.52. Revenue reached $3.87 billion, beating forecasts, while management raised full-year guidance despite expected $35 million of higher second-half input costs.
1. Q2 Financial Performance
Adient reported net income of $27 million in fiscal Q2, reversing a year-earlier loss. GAAP diluted EPS reached $0.34 while adjusted EPS totaled $0.52, and revenue climbed to $3.87 billion, outpacing the prior quarter’s $3.57 billion.
2. Guidance and Input Cost Outlook
Management modestly raised its FY26 outlook despite anticipating $35 million of higher input costs in the second half. The guidance adjustment reflects confidence in cost recovery and sustained demand across global automotive seating markets.
3. Balance Sheet and Metrics
Adjusted EBITDA for the quarter reached $223 million, yielding a 5.8% margin. As of March 31, gross debt stood near $2.4 billion, net debt at $1.6 billion, and cash balances totaled $831 million, supporting financial flexibility.